Micro Electric Vehicle Market by Type, Application and Geography - Forecast and Analysis 2023-2027
- Published: Feb 2023
- Pages: 167
- SKU: IRTNTR71063
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The micro electric vehicle (EV) market is estimated to grow at a CAGR of 8.02% between 2022 and 2027. The size of the market is forecast to increase by 1,542.22 thousand units. The growth of the market depends on several factors, including the dedicated consortium for the development of micro-electric vehicles: All-new designs and vehicle platforms drive demand, the government subsidies to manufacturers of micro-electric vehicles are encouraging micro EV designers, and the technological advances in manufacturing Li-ion battery and minimum maintenance costs: Leading to more reliability
This report extensively covers market segmentation by type (golf and micro cars and quadricycle), application (commercial, personal, and public utilities), and geography (North America, APAC, Europe, South America, and Middle East and Africa). It also includes an in-depth analysis of drivers, trends, and challenges. Furthermore, the report includes historic market data from 2017 to 2021.
What will be the size of the Micro Electric Vehicle Market During the Forecast Period?
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Parent Market Analysis
Technavio categorizes the global micro-electric vehicle (EV) market as a part of the global automotive market under the global automobiles and components industry. The parent market, the global automotive market, covers companies engaged in the production of vehicles such as passenger cars, commercial vehicles, and all-terrain vehicles. It does not include manufacturers of motorcycles, scooters, e-bikes, trikes, and three-wheelers. Our research report has extensively covered external factors influencing the parent market growth during the forecast period.
Micro Electric Vehicle Market: Key Drivers, Trends, Challenges, and Customer Landscape
The technological advances in manufacturing Li-ion batteries and minimum maintenance costs which lead to more reliability are notably driving the market growth, although factors such as the power grids serving as a source to electric vehicles are indirectly polluting the environment and may impede the market growth. Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
Key Micro Electric Vehicle Market Driver
Technological advances in lithium-ion battery manufacturing and minimal maintenance costs leading to improved reliability are key factors driving the growth of the global micro EV market. The Li-ion battery is a type of rechargeable battery mainly used in consumer electronics. These batteries have been used in military, electric vehicles, and aerospace applications. The energy density of Li-ion batteries is higher compared with lead-acid batteries and nickel-metal hydride batteries. Li-ion batteries have replaced the earlier versions of batteries used in golf carts and utility vehicles. They are compact, lightweight, and safer compared with lead-acid and nickel-metal hydride batteries.
As these batteries are slim and compact, the installation process is much simpler, which also makes the designing and planning of a vehicle body an easier process. Li-ion batteries are being used in various sectors, and so multiple R & D activities have been initiated to improve their performance and lifecycle. The use of advanced technologies, such as technical advances in cathodes, anodes, and electrolytes in Li-ion batteries, may boost the storage capacities of these batteries. Such factors are expected to propel the growth of the market in focus during the forecast period.
Significant Micro Electric Vehicle Market Trend
The leading automakers and urban mobility solution providers working on the development of micro electric vehicles for the mass market is the primary trend in the global micro EV market growth. The numerous advantages of micro electric vehicles have seen major automakers entering the arena with their developments. The popularity of such vehicles is pushing automakers to meet the demand of customers in different geographic regions. Moreover, micro Mobility Systems, a Switzerland-based company, is dedicated to developing new urban mobility solutions and is working to re-launch the electric version of one of the most famous automotive creations of the 1950s, the BMW Isetta. The company is working on the prototype electric version of the small car, which would be called Microlino, in the market.
According to industry experts, it would be classified as an L7e motorized quadricycle that would be similar to Renault Twizy. The electric version of Isetta has already gained popularity among interested customers, and the company is expecting more reservations each passing day. It is reportedly stated that the car would have a top speed of more than 60 miles an hour with a driving range of more than 65 miles per charge. Such factors are expected to propel the growth of the market focus during the forecast period.
