Light Electric Vehicles Market Size, Share, and Trends 2026 to 2035

Light Electric Vehicles Market (By Vehicle Category: 2-wheelers, 3-wheelers, 4-wheelers; By Application: Personal Mobility, Shared Mobility, Recreation & Sports, Commercial; By Power Output: Less than 6 kW, 6–9 kW, 9–15 kW; By Component: Battery pack, Electric motor (Propulsion Motor), Motor controller, Inverters, Power Controller, E-brake booster, Power Electronics; By Vehicle Type: e-ATV/UTV, e-bike, e-scooter, e-motorcycle) - Global Industry Analysis, Size, Trends, Leading Companies, Regional Outlook, and Forecast 2026 to 2035

Last Updated : 22 Dec 2025  |  Report Code : 2817  |  Category : Automotive   |  Format : PDF / PPT / Excel

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology (Premium Insights)

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis 

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Light Electric Vehicles Market 

5.1. COVID-19 Landscape: Light Electric Vehicles Industry Impact

5.2. COVID 19 - Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Light Electric Vehicles Market, By Vehicle Category

8.1. Light Electric Vehicles Market Revenue and Volume, by Vehicle Category

8.1.1. 2-wheelers

8.1.1.1. Market Revenue and Volume Forecast

8.1.2. 3-wheelers

8.1.2.1. Market Revenue and Volume Forecast

8.1.3. 4-wheelers

8.1.3.1. Market Revenue and Volume Forecast

Chapter 9. Global Light Electric Vehicles Market, By Application

9.1. Light Electric Vehicles Market Revenue and Volume, by Application

9.1.1. Personal Mobility

9.1.1.1. Market Revenue and Volume Forecast

9.1.2. Shared Mobility

9.1.2.1. Market Revenue and Volume Forecast

9.1.3. Recreation & Sports

9.1.3.1. Market Revenue and Volume Forecast

9.1.4. Commercial

9.1.4.1. Market Revenue and Volume Forecast

Chapter 10. Global Light Electric Vehicles Market, By Power Output 

10.1. Light Electric Vehicles Market Revenue and Volume, by Power Output

10.1.1. Less than 6 kW

10.1.1.1. Market Revenue and Volume Forecast

10.1.2. 6–9 kW

10.1.2.1. Market Revenue and Volume Forecast

10.1.3. 9–15 kW

10.1.3.1. Market Revenue and Volume Forecast

Chapter 11. Global Light Electric Vehicles Market, By Component

11.1. Light Electric Vehicles Market Revenue and Volume, by Component

11.1.1. Battery pack

11.1.1.1. Market Revenue and Volume Forecast

11.1.2. Electric motor (Propulsion Motor)

11.1.2.1. Market Revenue and Volume Forecast

11.1.3. Motor controller

11.1.3.1. Market Revenue and Volume Forecast

11.1.4. Inverters

11.1.4.1. Market Revenue and Volume Forecast

11.1.5. Power Controller

11.1.5.1. Market Revenue and Volume Forecast

11.1.6. E-brake booster

11.1.6.1. Market Revenue and Volume Forecast

11.1.7. Power Electronics

11.1.7.1. Market Revenue and Volume Forecast

Chapter 12. Global Light Electric Vehicles Market, By Component

12.1. Light Electric Vehicles Market Revenue and Volume, by Component

12.1.1. e-ATV/UTV

12.1.1.1. Market Revenue and Volume Forecast

12.1.2. e-bike

12.1.2.1. Market Revenue and Volume Forecast

12.1.3. e-scooter

12.1.3.1. Market Revenue and Volume Forecast

12.1.4. e-motorcycle

12.1.4.1. Market Revenue and Volume Forecast

Chapter 13. Global Light Electric Vehicles Market, Regional Estimates and Trend Forecast

