MarkNtel Advisors is not just a market research company; it is a cornerstone in the realm of research and consulting provide market research report titled as Thailand Electric Scooter Market Size, Share, Analysis, Forecast 2023-2028.

Thailand Electric Scooter Market Analysis and Insights:

The Thailand Electric Scooter Market size is estimated to grow at a CAGR of around 29% during the forecast period, i.e., 2023-28.

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Thailand Electric Scooter Market Dynamics
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 Report Segmentation:

The report has segmented the market into the following categories:

By Battery

-Lead Acid

-Lithium Ion

-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

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Who are the top Companies in the Thailand Electric Scooter Market?

Cummins, Caterpillar, Denyo, Noor Generators Technology, Greaves Cotton Ltd, PR Middle East FZE, MHI Engine System Middle East FZE, Ausonia, Constant Power Solutions Ltd., Staunch Machinery, Others

Note – If you require specific information not currently addressed in the report’s scope, we will supply it to you as part of the customization process

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