Major Micro Electric Vehicle Market Challenge
Power grids serving as a source of electric vehicles are indirectly polluting the environment is a major challenge to the growth of the global micro EV market. The automotive industry is still concerned about the indirect effects of electric vehicles on the natural environment and on human beings. According to some automotive experts and scientists, electric vehicles do not pollute the environment directly. However, energy infrastructure such as power grids driven by coal leads to air pollution. The power grids powered by coal as a source of energy release large amounts of harmful gases, leading to low quality of air and health-related problems in human beings. It has also been found that the production of electric car batteries pollutes the natural environment.
In addition, though battery technology is continuously evolving both in terms of technology and the production process, concerns remain for the current power grids powered by coal and their negative impact on the environment. According to scientists, they cause almost equal levels of pollution (or more) compared with those generated by gasoline-powered vehicles. Hence, we expect such indirect harmful effects of electric vehicles to hinder the growth of the global micro electric vehicle market during the forecast period.
Key Micro Electric Vehicle Market Customer Landscape
The report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.
Global Micro Electric Vehicle Market Customer Landscape
Who are the Major Micro Electric Vehicle Market Vendors?
Vendors are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
AYRO Inc: The company offers micro electric vehicles such as AYRO Vanish. Also, the company offers micro electric vehicles such as AYRO Vanish.
The report also includes detailed analyses of the competitive landscape of the market and information about 15 market vendors, including:
- Alta Zero Emissions Solutions Inc.
- Bayerische Motoren Werke AG
- Bintelli Electric Vehicles
- BYD Electronic Co. Ltd.
- Electrameccanica Vehicles Corp.
- Elio Motors Inc.
- G H Varley Pty Ltd.
- Hyundai Motor Co.
- Italcar Industrial Srl
- Mahindra and Mahindra Ltd.
- Mercedes Benz Group AG
- Microlino AG
- PMV Electric Pvt. Ltd.
- Polaris Inc.
- Renault SAS
Qualitative and quantitative analysis of vendors has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize vendors as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize vendors as dominant, leading, strong, tentative, and weak.
What is the Fastest-Growing Segment in the Micro Electric Vehicle (EV) Market?
The market share growth by the golf and micro cars segment will be significant during the forecast period. A golf cart is a small vehicle designed to carry golfers and their accessories around the golf course. Golf courses are expansive parcels of land, and some golfers get tired walking a whole course. Such vehicles are designed to reduce the fatigue caused by walking. Advances in technology and growing interest in golf have boosted sales of golf carts over the past few years. In addition, different types of golf carts are available, powered by gasoline and electric technologies, which will drive segment growth during the forecast period.
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The golf and micro cars segment was valued at 2,127.62 thousand units in 2017 and continue to grow by 2021. The golf carts and micro cars segments dominate the global micro electric vehicles market, contributing 80% of the total market. This is because of the increased sales of club cars, such as golf carts and personal utility vehicles, in North America and Europe, along with micro cars having a maximum power rating of up to 15 kWh. Moreover, the golf and micro cars segment of the market is anticipated to grow at a CAGR of 6.98%, during the forecast period. This is because of the high demand for neighborhood electric vehicles and club cars, including golf carts and personal utility vehicles in developed regions like the US, Europe, and China, among others. In addition, the demand for golf carts is growing consistently with the growing popularity of golf worldwide, which is visible with the increasing volume of sales of golf carts. Such factors will increase the market growth during the forecast period
Which are the Key Regions for the Micro Electric Vehicle Market?
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North America is estimated to contribute 47% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. North America accounts for the majority of the micro-electric vehicle market in the region as it has a strong market presence. The market in North America receives the majority of its revenue from countries like the US and Canada, where there is strong demand for quadricycles, electric golf carts, and mobility vehicles for people with disabilities. In some states of the US, micro electric vehicles were formerly known as neighborhood electric vehicles. The US government has the major task of reducing greenhouse gas emissions and the country's carbon footprint. To that end, it has introduced multiple subsidies and incentives to drive the market demand for micro electric vehicles. In addition, the US government is undertaking many initiatives to support the automotive industry. The statistics indicate that more than 50% of intercity drive lasts for less than 15 minutes, which represents volumes about the driving dynamics in the region. Micro electric vehicles (such as neighborhood electric vehicles) represent a suitable mode of transportation for such driving environments. These factors are contributing to a rise in demand for micro electric vehicles in the region.
