Low Speed Vehicle Market Research Report Information by Power output (<8 kW, 8-15 kW, >15 KW), Propulsion (Diesel, Electric, Gasoline), Application (Industrial Utility Vehicle, Golf Cart, Personnel Carrier, Public Transport Vehicle), and By Region (North America, Europe, Asia-Pacific, Middle East & Africa, and South America) -Market Forecast Till 2030
Market Report I 2024-06-05 I 106 Pages I Market Research Future
Low Speed Vehicle Market Research Report Information by Power output (<8 kW, 8-15 kW, >15 KW), Propulsion (Diesel, Electric, Gasoline), Application (Industrial Utility Vehicle, Golf Cart, Personnel Carrier, Public Transport Vehicle), and By Region (North America, Europe, Asia-Pacific, Middle East & Africa, and South America) -Market Forecast Till 2030
Market Synopsis
In 2022, the low-speed vehicle market was estimated to be worth USD 9444.51 million. Over the course of the forecast period, the industry known as the Global Low Speed Vehicle Market is expected to increase at a compound annual growth rate (CAGR) of 4.82%. Low speed vehicles are compact, four-wheeled electric or gasoline cars that are manufactured by approved manufacturers in accordance with certain federal vehicle rules. Electric vehicles used in neighborhoods, golf carts, and industrial settings are examples of low-speed vehicles that are effective for short-distance transportation. Low speed cars are currently offered in both electric and conventional fuel types.
Low speed EVs can improve the transportation industry by offering more affordable, accessible, safe, and adaptable solutions. In addition, there is a trend toward cities, areas, and car-free zones. Electric vehicles that run at low speeds can transfer both people and products, which is advantageous. Electric autonomous low-speed cars can be used by industries in conjunction with low-speed vehicles' safety and adaptability. Since autonomous driving technology has made electric low-speed vehicles the safest mode of transportation for a variety of businesses, LSVs are safer than other types of cars. For example, there is a great chance that self-driving golf cars will provide safe transit in busy pedestrian areas and car-free zones. Compared to human-driven automobiles, the autonomous system-controlled vehicle can function with a lower error rate.
Insights on Market Segments
The Low Speed Vehicle Market is segmented into three categories based on power output: <8 kW, 8-15 kW, and >15 kW.
The Low Speed Vehicle Market is segmented based on Propulsion and comprises Diesel, Electric, and Gasoline.
The Low Speed Vehicle Market is segmented based on Application and consists of Golf Carts, Personnel Carrier, Public Transport Vehicles, and Industrial Utility Vehicles.
Regional Perspectives
North America accounted for the highest portion of the Low Speed Vehicle Market in terms of revenue in 2022. A low-speed vehicle (LSV) is a class of motor vehicle in North America that is intended to travel at a maximum speed of 25 miles per hour (40 kilometers per hour). LSVs are usually powered by electricity and have safety features including seat belts, headlights, and turn signals. Short-distance travel, such as commuting within residential neighborhoods, business buildings, and university campuses, is their principal application. Retirees who like taking leisurely drives around their retirement communities are also big fans of LSVs. LSVs in North America are subject to a number of rules and guidelines that control their operation and design in order to guarantee compliance with all applicable legislation.
In terms of Low Speed Vehicles, Europe is the second largest market. Neighborhood electric vehicles, sometimes referred to as low speed vehicles, are designed for short-distance city transportation and typically have a top speed of 45 km/h. Typically powered by electricity, these cars emit fewer pollution than conventional gasoline-powered automobiles. Many European countries have implemented incentives and restrictions to encourage the adoption of low-speed vehicles. People may be encouraged to use more environmentally friendly modes of transportation, including low-speed automobiles, if communities establish low-emission zones that restrict the use of high-emission vehicles in specific locations. Low speed vehicles are being actively developed and introduced to the market by a number of European manufacturers.
Principal Players
Polaris Industries Inc., Textron Inc., The Toro Company, Yamaha Golf-Cars, Deere & Company, Kubota Corporation, Columbia Vehicle Group Inc., Club Car, Llc, Hdk Electric Vehicles, American Landmaster, and Others are significant players in the low-speed vehicle market.
