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Europe Low Speed Electric Vehicle (LSEV) Market 2020-2030 by Product (Two-wheelers, Three-wheelers, Four-wheelers), Voltage, Battery, Vehicle Type, End User, and Country: Trend Forecast and Growth Opportunity

Published: 30 Mar 2021 | Report Code: 10247920 | Pages: 123

Europe low speed electric vehicle market accounted for $472.1 million in 2020 and will grow by 16.4% annually over 2020-2030 owing to stringent environmental regulations, improvement in electric vehicle R&D, advanced battery technology, and government subsidies. Highlighted with 35 tables and 57 figures, this 123-page report “Europe Low Speed Electric Vehicle (LSEV) Market 2020-2030 by Product (Two-wheelers, Three-wheelers, Four-wheelers), Voltage, Battery, Vehicle Type, End User, and Country: Trend Forecast and Growth Opportunity” is based on a comprehensive research of the entire Europe low speed electric vehicle market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2017-2019 and provides estimate and forecast from 2020 till 2030 with 2019 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.) In-depth qualitative analyses include identification and investigation of the following aspects: • Market Structure • Growth Drivers • Restraints and Challenges • Emerging Product Trends & Market Opportunities • Porter’s Fiver Forces The trend and outlook of Europe market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19. The balanced (most likely) projection is used to quantify Europe low speed electric vehicle market in every aspect of the classification from perspectives of Product, Voltage, Battery, Vehicle Type, End User, and Country. Based on Product, the Europe market is segmented into the following sub-markets with annual revenue for 2020-2030 included in each section. • Two-wheelers o E-Bikes o E-Scooters o Motorcycles o Kick Scooters o Other Two-wheelers • Three-wheelers • Four-wheelers Based on Voltage, the Europe market is segmented into the following sub-markets with annual revenue for 2020-2030 included in each section. • 24V • 36V • 48V • 60V • 72V Based on Battery, the Europe market is segmented into the following sub-markets with annual revenue for 2020-2030 included in each section. • Lithium-Ion Battery LSEV • Lead-Acid Battery LSEV • Other Battery LSEV Based on Vehicle Type, the Europe market is segmented into the following sub-markets with annual revenue for 2020-2030 included in each section. • Passenger LSEV • Heavy-duty LSEV • Utility LSEV • Off-road LSEV Based on End User, the Europe market is segmented into the following sub-markets with annual revenue for 2020-2030 included in each section. • Golf Courses • Tourist Destinations • Hotels & Resorts • Transport Terminals • Residential & Commercial Premises • Other End Users Geographically, the following national/local markets are fully investigated: • Germany • UK • France • Spain • Italy • Russia • Rest of Europe (further segmented into Netherlands, Switzerland, Turkey, Poland, Sweden, Belgium, Austria, Ireland, Norway, Denmark, and Finland) For each key country, detailed analysis and data for annual revenue are available for 2020-2030. The breakdown of key national markets by Voltage, Battery, and Vehicle Type over the forecast years is also included. The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players. Specifically, potential risks associated with investing in Europe low speed electric vehicle market are assayed quantitatively and qualitatively through GMD’s Risk Assessment System. According to the risk analysis and evaluation, Critical Success Factors (CSFs) are generated as a guidance to help investors & stockholders identify emerging opportunities, manage and minimize the risks, develop appropriate business models, and make wise strategies and decisions. Key Players (this may not be a complete list and extra companies can be added upon request): AIXAM MEGA SAS BMW AG Bradshaw Electric Vehicles Comarth Engineering S.L. Energica Motor Company S.p.A. Estrima Srl Garia A/S Gogoro Inc. GOVECS GmbH KTM Bicycle GmbH Lightning Motorcycles Ligier Group Renault Samsung Motors Torrot Electric Europa S.A. Zero Motorcycles Inc. (Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.) 

