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Global Micro EVs Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029

A micro electric vehicle (EV) is a four-wheeled electric powered micro vehicle with an attainable speed of more than 20 miles per hour but not more than 25 miles per hour (in China, not more than 70 kilometers per hour) on a paved surface, and it usually has a gross vehicle weight rating (GVWR) of less than 3,000 pounds. Neighborhood electric vehicles (NEVs), golf carts and utility terrain vehicles all fall into this category. According to our (Global Info Research) latest study, the global Micro EVs market size was valued at USD 8415.8 million in 2022 and is forecast to a readjusted size of USD 12440 million by 2029 with a CAGR of 5.7% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes. China is the largest region of Micro EVs, with a market share about 70%. Textron, Yamaha and Polaris are the major manufacturers of industry. This report is a detailed and comprehensive analysis for global Micro EVs market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided. Key Features: Global Micro EVs market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2018-2029 Global Micro EVs market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2018-2029 Global Micro EVs market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2018-2029 Global Micro EVs market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (USD/Unit), 2018-2023 The Primary Objectives in This Report Are: To determine the size of the total market opportunity of global and key countries To assess the growth potential for Micro EVs To forecast future growth in each product and end-use market To assess competitive factors affecting the marketplace This report profiles key players in the global Micro EVs market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Yogomo, Shifeng, Textron, Dojo and Byvin, etc. This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence. Market Segmentation Micro EVs market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets. Market segment by Type Lead-acid Battery EVs Lithium-ion Battery EVs Market segment by Application Personal Use Commercial Use (Sightseeing, Golf etc.) Public Utilities Major players covered Yogomo Shifeng Textron Dojo Byvin Polaris Lichi Baoya Tangjun Yamaha Fulu Xinyuzhou GreenWheel EV Incalu Kandi Renault APACHE Garia Zheren Ingersoll Rand CitEcar Electric Vehicles Eagle Taiqi Market segment by region, regional analysis covers North America (United States, Canada and Mexico) Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe) Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia) South America (Brazil, Argentina, Colombia, and Rest of South America) Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa) The content of the study subjects, includes a total of 15 chapters: Chapter 1, to describe Micro EVs product scope, market overview, market estimation caveats and base year. Chapter 2, to profile the top manufacturers of Micro EVs, with price, sales, revenue and global market share of Micro EVs from 2018 to 2023. Chapter 3, the Micro EVs competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast. Chapter 4, the Micro EVs breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029. Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029. Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Micro EVs market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029. Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War. Chapter 13, the key raw materials and key suppliers, and industry chain of Micro EVs. Chapter 14 and 15, to describe Micro EVs sales channel, distributors, customers, research findings and conclusion.
1 Market Overview 1.1 Product Overview and Scope of Micro EVs 1.2 Market Estimation Caveats and Base Year 1.3 Market Analysis by Type 1.3.1 Overview: Global Micro EVs Consumption Value by Type: 2018 Versus 2022 Versus 2029 1.3.2 Lead-acid Battery EVs 1.3.3 Lithium-ion Battery EVs 1.4 Market Analysis by Application 1.4.1 Overview: Global Micro EVs Con
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About this Report
Report ID 219279
Category
  • Automotive
Published on 22-Mar
Number of Pages 125
Publisher Name Global Info Research
Editor Rating
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