저속 차량 시장 - 세계 산업 규모, 점유율, 동향, 기회, 예측 : 추진 유형별, 차량 유형별, 용도별, 지역별, 경쟁별(2019-2029년)
Low Speed Vehicle Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Propulsion Type, By Vehicle Type, By Application, By Region & Competition, 2019-2029F
상품코드:1591528
리서치사:TechSci Research
발행일:2024년 11월
페이지 정보:영문 183 Pages
라이선스 & 가격 (부가세 별도)
ㅁ Add-on 가능: 고객의 요청에 따라 일정한 범위 내에서 Customization이 가능합니다. 자세한 사항은 문의해 주시기 바랍니다.
한글목차
저속 차량 세계 시장 규모는 2023년 123억 1,000만 달러, 예측 기간 동안 8.62%의 CAGR로 2029년에는 201억 2,000만 달러에 달할 것으로 예상됩니다.
저속 차량은 최고 속도가 시속 25마일로 제한되고 총 중량이 1,400kg 미만인 것이 특징이며, 주로 산업, 상업 및 공동 운송 분야에서 기능합니다. 그 용도는 골프 카트에서 동네 이동수단까지 다양하며, 적응력과 사용 편의성이 매우 뛰어납니다.
시장 개요
예측 기간
2025-2029년
시장 규모 : 2023년
123억 1,000만 달러
시장 규모 : 2029년
201억 2,000만 달러
CAGR : 2024-2029년
8.62%
급성장 부문
전기자동차
최대 시장
북미
전기자동차에 대한 선호도가 높아지는 것은 전기자동차의 친환경적 특성, 전기 파워트레인, 탄소배출량 최소화에 크게 영향을 받아 기존 자동차에 비해 탄소배출량을 23% 절감하는 데 기여하고 있습니다. 이러한 추세는 지속가능한 운송 솔루션을 향한 전 세계의 광범위한 변화와 일치하며, COVID-19 팬데믹으로 인한 혼란은 생산 둔화로 인한 단기적인 판매 감소로 이어졌지만, 시장은 회복 및 확장 추세에 있습니다.
팬데믹 이전 수준의 생산량 회복과 더불어 전기 추진력, 자율주행 기능 등 기술 발전이 시장의 잠재력을 높이고 있습니다. 저배출을 목표로 하는 규제 요건과 함께 환경에 대한 관심이 높아지면서 저속 차량 시장의 기술 혁신에 박차를 가하고 있습니다. 자율주행 기술의 출현과 저속 차량에 ADAS(첨단 운전자 보조 시스템)와 같은 기능의 탑재는 새로운 성장 기회를 가져다 줄 것입니다. 업계 선도 기업들의 전략적 전개와 기술 혁신 및 기술 진보에 대한 집중을 통해 세계 저속 차량 시장은 예측 기간 동안 크게 성장할 수 있는 전략적 환경이 조성되고 있습니다.
주요 시장 촉진요인
친환경과 지속가능성
규제를 통한 지원과 격려
주요 시장 과제
인프라 제약조건
교통 혼잡 시 안전에 대한 우려
주요 시장 동향
자율주행 저속 차량의 등장
기술 혁신과 커스터마이징
목차
제1장 소개
제2장 조사 방법
제3장 주요 요약
제4장 고객의 소리
제5장 세계의 저속 차량 시장 전망
시장 규모와 예측
금액별
시장 점유율과 예측
추진 유형별(전기자동차, 내연기관)
차종별(스포츠 필드 유틸리티 차량, 상업용 유틸리티 차량, 퍼스널 캐리어)
용도별(스포츠 필드, 산업 시설, 공항, 호텔·리조트)
지역별
상위 5개사, 기타(2023)
세계의 저속 차량 시장 매핑 및 기회 평가
추진 유형별
차종별
용도별
제6장 북미의 저속 차량 시장 전망
시장 규모와 예측
금액별
시장 점유율과 예측
추진 유형별
차종별
용도별
국가별
제7장 유럽의 저속 차량 시장 전망
시장 규모와 예측
금액별
시장 점유율과 예측
추진 유형별
차종별
용도별
국가별
제8장 아시아태평양의 저속 차량 시장 전망
시장 규모와 예측
금액별
시장 점유율과 예측
추진 유형별
차종별
용도별
국가별
제9장 중동 및 아프리카의 저속 차량 시장 전망
시장 규모와 예측
금액별
시장 점유율과 예측
추진 유형별
차종별
용도별
국가별
제10장 남미의 저속 차량 시장 전망
시장 규모와 예측
금액별
시장 점유율과 예측
추진 유형별
차종별
용도별
국가별
제11장 시장 역학
성장 촉진요인
과제
제12장 COVID-19가 세계의 저속차 시장에 미치는 영향
영향 평가 모델
영향을 받는 주요 부문
영향을 받는 주요 지역
영향을 받는 주요 국가
제13장 시장 동향과 발전
제14장 경쟁 상황
기업 개요
Textron, Inc
Polaris Inc
Club Car, LLC
Yamaha Motor Corporation, U.S.A.
