Electric Utility Vehicles market is valued at 30.42 Million USD in 2017. Electric utility vehicles are a quiet, green alternative to utility terrain vehicles powered by internal combustion engines.
Electric Utility Vehicles can be divided into three categories: commercial use, industrial use and others. Industrial use electric vehicles sales account for the highest proportion, with a figure of 80.72% in 2016, Commercial use account for 13.57%.
The sales revenue market share of China Electric Utility Vehicles in acid lead, gel lead and lithium ion type have been stable year by year, at 84.94%, 10.19% and 4.87% respectively in 2017, and for several consecutive years, the amplitude was within 5 percent. This indicates that the segment of the Electric Utility Vehicles in the China market tends to be fixed without great changes. Among them, the Electric Utility Vehicles market has the most promising sales prospects in the acid lead type.
Marshell is the largest company in the China Electric Utility Vehicles market, accounting for 40.20/% of the revenue market share in 2017, follows by Suzhou Eagle and Guangdong Lvtong, accounting for 15.22% and 13.45% of the revenue market share in 2017.
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2019/10/28- ABB is to acquire a majority stake of 67 percent in Shanghai Chargedot New Energy Technology Co., Ltd. (“Chargedot”), a leading Chinese e-mobility solution provider. The transaction is expected to be completed in the coming months and ABB has the possibility to increase its stake further in the next three years.
2019/10/28- Volkswagen is readying two Chinese factories to build electric cars next year. The Chinese plants will have a production capacity of 600,000 vehicles, according to Volkswagen’s plans, which have not been previously reported — revealing VW’s ability to industrialize production faster than other pioneers in the electric vehicle market.
Tesla is still trying to reach its goal of making more than 500,000 cars a year by building a new factory in Shanghai, China, while VW can rely on an established workforce in two of its plants in Anting and Foshun to build zero-emission cars.
Geographically, global Electric Utility Vehicles market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the top players including
Club Car, Polaris, Ligier Professional, Alke, Taylor-Dunn, Cushman, Marshell, John Deere, STAR EV, Suzhou Eagle, Guangdong Lvtong, Shenzhen Wosen and Among Others
On the basis of product, we research the production, revenue, price, market share and growth rate, primarily split into
Acid Lead Type
Gel Lead Type
Lithium Ion Type
For the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate of Electric Utility Vehicles for each application, including
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Production, consumption, revenue, market share and growth rate are the key targets for Electric Utility Vehicles from 2014 to 2026 (forecast) in these regions
Key objectives of Electric Utility Vehicles Market Report:
- Analyzing the market overview, considering the ongoing market trends and porter’s five forces.
- Market Dynamics, Majorly focusing on factors driving the current market scenario, along with market growth possibilities over forecast period.
- Market Segmentation analysis, comprising qualitative and quantitative research, combining both economic and non economic influence.
- Country level analysis, integrating the demand and supply factors driving the Electric Utility Vehicles
- Competitive landscape, comprising market distribution status of prominent market players, and their key strategies adopted, based on historical data.
- In-depth company profiles, including product launch, value analysis, SWOT analysis and business strategies adopted by dominant players.
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