Asia Pacific Low-Speed Electric Vehicle Market
Historic Data:    |   Base Year: 2023   |   Forecast Period: 2024-2031
Forecast to 2030 - Regional Analysis - by Product (Passenger Vehicle and Utility Vehicle), End User (Golf Courses, Hotels & Resorts, Airports, Residential & Commercial, Premises, and Others), and Vehicle Type (Golf Carts, Commercial Turf Utility Vehicles, Industrial Utility Vehicles, and Personal Mobility Vehicles)

No. of Pages: 171    |    Report Code: BMIRE00030014    |    Category: Automotive and Transportation

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Asia Pacific Low-Speed Electric Vehicle Market
Table of Content

1. Introduction

1.1 The Insight Partners Research Report Guidance

1.2 Market Segmentation

2. Executive Summary

2.1 Key Insights

2.2 Market Attractiveness

3. Research Methodology

3.1 Coverage

3.2 Secondary Research

3.3 Primary Research

4. Asia Pacific Low-Speed Electric Vehicles Market Landscape

4.1 Overview

4.2 PEST Analysis

4.3 Ecosystem Analysis

4.3.1 Raw Material Suppliers/Component Suppliers:

4.3.2 Low-Speed Electric Vehicles Manufacturers:

4.3.3 End Users:

5. Asia Pacific Low-Speed Electric Vehicles Market - Key Industry Dynamics

5.1 Market Drivers

5.1.1 Growing Concerns Regarding Greenhouse Gas Emission

5.1.2 Increasing Government Support for Electric Vehicles

5.1.3 Rising Affordability of Electric Vehicles

5.1.4 Phasing Out of Internal Combustion Engines

5.2 Restraints

5.2.1 Operational Limitations of Battery-operated Electric Vehicles

5.2.2 High Initial Expenditure

5.3 Opportunities

5.3.1 Usage of Low-speed Electric Vehicles in Different Sectors

5.3.2 Increasing Job Opportunities in EV Manufacturing Facilities

5.4 Future Trends

5.4.1 Advent of Lithium-ion Phosphate and Sodium-ion Batteries for Electric Vehicles

5.5 Impact of Drivers and Restraints:

6. Low-Speed Electric Vehicles Market - Asia Pacific Market Analysis

6.1 Asia Pacific Low-Speed Electric Vehicles Market Revenue (US$ Million), 2022 - 2030

6.2 Asia Pacific Low-Speed Electric Vehicles Market Forecast and Analysis

7. Asia Pacific Low-Speed Electric Vehicles Market Analysis - Product

7.1 Overview

7.1.1 Low-Speed Electric Vehicles Market, by Product (2022 and 2030)

7.2 Passenger Vehicle

7.2.1 Overview

7.2.2 Passenger Vehicle Market, Revenue and Forecast to 2030 (US$ Million)

7.3 Utility Vehicle

7.3.1 Overview

7.3.2 Utility Vehicle Market, Revenue and Forecast to 2030 (US$ Million)

8. Asia Pacific Low-Speed Electric Vehicles Market Analysis - End User

8.1 Overview

8.1.1 Asia Pacific Low-Speed Electric Vehicles Market, by End User (2022 and 2030)

8.2 Golf Courses

8.2.1 Overview

8.2.2 Golf Courses Market Revenue, and Forecast to 2030 (US$ Million)

8.3 Hotels & Resorts

8.3.1 Overview

8.3.2 Hotels & Resorts Market Revenue, and Forecast to 2030 (US$ Million)

8.4 Airports

8.4.1 Overview

8.4.2 Airports Market Revenue, and Forecast to 2030 (US$ Million)

8.5 Residential & Commercial Premises

8.5.1 Overview

8.5.2 Residential & Commercial Premises Market Revenue, and Forecast to 2030 (US$ Million)

8.6 Others

8.6.1 Overview

8.6.2 Others Market Revenue, and Forecast to 2030 (US$ Million)

9. Asia Pacific Low-Speed Electric Vehicles Market Analysis - Vehicle Type

9.1 Overview

9.1.1 Asia Pacific Low-Speed Electric Vehicles Market, by Vehicle Type (2022 and 2030)