Columbia Vehicle Group, Inc
Suzhou Eagle Electric Vehicle Manufacturing Co., Ltd
ACG, Inc.
STAR EV Corporation
Alke s.r.l.
GEM WAEV, LLC
제15장 전략적 제안·액션 플랜
주요 중점 분야
타겟 추진 유형
대상 차량 유형
제16장 조사 회사 소개 및 면책사항
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영문 목차
영문목차
Global Low Speed Vehicle Market was valued at USD 12.31 Billion in 2023 and is expected to reach USD 20.12 Billion by 2029 with a CAGR of 8.62% during the forecast period. Low-speed vehicles, characterized by a restricted maximum speed of 25 mph and a gross weight less than 1,400 kg, primarily function in industrial, commercial, and communal transportation settings. Their use spans from golf carts to neighborhood vehicles, showcasing their adaptability and user-friendliness.
Market Overview
Forecast Period
2025-2029
Market Size 2023
USD 12.31 Billion
Market Size 2029
USD 20.12 Billion
CAGR 2024-2029
8.62%
Fastest Growing Segment
Electric Vehicle
Largest Market
North America
The growing preference for these vehicles is largely influenced by their environmentally friendly attributes, electric powertrains, and minimized carbon emissions, contributing to a 23% reduction in carbon dioxide when compared with traditional vehicles. This trend aligns with a broader global shift towards sustainable transport solutions. Despite the disruptions caused by the COVID-19 pandemic which led to a short-term decrease in sales due to production slowdowns, the market is on a path to recovery and expansion.
The resurgence to pre-pandemic production levels, along with technological advancements like electric propulsion and autonomous driving capabilities, enhances the market's future prospects. The heightening concern for the environment, alongside regulatory requirements targeting lower emissions, is spurring innovation within the low-speed vehicle market. The emergence of autonomous technology and the incorporation of features such as Advanced Driver-Assistance Systems (ADAS) in low-speed vehicles present new growth opportunities. Through strategic deployments and a focus on innovation and technological advancements by leading industry players, the Global Low Speed Vehicle Market is strategically set for significant expansion over the forecast period.
Key Market Drivers
Eco-Friendliness and Sustainability
One of the principal driving factors in the Global Low Speed Vehicle Market is its eco-friendly nature. Growing awareness and a strong societal push to reduce carbon emissions fuel the demand for vehicles designed with sustainability in mind. Typically electric, low-speed vehicles offer a substantial reduction in carbon dioxide emissions compared to standard vehicles. Households utilizing both a low-speed vehicle and a traditional car report around a 23% decrease in emissions, as these vehicles leverage the ability to operate efficiently on a single charge. As the world becomes more focused on addressing environmental issues, the clear ecological advantages of low-speed vehicles are resonating with both individual consumers and businesses. These vehicles present not only an economical option in operational terms but also a viable response to urban pollution and emissions regulations, especially those gaining traction in larger economic areas. These benefits are promoting widespread adoption across various sectors, ranging from local commuting to campus transportation solutions, and support the ongoing global commitment to environmental sustainability.
