MarkNtel Advisors, a respected research firm, has conducted a comprehensive analysis of the Thailand Electric Scooter market size, Share, Analysis, considering a multitude of factors such as recent developments, trade regulations, import-export assessments, production patterns, shifts in market regulations, optimization of the value chain, and valuable insights into market share. This study is meticulously structured with clearly delineated sections, chapters, and sub-categories, facilitating easy navigation for readers.
What is the market size of the Thailand Electric Scooter industry?
The Thailand Electric Scooter market is projected to grow at a CAGR of around 29% during the forecast period, i.e., 2023-28.
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Market Trend:
Long Range Electric Scooters Waving New Tides –
Long-range electric scooters enable riders to travel greater distances without needing to recharge, making them more practical for daily commutes & longer journeys. As a result, demand for these long-range scooters is growing. Owing to this, companies like Sleek EV, Etran, etc., have launched scooters with a higher range in the country. In Thailand, traffic congestion is a significant problem, especially in urban areas & scooters that offer longer ranges can provide a sustainable & convenient alternative for commuting without contributing to the problem of traffic congestion & air pollution.
Moreover, the long-range e-scooters can also help to address concerns about range anxiety among consumers which would further raise the demand for these scooters. This growing demand would make Thailand an attractive market for companies to launch more long-range of this vehicle during the forecast period.
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The Thailand Electric Scooter market comprises a wide array of diverse segments encompassing variations, trends, and market strategies. These segments are meticulously defined and thoroughly discussed, offering stakeholders vital insights necessary for making informed decisions and gaining a comprehensive understanding of the market landscape. The market is composed of the following segments:
By Battery
-Lead Acid
-Others (Lithium Ion Polymer, Nickel–metal hydride battery)
By Range
-Below 75 Miles
-75-100 Miles
-Above 100 Miles
By Battery Capacity
-< 2 kWh
-2-2.5 kWh
-> 2.5 kWh
By Application
-Commercial Use
-Personal Use
Geographically Covered
By Region
-Midwest
-Northeast
-South
-West
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