Monday 19 December 2016

At A CAGR Of 17.26% , Global Micro Electric Vehicle Industry will rise in the period of 2016-2020

Researchmoz added Most up-to-date research on "Global Micro Electric Vehicle Market 2016-2020" to its huge collection of research reports.

About Micro Electric Vehicles

Micro electric vehicles are vehicles that are engineered with battery electric propulsion systems with a power rating of 4 kWh-15 kWh. They come in two to four-seater vehicle options. This class of vehicles was earlier considered in the electric vehicles category. However, with increased demand for micro electric vehicles (and rapid market growth), they are now considered an independent category of vehicles. The global micro electric vehicles market is primarily classified into two segments: quadricycles and golf carts and micro cars.

Technavios analysts forecast the global micro electric vehicle market to grow at a CAGR of 17.26% during the period 2016-2020.

Covered :
The report covers the present scenario and the growth prospects of the global micro electric vehicle market for 2016-2020. To calculate the market size, the report considers the revenue generated from the on volume sales of micro electric vehicles in the global market.

Segments based on geography:
Americas
APAC
EMEA

To Get Sample Copy of Report visit @ http://www.researchmoz.us/enquiry.php?type=S&repid=867635

Technavio's report, Global Micro Electric Vehicle Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
Ingersoll Rand
Polaris Industries
Smart Automobile Company
Textron
Yamaha Motors

Other prominent vendors
Italcar
ParCar
Rhoades Car

Key driver
Dedicated consortium for development of micro electric vehicles: All-new designs and vehicle platforms drive demand
For a full, detailed list, view our report

Key challenge
Undeveloped infrastructure due to limited charging stations and reliability issues in developing economies
For a full, detailed list, view our report

Key trend
Improved Li-ion batteries, lighter construction, and increasing automation for improved drivability and maneuverability
For a full, detailed list, view our report

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