Regulatory Support and Encouragement
Governmental regulations play an essential role in propelling the Global Low Speed Vehicle Market forward. In regions like North America, Asia, and Europe, there is a notable increase in government policies advocating for lower vehicle emissions and financially supporting the shift to electric vehicles. Strict government policies require manufacturers to align with low-emission vehicle standards, thus pushing a move towards cleaner technologies. For instance, regulatory initiatives such as the California Air Resources Board (CARB) promote Zero-Emission Vehicles (ZEVs), which include low-speed vehicles. Moreover, the financial architecture supports this through subsidies and tax incentives, making the purchase of electric low-speed vehicles more accessible for end-users. This governmental backing not only addresses climate change and pollution concerns but actively propels the market by enhancing consumer accessibility. The regulatory support is a crucial stimulant for industry innovation, pushing companies to constantly evolve their products to remain compliant with regulations while aligning with sustainability-driven consumer preferences. For instance, In August 2024, Walton County postponed a low-speed vehicle ordinance amid business owner opposition. The ordinance aimed to define LSVs as four-wheel vehicles with a top speed of 20-25 mph. It also sought to amend local regulations to improve public understanding of LSVs.
Key Market Challenges
Infrastructure Constraints
Infrastructure limitations present a significant obstacle to the growth trajectory of the Global Low Speed Vehicle Market. The integration of low-speed vehicles requires dedicated infrastructure, including charging stations, specific lanes, and specialized parking areas. Many areas lack the necessary infrastructure to effectively accommodate low-speed vehicles, thus restricting their practical use. In urban environments where higher-speed vehicles dominate the roads, the integration of these two speed categories without appropriate infrastructure raises safety issues and potential regulatory conflicts. The need for a comprehensive network of electric vehicle charging stations further complicates matters, as the pace of global infrastructure development does not match the rate of vehicle adoption. Without significant investment and strategic infrastructural planning, the full convenience and advantages offered by low-speed vehicles may remain untapped.
Safety Concerns in Mixed Traffic Conditions
Safety is a significant concern for the Global Low Speed Vehicle Market, primarily because these vehicles are engineered for lower speeds, generally under 25 mph. This feature raises concerns about their safety when they share roads with conventional, faster vehicles. While their slower nature provides benefits in controlled settings, it becomes a potential risk on regular streets, increasing the likelihood of accidents. The lack of comprehensive safety mechanisms tailored for lower-speed dynamics in mixed traffic environments further exacerbates these risks. If potential customers have reservations regarding safety, the uptake of these vehicles could be negatively impacted. Consequently, addressing these safety issues through advancements in technologies such as advanced driver assistance systems and implementing urban policies that accommodate mixed-speed traffic is crucial for maintaining market growth.
Key Market Trends
Emergence of Autonomous Low-Speed Vehicles
A key trend in the Global Low Speed Vehicle Market is the introduction of autonomous vehicle technologies. Autonomous Low Speed Vehicles (ALSVs) are increasingly being utilized across various sectors, particularly in controlled environments like college campuses, healthcare institutions, and retirement communities. These self-driving vehicles offer significant benefits in terms of safety and operational efficiency due to the integration of Advanced Driver-Assistance Systems (ADAS). Companies like Carteav already provide autonomous mobility services, underscoring the growing acceptance and use of this technology. Post-pandemic, it's expected that demand for autonomous golf carts will rise due to the enhanced social experience and operational efficiencies provided. This trend indicates an optimistic outlook, suggesting that autonomous functionalities are progressively becoming a key feature in the low-speed vehicle market. For instance, In September 2024, Ecar Technology, a Chinese low-speed self-driving vehicle startup, raised USD 28.1 million from investors like Guohe Capital and China Capital Management. The funds will be used to build a smart factory and increase production capacity. This aims to meet the rising demand for driverless vehicles.
Technological Innovations and Customization
Low-speed vehicles are experiencing a wave of technological enhancements, including features such as GPS integration, smartphone connectivity, and wireless charging capabilities. The desire for customization is growing, with consumers increasingly seeking vehicles that align with their personal tastes and functional needs. This consumer-driven trend has encouraged manufacturers to prioritize bespoke solutions and promote differentiation within the low-speed vehicle market, thereby attracting a wider audience. These innovative features, combined with the essential characteristics of a low-speed vehicle, make them attractive options for various applications, further driving industry growth. Golf carts equipped with integrated sensors that enhance user experiences by enabling equipment tracking are becoming popular, signifying a continuous evolution in customer expectations and technological adoption.
