Summary

Electric Utility Vehicle Market – Scope of Report
TMR’s report on the global electric utility vehicle market studies the past as well as the current growth trends and opportunities to gain valuable insights of the indicators of the market during the forecast period from 2024 to 2034. The report provides revenue of the global electric utility vehicle market for the period 2018–2034, considering 2024 as the base year and 2034 as the forecast year. The report also provides the compound annual growth rate (CAGR %) of the global electric utility vehicle market from 2024 to 2034.

The report has been prepared after an extensive research. Primary research involved bulk of the research efforts, wherein analysts carried out interviews with key opinion leaders, industry leaders, and opinion makers. Secondary research involved referring to key players’ product literature, annual reports, press releases, and relevant documents to understand the electric utility vehicle market.

Secondary research also included Internet sources, statistical data from government agencies, websites, and trade associations. Analysts employed a combination of top-down and bottom-up approaches to study various attributes of the global electric utility vehicle market.

The report includes an elaborate executive summary, along with a snapshot of the growth behavior of various segments included in the scope of the study. Moreover, the report throws light on the changing competitive dynamics in the global electric utility vehicle market. These serve as valuable tools for existing market players as well as for entities interested in participating in the global electric utility vehicle market.

The report delves into the competitive landscape of the global electric utility vehicle market. Key players operating in the global electric utility vehicle market have been identified and each one of these has been profiled in terms of various attributes. Company overview, financial standings, recent developments, and SWOT are the attributes of players in the global electric utility vehicle market profiled in this report.

Key Questions Answered in Global electric utility vehicle Market Report
• What is the sales/revenue generated by electric utility vehicle across all regions during the forecast period?
• What are the opportunities in the global electric utility vehicle market?
• What are the major drivers, restraints, opportunities, and threats in the market?
• Which regional market is set to expand at the fastest CAGR during the forecast period?
• Which segment is expected to generate the highest revenue globally in 2034?
• Which segment is projected to expand at the highest CAGR during the forecast period?
• What are the market positions of different companies operating in the global market?

Electric Utility Vehicle Market – Research Objectives and Research Approach
The comprehensive report on the global electric utility vehicle market begins with an overview, followed by the scope and objectives of the study. The report provides detailed explanation of the objectives behind this study and key vendors and distributors operating in the market and regulatory scenario for approval of products.

For reading comprehensibility, the report has been compiled in a chapter-wise layout, with each section divided into smaller ones. The report comprises an exhaustive collection of graphs and tables that are appropriately interspersed. Pictorial representation of actual and projected values of key segments is visually appealing to readers. This also allows comparison of the market shares of key segments in the past and at the end of the forecast period.

The report analyzes the global electric utility vehicle market in terms of product, end-user, and region. Key segments under each criterion have been studied at length, and the market share for each of these at the end of 2034 has been provided. Such valuable insights enable market stakeholders in making informed business decisions for investment in the global electric utility vehicle market.

