Product Code: ANV3919
REPORT HIGHLIGHT
The Light Electric Vehicles (LEVs) Market was valued at USD 79,514.2 million in 2023, growing at a CAGR of 11.50% from 2024 to 2032.
The light electric vehicles market refers to a part of the transport sector that includes small, lightweight electric motor vehicles that could be used for personal or shared purposes. Such vehicles include e-scooters and e-bikes, electric motorcycles, and other smaller electric automobiles. Light electric vehicles are characterized by their environmentally friendly operation, low energy consumption, and reduced emissions compared with the use of the traditional gasoline-pythicotion.
Light Electric Vehicles (LEVs) Market- Market Dynamics
Increasing Government Incentives to Boost Market Prospects
Government incentives are crucial to generating demand for Light Electric Vehicles (LEVs). These incentives take numerous forms including tax breaks, rebates, grants, and subsidies, and are intended to make LEVs more inexpensive and accessible to customers. Many countries provide financial incentives for consumers to buy LEVs. Some countries provide tax breaks or rebates for purchasing electric bikes or scooters. This can make these vehicles less expensive and more competitive with regular gasoline-powered automobiles. For instance, in 2019, the French government implemented a tax credit of up to €500 for the purchase of an electric bicycle or scooter. Individuals or organizations can claim the credit, which is valid for purchases purchased on or after January 1, 2018. Similarly, in 2020, California launched a $10 million e-bike incentive program that offers rebates of up to $1,000 for purchasing an electric bicycle. The program is intended to minimize air pollution and traffic congestion in the state.
Light Electric Vehicles (LEVs) Market- Key Insights
Our research analyst estimates that the global market will develop at a CAGR of approximately 11.50% from 2024-2032.
According to 2-wheeler Category segmentation, the rental Vehicle Category will dominate the market share by 2023
In 2023, commercial was the most popular Application segmentation.
6-9 kW accounting for most of the market, according to Power Output segmentation.
In 2023, Battery pack was the most dominant Component segment.
In 2023, e-bike was the leading sector of Vehicle Type segmentation.
On the basis of region, North America was the leading revenue generator in 2023
Light Electric Vehicles (LEVs) Market- Segmentation Analysis:
The Global Light Electric Vehicles (LEVs) Market is divided into six segments: Vehicle Category, Application, Power Output, Component, Vehicle Type, and Region.
The market is divided into three divisions based on the vehicle category: 2-wheelers, 3-wheelers, and 4-wheelers. 2-wheelers dominate the market because they are more agile and maneuverable than three-wheelers, making them ideal for negotiating congested metropolitan areas. They are also less expensive and more energy efficient than traditional automobiles, making them an appealing choice for budget-conscious buyers. The key driver of enormous development prospects is the growing demand for environmentally friendly transportation solutions. Consumers are turning to more sustainable solutions as their concern for the environment grows and fuel prices rise.
The market is classified into four segments based on Application: Shared Mobility, Personal Mobility, Recreation & Sports, and Commercial. The commercial segment accounts for the majority of the market. Commercial light electric vehicles are suited for metropolitan locations where traditional delivery vehicles like vans and lorries are unfeasible owing to traffic and parking restrictions. They provide a more efficient and cost-effective alternative to conventional delivery vehicles. They are also environmentally friendly, which is increasingly crucial for industries wishing to reduce their carbon footprint.
Light Electric Vehicles (LEVs) Market- Geographical Insights
Geographically, this market encompasses the Middle East, and Africa, Latin America, Asia Pacific, North America, Europe. These zones are further split based on which countries bring business.
North America is expected to have the greatest share of the worldwide light electric vehicle (LEV) market during the forecast period primarily owing to a rise in demand for environmentally friendly transportation options. The United States and Canada are the key drivers of market growth in this sector. Increased government support in the form of subsidies and tax incentives for electric vehicles is also expected to drive market growth. The demand for electric scooters and bicycles is also increasing in this region, particularly in cities where traffic congestion is a major concern. Tesla, General Motors, and Ford are expected to drive market expansion in this region.