Segmental Insights
Propulsion Type Insights
Electric vehicles (EVs) are rapidly emerging as the fastest growing segment in the low-speed vehicle market due to increasing environmental awareness, favorable policies, and advances in battery technology. Consumers and companies are drawn to EVs for their eco-friendly attributes, as they produce no direct emissions, helping to reduce urban pollution. This aligns well with the global push for sustainable urban transportation solutions, particularly as cities prioritize reducing their carbon footprints. Consequently, both governmental and municipal authorities have introduced policies and incentives to support the adoption of electric LSVs, especially for short-distance commutes in urban settings, campuses, and resorts.
Technological advancements in battery and charging infrastructure have also boosted the adoption of electric LSVs. Improved battery efficiency has extended EV range and lowered costs, making them increasingly affordable. As a result, manufacturers have been able to offer LSVs that meet the needs of diverse sectors, including tourism, recreation, and utility applications, often replacing traditional gas-powered options. Lithium-ion batteries, which are lighter and more efficient than traditional options, further enhance LSV performance, extending both range and battery lifespan.
The convenience and cost-effectiveness of electric LSVs for short trips make them attractive to a wide range of consumers. In many cases, these vehicles are easier to maintain and operate than gasoline-powered models, with lower fuel costs and fewer moving parts. These factors, combined with increased consumer demand for clean energy solutions, have positioned electric LSVs as the preferred choice for various settings, from residential areas to industrial sites, and continue to drive the segment's rapid growth within the LSV market.
Regional Insights
North America dominated the low-speed vehicle market primarily due to a combination of favorable regulatory frameworks, a robust consumer base, and advancements in technology. One key factor is the strong emphasis on sustainability and eco-friendliness within the region, which aligns well with the growing adoption of LSVs, particularly electric models. Many municipalities across North America have enacted regulations promoting the use of LSVs to reduce urban congestion and lower emissions, creating a conducive environment for growth in this market segment.
The presence of established manufacturers and a diverse range of offerings significantly contribute to North America's dominance. Companies like E-Z-GO, Polaris, and GEM (Global Electric Motorcars) have a strong foothold in the region, providing a wide variety of models for personal and commercial use. This competition fosters innovation and keeps prices competitive, encouraging more consumers to consider LSVs for personal transport, recreational use, and even short-distance commuting.
The growing popularity of sustainable transportation solutions is reflected in the increasing adoption of electric LSVs, especially in residential areas, golf courses, and commercial developments. The development of charging infrastructure and advancements in battery technology enhance the practicality of electric LSVs, making them a preferred choice for many users.
The cultural acceptance of LSVs in North America, particularly in suburban and resort communities, drives demand. Consumers are increasingly recognizing the benefits of using LSVs for short trips, further solidifying their place in the transportation ecosystem. Collectively, these factors ensure that North America remains at the forefront of the LSV market, outpacing other regions in terms of sales and adoption rates.
Key Market Players
Textron, Inc
Polaris Inc
Club Car, LLC
Yamaha Motor Corporation, U.S.A.
Columbia Vehicle Group, Inc
Suzhou Eagle Electric Vehicle Manufacturing Co., Ltd
ACG, Inc.
STAR EV Corporation
Alke s.r.l.
GEM WAEV, LLC
Report Scope:
In this report, the Global Low Speed Vehicle Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:
Low Speed Vehicle Market, By Propulsion Type:
Electric Vehicle
ICE
Low Speed Vehicle Market, By Vehicle Type:
Sports Field Utility Vehicle
Commercial Utility Vehicle
Personal Carrier
Low Speed Vehicle Market, By Application:
Sports Field
Industrial Facilities
Airports
Hotels & Resort
Low Speed Vehicle Market, By Region:
North America
United States
Canada
Mexico
Europe & CIS
France
Germany
Spain
Italy
United Kingdom
Asia-Pacific
China
Japan
India
Vietnam
South Korea
Australia
Thailand
Middle East & Africa
South Africa
Saudi Arabia
UAE
Turkey
Egypt
South America
Brazil
Argentina
Competitive Landscape
Company Profiles: Detailed analysis of the major companies presents in the Global Low Speed Vehicle Market.
Available Customizations:
Global Low Speed Vehicle Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:
Company Information
Detailed analysis and profiling of additional market players (up to five).