Table Of Contents

1 Introduction 7
1.1 Industry Definition and Research Scope 7
1.1.1 Industry Definition 7
1.1.2 Research Scope 8
1.2 Research Methodology 11
1.2.1 Overview of Market Research Methodology 11
1.2.2 Market Assumption 12
1.2.3 Secondary Data 12
1.2.4 Primary Data 12
1.2.5 Data Filtration and Model Design 14
1.2.6 Market Size/Share Estimation 15
1.2.7 Research Limitations 16
1.3 Executive Summary 17
2 Market Overview and Dynamics 20
2.1 Market Size and Forecast 20
2.1.1 Impact of COVID-19 on World Economy 22
2.1.2 Impact of COVID-19 on the Market 25
2.2 Major Growth Drivers 27
2.3 Market Restraints and Challenges 30
2.4 Emerging Opportunities and Market Trends 33
2.5 Porter’s Fiver Forces Analysis 37
3 Segmentation of Europe Market by Product 42
3.1 Market Overview by Product 42
3.2 Two-wheelers 44
3.2.1 E-Bikes 46
3.2.2 E-Scooters 47
3.2.3 Motorcycles 48
3.2.4 Kick Scooters 49
3.2.5 Other Two-wheelers 50
3.3 Three-wheelers 51
3.4 Four-wheelers 52
4 Segmentation of Europe Market by Voltage 53
4.1 Market Overview by Voltage 53
4.2 24V 55
4.3 36V 56
4.4 48V 57
4.5 60V 58
4.6 72V 59
5 Segmentation of Europe Market by Battery 60
5.1 Market Overview by Battery 60
5.2 Lithium-Ion Battery LSEV 62
5.3 Lead-Acid Battery LSEV 63
5.4 Other Battery LSEV 64
6 Segmentation of Europe Market by Vehicle Type 65
6.1 Market Overview by Vehicle Type 65
6.2 Passenger LSEV 67
6.3 Heavy-duty LSEV 68
6.4 Utility LSEV 69
6.5 Off-road LSEV 70
7 Segmentation of Europe Market by End User 71
7.1 Market Overview by End User 71
7.2 Golf Courses 73
7.3 Tourist Destinations 74
7.4 Hotels & Resorts 75
7.5 Transport Terminals 76
7.6 Residential & Commercial Premises 77
7.7 Other End Users 78
8 European Market 2020-2030 by Country 79
8.1 Overview of European Market 79
8.2 Germany 82
8.3 U.K. 84
8.4 France 87
8.5 Spain 89
8.6 Italy 91
8.7 Russia 93
8.8 Rest of European Market 95
9 Competitive Landscape 97
9.1 Overview of Key Vendors 97
9.2 New Product Launch, Partnership, Investment, and M&A 100
9.3 Company Profiles 101
AIXAM MEGA SAS 101
BMW AG 103
Bradshaw Electric Vehicles 104
Comarth Engineering S.L. 105
Energica Motor Company S.p.A. 106
Estrima Srl 107
Garia A/S 108
Gogoro Inc. 109
GOVECS GmbH 110
KTM Bicycle GmbH 111
Lightning Motorcycles 112
Ligier Group 113
Renault Samsung Motors 114
Torrot Electric Europa S.A. 115
Zero Motorcycles Inc. 116
10 Investing in Europe Market: Risk Assessment and Management 117
10.1 Risk Evaluation of Europe Market 117
10.2 Critical Success Factors (CSFs) 120
Related Reports and Products 123