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Table of Contents

1. Executive Summary: Global Electric Utility Vehicle Market
1.1. Global Market Outlook
1.1.1. Market Size, Volume (Thousand Units), Value (US$ Mn), 2020-2035
1.2. Key Facts and Figures
1.3. Go to Market Strategy
1.3.1. Demand & Supply Side Trends
1.3.2. Identification of Potential Market Spaces
1.3.3. Preferred Sales & Marketing Strategy
1.3.4. Growth Opportunity Analysis
1.4. TMR Analysis and Recommendations
2. Market Overview
2.1. Market Segmentation/ Taxonomy
2.2. Market Definitions
2.3. Key Trend Analysis
2.4. Market Dynamics (Growth Influencers)
2.4.1. Drivers
2.4.2. Restraints
2.4.3. Opportunities
2.5. Porter’s Five Forces Analysis
2.6. Industry SWOT Analysis
2.7. Regulatory Framework
2.8. Ecosystem/Value Chain Analysis
2.8.1. List of Component Suppliers
2.8.2. List of OEM’s/ Electric Utility Vehicle Manufacturers
2.8.3. Level of Integration/ Who Supplies to Whom
2.9. Technology / Product Roadmap
2.10. Global Electric Utility Vehicle Market Size, Analysis, and Forecasts, 2020-2035
2.11. Pricing Model Analysis/ Price Trend Analysis
2.11.1. Cost Structure Analysis, by Manufacturer
2.12. Market Opportunity Assessment - by Region
2.12.1. By Battery Type
2.12.2. By Payload Capacity (KG)
2.12.3. By Vehicle Type
2.12.4. By Application
2.12.5. By Drive Type
2.12.6. By Propulsion
2.12.7. By Seating Capacity
2.13. Impact Factors
2.13.1. Government Initiatives and Policies
2.13.2. Environmental Concerns
2.13.3. Lower Operating Costs
2.13.4. Advancements in Battery Technology
2.14. Import Export Data/ Analysis
3. Global Electric Utility Vehicle Market Analysis, By Battery Type
3.1. Overview and Definitions
3.2. Key Segment Analysis
3.3. Electric Utility Vehicle Market Size, Analysis, and Forecasts, By Battery Type, 2017-2031
3.3.1. Lithium Ion
3.3.2. Lead Acid
3.3.3. Hydrogen Fuel Cell
3.3.4. Others
4. Global Electric Utility Vehicle Market Analysis, by Payload Capacity (KG)
4.1. Overview and Definitions
4.2. Key Segment Analysis
4.3. Electric Utility Vehicle Market Size, Analysis, and Forecasts, by Payload Capacity (KG), 2017-2031
4.3.1. Up to 200 KG
4.3.2. 201 KG - 500 KG
4.3.3. 501 KG - 1000 KG
4.3.4. 1001 KG - 1250 KG
4.3.5. More Than 1250 KG
5. Global Electric Utility Vehicle Market Analysis, by Vehicle Type
5.1. Key Segment Analysis
5.2. Electric Utility Vehicle Market Size, Analysis, and Forecasts, by Vehicle Type, 2017-2031
5.2.1. Sport Utility Vehicle
5.2.2. Multi Utility Vehicle
5.2.3. Utility Terrain Vehicle
5.2.4. Others
6. Global Electric Utility Vehicle Market Analysis, by Application
6.1. Key Segment Analysis
6.2. Electric Utility Vehicle Market Size, Analysis, and Forecasts, by Application, 2017-2031
6.2.1. Passenger Commute
6.2.2. Industrial
6.2.3. Agricultural
6.2.4. Off-Roading
6.2.5. Towing/ Hauling
6.2.6. Sports
6.2.7. Others
7. Global Electric Utility Vehicle Market Analysis, by Drive Type
7.1. Key Segment Analysis
7.2. Electric Utility Vehicle Market Size, Analysis, and Forecasts, by Drive Type, 2017-2031
7.2.1. 2WD
7.2.2. 4WD
7.2.3. AWD
8. Global Electric Utility Vehicle Market Analysis, by Propulsion
8.1. Key Segment Analysis
8.2. Electric Utility Vehicle Market Size, Analysis, and Forecasts, by Propulsion, 2017-2031
