Global Micro EVs Market Size and Share 2020 Report by Sales Revenue, Future Demands, Growth Factors, Emerging Trends, Competitive Landscape and Forecast to 2026

(The Express Wire via Comtex)

The report on the "Micro EVs Market" covers the current status of the market including Micro EVs market size, growth rate, prominent players, and current competitive landscape. It also analyzes future opportunities and forecasts the market assessing the strategies of the key players in terms of merger and acquisitions, RandD investments, technological advancements. The report further provides key recent developments, profiling of key players, and market dynamics. The report further investigates and assesses the current landscape of the ever-evolving business sector and the present and future effects of COVID-19 on the Micro EVs market.

The global Micro EVs market size was USD 6651.5 million and it is expected to reach USD 11100 million by the end of 2026, with a CAGR of 7.5% during 2021-2026.

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Market Overview:

  • A micro electric vehicle (EV) is a four-wheeled electric powered micro vehicle with an attainable speed of more than 20 miles per hour but not more than 25 miles per hour (in China, not more than 70 kilometers per hour) on a paved surface, and it usually has a gross vehicle weight rating (GVWR) of less than 3,000 pounds.
  • Neighborhood electric vehicles (NEVs), golf carts and utility terrain vehicles all fall into this category.
  • Global Sales of Micro EVs surged in the past two years with the good sales of scooters in China market. Global Micro EVs are expected to sell 2.51 million units in 2025 and more than 80% will appear in China market, which exhibits a promising trend of the industry. For the products types, lithium ion batteries based Micro EVs are more favored in USA, Europe and Japan, while lead-acid batteries based products take a large market share in China.

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Market Analysis and Insights: Global Micro EVs Market

  • Since the COVID-19 virus outbreak in December 2019, the disease has spread to almost 100 countries around the globe with the World Health Organization declaring it a public health emergency. The global impacts of the coronavirus disease 2019 (COVID-19) are already starting to be felt, and will significantly affect the Micro EVs market in 2020.
  • COVID-19 can affect the global economy in three main ways: by directly affecting production and demand, by creating supply chain and market disruption, and by its financial impact on firms and financial markets.
  • The outbreak of COVID-19 has brought effects on many aspects, like flight cancellations; travel bans and quarantines; restaurants closed; all indoor events restricted; over forty countries state of emergency declared; massive slowing of the supply chain; stock market volatility; falling business confidence, growing panic among the population, and uncertainty about future.
  • This report also analyses the impact of Coronavirus COVID-19 on the Micro EVs industry.

The major players in the market include:

  • Yogomo
  • Shifeng
  • Textron
  • Dojo
  • Byvin
  • Polaris
  • Lichi
  • Baoya
  • Tangjun
  • Yamaha
  • Fulu
  • Xinyuzhou
  • GreenWheel EV
  • Incalu
  • Kandi
  • Renault
  • APACHE
  • Garia
  • Zheren
  • Ingersoll Rand
  • CitEcar Electric Vehicles
  • Eagle
  • Taiqi

The report identifies various key manufacturers of the market. It helps the reader understand the strategies and collaborations that players are focusing on combat competition in the market. The comprehensive report provides a significant microscopic look at the market. The reader can identify the footprints of the manufacturers by knowing about the global revenue of manufacturers, the global price of manufacturers, and production by manufacturers during the forecast period of 2015 to 2019.

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On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into:

  • Lead-acid Battery EVs
  • Lithium-ion Battery EVs

On the basis of the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including:

  • Personal Use
  • Commercial Use (Sightseeing, Golf etc.)
  • Public Utilities

Some of the key questions answered in this report:

  • What will the market growth rate, growth momentum or acceleration market carries during the forecast period?
  • Which are the key factors driving the Micro EVs market?
  • What was the size of the emerging Micro EVs market by value in 2019?
  • What will be the size of the emerging Micro EVs market in 2026?
  • Which region is expected to hold the highest market share in the Micro EVs market?
  • What trends, challenges and barriers will impact the development and sizing of the Global Micro EVs market?
  • What are sales volume, revenue, and price analysis of top manufacturers of Micro EVs market?
  • What are the Micro EVs market opportunities and threats faced by the vendors in the global Micro EVs Industry?

Global Micro EVs Market providing information such as company profiles, product picture and specification, capacity, production, price, cost, revenue and contact information. Upstream raw materials and instrumentation and downstream demand analysis is additionally dispensed. The Global Micro EVs market development trends and marketing channels are analyzed. Finally, the feasibility of latest investment projects is assessed and overall analysis conclusions offered.

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Years considered for this report:

  • Historical Years: 2015-2019
  • Base Year: 2019
  • Estimated Year: 2020
  • Micro EVs Market Forecast Period: 2020-2026

With tables and figures helping analyse worldwide Global Micro EVs market trends, this research provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market.

