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Low-Speed Vehicle Market Analysis – 2024-2034
The global low-speed vehicle (LSV) market is anticipated to grow from USD 9,776.2 million in 2025 to USD 19,812.2 million by 2035, at a compound annual growth rate (CAGR) of 8.9% during the forecast period. This expansion is fueled by increasing demand for eco-friendly transportation solutions, advancements in battery technologies, and rising adoption of LSVs in various industries, including hospitality, tourism, and industrial logistics.
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5590
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Automotive
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