Status : Published | Published On : Dec, 2023 | Report Code : VRAT4004 | Industry : Automotive & Transportation | Available Format : | Page : 187 |
Industry Overview
During the projected period of 2025-30, the Global Light Electric Vehicle Market is expected to reach USD 6.83 billion by 2030 with a CAGR of 9.3%, and currently, in 2023 the market is USD 2.3 Billion. However, the reasons behind propelling the Global electric market are emerging environmental concerns, financial support from the governments, depletion in oil reserves, and frequent price variation in the fuel market. Moreover, several new chagrining stations, rapid latest trends, and technology used in the manufacturing of e-bikes are also expected to contribute to the growth plan of the Global light E-vehicle market.
This study sheds insight into the global light electric vehicle market sizes in various nations and segments. However, the light e-vehicle trend, technology, government policies, and previously predicted and realized growth plans of the same tenure serve as the research basis for this study. Additionally, this research discusses the qualitative and quantitative characteristics, prospects, and problems of the sector in each of the regions and countries that participated in the study.
Impact of Covid-19
The pandemic of Covid-19 impacted the overall automotive industry & transport industries and undoubtedly impacted the e-bike market, electric vehicle parts market, and e-vehicle battery market. Due to the global supply chain being disrupted during the epidemic; some light EV manufacturers noticed a straight decline in sales of their e-vehicles. However, the outcome of this was manufacturers had to compromise with their showrooms due to the rapid extension of lockdown and shutdown.
After the COVID-19 outbreak, the Global Light Vehicle Market is getting exponential growth through receiving financial as well as promotional support from governments and the emergence of an eco-friendly-environment.
Market Segment
Insight by Product
Based on product type global market of light electric vehicles is bifurcated into Hybrid Electric Vehicle (HEV), Plug-in Hybrid Electric Vehicle (PHEV), and Battery Electric Vehicle (BEV) for two-wheelers, and three-wheeler vehicles. The light electric market of vehicles is dominated by the Plug-in Hybrid Electric Vehicle (PHEV) which is anticipated to play the crucial role of the highest contributor to the projected CAGR. Moreover, the impact of the e-charging station market growth is also estimated to contribute to the growth plan of the global light electric vehicle market.
Insight by voltage
Based on voltage range, the market for light electric vehicles is divided into 24V, 36V, 48V, 60V, and 72V segments. In 2021, 48V light electric vehicles, primarily utilized in electric bikes and scooters, generated the most income. However, throughout the projected period, the quick growth of 72V battery pack light electric vehicles is anticipated to be driven by the rise in demand for the use of 72V electric vehicles as an alternative to cars and public transportation among city inhabitants.
Insight by application
Based on application global electric vehicle market is divided into e-vehicles for personal use, commercial, sports, and shared. E-scooters for personal and commercial purposes and E-rickshaws in support of governments’ financial policies and subsidies have dominated the market. Moreover, the reduced oil reserve and rapid hike in fuel prices are also contributing to the global electric vehicle market to growth.
Insight by Battery
The global light electric vehicle market is based on batteries bifurcated into Lithium cobalt batteries (LCA), Lithium-ion polymer batteries (LiPo), Lithium-ion batteries, nickel-metal hydride batteries (NIMH), and more. Due to its long endurance and low maintenance requirements, the lithium-ion segment dominates the LEV market and is anticipated to contribute to the growth plan of e-vehicles with lithium-ion batteries.
