Low Speed Vehicle

1
Low Speed Vehicle Market Global Analysis and
Forecast to 2027

• Low Speed Vehicle Market

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2
Report Studies
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• Low Speed Vehicle Market to 2027 - Global
  Analysis and Forecasts by Type (Commercial Turf
  Utility Vehicles, Golf Carts, Industrial Utility
  Vehicles, and Personnel Carriers) Propulsion
  (Diesel, Electric, and Gasoline) and Geography

3
Low Speed Vehicle Market Overview
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• The low speed vehicle market was valued at US
  11.98 Billion in 2019 and is expected to grow at
  a CAGR of 4.2 from 2020 to 2027 to reach US
  16.46 Billion by 2027.
• The low speed vehicle market has witnessed
  eminent growth in the last couple of years
  globally. The positive economic outlook, rising
  disposable incomes, and growing population are
  among the factors that are driving the demand for
  infrastructure projects. Also, pertaining to high
  volume of online orders, the e-commerce industry
  is growing which would result into more ownership
  of warehouse in the region. Low speed vehicles
  within the warehouse supports in shifting the
  boxes form one place to another. Above-mentioned
  factors plays a major role in accelerating the
  low speed vehicle market growth. The APAC held
  the largest market share in 2019 and is
  anticipated to be the fastest growing region in
  the low speed vehicle market. North America and
  Europe are the second and third largest region in
  the low speed market.

4
Key Segment Market
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• Segment By Type-
• Type (Commercial Turf Utility Vehicles, Golf
  Carts, Industrial Utility Vehicles, and Personnel
  Carriers)
• Propulsion (Diesel, Electric, and Gasoline)
• Geography

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5
Low Speed VehicleMarket Value
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• CAGR of 4.2
• (2022 - 2027)

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6
Company Profiles
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• Bintelli Electric Vehicle
• Club Car, LLC
• Cruise Car, Inc.,
• Deere Company
• HDK Co., Ltd.
• Moto Electric Vehicles
• Polaris Inc.
• Textron Specialized Vehicles Inc.
• The Toro Company
• Yamaha Golf-Car Company

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7
By Geography
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• North America (the US, Canada, and Mexico)
• Europe (the UK, Germany, France, Italy, Spain,
  and the Rest of Europe)
• Asia Pacific (China, Japan, India, Australia,
  South Korea, and the Rest of Asia Pacific)
• Middle East Africa (the UAE, Saudi Arabia,
  South Africa, and the Rest of Middle East
  Africa)
• South Central America (Brazil, Argentina, and
  the Rest of South Central America).

8
THANKYOU!

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