TABLE OF CONTENTS
1 EXECUTIVE SUMMARY 15
1.1.1 GLOBAL LOW SPEED VEHICLE MARKET, BY POWER OUTPUT 17
1.1.2 GLOBAL LOW SPEED VEHICLE MARKET, BY PROPULSION 18
1.1.3 GLOBAL LOW SPEED VEHICLE MARKET, BY APPLICATION 19
1.1.4 GLOBAL LOW SPEED VEHICLE MARKET, BY REGION 20
2 MARKET INTRODUCTION 21
2.1 DEFINITION 21
2.2 SCOPE OF THE STUDY 21
2.3 RESEARCH OBJECTIVE 21
2.4 MARKET STRUCTURE 22
3 RESEARCH METHODOLOGY 23
3.1 RESEARCH PROCESS 23
3.2 PRIMARY RESEARCH 24
3.3 SECONDARY RESEARCH 25
3.4 MARKET SIZE ESTIMATION 26
3.5 FORECAST MODEL 27
3.6 LIST OF ASSUMPTIONS 28
4 MARKET DYNAMICS 29
4.1 INTRODUCTION 29
4.2 DRIVERS 30
4.2.1 STRICT GOVERNMENT REGULATIONS FOR EMISSIONS 30
4.2.2 GROWTH IN GREEN VEHICLES 30
4.2.3 INCREASED ADOPTION OF LSV IN BOTH THE PUBLIC AND PRIVATE SECTORS FOR TRANSPORTATION 30
4.2.4 DRIVERS IMPACT ANALYSIS 31
4.3 RESTRAINTS 31
4.3.1 HIGH COST OF PRODUCTION 31
4.3.2 LONG RUNNING TIME OF LSVS 31
4.3.3 RESTRAINT IMPACT ANALYSIS 32
4.4 OPPORTUNITIES 32
4.4.1 INTEGRATION OF AUTONOMOUS TECHNOLOGY 32
4.5 COVID 19 IMPACT ANALYSIS 32
4.5.1 IMPACT ON OVERALL AUTOMOTIVE INDUSTRY 32
4.5.2 IMPACT ON GLOBAL LOW SPEED VEHICLE MARKET 33
4.5.2.1 IMPACT ON SUPPLY CHAIN 33
4.5.2.2 PRICE VARIATION OF KEY RAW MATERIAL 33
4.5.2.3 CASH FLOW CONSTRAINTS 33
4.5.2.4 IMPACT ON IMPORT/EXPORT 33
4.5.3 IMPACT ON PRICING 33
5 MARKET FACTOR ANALYSIS 34
5.1 SUPPLY CHAIN ANALYSIS: GLOBAL LOW SPEED VEHICLE MARKET 34
5.1.1 DESIGN AND DEVELOPMENT 34
5.1.2 RAW MATERIAL SUPPLY 35
5.1.3 AUTOMOTIVE COMPONENT/PART SUPPLY 35
5.1.4 DISTRIBUTION 35
5.1.5 END USER 35
5.2 PORTER'S FIVE FORCES MODEL 36
5.2.1 THE THREAT OF NEW ENTRANTS 36
5.2.2 BARGAINING POWER OF SUPPLIERS 37
5.2.3 THREAT OF SUBSTITUTES 37
5.2.4 BARGAINING POWER OF BUYERS 37
5.2.5 INTENSITY OF RIVALRY 37
6 GLOBAL LOW SPEED VEHICLE MARKET, BY POWER OUTPUT 38
6.1 OVERVIEW 38
6.2 <8 KW 39
6.3 8-15 KW 39
6.4 >15 KW 40
7 GLOBAL LOW SPEED VEHICLE MARKET, BY PROPULSION 41
7.1 OVERVIEW 41
7.2 DIESEL 42
7.3 ELECTRIC 42
7.4 GASOLINE 42
8 GLOBAL LOW SPEED VEHICLE MARKET, BY APPLICATION 43
8.1 OVERVIEW 43
8.2 INDUSTRIAL UTILITY VEHICLE 44
8.3 GOLF CART 44
8.4 PERSONNEL CARRIER 45
8.5 PUBLIC TRANSPORT VEHICLE 45
9 GLOBAL LOW SPEED VEHICLE MARKET, BY REGION 46
9.1 OVERVIEW 46
9.2 NORTH AMERICA 48
9.2.1 US 50
9.2.2 CANADA 51
9.2.3 MEXICO 52
9.3 EUROPE 53
9.3.1 GERMANY 55
9.3.2 U.K. 56
9.3.3 FRANCE 57
9.3.4 SPAIN 58
9.3.5 REST OF EUROPE 59
9.4 ASIA-PACIFIC 60
9.4.1 CHINA 62
9.4.2 JAPAN 63
9.4.3 INDIA 64
9.4.4 AUSTRALIA 65
9.4.5 REST OFASIA PACIFIC 66
9.5 REST OF THE WORLD 67
9.5.1 SOUTH AMERICA 69
9.5.2 MIDDLE EAST & AFRICA 70
10 COMPETITIVE LANDSCAPE 71
10.1 INTRODUCTION 71
10.2 COMPETITIVE BENCHMARKING 72
10.3 MARKET SHARE ANALYSIS, 2021 73
10.4 KEY DEVELOPMENT IN THE GLOBAL LOW SPEED VEHICLE MARKET 73