8.2.1. Battery Electric Vehicle
8.2.2. Hybrid/ Plug-in Hybrid Electric Vehicle
9. Global Electric Utility Vehicle Market Analysis, by Seating Capacity
9.1. Key Segment Analysis
9.2. Electric Utility Vehicle Market Size, Analysis, and Forecasts, by Seating Capacity, 2017-2031
9.2.1. 1-Seater
9.2.2. 2-Seater
9.2.3. More Than 2- Seater
10. Global Electric Utility Vehicle Market Analysis and Forecasts, by Region
10.1. Key Findings
10.2. Electric Utility Vehicle Market Size, Analysis, and Forecasts, by Region, 2017-2031
10.2.1. North America
10.2.2. Central and South America
10.2.3. Europe
10.2.4. Asia Pacific
10.2.5. Middle East and Africa
11. North America Electric Utility Vehicle Market Analysis and Forecast
11.1. Regional Outlook
11.2. Electric Utility Vehicle Market Size, Analysis, and Forecasts, 2017-2031
11.2.1. By Battery Type
11.2.2. By Payload Capacity (KG)
11.2.3. By Vehicle Type
11.2.4. By Application
11.2.5. By Drive Type
11.2.6. By Propulsion
11.2.7. By Seating Capacity
11.2.8. By Country
11.2.8.1. USA
11.2.8.2. Canada
11.2.8.3. Mexico
12. Central and South America Electric Utility Vehicle Market Analysis and Forecast
12.1. Regional Outlook
12.2. Electric Utility Vehicle Market Size, Analysis, and Forecasts, 2017-2031
12.2.1. By Battery Type
12.2.2. By Payload Capacity (KG)
12.2.3. By Vehicle Type
12.2.4. By Application
12.2.5. By Drive Type
12.2.6. By Propulsion
12.2.7. By Seating Capacity
12.2.8. By Country
12.2.8.1. Brazil
12.2.8.2. Argentina
12.2.8.3. Chile
12.2.8.4. Colombia
12.2.8.5. Peru
12.2.8.6. Central America
12.2.8.7. Rest of Central and South America
13. Europe Electric Utility Vehicle Market Analysis and Forecast
13.1. Regional Outlook
13.2. Electric Utility Vehicle Market Size, Analysis, and Forecasts, 2017-2031
13.2.1. By Battery Type
13.2.2. By Payload Capacity (KG)
13.2.3. By Vehicle Type
13.2.4. By Application
13.2.5. By Drive Type
13.2.6. By Propulsion
13.2.7. By Seating Capacity
13.2.8. By Country
13.2.8.1. Germany
13.2.8.2. UK
13.2.8.3. France
13.2.8.4. Italy
13.2.8.5. Spain
13.2.8.6. Russia & CIS
13.2.8.7. Poland
13.2.8.8. Netherlands
13.2.8.9. Nordic Countries
13.2.8.10. Rest of Europe
14. Asia Pacific Electric Utility Vehicle Market Analysis and Forecast
14.1. Regional Outlook
14.2. Electric Utility Vehicle Market Size, Analysis, and Forecasts, 2017-2031
14.2.1. By Battery Type
14.2.2. By Payload Capacity (KG)
14.2.3. By Vehicle Type
14.2.4. By Application
14.2.5. By Drive Type
14.2.6. By Propulsion
14.2.7. By Seating Capacity
14.2.8. By Country
14.2.8.1. China
14.2.8.2. India
14.2.8.3. Japan
14.2.8.4. Indonesia
14.2.8.5. Malaysia
14.2.8.6. Thailand
14.2.8.7. Vietnam
14.2.8.8. South Korea
14.2.8.9. ANZ
14.2.8.10. Rest of Asia Pacific
15. Middle East & Africa Electric Utility Vehicle Market Analysis and Forecast
15.1. Regional Outlook
15.2. Electric Utility Vehicle Market Size, Analysis, and Forecasts, 2017-2031
15.2.1. By Battery Type
15.2.2. By Payload Capacity (KG)
15.2.3. By Vehicle Type
15.2.4. By Application
15.2.5. By Drive Type
15.2.6. By Propulsion
15.2.7. By Seating Capacity
15.2.8. By Country
15.2.8.1. Turkey
15.2.8.2. Saudi Arabia
15.2.8.3. UAE
15.2.8.4. Israel
15.2.8.5. Kuwait
15.2.8.6. Egypt
15.2.8.7. Morocco
15.2.8.8. South Africa
15.2.8.9. Nigeria
