Electric LSV Market 2018-2025

2018-12-30 12:39:16

Electric LSV Market is Projected to Register a Significant CAGR of 16.7% over the forecast period.

Research Methodology:

Primary research: Interviews of various industry experts and supplement this with the best secondary sources for each study. The break-up of primary research is as follows:

By Company Type-  Tier 1: 40%, Tier 2: 32% & Tier 3: 28%

By Designation: C-Level Executives: 38%, Directors: 24% & Managers: 28%.

By Region- North America: 27%, Europe: 22%, Asia Pacific:30%, Rest of World:21%

Secondary research: Secondary sources and exclusive data and analytics with in-depth reporting.

Data Triangulation: After gaining insights from primary and secondary research, the research team analyzes data about the latest trends and key issues in reference to each country and industry and present it in report.

Market Segmentation:

By Vehicle Type:

Electric Golf Cart

Electric Personal Utility Vehicle

Off-road Vehicle

Commercial Electric Vehicle

By End-Use Industry:

Golf Courses

Hotels & Resorts

Tourist Destinations


Residential & Commercial Premises

Other Institutions

Regional Segmentation:

North America (U.S. & Canada), Europe (Germany, UK, France, Italy, Spain, Russia, Poland, Rest of Europe), Asia Pacific (China, India, Japan, South Korea, Malaysia, Singapore, Australia, Rest of Asia-Pacific), Latin America (Brazil, Mexico, Rest of Latin America) and Middle East & Africa (GCC, South Africa, North Africa and Rest of Middle East & Africa)

Market Size & Forecast:

The market of electric LSV is thriving at a CAGR (Compound Annual Growth Rate) of 16.7% over the forecast period. The market is estimated to reach at an exponential value of USD 8.2 Billion at the end of 2025.

Regionally, North America region grabbed the largest revenue share in the market of electric LSV in 2017. Additionally, North America region is anticipated to account for 31.1% share of the global electric LSV market by the end of 2025.

Market Drivers, Trends, Opportunities and Restraints:


Constructive government initiatives in emerging countries such as China, Brazil and India for the deployment of electric LSV in public transport and rising awareness among people in developed countries towards greenhouse gas mitigation are expected to bolster the growth of electric LSV market.

Research Scope

Research Scope

- Overview of Main Industry Events and Analysis of Their Market Impact

- Executive Summary

- Market Drivers, Trends, Challenges and Opportunities

- Market Size and Forecast Projections

- Estimating Market Access in Each Region and Implications of the Emerging Technologies in the Market

- Macroeconomic Indicators of Various Countries Impacting the Growth of the Market

- Extensive Coverage of Industry Players including Recent Product Launches and Market Activities

- BCG Growth Share Matrix

- Porter’s Five Force Analysis


Reasons to Buy

The report will facilitate you to:

- Cultivate and design your in-licensing and out-licensing strategies through a review of marketed products and technologies.

- Develop business tactics by understanding the trends molding and thriving the market.

- Drive revenues by considering the vital trends, pioneering products and technologies, market segments and companies likely to impact the market in the future.

- Formulate effective sales and marketing strategies by examining the competitive landscape and by evaluating the performance of various competitors.

- Recognize emergent players with potentially strong product portfolios and develop effective counter-tactics to gain a competitive advantage.

- Unify your sales and marketing labors by recognizing the market segments that present utmost opportunities for consolidations, investments and strategic partnerships.

Market Players:

Textron, Global Electric Motors (GEM), Reva, Zenn Motors, Hitachi Chemicals, Ingersoll Rand, Yamaha motors, Polaris, Star EV, Dongfeng Electric Vehicles Co. Ltd., Bradshaw Electric Vehicles are some of the major players dominating the electric LSV market globally.


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