10.4.1 PRODUCT LAUNCH/DEVELOPMENT 73
10.4.2 PARTNERSHIP 74
10.4.3 COLLABORATION 74
11 COMPANY PROFILES 75
11.1 POLARIS INDUSTRIES INC. 75
11.1.1 COMPANY OVERVIEW 75
11.1.2 FINANCIAL OVERVIEW 76
11.1.3 PRODUCTS OFFERED 76
11.1.4 KEY DEVELOPMENTS 77
11.1.5 SWOT ANALYSIS 77
11.1.6 KEY STRATEGIES 78
11.2 TEXTRON INC. 79
11.2.1 COMPANY OVERVIEW 79
11.2.2 FINANCIAL OVERVIEW 80
11.2.3 PRODUCTS OFFERED 81
11.2.4 KEY DEVELOPMENTS 82
11.2.5 SWOT ANALYSIS 82
11.2.6 KEY STRATEGIES 82
11.3 THE TORO COMPANY 83
11.3.1 COMPANY OVERVIEW 83
11.3.2 FINANCIAL OVERVIEW 84
11.3.3 PRODUCTS OFFERED 84
11.3.4 KEY DEVELOPMENTS 85
11.3.5 SWOT ANALYSIS 85
11.3.6 KEY STRATEGIES 85
11.4 YAMAHA GOLF-CARS 86
11.4.1 COMPANY OVERVIEW 86
11.4.2 FINANCIAL OVERVIEW 86
11.4.3 PRODUCTS OFFERED 87
11.4.4 KEY DEVELOPMENTS 87
11.4.5 SWOT ANALYSIS 88
11.4.6 KEY STRATEGIES 88
11.5 DEERE & COMPANY 89
11.5.1 COMPANY OVERVIEW 89
11.5.2 FINANCIAL OVERVIEW 89
11.5.3 PRODUCTS OFFERED 90
11.5.4 KEY DEVELOPMENTS 90
11.5.5 SWOT ANALYSIS 90
11.5.6 KEY STRATEGIES 90
11.6 KUBOTA CORPORATION 91
11.6.1 COMPANY OVERVIEW 91
11.6.2 FINANCIAL OVERVIEW 92
11.6.3 PRODUCTS OFFERED 92
11.6.4 KEY DEVELOPMENTS 93
11.6.5 SWOT ANALYSIS 93
11.6.6 KEY STRATEGIES 93
11.7 COLUMBIA VEHICLE GROUP INC. 94
11.7.1 COMPANY OVERVIEW 94
11.7.2 FINANCIAL OVERVIEW 94
11.7.3 PRODUCTS OFFERED 94
11.7.4 KEY DEVELOPMENTS 95
11.7.5 SWOT ANALYSIS 95
11.7.6 KEY STRATEGIES 95
11.8 CLUB CAR, LLC 96
11.8.1 COMPANY OVERVIEW 96
11.8.2 FINANCIAL OVERVIEW 96
11.8.3 PRODUCTS OFFERED 97
11.8.4 KEY DEVELOPMENTS 98
11.8.5 SWOT ANALYSIS 99
11.8.6 KEY STRATEGIES 99
11.9 HDK ELECTRIC VEHICLES 100
11.9.1 COMPANY OVERVIEW 100
11.9.2 FINANCIAL OVERVIEW 100
11.9.3 PRODUCTS OFFERED 100
11.9.4 KEY DEVELOPMENTS 101
11.9.5 SWOT ANALYSIS 102
11.9.6 KEY STRATEGIES 102
11.10 AMERICAN LANDMASTER 103
11.10.1 COMPANY OVERVIEW 103
11.10.2 FINANCIAL OVERVIEW 103
11.10.3 PRODUCTS OFFERED 103
11.10.4 KEY DEVELOPMENTS 104
11.10.5 SWOT ANALYSIS 104
11.10.6 KEY STRATEGIES 105
LIST OF TABLES
TABLE 1 LIST OF ASSUMPTIONS 28
TABLE 2 GLOBAL LOW SPEED VEHICLE MARKET ESTIMATES & FORECAST, BY POWER OUTPUT, 2018-2030 (USD MILLION) 39
TABLE 3 GLOBAL LOW SPEED VEHICLES MARKET ESTIMATES & FORECAST, BY PROPULSION, 2018-2030 (USD MILLION) 42
TABLE 4 GLOBAL LOW SPEED VEHICLE MARKET ESTIMATES & FORECAST, BY APPLICATION, 2018-2030 (USD MILLION) 44
TABLE 5 GLOBAL LOW SPEED VEHICLE MARKET SIZE, BY REGION, 2018-2030 (USD MILLION) 47
TABLE 6 NORTH AMERICA: LOW SPEED VEHICLE MARKET SIZE, BY COUNTRY, 2018-2030 (USD MILLION) 48
TABLE 7 NORTH AMERICA LOW SPEED VEHICLE MARKET ESTIMATES & FORECAST, BY POWER OUTPUT, 2018-2030 (USD MILLION) 49
TABLE 8 NORTH AMERICA LOW SPEED VEHICLE MARKET ESTIMATES & FORECAST, BY PROPULSION, 2018-2030 (USD MILLION) 49