Table of Contents
1. Introduction
1.1. Product Overview
1.2. Key Highlights of the Report
1.3. Market Coverage
1.4. Market Segments Covered
1.5. Research Tenure Considered
2. Research Methodology
2.1. Objective of the Study
2.2. Baseline Methodology
2.3. Key Industry Partners
2.4. Major Association and Secondary Sources
2.5. Forecasting Methodology
2.6. Data Triangulation & Validation
2.7. Assumptions and Limitations
3. Executive Summary
3.1. Market Overview
3.2. Market Forecast
3.3. Key Regions
3.4. Key Segments
4. Voice of Customer
4.1. Factors Influencing Purchase Decision
4.2. Sources of Information
5. Global Low Speed Vehicle Market Outlook
5.1. Market Size & Forecast
5.1.1. By Value
5.2. Market Share & Forecast
5.2.1. By Propulsion Type Market Share Analysis (Electric Vehicle and ICE)
5.2.2. By Vehicle Type Market Share Analysis (Sports Field Utility Vehicle, Commercial Utility vehicle and Personal Carrier)
5.2.3. By Application Market Share Analysis (Sports Field, Industrial Facilities, Airports, and Hotels & Resort)
5.2.4. By Regional Market Share Analysis
5.2.4.1. North America Market Share Analysis
5.2.4.2. Europe Market Share Analysis
5.2.4.3. Asia-Pacific Market Share Analysis
5.2.4.4. Middle East & Africa Market Share Analysis
5.2.4.5. South America Market Share Analysis
5.2.5. By Top 5 Companies Market Share Analysis, Others (2023)
5.3. Global Low Speed Vehicle Market Mapping & Opportunity Assessment
5.3.1. By Propulsion Type Market Mapping & Opportunity Assessment
5.3.2. By Vehicle Type Market Mapping & Opportunity Assessment
5.3.3. By Application Market Mapping & Opportunity Assessment
6. North America Low Speed Vehicle Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value
6.2. Market Share & Forecast
6.2.1. By Propulsion Type Market Share Analysis
6.2.2. By Vehicle Type Market Share Analysis
6.2.3. By Application Market Share Analysis
6.2.4. By Country Market Share Analysis
6.2.4.1. United States Low Speed Vehicle Market Outlook
6.2.4.1.1. Market Size & Forecast
6.2.4.1.1.1. By Value
6.2.4.1.2. Market Share & Forecast
6.2.4.1.2.1. By Propulsion Type Market Share Analysis
6.2.4.1.2.2. By Vehicle Type Market Share Analysis
6.2.4.1.2.3. By Application Market Share Analysis
6.2.4.2. Canada Low Speed Vehicle Market Outlook
6.2.4.2.1. Market Size & Forecast
6.2.4.2.1.1. By Value
6.2.4.2.2. Market Share & Forecast
6.2.4.2.2.1. By Propulsion Type Market Share Analysis
6.2.4.2.2.2. By Vehicle Type Market Share Analysis
6.2.4.2.2.3. By Application Market Share Analysis
6.2.4.3. Mexico Low Speed Vehicle Market Outlook
6.2.4.3.1. Market Size & Forecast
6.2.4.3.1.1. By Value
6.2.4.3.2. Market Share & Forecast
6.2.4.3.2.1. By Propulsion Type Market Share Analysis
6.2.4.3.2.2. By Vehicle Type Market Share Analysis
6.2.4.3.2.3. By Application Market Share Analysis
7. Europe Low Speed Vehicle Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value
7.2. Market Share & Forecast
7.2.1. By Propulsion Type Market Share Analysis
7.2.2. By Vehicle Type Market Share Analysis
7.2.3. By Application Market Share Analysis
7.2.4. By Country Market Share Analysis
7.2.4.1. Germany Low Speed Vehicle Market Outlook
7.2.4.1.1. Market Size & Forecast
7.2.4.1.1.1. By Value
7.2.4.1.2. Market Share & Forecast