List Of Tables

Table 1.  Snapshot of Europe Low Speed Electric Vehicle Market in Balanced Perspective, 2020-2030 18
Table 2. Growth Rate of World Real GDP, 2017-2021 23
Table 3.  Main Product Trends and Market Opportunities in Europe Low Speed Electric Vehicle Market 33
Table 4. Europe Low Speed Electric Vehicle Market by Product, 2020-2030, $ mn 42
Table 5. Europe Low Speed Electric Vehicle Market: Two-wheelers by Type, 2020-2030, $ mn 45
Table 6. Europe Low Speed Electric Vehicle Market by Voltage, 2020-2030, $ mn 53
Table 7. Europe Low Speed Electric Vehicle Market by Battery, 2020-2030, $ mn 60
Table 8. Europe Low Speed Electric Vehicle Market by Vehicle Type, 2020-2030, $ mn 65
Table 9. Europe Low Speed Electric Vehicle Market by End User, 2020-2030, $ mn 71
Table 10. Europe Low Speed Electric Vehicle Market by Country, 2020-2030, $ mn 81
Table 11. Germany Low Speed Electric Vehicle Market by Voltage, 2020-2030, $ mn 83
Table 12. Germany Low Speed Electric Vehicle Market by Battery, 2020-2030, $ mn 83
Table 13. Germany Low Speed Electric Vehicle Market by Vehicle Type, 2020-2030, $ mn 83
Table 14. U.K. Low Speed Electric Vehicle Market by Voltage, 2020-2030, $ mn 85
Table 15. U.K. Low Speed Electric Vehicle Market by Battery, 2020-2030, $ mn 85
Table 16. U.K. Low Speed Electric Vehicle Market by Vehicle Type, 2020-2030, $ mn 85
Table 17. France Low Speed Electric Vehicle Market by Voltage, 2020-2030, $ mn 88
Table 18. France Low Speed Electric Vehicle Market by Battery, 2020-2030, $ mn 88
Table 19. France Low Speed Electric Vehicle Market by Vehicle Type, 2020-2030, $ mn 88
Table 20. Spain Low Speed Electric Vehicle Market by Voltage, 2020-2030, $ mn 90
Table 21. Spain Low Speed Electric Vehicle Market by Battery, 2020-2030, $ mn 90
Table 22. Spain Low Speed Electric Vehicle Market by Vehicle Type, 2020-2030, $ mn 90
Table 23. Italy Low Speed Electric Vehicle Market by Voltage, 2020-2030, $ mn 92
Table 24. Italy Low Speed Electric Vehicle Market by Battery, 2020-2030, $ mn 92
Table 25. Italy Low Speed Electric Vehicle Market by Vehicle Type, 2020-2030, $ mn 92
Table 26. Russia Low Speed Electric Vehicle Market by Voltage, 2020-2030, $ mn 94
Table 27. Russia Low Speed Electric Vehicle Market by Battery, 2020-2030, $ mn 94
Table 28. Russia Low Speed Electric Vehicle Market by Vehicle Type, 2020-2030, $ mn 94
Table 29. Low Speed Electric Vehicle Market in Rest of Europe by Country, 2020-2030, $ mn 96
Table 30. AIXAM MEGA SAS: Company Snapshot 101
Table 31. AIXAM MEGA SAS: Business Segmentation 101
Table 32. AIXAM MEGA SAS: Product Portfolio 102
Table 33. AIXAM MEGA SAS: Revenue, 2017-2019, $ mn 102
Table 34.  Risk Evaluation for Investing in Europe Market, 2020-2030 118
Table 35. Critical Success Factors and Key Takeaways 121