The market in North America witnessed a temporary decline owing to the COVID-19 pandemic in 2020 and early 2021. However, in 2021, the resumption of vehicle production in top vehicle-manufacturing countries in the region, such as the US and Canada, from August 2020 resulted in an uptick in the regional micro-electric vehicle market. Also, with vaccination drives and the easing of lockdowns, operations return to normalcy in 2021 and are expected to improve further during the forecast period. Thus, the market in the region will witness a V-shaped recovery during the forecast period.
Segment Overview
The report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027.
- Type Outlook (thousand units, 2017 - 2027)
- Golf and micro cars
- Quadricycle
- Application Outlook (thousand units, 2017 - 2027)
- Commercial
- Personal
- Public utilities
- Region Outlook (thousand units, 2017 - 2027)
- North America
- The U.S.
- Canada
- Europe
- The U.K.
- Germany
- France
- Rest of Europe
- APAC
- China
- India
- South America
- Chile
- Argentina
- Brazil
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of the Middle East & Africa
- North America
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Micro Electric Vehicle Market Scope |
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|
Report Coverage |
Details |
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Page number |
167 |
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Base year |
2022 |
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Historic period |
2017-2021 |
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Forecast period |
2023-2027 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 8.02% |
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Market growth 2023-2027 |
1,542.22 thousand units |
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Market structure |
Fragmented |
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YoY growth 2022-2023(%) |
6.76 |
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Regional analysis |
North America, APAC, Europe, South America, and Middle East and Africa |
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Performing market contribution |
North America at 47% |
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Key countries |
US, Canada, Japan, UK, and Germany |
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Competitive landscape |
Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks |
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Key companies profiled |
Alta Zero Emissions Solutions Inc., AYRO Inc., Bayerische Motoren Werke AG, Bintelli Electric Vehicles, BYD Electronic Co. Ltd., Electrameccanica Vehicles Corp., Elio Motors Inc., G H Varley Pty Ltd., Hyundai Motor Co., Italcar Industrial Srl, Mahindra and Mahindra Ltd., Mercedes Benz Group AG, Microlino AG, PMV Electric Pvt. Ltd., Polaris Inc., Renault SAS, Shandong Baoya, Shifeng Group Co. Ltd., Textron Inc., and Yamaha Motor Co. Ltd. |
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Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period. |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
What are the Key Data Covered in this Micro Electric Vehicle Market Report?
- CAGR of the market during the forecast period
- Detailed information on factors that will drive the growth of the micro-electric vehicle market between 2023 and 2027
- Precise estimation of the micro electric vehicle market size and its contribution to the parent market
- Accurate predictions about upcoming trends and changes in consumer behavior
- Growth of the market industry across North America, APAC, Europe, South America, and the Middle East and Africa
- Thorough analysis of the market’s competitive landscape and detailed information about vendors