Europe is expected to have the fastest CAGR growth in the global light electric vehicles (LEVs) market throughout the forecast period. Europe is a significant market for light electric vehicles, with Germany, the United Kingdom, and France leading the way. A rising need for sustainable transportation solutions is driving this market's expansion. This region's market growth is being driven by favorable government policies such as tax breaks, subsidies, and regulatory mandates that promote the use of electric vehicles. The growing emphasis on decreasing carbon emissions is also expected to drive market expansion. Electric bicycles and scooters are gaining popularity in this region, especially in urban areas.
Light Electric Vehicles (LEVs) Market- Competitive Landscape:
The LEVs Market is highly competitive, with players such as Ari Motors, Auro Robotics, Balkancar Record, Auto Rennen India, and BMW AG. Ari Motors product lines also include developing an electric scooter combining advanced technology and affordability, and Auro Robotics is similarly focusing on electric scooters with a battery-swapping technology for improved convenience to customers. Rad Power Bikes stands for e-bicycles with comprehensive models to fulfill the respective needs of consumers. Balkancar Record controls the electric scooter and individual mobility markets in the areas of safety and performance. Yamaha is one of the traditional representatives that invests heavily in electric mobility solutions and shows an appropriate commitment to sustainability. Technological advancement and an even greater focus on environmentally friendly transport fuel this competitive environment.
Recent Developments:
In November 2021, BMW collaborated with TVS, an Indian multinational motorbike manufacturer. Together, the companies hoped to develop a variety of EV two-wheelers for both partners, including scooters, motorcycles, and even novel designs. Furthermore, the corporations would collaborate to establish a new platform and future technologies, such as electric automobiles.
SCOPE OF THE REPORT
The scope of this study covers the market by its major segments, which include as follows:
GLOBAL LIGHT ELECTRIC VEHICLES (LEVS) MARKET KEY PLAYERS- DETAILED COMPETITIVE INSIGHTS
- Accelerated Systems Inc.
- Columbia Vehicle Group Inc.
- Addax Motors
- Aisin Corporation
- Balkancar Record
- Alke, American Landmaster
- Ari Motors
- Auro Robotics
- Balkancar Record
- Auto Rennen India
- BMW AG
- Borgwarner Inc.
- Byd Auto Co. Ltd.
- Continental AG
- Crossfire Motorcycles
- Crystalyte Motors
- Others
GLOBAL LIGHT ELECTRIC VEHICLES (LEVS) MARKET, BY VEHICLE CATEGORY- MARKET ANALYSIS, 2019 - 2032
- 2-wheelers
- 3-wheelers
- 4-wheelers
GLOBAL LIGHT ELECTRIC VEHICLES (LEVS) MARKET, BY APPLICATION- MARKET ANALYSIS, 2019 - 2032
- Shared Mobility
- Personal Mobility
- Recreation & Sports
- Commercial
GLOBAL LIGHT ELECTRIC VEHICLES (LEVS) MARKET, BY POWER OUTPUT- MARKET ANALYSIS, 2019 - 2032
- Less than 6 kW
- 9-15 kW
- 6-9 kW
GLOBAL LIGHT ELECTRIC VEHICLES (LEVS) MARKET, BY COMPONENT- MARKET ANALYSIS, 2019 - 2032
- Power Electronics
- Battery pack
- Electric motor (Propulsion Motor)
- Inverters
- Power Controller
- e-bike
- E-brake booster
GLOBAL LIGHT ELECTRIC VEHICLES (LEVS) MARKET, BY VEHICLE TYPE- MARKET ANALYSIS, 2019 - 2032
- e-ATV/UTV
- e-scooter
- e-bike
- e-motorcycle
GLOBAL LIGHT ELECTRIC VEHICLES (LEVS) MARKET, BY REGION- MARKET ANALYSIS, 2019 - 2032
- North America
- The U.S.
