Low Speed Vehicle Market Segmentation
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Research Methodology on Low-Speed Vehicle Market
Introduction
This research paper involves the exploration of the low-speed vehicle market and the analysis of the various factors responsible for the growth of this market. The research methodology outlines the methods and tools that have been utilized in the study. A comprehensive investigation of the current trends, future projections, and developments in the low-speed vehicle market, based on technology, components, application and region, is conducted during this research.
Research Design
The research design adopted for this paper includes the following elements:
Secondary research is conducted through online and offline sources of information such as journals, books, web resources, annual reports, news articles, market intelligence from industry experts, etc. to study and analyze the trends, current market conditions, and growth prospects of the low-speed vehicle market.
Primary research is conducted through interviews and surveys with industry experts and professionals. The data collected from interviews and surveys are used to understand and forecast the low-speed vehicle market’s potential for future growth.
Data Collection
Data is gathered through the primary and secondary sources mentioned above. Various sources such as trade journals, newspaper sources, the internet, corporate reports, and other sources are used to compile the information. Further, the collected data is fed into the statistical models developed to analyze the data and predict the low-speed vehicle market’s future trajectory.
Data Validation Techniques
The collected information is checked for accuracy by applying the triangulation method. Moreover, multiple layers of quality checks are employed throughout the research process to identify and correct errors in the collected data.
Summary
In conclusion, this research outlines the research methodology used to analyze and forecast the growth of the low-speed vehicle market. The research design included the use of both primary and secondary sources of information. Triangulation is employed as a data validation technique.
TABLE OF CONTENTS
1 EXECUTIVE SUMMARY 15
1.1.1 GLOBAL LOW SPEED VEHICLE MARKET, BY POWER OUTPUT 17
1.1.2 GLOBAL LOW SPEED VEHICLE MARKET, BY PROPULSION 18
1.1.3 GLOBAL LOW SPEED VEHICLE MARKET, BY APPLICATION 19
1.1.4 GLOBAL LOW SPEED VEHICLE MARKET, BY REGION 20
2 MARKET INTRODUCTION 21
2.1 DEFINITION 21
2.2 SCOPE OF THE STUDY 21
2.3 RESEARCH OBJECTIVE 21
2.4 MARKET STRUCTURE 22
3 RESEARCH METHODOLOGY 23