- Comprehensive analysis of factors that will challenge the growth of micro-electric vehicle market vendors
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1 Executive Summary
- 1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by Type
- Exhibit 06: Executive Summary – Chart on Market Segmentation by Application
- Exhibit 07: Executive Summary – Chart on Incremental Growth
- Exhibit 08: Executive Summary – Data Table on Incremental Growth
- Exhibit 09: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 10: Parent market
- Exhibit 11: Market Characteristics
3 Market Sizing
- 3.1 Market definition
- Exhibit 12: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 13: Market segments
- 3.3 Market size 2022
- 3.4 Market outlook: Forecast for 2022-2027
- Exhibit 14: Chart on Global - Market size and forecast 2022-2027 (thousand units)
- Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 (thousand units)
- Exhibit 16: Chart on Global Market- Year-over-year growth 2022-2027 (%)
- Exhibit 17: Data Table on Global Market- Year-over-year growth 2022-2027 (%)
4 Historic Market Size
- 4.1 Global micro electric vehicle market 2017 - 2021
- Exhibit 18: Historic Market Size – Data Table on Global micro electric vehicle market 2017 - 2021 (thousand units)
- 4.2 Type Segment Analysis 2017 - 2021
- Exhibit 19: Historic Market Size – Type Segment 2017 - 2021 (thousand units)
- 4.3 Application Segment Analysis 2017 - 2021
- Exhibit 20: Historic Market Size – Application Segment 2017 - 2021 (thousand units)
- 4.4 Geography Segment Analysis 2017 - 2021
- Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 (thousand units)
- 4.5 Country Segment Analysis 2017 - 2021
- Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 (thousand units)
5 Five Forces Analysis
- 5.1 Five forces summary
- Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
- 5.2 Bargaining power of buyers
- Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
- 5.3 Bargaining power of suppliers
- Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
- 5.4 Threat of new entrants
- Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
- 5.5 Threat of substitutes
- Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
- 5.6 Threat of rivalry
- Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
- 5.7 Market condition
- Exhibit 29: Chart on Market condition - Five forces 2022 and 2027
6 Market Segmentation by Type
- 6.1 Market segments
- Exhibit 30: Chart on Type - Market share 2022-2027 (%)
- Exhibit 31: Data Table on Type - Market share 2022-2027 (%)
- 6.2 Comparison by Type
- Exhibit 32: Chart on Comparison by Type
- Exhibit 33: Data Table on Comparison by Type
- 6.3 Golf and micro cars - Market size and forecast 2022-2027
- Exhibit 34: Chart on Golf and micro cars - Market size and forecast 2022-2027 (thousand units)
- Exhibit 35: Data Table on Golf and micro cars - Market size and forecast 2022-2027 (thousand units)
- Exhibit 36: Chart on Golf and micro cars - Year-over-year growth 2022-2027 (%)
- Exhibit 37: Data Table on Golf and micro cars - Year-over-year growth 2022-2027 (%)
- 6.4 Quadricycle - Market size and forecast 2022-2027
- Exhibit 38: Chart on Quadricycle - Market size and forecast 2022-2027 (thousand units)
- Exhibit 39: Data Table on Quadricycle - Market size and forecast 2022-2027 (thousand units)
- Exhibit 40: Chart on Quadricycle - Year-over-year growth 2022-2027 (%)
- Exhibit 41: Data Table on Quadricycle - Year-over-year growth 2022-2027 (%)
- 6.5 Market opportunity by Type
- Exhibit 42: Market opportunity by Type (thousand units)
7 Market Segmentation by Application
- 7.1 Market segments
- Exhibit 43: Chart on Application - Market share 2022-2027 (%)
- Exhibit 44: Data Table on Application - Market share 2022-2027 (%)
- 7.2 Comparison by Application