15.2.8.10. Rest of Middle East and Africa
16. Competitive Landscape
16.1. List of key players
16.2. Company Profile/ Analysis
16.3. Revenue Share Analysis
16.4. Technology Comparison Analysis
16.5. Product Capacity, by key players
16.6. Product/ Service/ Vehicle Type Category for Key Players
16.7. Competitive Dashboard Analysis
16.8. Competitive Scenario
17. Company Profiles
17.1. Addax Motors
17.1.1. Company Overview
17.1.2. Company Footprints
17.1.3. Product Portfolio
17.1.4. Competitors & Customers
17.1.5. Subsidiaries & Parent Organization
17.1.6. Recent Developments
17.1.7. Financial Analysis
17.2. ADIGO DRIVES AB
17.2.1. Company Overview
17.2.2. Company Footprints
17.2.3. Product Portfolio
17.2.4. Competitors & Customers
17.2.5. Subsidiaries & Parent Organization
17.2.6. Recent Developments
17.2.7. Financial Analysis
17.3. Alke
17.3.1. Company Overview
17.3.2. Company Footprints
17.3.3. Product Portfolio
17.3.4. Competitors & Customers
17.3.5. Subsidiaries & Parent Organization
17.3.6. Recent Developments
17.3.7. Financial Analysis
17.4. American Landmaster
17.4.1. Company Overview
17.4.2. Company Footprints
17.4.3. Product Portfolio
17.4.4. Competitors & Customers
17.4.5. Subsidiaries & Parent Organization
17.4.6. Recent Developments
17.4.7. Financial Analysis
17.5. Arctic Cat
17.5.1. Company Overview
17.5.2. Company Footprints
17.5.3. Product Portfolio
17.5.4. Competitors & Customers
17.5.5. Subsidiaries & Parent Organization
17.5.6. Recent Developments
17.5.7. Financial Analysis
17.6. Auto Rennen India
17.6.1. Company Overview
17.6.2. Company Footprints
17.6.3. Product Portfolio
17.6.4. Competitors & Customers
17.6.5. Subsidiaries & Parent Organization
17.6.6. Recent Developments
17.6.7. Financial Analysis
17.7. Balkancar Record
17.7.1. Company Overview
17.7.2. Company Footprints
17.7.3. Product Portfolio
17.7.4. Competitors & Customers
17.7.5. Subsidiaries & Parent Organization
17.7.6. Recent Developments
17.7.7. Financial Analysis
17.8. BYD
17.8.1. Company Overview
17.8.2. Company Footprints
17.8.3. Product Portfolio
17.8.4. Competitors & Customers
17.8.5. Subsidiaries & Parent Organization
17.8.6. Recent Developments
17.8.7. Financial Analysis
17.9. Can-Am Motorcycles
17.9.1. Company Overview
17.9.2. Company Footprints
17.9.3. Product Portfolio
17.9.4. Competitors & Customers
17.9.5. Subsidiaries & Parent Organization
17.9.6. Recent Developments
17.9.7. Financial Analysis
17.10. CFMOTO
17.10.1. Company Overview
17.10.2. Company Footprints
17.10.3. Product Portfolio
17.10.4. Competitors & Customers
17.10.5. Subsidiaries & Parent Organization
17.10.6. Recent Developments
17.10.7. Financial Analysis
17.11. Club Car
17.11.1. Company Overview
17.11.2. Company Footprints
17.11.3. Product Portfolio
17.11.4. Competitors & Customers
17.11.5. Subsidiaries & Parent Organization
17.11.6. Recent Developments
17.11.7. Financial Analysis
17.12. Crossfire Motorcycles
17.12.1. Company Overview
17.12.2. Company Footprints
17.12.3. Product Portfolio
17.12.4. Competitors & Customers
17.12.5. Subsidiaries & Parent Organization
17.12.6. Recent Developments
17.12.7. Financial Analysis
17.13. DRR USA
17.13.1. Company Overview
17.13.2. Company Footprints
17.13.3. Product Portfolio
17.13.4. Competitors & Customers
