North America Low Speed Electric Vehicle (LSEV) Market 2020-2030 by Product (Two-wheelers, Three-wheelers, Four-wheelers), Voltage, Battery, Vehicle Type, End User, and Country: Trend Forecast and Growth Opportunity

March 2021 | 114 pages | ID: N05789212741EN
GMD Research

Abstracts

North America low speed electric vehicle market is expected to grow by 13.9% annually in the forecast period and reach $2,111.7 million by 2030 owing to stringent environmental regulations, improvement in electric vehicle R&D, advanced battery technology, and government subsidies.

Highlighted with 25 tables and 53 figures, this 114-page report “North America Low Speed Electric Vehicle (LSEV) Market 2020-2030 by Product (Two-wheelers, Three-wheelers, Four-wheelers), Voltage, Battery, Vehicle Type, End User, and Country: Trend Forecast and Growth Opportunity” is based on a comprehensive research of the entire North America low speed electric vehicle market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2017-2019 and provides estimate and forecast from 2020 till 2030 with 2019 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)

In-depth qualitative analyses include identification and investigation of the following aspects:

• Market Structure
• Growth Drivers
• Restraints and Challenges
• Emerging Product Trends & Market Opportunities
• Porter’s Fiver Forces

The trend and outlook of North America market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19. The balanced (most likely) projection is used to quantify North America low speed electric vehicle market in every aspect of the classification from perspectives of Product, Voltage, Battery, Vehicle Type, End User, and Country.

Based on Product, the North America market is segmented into the following sub-markets with annual revenue for 2020-2030 included in each section.

• Two-wheelers
• E-Bikes
• E-Scooters
• Motorcycles
• Kick Scooters
• Other Two-wheelers
• Three-wheelers
• Four-wheelers

Based on Voltage, the North America market is segmented into the following sub-markets with annual revenue for 2020-2030 included in each section.

• 24V
• 36V
• 48V
• 60V
• 72V

Based on Battery, the North America market is segmented into the following sub-markets with annual revenue for 2020-2030 included in each section.

• Lithium-Ion Battery LSEV
• Lead-Acid Battery LSEV
• Other Battery LSEV

Based on Vehicle Type, the North America market is segmented into the following sub-markets with annual revenue for 2020-2030 included in each section.

• Passenger LSEV
• Heavy-duty LSEV
• Utility LSEV
• Off-road LSEV

Based on End User, the North America market is segmented into the following sub-markets with annual revenue for 2020-2030 included in each section.

• Golf Courses
• Tourist Destinations
• Hotels & Resorts
• Transport Terminals
• Residential & Commercial Premises
• Other End Users

Geographically, the following national/local markets are fully investigated:

• U.S.
• Canada
• Mexico

For each key country, detailed analysis and data for annual revenue are available for 2020-2030. The breakdown of key national markets by Voltage, Battery, and Vehicle Type over the forecast years is also included.

The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.

Specifically, potential risks associated with investing in North America low speed electric vehicle market are assayed quantitatively and qualitatively through GMD’s Risk Assessment System. According to the risk analysis and evaluation, Critical Success Factors (CSFs) are generated as a guidance to help investors & stockholders identify emerging opportunities, manage and minimize the risks, develop appropriate business models, and make wise strategies and decisions.

Key Players (this may not be a complete list and extra companies can be added upon request):

AGT Electric Cars

Accell Group N.V.

Bintelli Electric Vehicles

Deere & Company

HDK Electric Vehicles

Ingersoll Rand, Inc.

Moto Electric Vehicles

Pedego Electric Bikes

Polaris Industries

Razer LLC

Sonders

Textron Inc.

Zero Motorcycle Inc.

(Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)

Contents

1 INTRODUCTION

1.1 Industry Definition and Research Scope
  1.1.1 Industry Definition
  1.1.2 Research Scope
1.2 Research Methodology
  1.2.1 Overview of Market Research Methodology
  1.2.2 Market Assumption
  1.2.3 Secondary Data
  1.2.4 Primary Data
  1.2.5 Data Filtration and Model Design
  1.2.6 Market Size/Share Estimation
  1.2.7 Research Limitations
1.3 Executive Summary

2 MARKET OVERVIEW AND DYNAMICS

2.1 Market Size and Forecast
  2.1.1 Impact of COVID-19 on World Economy
  2.1.2 Impact of COVID-19 on the Market
2.2 Major Growth Drivers
2.3 Market Restraints and Challenges
2.4 Emerging Opportunities and Market Trends
2.5 Porter’s Fiver Forces Analysis

3 SEGMENTATION OF NORTH AMERICA MARKET BY PRODUCT

3.1 Market Overview by Product
3.2 Two-wheelers
  3.2.1 E-Bikes
  3.2.2 E-Scooters
  3.2.3 Motorcycles
  3.2.4 Kick Scooters
  3.2.5 Other Two-wheelers
3.3 Three-wheelers
3.4 Four-wheelers

