Electric Utility Vehicle Market Trends 2021 | Segmentation, Outlook, Industry Report to 2027

The Electric Utility Vehicle Market size is expected to grow at an annual average of 9% during 2021-2027. Electric utility vehicles are an alternative to traditional utility vehicles that get their power from batteries instead of internal combustion engines. Additionally, electric utility vehicles are designed to perform certain tasks more efficiently than passenger cars. Besides, electric utility vehicles are a quiet and environmentally friendly alternative to traditional utility vehicles. Electric utility vehicles are used to transport farms, logistics, parks, or other utilities.

The following segmentation are covered in this report:

By Propulsion

• IC Engine Powered
• Electric Powered
• Others 

 By Application

• Passenger Commute
• Industrial
• Agricultural
• Sports
• Others

 By Vehicle Type 

• Sport Utility Vehicle (SUV)
• Multi Utility Vehicle (MUV)
• Utility Terrain Vehicle (UTV)
• Others

 Company Profile

• BRP Inc., 
• CFMOTO
• Deere & Company
• Honda Motor Co., Ltd.
• Kawasaki Heavy Industries, Ltd.
• KUBOTA Corporation
• Mahindra & Mahindra Limited
• Polaris Inc.
• Textron Inc.
• Yamaha Motor Co., Ltd.

Scope of the report

The research study analyses the Electric Utility Vehicle Market industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent developments

• Market overview and growth analysis
• Import and export overview
• Volume analysis
• Current market trends and future outlook
• Market opportunistic and attractive investment segment

Geographic coverage

• North america market size and/or volume
• Latin america market size and/or volume
• Europe market size and/or volume
• Asia-pacific market size and/or volume
• Rest of the world market size and/or volume

Key Questions Answered by Electric Utility Vehicle Market Report

• What was the Electric Utility Vehicle Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027)
• What will be the CAGR of Market during the forecast period (2021-2027)?
• Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
• Which manufacturer/vendor/players in the Electric Utility Vehicle Market was the market leader in 2020?
• Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.