- Canada
- Europe
- Germany
- France
- Italy
- Spain
- United Kingdom
- Russia
- Netherlands
- Sweden
- Poland
- Rest of Europe
- Asia Pacific
- India
- China
- South Korea
- Japan
- Australia
- Thailand
- Indonesia
- Philippines
- Rest of APAC
- Latin America
- Brazil
- Mexico
- Argentina
- Colombia
- Rest of LATAM
- The Middle East and Africa
- Saudi Arabia
- United Arab Emirates
- Israel
- Turkey
- Algeria
- Egypt
- Rest of MEA
Table of Contents
1. Light Electric Vehicles (LEVs) Market Overview
- 1.1. Study Scope
- 1.2. Market Estimation Years
2. Executive Summary
- 2.1. Market Snippet
- 2.1.1. Light Electric Vehicles (LEVs) Market Snippet by Vehicle Category
- 2.1.2. Light Electric Vehicles (LEVs) Market Snippet by Application
- 2.1.3. Light Electric Vehicles (LEVs) Market Snippet by Power Output
- 2.1.4. Light Electric Vehicles (LEVs) Market Snippet by Component
- 2.1.5. Light Electric Vehicles (LEVs) Market Snippet by Vehicle Type
- 2.1.6. Light Electric Vehicles (LEVs) Market Snippet by Country
- 2.1.7. Light Electric Vehicles (LEVs) Market Snippet by Region
- 2.2. Competitive Insights
3. Light Electric Vehicles (LEVs) Key Market Trends
- 3.1. Light Electric Vehicles (LEVs) Market Drivers
- 3.1.1. Impact Analysis of Market Drivers
- 3.2. Light Electric Vehicles (LEVs) Market Restraints
- 3.2.1. Impact Analysis of Market Restraints
- 3.3. Light Electric Vehicles (LEVs) Market Opportunities
- 3.4. Light Electric Vehicles (LEVs) Market Future Trends
4. Light Electric Vehicles (LEVs) Industry Study
- 4.1. PEST Analysis
- 4.2. Porter's Five Forces Analysis
- 4.3. Growth Prospect Mapping
- 4.4. Regulatory Framework Analysis
5. Light Electric Vehicles (LEVs) Market: COVID-19 Impact Analysis
- 5.1. Pre-COVID-19 Impact Analysis
- 5.2. Post-COVID-19 Impact Analysis
- 5.2.1. Top Performing Segments
- 5.2.2. Marginal Growth Segments
- 5.2.3. Top Looser Segments
- 5.2.4. Marginal Loss Segments
6. Light Electric Vehicles (LEVs) Market Landscape
- 6.1. Light Electric Vehicles (LEVs) Market Share Analysis, 2023
- 6.2. Breakdown Data, by Key Manufacturer
- 6.2.1. Established Players' Analysis
- 6.2.2. Emerging Players' Analysis
7. Light Electric Vehicles (LEVs) Market - By Vehicle Category
- 7.1. Overview
- 7.1.1. Segment Share Analysis, By Vehicle Category, 2023 & 2032 (%)
- 7.1.2. 2-wheelers
- 7.1.3. 3-wheelers
- 7.1.4. 4-wheelers
8. Light Electric Vehicles (LEVs) Market - By Application
- 8.1. Overview
- 8.1.1. Segment Share Analysis, By Application, 2023 & 2032 (%)
- 8.1.2. Shared Mobility
- 8.1.3. Personal Mobility
- 8.1.4. Recreation & Sports
- 8.1.5. Commercial
9. Light Electric Vehicles (LEVs) Market - By Power Output
- 9.1. Overview
- 9.1.1. Segment Share Analysis, By Power Output, 2023 & 2032 (%)
- 9.1.2. Less than 6 kW
- 9.1.3. 9-15 kW
- 9.1.4. 6-9 kW
10. Light Electric Vehicles (LEVs) Market - By Component
- 10.1. Overview
- 10.1.1. Segment Share Analysis, By Component, 2023 & 2032 (%)
- 10.1.2. Power Electronics
- 10.1.3. Battery pack
- 10.1.4. Electric motor (Propulsion Motor)
- 10.1.5. Inverters
- 10.1.6. Power Controller
- 10.1.7. e-bike
- 10.1.8. E-brake booster
11. Light Electric Vehicles (LEVs) Market - By Vehicle Type
- 11.1. Overview
- 11.1.1. Segment Share Analysis, By Vehicle Type, 2023 & 2032 (%)
- 11.1.2. e-ATV/UTV
- 11.1.3. e-scooter
- 11.1.4. e-bike
- 11.1.5. e-motorcycle
12. Light Electric Vehicles (LEVs) Market- By Geography
- 12.1. Introduction
- 12.1.1. Segment Share Analysis, By Geography, 2023 & 2032 (%)
- 12.2. North America
- 12.2.1. Overview
- 12.2.2. Light Electric Vehicles (LEVs) Key Manufacturers in North America
- 12.2.3. North America Market Size and Forecast, By Country, 2019 - 2032 (US$ Million)
- 12.2.4. North America Market Size and Forecast, By Vehicle Category, 2019 - 2032 (US$ Million)
- 12.2.5. North America Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
- 12.2.6. North America Market Size and Forecast, By Power Output, 2019 - 2032 (US$ Million)
