Global Low Speed Vehicle Market 2017-2022 - Key Players are Polaris, Deere, Kubota, Club Car/Ingersoll Rand, Textron, Yamaha, Kawasaki, Ontario, American SportWorks, and Bad Boy/Intimidator
DUBLIN, December 4, 2017 /PRNewswire/ --
The "Low Speed Vehicle Market - Forecast to 2022" report has been added to Research and Markets' offering.
The low speed vehicle market in North America is projected to grow at a CAGR of 3.06%, reaching USD 4.15 Billion by 2022 from USD 3.57 Billion in 2017
The rising trend of using low speed vehicles in gated communities, resorts, industrial, & college campuses is projected to fuel the demand for these vehicles. Also, possible advancements in ride-hailing and integrated mobility solutions, the market for low speed vehicles is projected to showcase a steady growth rate over the forecast period.
The study segments the low speed vehicle market by vehicle type (Commercial Turf Utility Vehicles, Golf Carts, Industrial Utility Vehicles, and Personnel Carriers). In terms of volume, golf carts are the largest segment in the low speed vehicle market, whereas, personnel carriers are estimated to have the fastest growing market. The growth in the golf carts is owing to the increase in golf communities and golf activities, whereas the personnel carriers are expected to grow with the increase in gated communities, resorts, and its uses in such locations.
The study also segments the market in terms of Manufacturer. The key manufacturer targeted under this segment are Polaris, Deere, Kubota, Club Car/Ingersoll Rand, Textron, Yamaha, Kawasaki, Ontario, American SportWorks, and Bad Boy/Intimidator. Club Car, Textron, Yamaha, and Kubota are identified to contribute to more than 75% of the North American low speed vehicle market share, owing to their wide product portfolio in terms of vehicle type, fuel type, and strong presence in the North American market. During the forecast period Club car is estimated to have the largest and fastest market.
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
4.1 Attractive Opportunities in North America for Electric Low Speed Vehicles
4.2 Low Speed Vehicles Market for North America, By Manufacturer
4.3 Low Speed Vehicles Market for North America, By Power Output
4.4 Low Speed Vehicles Market for North America, By Propulsion
4.5 Low Speed Vehicles Market for North America, By Vehicle Type
4.6 Low Speed Vehicles Market for North America, By Country
5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Aging Population to Drive the Demand for LSVs
5.2.1.2 Stringent Emission Regulations in the US Might Boost the Demand for Low Speed Electric Vehicles
5.2.2 Restraints
5.2.2.1 LSV Segment is Equipped With Minimal Safety Standards/Equipment
5.2.3 Opportunities
5.2.3.1 Future of Mobility
5.2.3.1.1 Ride Hailing Services (Electric Mobility)
5.2.3.1.2 Integrated Mobility Solution
5.2.4 Challenges
5.2.4.1 Developing Fail-Safe Electronic and Electrical Components
5.2.4.2 Cost Reduction & Improved Energy Density of Ev Batteries
5.3 Macro Indicator Analysis
5.3.1 Introduction
5.3.1.1 Full Electric Vehicle Sales as A Percentage of Total Electric Vehicle Sales
5.3.1.2 GDP (USD Billion)
5.3.1.3 GNP Per Capita, Atlas Method (USD)
5.3.1.4 GDP Per Capita PPP (USD)
5.3.2 Macro Indicators Influencing the Low Speed Vehicles Market for Us
5.3.2.1 Us
5.4 Supply Chain Analysis
5.5 Low Speed Vehicles: US State-Wise Regulations on Permitted Usage & Speed Limit
6 Low Speed Vehicles Market for North America, By Manufacturer
6.1 Introduction
6.2 Polaris
6.3 Deere
6.4 Kubota
6.5 Club Car/Ingersoll Rand
6.6 Textron
6.7 Yamaha
6.8 Kawasaki
6.9 Ontario
6.10 American Sportworks
6.11 Bad Boy/Intimidator
6.12 Others
7 Low Speed Vehicles Market for North America, By Power Output
7.1 Introduction
7.2 7.3 8 kW-15 kW
7.4 >15 kW
8 Low Speed Vehicles Market for North America, By Propulsion
8.1 Introduction
8.2 Diesel
8.3 Electric
8.4 Gasoline
9 Low Speed Vehicles Market for North America, By LSV Type
9.1 Introduction
9.2 Commercial Turf Utility Vehicles
9.3 Golf Carts
9.4 Industrial Utility Vehicles
9.5 Personnel Carriers
10 Competitive Landscape
10.1 Overview
10.2 Market Share Analysis: Low Speed Vehicle Market, 2016
10.3 Recent Developments
11 Company Profiles
11.1 Polaris
11.2 Textron
11.3 Deere
11.4 Toro
11.5 Kubota
11.6 Yamaha
11.7 Club Car
11.8 Taylor Dunn
11.9 Columbia Parcar
11.10 American Landmaster
For more information about this report visit https://www.researchandmarkets.com/research/2chqph/low_speed_vehicle
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