- Exhibit 45: Chart on Comparison by Application
- Exhibit 46: Data Table on Comparison by Application
- 7.3 Commercial - Market size and forecast 2022-2027
- Exhibit 47: Chart on Commercial - Market size and forecast 2022-2027 (thousand units)
- Exhibit 48: Data Table on Commercial - Market size and forecast 2022-2027 (thousand units)
- Exhibit 49: Chart on Commercial - Year-over-year growth 2022-2027 (%)
- Exhibit 50: Data Table on Commercial - Year-over-year growth 2022-2027 (%)
- 7.4 Personal - Market size and forecast 2022-2027
- Exhibit 51: Chart on Personal - Market size and forecast 2022-2027 (thousand units)
- Exhibit 52: Data Table on Personal - Market size and forecast 2022-2027 (thousand units)
- Exhibit 53: Chart on Personal - Year-over-year growth 2022-2027 (%)
- Exhibit 54: Data Table on Personal - Year-over-year growth 2022-2027 (%)
- 7.5 Public utilities - Market size and forecast 2022-2027
- Exhibit 55: Chart on Public utilities - Market size and forecast 2022-2027 (thousand units)
- Exhibit 56: Data Table on Public utilities - Market size and forecast 2022-2027 (thousand units)
- Exhibit 57: Chart on Public utilities - Year-over-year growth 2022-2027 (%)
- Exhibit 58: Data Table on Public utilities - Year-over-year growth 2022-2027 (%)
- 7.6 Market opportunity by Application
- Exhibit 59: Market opportunity by Application (thousand units)
8 Customer Landscape
- 8.1 Customer landscape overview
- Exhibit 60: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Geographic Landscape
- 9.1 Geographic segmentation
- Exhibit 61: Chart on Market share by geography 2022-2027 (%)
- Exhibit 62: Data Table on Market share by geography 2022-2027 (%)
- 9.2 Geographic comparison
- Exhibit 63: Chart on Geographic comparison
- Exhibit 64: Data Table on Geographic comparison
- 9.3 North America - Market size and forecast 2022-2027
- Exhibit 65: Chart on North America - Market size and forecast 2022-2027 (thousand units)
- Exhibit 66: Data Table on North America - Market size and forecast 2022-2027 (thousand units)
- Exhibit 67: Chart on North America - Year-over-year growth 2022-2027 (%)
- Exhibit 68: Data Table on North America - Year-over-year growth 2022-2027 (%)
- 9.4 APAC - Market size and forecast 2022-2027
- Exhibit 69: Chart on APAC - Market size and forecast 2022-2027 (thousand units)
- Exhibit 70: Data Table on APAC - Market size and forecast 2022-2027 (thousand units)
- Exhibit 71: Chart on APAC - Year-over-year growth 2022-2027 (%)
- Exhibit 72: Data Table on APAC - Year-over-year growth 2022-2027 (%)
- 9.5 Europe - Market size and forecast 2022-2027
- Exhibit 73: Chart on Europe - Market size and forecast 2022-2027 (thousand units)
- Exhibit 74: Data Table on Europe - Market size and forecast 2022-2027 (thousand units)
- Exhibit 75: Chart on Europe - Year-over-year growth 2022-2027 (%)
- Exhibit 76: Data Table on Europe - Year-over-year growth 2022-2027 (%)
- 9.6 South America - Market size and forecast 2022-2027
- Exhibit 77: Chart on South America - Market size and forecast 2022-2027 (thousand units)
- Exhibit 78: Data Table on South America - Market size and forecast 2022-2027 (thousand units)
- Exhibit 79: Chart on South America - Year-over-year growth 2022-2027 (%)
- Exhibit 80: Data Table on South America - Year-over-year growth 2022-2027 (%)
- 9.7 Middle East and Africa - Market size and forecast 2022-2027
- Exhibit 81: Chart on Middle East and Africa - Market size and forecast 2022-2027 (thousand units)
- Exhibit 82: Data Table on Middle East and Africa - Market size and forecast 2022-2027 (thousand units)
- Exhibit 83: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
- Exhibit 84: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
- 9.8 US - Market size and forecast 2022-2027
