The North American low-speed vehicle market was valued at $32.92 billion in 2019 and is expected to reach $4199.6 million in 2027. It is expected to grow at an annual average of 3% from 2020 to 2027.
North America, along with several developing countries such as Mexico, constitutes developed countries including the United States and Canada. North America is characterized by the rapid adoption of several technological developments that complement the growth of technologically advanced products and services in the region. Companies in the region are continually improving their entire business processes to meet customers’ demands for quality products and services in the best possible way. North America has a strong presence in the well-developed automotive market and is therefore considered one of the most prominent commercial vehicle producing countries in the world.
A full report of North America Low Speed Vehicle Market is available at: https://www.orionmarketreports.com/north-america-low-speed-vehicle-market/45470/
North America Low Speed Vehicle Market–Segmentation
By Type
• Commercial Turf Utility Vehicles
• Golf Carts
• Industrial Utility Vehicles
• Personnel Carriers
By Propulsion
• Diesel
• Electric
• Less than 5 HP
• 5 to 10 HP
• More than 8 HP
• Gasoline
Companies Mentioned
• Bintelli Electric Vehicle
• Club Car, LLC
• Cruise Car, Inc.,
• Deere & Company
• HDK Co., Ltd.
• Moto Electric Vehicles
• Polaris Inc.
• Textron Specialized Vehicles Inc.
• The Toro Company
• Yamaha Golf-Car Company
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(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
