MarkNtel Advisors recently published a detailed industry analysis of the Thailand Electric Scooter Market. The report covers growth trends, geographical marketing strategies, challenges, opportunities, and drivers influencing the market.

Insights and Analysis of 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 is driving the Thailand Electric Scooter Market?

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.

What segments define the Thailand Electric Scooter market from 2023 to 2028? How do these segments contribute to market dynamics and growth?

By Battery

(Lead Acid, Lithium Ion, Others),

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),

By Region

(Midwest, Northeast, South, West)

Explore the Complete Thailand Electric Scooter Market Analysis Report – https://www.marknteladvisors.com/research-library/thailand-e-scooter-market.html

Who are the leading key players shaping the Thailand Electric Scooter Market landscape?

Gogoro, Yamaha, Sanyang Motor Co., Ltd, Yadea Group Holdings Ltd., Vmoto Soco Group, NIU Technologies, EZYRIDE, Ather, Others

Questions Addressed in this Study

1.What factors are driving the Thailand Electric Scooter Market growth?

2.How is the Thailand Electric Scooter Market expected to grow over the next five years?

3.What are the key insights into the current trends in the Thailand Electric Scooter Market?

4.What is the current size of the Thailand Electric Scooter Market, and how is it projected to change in the future?

6.What is the future outlook for the Thailand Electric Scooter Market in terms of technological advancements and market expansion?

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