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Low-Speed Vehicle Market Size, Share, Growth, Analysis by 2030

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Low-Speed Vehicle Market

The low-speed vehicle market is projected to grow from USD 11.1 billion in 2024 to USD 16.3 billion by 2030, at a CAGR of 6.6%. Low-speed vehicles (LSVs) are characterized by their four-wheeled structure and a maximum speed typically around 25 mph (40 km/h). These …

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Low-Speed Vehicle Market Size, Share, Trends & Global Forecast by 2028

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Low-Speed Vehicle Market

The low speed vehicle market size is valued at USD 0.4 billion in 2023 and is expected to reach USD 15.0 billion by 2028, at a CAGR of 7.4% during the forecast period 2022-2028. Low speed vehicles (LSVs) are 4-wheeled vehicles with a maximum capable speed …

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