Product Code: ETC4566565 | Publication Date: Jul 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 | |
The India Low-Speed Vehicle market is gaining prominence as a segment that includes electric golf carts, neighborhood electric vehicles, and other low-speed transportation options. These vehicles are suitable for short-distance travel within gated communities, resorts, and recreational areas. As India experiences urbanization and seeks sustainable transportation solutions, the low-speed vehicle market is anticipated to grow, offering efficient and eco-friendly options for various applications.
The low-speed vehicle market is influenced by the demand for cost-effective and eco-friendly transportation solutions in India urban and industrial areas. These vehicles are commonly used in gated communities, industrial complexes, and for short-distance transportation, and their popularity is rising due to their energy efficiency and reduced environmental impact.
The low-speed vehicle market in India faces challenges related to inadequate infrastructure for electric vehicle charging and limitations in vehicle speed and utility, which may affect its wider adoption and integration into urban transportation systems.
The low-speed vehicle market, including electric and compact cars, continued to grow as these vehicles are often seen as more economical and suitable for urban transportation. The pandemic accelerated the adoption of low-speed electric vehicles in certain urban areas.
Major contributors in this sector encompass Polaris Industries, Club Car (Ingersoll Rand), Textron Specialized Vehicles, and Garia.
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 India Low-Speed Vehicle Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Low-Speed Vehicle Market Revenues & Volume, 2021 & 2031F |
3.3 India Low-Speed Vehicle Market - Industry Life Cycle |
3.4 India Low-Speed Vehicle Market - Porter's Five Forces |
3.5 India Low-Speed Vehicle Market Revenues & Volume Share, By Application Type, 2021 & 2031F |
3.6 India Low-Speed Vehicle Market Revenues & Volume Share, By Power Output, 2021 & 2031F |
3.7 India Low-Speed Vehicle Market Revenues & Volume Share, By Propulsion, 2021 & 2031F |
3.8 India Low-Speed Vehicle Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
3.9 India Low-Speed Vehicle Market Revenues & Volume Share, By Battery Type, 2021 & 2031F |
3.10 India Low-Speed Vehicle Market Revenues & Volume Share, By Voltage Type, 2021 & 2031F |
3.11 India Low-Speed Vehicle Market Revenues & Volume Share, By Category Type, 2021 & 2031F |
4 India Low-Speed Vehicle Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Low-Speed Vehicle Market Trends |
6 India Low-Speed Vehicle Market, By Types |
6.1 India Low-Speed Vehicle Market, By Application Type |
6.1.1 Overview and Analysis |
6.1.2 India Low-Speed Vehicle Market Revenues & Volume, By Application Type, 2021-2031F |
6.1.3 India Low-Speed Vehicle Market Revenues & Volume, By Golf courses, 2021-2031F |
6.1.4 India Low-Speed Vehicle Market Revenues & Volume, By Hotels & resorts, 2021-2031F |
6.1.5 India Low-Speed Vehicle Market Revenues & Volume, By Airports, 2021-2031F |
6.1.6 India Low-Speed Vehicle Market Revenues & Volume, By industrial facilities, 2021-2031F |
6.1.7 India Low-Speed Vehicle Market Revenues & Volume, By Others, 2021-2031F |
6.2 India Low-Speed Vehicle Market, By Power Output |
6.2.1 Overview and Analysis |
6.2.2 India Low-Speed Vehicle Market Revenues & Volume, By <8 kW, 2021-2031F |
6.2.3 India Low-Speed Vehicle Market Revenues & Volume, By 8-15 kW, 2021-2031F |
6.2.4 India Low-Speed Vehicle Market Revenues & Volume, By >15 kW, 2021-2031F |
6.3 India Low-Speed Vehicle Market, By Propulsion |
6.3.1 Overview and Analysis |
6.3.2 India Low-Speed Vehicle Market Revenues & Volume, By Diesel, 2021-2031F |
6.3.3 India Low-Speed Vehicle Market Revenues & Volume, By Electric, 2021-2031F |
6.3.4 India Low-Speed Vehicle Market Revenues & Volume, By Gasoline, 2021-2031F |
6.4 India Low-Speed Vehicle Market, By Vehicle Type |
6.4.1 Overview and Analysis |
6.4.2 India Low-Speed Vehicle Market Revenues & Volume, By Golf cart, 2021-2031F |
6.4.3 India Low-Speed Vehicle Market Revenues & Volume, By Commercial turf utility vehicle, 2021-2031F |
6.4.4 India Low-Speed Vehicle Market Revenues & Volume, By Industrial utility vehicle, 2021-2031F |
6.4.5 India Low-Speed Vehicle Market Revenues & Volume, By Personal mobility vehicle, 2021-2031F |
6.5 India Low-Speed Vehicle Market, By Battery Type |
6.5.1 Overview and Analysis |
6.5.2 India Low-Speed Vehicle Market Revenues & Volume, By Li-Ion, 2021-2031F |
6.5.3 India Low-Speed Vehicle Market Revenues & Volume, By Lead Acid, 2021-2031F |
6.6 India Low-Speed Vehicle Market, By Voltage Type |
6.6.1 Overview and Analysis |
6.6.2 India Low-Speed Vehicle Market Revenues & Volume, By <60V, 2021-2031F |
6.6.3 India Low-Speed Vehicle Market Revenues & Volume, By >60V, 2021-2031F |
6.7 India Low-Speed Vehicle Market, By Category Type |
6.7.1 Overview and Analysis |
6.7.2 India Low-Speed Vehicle Market Revenues & Volume, By L6, 2021-2031F |
6.7.3 India Low-Speed Vehicle Market Revenues & Volume, By L7, 2021-2031F |
7 India Low-Speed Vehicle Market Import-Export Trade Statistics |
7.1 India Low-Speed Vehicle Market Export to Major Countries |
7.2 India Low-Speed Vehicle Market Imports from Major Countries |
8 India Low-Speed Vehicle Market Key Performance Indicators |
9 India Low-Speed Vehicle Market - Opportunity Assessment |
9.1 India Low-Speed Vehicle Market Opportunity Assessment, By Application Type, 2021 & 2031F |
9.2 India Low-Speed Vehicle Market Opportunity Assessment, By Power Output, 2021 & 2031F |
9.3 India Low-Speed Vehicle Market Opportunity Assessment, By Propulsion, 2021 & 2031F |
9.4 India Low-Speed Vehicle Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
9.5 India Low-Speed Vehicle Market Opportunity Assessment, By Battery Type, 2021 & 2031F |
9.6 India Low-Speed Vehicle Market Opportunity Assessment, By Voltage Type, 2021 & 2031F |
9.7 India Low-Speed Vehicle Market Opportunity Assessment, By Category Type, 2021 & 2031F |
10 India Low-Speed Vehicle Market - Competitive Landscape |
10.1 India Low-Speed Vehicle Market Revenue Share, By Companies, 2024 |
10.2 India Low-Speed Vehicle Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |