| Product Code: ETC5874591 | Publication Date: Nov 2023 | Updated Date: Jan 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The Bahamas Light Electric Vehicles (LEVs) market experienced a significant increase in imports from 2020 to 2024. The Compound Annual Growth Rate (CAGR) for this period was 75.74%. Notably, the year-on-year growth rate spiked to 116.16% in 2024, indicating a substantial rise in imported LEVs during that year.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Bahamas Light Electric Vehicles (LEVs) Market Overview |
3.1 Bahamas Country Macro Economic Indicators |
3.2 Bahamas Light Electric Vehicles (LEVs) Market Revenues & Volume, 2021 & 2031F |
3.3 Bahamas Light Electric Vehicles (LEVs) Market - Industry Life Cycle |
3.4 Bahamas Light Electric Vehicles (LEVs) Market - Porter's Five Forces |
3.5 Bahamas Light Electric Vehicles (LEVs) Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.6 Bahamas Light Electric Vehicles (LEVs) Market Revenues & Volume Share, By Vehicle Category, 2021 & 2031F |
3.7 Bahamas Light Electric Vehicles (LEVs) Market Revenues & Volume Share, By Power Output, 2021 & 2031F |
4 Bahamas Light Electric Vehicles (LEVs) Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing environmental consciousness and awareness among consumers |
4.2.2 Government incentives and subsidies for electric vehicles |
4.2.3 Rising fuel prices leading to a shift towards more cost-effective transportation options |
4.3 Market Restraints |
4.3.1 Lack of charging infrastructure in the Bahamas |
4.3.2 High initial cost of electric vehicles compared to traditional vehicles |
4.3.3 Limited vehicle options and models available in the market |
5 Bahamas Light Electric Vehicles (LEVs) Market Trends |
6 Bahamas Light Electric Vehicles (LEVs) Market Segmentations |
6.1 Bahamas Light Electric Vehicles (LEVs) Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Bahamas Light Electric Vehicles (LEVs) Market Revenues & Volume, By Personal Mobility, 2021-2031F |
6.1.3 Bahamas Light Electric Vehicles (LEVs) Market Revenues & Volume, By Shared Mobility, 2021-2031F |
6.1.4 Bahamas Light Electric Vehicles (LEVs) Market Revenues & Volume, By Recreation & Sports, 2021-2031F |
6.1.5 Bahamas Light Electric Vehicles (LEVs) Market Revenues & Volume, By Commercial, 2021-2031F |
6.2 Bahamas Light Electric Vehicles (LEVs) Market, By Vehicle Category |
6.2.1 Overview and Analysis |
6.2.2 Bahamas Light Electric Vehicles (LEVs) Market Revenues & Volume, By 2-wheelers, 2021-2031F |
6.2.3 Bahamas Light Electric Vehicles (LEVs) Market Revenues & Volume, By 3-wheelers, 2021-2031F |
6.2.4 Bahamas Light Electric Vehicles (LEVs) Market Revenues & Volume, By 4-wheelers, 2021-2031F |
6.3 Bahamas Light Electric Vehicles (LEVs) Market, By Power Output |
6.3.1 Overview and Analysis |
6.3.2 Bahamas Light Electric Vehicles (LEVs) Market Revenues & Volume, By Less than 6 kW, 2021-2031F |
6.3.3 Bahamas Light Electric Vehicles (LEVs) Market Revenues & Volume, By 6-9 kW, 2021-2031F |
6.3.4 Bahamas Light Electric Vehicles (LEVs) Market Revenues & Volume, By 9-15 kW, 2021-2031F |
7 Bahamas Light Electric Vehicles (LEVs) Market Import-Export Trade Statistics |
7.1 Bahamas Light Electric Vehicles (LEVs) Market Export to Major Countries |
7.2 Bahamas Light Electric Vehicles (LEVs) Market Imports from Major Countries |
8 Bahamas Light Electric Vehicles (LEVs) Market Key Performance Indicators |
8.1 Average distance per charge: to assess the efficiency and range of electric vehicles |
8.2 Number of charging stations per capita: to monitor the growth of charging infrastructure |
8.3 Adoption rate of electric vehicles in the transportation sector: to gauge the acceptance and penetration of LEVs in the market |
9 Bahamas Light Electric Vehicles (LEVs) Market - Opportunity Assessment |
9.1 Bahamas Light Electric Vehicles (LEVs) Market Opportunity Assessment, By Application, 2021 & 2031F |
9.2 Bahamas Light Electric Vehicles (LEVs) Market Opportunity Assessment, By Vehicle Category, 2021 & 2031F |
9.3 Bahamas Light Electric Vehicles (LEVs) Market Opportunity Assessment, By Power Output, 2021 & 2031F |
10 Bahamas Light Electric Vehicles (LEVs) Market - Competitive Landscape |
10.1 Bahamas Light Electric Vehicles (LEVs) Market Revenue Share, By Companies, 2024 |
10.2 Bahamas Light Electric Vehicles (LEVs) Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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