4 SEGMENTATION OF NORTH AMERICA MARKET BY VOLTAGE

4.1 Market Overview by Voltage
4.2 24V
4.3 36V
4.4 48V
4.5 60V
4.6 72V

5 SEGMENTATION OF NORTH AMERICA MARKET BY BATTERY

5.1 Market Overview by Battery
5.2 Lithium-Ion Battery LSEV
5.3 Lead-Acid Battery LSEV
5.4 Other Battery LSEV

6 SEGMENTATION OF NORTH AMERICA MARKET BY VEHICLE TYPE

6.1 Market Overview by Vehicle Type
6.2 Passenger LSEV
6.3 Heavy-duty LSEV
6.4 Utility LSEV
6.5 Off-road LSEV

7 SEGMENTATION OF NORTH AMERICA MARKET BY END USER

7.1 Market Overview by End User
7.2 Golf Courses
7.3 Tourist Destinations
7.4 Hotels & Resorts
7.5 Transport Terminals
7.6 Residential & Commercial Premises
7.7 Other End Users

8 NORTH AMERICA MARKET 2020-2030 BY COUNTRY

8.1 Overview of North America Market
8.2 U.S.
8.3 Canada
8.4 Mexico

9 COMPETITIVE LANDSCAPE

9.1 Overview of Key Vendors
9.2 New Product Launch, Partnership, Investment, and M&A
9.3 Company Profiles
AGT Electric Cars
Accell Group N.V.
Bintelli Electric Vehicles
Deere & Company
HDK Electric Vehicles
Ingersoll Rand, Inc.
Moto Electric Vehicles
Pedego Electric Bikes
Polaris Industries
Razer LLC
Sonders
Textron Inc.
Zero Motorcycle Inc.

10 INVESTING IN NORTH AMERICA MARKET: RISK ASSESSMENT AND MANAGEMENT

10.1 Risk Evaluation of North America Market
10.2 Critical Success Factors (CSFs)
Related Reports and Products

List Of Tables

LIST OF TABLES

Table 1. Snapshot of North America Low Speed Electric Vehicle Market in Balanced Perspective, 2020-2030
Table 2. Growth Rate of World Real GDP, 2017-2021
Table 3. Main Product Trends and Market Opportunities in North America Low Speed Electric Vehicle Market
Table 4. North America Low Speed Electric Vehicle Market by Product, 2020-2030, $ mn
Table 5. North America Low Speed Electric Vehicle Market: Two-wheelers by Type, 2020-2030, $ mn
Table 6. North America Low Speed Electric Vehicle Market by Voltage, 2020-2030, $ mn
Table 7. North America Low Speed Electric Vehicle Market by Battery, 2020-2030, $ mn
Table 8. North America Low Speed Electric Vehicle Market by Vehicle Type, 2020-2030, $ mn
Table 9. North America Low Speed Electric Vehicle Market by End User, 2020-2030, $ mn
Table 10. North America Low Speed Electric Vehicle Market by Country, 2020-2030, $ mn
Table 11. U.S. Low Speed Electric Vehicle Market by Voltage, 2020-2030, $ mn
Table 12. U.S. Low Speed Electric Vehicle Market by Battery, 2020-2030, $ mn
Table 13. U.S. Low Speed Electric Vehicle Market by Vehicle Type, 2020-2030, $ mn
Table 14. Canada Low Speed Electric Vehicle Market by Voltage, 2020-2030, $ mn
Table 15. Canada Low Speed Electric Vehicle Market by Battery, 2020-2030, $ mn
Table 16. Canada Low Speed Electric Vehicle Market by Vehicle Type, 2020-2030, $ mn
Table 17. Mexico Low Speed Electric Vehicle Market by Voltage, 2020-2030, $ mn
Table 18. Mexico Low Speed Electric Vehicle Market by Battery, 2020-2030, $ mn
Table 19. Mexico Low Speed Electric Vehicle Market by Vehicle Type, 2020-2030, $ mn
Table 20. AGT Electric Cars: Company Snapshot
Table 21. AGT Electric Cars: Business Segmentation
Table 22. AGT Electric Cars: Product Portfolio
Table 23. AGT Electric Cars: Revenue, 2017-2019, $ mn
Table 24. Risk Evaluation for Investing in North America Market, 2020-2030
Table 25. Critical Success Factors and Key Takeaways