- 12.2.7. North America Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
- 12.2.8. North America Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
- 12.2.9. U.S.
- 12.2.9.1. Overview
- 12.2.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
- 12.2.9.3. U.S. Market Size and Forecast, By Vehicle Category, 2019 - 2032 (US$ Million)
- 12.2.9.4. U.S. Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
- 12.2.9.5. U.S. Market Size and Forecast, By Power Output, 2019 - 2032 (US$ Million)
- 12.2.9.6. U.S. Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
- 12.2.9.7. U.S. Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
- 12.2.10. Canada
- 12.2.10.1. Overview
- 12.2.10.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
- 12.2.10.3. Canada Market Size and Forecast, By Vehicle Category, 2019 - 2032 (US$ Million)
- 12.2.10.4. Canada Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
- 12.2.10.5. Canada Market Size and Forecast, By Power Output, 2019 - 2032 (US$ Million)
- 12.2.10.6. Canada Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
- 12.2.10.7. Canada Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
- 12.3. Europe
- 12.3.1. Overview
- 12.3.2. Light Electric Vehicles (LEVs) Key Manufacturers in Europe
- 12.3.3. Europe Market Size and Forecast, By Country, 2019 - 2032 (US$ Million)
- 12.3.4. Europe Market Size and Forecast, By Vehicle Category, 2019 - 2032 (US$ Million)
- 12.3.5. Europe Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
- 12.3.6. Europe Market Size and Forecast, By Power Output, 2019 - 2032 (US$ Million)
- 12.3.7. Europe Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
- 12.3.8. Europe Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
- 12.3.9. Germany
- 12.3.9.1. Overview
- 12.3.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
- 12.3.9.3. Germany Market Size and Forecast, By Vehicle Category, 2019 - 2032 (US$ Million)
- 12.3.9.4. Germany Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
- 12.3.9.5. Germany Market Size and Forecast, By Power Output, 2019 - 2032 (US$ Million)
- 12.3.9.6. Germany Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
- 12.3.9.7. Germany Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
- 12.3.10. Italy
- 12.3.10.1. Overview
- 12.3.10.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
- 12.3.10.3. Italy Market Size and Forecast, By Vehicle Category, 2019 - 2032 (US$ Million)
- 12.3.10.4. Italy Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
- 12.3.10.5. Italy Market Size and Forecast, By Power Output, 2019 - 2032 (US$ Million)
- 12.3.10.6. Italy Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
- 12.3.10.7. Italy Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
- 12.3.11. United Kingdom
- 12.3.11.1. Overview
- 12.3.11.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
- 12.3.11.3. United Kingdom Market Size and Forecast, By Vehicle Category, 2019 - 2032 (US$ Million)
- 12.3.11.4. United Kingdom Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
- 12.3.11.5. United Kingdom Market Size and Forecast, By Power Output, 2019 - 2032 (US$ Million)
- 12.3.11.6. United Kingdom Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
- 12.3.11.7. United Kingdom Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
- 12.3.12. France
- 12.3.12.1. Overview
- 12.3.12.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
- 12.3.12.3. France Market Size and Forecast, By Vehicle Category, 2019 - 2032 (US$ Million)
- 12.3.12.4. France Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
- 12.3.12.5. France Market Size and Forecast, By Power Output, 2019 - 2032 (US$ Million)
- 12.3.12.6. France Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
- 12.3.12.7. France Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
- 12.3.13. Russia
- 12.3.13.1. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
- 12.3.13.2. Russia Market Size and Forecast, By Vehicle Category, 2019 - 2032 (US$ Million)
- 12.3.13.3. Russia Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