Report Metric |
Details |
Historical Period |
2018 - 2023 |
Base Year Considered |
2024 |
Forecast Period |
2025 - 2030 |
Market Size in 2023 |
U.S.D. 2.3 Billion |
Revenue Forecast in 2030 |
U.S.D. 6.83 Billion |
Growth Rate |
9.3% |
Segments Covered in the Report |
By Product, By Voltage, By Application, By Battery |
Report Scope |
Market Trends, Drivers, and Restraints; Revenue Estimation and Forecast; Segmentation Analysis; Impact of COVID-19; Companies’ Strategic Developments; Market Share Analysis of Key Players; Company Profiling |
Regions Covered in the Report |
North America, Europe, Asia-Pacific, Middle East, and the Rest of the World |
Industry dynamic
Growth Drivers
The global light electricity market growth drivers are fuel efficiency, LEV performance, and emission. Additionally, stringent government rules and regulations towards vehicle emissions along with cost-effective and low maintenance endured lithium-ion battery market also play a crucial role in the LEV market’s growth and are anticipated to support the market during the journey of the projected period.
Challenges
During the projected period of 2025-2030, the Global light electric market growth has challenges as well. The speed of the LEVs plays a major role in that. Moreover, fewer charging stations are also a considerable challenging factor in the growth of the LEV market. But as different governments are initiating and providing financial as well as promotional support to eco-friendly vehicles these challenges are also expected to be overcome during the forecast period. The global charging station market is expected to grow at a CAGR of 44.1% during the forecast period which will directly impact LEV market growth. Additionally, the global Electric vehicle market with the latest trends and technologies is growing and is expected to value 134.6 billion dollars during the same projected period.
Industry ecosystem
Industry companies are expanding their regional reach and introducing new goods to take advantage of market growth on a global scale. A variety of players are investing in the creation of new battery technologies to reduce the price of light electric cars so they can compete with gasoline cars in terms of performance and price. Industry leaders expect to price reduction of light electric vehicles drastically and improve their performance in the upcoming years, resulting in widespread acceptance.
The Global Light Vehicle market key players give the overview through an in-depth study of competition which includes an overview of the business, financials, revenue, market potential, investments in R&D, new market initiatives, regional presence, corporate strengths and weaknesses, product launches, product breadth and depth, and application domination.
Geographical Overview
Since the region is seeing significant urbanization and hence needs sustainable and reasonably priced transportation options, APAC is recognized as having the largest light electric car market. Government programs and subsidies are also promoting regional market expansion as a means of reducing the industrial economies' rising pollution levels, notably those of China and India. Electric bikes are also in high demand in Europe, which is helping the market for light electric cars expand there.
Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America market share data are all independently available. DBMR analysts are aware of competitive advantages and offer competitive analyses for each rival individually.
Recent Development by Key Players
Hyundai Motor Company and Iveco Group collaborated for an IVECO-badged all-electric light commercial vehicle for Europe, based on Hyundai’s Global eLCV platform. The new vehicle will join Iveco Group’s electric light commercial vehicle lineup, enhancing the Group’s LCV portfolio alongside the iconic IVECO Daily.
The Renault Group and the Volvo Group have partnered to develop a new generation of electric vans. It operates under the name Flexis and will be funded by its two parent companies with 300 million euros each within three years. The business purpose of the new unit is the development and production of innovative electric vans based on a software-based 800-volt platform.
Competitive Insight
Toyota Motor Corporation is a Japanese multinational automotive manufacturer headquartered in Toyota City, Aichi, Japan. It was founded by Kiichiro Toyoda and incorporated on August 28, 1937. Toyota is the largest automobile manufacturer in the world, producing about 10 million vehicles per year.
Volkswagen AG, known internationally as the Volkswagen Group, is a German public multinational conglomerate manufacturer of passenger and commercial vehicles, motorcycles, engines and turbomachinery.
Toyota Motor Corporation, Volkswagen AG, Hyundai Motor Group, Fiat Chrysler Automobiles, Honda Motor Co., Ltd., Groupe Renault, Nissan, Groupe PSA, Zhejiang Geely Holding Group, Ashok Leyland, Suzuki Motor Corporation, Tata Motors, and MITSUBISHI MOTORS CORPORATION are the major player of the domestic as well as global light vehicles market.