9.2 Golf Carts

9.2.1 Overview

9.2.2 Golf Carts Market Revenue, and Forecast to 2030 (US$ Million)

9.3 Commercial Turf Utility Vehicles

9.3.1 Overview

9.3.2 Commercial Turf Utility Vehicles Market Revenue, and Forecast to 2030 (US$ Million)

9.4 Industrial Utility Vehicles

9.4.1 Overview

9.4.2 Industrial Utility Vehicles Market Revenue, and Forecast to 2030 (US$ Million)

9.5 Personal Mobility Vehicles

9.5.1 Overview

9.5.2 Personal Mobility Vehicles Market Revenue, and Forecast to 2030 (US$ Million)

10. Asia Pacific Low-Speed Electric Vehicles Market - Country Analysis

10.1 Asia Pacific Low-Speed Electric Vehicles Market

10.1.1 Overview

10.1.2 Asia Pacific Low-Speed Electric Vehicles Market Revenue and Forecasts and Analysis - By Country

10.1.2.1 Asia Pacific Low-Speed Electric Vehicles Market Revenue and Forecasts and Analysis - By Country

10.1.2.2 Australia Low-Speed Electric Vehicles Market Revenue and Forecasts to 2030 (US$ Mn)

10.1.2.2.1 Australia Low-Speed Electric Vehicles Market Breakdown by Product

10.1.2.2.2 Australia Low-Speed Electric Vehicles Market Breakdown by End User

10.1.2.2.3 Australia Low-Speed Electric Vehicles Market Breakdown by Vehicle Type

10.1.2.3 China Low-Speed Electric Vehicles Market Revenue and Forecasts to 2030 (US$ Mn)

10.1.2.3.1 China Low-Speed Electric Vehicles Market Breakdown by Product

10.1.2.3.2 China Low-Speed Electric Vehicles Market Breakdown by End User

10.1.2.3.3 China Low-Speed Electric Vehicles Market Breakdown by Vehicle Type

10.1.2.4 India Low-Speed Electric Vehicles Market Revenue and Forecasts to 2030 (US$ Mn)

10.1.2.4.1 India Low-Speed Electric Vehicles Market Breakdown by Product

10.1.2.4.2 India Low-Speed Electric Vehicles Market Breakdown by End User

10.1.2.4.3 India Low-Speed Electric Vehicles Market Breakdown by Vehicle Type

10.1.2.5 Japan Low-Speed Electric Vehicles Market Revenue and Forecasts to 2030 (US$ Mn)

10.1.2.5.1 Japan Low-Speed Electric Vehicles Market Breakdown by Product

10.1.2.5.2 Japan Low-Speed Electric Vehicles Market Breakdown by End User

10.1.2.5.3 Japan Low-Speed Electric Vehicles Market Breakdown by Vehicle Type

10.1.2.6 South Korea Low-Speed Electric Vehicles Market Revenue and Forecasts to 2030 (US$ Mn)

10.1.2.6.1 South Korea Low-Speed Electric Vehicles Market Breakdown by Product

10.1.2.6.2 South Korea Low-Speed Electric Vehicles Market Breakdown by End User

10.1.2.6.3 United States Low-Speed Electric Vehicles Market Breakdown by Vehicle Type

10.1.2.7 Rest of Asia Pacific Low-Speed Electric Vehicles Market Revenue and Forecasts to 2030 (US$ Mn)

10.1.2.7.1 Rest of Asia Low-Speed Electric Vehicles Market Breakdown by Product

10.1.2.7.2 Rest of Asia Low-Speed Electric Vehicles Market Breakdown by End User

10.1.2.7.3 Rest of Asia Pacific Low-Speed Electric Vehicles Market Breakdown by Vehicle Type

11. Industry Landscape

11.1 Overview

11.2 Market Initiative

11.3 Product Development

11.4 Mergers & Acquisitions

12. Company Profiles

12.1 Evfarm India Pvt Ltd

12.1.1 Key Facts

12.1.2 Business Description

12.1.3 Products and Services

12.1.4 Financial Overview

12.1.5 SWOT Analysis

12.1.6 Key Developments

12.2 Autopower Drives (India) Ltd

12.2.1 Key Facts

12.2.2 Business Description

12.2.3 Products and Services

12.2.4 Financial Overview