3.1 RESEARCH PROCESS 23
3.2 PRIMARY RESEARCH 24
3.3 SECONDARY RESEARCH 25
3.4 MARKET SIZE ESTIMATION 26
3.5 FORECAST MODEL 27
3.6 LIST OF ASSUMPTIONS 28
4 MARKET DYNAMICS 29
4.1 INTRODUCTION 29
4.2 DRIVERS 30
4.2.1 STRICT GOVERNMENT REGULATIONS FOR EMISSIONS 30
4.2.2 GROWTH IN GREEN VEHICLES 30
4.2.3 INCREASED ADOPTION OF LSV IN BOTH THE PUBLIC AND PRIVATE SECTORS FOR TRANSPORTATION 30
4.2.4 DRIVERS IMPACT ANALYSIS 31
4.3 RESTRAINTS 31
4.3.1 HIGH COST OF PRODUCTION 31
4.3.2 LONG RUNNING TIME OF LSVS 31
4.3.3 RESTRAINT IMPACT ANALYSIS 32
4.4 OPPORTUNITIES 32
4.4.1 INTEGRATION OF AUTONOMOUS TECHNOLOGY 32
4.5 COVID 19 IMPACT ANALYSIS 32
4.5.1 IMPACT ON OVERALL AUTOMOTIVE INDUSTRY 32
4.5.2 IMPACT ON GLOBAL LOW SPEED VEHICLE MARKET 33
4.5.2.1 IMPACT ON SUPPLY CHAIN 33
4.5.2.2 PRICE VARIATION OF KEY RAW MATERIAL 33
4.5.2.3 CASH FLOW CONSTRAINTS 33
4.5.2.4 IMPACT ON IMPORT/EXPORT 33
4.5.3 IMPACT ON PRICING 33
5 MARKET FACTOR ANALYSIS 34
5.1 SUPPLY CHAIN ANALYSIS: GLOBAL LOW SPEED VEHICLE MARKET 34
5.1.1 DESIGN AND DEVELOPMENT 34
5.1.2 RAW MATERIAL SUPPLY 35
5.1.3 AUTOMOTIVE COMPONENT/PART SUPPLY 35
5.1.4 DISTRIBUTION 35
5.1.5 END USER 35
5.2 PORTER'S FIVE FORCES MODEL 36
5.2.1 THE THREAT OF NEW ENTRANTS 36
5.2.2 BARGAINING POWER OF SUPPLIERS 37
5.2.3 THREAT OF SUBSTITUTES 37
5.2.4 BARGAINING POWER OF BUYERS 37
5.2.5 INTENSITY OF RIVALRY 37
6 GLOBAL LOW SPEED VEHICLE MARKET, BY POWER OUTPUT 38
6.1 OVERVIEW 38
6.2 <8 KW 39
6.3 8–15 KW 39
6.4 >15 KW 40
7 GLOBAL LOW SPEED VEHICLE MARKET, BY PROPULSION 41
7.1 OVERVIEW 41
7.2 DIESEL 42
7.3 ELECTRIC 42
7.4 GASOLINE 42
8 GLOBAL LOW SPEED VEHICLE MARKET, BY APPLICATION 43
8.1 OVERVIEW 43
8.2 INDUSTRIAL UTILITY VEHICLE 44
8.3 GOLF CART 44
8.4 PERSONNEL CARRIER 45
8.5 PUBLIC TRANSPORT VEHICLE 45
9 GLOBAL LOW SPEED VEHICLE MARKET, BY REGION 46
9.1 OVERVIEW 46
9.2 NORTH AMERICA 48
9.2.1 US 50
9.2.2 CANADA 51
9.2.3 MEXICO 52
9.3 EUROPE 53
9.3.1 GERMANY 55
9.3.2 U.K. 56
9.3.3 FRANCE 57
9.3.4 SPAIN 58
9.3.5 REST OF EUROPE 59
9.4 ASIA-PACIFIC 60
9.4.1 CHINA 62
9.4.2 JAPAN 63
9.4.3 INDIA 64
9.4.4 AUSTRALIA 65
9.4.5 REST OFASIA PACIFIC 66
9.5 REST OF THE WORLD 67
9.5.1 SOUTH AMERICA 69
9.5.2 MIDDLE EAST & AFRICA 70
10 COMPETITIVE LANDSCAPE 71
10.1 INTRODUCTION 71
10.2 COMPETITIVE BENCHMARKING 72
10.3 MARKET SHARE ANALYSIS, 2021 73
10.4 KEY DEVELOPMENT IN THE GLOBAL LOW SPEED VEHICLE MARKET 73
10.4.1 PRODUCT LAUNCH/DEVELOPMENT 73
10.4.2 PARTNERSHIP 74
10.4.3 COLLABORATION 74
11 COMPANY PROFILES 75
11.1 POLARIS INDUSTRIES INC. 75
11.1.1 COMPANY OVERVIEW 75
11.1.2 FINANCIAL OVERVIEW 76
11.1.3 PRODUCTS OFFERED 76
11.1.4 KEY DEVELOPMENTS 77