The electric freight bike solutions company Velosophy BV has been acquired by Accell Group. Ingersoll-Rand plc, Polaris Industries, Inc., Gogoro Inc., GOVECS GmbH, Lit Motors Inc., Mahindra GenZe, Piaggio & C. SpA, Terra Motors, Vmoto Limited, Yadea Technology Group, Zero Motorcycles Inc., AIMA Technology Group Co. Ltd., and Jiangsu Xinri E-Vehicle Co., Ltd. are a few of the other
The Light Electric Vehicle Market report offers a comprehensive market segmentation analysis along with an estimation for the forecast period 2025–2030.
Segments Covered in the Report
Region Covered in the Report
1. Research Overview
1.1. The Report Offers
1.2. Market Coverage
1.2.1. By Product
1.2.2. By Voltage
1.2.3. By Application
1.2.4. By Battery
1.2.5. By Region
1.3. Research Phases
1.4. Limitations
1.5. Market Methodology
1.5.1. Data Sources
1.5.1.1. Primary Research
1.5.1.2. Secondary Research
1.5.2. Methodology
1.5.2.1. Data Exploration
1.5.2.2. Forecast Parameters
1.5.2.3. Data Validation
1.5.2.4. Assumptions
1.5.3. Study Period & Data Reporting Unit
2. Executive Summary
3. Industry Overview
3.1. Industry Dynamics
3.1.1. Market Growth Drivers
3.1.2. Market Restraints
3.1.3. Key Market Trends
3.1.4. Major Opportunities
3.2. Industry Ecosystem
3.2.1. Porter’s Five Forces Analysis
3.2.2. Recent Development Analysis
3.2.3. Value Chain Analysis
3.3. Competitive Insight
3.3.1. Competitive Position of Industry Players
3.3.2. Market Attractive Analysis
3.3.3. Market Share Analysis
4. Global Market Estimate and Forecast
4.1. Global Market Overview
4.2. Global Market Estimate and Forecast to 2030
5. Market Segmentation Estimate and Forecast
5.1. By Product
5.1.1. Hybrid Electric Vehicle (HEV)
5.1.1.1. Market Definition
5.1.1.2. Market Estimation and Forecast to 2030
5.1.2. Plug-in Hybrid Electric Vehicle (PHEV)
5.1.2.1. Market Definition
5.1.2.2. Market Estimation and Forecast to 2030
5.1.3. Battery Electric Vehicle (BEV)
5.1.3.1. Market Definition
5.1.3.2. Market Estimation and Forecast to 2030
5.2. By Voltage
5.2.1. 24V
5.2.1.1. Market Definition
5.2.1.2. Market Estimation and Forecast to 2030
5.2.2. 36V
5.2.2.1. Market Definition
5.2.2.2. Market Estimation and Forecast to 2030
5.2.3. 48V
5.2.3.1. Market Definition
5.2.3.2. Market Estimation and Forecast to 2030
5.2.4. 60V
5.2.4.1. Market Definition
5.2.4.2. Market Estimation and Forecast to 2030
5.2.5. 72V
5.2.5.1. Market Definition
5.2.5.2. Market Estimation and Forecast to 2030
5.3. By Application
5.3.1. E-Vehicles
5.3.1.1. Market Definition
5.3.1.2. Market Estimation and Forecast to 2030
5.3.2. Commercial Vehicles
5.3.2.1. Market Definition
5.3.2.2. Market Estimation and Forecast to 2030
5.3.3. Sports and Shared
5.3.3.1. Market Definition
5.3.3.2. Market Estimation and Forecast to 2030
5.4. By Battery
5.4.1. Lithium Cobalt Batteries (LCo)
5.4.1.1. Market Definition
5.4.1.2. Market Estimation and Forecast to 2030
5.4.2. Lithium-Ion Polymer Batteries (LiPo)
5.4.2.1. Market Definition
5.4.2.2. Market Estimation and Forecast to 2030
5.4.3. Lithium-Ion Batteries