12.2.5 SWOT Analysis

12.2.6 Key Developments

12.3 Navya SA

12.3.1 Key Facts

12.3.2 Business Description

12.3.3 Products and Services

12.3.4 Financial Overview

12.3.5 SWOT Analysis

12.3.6 Key Developments

12.4 Taizhou EBU Industry & Trade Co Ltd

12.4.1 Key Facts

12.4.2 Business Description

12.4.3 Products and Services

12.4.4 Financial Overview

12.4.5 SWOT Analysis

12.4.6 Key Developments

12.5 Yamaha Motor Co Ltd

12.5.1 Key Facts

12.5.2 Business Description

12.5.3 Products and Services

12.5.4 Financial Overview

12.5.5 SWOT Analysis

12.5.6 Key Developments

12.6 Anhui Airuite New Energy Special Purpose Vehicle Co Ltd

12.6.1 Key Facts

12.6.2 Business Description

12.6.3 Products and Services

12.6.4 Financial Overview

12.6.5 SWOT Analysis

12.6.6 Key Developments

12.7 Guangdong Lvtong New Energy Electric Vehicle Technology Co Ltd

12.7.1 Key Facts

12.7.2 Business Description

12.7.3 Products and Services

12.7.4 Financial Overview

12.7.5 SWOT Analysis

12.7.6 Key Developments

12.8 Yamaha Golf-Car Co

12.8.1 Key Facts

12.8.2 Business Description

12.8.3 Products and Services

12.8.4 Financial Overview

12.8.5 SWOT Analysis

12.8.6 Key Developments

12.9 XunHu

12.9.1 Key Facts

12.9.2 Business Description

12.9.3 Products and Services

12.9.4 Financial Overview

12.9.5 SWOT Analysis

12.9.6 Key Developments

12.10 Xiamen Dalle Electric Car Co Ltd

12.10.1 Key Facts

12.10.2 Business Description

12.10.3 Products and Services

12.10.4 Financial Overview

12.10.5 SWOT Analysis

12.10.6 Key Developments

12.11 Tomberlin

12.11.1 Key Facts

12.11.2 Business Description

12.11.3 Products and Services

12.11.4 Financial Overview

12.11.5 SWOT Analysis

12.11.6 Key Developments

12.12 BOLDLY Inc

12.12.1 Key Facts

12.12.2 Business Description

12.12.3 Products and Services

12.12.4 Financial Overview

12.12.5 SWOT Analysis

12.12.6 Key Developments

12.13 Nandan GSE Pvt Ltd

12.13.1 Key Facts

12.13.2 Business Description

12.13.3 Products and Services

12.13.4 Financial Overview

12.13.5 SWOT Analysis

12.13.6 Key Developments

12.14 Renault SA

12.14.1 Key Facts

12.14.2 Business Description

12.14.3 Products and Services

12.14.4 Financial Overview

12.14.5 SWOT Analysis

12.14.6 Key Developments

12.15 Deere & Co

12.15.1 Key Facts

12.15.2 Business Description

12.15.3 Products and Services

12.15.4 Financial Overview

12.15.5 SWOT Analysis

12.15.6 Key Developments

12.16 Suzhou Eagle Electric Vehicle Manufacturing Co Ltd

12.16.1 Key Facts

12.16.2 Business Description

12.16.3 Products and Services

12.16.4 Financial Overview

12.16.5 SWOT Analysis

12.16.6 Key Developments

12.17 Saera Electric Auto Ltd

12.17.1 Key Facts

12.17.2 Business Description

12.17.3 Products and Services

12.17.4 Financial Overview

12.17.5 SWOT Analysis

12.17.6 Key Developments

12.18 Shenzhen Aoxiang Industrial Development Co Ltd

12.18.1 Key Facts

12.18.2 Business Description

12.18.3 Products and Services

12.18.4 Financial Overview

12.18.5 SWOT Analysis

12.18.6 Key Developments

12.19 Cengocar

12.19.1 Key Facts

12.19.2 Business Description

12.19.3 Products and Services

12.19.4 Financial Overview

12.19.5 SWOT Analysis

12.19.6 Key Developments

12.20 Guangzhou Langqing Electric Car Co Ltd

12.20.1 Key Facts

12.20.2 Business Description

12.20.3 Products and Services

