iCrowd Newswire
24 Nov 2021, 00:33 GMT+10
Opportunities in the low speed electric vehicle market have evolved through a number of stages i.e. from appearance of battery electric cars to adaption of 3D printing technology. Lucintel has found the future of this market to be promising; the low speed electric vehicle market is expected to reach $8.92 billion by 2025 with a CAGR of 1.3%. In this market, a 48 Volt is the largest segment by voltage, whereas golf cart is largest by product type. Players can benefit from the available opportunities like government initiatives to reduce carbon emission and increasing traffic congestion.
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Polaris Industries Inc., LIGIER Group, Renault Group, Yogomo Motors Co. Ltd., Textron Inc., Shifeng Group Co. and others are some of the companies profiled in this report.
Some of the features of this report:
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This exclusive report from Lucintel will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link [email protected]
About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
Brandon Fitzgerald Lucintel Dallas, Texas, USA Email: [email protected] Tel. 972.636.5056 Cell: 303.775.0751
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Tags: low speed electric vehicle market size, Low-speed Electric Vehicle Industry, Low-speed Electric Vehicle Market, covid 19 impact on Low Speed Electric Vehicle market
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