7.2.4.1.2.1. By Propulsion Type Market Share Analysis
7.2.4.1.2.2. By Vehicle Type Market Share Analysis
7.2.4.1.2.3. By Application Market Share Analysis
7.2.4.2. France Low Speed Vehicle Market Outlook
7.2.4.2.1. Market Size & Forecast
7.2.4.2.1.1. By Value
7.2.4.2.2. Market Share & Forecast
7.2.4.2.2.1. By Propulsion Type Market Share Analysis
7.2.4.2.2.2. By Vehicle Type Market Share Analysis
7.2.4.2.2.3. By Application Market Share Analysis
7.2.4.3. Spain Low Speed Vehicle Market Outlook
7.2.4.3.1. Market Size & Forecast
7.2.4.3.1.1. By Value
7.2.4.3.2. Market Share & Forecast
7.2.4.3.2.1. By Propulsion Type Market Share Analysis
7.2.4.3.2.2. By Vehicle Type Market Share Analysis
7.2.4.3.2.3. By Application Market Share Analysis
7.2.4.4. Italy Low Speed Vehicle Market Outlook
7.2.4.4.1. Market Size & Forecast
7.2.4.4.1.1. By Value
7.2.4.4.2. Market Share & Forecast
7.2.4.4.2.1. By Propulsion Type Market Share Analysis
7.2.4.4.2.2. By Vehicle Type Market Share Analysis
7.2.4.4.2.3. By Application Market Share Analysis
7.2.4.5. United Kingdom Low Speed Vehicle Market Outlook
7.2.4.5.1. Market Size & Forecast
7.2.4.5.1.1. By Value
7.2.4.5.2. Market Share & Forecast
7.2.4.5.2.1. By Propulsion Type Market Share Analysis
7.2.4.5.2.2. By Vehicle Type Market Share Analysis
7.2.4.5.2.3. By Application Market Share Analysis
8. Asia-Pacific Low Speed Vehicle Market Outlook
8.1. Market Size & Forecast
8.1.1. By Value
8.2. Market Share & Forecast
8.2.1. By Propulsion Type Market Share Analysis
8.2.2. By Vehicle Type Market Share Analysis
8.2.3. By Application Market Share Analysis
8.2.4. By Country Market Share Analysis
8.2.4.1. China Low Speed Vehicle Market Outlook
8.2.4.1.1. Market Size & Forecast
8.2.4.1.1.1. By Value
8.2.4.1.2. Market Share & Forecast
8.2.4.1.2.1. By Propulsion Type Market Share Analysis
8.2.4.1.2.2. By Vehicle Type Market Share Analysis
8.2.4.1.2.3. By Application Market Share Analysis
8.2.4.2. Japan Low Speed Vehicle Market Outlook
8.2.4.2.1. Market Size & Forecast
8.2.4.2.1.1. By Value
8.2.4.2.2. Market Share & Forecast
8.2.4.2.2.1. By Propulsion Type Market Share Analysis
8.2.4.2.2.2. By Vehicle Type Market Share Analysis
8.2.4.2.2.3. By Application Market Share Analysis
8.2.4.3. India Low Speed Vehicle Market Outlook
8.2.4.3.1. Market Size & Forecast
8.2.4.3.1.1. By Value
8.2.4.3.2. Market Share & Forecast
8.2.4.3.2.1. By Propulsion Type Market Share Analysis
8.2.4.3.2.2. By Vehicle Type Market Share Analysis
8.2.4.3.2.3. By Application Market Share Analysis
8.2.4.4. Thailand Low Speed Vehicle Market Outlook
8.2.4.4.1. Market Size & Forecast
8.2.4.4.1.1. By Value
8.2.4.4.2. Market Share & Forecast
8.2.4.4.2.1. By Propulsion Type Market Share Analysis
8.2.4.4.2.2. By Vehicle Type Market Share Analysis
8.2.4.4.2.3. By Application Market Share Analysis
8.2.4.5. South Korea Low Speed Vehicle Market Outlook
8.2.4.5.1. Market Size & Forecast
8.2.4.5.1.1. By Value
8.2.4.5.2. Market Share & Forecast
8.2.4.5.2.1. By Propulsion Type Market Share Analysis
8.2.4.5.2.2. By Vehicle Type Market Share Analysis
8.2.4.5.2.3. By Application Market Share Analysis
8.2.4.6. Vietnam Low Speed Vehicle Market Outlook
8.2.4.6.1. Market Size & Forecast
8.2.4.6.1.1. By Value
8.2.4.6.2. Market Share & Forecast
