Micro Electric Vehicle Market 2016 Geographical Segmentation, Size, Trends, Growth and Forecasts
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  • Micro Electric Vehicle Market 2016 Geographical Segmentation, Size, Trends, Growth and Forecasts

     



    (Transportation-News.com, December 20, 2016 ) 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.

    Publisher's analysts forecast the global micro electric vehicle market to grow at a CAGR of 17.26% during the period 2016-2020.
    For more information about this report: http://www.reportsweb.com/global-micro-electric-vehicle-market-2016-2020
    Covered in this report
    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.

    The market is divided into the following segments based on geography:
    -Americas
    -APAC
    -EMEA

    Publisher'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

    Request Sample Copy at http://www.reportsweb.com/inquiry&RW0001462882/sample

    Other prominent vendors
    -Italcar
    -ParCar
    -Rhoades Car

    Market 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

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

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

    Inquire for Report at http://www.reportsweb.com/inquiry&RW0001462882/buying .

    ReportsWeb.com

    Priya Sisodia

    +1-646-491-9876

    sales@reportsweb.com

    Source: EmailWire.Com

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