TABLE 9 NORTH AMERICA LOW SPEED VEHICLE MARKET ESTIMATES & FORECAST, BY APPLICATION, 2018-2030 (USD MILLION) 49
TABLE 10 US LOW SPEED VEHICLE MARKET ESTIMATES & FORECAST, BY POWER OUTPUT, 2018-2030 (USD MILLION) 50
TABLE 11 US LOW SPEED VEHICLE MARKET ESTIMATES & FORECAST, BY PROPULSION, 2018-2030 (USD MILLION) 50
TABLE 12 US LOW SPEED VEHICLE MARKET ESTIMATES & FORECAST, BY APPLICATION, 2018-2030 (USD MILLION) 50
TABLE 13 CANADA LOW SPEED VEHICLE MARKET ESTIMATES & FORECAST, BY POWER OUTPUT, 2018-2030 (USD MILLION) 51
TABLE 14 CANADA LOW SPEED VEHICLE MARKET ESTIMATES & FORECAST, BY PROPULSION, 2018-2030 (USD MILLION) 51
TABLE 15 CANADA LOW SPEED VEHICLE MARKET ESTIMATES & FORECAST, BY APPLICATION, 2018-2030 (USD MILLION) 51
TABLE 16 MEXICO LOW SPEED VEHICLE MARKET ESTIMATES & FORECAST, BY POWER OUTPUT, 2018-2030 (USD MILLION) 52
TABLE 17 MEXICO LOW SPEED VEHICLE MARKET ESTIMATES & FORECAST, BY PROPULSION, 2018-2030 (USD MILLION) 52
TABLE 18 MEXICO LOW SPEED VEHICLE MARKET ESTIMATES & FORECAST, BY APPLICATION, 2018-2030 (USD MILLION) 52
TABLE 19 EUROPE: LOW SPEED VEHICLE MARKET SIZE, BY COUNTRY, 2018-2030 (USD MILLION) 53
TABLE 20 EUROPE LOW SPEED VEHICLE MARKET ESTIMATES & FORECAST, BY POWER OUTPUT, 2018-2030 (USD MILLION) 54
TABLE 21 EUROPE LOW SPEED VEHICLE MARKET ESTIMATES & FORECAST, BY PROPULSION, 2018-2030 (USD MILLION) 54
TABLE 22 EUROPE LOW SPEED VEHICLE MARKET ESTIMATES & FORECAST, BY APPLICATION, 2018-2030 (USD MILLION) 54
TABLE 23 GERMANY LOW SPEED VEHICLE MARKET ESTIMATES & FORECAST, BY POWER OUTPUT, 2018-2030 (USD MILLION) 55
TABLE 24 GERMANY LOW SPEED VEHICLE MARKET ESTIMATES & FORECAST, BY PROPULSION, 2018-2030 (USD MILLION) 55
TABLE 25 GERMANY LOW SPEED VEHICLE MARKET ESTIMATES & FORECAST, BY APPLICATION, 2018-2030 (USD MILLION) 55
TABLE 26 U.K. LOW SPEED VEHICLE MARKET ESTIMATES & FORECAST, BY POWER OUTPUT, 2018-2030 (USD MILLION) 56
TABLE 27 U.K. LOW SPEED VEHICLE MARKET ESTIMATES & FORECAST, BY PROPULSION, 2018-2030 (USD MILLION) 56
TABLE 28 U.K. LOW SPEED VEHICLE MARKET ESTIMATES & FORECAST, BY APPLICATION, 2018-2030 (USD MILLION) 56
TABLE 29 FRANCE LOW SPEED VEHICLE MARKET ESTIMATES & FORECAST, BY POWER OUTPUT, 2018-2030 (USD MILLION) 57
TABLE 30 FRANCE LOW SPEED VEHICLE MARKET ESTIMATES & FORECAST, BY PROPULSION, 2018-2030 (USD MILLION) 57
TABLE 31 FRANCE LOW SPEED VEHICLE MARKET ESTIMATES & FORECAST, BY APPLICATION, 2018-2030 (USD MILLION) 57
TABLE 32 SPAIN LOW SPEED VEHICLE MARKET ESTIMATES & FORECAST, BY POWER OUTPUT, 2018-2030 (USD MILLION) 58
TABLE 33 SPAIN LOW SPEED VEHICLE MARKET ESTIMATES & FORECAST, BY PROPULSION, 2018-2030 (USD MILLION) 58
TABLE 34 SPAIN LOW SPEED VEHICLE MARKET ESTIMATES & FORECAST, BY APPLICATION, 2018-2030 (USD MILLION) 58
TABLE 35 REST OF EUROPE LOW SPEED VEHICLE MARKET ESTIMATES & FORECAST, BY POWER OUTPUT, 2018-2030 (USD MILLION) 59