11.1.5 SWOT ANALYSIS 77
11.1.6 KEY STRATEGIES 78
11.2 TEXTRON INC. 79
11.2.1 COMPANY OVERVIEW 79
11.2.2 FINANCIAL OVERVIEW 80
11.2.3 PRODUCTS OFFERED 81
11.2.4 KEY DEVELOPMENTS 82
11.2.5 SWOT ANALYSIS 82
11.2.6 KEY STRATEGIES 82
11.3 THE TORO COMPANY 83
11.3.1 COMPANY OVERVIEW 83
11.3.2 FINANCIAL OVERVIEW 84
11.3.3 PRODUCTS OFFERED 84
11.3.4 KEY DEVELOPMENTS 85
11.3.5 SWOT ANALYSIS 85
11.3.6 KEY STRATEGIES 85
11.4 YAMAHA GOLF-CARS 86
11.4.1 COMPANY OVERVIEW 86
11.4.2 FINANCIAL OVERVIEW 86
11.4.3 PRODUCTS OFFERED 87
11.4.4 KEY DEVELOPMENTS 87
11.4.5 SWOT ANALYSIS 88
11.4.6 KEY STRATEGIES 88
11.5 DEERE & COMPANY 89
11.5.1 COMPANY OVERVIEW 89
11.5.2 FINANCIAL OVERVIEW 89
11.5.3 PRODUCTS OFFERED 90
11.5.4 KEY DEVELOPMENTS 90
11.5.5 SWOT ANALYSIS 90
11.5.6 KEY STRATEGIES 90
11.6 KUBOTA CORPORATION 91
11.6.1 COMPANY OVERVIEW 91
11.6.2 FINANCIAL OVERVIEW 92
11.6.3 PRODUCTS OFFERED 92
11.6.4 KEY DEVELOPMENTS 93
11.6.5 SWOT ANALYSIS 93
11.6.6 KEY STRATEGIES 93
11.7 COLUMBIA VEHICLE GROUP INC. 94
11.7.1 COMPANY OVERVIEW 94
11.7.2 FINANCIAL OVERVIEW 94
11.7.3 PRODUCTS OFFERED 94
11.7.4 KEY DEVELOPMENTS 95
11.7.5 SWOT ANALYSIS 95
11.7.6 KEY STRATEGIES 95
11.8 CLUB CAR, LLC 96
11.8.1 COMPANY OVERVIEW 96
11.8.2 FINANCIAL OVERVIEW 96
11.8.3 PRODUCTS OFFERED 97
11.8.4 KEY DEVELOPMENTS 98
11.8.5 SWOT ANALYSIS 99
11.8.6 KEY STRATEGIES 99
11.9 HDK ELECTRIC VEHICLES 100
11.9.1 COMPANY OVERVIEW 100
11.9.2 FINANCIAL OVERVIEW 100
11.9.3 PRODUCTS OFFERED 100
11.9.4 KEY DEVELOPMENTS 101
11.9.5 SWOT ANALYSIS 102
11.9.6 KEY STRATEGIES 102
11.10 AMERICAN LANDMASTER 103
11.10.1 COMPANY OVERVIEW 103
11.10.2 FINANCIAL OVERVIEW 103
11.10.3 PRODUCTS OFFERED 103
11.10.4 KEY DEVELOPMENTS 104
11.10.5 SWOT ANALYSIS 104
11.10.6 KEY STRATEGIES 105
LIST OF TABLES
TABLE 1 LIST OF ASSUMPTIONS 28
TABLE 2 GLOBAL LOW SPEED VEHICLE MARKET ESTIMATES & FORECAST, BY POWER OUTPUT, 2018-2032 (USD MILLION) 39
TABLE 3 GLOBAL LOW SPEED VEHICLES MARKET ESTIMATES & FORECAST, BY PROPULSION, 2018-2032 (USD MILLION) 42
TABLE 4 GLOBAL LOW SPEED VEHICLE MARKET ESTIMATES & FORECAST, BY APPLICATION, 2018-2032 (USD MILLION) 44
TABLE 5 GLOBAL LOW SPEED VEHICLE MARKET SIZE, BY REGION, 2018-2032 (USD MILLION) 47
TABLE 6 NORTH AMERICA: LOW SPEED VEHICLE MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION) 48
TABLE 7 NORTH AMERICA LOW SPEED VEHICLE MARKET ESTIMATES & FORECAST, BY POWER OUTPUT, 2018-2032 (USD MILLION) 49
TABLE 8 NORTH AMERICA LOW SPEED VEHICLE MARKET ESTIMATES & FORECAST, BY PROPULSION, 2018-2032 (USD MILLION) 49
TABLE 9 NORTH AMERICA LOW SPEED VEHICLE MARKET ESTIMATES & FORECAST, BY APPLICATION, 2018-2032 (USD MILLION) 49