List Of Figures

Figure 1. Research Method Flow Chart 11
Figure 2. Breakdown of Primary Research 13
Figure 3. Bottom-up Approach and Top-down Approach for Market Estimation 15
Figure 4. Europe Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2020-2030 17
Figure 5. Europe Low Speed Electric Vehicle Market, 2020-2030, $ mn 20
Figure 6. Europe Low Speed Electric Vehicle Market, 2020-2030, thousand units 21
Figure 7. Impact of COVID-19 on Business 25
Figure 8. Primary Drivers and Impact Factors of Europe Low Speed Electric Vehicle Market 27
Figure 9. Primary Restraints and Impact Factors of Europe Low Speed Electric Vehicle Market 30
Figure 10. Investment Opportunity Analysis 34
Figure 11. Porter’s Fiver Forces Analysis of Europe Low Speed Electric Vehicle Market 37
Figure 12. Breakdown of Europe Low Speed Electric Vehicle Market by Product, 2020-2030, % of Revenue 43
Figure 13. Europe Addressable Market Cap in 2021-2030 by Product, Value ($ mn) and Share (%) 43
Figure 14. Europe Low Speed Electric Vehicle Market: Two-wheelers, 2020-2030, $ mn 44
Figure 15. Europe Low Speed Electric Vehicle Market: E-Bikes, 2020-2030, $ mn 46
Figure 16. Europe Low Speed Electric Vehicle Market: E-Scooters, 2020-2030, $ mn 47
Figure 17. Europe Low Speed Electric Vehicle Market: Motorcycles, 2020-2030, $ mn 48
Figure 18. Europe Low Speed Electric Vehicle Market: Kick Scooters, 2020-2030, $ mn 49
Figure 19. Europe Low Speed Electric Vehicle Market: Other Two-wheelers, 2020-2030, $ mn 50
Figure 20. Europe Low Speed Electric Vehicle Market: Three-wheelers, 2020-2030, $ mn 51
Figure 21. Europe Low Speed Electric Vehicle Market: Four-wheelers, 2020-2030, $ mn 52
Figure 22. Breakdown of Europe Low Speed Electric Vehicle Market by Voltage, 2020-2030, % of Sales Revenue 54
Figure 23. Europe Addressable Market Cap in 2021-2030 by Voltage, Value ($ mn) and Share (%) 54
Figure 24. Europe Low Speed Electric Vehicle Market: 24V, 2020-2030, $ mn 55
Figure 25. Europe Low Speed Electric Vehicle Market: 36V, 2020-2030, $ mn 56
Figure 26. Europe Low Speed Electric Vehicle Market: 48V, 2020-2030, $ mn 57
Figure 27. Europe Low Speed Electric Vehicle Market: 60V, 2020-2030, $ mn 58
Figure 28. Europe Low Speed Electric Vehicle Market: 72V, 2020-2030, $ mn 59
Figure 29. Breakdown of Europe Low Speed Electric Vehicle Market by Battery, 2020-2030, % of Sales Revenue 61
Figure 30. Europe Addressable Market Cap in 2021-2030 by Battery, Value ($ mn) and Share (%) 61
Figure 31. Europe Low Speed Electric Vehicle Market: Lithium-Ion Battery LSEV, 2020-2030, $ mn 62
Figure 32. Europe Low Speed Electric Vehicle Market: Lead-Acid Battery LSEV, 2020-2030, $ mn 63
Figure 33. Europe Low Speed Electric Vehicle Market: Other Battery LSEV, 2020-2030, $ mn 64
Figure 34. Breakdown of Europe Low Speed Electric Vehicle Market by Vehicle Type, 2020-2030, % of Revenue 66
Figure 35. Europe Addressable Market Cap in 2021-2030 by Vehicle Type, Value ($ mn) and Share (%) 66
Figure 36. Europe Low Speed Electric Vehicle Market: Passenger LSEV, 2020-2030, $ mn 67
Figure 37. Europe Low Speed Electric Vehicle Market: Heavy-duty LSEV, 2020-2030, $ mn 68
Figure 38. Europe Low Speed Electric Vehicle Market: Utility LSEV, 2020-2030, $ mn 69
Figure 39. Europe Low Speed Electric Vehicle Market: Off-road LSEV, 2020-2030, $ mn 70
Figure 40. Breakdown of Europe Low Speed Electric Vehicle Market by End User, 2020-2030, % of Revenue 72
Figure 41. Europe Addressable Market Cap in 2021-2030 by End User, Value ($ mn) and Share (%) 72
Figure 42. Europe Low Speed Electric Vehicle Market: Golf Courses, 2020-2030, $ mn 73
Figure 43. Europe Low Speed Electric Vehicle Market: Tourist Destinations, 2020-2030, $ mn 74
Figure 44. Europe Low Speed Electric Vehicle Market: Hotels & Resorts, 2020-2030, $ mn 75
Figure 45. Europe Low Speed Electric Vehicle Market: Transport Terminals, 2020-2030, $ mn 76
Figure 46. Europe Low Speed Electric Vehicle Market: Residential & Commercial Premises, 2020-2030, $ mn 77
Figure 47. Europe Low Speed Electric Vehicle Market: Other End Users, 2020-2030, $ mn 78
Figure 48. Breakdown of European Low Speed Electric Vehicle Market by Country, 2020 and 2030, % of Revenue 80
Figure 49. Contribution to Europe 2021-2030 Cumulative Revenue by Country, Value ($ mn) and Share (%) 81
Figure 50.  Low Speed Electric Vehicle Market in Germany, 2020-2030, $ mn 82
Figure 51.  Low Speed Electric Vehicle Market in U.K., 2020-2030, $ mn 84
Figure 52.  Low Speed Electric Vehicle Market in France, 2020-2030, $ mn 87
Figure 53.  Low Speed Electric Vehicle Market in Spain, 2020-2030, $ mn 89
Figure 54.  Low Speed Electric Vehicle Market in Italy, 2020-2030, $ mn 91
Figure 55.  Low Speed Electric Vehicle Market in Russia, 2020-2030, $ mn 93
Figure 56.  Low Speed Electric Vehicle Market in Rest of Europe, 2020-2030, $ mn 95
Figure 57. Growth Stage of Europe Low Speed Electric Vehicle Industry over the Forecast Period 97

Key Players (this may not be a complete list and extra companies can be added upon request): 
AIXAM MEGA SAS 
BMW AG 
Bradshaw Electric Vehicles 
Comarth Engineering S.L. 
Energica Motor Company S.p.A. 
Estrima Srl 
Garia A/S 
Gogoro Inc. 
GOVECS GmbH 
KTM Bicycle GmbH 
Lightning Motorcycles 
Ligier Group 
Renault Samsung Motors 
Torrot Electric Europa S.A.
Zero Motorcycles Inc.