Asia Pacific low speed electric vehicle market will grow by 11.8% annually with a total addressable market cap of $111.57 billion over 2021-2030 owing to stringent environmental regulations, improvement in electric vehicle R&D, advanced battery technology, and government subsidies.
Highlighted with 32 tables and 56 figures, this 123-page report “Asia Pacific Low Speed Electric Vehicle (LSEV) Market 2020-2030 by Product (Two-wheelers, Three-wheelers, Four-wheelers), Voltage, Battery, Vehicle Type, End User, and Country: Trend Forecast and Growth Opportunity” is based on a comprehensive research of the entire Asia Pacific low speed electric vehicle market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2017-2019 and provides estimate and forecast from 2020 till 2030 with 2019 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)
In-depth qualitative analyses include identification and investigation of the following aspects:
- Market Structure
- Growth Drivers
- Restraints and Challenges
- Emerging Product Trends & Market Opportunities
- Porter’s Fiver Forces
The trend and outlook of Asia Pacific market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19. The balanced (most likely) projection is used to quantify Asia Pacific low speed electric vehicle market in every aspect of the classification from perspectives of Product, Voltage, Battery, Vehicle Type, End User, and Country.
Based on Product, the Asia Pacific market is segmented into the following sub-markets with annual revenue for 2020-2030 included in each section.
- Two-wheelers
o E-Bikes
o E-Scooters
o Motorcycles
o Kick Scooters
o Other Two-wheelers - Three-wheelers
- Four-wheelers
Based on Voltage, the Asia Pacific market is segmented into the following sub-markets with annual revenue for 2020-2030 included in each section.
- 24V
- 36V
- 48V
- 60V
- 72V
Based on Battery, the Asia Pacific market is segmented into the following sub-markets with annual revenue for 2020-2030 included in each section.
- Lithium-Ion Battery LSEV
- Lead-Acid Battery LSEV
- Other Battery LSEV
Based on Vehicle Type, the Asia Pacific market is segmented into the following sub-markets with annual revenue for 2020-2030 included in each section.
- Passenger LSEV
- Heavy-duty LSEV
- Utility LSEV
- Off-road LSEV
Based on End User, the Asia Pacific market is segmented into the following sub-markets with annual revenue for 2020-2030 included in each section.
- Golf Courses
- Tourist Destinations
- Hotels & Resorts
- Transport Terminals
- Residential & Commercial Premises
- Other End Users
Geographically, the following national/local markets are fully investigated:
- Japan
- China
- South Korea
- Australia
- India
- Rest of APAC (further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, Taiwan, and Philippines)
For each key country, detailed analysis and data for annual revenue are available for 2020-2030. The breakdown of key national markets by Voltage, Battery, and Vehicle Type over the forecast years is also included.
The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.
Specifically, potential risks associated with investing in Asia Pacific low speed electric vehicle market are assayed quantitatively and qualitatively through GMD’s Risk Assessment System. According to the risk analysis and evaluation, Critical Success Factors (CSFs) are generated as a guidance to help investors & stockholders identify emerging opportunities, manage and minimize the risks, develop appropriate business models, and make wise strategies and decisions.
Key Players (this may not be a complete list and extra companies can be added upon request):
AGT Electric Cars
Byvin Corporation
Hero Electric Vehicles Pvt. Ltd.
Jiangsu East Vehicle Manufacturing Co. Ltd.
Renault Samsung Motors
SAEAN Inc.
Shandong Shifeng (Group)
Speedways Electric
Terra Motors Corporation
Unistar Co. Ltd.
Yadea Technology Group
Yamaha Motor Co. Ltd.
Yujie Group
ZHIDOU Electric Vehicle Co. Ltd.
(Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)