Thailand Electric Scooters Market Competition 2023
Thailand Electric Scooters market currently, in 2023, has witnessed an HHI of 6251, Which has decreased substantially as compared to the HHI of 8989 in 2017. The market is moving towards Highly concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
Thailand Export Potential Assessment For Electric Scooters Market (Values in USD Thousand)
Thailand Electric Scooters Market report comprehensively covers the market by battery type, product type, and voltage type. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities, high growth areas, and market drivers, which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Thailand Electric Scooters Market Synopsis
Thailand Electric Scooters Market is anticipated to behold rapid growth during the forecast period. The government of the country has initiated the measures in favor of the adoption of Electric Vehicles owes to the rising environmental concerns. Moreover, rising health concerns backed by government incentives are also contributing towards the development of the Electric Scooters market. OEM's contribution to introducing the light motor vehicle has significantly contributed to the market.
According to 6Wreseach, Thailand Electric Scooters Market size is projected to register growth during the forecast period 2020-2026. Rapid growth in the sector due to the substantial shift towards two-wheelers especially electric two-wheelers backed by government curbs on controlling pollution. However, Thailand is still unexplored in terms of electric vehicles owing to the negative growth of the market backed by the impact of COVID-19. Nationwide lockdown has staggered the production of the economy. Although the overall impact on electric scooters was positive due to the government's implication to avoid crowded places backed by initiating the use of personal two-wheelers.
Market by Product Type Analysis
Based on product type, the market is categorized into Retro, Standing/Self-balancing, and folding scooter. The retro is anticipated to dominate the market in terms of size and revenue during the forecast period.
Market by Battery Type Analysis
Based on battery type, the Electric Scooter Market is categorized into sealed lead acid, Li-ion, and NiMH. Sealed lead acid is the most popularly used segment and is forecasted to dominate the market.
Market by Voltage Type Analysis
Based on Voltage, the industry is segmented into 24V, 36V, 48V, 60V, 72V. 36V battery accounts for the largest share in the two-wheeler market owes to its optimum power and is likely to dominate the market.
Key Attractiveness of the Report
- COVID-19 Impact on the Market.
- 10 Years Market Numbers.
- Historical Data Starting from 2016 to 2019.
- Base Year: 2019
- Forecast Data until 2026.
- Key Performance Indicators Impacting the Market.
- Major Upcoming Developments and Projects.
Key Highlights of the Report:
- Thailand Electric Scooters Market Outlook
- Market Size of Thailand Electric Scooters Market, 2019
- Forecast of Thailand Electric Scooters Market, 2026
- Historical Data and Forecast of Thailand Electric Scooters Revenues & Volume for the Period 2016 - 2026
- Thailand Electric Scooters Market Trend Evolution
- Thailand Electric Scooters Market Drivers and Challenges
- Thailand Electric Scooters Price Trends
- Thailand Electric Scooters Porter's Five Forces
- Thailand Electric Scooters Industry Life Cycle
- Historical Data and Forecast of Thailand Electric Scooters Market Revenues & Volume By Product Type for the Period 2016 - 2026
- Historical Data and Forecast of Thailand Electric Scooters Market Revenues & Volume By Retro for the Period 2016 - 2026
- Historical Data and Forecast of Thailand Electric Scooters Market Revenues & Volume By Standing/Self-Balancing for the Period 2016 - 2026
- Historical Data and Forecast of Thailand Electric Scooters Market Revenues & Volume By Folding for the Period 2016 - 2026
- Historical Data and Forecast of Thailand Electric Scooters Market Revenues & Volume By Battery Type for the Period 2016 - 2026
- Historical Data and Forecast of Thailand Electric Scooters Market Revenues & Volume By Sealed Lead Acid for the Period 2016 - 2026
- Historical Data and Forecast of Thailand Electric Scooters Market Revenues & Volume By NiMH for the Period 2016 - 2026
- Historical Data and Forecast of Thailand Electric Scooters Market Revenues & Volume By Li-Ion for the Period 2016 - 2026
- Historical Data and Forecast of Thailand Electric Scooters Market Revenues & Volume By Voltage Type for the Period 2016 - 2026
- Historical Data and Forecast of Thailand Electric Scooters Market Revenues & Volume By 24V for the Period 2016 - 2026
- Historical Data and Forecast of Thailand Electric Scooters Market Revenues & Volume By 36V for the Period 2016 - 2026
- Historical Data and Forecast of Thailand Electric Scooters Market Revenues & Volume By 48V for the Period 2016 - 2026
- Historical Data and Forecast of Thailand Electric Scooters Market Revenues & Volume By Greater than 48V for the Period 2016 - 2026
- Thailand Electric Scooters Import Export Trade Statistics
- Market Opportunity Assessment By Product Type
- Market Opportunity Assessment By Battery Type
- Market Opportunity Assessment By Voltage Type
- Thailand Electric Scooters Top Companies Market Share
- Thailand Electric Scooters Competitive Benchmarking By Technical and Operational Parameters
- Thailand Electric Scooters Company Profiles
- Thailand Electric Scooters Key Strategic Recommendations
Market Scope and Segmentation
The report provides a detailed analysis of the following market segments
- By Product type
- Retro
- Standing/Self balancing
- Folding
- By Battery type
- Sealed Lead Acid
- NiMH
- Li-on
- By Voltage
- 24V
- 36V
- 48V
- More than 48V
