The Indian Low-Speed Electric Scooter Market showed a 214% CAGR from 2018 to 2023. This segment has a specific pocket where it has a demand. Low-speed electric Scooter customers are shifting towards high-speed Electric scooters. However, some segments, like urban Commuters, Women or females, Delivery workers, and the Elderly, are inclined towards adopting Low-Speed E-Scooters.
Key buying Factors:
- Attractive Price or high affordability
- Ease of use
- Suitable for some applications like E-commerce or Delivery
- Environment benefits
- In Some uses, low speed is considered one of the USP
Following are the challenges also:
- Limited Safety features
- Restricted Government Subsidy
- Short Range
- Small target Segment
- Battery Type
- Aesthetic look
There is a fine line between the Challenges and opportunities of the Low-Speed Electric Scooter. The OEMs need to find the market gap and upgrade the product range.
The customer has certain expectations from the low-speed E-Scooter, which we measure based on Technical Specs, Features, and Emotions. Product-market fit needs to move to a Product-Segment frame.
By making minor changes, such as upgrading the range, Speed & Performance, battery Type, and some Safety features, along with an Aesthetic look, the manufacturer can increase its revenue by 160% to 200%.
GO-TO-Market Strategy:
The city also plays a critical role when you plan to launch a Low-Speed E-Scooter. In our detailed report, we have the Low-Speed Electric Scooter Market size and forecast based on the type of city—tier 1, Tier 2, and other major emerging cities.
We have included customer persona for most of the significant applications and cities.
Competitor landscape:
The report covers all major Low-Speed Scooters like Hero, Detel, Lohia Auto, Kinetic Green, Speedways, Whitecarbon, Ampere, Joy, and others.
Market Forecast:
The Electric Low-Speed scooter market is expected to register a 10% CAGR from 2025 to 2030. Some new cities have become emerging markets for low-speed electric scooters.
Additional Consulting:
- How to Setup Manufacturing Unit of Electric Two Wheeler in India
- Business Plan
- Digital Marketing
- GO-TO–Market Strategy Analysis
- Customer Survey
Key Highlights of the Report and Data:
- Market Classification of E-Scooters
- Component Supply chain and pricing
- Low-speed E-Scooter market size, market trend, and Forecast in units and Value
- City-wise E-Scooter Market Size, Trend, and Forecast
- Key Growth Drivers and Challenges
- Geographical insights on sale of low speed by Tier-1 or Tier-2 and State/city?
- Any income group insights on low-speed consumers?
- Any customer profile for low-speed scooter
- Product value proposition for Delivery Workers and
Small Businesses - Key OEMs and Key Models Specs and Pricing Analysis
- Overlapping Analysis with High-speed Electric Scooter
- SWOT and PORTER analysis
