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Light Electric Vehicles Global Market Report 2025

Published Jul 28, 2025
Length 250 Pages
SKU # BRC20227391

Description

Light Electric Vehicles Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on light electric vehicles market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase
  • Gain a truly global perspective with the most comprehensive report available on this market covering 15 geographies.
  • Assess the impact of key macro factors such as geopolitical conflicts, trade policies and tariffs, post-pandemic supply chain realignment, inflation and interest rate fluctuations, and evolving regulatory landscapes.
  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
  • Understand customers based on the latest market shares.
  • Benchmark performance against key competitors.
  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis
  • Report will be updated with the latest data and delivered to you within 2-3 working days of order along with an Excel data sheet for easy data extraction and analysis.
  • All data from the report will also be delivered in an excel dashboard format.
Description:

Where is the largest and fastest growing market for light electric vehicles ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The light electric vehicles market global report from the Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
  • The market characteristics section of the report defines and explains the market.
  • The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
  • The forecasts are made after considering the major factors currently impacting the market. These include:
  • The forecasts are made after considering the major factors currently impacting the market. These include the technological advancements such as AI and automation, Russia-Ukraine war, trade tariffs (government-imposed import/export duties), elevated inflation and interest rates.
  • Market segmentations break down the market into sub markets.
  • The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth.
  • The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
  • The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope

Markets Covered:1) By Product: Hybrid Electric Vehicle (HEV); Plug-in Hybrid Electric Vehicle (PHEV); Battery Electric Vehicle (BEV)

2) By Component Type: Battery Pack; Electric motor; Motor controller; Inverters; Power controller; E-brakes controller; Power electronics

3) By Power Output: Less than 6kW; 6-9 Kw; 9-15 Kw

4) By Vehicle Type: e-ATV; e-bike; e-scooter; e-motorcycle; neighborhood electric vehicle; e-lawn mower; Electric industrial vehicle; Autonomous forklifts; Automated guided vehicles

5) By Application: Personal Mobility; Shared Mobility; Recreation and Sport; Commercial

Subsegments:

1) By Hybrid Electric Vehicle (HEV): Series Hybrid Electric Vehicle; Parallel Hybrid Electric Vehicle; Combined Hybrid Electric Vehicle

2) By Plug-in Hybrid Electric Vehicle (PHEV): Series Plug-in Hybrid; Parallel Plug-in Hybrid

3) By Battery Electric Vehicle (BEV): Battery Electric Cars; Battery Electric Trucks; Battery Electric Buses; Battery Electric Vans; Two-Wheelers

Companies Mentioned: Stellantis N.V.; General Motors Company; Bayerische Motoren Werke AG; Giant Manufacturing Co Ltd.; Tesla; Inc.; Nissan Motor Co Ltd.; BYD Company Limited; AB Volvo; Toyota Industries Corporation; Yamaha Motor Co Ltd.; Mahindra & Mahindra Limited; Textron Inc.; Polaris Inc.; NIO Inc.; Jiangsu Xinri E-Vehicle Co Ltd.; Yadea Technology Group Co Ltd.; XPeng Inc.; Rivian Automotive Inc.; Accell Group NV; Merida Industry Co Ltd.; Lucid Motors Inc.; Club Car LLC; Gogoro Inc.; Vmoto Limited; Columbia Vehicle Group Inc.; Hero Electric Vehicles Pvt Ltd.; Govecs AG

Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain

Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time Series: Five years historic and ten years forecast.

Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,

Data Segmentations: country and regional historic and forecast data, market share of competitors, market segments.

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.

Delivery Format: PDF, Word and Excel Data Dashboard.

Please Note: Report will be updated with the latest data and delivered to you within 3-5 working days of order.

