Charging Ahead: Forecasting the Growth of Electric Utility Vehicles in North America by 2030

Kings Research recently published a report on the global electric utility vehicle market. The study projects significant growth in the market, with estimated revenues reaching USD 27.87 Billion by 2030 from a valuation of USD 19.12 Billion in 2023. This represents an impressive 8.25 % compound annual growth rate (CAGR) from 2023 to 2030.

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The report provides accurate market forecasts and highlights emerging trends, enabling readers to anticipate future developments in the industry. This information empowers businesses to maintain a competitive edge and create effective strategies in a rapidly changing business landscape.

The Global Electric Utility Vehicle Market is divided into the following segments:

By Battery Type

Lithium-ion
Lead-acid
Others

By Drive Type

Front Wheel Drive
Rear Wheel Drive
All-Wheel Drive

By Vehicle Type

All-Terrain Vehicle (sports)
Multi Utility Vehicle (commercial)
Utility Terrain Vehicle (bigger version of ATV with larger capacity)
Electric Shuttle

By Application

Commercial
Industrial
Agricultural
Recreation
Others

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Alke
Renault Group
Briggs & Stratton
Rivian
Textron Inc.
Columbia Vehicle Group Inc.
Marshell Green Power
Addax Motors
Deere & Company
American Landmaster
Polaris Inc.
CLUB CAR
Star EV Corporation

Table of Content-

1 Introduction of the Electric utility Vehicle Market

2 Executive Summary

3 Research Methodology

4 Global Electric utility Vehicle Market Outlook

5 Impact of Russia-Ukraine War

Browse Complete TOC:

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