TABLE 10 US LOW SPEED VEHICLE MARKET ESTIMATES & FORECAST, BY POWER OUTPUT, 2018-2032 (USD MILLION) 50
TABLE 11 US LOW SPEED VEHICLE MARKET ESTIMATES & FORECAST, BY PROPULSION, 2018-2032 (USD MILLION) 50
TABLE 12 US LOW SPEED VEHICLE MARKET ESTIMATES & FORECAST, BY APPLICATION, 2018-2032 (USD MILLION) 50
TABLE 13 CANADA LOW SPEED VEHICLE MARKET ESTIMATES & FORECAST, BY POWER OUTPUT, 2018-2032 (USD MILLION) 51
TABLE 14 CANADA LOW SPEED VEHICLE MARKET ESTIMATES & FORECAST, BY PROPULSION, 2018-2032 (USD MILLION) 51
TABLE 15 CANADA LOW SPEED VEHICLE MARKET ESTIMATES & FORECAST, BY APPLICATION, 2018-2032 (USD MILLION) 51
TABLE 16 MEXICO LOW SPEED VEHICLE MARKET ESTIMATES & FORECAST, BY POWER OUTPUT, 2018-2032 (USD MILLION) 52
TABLE 17 MEXICO LOW SPEED VEHICLE MARKET ESTIMATES & FORECAST, BY PROPULSION, 2018-2032 (USD MILLION) 52
TABLE 18 MEXICO LOW SPEED VEHICLE MARKET ESTIMATES & FORECAST, BY APPLICATION, 2018-2032 (USD MILLION) 52
TABLE 19 EUROPE: LOW SPEED VEHICLE MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION) 53
TABLE 20 EUROPE LOW SPEED VEHICLE MARKET ESTIMATES & FORECAST, BY POWER OUTPUT, 2018-2032 (USD MILLION) 54
TABLE 21 EUROPE LOW SPEED VEHICLE MARKET ESTIMATES & FORECAST, BY PROPULSION, 2018-2032 (USD MILLION) 54
TABLE 22 EUROPE LOW SPEED VEHICLE MARKET ESTIMATES & FORECAST, BY APPLICATION, 2018-2032 (USD MILLION) 54
TABLE 23 GERMANY LOW SPEED VEHICLE MARKET ESTIMATES & FORECAST, BY POWER OUTPUT, 2018-2032 (USD MILLION) 55
TABLE 24 GERMANY LOW SPEED VEHICLE MARKET ESTIMATES & FORECAST, BY PROPULSION, 2018-2032 (USD MILLION) 55
TABLE 25 GERMANY LOW SPEED VEHICLE MARKET ESTIMATES & FORECAST, BY APPLICATION, 2018-2032 (USD MILLION) 55
TABLE 26 U.K. LOW SPEED VEHICLE MARKET ESTIMATES & FORECAST, BY POWER OUTPUT, 2018-2032 (USD MILLION) 56
TABLE 27 U.K. LOW SPEED VEHICLE MARKET ESTIMATES & FORECAST, BY PROPULSION, 2018-2032 (USD MILLION) 56
TABLE 28 U.K. LOW SPEED VEHICLE MARKET ESTIMATES & FORECAST, BY APPLICATION, 2018-2032 (USD MILLION) 56
TABLE 29 FRANCE LOW SPEED VEHICLE MARKET ESTIMATES & FORECAST, BY POWER OUTPUT, 2018-2032 (USD MILLION) 57
TABLE 30 FRANCE LOW SPEED VEHICLE MARKET ESTIMATES & FORECAST, BY PROPULSION, 2018-2032 (USD MILLION) 57
TABLE 31 FRANCE LOW SPEED VEHICLE MARKET ESTIMATES & FORECAST, BY APPLICATION, 2018-2032 (USD MILLION) 57
TABLE 32 SPAIN LOW SPEED VEHICLE MARKET ESTIMATES & FORECAST, BY POWER OUTPUT, 2018-2032 (USD MILLION) 58
TABLE 33 SPAIN LOW SPEED VEHICLE MARKET ESTIMATES & FORECAST, BY PROPULSION, 2018-2032 (USD MILLION) 58
TABLE 34 SPAIN LOW SPEED VEHICLE MARKET ESTIMATES & FORECAST, BY APPLICATION, 2018-2032 (USD MILLION) 58
