Market Insights and Analysis: Thailand Electric Scooter Market Overview and Projections (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.
Top leading companies in the Thailand Electric Scooter Market includes:
Gogoro, Yamaha, Sanyang Motor Co., Ltd, Yadea Group Holdings Ltd., Vmoto Soco Group, NIU Technologies, EZYRIDE, Ather, Others
Thailand Electric Scooter Market Key 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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Report Segmentation:
The market is categorized into the following segments in the report:
By Battery
-Lead Acid
-Lithium Ion
-Others (Lithium Ion Polymer, Nickel–metal hydride battery)
- 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
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Thailand Electric Scooter Market Geographic Reach:
The Geographic Reach of the Olive Market evaluates the spread and significance of Thailand Electric Scooter Market consumption across different regions/country, emphasizing areas with the largest market size and the most promising growth potential.
- Midwest
- Northeast
- South
- West
Note: If you require specific information not covered in the current report, we can provide it through customized option
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