- 12.3.13.4. Russia Market Size and Forecast, By Power Output, 2019 - 2032 (US$ Million)
- 12.3.13.5. Russia Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
- 12.3.13.6. Russia Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
- 12.3.14. Netherlands
- 12.3.14.1. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
- 12.3.14.2. Netherlands Market Size and Forecast, By Vehicle Category, 2019 - 2032 (US$ Million)
- 12.3.14.3. Netherlands Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
- 12.3.14.4. Netherlands Market Size and Forecast, By Power Output, 2019 - 2032 (US$ Million)
- 12.3.14.5. Netherlands Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
- 12.3.14.6. Netherlands Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
- 12.3.15. Sweden
- 12.3.15.1. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
- 12.3.15.2. Sweden Market Size and Forecast, By Vehicle Category, 2019 - 2032 (US$ Million)
- 12.3.15.3. Sweden Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
- 12.3.15.4. Sweden Market Size and Forecast, By Power Output, 2019 - 2032 (US$ Million)
- 12.3.15.5. Sweden Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
- 12.3.15.6. Sweden Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
- 12.3.16. Poland
- 12.3.16.1. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
- 12.3.16.2. Poland Market Size and Forecast, By Vehicle Category, 2019 - 2032 (US$ Million)
- 12.3.16.3. Poland Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
- 12.3.16.4. Poland Market Size and Forecast, By Power Output, 2019 - 2032 (US$ Million)
- 12.3.16.5. Poland Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
- 12.3.16.6. Poland Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
- 12.3.17. Rest of Europe
- 12.3.17.1. Overview
- 12.3.17.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
- 12.3.17.3. Rest of the Europe Market Size and Forecast, By Vehicle Category, 2019 - 2032 (US$ Million)
- 12.3.17.4. Rest of the Europe Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
- 12.3.17.5. Rest of the Europe Market Size and Forecast, By Power Output, 2019 - 2032 (US$ Million)
- 12.3.17.6. Rest of the Europe Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
- 12.3.17.7. Rest of the Europe Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
- 12.4. Asia Pacific (APAC)
- 12.4.1. Overview
- 12.4.2. Light Electric Vehicles (LEVs) Key Manufacturers in Asia Pacific
- 12.4.3. Asia Pacific Market Size and Forecast, By Country, 2019 - 2032 (US$ Million)
- 12.4.4. Asia Pacific Market Size and Forecast, By Vehicle Category, 2019 - 2032 (US$ Million)
- 12.4.5. Asia Pacific Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
- 12.4.6. Asia Pacific Market Size and Forecast, By Power Output, 2019 - 2032 (US$ Million)
- 12.4.7. Asia Pacific Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
- 12.4.8. Asia Pacific Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
- 12.4.9. India
- 12.4.9.1. Overview
- 12.4.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
- 12.4.9.3. India Market Size and Forecast, By Vehicle Category, 2019 - 2032 (US$ Million)
- 12.4.9.4. India Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
- 12.4.9.5. India Market Size and Forecast, By Power Output, 2019 - 2032 (US$ Million)
- 12.4.9.6. India Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
- 12.4.9.7. India Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
- 12.4.10. China
- 12.4.10.1. Overview
- 12.4.10.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
- 12.4.10.3. China Market Size and Forecast, By Vehicle Category, 2019 - 2032 (US$ Million)
- 12.4.10.4. China Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
- 12.4.10.5. China Market Size and Forecast, By Power Output, 2019 - 2032 (US$ Million)
- 12.4.10.6. China Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
- 12.4.10.7. China Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
- 12.4.11. Japan
- 12.4.11.1. Overview