List Of Figures

LIST OF FIGURES

Figure 1. Research Method Flow Chart
Figure 2. Breakdown of Primary Research
Figure 3. Bottom-up Approach and Top-down Approach for Market Estimation
Figure 4. North America Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2020-2030
Figure 5. North America Low Speed Electric Vehicle Market, 2020-2030, $ mn
Figure 6. North America Low Speed Electric Vehicle Market, 2020-2030, thousand units
Figure 7. Impact of COVID-19 on Business
Figure 8. Primary Drivers and Impact Factors of North America Low Speed Electric Vehicle Market
Figure 9. Primary Restraints and Impact Factors of North America Low Speed Electric Vehicle Market
Figure 10. Investment Opportunity Analysis
Figure 11. Porter’s Fiver Forces Analysis of North America Low Speed Electric Vehicle Market
Figure 12. Breakdown of North America Low Speed Electric Vehicle Market by Product, 2020-2030, % of Revenue
Figure 13. North America Addressable Market Cap in 2021-2030 by Product, Value ($ mn) and Share (%)
Figure 14. North America Low Speed Electric Vehicle Market: Two-wheelers, 2020-2030, $ mn
Figure 15. North America Low Speed Electric Vehicle Market: E-Bikes, 2020-2030, $ mn
Figure 16. North America Low Speed Electric Vehicle Market: E-Scooters, 2020-2030, $ mn
Figure 17. North America Low Speed Electric Vehicle Market: Motorcycles, 2020-2030, $ mn
Figure 18. North America Low Speed Electric Vehicle Market: Kick Scooters, 2020-2030, $ mn
Figure 19. North America Low Speed Electric Vehicle Market: Other Two-wheelers, 2020-2030, $ mn
Figure 20. North America Low Speed Electric Vehicle Market: Three-wheelers, 2020-2030, $ mn
Figure 21. North America Low Speed Electric Vehicle Market: Four-wheelers, 2020-2030, $ mn
Figure 22. Breakdown of North America Low Speed Electric Vehicle Market by Voltage, 2020-2030, % of Sales Revenue
Figure 23. North America Addressable Market Cap in 2021-2030 by Voltage, Value ($ mn) and Share (%)
Figure 24. North America Low Speed Electric Vehicle Market: 24V, 2020-2030, $ mn
Figure 25. North America Low Speed Electric Vehicle Market: 36V, 2020-2030, $ mn
Figure 26. North America Low Speed Electric Vehicle Market: 48V, 2020-2030, $ mn
Figure 27. North America Low Speed Electric Vehicle Market: 60V, 2020-2030, $ mn
Figure 28. North America Low Speed Electric Vehicle Market: 72V, 2020-2030, $ mn
Figure 29. Breakdown of North America Low Speed Electric Vehicle Market by Battery, 2020-2030, % of Sales Revenue
Figure 30. North America Addressable Market Cap in 2021-2030 by Battery, Value ($ mn) and Share (%)
Figure 31. North America Low Speed Electric Vehicle Market: Lithium-Ion Battery LSEV, 2020-2030, $ mn
Figure 32. North America Low Speed Electric Vehicle Market: Lead-Acid Battery LSEV, 2020-2030, $ mn
Figure 33. North America Low Speed Electric Vehicle Market: Other Battery LSEV, 2020-2030, $ mn
Figure 34. Breakdown of North America Low Speed Electric Vehicle Market by Vehicle Type, 2020-2030, % of Revenue
Figure 35. North America Addressable Market Cap in 2021-2030 by Vehicle Type, Value ($ mn) and Share (%)
Figure 36. North America Low Speed Electric Vehicle Market: Passenger LSEV, 2020-2030, $ mn
Figure 37. North America Low Speed Electric Vehicle Market: Heavy-duty LSEV, 2020-2030, $ mn
Figure 38. North America Low Speed Electric Vehicle Market: Utility LSEV, 2020-2030, $ mn
Figure 39. North America Low Speed Electric Vehicle Market: Off-road LSEV, 2020-2030, $ mn
Figure 40. Breakdown of North America Low Speed Electric Vehicle Market by End User, 2020-2030, % of Revenue
Figure 41. North America Addressable Market Cap in 2021-2030 by End User, Value ($ mn) and Share (%)
Figure 42. North America Low Speed Electric Vehicle Market: Golf Courses, 2020-2030, $ mn
Figure 43. North America Low Speed Electric Vehicle Market: Tourist Destinations, 2020-2030, $ mn
Figure 44. North America Low Speed Electric Vehicle Market: Hotels & Resorts, 2020-2030, $ mn
Figure 45. North America Low Speed Electric Vehicle Market: Transport Terminals, 2020-2030, $ mn
Figure 46. North America Low Speed Electric Vehicle Market: Residential & Commercial Premises, 2020-2030, $ mn
Figure 47. North America Low Speed Electric Vehicle Market: Other End Users, 2020-2030, $ mn
Figure 48. Breakdown of North America Low Speed Electric Vehicle Market by Country, 2020 and 2030, % of Revenue
Figure 49. Contribution to North America 2021-2030 Cumulative Revenue by Country, Value ($ mn) and Share (%)
Figure 50. U.S. Low Speed Electric Vehicle Market, 2020-2030, $ mn
Figure 51. Canada Low Speed Electric Vehicle Market, 2020-2030, $ mn
Figure 52. Low Speed Electric Vehicle Market in Mexico, 2015-2030, $ mn
Figure 53. Growth Stage of North America Low Speed Electric Vehicle Industry over the Forecast Period