TABLE 36 REST OF EUROPE LOW SPEED VEHICLE MARKET ESTIMATES & FORECAST, BY PROPULSION, 2018-2030 (USD MILLION) 59
TABLE 37 REST OF EUROPE LOW SPEED VEHICLE MARKET ESTIMATES & FORECAST, BY APPLICATION, 2018-2030 (USD MILLION) 59
TABLE 38 ASIA-PACIFIC: LOW SPEED VEHICLE MARKET SIZE, BY COUNTRY, 2018-2030 (USD MILLION) 60
TABLE 39 ASIA-PACIFIC LOW SPEED VEHICLE MARKET ESTIMATES & FORECAST, BY POWER OUTPUT, 2018-2030 (USD MILLION) 61
TABLE 40 ASIA-PACIFIC LOW SPEED VEHICLE MARKET ESTIMATES & FORECAST, BY PROPULSION, 2018-2030 (USD MILLION) 61
TABLE 41 ASIA-PACIFIC LOW SPEED VEHICLE MARKET ESTIMATES & FORECAST, BY APPLICATION, 2018-2030 (USD MILLION) 61
TABLE 42 CHINA LOW SPEED VEHICLE MARKET ESTIMATES & FORECAST, BY POWER OUTPUT, 2018-2030 (USD MILLION) 62
TABLE 43 CHINA LOW SPEED VEHICLE MARKET ESTIMATES & FORECAST, BY PROPULSION, 2018-2030 (USD MILLION) 62
TABLE 44 CHINA LOW SPEED VEHICLE MARKET ESTIMATES & FORECAST, BY APPLICATION, 2018-2030 (USD MILLION) 62
TABLE 45 INDIA LOW SPEED VEHICLE MARKET ESTIMATES & FORECAST, BY POWER OUTPUT, 2018-2030 (USD MILLION) 63
TABLE 46 INDIA LOW SPEED VEHICLE MARKET ESTIMATES & FORECAST, BY PROPULSION, 2018-2030 (USD MILLION) 63
TABLE 47 JAPAN LOW SPEED VEHICLE MARKET ESTIMATES & FORECAST, BY APPLICATION, 2018-2030 (USD MILLION) 63
TABLE 48 JAPAN LOW SPEED VEHICLE MARKET ESTIMATES & FORECAST, BY POWER OUTPUT, 2018-2030 (USD MILLION) 64
TABLE 49 JAPAN LOW SPEED VEHICLE MARKET ESTIMATES & FORECAST, BY PROPULSION, 2018-2030 (USD MILLION) 64
TABLE 50 INDIA LOW SPEED VEHICLE MARKET ESTIMATES & FORECAST, BY APPLICATION, 2018-2030 (USD MILLION) 64
TABLE 51 SOUTH KOREA LOW SPEED VEHICLE MARKET ESTIMATES & FORECAST, BY POWER OUTPUT, 2018-2030 (USD MILLION) 65
TABLE 52 SOUTH KOREA LOW SPEED VEHICLE MARKET ESTIMATES & FORECAST, BY PROPULSION, 2018-2030 (USD MILLION) 65
TABLE 53 AUSTRALIA LOW SPEED VEHICLE MARKET ESTIMATES & FORECAST, BY APPLICATION, 2018-2030 (USD MILLION) 65
TABLE 54 REST OF ASIA PACIFIC LOW SPEED VEHICLE MARKET ESTIMATES & FORECAST, BY POWER OUTPUT, 2018-2030 (USD MILLION) 66
TABLE 55 REST OF ASIA PACIFIC LOW SPEED VEHICLE MARKET ESTIMATES & FORECAST, BY PROPULSION, 2018-2030 (USD MILLION) 66
TABLE 56 REST OF ASIA PACIFIC LOW SPEED VEHICLE MARKET ESTIMATES & FORECAST, BY APPLICATION, 2018-2030 (USD MILLION) 66
TABLE 57 REST OF THE WORLD: LOW SPEED VEHICLE MARKET SIZE, BY COUNTRY, 2018-2030 (USD MILLION) 67
TABLE 58 REST OF THE WORLD LOW SPEED VEHICLE MARKET ESTIMATES & FORECAST, BY POWER OUTPUT, 2018-2030 (USD MILLION) 68
TABLE 59 REST OF THE WORLD LOW SPEED VEHICLE MARKET ESTIMATES & FORECAST, BY PROPULSION, 2018-2030 (USD MILLION) 68
TABLE 60 REST OF THE WORLD LOW SPEED VEHICLE MARKET ESTIMATES & FORECAST, BY APPLICATION, 2018-2030 (USD MILLION) 68