Table of Contents

250 Pages
1. Executive Summary
2. Light Electric Vehicles Market Characteristics
3. Light Electric Vehicles Market Trends And Strategies
4. Light Electric Vehicles Market - Macro Economic Scenario Macro Economic Scenario Including The Impact Of Interest Rates, Inflation, Geopolitics, Trade Wars and Tariffs, And Covid And Recovery On The Market
4.1. Supply Chain Impact from Tariff War & Trade Protectionism
5. Global Light Electric Vehicles Growth Analysis And Strategic Analysis Framework
5.1. Global Light Electric Vehicles PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)
5.2. Analysis Of End Use Industries
5.3. Global Light Electric Vehicles Market Growth Rate Analysis
5.4. Global Light Electric Vehicles Historic Market Size and Growth, 2019 - 2024, Value ($ Billion)
5.5. Global Light Electric Vehicles Forecast Market Size and Growth, 2024 - 2029, 2034F, Value ($ Billion)
5.6. Global Light Electric Vehicles Total Addressable Market (TAM)
6. Light Electric Vehicles Market Segmentation
6.1. Global Light Electric Vehicles Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Hybrid Electric Vehicle (HEV)
Plug-in Hybrid Electric Vehicle (PHEV)
Battery Electric Vehicle (BEV)
6.2. Global Light Electric Vehicles Market, Segmentation By Component Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Battery Pack
Electric motor
Motor controller
Inverters
Power controller
6.3. Global Light Electric Vehicles Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Less than 6kW
6-9 Kw
9-15 Kw
6.4. Global Light Electric Vehicles Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
e-ATV
e-bike
e-scooter
e-motorcycle
neighborhood electric vehicle
e-lawn mower
Electric industrial vehicle
Autonomous forklifts
Automated guided vehicles
6.5. Global Light Electric Vehicles Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Personal Mobility
Shared Mobility
Recreation and Sport
Commercial
6.6. Global Light Electric Vehicles Market, Sub-Segmentation Of Hybrid Electric Vehicle (HEV), By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Series Hybrid Electric Vehicle
Parallel Hybrid Electric Vehicle
Combined Hybrid Electric Vehicle
6.7. Global Light Electric Vehicles Market, Sub-Segmentation Of Plug-in Hybrid Electric Vehicle (PHEV), By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Series Plug-in Hybrid
Parallel Plug-in Hybrid
6.8. Global Light Electric Vehicles Market, Sub-Segmentation Of Battery Electric Vehicle (BEV), By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Battery Electric Cars
Battery Electric Trucks
Battery Electric Buses
Battery Electric Vans
Two-Wheelers
7. Light Electric Vehicles Market Regional And Country Analysis
7.1. Global Light Electric Vehicles Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
7.2. Global Light Electric Vehicles Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
8. Asia-Pacific Light Electric Vehicles Market
8.1. Asia-Pacific Light Electric Vehicles Market Overview
Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Light Electric Vehicles Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
8.3. Asia-Pacific Light Electric Vehicles Market, Segmentation By Component Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
8.4. Asia-Pacific Light Electric Vehicles Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
9. China Light Electric Vehicles Market
9.1. China Light Electric Vehicles Market Overview
9.2. China Light Electric Vehicles Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion
9.3. China Light Electric Vehicles Market, Segmentation By Component Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion
9.4. China Light Electric Vehicles Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion
10. India Light Electric Vehicles Market
10.1. India Light Electric Vehicles Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
10.2. India Light Electric Vehicles Market, Segmentation By Component Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
10.3. India Light Electric Vehicles Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
11. Japan Light Electric Vehicles Market
11.1. Japan Light Electric Vehicles Market Overview
11.2. Japan Light Electric Vehicles Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
11.3. Japan Light Electric Vehicles Market, Segmentation By Component Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
11.4. Japan Light Electric Vehicles Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
12. Australia Light Electric Vehicles Market
12.1. Australia Light Electric Vehicles Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
12.2. Australia Light Electric Vehicles Market, Segmentation By Component Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
12.3. Australia Light Electric Vehicles Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
13. Indonesia Light Electric Vehicles Market
13.1. Indonesia Light Electric Vehicles Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
13.2. Indonesia Light Electric Vehicles Market, Segmentation By Component Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
13.3. Indonesia Light Electric Vehicles Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
14. South Korea Light Electric Vehicles Market
14.1. South Korea Light Electric Vehicles Market Overview
14.2. South Korea Light Electric Vehicles Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
14.3. South Korea Light Electric Vehicles Market, Segmentation By Component Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
14.4. South Korea Light Electric Vehicles Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
15. Western Europe Light Electric Vehicles Market
15.1. Western Europe Light Electric Vehicles Market Overview
15.2. Western Europe Light Electric Vehicles Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
15.3. Western Europe Light Electric Vehicles Market, Segmentation By Component Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
15.4. Western Europe Light Electric Vehicles Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
16. UK Light Electric Vehicles Market
16.1. UK Light Electric Vehicles Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
16.2. UK Light Electric Vehicles Market, Segmentation By Component Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
16.3. UK Light Electric Vehicles Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
17. Germany Light Electric Vehicles Market
17.1. Germany Light Electric Vehicles Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
17.2. Germany Light Electric Vehicles Market, Segmentation By Component Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