12.20.4 Financial Overview

12.20.5 SWOT Analysis

12.20.6 Key Developments

12.21 HDK Electric Vehicle Corp

12.21.1 Key Facts

12.21.2 Business Description

12.21.3 Products and Services

12.21.4 Financial Overview

12.21.5 SWOT Analysis

12.21.6 Key Developments

12.22 Lohr SA

12.22.1 Key Facts

12.22.2 Business Description

12.22.3 Products and Services

12.22.4 Financial Overview

12.22.5 SWOT Analysis

12.22.6 Key Developments

12.23 Parmaker Holdings Pty Ltd

12.23.1 Key Facts

12.23.2 Business Description

12.23.3 Products and Services

12.23.4 Financial Overview

12.23.5 SWOT Analysis

12.23.6 Key Developments

12.24 Prevalence Green Solutions Pvt Ltd

12.24.1 Key Facts

12.24.2 Business Description

12.24.3 Products and Services

12.24.4 Financial Overview

12.24.5 SWOT Analysis

12.24.6 Key Developments

12.25 Roots Industries India Ltd

12.25.1 Key Facts

12.25.2 Business Description

12.25.3 Products and Services

12.25.4 Financial Overview

12.25.5 SWOT Analysis

12.25.6 Key Developments

12.26 Kinghike Vehicle Co Ltd

12.26.1 Key Facts

12.26.2 Business Description

12.26.3 Products and Services

12.26.4 Financial Overview

12.26.5 SWOT Analysis

12.26.6 Key Developments

12.27 Lawat Motors LLP

12.27.1 Key Facts

12.27.2 Business Description

12.27.3 Products and Services

12.27.4 Financial Overview

12.27.5 SWOT Analysis

12.27.6 Key Developments

12.28 Marshell Green Power

12.28.1 Key Facts

12.28.2 Business Description

12.28.3 Products and Services

12.28.4 Financial Overview

12.28.5 SWOT Analysis

12.28.6 Key Developments

12.29 Polaris Inc

12.29.1 Key Facts

12.29.2 Business Description

12.29.3 Products and Services

12.29.4 Financial Overview

12.29.5 SWOT Analysis

12.29.6 Key Developments

12.30 EasyMile SAS

12.30.1 Key Facts

12.30.2 Business Description

12.30.3 Products and Services

12.30.4 Financial Overview

12.30.5 SWOT Analysis

12.30.6 Key Developments

12.31 Vayve Mobility Pvt Ltd

12.31.1 Key Facts

12.31.2 Business Description

12.31.3 Products and Services

12.31.4 Financial Overview

12.31.5 SWOT Analysis

12.31.6 Key Developments

12.32 Electric Railway (Thailand) PCL

12.32.1 Key Facts

12.32.2 Business Description

12.32.3 Products and Services

12.32.4 Financial Overview

12.32.5 SWOT Analysis

12.32.6 Key Developments

12.33 Kinetic Green Energy & Power Solutions Ltd

12.33.1 Key Facts

12.33.2 Business Description

12.33.3 Products and Services

12.33.4 Financial Overview

12.33.5 SWOT Analysis

12.33.6 Key Developments

12.34 Jaymac Engineering Ltd

12.34.1 Key Facts

12.34.2 Business Description

12.34.3 Products and Services

12.34.4 Financial Overview

12.34.5 SWOT Analysis

12.34.6 Key Developments

12.35 Tri Electric Pvt Ltd

12.35.1 Key Facts

12.35.2 Business Description

12.35.3 Products and Services

12.35.4 Financial Overview

12.35.5 SWOT Analysis

12.35.6 Key Developments

12.36 Zhejiang Special Vehicle Sales Co Ltd

12.36.1 Key Facts

12.36.2 Business Description

12.36.3 Products and Services

12.36.4 Financial Overview

12.36.5 SWOT Analysis

12.36.6 Key Developments

13. Appendix

13.1 About The Insight Partners

13.2 Word Index

List of Tables

Table 1. Low-Speed Electric Vehicles Market Segmentation

Table 2. Asia Pacific Low-Speed Electric Vehicles Market Revenue and Forecasts to 2030 (US$ Million)