5.4.3.1. Market Definition
5.4.3.2. Market Estimation and Forecast to 2030
5.4.4. Nickel-Metal Hybride Battries (NIMH)
5.4.4.1. Market Definition
5.4.4.2. Market Estimation and Forecast to 2030
6. North America Market Estimate and Forecast
6.1. By Product
6.2. By Voltage
6.3. By Application
6.4. By Battery
6.5. By Country – U.S., Canada, and Mexico
6.5.1. U.S. Market Estimate and Forecast
6.5.2. Canada Market Estimate and Forecast
6.5.3. Mexico Market Estimate and Forecast
7. Europe Market Estimate and Forecast
7.1. By Product
7.2. By Voltage
7.3. By Application
7.4. By Battery
7.5. By Country – Germany, U.K., France, Italy, Spain, Russia, and Rest of Europe
7.5.1. Germany Market Estimate and Forecast
7.5.2. France Market Estimate and Forecast
7.5.3. U.K. Market Estimate and Forecast
7.5.4. Italy Market Estimate and Forecast
7.5.5. Spain Market Estimate and Forecast
7.5.6. Rest of Europe Market Estimate and Forecast
8. Asia-Pacific Market Estimate and Forecast
8.1. By Product
8.2. By Voltage
8.3. By Application
8.4. By Battery
8.5. By Country – China, Japan, India, South Korea, and Rest of Asia-Pacific
8.5.1. China Market Estimate and Forecast
8.5.2. Japan Market Estimate and Forecast
8.5.3. India Market Estimate and Forecast
8.5.4. South Korea Market Estimate and Forecast
8.5.5. Singapore Market Estimate and Forecast
8.5.6. Rest of Asia-Pacific Market Estimate and Forecast
9. Rest of the World (RoW) Market Estimate and Forecast
9.1. By Product
9.2. By Voltage
9.3. By Application
9.4. By Battery
9.5. By Country – Brazil, Saudi Arabia, South Africa, U.A.E., and Other Countries
9.5.1. Brazil Market Estimate and Forecast
9.5.2. Saudi Arabia Market Estimate and Forecast
9.5.3. South Africa Market Estimate and Forecast
9.5.4. Other Countries Market Estimate and Forecast
10. Company Profiles
10.1. BMW Motorrad
10.1.1. Snapshot
10.1.2. Overview
10.1.3. Offerings
10.1.4. Financial Insight
10.1.5. Recent Developments
10.2. Auro Robotics
10.2.1. Snapshot
10.2.2. Overview
10.2.3. Offerings
10.2.4. Financial Insight
10.2.5. Recent Developments
10.3. Ingersoll-Rand Plc
10.3.1. Snapshot
10.3.2. Overview
10.3.3. Offerings
10.3.4. Financial Insight
10.3.5. Recent Developments
10.4. Polaris Industries, Inc.
10.4.1. Snapshot
10.4.2. Overview
10.4.3. Offerings
10.4.4. Financial Insight
10.4.5. Recent Developments
10.5. Textron Inc.
10.5.1. Snapshot
10.5.2. Overview
10.5.3. Offerings
10.5.4. Financial Insight
10.5.5. Recent Developments
10.6. Gogoro Inc.
10.6.1. Snapshot
10.6.2. Overview
10.6.3. Offerings
10.6.4. Financial Insight
10.6.5. Recent Developments
10.7. GOVECS GmbH
10.7.1. Snapshot
10.7.2. Overview
10.7.3. Offerings
10.7.4. Financial Insight
10.7.5. Recent Developments
10.8. Lit Motors Inc.
10.8.1. Snapshot
10.8.2. Overview
10.8.3. Offerings
10.8.4. Financial Insight
10.8.5. Recent Developments
10.9. Mahindra GenZe
10.9.1. Snapshot
10.9.2. Overview
10.9.3. Offerings
10.9.4. Financial Insight
10.9.5. Recent Developments
10.10. Piaggio & C. SpA
10.10.1. Snapshot
10.10.2. Overview