17.13.5. Subsidiaries & Parent Organization
17.13.6. Recent Developments
17.13.7. Financial Analysis
17.14. Eco Charger
17.14.1. Company Overview
17.14.2. Company Footprints
17.14.3. Product Portfolio
17.14.4. Competitors & Customers
17.14.5. Subsidiaries & Parent Organization
17.14.6. Recent Developments
17.14.7. Financial Analysis
17.15. Edgo Carts
17.15.1. Company Overview
17.15.2. Company Footprints
17.15.3. Product Portfolio
17.15.4. Competitors & Customers
17.15.5. Subsidiaries & Parent Organization
17.15.6. Recent Developments
17.15.7. Financial Analysis
17.16. Electric Wheels
17.16.1. Company Overview
17.16.2. Company Footprints
17.16.3. Product Portfolio
17.16.4. Competitors & Customers
17.16.5. Subsidiaries & Parent Organization
17.16.6. Recent Developments
17.16.7. Financial Analysis
17.17. Evum Motors
17.17.1. Company Overview
17.17.2. Company Footprints
17.17.3. Product Portfolio
17.17.4. Competitors & Customers
17.17.5. Subsidiaries & Parent Organization
17.17.6. Recent Developments
17.17.7. Financial Analysis
17.18. Excar
17.18.1. Company Overview
17.18.2. Company Footprints
17.18.3. Product Portfolio
17.18.4. Competitors & Customers
17.18.5. Subsidiaries & Parent Organization
17.18.6. Recent Developments
17.18.7. Financial Analysis
17.19. Godrej Material Handling
17.19.1. Company Overview
17.19.2. Company Footprints
17.19.3. Product Portfolio
17.19.4. Competitors & Customers
17.19.5. Subsidiaries & Parent Organization
17.19.6. Recent Developments
17.19.7. Financial Analysis
17.20. Hisun Motors
17.20.1. Company Overview
17.20.2. Company Footprints
17.20.3. Product Portfolio
17.20.4. Competitors & Customers
17.20.5. Subsidiaries & Parent Organization
17.20.6. Recent Developments
17.20.7. Financial Analysis
17.21. Honda
17.21.1. Company Overview
17.21.2. Company Footprints
17.21.3. Product Portfolio
17.21.4. Competitors & Customers
17.21.5. Subsidiaries & Parent Organization
17.21.6. Recent Developments
17.21.7. Financial Analysis
17.22. John Deere
17.22.1. Company Overview
17.22.2. Company Footprints
17.22.3. Product Portfolio
17.22.4. Competitors & Customers
17.22.5. Subsidiaries & Parent Organization
17.22.6. Recent Developments
17.22.7. Financial Analysis
17.23. Kawasaki
17.23.1. Company Overview
17.23.2. Company Footprints
17.23.3. Product Portfolio
17.23.4. Competitors & Customers
17.23.5. Subsidiaries & Parent Organization
17.23.6. Recent Developments
17.23.7. Financial Analysis
17.24. Kion Group
17.24.1. Company Overview
17.24.2. Company Footprints
17.24.3. Product Portfolio
17.24.4. Competitors & Customers
17.24.5. Subsidiaries & Parent Organization
17.24.6. Recent Developments
17.24.7. Financial Analysis
17.25. Linhai
17.25.1. Company Overview
17.25.2. Company Footprints
17.25.3. Product Portfolio
17.25.4. Competitors & Customers
17.25.5. Subsidiaries & Parent Organization
17.25.6. Recent Developments
17.25.7. Financial Analysis
17.26. Marshell
17.26.1. Company Overview
17.26.2. Company Footprints
17.26.3. Product Portfolio
17.26.4. Competitors & Customers
17.26.5. Subsidiaries & Parent Organization
17.26.6. Recent Developments
17.26.7. Financial Analysis
17.27. Nebula Automotive
17.27.1. Company Overview
17.27.2. Company Footprints
17.27.3. Product Portfolio
