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Press Release: Global Electric Low Speed Vehicle Market is Expected to Reach USD 7.4 Billion by 2024

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Press Release: Global Electric Low Speed Vehicle Market is Expected to Reach USD 7.4 Billion by 2024


      

According to Goldstein Research, rapid urbanization and growing hospitality sector across the globe has significantly strengthened the electric low speed vehicles market. Global hotel industry investment continues to gradually increase over the forecast period. The hotel investment exceeds in 2014 to USD 54.2 Billion from USD 52 Billion in 2013. Expansion of hotel industry further intensifies the demand for electric vehicles for guest commuting. Global electric low speed vehicle market outlook also includes new business models, product developments and capital investment as the key strategies adopted by the major players for significant expansion of business in developed and as well as in developing countries across the globe. In addition to this, consumers in developed nations are inclining towards low running cost and environment friendly vehicles. Press Release

Golf carts are the major segment of the electric low speed vehicles and the major contributor to the market growth. With growing projects of golf courses in developing regions the demand for new golf carts are set to grow in coming years.

Download Exclusive Sample Report: https://www.goldsteinresearch.com/request-sample/global-electric-low-speed-vehicles-lsv-market-outlook-2024-global-opportunity-and-demand-analysis-market-forecast-2016-2024

Market Segmentation

On the basis of our in-depth analysis, global electric low speed vehicle market can be segmented as follows:

By Vehicle Type

o Neighborhood electric vehicles (NEV)

o Electric golf carts

o Electric personal utility vehicles

o Off road electric vehicles
Press Release

o Commercial electric vehicles

By End Users

o Golf courses

o Airports

o Hotels and resorts

o Residential premises

o Other (Tourist spots etc)

By Geography

o North America (US, Canada) {Market Share (%), Market Size (USD Billion)}

o Europe (UK, France, Italy, Germany, Spain, Hungary, Sweden, Russia, Poland and Rest of Europe) {Market Share (%), Market Size (USD Billion)}

o Middle East and Africa (GCC Countries, North Africa, South Africa and Rest of Middle East & Africa) {Market Share (%), Market Size (USD Billion) }

o Latin America (Brazil, Mexico and Rest of Latin America) {Market Share (%), Market Size (USD Billion) }

o Asia Pacific (China, Japan, India, Singapore, South Korea, Australia, New Zealand and Rest of Asia-Pacific) {Market Share (%), Market Size (USD Billion) }

“Global Electric low speed vehicle Market Outlook 2024” contains detailed overview of the global electric low speed vehicle market. On the basis of our in-depth analysis, market can be segmented in terms of market segmentation by vehicle type and by end users.
Press Release

Further, for the in-depth analysis, Global Electric Low Speed Vehicle Market Analysis encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis.

This market research report also includes competitive outlook of some of the major players profiling of companies such as Textron, Global Electric Motors (GEM), Reva, Zenn Motors, Hitachi Chemicals, Ingersoll Rand, Yamaha motors etc. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments. Overall, the report represents the global electric low speed vehicle market trends along with market forecast that will help industry consultants, technology providers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.

Browse Full Report: https://www.goldsteinresearch.com/report/global-electric-low-speed-vehicles-lsv-market-outlook-2024-global-opportunity-and-demand-analysis-market-forecast-2016-2024

About Goldstein Research

Based in the US, Goldstein Research currently has a strong presence in the American and Asian countries. In the next five years, we strive to expand our reach to 50+ nations spanning across Europe, Asia and parts of the Middle East and Africa. We strive to realize a strong brand presence globally through our quality research and forecasting solutions.

Our mission is simple: to develop insightful business solutions, help our clients make powerful future decisions to keep them well ahead of the game which is the market, and leave a mark across businesses and communities through our well-defined ideas and clear cut forecasts. Our market research reports provide in-depth analysis of global and regional variations along with competitors’ overview. Our analysts working on automotive industry market research reports to help various tech-giants, tech start-ups and entry players to assess the current and upcoming business scenario. We believe in vigorous examination of the current market scenario and build around creative ideas and approaches that are most suitable to our clients’ needs and business agenda.

Contact for more Info:

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UK: +44-203-318-6627

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www.goldsteinresearch.com

 

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Press Release: Global Electric Low Speed Vehicle Market is Expected to Reach USD 7.4 Billion by 2024

Source: Press Release

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