Low Speed Vehicle Market Growth Analysis 2022-28
January 12, 2023 ⚊ 1 Min read ⚊ Views 62 ⚊ BUSINESS
The global low speed vehicle market size was valued at 5.92 billion in 2021 and is expected to reach 8.22 billion by 2028, at a CAGR of 4.8% during the forecast period 2022 to 2028. The Low Speed Vehicle market is expected to rise significantly over the projected period, owing to rising demand for these vehicles on golf courses, hotels, businesses, resorts, and other locations. Low-speed vehicles emit less carbon dioxide and produce very little noise, all of which are important factors in enticing customers to embrace low-speed vehicles that are both environmentally beneficial and simple to operate.
Tags: Low Speed Vehicle Market