Table 3. Asia Pacific Low-Speed Electric Vehicles Market Revenue and Forecasts to 2030 (US$ Million) - Product

Table 4. Asia Pacific Low-Speed Electric Vehicles Market Revenue and Forecasts to 2030 (US$ Million) - End User

Table 5. Asia Pacific Low-Speed Electric Vehicles Market Revenue and Forecasts to 2030 (US$ Million) - Vehicle Type

Table 6. Asia Pacific Low-Speed Electric Vehicles Market Revenue and Forecasts to 2030 (US$ Mn) - By Country

Table 7. Australia Low-Speed Electric Vehicles Market Revenue and Forecasts to 2030 (US$ Mn) - Product

Table 8. Australia Low-Speed Electric Vehicles Market Revenue and Forecasts to 2030 (US$ Mn) - End User

Table 9. Australia Low-Speed Electric Vehicles Market Revenue and Forecasts to 2030 (US$ Mn) - Vehicle Type

Table 10. China Low-Speed Electric Vehicles Market Revenue and Forecasts to 2030 (US$ Mn) - Product

Table 11. China Low-Speed Electric Vehicles Market Revenue and Forecasts to 2030 (US$ Mn) - End User

Table 12. China Low-Speed Electric Vehicles Market Revenue and Forecasts to 2030 (US$ Mn) - Vehicle Type

Table 13. India Low-Speed Electric Vehicles Market Revenue and Forecasts to 2030 (US$ Mn) - Product

Table 14. India Low-Speed Electric Vehicles Market Revenue and Forecasts to 2030 (US$ Mn) - End User

Table 15. India Low-Speed Electric Vehicles Market Revenue and Forecasts to 2030 (US$ Mn) - Vehicle Type

Table 16. Japan Low-Speed Electric Vehicles Market Revenue and Forecasts to 2030 (US$ Mn) - Product

Table 17. Japan Low-Speed Electric Vehicles Market Revenue and Forecasts to 2030 (US$ Mn) - End User

Table 18. Japan Low-Speed Electric Vehicles Market Revenue and Forecasts to 2030 (US$ Mn) - Vehicle Type

Table 19. South Korea Low-Speed Electric Vehicles Market Revenue and Forecasts to 2030 (US$ Mn) - Product

Table 20. South Korea Low-Speed Electric Vehicles Market Revenue and Forecasts to 2030 (US$ Mn) - End User

Table 21. United States Low-Speed Electric Vehicles Market Revenue and Forecasts to 2030 (US$ Mn) - Vehicle Type

Table 22. Rest of Asia Low-Speed Electric Vehicles Market Revenue and Forecasts to 2030 (US$ Mn) - Product

Table 23. Rest of Asia Low-Speed Electric Vehicles Market Revenue and Forecasts to 2030 (US$ Mn) - End User

Table 24. Rest of Asia Pacific Low-Speed Electric Vehicles Market Revenue and Forecasts to 2030 (US$ Mn) - Vehicle Type

Table 25. List of Abbreviation

List of Figures

Figure 1. Low-Speed Electric Vehicles Market Segmentation, By Country

Figure 2. PEST Analysis

Figure 3. Ecosystem: Low-Speed Electric Vehicles Market

Figure 4. Low-Speed Electric Vehicles Market - Key Industry Dynamics

Figure 5. Impact Analysis of Drivers and Restraints

Figure 6. Asia Pacific Low-Speed Electric Vehicles Market Revenue (US$ Million), 2022 - 2030