10.10.3. Offerings
10.10.4. Financial Insight
10.10.5. Recent Developments
10.11. Terra Motors
10.11.1. Snapshot
10.11.2. Overview
10.11.3. Offerings
10.11.4. Financial Insight
10.11.5. Recent Developments
10.12. Vmoto Limited
10.12.1. Snapshot
10.12.2. Overview
10.12.3. Offerings
10.12.4. Financial Insight
10.12.5. Recent Developments
10.3. Yadea Technology Group
10.13.1. Snapshot
10.13.2. Overview
10.13.3. Offerings
10.13.4. Financial Insight
10.13.5. Recent Developments
10.4. Zero Motorcycles Inc.
10.14.1. Snapshot
10.14.2. Overview
10.14.3. Offerings
10.14.4. Financial Insight
10.4.5. Recent Developments
10.15. AIMA Technology Group Co. Ltd.
10.15.1. Snapshot
10.15.2. Overview
10.15.3. Offerings
10.15.4. Financial Insight
10.15.5. Recent Developments
10.16. Jiangsu Xinri E-Vehicle Co., Ltd.
10.16.1. Snapshot
10.16.2. Overview
10.16.3. Offerings
10.16.4. Financial Insight
10.16.5. Recent Developments
11. Appendix
11.1. Exchange Rates
11.2. Abbreviations
Note: Financial insight and recent developments of different companies are subject to the availability of information in the secondary domain.
List of Tables
Table 1 Sources
Table 2 Study Periods
Table 3 Data Reporting Unit
Table 4 Global Light Electric Vehicle Market, By Product, 2018-2023 (USD Billion)
Table 5 Global Light Electric Vehicle Market, By Product, 2025-2030 (USD Billion)
Table 6 Global Light Electric Vehicle Market, By Voltage, 2018-2023 (USD Billion)
Table 7 Global Light Electric Vehicle Market, By Voltage, 2025-2030 (USD Billion)
Table 8 Global Light Electric Vehicle Market, By Application, 2018-2023 (USD Billion)
Table 9 Global Light Electric Vehicle Market, By Application, 2025-2030 (USD Billion)
Table 10 Global Light Electric Vehicle Market, By Battery, 2018-2023 (USD Billion)
Table 11 Global Light Electric Vehicle Market, By Battery, 2025-2030 (USD Billion)
Table 12 Global Light Electric Vehicle Market, By Region, 2018-2023 (USD Billion)
Table 13 Global Light Electric Vehicle Market, By Region, 2025-2030 (USD Billion)
Table 14 North America Light Electric Vehicle Market, By Product, 2018-2023 (USD Billion)
Table 15 North America Light Electric Vehicle Market, By Product, 2025-2030 (USD Billion)
Table 16 North America Light Electric Vehicle Market, By Voltage, 2018-2023 (USD Billion)
Table 17 North America Light Electric Vehicle Market, By Voltage, 2025-2030 (USD Billion)
Table 18 North America Light Electric Vehicle Market, By Application, 2018-2023 (USD Billion)
Table 19 North America Light Electric Vehicle Market, By Application, 2025-2030 (USD Billion)
Table 20 North America Light Electric Vehicle Market, By Battery, 2018-2023 (USD Billion)
Table 21 North America Light Electric Vehicle Market, By Battery, 2025-2030 (USD Billion)
Table 22 North America Light Electric Vehicle Market, By Region, 2018-2023 (USD Billion)
Table 23 North America Light Electric Vehicle Market, By Region, 2025-2030 (USD Billion)
Table 24 Europe Light Electric Vehicle Market, By Product, 2018-2023 (USD Billion)