TABLE 35 REST OF EUROPE LOW SPEED VEHICLE MARKET ESTIMATES & FORECAST, BY POWER OUTPUT, 2018-2032 (USD MILLION) 59
TABLE 36 REST OF EUROPE LOW SPEED VEHICLE MARKET ESTIMATES & FORECAST, BY PROPULSION, 2018-2032 (USD MILLION) 59
TABLE 37 REST OF EUROPE LOW SPEED VEHICLE MARKET ESTIMATES & FORECAST, BY APPLICATION, 2018-2032 (USD MILLION) 59
TABLE 38 ASIA-PACIFIC: LOW SPEED VEHICLE MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION) 60
TABLE 39 ASIA-PACIFIC LOW SPEED VEHICLE MARKET ESTIMATES & FORECAST, BY POWER OUTPUT, 2018-2032 (USD MILLION) 61
TABLE 40 ASIA-PACIFIC LOW SPEED VEHICLE MARKET ESTIMATES & FORECAST, BY PROPULSION, 2018-2032 (USD MILLION) 61
TABLE 41 ASIA-PACIFIC LOW SPEED VEHICLE MARKET ESTIMATES & FORECAST, BY APPLICATION, 2018-2032 (USD MILLION) 61
TABLE 42 CHINA LOW SPEED VEHICLE MARKET ESTIMATES & FORECAST, BY POWER OUTPUT, 2018-2032 (USD MILLION) 62
TABLE 43 CHINA LOW SPEED VEHICLE MARKET ESTIMATES & FORECAST, BY PROPULSION, 2018-2032 (USD MILLION) 62
TABLE 44 CHINA LOW SPEED VEHICLE MARKET ESTIMATES & FORECAST, BY APPLICATION, 2018-2032 (USD MILLION) 62
TABLE 45 INDIA LOW SPEED VEHICLE MARKET ESTIMATES & FORECAST, BY POWER OUTPUT, 2018-2032 (USD MILLION) 63
TABLE 46 INDIA LOW SPEED VEHICLE MARKET ESTIMATES & FORECAST, BY PROPULSION, 2018-2032 (USD MILLION) 63
TABLE 47 JAPAN LOW SPEED VEHICLE MARKET ESTIMATES & FORECAST, BY APPLICATION, 2018-2032 (USD MILLION) 63
TABLE 48 JAPAN LOW SPEED VEHICLE MARKET ESTIMATES & FORECAST, BY POWER OUTPUT, 2018-2032 (USD MILLION) 64
TABLE 49 JAPAN LOW SPEED VEHICLE MARKET ESTIMATES & FORECAST, BY PROPULSION, 2018-2032 (USD MILLION) 64
TABLE 50 INDIA LOW SPEED VEHICLE MARKET ESTIMATES & FORECAST, BY APPLICATION, 2018-2032 (USD MILLION) 64
TABLE 51 SOUTH KOREA LOW SPEED VEHICLE MARKET ESTIMATES & FORECAST, BY POWER OUTPUT, 2018-2032 (USD MILLION) 65
TABLE 52 SOUTH KOREA LOW SPEED VEHICLE MARKET ESTIMATES & FORECAST, BY PROPULSION, 2018-2032 (USD MILLION) 65
TABLE 53 AUSTRALIA LOW SPEED VEHICLE MARKET ESTIMATES & FORECAST, BY APPLICATION, 2018-2032 (USD MILLION) 65
TABLE 54 REST OF ASIA PACIFIC LOW SPEED VEHICLE MARKET ESTIMATES & FORECAST, BY POWER OUTPUT, 2018-2032 (USD MILLION) 66
TABLE 55 REST OF ASIA PACIFIC LOW SPEED VEHICLE MARKET ESTIMATES & FORECAST, BY PROPULSION, 2018-2032 (USD MILLION) 66
TABLE 56 REST OF ASIA PACIFIC LOW SPEED VEHICLE MARKET ESTIMATES & FORECAST, BY APPLICATION, 2018-2032 (USD MILLION) 66
TABLE 57 REST OF THE WORLD: LOW SPEED VEHICLE MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION) 67
TABLE 58 REST OF THE WORLD LOW SPEED VEHICLE MARKET ESTIMATES & FORECAST, BY POWER OUTPUT, 2018-2032 (USD MILLION) 68