TABLE 61 SOUTH AMERICA LOW SPEED VEHICLE MARKET ESTIMATES & FORECAST, BY POWER OUTPUT, 2018-2030 (USD MILLION) 69
TABLE 62 SOUTH AMERICA LOW SPEED VEHICLE MARKET ESTIMATES & FORECAST, BY PROPULSION, 2018-2030 (USD MILLION) 69
TABLE 63 SOUTH AMERICA LOW SPEED VEHICLE MARKET ESTIMATES & FORECAST, BY APPLICATION, 2018-2030 (USD MILLION) 69
TABLE 64 MIDDLE EAST & AFRICA LOW SPEED VEHICLE MARKET ESTIMATES & FORECAST, BY POWER OUTPUT, 2018-2030 (USD MILLION) 70
TABLE 65 MIDDLE EAST & AFRICA LOW SPEED VEHICLE MARKET ESTIMATES & FORECAST, BY PROPULSION, 2018-2030 (USD MILLION) 70
TABLE 66 MIDDLE EAST & AFRICA LOW SPEED VEHICLE MARKET ESTIMATES & FORECAST, BY APPLICATION, 2018-2030 (USD MILLION) 70
TABLE 67 PRODUCT LAUNCH/DEVELOPMENT 73
TABLE 68 PARTNERSHIP 74
TABLE 69 COLLABORATION 74
TABLE 70 POLARIS INDUSTRIES INC.: PRODUCTS OFFERED 76
TABLE 71 POLARIS INDUSTRIES INC.: KEY DEVELOPMENTS 77
TABLE 72 TEXTRON INC.: PRODUCTS OFFERED 81
TABLE 73 THE TORO COMPANY: PRODUCTS OFFERED 84
TABLE 74 YAMAHA GOLF-CARS: PRODUCTS OFFERED 87
TABLE 75 YAMAHA GOLF-CARS: KEY DEVELOPMENTS 87
TABLE 76 DEERE & COMPANY: PRODUCTS OFFERED 90
TABLE 77 KUBOTA CORPORATION.: PRODUCTS OFFERED 92
TABLE 78 KUBOTA CORPORATION: KEY DEVELOPMENTS 93
TABLE 79 COLUMBIA VEHICLE GROUP INC.: PRODUCTS OFFERED 94
TABLE 80 COLUMBIA VEHICLE GROUP INC.: KEY DEVELOPMENTS 95
TABLE 81 CLUB CAR LLC.: PRODUCTS OFFERED 97
TABLE 82 CLUB CAR, LLC.: KEY DEVELOPMENTS 98
TABLE 83 HDK ELECTRIC VEHICLES: PRODUCTS OFFERED 100
TABLE 84 HDK ELECTRIC VEHICLES: KEY DEVELOPMENTS 101
TABLE 85 AMERICAN LANDMASTER: PRODUCTS OFFERED 103
TABLE 86 AMERICAN LANDMASTER: KEY DEVELOPMENTS 104
LIST OF FIGURES
FIGURE 1 MARKET SYNOPSIS 16
FIGURE 2 GLOBAL LOW SPEED VEHICLE MARKET ANALYSIS, BY POWER OUTPUT 17
FIGURE 3 GLOBAL LOW SPEED VEHICLE MARKET ANALYSIS, BY PROPULSION 18
FIGURE 4 GLOBAL LOW SPEED VEHICLE MARKET ANALYSIS, BY APPLICATION 19
FIGURE 5 GLOBAL LOW SPEED VEHICLE MARKET ANALYSIS, BY REGION 20
FIGURE 6 GLOBAL LOW SPEED VEHICLE MARKET: STRUCTURE 22
FIGURE 7 RESEARCH PROCESS 23
FIGURE 8 TOP-DOWN & BOTTOM-UP APPROACHES 26
FIGURE 9 DRO ANALYSIS OF THE GLOBAL LOW SPEED VEHICLE MARKET 29
FIGURE 10 DRIVERS IMPACT ANALYSIS: GLOBAL LOW SPEED VEHICLE MARKET 31
FIGURE 11 RESTRAINT IMPACT ANALYSIS: GLOBAL LOW SPEED VEHICLE MARKET 32
FIGURE 12 SUPPLY CHAIN: GLOBAL LOW SPEED VEHICLE MARKET 34
FIGURE 13 PORTER'S FIVE FORCES ANALYSIS OF THE GLOBAL LOW SPEED VEHICLE MARKET 36
FIGURE 14 GLOBAL LOW SPEED VEHICLE MARKET, BY POWER OUTPUT, 2021 (% SHARE) 38
FIGURE 15 GLOBAL LOW SPEED VEHICLE MARKET, BY POWER OUTPUT, 2018 TO 2030 (USD MILLION) 38
FIGURE 16 GLOBAL LOW SPEED VEHICLE MARKET, BY PROPULSION, 2021 (% SHARE) 41
FIGURE 17 GLOBAL LOW SPEED VEHICLES MARKET, BY PROPULSION, 2018 TO 2030 (USD MILLION) 41
FIGURE 18 GLOBAL LOW SPEED VEHICLE MARKET, BY APPLICATION, 2021 (% SHARE) 43