Table 25 Europe Light Electric Vehicle Market, By Product, 2025-2030 (USD Billion)
Table 26 Europe Light Electric Vehicle Market, By Voltage, 2018-2023 (USD Billion)
Table 27 Europe Light Electric Vehicle Market, By Voltage, 2025-2030 (USD Billion)
Table 28 Europe Light Electric Vehicle Market, By Application, 2018-2023 (USD Billion)
Table 29 Europe Light Electric Vehicle Market, By Application, 2025-2030 (USD Billion)
Table 30 Europe Light Electric Vehicle Market, By Battery, 2018-2023 (USD Billion)
Table 31 Europe Light Electric Vehicle Market, By Battery, 2025-2030 (USD Billion)
Table 32 Europe Light Electric Vehicle Market, By Region, 2018-2023 (USD Billion)
Table 33 Europe Light Electric Vehicle Market, By Region, 2025-2030 (USD Billion)
Table 34 Asia-Pacific Light Electric Vehicle Market, By Product, 2018-2023 (USD Billion)
Table 35 Asia-Pacific Light Electric Vehicle Market, By Product, 2025-2030 (USD Billion)
Table 36 Asia-Pacific Light Electric Vehicle Market, By Voltage, 2018-2023 (USD Billion)
Table 37 Asia-Pacific Light Electric Vehicle Market, By Voltage, 2025-2030 (USD Billion)
Table 38 Asia-Pacific Light Electric Vehicle Market, By Application, 2018-2023 (USD Billion)
Table 39 Asia-Pacific Light Electric Vehicle Market, By Application, 2025-2030 (USD Billion)
Table 40 Asia-Pacific Light Electric Vehicle Market, By Battery, 2018-2023 (USD Billion)
Table 41 Asia-Pacific Light Electric Vehicle Market, By Battery, 2025-2030 (USD Billion)
Table 42 Asia-Pacific Light Electric Vehicle Market, By Region, 2018-2023 (USD Billion)
Table 43 Asia-Pacific Light Electric Vehicle Market, By Region, 2025-2030 (USD Billion)
Table 44 RoW Light Electric Vehicle Market, By Product, 2018-2023 (USD Billion)
Table 45 RoW Light Electric Vehicle Market, By Product, 2025-2030 (USD Billion)
Table 46 RoW Light Electric Vehicle Market, By Voltage, 2018-2023 (USD Billion)
Table 47 RoW Light Electric Vehicle Market, By Voltage, 2025-2030 (USD Billion)
Table 48 RoW Light Electric Vehicle Market, By Application, 2018-2023 (USD Billion)
Table 49 RoW Light Electric Vehicle Market, By Application, 2025-2030 (USD Billion)
Table 50 RoW Light Electric Vehicle Market, By Battery, 2018-2023 (USD Billion)
Table 51 RoW Light Electric Vehicle Market, By Battery, 2025-2030 (USD Billion)
Table 52 RoW Light Electric Vehicle Market, By Region, 2018-2023 (USD Billion)
Table 53 RoW Light Electric Vehicle Market, By Region, 2025-2030 (USD Billion)
Table 54 Snapshot – BMW Motorrad
Table 55 Snapshot – Auro Robotics
Table 56 Snapshot – Ingersoll-Rand Plc
Table 57 Snapshot – Polaris Industries, Inc.
Table 58 Snapshot – Textron Inc.
Table 59 Snapshot – Gogoro Inc.
Table 60 Snapshot – GOVECS GmbH
Table 61 Snapshot – Lit Motors Inc.
Table 62 Snapshot – Mahindra GenZe
Table 63 Snapshot – Piaggio & C. SpA
Table 64 Snapshot – Terra Motors
Table 65 Snapshot – Vmoto Limited
Table 66 Snapshot – Yadea Technology Group
Table 67 Snapshot – Zero Motorcycles Inc.
Table 68 Snapshot – AIMA Technology Group Co. Ltd.
Table 69 Snapshot – Jiangsu Xinri E-Vehicle Co., Ltd.
