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Neighborhood Electric Vehicle (NEV) Market, Global Outlook and Forecast 2023-2029

Neighborhood Electric Vehicle (NEV) Market, Global Outlook and Forecast 2023-2029

  • Published on : 04 April 2023
  • Pages :71
  • Report Code:SMR-7628720

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Report overview

The global Neighborhood Electric Vehicle (NEV) market was valued at US$ 3060.1 million in 2022 and is projected to reach US$ 4639.3 million by 2029, at a CAGR of 6.1% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

A Neighborhood Electric Vehicle (NEV) is a legal class of 4-wheel electric vehicles that have a maximum capable speed typically around 25 mph (40 km/h), and have a maximum loaded weight of 3,000 lb (1,400 kg).
This report aims to provide a comprehensive presentation of the global market for Neighborhood Electric Vehicle (NEV), with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Neighborhood Electric Vehicle (NEV). This report contains market size and forecasts of Neighborhood Electric Vehicle (NEV) in global, including the following market information:

  • Global Neighborhood Electric Vehicle (NEV) Market Revenue, 2018-2023, 2024-2029, ($ millions)
  • Global Neighborhood Electric Vehicle (NEV) Market Sales, 2018-2023, 2024-2029, (K Units)
  • Global top five Neighborhood Electric Vehicle (NEV) companies in 2022 (%)

China is the dominant market in the global Neighborhood Electric Vehicle (NEV) production market.The Key players operating into global Neighborhood Electric Vehicle (NEV) Market are Byvin Corporation, Renault, Yogomo, Ingersoll Rand, Textron, Shifeng, Polaris, Yamaha, Lichi, Yika, Xinyuzhou, Shenzhen Marshell Green Power, Eagle and etc.
We surveyed the Neighborhood Electric Vehicle (NEV) manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Neighborhood Electric Vehicle (NEV) Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Neighborhood Electric Vehicle (NEV) Market Segment Percentages, by Type, 2022 (%)

  • Electric Power NEV
  • Gas Power NEV
Global Neighborhood Electric Vehicle (NEV) Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Neighborhood Electric Vehicle (NEV) Market Segment Percentages, by Application, 2022 (%)
  • Personal Use
  • Public Utilities
  • Golf Cart
  • Sightseeing Cars
Global Neighborhood Electric Vehicle (NEV) Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Neighborhood Electric Vehicle (NEV) Market Segment Percentages, By Region and Country, 2022 (%)
  • North America
  • US
  • Canada
  • Mexico
  • Europe
  • Germany
  • France
  • U.K.
  • Italy
  • Russia
  • Nordic Countries
  • Benelux
  • Rest of Europe
  • Asia
  • China
  • Japan
  • South Korea
  • Southeast Asia
  • India
  • Rest of Asia
  • South America
  • Brazil
  • Argentina
  • Rest of South America
  • Middle East & Africa
  • Turkey
  • Israel
  • Saudi Arabia
  • UAE
  • Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:
  • Key companies Neighborhood Electric Vehicle (NEV) revenues in global market, 2018-2023 (Estimated), ($ millions)
  • Key companies Neighborhood Electric Vehicle (NEV) revenues share in global market, 2022 (%)
  • Key companies Neighborhood Electric Vehicle (NEV) sales in global market, 2018-2023 (Estimated), (K Units)
  • Key companies Neighborhood Electric Vehicle (NEV) sales share in global market, 2022 (%)

Key players include:

  • Byvin Corporation
  • Renault
  • Yogomo
  • Ingersoll Rand
  • Textron
  • Shifeng
  • Polaris
  • Yamaha
  • Lichi
  • Yika
  • Xinyuzhou
  • Shenzhen Marshell Green Power
  • Eagle
  • Outline of Major Chapters:
  • Chapter 1: Introduces the definition of Neighborhood Electric Vehicle (NEV), market overview.
  • Chapter 2: Global Neighborhood Electric Vehicle (NEV) market size in revenue and volume.
  • Chapter 3: Detailed analysis of Neighborhood Electric Vehicle (NEV) manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
  • Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
  • Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
  • Chapter 6: Sales of Neighborhood Electric Vehicle (NEV) in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
  • Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
  • Chapter 8: Global Neighborhood Electric Vehicle (NEV) capacity by region & country.
  • Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
  • Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
  • Chapter 11: The main points and conclusions of the report.