13.1. North America

13.1.1. Market Revenue and Volume Forecast, by Vehicle Category

13.1.2. Market Revenue and Volume Forecast, by Application

13.1.3. Market Revenue and Volume Forecast, by Power Output

13.1.4. Market Revenue and Volume Forecast, by Component

13.1.5. Market Revenue and Volume Forecast, by Component

13.1.6. U.S.

13.1.6.1. Market Revenue and Volume Forecast, by Vehicle Category

13.1.6.2. Market Revenue and Volume Forecast, by Application

13.1.6.3. Market Revenue and Volume Forecast, by Power Output

13.1.6.4. Market Revenue and Volume Forecast, by Component

13.1.6.5. Market Revenue and Volume Forecast, by Component  

13.1.7. Rest of North America

13.1.7.1. Market Revenue and Volume Forecast, by Vehicle Category

13.1.7.2. Market Revenue and Volume Forecast, by Application

13.1.7.3. Market Revenue and Volume Forecast, by Power Output

13.1.7.4. Market Revenue and Volume Forecast, by Component

13.1.7.5. Market Revenue and Volume Forecast, by Component

13.2. Europe

13.2.1. Market Revenue and Volume Forecast, by Vehicle Category

13.2.2. Market Revenue and Volume Forecast, by Application

13.2.3. Market Revenue and Volume Forecast, by Power Output

13.2.4. Market Revenue and Volume Forecast, by Component  

13.2.5. Market Revenue and Volume Forecast, by Component  

13.2.6. UK

13.2.6.1. Market Revenue and Volume Forecast, by Vehicle Category

13.2.6.2. Market Revenue and Volume Forecast, by Application

13.2.6.3. Market Revenue and Volume Forecast, by Power Output

13.2.7. Market Revenue and Volume Forecast, by Component  

13.2.8. Market Revenue and Volume Forecast, by Component  

13.2.9. Germany

13.2.9.1. Market Revenue and Volume Forecast, by Vehicle Category

13.2.9.2. Market Revenue and Volume Forecast, by Application

13.2.9.3. Market Revenue and Volume Forecast, by Power Output

13.2.10. Market Revenue and Volume Forecast, by Component

13.2.11. Market Revenue and Volume Forecast, by Component

13.2.12. France

13.2.12.1. Market Revenue and Volume Forecast, by Vehicle Category

13.2.12.2. Market Revenue and Volume Forecast, by Application

13.2.12.3. Market Revenue and Volume Forecast, by Power Output

13.2.12.4. Market Revenue and Volume Forecast, by Component

13.2.13. Market Revenue and Volume Forecast, by Component

13.2.14. Rest of Europe

13.2.14.1. Market Revenue and Volume Forecast, by Vehicle Category

13.2.14.2. Market Revenue and Volume Forecast, by Application

13.2.14.3. Market Revenue and Volume Forecast, by Power Output

13.2.14.4. Market Revenue and Volume Forecast, by Component

13.2.15. Market Revenue and Volume Forecast, by Component

13.3. APAC

13.3.1. Market Revenue and Volume Forecast, by Vehicle Category

13.3.2. Market Revenue and Volume Forecast, by Application

13.3.3. Market Revenue and Volume Forecast, by Power Output

13.3.4. Market Revenue and Volume Forecast, by Component

13.3.5. Market Revenue and Volume Forecast, by Component

13.3.6. India

13.3.6.1. Market Revenue and Volume Forecast, by Vehicle Category

13.3.6.2. Market Revenue and Volume Forecast, by Application

13.3.6.3. Market Revenue and Volume Forecast, by Power Output

13.3.6.4. Market Revenue and Volume Forecast, by Component

13.3.7. Market Revenue and Volume Forecast, by Component

13.3.8. China

13.3.8.1. Market Revenue and Volume Forecast, by Vehicle Category

13.3.8.2. Market Revenue and Volume Forecast, by Application

13.3.8.3. Market Revenue and Volume Forecast, by Power Output

13.3.8.4. Market Revenue and Volume Forecast, by Component

13.3.9. Market Revenue and Volume Forecast, by Component

13.3.10. Japan

13.3.10.1. Market Revenue and Volume Forecast, by Vehicle Category

13.3.10.2. Market Revenue and Volume Forecast, by Application

13.3.10.3. Market Revenue and Volume Forecast, by Power Output

13.3.10.4. Market Revenue and Volume Forecast, by Component

13.3.10.5. Market Revenue and Volume Forecast, by Component

13.3.11. Rest of APAC

13.3.11.1. Market Revenue and Volume Forecast, by Vehicle Category

13.3.11.2. Market Revenue and Volume Forecast, by Application

13.3.11.3. Market Revenue and Volume Forecast, by Power Output

13.3.11.4. Market Revenue and Volume Forecast, by Component

13.3.11.5. Market Revenue and Volume Forecast, by Component

13.4. MEA

13.4.1. Market Revenue and Volume Forecast, by Vehicle Category

13.4.2. Market Revenue and Volume Forecast, by Application

13.4.3. Market Revenue and Volume Forecast, by Power Output

13.4.4. Market Revenue and Volume Forecast, by Component

13.4.5. Market Revenue and Volume Forecast, by Component

13.4.6. GCC

13.4.6.1. Market Revenue and Volume Forecast, by Vehicle Category

13.4.6.2. Market Revenue and Volume Forecast, by Application

13.4.6.3. Market Revenue and Volume Forecast, by Power Output