Figure 7. Asia Pacific Low-Speed Electric Vehicles Market Share (%) - Product, 2022 and 2030

Figure 8. Passenger Vehicle Market Revenue and Forecasts to 2030 (US$ Million)

Figure 9. Utility Vehicle Market Revenue and Forecasts to 2030 (US$ Million)

Figure 10. Asia Pacific Low-Speed Electric Vehicles Market, by End User (2022 and 2030)

Figure 11. Golf Courses Market Revenue and Forecasts to 2030 (US$ Million)

Figure 12. Hotels & Resorts Market Revenue and Forecasts to 2030 (US$ Million)

Figure 13. Airports Market Revenue and Forecasts to 2030 (US$ Million)

Figure 14. Residential & Commercial Premises Market Revenue and Forecasts to 2030 (US$ Million)

Figure 15. Others Market Revenue and Forecasts to 2030 (US$ Million)

Figure 16. Asia Pacific Low-Speed Electric Vehicles Market, by Vehicle Type (2022 and 2030)

Figure 17. Golf Carts Market Revenue and Forecasts to 2030 (US$ Million)

Figure 18. Commercial Turf Utility Vehicles Market Revenue and Forecasts to 2030 (US$ Million)

Figure 19. Industrial Utility Vehicles Market Revenue and Forecasts to 2030 (US$ Million)

Figure 20. Personal Mobility Vehicles Market Revenue and Forecasts to 2030 (US$ Million)

Figure 21. Asia Pacific Low-Speed Electric Vehicles Market, by Key Countries - Revenue (2022) (US$ Million)

Figure 22. Asia Pacific Low-Speed Electric Vehicles Market Breakdown by Key Countries, 2022 and 2030 (%)

Figure 23. Australia Low-Speed Electric Vehicles Market Revenue and Forecasts to 2030 (US$ Mn)

Figure 24. China Low-Speed Electric Vehicles Market Revenue and Forecasts to 2030 (US$ Mn)

Figure 25. India Low-Speed Electric Vehicles Market Revenue and Forecasts to 2030 (US$ Mn)

Figure 26. Japan Low-Speed Electric Vehicles Market Revenue and Forecasts to 2030 (US$ Mn)

Figure 27. South Korea Low-Speed Electric Vehicles Market Revenue and Forecasts to 2030 (US$ Mn)

Figure 28. Rest of Asia Pacific Low-Speed Electric Vehicles Market Revenue and Forecasts to 2030 (US$ Mn)

The List of Companies - Asia Pacific Low-Speed Electric Vehicle Market

1. Evfarm India Pvt Ltd

2. Autopower Drives (India) Ltd

3. Navya SA

4. Taizhou EBU Industry & Trade Co Ltd

5. Yamaha Motor Co Ltd

6. Anhui Airuite New Energy Special Purpose Vehicle Co Ltd

7. Guangdong Lvtong New Energy Electric Vehicle Technology Co Ltd

8. Yamaha Golf-Car Co

9. XunHu

10. Xiamen Dalle Electric Car Co Ltd

11. Tomberlin

12. BOLDLY Inc

13. Nandan GSE Pvt Ltd

14. Renault SA

15. Deere & Co

16. Suzhou Eagle Electric Vehicle Manufacturing Co Ltd

17. Saera Electric Auto Ltd

18. Shenzhen Aoxiang Industrial Development Co Ltd

19. Cengocar

20. Guangzhou Langqing Electric Car Co Ltd

21. HDK Electric Vehicle Corp

22. Lohr SA

23. Parmaker Holdings Pty Ltd

24. Prevalence Green Solutions Pvt Ltd

25. Roots Industries India Ltd

26. Kinghike Vehicle Co Ltd

27. Lawat Motors LLP

28. Marshell Green Power

29. Polaris Inc

30. EasyMile SAS

31. Vayve Mobility Pvt Ltd

32. Electric Railway (Thailand) PCL

33. Kinetic Green Energy & Power Solutions Ltd

34. Jaymac Engineering Ltd

35. Tri Electric Pvt Ltd

36. Zhejiang Special Vehicle Sales Co Ltd