17.27.4. Competitors & Customers
17.27.5. Subsidiaries & Parent Organization
17.27.6. Recent Developments
17.27.7. Financial Analysis
17.28. Pilotcars Electric Vehicles
17.28.1. Company Overview
17.28.2. Company Footprints
17.28.3. Product Portfolio
17.28.4. Competitors & Customers
17.28.5. Subsidiaries & Parent Organization
17.28.6. Recent Developments
17.28.7. Financial Analysis
17.29. Polaris
17.29.1. Company Overview
17.29.2. Company Footprints
17.29.3. Product Portfolio
17.29.4. Competitors & Customers
17.29.5. Subsidiaries & Parent Organization
17.29.6. Recent Developments
17.29.7. Financial Analysis
17.30. Powerland Agro Tractors Vehicles
17.30.1. Company Overview
17.30.2. Company Footprints
17.30.3. Product Portfolio
17.30.4. Competitors & Customers
17.30.5. Subsidiaries & Parent Organization
17.30.6. Recent Developments
17.30.7. Financial Analysis
17.31. Renault Group
17.31.1. Company Overview
17.31.2. Company Footprints
17.31.3. Product Portfolio
17.31.4. Competitors & Customers
17.31.5. Subsidiaries & Parent Organization
17.31.6. Recent Developments
17.31.7. Financial Analysis
17.32. Smartcart
17.32.1. Company Overview
17.32.2. Company Footprints
17.32.3. Product Portfolio
17.32.4. Competitors & Customers
17.32.5. Subsidiaries & Parent Organization
17.32.6. Recent Developments
17.32.7. Financial Analysis
17.33. Suzhou Eagle Electric Vehicle
17.33.1. Company Overview
17.33.2. Company Footprints
17.33.3. Product Portfolio
17.33.4. Competitors & Customers
17.33.5. Subsidiaries & Parent Organization
17.33.6. Recent Developments
17.33.7. Financial Analysis
17.34. Tesla
17.34.1. Company Overview
17.34.2. Company Footprints
17.34.3. Product Portfolio
17.34.4. Competitors & Customers
17.34.5. Subsidiaries & Parent Organization
17.34.6. Recent Developments
17.34.7. Financial Analysis
17.35. Textron
17.35.1. Company Overview
17.35.2. Company Footprints
17.35.3. Product Portfolio
17.35.4. Competitors & Customers
17.35.5. Subsidiaries & Parent Organization
17.35.6. Recent Developments
17.35.7. Financial Analysis
17.36. Toyota Industries Corporation
17.36.1. Company Overview
17.36.2. Company Footprints
17.36.3. Product Portfolio
17.36.4. Competitors & Customers
17.36.5. Subsidiaries & Parent Organization
17.36.6. Recent Developments
17.36.7. Financial Analysis
17.37. Volcon
17.37.1. Company Overview
17.37.2. Company Footprints
17.37.3. Product Portfolio
17.37.4. Competitors & Customers
17.37.5. Subsidiaries & Parent Organization
17.37.6. Recent Developments
17.37.7. Financial Analysis
17.38. Westward Industries
17.38.1. Company Overview
17.38.2. Company Footprints
17.38.3. Product Portfolio
17.38.4. Competitors & Customers
17.38.5. Subsidiaries & Parent Organization
17.38.6. Recent Developments
17.38.7. Financial Analysis
17.39. Yamaha Motor Company
17.39.1. Company Overview
17.39.2. Company Footprints
17.39.3. Product Portfolio
17.39.4. Competitors & Customers
17.39.5. Subsidiaries & Parent Organization
17.39.6. Recent Developments
17.39.7. Financial Analysis
17.40. Other Key Players
17.40.1. Company Overview
17.40.2. Company Footprints
17.40.3. Product Portfolio
17.40.4. Competitors & Customers
17.40.5. Subsidiaries & Parent Organization
17.40.6. Recent Developments
17.40.7. Financial Analysis
18. Key Takeaways