13.4.6.4. Market Revenue and Volume Forecast, by Component

13.4.7. Market Revenue and Volume Forecast, by Component

13.4.8. North Africa

13.4.8.1. Market Revenue and Volume Forecast, by Vehicle Category

13.4.8.2. Market Revenue and Volume Forecast, by Application

13.4.8.3. Market Revenue and Volume Forecast, by Power Output

13.4.8.4. Market Revenue and Volume Forecast, by Component

13.4.9. Market Revenue and Volume Forecast, by Component

13.4.10. South Africa

13.4.10.1. Market Revenue and Volume Forecast, by Vehicle Category

13.4.10.2. Market Revenue and Volume Forecast, by Application

13.4.10.3. Market Revenue and Volume Forecast, by Power Output

13.4.10.4. Market Revenue and Volume Forecast, by Component

13.4.10.5. Market Revenue and Volume Forecast, by Component

13.4.11. Rest of MEA

13.4.11.1. Market Revenue and Volume Forecast, by Vehicle Category

13.4.11.2. Market Revenue and Volume Forecast, by Application

13.4.11.3. Market Revenue and Volume Forecast, by Power Output

13.4.11.4. Market Revenue and Volume Forecast, by Component

13.4.11.5. Market Revenue and Volume Forecast, by Component

13.5. Latin America

13.5.1. Market Revenue and Volume Forecast, by Vehicle Category

13.5.2. Market Revenue and Volume Forecast, by Application

13.5.3. Market Revenue and Volume Forecast, by Power Output

13.5.4. Market Revenue and Volume Forecast, by Component

13.5.5. Market Revenue and Volume Forecast, by Component

13.5.6. Brazil

13.5.6.1. Market Revenue and Volume Forecast, by Vehicle Category

13.5.6.2. Market Revenue and Volume Forecast, by Application

13.5.6.3. Market Revenue and Volume Forecast, by Power Output

13.5.6.4. Market Revenue and Volume Forecast, by Component

13.5.7. Market Revenue and Volume Forecast, by Component

13.5.8. Rest of LATAM

13.5.8.1. Market Revenue and Volume Forecast, by Vehicle Category

13.5.8.2. Market Revenue and Volume Forecast, by Application

13.5.8.3. Market Revenue and Volume Forecast, by Power Output

13.5.8.4. Market Revenue and Volume Forecast, by Component

13.5.8.5. Market Revenue and Volume Forecast, by Component

Chapter 14. Company Profiles

14.1. Accelerated Systems Inc.

14.1.1. Company Overview

14.1.2. Product Offerings

14.1.3. Financial Performance

14.1.4. Recent Initiatives

14.2. Addax Motors

14.2.1. Company Overview

14.2.2. Product Offerings

14.2.3. Financial Performance

14.2.4. Recent Initiatives

14.3. Aisin Corporation

14.3.1. Company Overview

14.3.2. Product Offerings

14.3.3. Financial Performance

14.3.4. Recent Initiatives

14.4. Alke, American Landmaster

14.4.1. Company Overview

14.4.2. Product Offerings

14.4.3. Financial Performance

14.4.4. Recent Initiatives

14.5. Ari Motors

14.5.1. Company Overview

14.5.2. Product Offerings

14.5.3. Financial Performance

14.5.4. Recent Initiatives

14.6. Auro Robotics

14.6.1. Company Overview

14.6.2. Product Offerings

14.6.3. Financial Performance

14.6.4. Recent Initiatives

14.7. Auto Rennen India

14.7.1. Company Overview

14.7.2. Product Offerings

14.7.3. Financial Performance

14.7.4. Recent Initiatives

14.8. Balkancar Record

14.8.1. Company Overview

14.8.2. Product Offerings

14.8.3. Financial Performance

14.8.4. Recent Initiatives

14.9. BMW AG

14.9.1. Company Overview

14.9.2. Product Offerings

14.9.3. Financial Performance

14.9.4. Recent Initiatives

14.10. Borgwarner Inc.

14.10.1. Company Overview

14.10.2. Product Offerings

14.10.3. Financial Performance

14.10.4. Recent Initiatives

Chapter 15. Research Methodology

15.1. Primary Research

15.2. Secondary Research

15.3. Assumptions

Chapter 16. Appendix

16.1. About Us

16.2. Glossary of Terms

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Frequently Asked Questions

Answer : The global light electric vehicles (LEVs) market size is expected to grow from USD 107.35 billion in 2025 to reach USD 268.49 billion by 2035.

Answer : The global light electric vehicles (LEVs) market will register a CAGR of 9.60% between 2026 and 2035.

Answer : The major players operating in the light electric vehicles (LEVs) market are Accelerated Systems Inc., Addax Motors, Aisin Corporation, Alke, American Landmaster, Ari Motors, Auro Robotics, Auto Rennen India, Balkancar Record, BMW AG, Borgwarner Inc., Byd Auto Co. Ltd., Cfmoto, Club Car Inc., Columbia Vehicle Group Inc., Continental AG, Crossfire Motorcycles, Crystalyte Motors and Others.

Answer : The driving factors of the light electric vehicles (LEVs) market are efficient and sustainable mode of transportation that can help reduce carbon emissions and air pollution and adoption of LEVs is growing environmental awareness.

Answer : North America region has dominated the light electric vehicles (LEVs) market in 2025.

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