- 12.4.11.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
- 12.4.11.3. Japan Market Size and Forecast, By Vehicle Category, 2019 - 2032 (US$ Million)
- 12.4.11.4. Japan Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
- 12.4.11.5. Japan Market Size and Forecast, By Power Output, 2019 - 2032 (US$ Million)
- 12.4.11.6. Japan Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
- 12.4.11.7. Japan Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
- 12.4.12. South Korea
- 12.4.12.1. Overview
- 12.4.12.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
- 12.4.12.3. South Korea Market Size and Forecast, By Vehicle Category, 2019 - 2032 (US$ Million)
- 12.4.12.4. South Korea Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
- 12.4.12.5. South Korea Market Size and Forecast, By Power Output, 2019 - 2032 (US$ Million)
- 12.4.12.6. South Korea Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
- 12.4.12.7. South Korea Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
- 12.4.13. Australia
- 12.4.13.1. Overview
- 12.4.13.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
- 12.4.13.3. Australia Market Size and Forecast, By Vehicle Category, 2019 - 2032 (US$ Million)
- 12.4.13.4. Australia Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
- 12.4.13.5. Australia Market Size and Forecast, By Power Output, 2019 - 2032 (US$ Million)
- 12.4.13.6. Australia Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
- 12.4.13.7. Australia Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
- 12.4.14. Thailand
- 12.4.14.1. Overview
- 12.4.14.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
- 12.4.14.3. Thailand Market Size and Forecast, By Vehicle Category, 2019 - 2032 (US$ Million)
- 12.4.14.4. Thailand Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
- 12.4.14.5. Thailand Market Size and Forecast, By Power Output, 2019 - 2032 (US$ Million)
- 12.4.14.6. Thailand Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
- 12.4.14.7. Thailand Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
- 12.4.15. Indonesia
- 12.4.15.1. Overview
- 12.4.15.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
- 12.4.15.3. Indonesia Market Size and Forecast, By Vehicle Category, 2019 - 2032 (US$ Million)
- 12.4.15.4. Indonesia Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
- 12.4.15.5. Indonesia Market Size and Forecast, By Power Output, 2019 - 2032 (US$ Million)
- 12.4.15.6. Indonesia Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
- 12.4.15.7. Indonesia Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
- 12.4.16. Philippines
- 12.4.16.1. Overview
- 12.4.16.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
- 12.4.16.3. Philippines Market Size and Forecast, By Vehicle Category, 2019 - 2032 (US$ Million)
- 12.4.16.4. Philippines Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
- 12.4.16.5. Philippines Market Size and Forecast, By Power Output, 2019 - 2032 (US$ Million)
- 12.4.16.6. Philippines Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
- 12.4.16.7. Philippines Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
- 12.4.17. Rest of APAC
- 12.4.17.1. Overview
- 12.4.17.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
- 12.4.17.3. Rest of APAC Market Size and Forecast, By Vehicle Category, 2019 - 2032 (US$ Million)
- 12.4.17.4. Rest of APAC Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
- 12.4.17.5. Rest of APAC Market Size and Forecast, By Power Output, 2019 - 2032 (US$ Million)
- 12.4.17.6. Rest of APAC Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
- 12.4.17.7. Rest of APAC Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
- 12.5. Latin America
- 12.5.1. Overview
- 12.5.2. Light Electric Vehicles (LEVs) Key Manufacturers in Latin America
- 12.5.3. Latin America Market Size and Forecast, By Country, 2019 - 2032 (US$ Million)
- 12.5.4. Latin America Market Size and Forecast, By Vehicle Category, 2019 - 2032 (US$ Million)
- 12.5.5. Latin America Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