8.2.4.6.2.1. By Propulsion Type Market Share Analysis
8.2.4.6.2.2. By Vehicle Type Market Share Analysis
8.2.4.6.2.3. By Application Market Share Analysis
8.2.4.7. Australia Low Speed Vehicle Market Outlook
8.2.4.7.1. Market Size & Forecast
8.2.4.7.1.1. By Value
8.2.4.7.2. Market Share & Forecast
8.2.4.7.2.1. By Propulsion Type Market Share Analysis
8.2.4.7.2.2. By Vehicle Type Market Share Analysis
8.2.4.7.2.3. By Application Market Share Analysis
9. Middle East & Africa Low Speed Vehicle Market Outlook
9.1. Market Size & Forecast
9.1.1. By Value
9.2. Market Share & Forecast
9.2.1. By Propulsion Type Market Share Analysis
9.2.2. By Vehicle Type Market Share Analysis
9.2.3. By Application Market Share Analysis
9.2.4. By Country Market Share Analysis
9.2.4.1. South Africa Low Speed Vehicle Market Outlook
9.2.4.1.1. Market Size & Forecast
9.2.4.1.1.1. By Value
9.2.4.1.2. Market Share & Forecast
9.2.4.1.2.1. By Propulsion Type Market Share Analysis
9.2.4.1.2.2. By Vehicle Type Market Share Analysis
9.2.4.1.2.3. By Application Market Share Analysis
9.2.4.2. Saudi Arabia Low Speed Vehicle Market Outlook
9.2.4.2.1. Market Size & Forecast
9.2.4.2.1.1. By Value
9.2.4.2.2. Market Share & Forecast
9.2.4.2.2.1. By Propulsion Type Market Share Analysis
9.2.4.2.2.2. By Vehicle Type Market Share Analysis
9.2.4.2.2.3. By Application Market Share Analysis
9.2.4.3. UAE Low Speed Vehicle Market Outlook
9.2.4.3.1. Market Size & Forecast
9.2.4.3.1.1. By Value
9.2.4.3.2. Market Share & Forecast
9.2.4.3.2.1. By Propulsion Type Market Share Analysis
9.2.4.3.2.2. By Vehicle Type Market Share Analysis
9.2.4.3.2.3. By Application Market Share Analysis
9.2.4.4. Turkey Low Speed Vehicle Market Outlook
9.2.4.4.1. Market Size & Forecast
9.2.4.4.1.1. By Value
9.2.4.4.2. Market Share & Forecast
9.2.4.4.2.1. By Propulsion Type Market Share Analysis
9.2.4.4.2.2. By Vehicle Type Market Share Analysis
9.2.4.4.2.3. By Application Market Share Analysis
9.2.4.5. Egypt Low Speed Vehicle Market Outlook
9.2.4.5.1. Market Size & Forecast
9.2.4.5.1.1. By Value
9.2.4.5.2. Market Share & Forecast
9.2.4.5.2.1. By Propulsion Type Market Share Analysis
9.2.4.5.2.2. By Vehicle Type Market Share Analysis
9.2.4.5.2.3. By Application Market Share Analysis
10. South America Low Speed Vehicle Market Outlook
10.1. Market Size & Forecast
10.1.1. By Value
10.2. Market Share & Forecast
10.2.1. By Propulsion Type Market Share Analysis
10.2.2. By Vehicle Type Market Share Analysis
10.2.3. By Application Market Share Analysis
10.2.4. By Country Market Share Analysis
10.2.4.1. Brazil Low Speed Vehicle Market Outlook
10.2.4.1.1. Market Size & Forecast
10.2.4.1.1.1. By Value
10.2.4.1.2. Market Share & Forecast
10.2.4.1.2.1. By Propulsion Type Market Share Analysis
10.2.4.1.2.2. By Vehicle Type Market Share Analysis
10.2.4.1.2.3. By Application Market Share Analysis
10.2.4.2. Argentina Low Speed Vehicle Market Outlook
10.2.4.2.1. Market Size & Forecast
10.2.4.2.1.1. By Value
10.2.4.2.2. Market Share & Forecast
10.2.4.2.2.1. By Propulsion Type Market Share Analysis
10.2.4.2.2.2. By Vehicle Type Market Share Analysis
10.2.4.2.2.3. By Application Market Share Analysis
11. Market Dynamics
11.1. Drivers
11.2. Challenges
12. Impact of COVID-19 on Global Low Speed Vehicle Market