FIGURE 19 GLOBAL LOW SPEED VEHICLE MARKET, BY APPLICATION, 2018 TO 2030 (USD MILLION) 43
FIGURE 20 GLOBAL LOW SPEED VEHICLE MARKET, BY REGION, 2021 (% SHARE) 46
FIGURE 21 GLOBAL LOW SPEED VEHICLE MARKET, BY REGION, 2018 TO 2030 (USD MILLION) 47
FIGURE 22 NORTH AMERICA: LOW SPEED VEHICLE MARKET SHARE, BY COUNTRY, 2021 (% SHARE) 48
FIGURE 23 EUROPE: LOW SPEED VEHICLE MARKET SHARE, BY COUNTRY, 2021 (% SHARE) 53
FIGURE 24 ASIA-PACIFIC: LOW SPEED VEHICLE MARKET SHARE, BY COUNTRY, 2021 (% SHARE) 60
FIGURE 25 REST OF THE WORLD: LOW SPEED VEHICLE MARKET SHARE, BY COUNTRY, 2021 (% SHARE) 67
FIGURE 26 BENCHMARKING OF MAJOR COMPETITORS 72
FIGURE 27 MARKET SHARE ANALYSIS, 2021 (%) 73
FIGURE 28 POLARIS INDUSTRIES INC.: FINANCIAL OVERVIEW SNAPSHOT 76
FIGURE 29 POLARIS INDUSTRIES INC.: SWOT ANALYSIS 77
FIGURE 30 TEXTRON INC.: FINANCIAL OVERVIEW SNAPSHOT) 80
FIGURE 31 TEXTRON INC.: SWOT ANALYSIS 82
FIGURE 32 THE TORO COMPANY: FINANCIAL OVERVIEW SNAPSHOT 84
FIGURE 33 THE TORO COMPANY: SWOT ANALYSIS 85
FIGURE 34 YAMAHA MOTOR CO. LTD. (PARENT ORGANIZATION): FINANCIAL OVERVIEW SNAPSHOT 86
FIGURE 35 YAMAHA GOLF-CARS: SWOT ANALYSIS 88
FIGURE 36 DEERE & COMPANY: FINANCIAL OVERVIEW SNAPSHOT 89
FIGURE 37 DEERE & COMPANY: SWOT ANALYSIS 90
FIGURE 38 KUBOTA CORPORATION.: FINANCIAL OVERVIEW SNAPSHOT 92
FIGURE 39 KUBOTA CORPORATION: SWOT ANALYSIS 93
FIGURE 40 COLUMBIA VEHICLE GROUP INC.: SWOT ANALYSIS 95
FIGURE 41 INGERSOLL RAND (PARENTAL BRAND OF CLUB CAR, LLC): FINANCIAL OVERVIEW SNAPSHOT 96
FIGURE 42 CLUB CAR, LLC: SWOT ANALYSIS 99
FIGURE 43 HDK ELECTRIC VEHICLES: SWOT ANALYSIS 102
FIGURE 44 AMERICAN LANDMASTER: SWOT ANALYSIS 104
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Should you wish to pay in a different currency to that advertised online we do accept payments in USD, EURO, GBP and PLN. The price will be calculated based on the relevant exchange rate taken from our National Bank.
To pay in a different above currency to that advertised online please Contact our team and a quotation will be sent within a couple of hours with payment details.
License options vary from Partner to Partner as is usually based on the number of Users that will benefitting from the report. It is very important that License ordered is not breached as this could have potential negative consequences for you individually or your employer.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
The Global Site License is the most comprehensive license available. By selecting this license, the Market Report can be shared with other ‘Allowed Users’ and any other member of staff from the same organisation regardless of geographic location.
It is important to note that this may exclude Parent Companies or Subsidiaries.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