17.3. Germany Light Electric Vehicles Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
18. France Light Electric Vehicles Market
18.1. France Light Electric Vehicles Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
18.2. France Light Electric Vehicles Market, Segmentation By Component Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
18.3. France Light Electric Vehicles Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
19. Italy Light Electric Vehicles Market
19.1. Italy Light Electric Vehicles Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
19.2. Italy Light Electric Vehicles Market, Segmentation By Component Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
19.3. Italy Light Electric Vehicles Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
20. Spain Light Electric Vehicles Market
20.1. Spain Light Electric Vehicles Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
20.2. Spain Light Electric Vehicles Market, Segmentation By Component Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
20.3. Spain Light Electric Vehicles Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
21. Eastern Europe Light Electric Vehicles Market
21.1. Eastern Europe Light Electric Vehicles Market Overview
21.2. Eastern Europe Light Electric Vehicles Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
21.3. Eastern Europe Light Electric Vehicles Market, Segmentation By Component Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
21.4. Eastern Europe Light Electric Vehicles Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
22. Russia Light Electric Vehicles Market
22.1. Russia Light Electric Vehicles Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
22.2. Russia Light Electric Vehicles Market, Segmentation By Component Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
22.3. Russia Light Electric Vehicles Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
23. North America Light Electric Vehicles Market
23.1. North America Light Electric Vehicles Market Overview
23.2. North America Light Electric Vehicles Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
23.3. North America Light Electric Vehicles Market, Segmentation By Component Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
23.4. North America Light Electric Vehicles Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
24. USA Light Electric Vehicles Market
24.1. USA Light Electric Vehicles Market Overview
24.2. USA Light Electric Vehicles Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
24.3. USA Light Electric Vehicles Market, Segmentation By Component Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
24.4. USA Light Electric Vehicles Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
25. Canada Light Electric Vehicles Market
25.1. Canada Light Electric Vehicles Market Overview
25.2. Canada Light Electric Vehicles Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
25.3. Canada Light Electric Vehicles Market, Segmentation By Component Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
25.4. Canada Light Electric Vehicles Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
26. South America Light Electric Vehicles Market
26.1. South America Light Electric Vehicles Market Overview
26.2. South America Light Electric Vehicles Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
26.3. South America Light Electric Vehicles Market, Segmentation By Component Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
26.4. South America Light Electric Vehicles Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
27. Brazil Light Electric Vehicles Market
27.1. Brazil Light Electric Vehicles Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
27.2. Brazil Light Electric Vehicles Market, Segmentation By Component Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
27.3. Brazil Light Electric Vehicles Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
28. Middle East Light Electric Vehicles Market
28.1. Middle East Light Electric Vehicles Market Overview
28.2. Middle East Light Electric Vehicles Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
28.3. Middle East Light Electric Vehicles Market, Segmentation By Component Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
28.4. Middle East Light Electric Vehicles Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
29. Africa Light Electric Vehicles Market
29.1. Africa Light Electric Vehicles Market Overview
29.2. Africa Light Electric Vehicles Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
29.3. Africa Light Electric Vehicles Market, Segmentation By Component Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
29.4. Africa Light Electric Vehicles Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
30. Light Electric Vehicles Market Competitive Landscape And Company Profiles
30.1. Light Electric Vehicles Market Competitive Landscape
30.2. Light Electric Vehicles Market Company Profiles
30.2.1. Stellantis N.V. Overview, Products and Services, Strategy and Financial Analysis
30.2.2. General Motors Company Overview, Products and Services, Strategy and Financial Analysis
30.2.3. Bayerische Motoren Werke AG Overview, Products and Services, Strategy and Financial Analysis
30.2.4. Giant Manufacturing Co Ltd. Overview, Products and Services, Strategy and Financial Analysis
30.2.5. Tesla Overview, Products and Services, Strategy and Financial Analysis
31. Light Electric Vehicles Market Other Major And Innovative Companies
31.1. Inc.
31.2. Nissan Motor Co Ltd.
31.3. BYD Company Limited
31.4. AB Volvo
31.5. Toyota Industries Corporation
31.6. Yamaha Motor Co Ltd.
31.7. Mahindra & Mahindra Limited
31.8. Textron Inc.
31.9. Polaris Inc.
31.10. NIO Inc.
31.11. Jiangsu Xinri E-Vehicle Co Ltd.
31.12. Yadea Technology Group Co Ltd.
31.13. XPeng Inc.
31.14. Rivian Automotive Inc.
31.15. Accell Group NV
32. Global Light Electric Vehicles Market Competitive Benchmarking And Dashboard
33. Key Mergers And Acquisitions In The Light Electric Vehicles Market
34. Recent Developments In The Light Electric Vehicles Market
35. Light Electric Vehicles Market High Potential Countries, Segments and Strategies
35.1 Light Electric Vehicles Market In 2029 - Countries Offering Most New Opportunities
35.2 Light Electric Vehicles Market In 2029 - Segments Offering Most New Opportunities
35.3 Light Electric Vehicles Market In 2029 - Growth Strategies
35.3.1 Market Trend Based Strategies
35.3.2 Competitor Strategies
36. Appendix
36.1. Abbreviations
36.2. Currencies
36.3. Historic And Forecast Inflation Rates
36.4. Research Inquiries
36.5. The Business Research Company
36.6. Copyright And Disclaimer
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