- Exhibit 85: Chart on US - Market size and forecast 2022-2027 (thousand units)
- Exhibit 86: Data Table on US - Market size and forecast 2022-2027 (thousand units)
- Exhibit 87: Chart on US - Year-over-year growth 2022-2027 (%)
- Exhibit 88: Data Table on US - Year-over-year growth 2022-2027 (%)
- 9.9 Japan - Market size and forecast 2022-2027
- Exhibit 89: Chart on Japan - Market size and forecast 2022-2027 (thousand units)
- Exhibit 90: Data Table on Japan - Market size and forecast 2022-2027 (thousand units)
- Exhibit 91: Chart on Japan - Year-over-year growth 2022-2027 (%)
- Exhibit 92: Data Table on Japan - Year-over-year growth 2022-2027 (%)
- 9.10 Canada - Market size and forecast 2022-2027
- Exhibit 93: Chart on Canada - Market size and forecast 2022-2027 (thousand units)
- Exhibit 94: Data Table on Canada - Market size and forecast 2022-2027 (thousand units)
- Exhibit 95: Chart on Canada - Year-over-year growth 2022-2027 (%)
- Exhibit 96: Data Table on Canada - Year-over-year growth 2022-2027 (%)
- 9.11 UK - Market size and forecast 2022-2027
- Exhibit 97: Chart on UK - Market size and forecast 2022-2027 (thousand units)
- Exhibit 98: Data Table on UK - Market size and forecast 2022-2027 (thousand units)
- Exhibit 99: Chart on UK - Year-over-year growth 2022-2027 (%)
- Exhibit 100: Data Table on UK - Year-over-year growth 2022-2027 (%)
- 9.12 Germany - Market size and forecast 2022-2027
- Exhibit 101: Chart on Germany - Market size and forecast 2022-2027 (thousand units)
- Exhibit 102: Data Table on Germany - Market size and forecast 2022-2027 (thousand units)
- Exhibit 103: Chart on Germany - Year-over-year growth 2022-2027 (%)
- Exhibit 104: Data Table on Germany - Year-over-year growth 2022-2027 (%)
- 9.13 Market opportunity by geography
- Exhibit 105: Market opportunity by geography (thousand units)
10 Drivers, Challenges, and Trends
- 10.1 Market drivers
- 10.2 Market challenges
- 10.3 Impact of drivers and challenges
- Exhibit 106: Impact of drivers and challenges in 2022 and 2027
- 10.4 Market trends
11 Vendor Landscape
- 11.1 Overview
- 11.2 Vendor landscape
- Exhibit 107: Overview on Criticality of inputs and Factors of differentiation
- 11.3 Landscape disruption
- Exhibit 108: Overview on factors of disruption
- 11.4 Industry risks
- Exhibit 109: Impact of key risks on business
12 Vendor Analysis
- 12.1 Vendors covered
- Exhibit 110: Vendors covered
- 12.2 Market positioning of vendors
- Exhibit 111: Matrix on vendor position and classification
- 12.3 AYRO Inc.
- Exhibit 112: AYRO Inc. - Overview
- Exhibit 113: AYRO Inc. - Product / Service
- Exhibit 114: AYRO Inc. - Key offerings
- 12.4 Bayerische Motoren Werke AG
- Exhibit 115: Bayerische Motoren Werke AG - Overview
- Exhibit 116: Bayerische Motoren Werke AG - Business segments
- Exhibit 117: Bayerische Motoren Werke AG - Key news
- Exhibit 118: Bayerische Motoren Werke AG - Key offerings
- Exhibit 119: Bayerische Motoren Werke AG - Segment focus
- 12.5 Bintelli Electric Vehicles
- Exhibit 120: Bintelli Electric Vehicles - Overview
- Exhibit 121: Bintelli Electric Vehicles - Product / Service
- Exhibit 122: Bintelli Electric Vehicles - Key offerings
- 12.6 BYD Electronic Co. Ltd.
- Exhibit 123: BYD Electronic Co. Ltd. - Overview
- Exhibit 124: BYD Electronic Co. Ltd. - Business segments
- Exhibit 125: BYD Electronic Co. Ltd. - Key news
- Exhibit 126: BYD Electronic Co. Ltd. - Key offerings
- Exhibit 127: BYD Electronic Co. Ltd. - Segment focus
- 12.7 Electrameccanica Vehicles Corp.
- Exhibit 128: Electrameccanica Vehicles Corp. - Overview
- Exhibit 129: Electrameccanica Vehicles Corp. - Business segments
- Exhibit 130: Electrameccanica Vehicles Corp. - Key offerings
- Exhibit 131: Electrameccanica Vehicles Corp. - Segment focus
- 12.8 Elio Motors Inc.