List of Figures
Figure 1 Market Coverage
Figure 2 Research Phases
Figure 3 Secondary Sources for Different Parameters
Figure 4 Methodology
Figure 5 Data Mining & Exploration
Figure 6 Data Triangulation
Figure 7 Assumptions for Market Estimation and Forecast
Figure 8 Market Synopsis
Figure 9 Global Light Electric Vehicle Market- Growth Drivers and Restraints
Figure 10 Competitive Benchmark
Figure 11 Global Light Electric Vehicle Market Highlight
Figure 12 Global Light Electric Vehicle Market, By Product, 2018 - 2030 (USD Billion)
Figure 13 Global Light Electric Vehicle Market, By Voltage, 2018 - 2030 (USD Billion)
Figure 14 Global Light Electric Vehicle Market, By Application, 2018 - 2030 (USD Billion)
Figure 15 Global Light Electric Vehicle Market, By Battery, 2018 - 2030 (USD Billion)
Figure 16 Global Light Electric Vehicle Market, By Region, 2018 - 2030 (USD Billion)
Figure 17 North America Light Electric Vehicle Market Highlight
Figure 18 North America Light Electric Vehicle Market, By Product, 2018 - 2030 (USD Billion)
Figure 19 North America Light Electric Vehicle Market, By Voltage, 2018 - 2030 (USD Billion)
Figure 20 North America Light Electric Vehicle Market, By Application, 2018 - 2030 (USD Billion)
Figure 21 North America Light Electric Vehicle Market, By Battery, 2018 - 2030 (USD Billion)
Figure 22 North America Light Electric Vehicle Market, By Region, 2018 - 2030 (USD Billion)
Figure 23 Europe Light Electric Vehicle Market Highlight
Figure 24 Europe Light Electric Vehicle Market, By Product, 2018 - 2030 (USD Billion)
Figure 25 Europe Light Electric Vehicle Market, By Voltage, 2018 - 2030 (USD Billion)
Figure 26 Europe Light Electric Vehicle Market, By Application, 2018 - 2030 (USD Billion)
Figure 27 Europe Light Electric Vehicle Market, By Battery, 2018 - 2030 (USD Billion)
Figure 28 Europe Light Electric Vehicle Market, By Region, 2018 - 2030 (USD Billion)
Figure 29 Asia-Pacific Light Electric Vehicle Market Highlight
Figure 30 Asia-Pacific Light Electric Vehicle Market, By Product, 2018 - 2030 (USD Billion)
Figure 31 Asia-Pacific Light Electric Vehicle Market, By Voltage, 2018 - 2030 (USD Billion)
Figure 32 Asia-Pacific Light Electric Vehicle Market, By Application, 2018 - 2030 (USD Billion)
Figure 33 Asia-Pacific Light Electric Vehicle Market, By Battery, 2018 - 2030 (USD Billion)
Figure 34 Asia-Pacific Light Electric Vehicle Market, By Region, 2018 - 2030 (USD Billion)
Figure 35 RoW Light Electric Vehicle Market Highlight
Figure 36 RoW Light Electric Vehicle Market, By Product, 2018 - 2030 (USD Billion)
Figure 37 RoW Light Electric Vehicle Market, By Voltage, 2018 - 2030 (USD Billion)
Figure 38 RoW Light Electric Vehicle Market, By Application, 2018 - 2030 (USD Billion)
Figure 39 RoW Light Electric Vehicle Market, By Battery, 2018 - 2030 (USD Billion)
Figure 40 RoW Light Electric Vehicle Market, By Region, 2018 - 2030 (USD Billion)
Global Light Electric Vehicle Market Coverage
Product Insight and Forecast 2025-2030
Voltage Insight and Forecast 2025-2030
Application Insight and Forecast 2025-2030
Battery Insight and Forecast 2025-2030
Geographical Segmentation
Light Electric Vehicle Market by Region
North America
Europe
Asia-Pacific
Latin America
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