TABLE 59 REST OF THE WORLD LOW SPEED VEHICLE MARKET ESTIMATES & FORECAST, BY PROPULSION, 2018-2032 (USD MILLION) 68
TABLE 60 REST OF THE WORLD LOW SPEED VEHICLE MARKET ESTIMATES & FORECAST, BY APPLICATION, 2018-2032 (USD MILLION) 68
TABLE 61 SOUTH AMERICA LOW SPEED VEHICLE MARKET ESTIMATES & FORECAST, BY POWER OUTPUT, 2018-2032 (USD MILLION) 69
TABLE 62 SOUTH AMERICA LOW SPEED VEHICLE MARKET ESTIMATES & FORECAST, BY PROPULSION, 2018-2032 (USD MILLION) 69
TABLE 63 SOUTH AMERICA LOW SPEED VEHICLE MARKET ESTIMATES & FORECAST, BY APPLICATION, 2018-2032 (USD MILLION) 69
TABLE 64 MIDDLE EAST & AFRICA LOW SPEED VEHICLE MARKET ESTIMATES & FORECAST, BY POWER OUTPUT, 2018-2032 (USD MILLION) 70
TABLE 65 MIDDLE EAST & AFRICA LOW SPEED VEHICLE MARKET ESTIMATES & FORECAST, BY PROPULSION, 2018-2032 (USD MILLION) 70
TABLE 66 MIDDLE EAST & AFRICA LOW SPEED VEHICLE MARKET ESTIMATES & FORECAST, BY APPLICATION, 2018-2032 (USD MILLION) 70
TABLE 67 PRODUCT LAUNCH/DEVELOPMENT 73
TABLE 68 PARTNERSHIP 74
TABLE 69 COLLABORATION 74
TABLE 70 POLARIS INDUSTRIES INC.: PRODUCTS OFFERED 76
TABLE 71 POLARIS INDUSTRIES INC.: KEY DEVELOPMENTS 77
TABLE 72 TEXTRON INC.: PRODUCTS OFFERED 81
TABLE 73 THE TORO COMPANY: PRODUCTS OFFERED 84
TABLE 74 YAMAHA GOLF-CARS: PRODUCTS OFFERED 87
TABLE 75 YAMAHA GOLF-CARS: KEY DEVELOPMENTS 87
TABLE 76 DEERE & COMPANY: PRODUCTS OFFERED 90
TABLE 77 KUBOTA CORPORATION.: PRODUCTS OFFERED 92
TABLE 78 KUBOTA CORPORATION: KEY DEVELOPMENTS 93
TABLE 79 COLUMBIA VEHICLE GROUP INC.: PRODUCTS OFFERED 94
TABLE 80 COLUMBIA VEHICLE GROUP INC.: KEY DEVELOPMENTS 95
TABLE 81 CLUB CAR LLC.: PRODUCTS OFFERED 97
TABLE 82 CLUB CAR, LLC.: KEY DEVELOPMENTS 98
TABLE 83 HDK ELECTRIC VEHICLES: PRODUCTS OFFERED 100
TABLE 84 HDK ELECTRIC VEHICLES: KEY DEVELOPMENTS 101
TABLE 85 AMERICAN LANDMASTER: PRODUCTS OFFERED 103
TABLE 86 AMERICAN LANDMASTER: KEY DEVELOPMENTS 104
LIST OF FIGURES
FIGURE 1 MARKET SYNOPSIS 16
FIGURE 2 GLOBAL LOW SPEED VEHICLE MARKET ANALYSIS, BY POWER OUTPUT 17
FIGURE 3 GLOBAL LOW SPEED VEHICLE MARKET ANALYSIS, BY PROPULSION 18
FIGURE 4 GLOBAL LOW SPEED VEHICLE MARKET ANALYSIS, BY APPLICATION 19
FIGURE 5 GLOBAL LOW SPEED VEHICLE MARKET ANALYSIS, BY REGION 20
FIGURE 6 GLOBAL LOW SPEED VEHICLE MARKET: STRUCTURE 22
FIGURE 7 RESEARCH PROCESS 23
FIGURE 8 TOP-DOWN & BOTTOM-UP APPROACHES 26
FIGURE 9 DRO ANALYSIS OF THE GLOBAL LOW SPEED VEHICLE MARKET 29
FIGURE 10 DRIVERS IMPACT ANALYSIS: GLOBAL LOW SPEED VEHICLE MARKET 31
FIGURE 11 RESTRAINT IMPACT ANALYSIS: GLOBAL LOW SPEED VEHICLE MARKET 32
FIGURE 12 SUPPLY CHAIN: GLOBAL LOW SPEED VEHICLE MARKET 34