The most common format is PDF, however in certain circumstances data may be present in Excel format or Online, especially in the case of Database or Directories. In addition, for certain higher license options a CD may also be provided.
If you have questions or need clarification about the specific formats we recommend you to Contact us and a detailed explanation will be provided.
Delivery is fulfilled by our partners directly. Once an order has been placed we inform the partner by sharing the delivery email details given in the order process.
Delivery is usually made within 24 hours of an order being placed, however it may take longer should your order be placed prior to the weekend or if otherwise specified on the Market Report details page. Additionally, if details have been not fully completed in the Order process a delay in delivery is possible.
If a delay in delivery is expected you will be informed about it immediately.
As most Market Reports are delivered in PDF format we almost never have to add additional Shipping Charges. If, however you are ordering a Higher License service or a specific delivery format (e.g. CD version) charges may apply.
If you are concerned about additional Shipping Charges we recommend you to Contact us to double check.
We work in Partnership with PayU to ensure payments are made securely in a fast and effortless way. PayU is the e-payments division of Naspers.
Naspers operates in over 133 International Markets and ranks 3rd Globally in terms of the number of e-commerce customers served.
For more information on PayU please visit: https://www.payu.pl/en/about-us
If you require an invoice prior to payment, this is possible. To ensure a speedy delivery of the Market Report we require all relevant company details and you agree to maximum payment terms of 30 days from receipt of order.
With our regular clients deliver of the Market Report can be made prior to receiving payment, however in some circumstances we may ask for payment to be received before arranging for the Market Report to be delivered.
We have specifically partnered with leading International companies to protect your privacy by using different technologies and processes to ensure security.
Everything submitted to Scotts International is encrypted via SSL (Secure Socket Layer) and all personal information provided to Scotts International is stored on computer systems with limited access in controlled environments.
We partner with PayU (https://www.payu.pl/en/about-us) to ensure all credit card payments are made securely in a fast and effortless way.
PayU offers 250+ various payment channels and eWallet services across 4 continents allowing buyers to pay electronically, whether on a computer or a mobile device.