- 12.5.6. Latin America Market Size and Forecast, By Power Output, 2019 - 2032 (US$ Million)
- 12.5.7. Latin America Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
- 12.5.8. Latin America Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
- 12.5.9. Brazil
- 12.5.9.1. Overview
- 12.5.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
- 12.5.9.3. Brazil Market Size and Forecast, By Vehicle Category, 2019 - 2032 (US$ Million)
- 12.5.9.4. Brazil Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
- 12.5.9.5. Brazil Market Size and Forecast, By Power Output, 2019 - 2032 (US$ Million)
- 12.5.9.6. Brazil Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
- 12.5.9.7. Brazil Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
- 12.5.10. Mexico
- 12.5.10.1. Overview
- 12.5.10.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
- 12.5.10.3. Mexico Market Size and Forecast, By Vehicle Category, 2019 - 2032 (US$ Million)
- 12.5.10.4. Mexico Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
- 12.5.10.5. Mexico Market Size and Forecast, By Power Output, 2019 - 2032 (US$ Million)
- 12.5.10.6. Mexico Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
- 12.5.10.7. Mexico Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
- 12.5.11. Argentina
- 12.5.11.1. Overview
- 12.5.11.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
- 12.5.11.3. Argentina Market Size and Forecast, By Vehicle Category, 2019 - 2032 (US$ Million)
- 12.5.11.4. Argentina Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
- 12.5.11.5. Argentina Market Size and Forecast, By Power Output, 2019 - 2032 (US$ Million)
- 12.5.11.6. Argentina Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
- 12.5.11.7. Argentina Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
- 12.5.12. Colombia
- 12.5.12.1. Overview
- 12.5.12.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
- 12.5.12.3. Colombia Market Size and Forecast, By Vehicle Category, 2019 - 2032 (US$ Million)
- 12.5.12.4. Colombia Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
- 12.5.12.5. Colombia Market Size and Forecast, By Power Output, 2019 - 2032 (US$ Million)
- 12.5.12.6. Colombia Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
- 12.5.12.7. Colombia Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
- 12.5.13. Rest of LATAM
- 12.5.13.1. Overview
- 12.5.13.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
- 12.5.13.3. Rest of LATAM Market Size and Forecast, By Vehicle Category, 2019 - 2032 (US$ Million)
- 12.5.13.4. Rest of LATAM Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
- 12.5.13.5. Rest of LATAM Market Size and Forecast, By Power Output, 2019 - 2032 (US$ Million)
- 12.5.13.6. Rest of LATAM Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
- 12.5.13.7. Rest of LATAM Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
- 12.6. Middle East and Africa
- 12.6.1. Overview
- 12.6.2. Light Electric Vehicles (LEVs) Key Manufacturers in Middle East and Africa
- 12.6.3. Middle East and Africa Market Size and Forecast, By Country, 2019 - 2032 (US$ Million)
- 12.6.4. Middle East and Africa Market Size and Forecast, By Vehicle Category, 2019 - 2032 (US$ Million)
- 12.6.5. Middle East and Africa Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
- 12.6.6. Middle East and Africa Market Size and Forecast, By Power Output, 2019 - 2032 (US$ Million)
- 12.6.7. Middle East and Africa Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
- 12.6.8. Middle East and Africa Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
- 12.6.9. Saudi Arabia
- 12.6.9.1. Overview
- 12.6.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
- 12.6.9.3. Saudi Arabia Market Size and Forecast, By Vehicle Category, 2019 - 2032 (US$ Million)
- 12.6.9.4. Saudi Arabia Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
- 12.6.9.5. Saudi Arabia Market Size and Forecast, By Power Output, 2019 - 2032 (US$ Million)
- 12.6.9.6. Saudi Arabia Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