Some Points from TOC:

1 Study Coverage
1.1 Micro EVs Product Introduction
1.2 Market Segments
1.3 Key Micro EVs Manufacturers Covered: Ranking by Revenue
1.4 Market by Type
1.4.1 Global Micro EVs Market Size Growth Rate by Type
1.4.2 Type 1
1.4.3 Type 2
1.4.4 Type 3
1.4.5 Others
1.5 Market by Application
1.5.1 Global Micro EVs Market Size Growth Rate by Application
1.5.2 Application 1
1.5.3 Application 2
1.5.4 Application 3
1.5.5 Others
­1.6 Study Objectives
1.7 Years Considered

2 Executive Summary
2.1 Global Micro EVs Market Size, Estimates and Forecasts
2.1.1 Global Micro EVs Revenue 2015-2026
2.1.2 Global Micro EVs Sales 2015-2026
2.2 Global Micro EVs, Market Size by Producing Regions: 2015 VS 2020 VS 2026
2.2.1 Global Micro EVs Retrospective Market Scenario in Sales by Region: 2015-2020
2.2.2 Global Micro EVs Retrospective Market Scenario in Revenue by Region: 2015-2020

3 Global Micro EVs Competitor Landscape by Players
3.1 Micro EVs Sales by Manufacturers
3.2 Micro EVs Revenue by Manufacturers
3.3 Micro EVs Price by Manufacturers
3.4 Micro EVs Manufacturing Base Distribution, Product Types
3.5 Manufacturers Mergers and Acquisitions, Expansion Plans

4 Market Size by Type (2015-2026)
4.1 Global Micro EVs Market Size by Type (2015-2020)
4.2 Global Micro EVs Market Size Forecast by Type (2021-2026)
4.3 Global Micro EVs Market Share by Price Tier (2015-2020): Low-End, Mid-Range and High-End

5 Market Size by Application (2015-2026)
5.1 Global Micro EVs Market Size by Application (2015-2020)
5.2 Micro EVs Market Size Forecast by Application (2021-2026)

6 North America
6.1 North America Micro EVs by Country
6.1.1 North America Micro EVs Sales by Country
6.1.2 North America Micro EVs Revenue by Country
6.1.3 U.S.
6.1.4 Canada
6.2 North America Micro EVs Market Facts and Figures by Type
6.3 North America Micro EVs Market Facts and Figures by Application

7 Europe
7.1 Europe Micro EVs by Country
7.1.1 Europe Micro EVs Sales by Country
7.1.2 Europe Micro EVs Revenue by Country
7.1.3 Germany
7.1.4 France
7.1.5 U.K.
7.1.6 Italy
7.1.7 Russia
7.2 Europe Micro EVs Market Facts and Figures by Type
7.3 Europe Micro EVs Market Facts and Figures by Application

8 Asia Pacific
……………………………………………….

11 Company Profiles
11.1 Company Profiles 1
11.1.1 Company Profiles 1 Corporation Information
11.1.2 Company Profiles 1 Description and Business Overview
11.1.3 Company Profiles 1 Sales, Revenue and Gross Margin (2015-2020)
11.1.4 Company Profiles 1 Micro EVs Products Offered
11.1.5 Company Profiles 1 Related Developments

11.2 Company Profiles 2
11.2.1 Company Profiles 2 Corporation Information
11.2.2 Company Profiles 2 Description and Business Overview
11.2.3 Company Profiles 2 Sales, Revenue and Gross Margin (2015-2020)
11.2.4 Company Profiles 2 Micro EVs Products Offered
11.2.5 Company Profiles 2 Related Developments

11.3 Company Profiles 3
11.3.1 Company Profiles 3 Corporation Information
11.3.2 Company Profiles 3 Description and Business Overview
11.3.3 Company Profiles 3 Sales, Revenue and Gross Margin (2015-2020)
11.3.4 Company Profiles 3 Micro EVs Products Offered
11.3.5 Company Profiles 3 Related Developments

11.4 Company Profiles 4
11.4.1 Company Profiles 4 Corporation Information
11.4.2 Company Profiles 4 Description and Business Overview
11.4.3 Company Profiles 4 Sales, Revenue and Gross Margin (2015-2020)
11.4.4 Company Profiles 4 Micro EVs Products Offered
11.4.5 Company Profiles 4 Related Developments

11.5 Company Profiles 5
11.5.1 Company Profiles 5 Corporation Information
11.5.2 Company Profiles 5 Description and Business Overview
11.5.3 Company Profiles 5 Sales, Revenue and Gross Margin (2015-2020)
11.5.4 Company Profiles 5 Micro EVs Products Offered
11.5.5 Company Profiles 5 Related Developments
………………………………………………………………………….
13 Market Opportunities, Challenges, Risks and Influences Factors Analysis
13.1 Market Opportunities and Drivers
13.2 Market Challenges
13.3 Market Risks/Restraints
13.4 Porter's Five Forces Analysis
13.5 Primary Interviews with Key Micro EVs Players (Opinion Leaders)

14 Value Chain and Sales Channels Analysis
14.1 Value Chain Analysis
14.2 Micro EVs Customers
14.3 Sales Channels Analysis
14.3.1 Sales Channels
14.3.2 Distributors

15 Research Findings and Conclusion
Continued…………………………………….

Detailed TOC of Global Micro EVs Market @https://www.industryresearch.biz/TOC/15944964

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