North America Low-Speed Vehicles Market Set to Reach USD 8,020.0 Million by 2030
North America is expected to be the largest market for low-speed vehicles during the forecast period. The north america low-speed vehicles market is projected to grow from USD 5,703.2 million to USD 8,020.0 million at a CAGR of 5.8%. These vehicles are popular for short-range commutes among older citizens in the US and are also used as neighborhood vehicles to commute to gyms, malls, restaurants, and schools. In the North American region, golf cart vehicles account for the largest market share, approximately 40% of the North American low-speed vehicle market. Under the golf cart vehicle category, two-seater golf carts are more prevalent in North America. The higher market share of golf cart vehicles in the North American market is mainly due to the higher number of golf courses in countries like the US and Canada. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=1965274 Further, Stringent vehicle emission standards and the growth of the touri...