MarkNtel Advisors, a leading market research firm, has showed its latest study titled "Thailand Electric Scooter Market", offering a detailed industry overview and market perspective. This comprehensive research provides insights into the current state of the market, highlighting recent advancements and emerging trends.
The report combines in-depth quantitative analysis with qualitative analysis; it ranges from macro-overviews of the overall market size, industry chain, and market dynamics to micro details of segment markets. This, as a result, provides a thorough overview of the industry under study as well as a profound understanding of all of its important features.
Analysis and Insights into the Thailand Electric Scooter Market: 2023-2028
The Thailand Electric Scooter Market size is valued at around USD 9.46 Million in 2024 is projected to grow at a CAGR of around 29% during the forecast period, i.e., 2023-28.
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What are the primary factors driving the growth of the Thailand Electric Scooter Market?
Thailand Electric Scooter Market Driver: Rising Environmental Concerns Low Running Cost of Electric Scooter to Enhance its Adoption
Air Pollution is a major growing concern in Thailand, owing to which more consumers are looking for environmentally-friendly transportation options. Electric scooters offer a clean green alternative to traditional gas-powered vehicles, driving demand for these vehicles in the country. In recent years, air pollution has worsened, with more than 200,000 people being admitted to hospitals due to respiratory ailments. These surging environmental concerns would further enhance the adoption of this vehicle during the forecast period in Thailand.
Moreover, the cost of charging an e-scooter is significantly lower than the cost of filling up a gas tank, due to which consumers can save money on fuel costs over the life of the scooter. Additionally, the availability of charging stations in Thailand is increasing, making it more convenient cost-effective for consumers to use these scooters. In addition, the country’s state-run oil company PTT Oil has planned to establish the country’s largest electric vehicle (EV) charging network, with 7,000 outlets in 2030.
As more charging stations are installed, competition among charging providers is likely to enhance, leading to lower charging costs for consumers, further reducing the running cost of an electric vehicle. Owing to this, the adoption of this vehicle is expected to rise during the forecast period.
Thailand Electric Scooter Market Segmentation:
The Thailand Electric Scooter Market is categorized in to different segments. Analyzing growth across these segments enables a comprehensive understanding of key growth areas within the industry. This segmentation provides valuable market insights, empowering stakeholders to make strategic decisions and identify primary market applications effectively.
By Battery
-Lead Acid
-Lithium Ion
-Others (Lithium Ion Polymer, Nickel–metal hydride battery)
- Among both, the scooters with lithium-ion batteries have showcased significant sales figures during the historical period due to various reasons like longer range, fast charging capability, and better performance.
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
Geographical Analysis into the Vivid Hair Dye Market:
- Midwest
- Northeast
- South
- West
Read Detailed Index of full Research Study at - https://www.marknteladvisors.com/research-library/thailand-e-scooter-market.html
Competitive Landscape and Thailand Electric Scooter MarAket Share Analysis:
The competitive landscape of the Thailand Electric Scooter Market includes comprehensive details about competitors. These details encompass company overviews, financial performance, revenue generation, market potential, investments in research and development, new market strategies, production facilities, strengths and weaknesses, product launches, ongoing trials, approvals, patents, product range, dominant applications, and technology life cycle.
The report features major players including:
Gogoro, Yamaha, Sanyang Motor Co., Ltd, Yadea Group Holdings Ltd., Vmoto Soco Group, NIU Technologies, EZYRIDE, Ather, Others
Market research studies from MarkNtel Advisors are offered in PDF, Excel and PowerPoint formats. Within 24 hours of the payment being successfully received, the report will be sent to your email address.
Questions Addressed in this Study
- What factors are driving the Thailand Electric Scooter Market growth?
- How is the Thailand Electric Scooter Market expected to grow over the next five years?
- What are the key insights into the current trends in the Thailand Electric Scooter Market?
- What is the current size of the Thailand Electric Scooter Market, and how is it projected to change in the future?
- What is the future outlook for the Thailand Electric Scooter Market in terms of technological advancements and market expansion?
Why choose MarkNtel?
MarkNtel Advisors is a leading market research company, consulting, data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial varied client base, including multinational corporations, financial institutions, governments, individuals, among others.
Our specialization in niche industries emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing forecasting, trend analysis, among others, for 14.8 diverse industrial verticals.
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