- Exhibit 132: Elio Motors Inc. - Overview
- Exhibit 133: Elio Motors Inc. - Product / Service
- Exhibit 134: Elio Motors Inc. - Key offerings
- 12.9 Italcar Industrial Srl
- Exhibit 135: Italcar Industrial Srl - Overview
- Exhibit 136: Italcar Industrial Srl - Product / Service
- Exhibit 137: Italcar Industrial Srl - Key offerings
- 12.10 Mercedes Benz Group AG
- Exhibit 138: Mercedes Benz Group AG - Overview
- Exhibit 139: Mercedes Benz Group AG - Product / Service
- Exhibit 140: Mercedes Benz Group AG - Key offerings
- 12.11 Microlino AG
- Exhibit 141: Microlino AG - Overview
- Exhibit 142: Microlino AG - Product / Service
- Exhibit 143: Microlino AG - Key offerings
- 12.12 PMV Electric Pvt. Ltd.
- Exhibit 144: PMV Electric Pvt. Ltd. - Overview
- Exhibit 145: PMV Electric Pvt. Ltd. - Product / Service
- Exhibit 146: PMV Electric Pvt. Ltd. - Key offerings
- 12.13 Polaris Inc.
- Exhibit 147: Polaris Inc. - Overview
- Exhibit 148: Polaris Inc. - Business segments
- Exhibit 149: Polaris Inc. - Key offerings
- Exhibit 150: Polaris Inc. - Segment focus
- 12.14 Renault SAS
- Exhibit 151: Renault SAS - Overview
- Exhibit 152: Renault SAS - Product / Service
- Exhibit 153: Renault SAS - Key news
- Exhibit 154: Renault SAS - Key offerings
- 12.15 Shandong Baoya
- Exhibit 155: Shandong Baoya - Overview
- Exhibit 156: Shandong Baoya - Product / Service
- Exhibit 157: Shandong Baoya - Key offerings
- 12.16 Textron Inc.
- Exhibit 158: Textron Inc. - Overview
- Exhibit 159: Textron Inc. - Business segments
- Exhibit 160: Textron Inc. - Key news
- Exhibit 161: Textron Inc. - Key offerings
- Exhibit 162: Textron Inc. - Segment focus
- 12.17 Yamaha Motor Co. Ltd.
- Exhibit 163: Yamaha Motor Co. Ltd. - Overview
- Exhibit 164: Yamaha Motor Co. Ltd. - Business segments
- Exhibit 165: Yamaha Motor Co. Ltd. - Key offerings
- Exhibit 166: Yamaha Motor Co. Ltd. - Segment focus
13 Appendix
- 13.1 Scope of the report
- 13.2 Inclusions and exclusions checklist
- Exhibit 167: Inclusions checklist
- Exhibit 168: Exclusions checklist
- 13.3 Currency conversion rates for US$
- Exhibit 169: Currency conversion rates for US$
- 13.4 Research methodology
- Exhibit 170: Research methodology
- Exhibit 171: Validation techniques employed for market sizing
- Exhibit 172: Information sources
- 13.5 List of abbreviations
- Exhibit 173: List of abbreviations
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
- Manufacturers and suppliers
- Channel partners
- Industry experts
- Strategic decision makers
Secondary sources
- Industry journals and periodicals
- Government data
- Financial reports of key industry players
- Historical data
- Press releases
DATA ANALYSIS
Data Synthesis
- Collation of data
- Estimation of key figures
- Analysis of derived insights
Data Validation
- Triangulation with data models
- Reference against proprietary databases
- Corroboration with industry experts
REPORT WRITING
Qualitative
- Market drivers
- Market challenges
- Market trends
- Five forces analysis
Quantitative
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape
Frequently Asked Questions?
- US
- Canada
- Japan
- UK
- Germany
- Dedicated consortium for development of micro electric vehicles: All-new designs and vehicle platforms drive demand
- Improved Li-ion batteries, lighter construction, and increasing automation for improved drivability and maneuverability
Key Questions Answered
- What are the key global market and the regional market share?
- What are the revenue-generating key market segments?
- What are the key factors driving and challenging this market’s growth?
- Who are the key market vendors and their growth strategies?
- What are the latest trends influencing the growth of this market?
- What are the variables influencing the market growth in the primary regions?
- What are the factors influencing the growth of the parent market?
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