| Product Code: ETC12579670 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
The import shipments of low-speed electric vehicles in Portugal have shown a high Herfindahl-Hirschman Index (HHI) indicating market concentration among top exporting countries like USA, Spain, China, Metropolitan France, and Germany in 2024. Despite a significant Compound Annual Growth Rate (CAGR) of 14.39% from 2020-24, there was a notable decline in growth rate by -44.65% from 2023-24. This fluctuation suggests a potential shift in market dynamics and consumer preferences within the low-speed electric vehicle segment in Portugal.
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 Portugal Low Speed Electric Vehicle Market Overview |
3.1 Portugal Country Macro Economic Indicators |
3.2 Portugal Low Speed Electric Vehicle Market Revenues & Volume, 2021 & 2031F |
3.3 Portugal Low Speed Electric Vehicle Market - Industry Life Cycle |
3.4 Portugal Low Speed Electric Vehicle Market - Porter's Five Forces |
3.5 Portugal Low Speed Electric Vehicle Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
3.6 Portugal Low Speed Electric Vehicle Market Revenues & Volume Share, By End user, 2021 & 2031F |
4 Portugal Low Speed Electric Vehicle Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Government incentives and subsidies for low-speed electric vehicles |
4.2.2 Increasing environmental awareness and focus on sustainability |
4.2.3 Rising fuel costs and the need for cost-effective transportation solutions |
4.3 Market Restraints |
4.3.1 Limited infrastructure for charging stations |
4.3.2 Lack of awareness and education among consumers about low-speed electric vehicles |
4.3.3 Initial higher upfront costs compared to traditional vehicles |
5 Portugal Low Speed Electric Vehicle Market Trends |
6 Portugal Low Speed Electric Vehicle Market, By Types |
6.1 Portugal Low Speed Electric Vehicle Market, By Vehicle Type |
6.1.1 Overview and Analysis |
6.1.2 Portugal Low Speed Electric Vehicle Market Revenues & Volume, By Vehicle Type, 2021 - 2031F |
6.1.3 Portugal Low Speed Electric Vehicle Market Revenues & Volume, By Passenger Vehicles, 2021 - 2031F |
6.1.4 Portugal Low Speed Electric Vehicle Market Revenues & Volume, By Heavy Duty Vehicles, 2021 - 2031F |
6.1.5 Portugal Low Speed Electric Vehicle Market Revenues & Volume, By Utility Vehicles, 2021 - 2031F |
6.1.6 Portugal Low Speed Electric Vehicle Market Revenues & Volume, By Off-Road Vehicles, 2021 - 2031F |
6.2 Portugal Low Speed Electric Vehicle Market, By End user |
6.2.1 Overview and Analysis |
6.2.2 Portugal Low Speed Electric Vehicle Market Revenues & Volume, By Airports, 2021 - 2031F |
6.2.3 Portugal Low Speed Electric Vehicle Market Revenues & Volume, By Residential and Commercial Premises, 2021 - 2031F |
6.2.4 Portugal Low Speed Electric Vehicle Market Revenues & Volume, By Golf Courses, 2021 - 2031F |
6.2.5 Portugal Low Speed Electric Vehicle Market Revenues & Volume, By Tourist Destinations, 2021 - 2031F |
6.2.6 Portugal Low Speed Electric Vehicle Market Revenues & Volume, By Hotels and Resorts, 2021 - 2031F |
7 Portugal Low Speed Electric Vehicle Market Import-Export Trade Statistics |
7.1 Portugal Low Speed Electric Vehicle Market Export to Major Countries |
7.2 Portugal Low Speed Electric Vehicle Market Imports from Major Countries |
8 Portugal Low Speed Electric Vehicle Market Key Performance Indicators |
8.1 Increase in the number of charging stations across Portugal |
8.2 Growth in the adoption rate of low-speed electric vehicles in urban areas |
8.3 Percentage of government budget allocated towards promoting sustainable transportation |
8.4 Number of partnerships between manufacturers and local businesses to promote low-speed electric vehicles |
8.5 Improvement in battery technology and range of low-speed electric vehicles |
9 Portugal Low Speed Electric Vehicle Market - Opportunity Assessment |
9.1 Portugal Low Speed Electric Vehicle Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
9.2 Portugal Low Speed Electric Vehicle Market Opportunity Assessment, By End user, 2021 & 2031F |
10 Portugal Low Speed Electric Vehicle Market - Competitive Landscape |
10.1 Portugal Low Speed Electric Vehicle Market Revenue Share, By Companies, 2024 |
10.2 Portugal Low Speed Electric Vehicle Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |