Report Overview
About Micro Electric Vehicles
Micro electric vehicles are vehicles that are engineered with battery electric propulsion systems with a power rating of 4 kWh-15 kWh. They come in two to four-seater vehicle options. This class of vehicles was earlier considered in the electric vehicles category. However, with increased demand for micro electric vehicles (and rapid market growth), they are now considered an independent category of vehicles. The global micro electric vehicles market is primarily classified into two segments: quadricycles and golf carts and micro cars.
Technavio’s analysts forecast the global micro electric vehicle market to grow at a CAGR of 17.26% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global micro electric vehicle market for 2016-2020. To calculate the market size, the report considers the revenue generated from the on volume sales of micro electric vehicles in the global market.
The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA
Technavio's report, Global Micro Electric Vehicle Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
• Ingersoll Rand
• Polaris Industries
• Smart Automobile Company
• Textron
• Yamaha Motors
Other prominent vendors
• Italcar
• ParCar
• Rhoades Car
Market driver
• Dedicated consortium for development of micro electric vehicles: All-new designs and vehicle platforms drive demand
• For a full, detailed list, view our report
Market challenge
• Undeveloped infrastructure due to limited charging stations and reliability issues in developing economies
• For a full, detailed list, view our report
Market trend
• Improved Li-ion batteries, lighter construction, and increasing automation for improved drivability and maneuverability
• For a full, detailed list, view our report
Key questions answered in this report
• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.
Table Of Contents
Table of Contents
PART 01: Executive summary
• Highlights
PART 02: Scope of the report
• Report coverage
PART 03: Market research methodology
• Research methodology
• Economic indicators
PART 04: Introduction
• Key market highlights
PART 05: Market landscape
• Market overview
• Five forces analysis
PART 06: Market segmentation by geography
• Automotive micro electric vehicle market in the APAC
• Automotive micro electric vehicle market in Americas
• Automotive micro electric vehicle market in EMEA
PART 07: Market segmentation by vehicle type
• Global micro electric vehicles 2015-2020: Golf carts and micro cars
• Global micro electric vehicles 2015-2020: Quadricycles
PART 08: Market drivers
PART 09: Market challenges
PART 10: Market trends
PART 11: Vendor landscape
• Competitive benchmarking
• Other prominent vendors
PART 12: Key vendor analysis
PART 13: Appendix
• List of abbreviations
PART 14: Explore Technavio
List of Exhibits
Exhibit 01: Scope of the report
Exhibit 02: Definitions of products and markets
Exhibit 03: Product offerings
Exhibit 04: Market highlights of global micro electric vehicle market
Exhibit 05: Electric vehicle charging technologies
Exhibit 06: Sectional view of working of micro electric vehicle
Exhibit 07: Different buying parameters of micro electric vehicle
Exhibit 08: Market segmentation of global micro electric vehicle market
Exhibit 09: Global micro electric vehicle market 2015-2020 (units in millions)
Exhibit 10: Five forces analysis
Exhibit 11: Global micro electric vehicle market 2015 and 2020: Geography
Exhibit 12: Global micro electric vehicle market in APAC 2015-2020 (units in millions)
Exhibit 13: Global micro electric vehicle market in Americas 2015-2020 (units in millions)
Exhibit 14: Global micro electric vehicle market in EMEA 2015-2020 (units in millions)
Exhibit 15: Global micro electric vehicle market by vehicle type
Exhibit 16: Global micro electric vehicles 2015-2020: Golf carts and micro cars (units in millions)
Exhibit 17: Global micro electric vehicles 2015-2020: Quadricycles
Exhibit 18: Drivers in global micro electric vehicle market
Exhibit 19: Electric vehicle market in China 2015-2020 (units in millions)
Exhibit 20: Challenges in global micro electric vehicle market
Exhibit 21: Trends in global micro electric vehicle market
Exhibit 22: Different battery technology with respective energy density (2000-2015)
Exhibit 23: Different types of charging levels
Exhibit 24: Benchmarking of vendors in global micro electric vehicle market
Exhibit 25: Other prominent vendors
Exhibit 26: Product portfolio of Ingersoll Rand
Exhibit 27: Product portfolio of Polaris industries
Exhibit 28: Product portfolio of Smart Automobile Company
Exhibit 29: Product portfolio of Textron
Exhibit 30: Product portfolio of Yamaha Motors