FIGURE 13 PORTER'S FIVE FORCES ANALYSIS OF THE GLOBAL LOW SPEED VEHICLE MARKET 36
FIGURE 14 GLOBAL LOW SPEED VEHICLE MARKET, BY POWER OUTPUT, 2021 (% SHARE) 38
FIGURE 15 GLOBAL LOW SPEED VEHICLE MARKET, BY POWER OUTPUT, 2018 TO 2032 (USD MILLION) 38
FIGURE 16 GLOBAL LOW SPEED VEHICLE MARKET, BY PROPULSION, 2021 (% SHARE) 41
FIGURE 17 GLOBAL LOW SPEED VEHICLES MARKET, BY PROPULSION, 2018 TO 2032 (USD MILLION) 41
FIGURE 18 GLOBAL LOW SPEED VEHICLE MARKET, BY APPLICATION, 2021 (% SHARE) 43
FIGURE 19 GLOBAL LOW SPEED VEHICLE MARKET, BY APPLICATION, 2018 TO 2032 (USD MILLION) 43
FIGURE 20 GLOBAL LOW SPEED VEHICLE MARKET, BY REGION, 2021 (% SHARE) 46
FIGURE 21 GLOBAL LOW SPEED VEHICLE MARKET, BY REGION, 2018 TO 2032 (USD MILLION) 47
FIGURE 22 NORTH AMERICA: LOW SPEED VEHICLE MARKET SHARE, BY COUNTRY, 2021 (% SHARE) 48
FIGURE 23 EUROPE: LOW SPEED VEHICLE MARKET SHARE, BY COUNTRY, 2021 (% SHARE) 53
FIGURE 24 ASIA-PACIFIC: LOW SPEED VEHICLE MARKET SHARE, BY COUNTRY, 2021 (% SHARE) 60
FIGURE 25 REST OF THE WORLD: LOW SPEED VEHICLE MARKET SHARE, BY COUNTRY, 2021 (% SHARE) 67
FIGURE 26 BENCHMARKING OF MAJOR COMPETITORS 72
FIGURE 27 MARKET SHARE ANALYSIS, 2021 (%) 73
FIGURE 28 POLARIS INDUSTRIES INC.: FINANCIAL OVERVIEW SNAPSHOT 76
FIGURE 29 POLARIS INDUSTRIES INC.: SWOT ANALYSIS 77
FIGURE 30 TEXTRON INC.: FINANCIAL OVERVIEW SNAPSHOT) 80
FIGURE 31 TEXTRON INC.: SWOT ANALYSIS 82
FIGURE 32 THE TORO COMPANY: FINANCIAL OVERVIEW SNAPSHOT 84
FIGURE 33 THE TORO COMPANY: SWOT ANALYSIS 85
FIGURE 34 YAMAHA MOTOR CO. LTD. (PARENT ORGANIZATION): FINANCIAL OVERVIEW SNAPSHOT 86
FIGURE 35 YAMAHA GOLF-CARS: SWOT ANALYSIS 88
FIGURE 36 DEERE & COMPANY: FINANCIAL OVERVIEW SNAPSHOT 89
FIGURE 37 DEERE & COMPANY: SWOT ANALYSIS 90
FIGURE 38 KUBOTA CORPORATION.: FINANCIAL OVERVIEW SNAPSHOT 92
FIGURE 39 KUBOTA CORPORATION: SWOT ANALYSIS 93
FIGURE 40 COLUMBIA VEHICLE GROUP INC.: SWOT ANALYSIS 95
FIGURE 41 INGERSOLL RAND (PARENTAL BRAND OF CLUB CAR, LLC): FINANCIAL OVERVIEW SNAPSHOT 96
FIGURE 42 CLUB CAR, LLC: SWOT ANALYSIS 99
FIGURE 43 HDK ELECTRIC VEHICLES: SWOT ANALYSIS 102
FIGURE 44 AMERICAN LANDMASTER: SWOT ANALYSIS 104
Senior Research Analyst She has over 5 years of rich experience, in market research and consulting providing valuable market insights to client. hands on expertise in management consulting, and extensive knowledge in domain including ict, automotive & transportation and aerospace & defense. she is skilled in go-to market strategy, industry analysis, market sizing, in depth company profiling, competitive intelligence & benchmarking and value chain amongst others.
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