- 12.6.9.7. Saudi Arabia Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
- 12.6.10. United Arab Emirates
- 12.6.10.1. Overview
- 12.6.10.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
- 12.6.10.3. United Arab Emirates Market Size and Forecast, By Vehicle Category, 2019 - 2032 (US$ Million)
- 12.6.10.4. United Arab Emirates Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
- 12.6.10.5. United Arab Emirates Market Size and Forecast, By Power Output, 2019 - 2032 (US$ Million)
- 12.6.10.6. United Arab Emirates Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
- 12.6.10.7. United Arab Emirates Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
- 12.6.11. Israel
- 12.6.11.1. Overview
- 12.6.11.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
- 12.6.11.3. Israel Market Size and Forecast, By Vehicle Category, 2019 - 2032 (US$ Million)
- 12.6.11.4. Israel Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
- 12.6.11.5. Israel Market Size and Forecast, By Power Output, 2019 - 2032 (US$ Million)
- 12.6.11.6. Israel Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
- 12.6.11.7. Israel Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
- 12.6.12. Turkey
- 12.6.12.1. Overview
- 12.6.12.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
- 12.6.12.3. Turkey Market Size and Forecast, By Vehicle Category, 2019 - 2032 (US$ Million)
- 12.6.12.4. Turkey Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
- 12.6.12.5. Turkey Market Size and Forecast, By Power Output, 2019 - 2032 (US$ Million)
- 12.6.12.6. Turkey Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
- 12.6.12.7. Turkey Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
- 12.6.13. Algeria
- 12.6.13.1. Overview
- 12.6.13.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
- 12.6.13.3. Algeria Market Size and Forecast, By Vehicle Category, 2019 - 2032 (US$ Million)
- 12.6.13.4. Algeria Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
- 12.6.13.5. Algeria Market Size and Forecast, By Power Output, 2019 - 2032 (US$ Million)
- 12.6.13.6. Algeria Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
- 12.6.13.7. Algeria Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
- 12.6.14. Egypt
- 12.6.14.1. Overview
- 12.6.14.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
- 12.6.14.3. Egypt Market Size and Forecast, By Vehicle Category, 2019 - 2032 (US$ Million)
- 12.6.14.4. Egypt Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
- 12.6.14.5. Egypt Market Size and Forecast, By Power Output, 2019 - 2032 (US$ Million)
- 12.6.14.6. Egypt Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
- 12.6.14.7. Egypt Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
- 12.6.15. Rest of MEA
- 12.6.15.1. Overview
- 12.6.15.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
- 12.6.15.3. Rest of MEA Market Size and Forecast, By Vehicle Category, 2019 - 2032 (US$ Million)
- 12.6.15.4. Rest of MEA Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
- 12.6.15.5. Rest of MEA Market Size and Forecast, By Power Output, 2019 - 2032 (US$ Million)
- 12.6.15.6. Rest of MEA Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
- 12.6.15.7. Rest of MEA Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
13. Key Vendor Analysis- Light Electric Vehicles (LEVs) Industry
- 13.1. Competitive Dashboard
- 13.2. Company Profiles
- 13.2.1. Accelerated Systems Inc.
- 13.2.2. Columbia Vehicle Group Inc.
- 13.2.3. Addax Motors
- 13.2.4. Aisin Corporation
- 13.2.5. Balkancar Record
- 13.2.6. Alke, American Landmaster
- 13.2.7. Ari Motors
- 13.2.8. Auro Robotics
- 13.2.9. Balkancar Record
- 13.2.10. Auto Rennen India
- 13.2.11. BMW AG
- 13.2.12. Borgwarner Inc.
- 13.2.13. Byd Auto Co. Ltd.
- 13.2.14. Continental AG
- 13.2.15. Crossfire Motorcycles
- 13.2.16. Crystalyte Motors
- 13.2.17. Others
14. 360 Degree Analyst View
15. Appendix
- 15.1. Research Methodology
- 15.2. References
- 15.3. Abbreviations
- 15.4. Disclaimer
- 15.5. Contact Us