Product Code: ETC4572691 | Publication Date: Jul 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 | |
The electric scooter market in Vietnam is undergoing a transformative shift as the demand for eco-friendly and cost-effective transportation solutions rises. With urbanization and increased awareness of environmental issues, electric scooters are gaining popularity as an alternative to traditional fuel-powered vehicles. Government incentives and initiatives promoting electric mobility are further propelling the growth of this market. The electric scooter market is expected to play a crucial role in addressing urban transportation challenges and contributing to the country`s sustainable development goals.
The Vietnam Electric Scooter Market is on the rise, primarily driven by several factors. First and foremost, the government`s initiatives to reduce pollution and traffic congestion in urban areas have led to the promotion of electric mobility solutions. Electric scooters are seen as a cleaner and more sustainable mode of transportation, which is being encouraged through various incentives and subsidies. Additionally, the cost-effectiveness of electric scooters in terms of fuel savings and maintenance is appealing to consumers. The rapid development of charging infrastructure and the availability of affordable electric scooters are further boosting market growth. Furthermore, the increased awareness of environmental issues and the desire for convenient last-mile transportation options are driving the adoption of electric scooters in Vietnam.
The Vietnam Electric Scooter market encounters challenges linked to the adoption of electric vehicles in the two-wheeler segment. Limited charging infrastructure for electric scooters in certain regions poses a practical challenge for consumers. The initial higher purchase cost of electric scooters compared to traditional counterparts contributes to consumer hesitancy. Additionally, concerns about the range limitations and battery life of electric scooters impact their widespread acceptance. The need for comprehensive government incentives and policies to promote electric vehicle adoption presents a regulatory challenge in the market.
The Vietnam Electric Scooter Market has experienced notable shifts in consumer preferences and mobility patterns due to the COVID-19 pandemic. With an increased emphasis on personal mobility, electric scooters have emerged as a popular and eco-friendly mode of transportation. The pandemic-induced restrictions on public transportation and concerns about safety have accelerated the adoption of electric scooters as a convenient and sustainable alternative. As Vietnam adapts to the evolving dynamics of urban mobility, the Electric Scooter Market is witnessing investments in charging infrastructure, battery technology, and smart features that enhance the overall riding experience. The post-pandemic era presents opportunities for the Electric Scooter Market to play a pivotal role in shaping the future of urban transportation.
In the dynamic landscape of the Vietnam Electric Scooter market, several key players have emerged as industry leaders. Companies such as Vingroup, Yamaha Vietnam, and PEGA are at the forefront, contributing significantly to the market`s growth. Vingroup, a prominent Vietnamese conglomerate, has made substantial strides in the electric mobility sector, introducing innovative electric scooter models that cater to the evolving preferences of consumers. Yamaha Vietnam, a subsidiary of the global Yamaha Motor Company, has also played a pivotal role with its high-performance electric scooters. Additionally, PEGA, a well-known Vietnamese electric vehicle manufacturer, has been instrumental in shaping the market through its diverse range of electric scooters.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Vietnam Electric Scooter Market Overview |
3.1 Vietnam Country Macro Economic Indicators |
3.2 Vietnam Electric Scooter Market Revenues & Volume, 2021 & 2031F |
3.3 Vietnam Electric Scooter Market - Industry Life Cycle |
3.4 Vietnam Electric Scooter Market - Porter's Five Forces |
3.5 Vietnam Electric Scooter Market Revenues & Volume Share, By Vehicle, 2021 & 2031F |
3.6 Vietnam Electric Scooter Market Revenues & Volume Share, By Battery, 2021 & 2031F |
3.7 Vietnam Electric Scooter Market Revenues & Volume Share, By Voltage, 2021 & 2031F |
4 Vietnam Electric Scooter Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Vietnam Electric Scooter Market Trends |
6 Vietnam Electric Scooter Market, By Types |
6.1 Vietnam Electric Scooter Market, By Vehicle |
6.1.1 Overview and Analysis |
6.1.2 Vietnam Electric Scooter Market Revenues & Volume, By Vehicle, 2021-2031F |
6.1.3 Vietnam Electric Scooter Market Revenues & Volume, By E-Scooters/Mopeds & E-Motorcycles, 2021-2031F |
6.1.4 Vietnam Electric Scooter Market Revenues & Volume, By E-Motorcycles, 2021-2031F |
6.2 Vietnam Electric Scooter Market, By Battery |
6.2.1 Overview and Analysis |
6.2.2 Vietnam Electric Scooter Market Revenues & Volume, By Lead Acid & Li-Ion, 2021-2031F |
6.3 Vietnam Electric Scooter Market, By Voltage |
6.3.1 Overview and Analysis |
6.3.2 Vietnam Electric Scooter Market Revenues & Volume, By 36V, 2021-2031F |
6.3.3 Vietnam Electric Scooter Market Revenues & Volume, By 48V, 2021-2031F |
6.3.4 Vietnam Electric Scooter Market Revenues & Volume, By 60V, 2021-2031F |
6.3.5 Vietnam Electric Scooter Market Revenues & Volume, By 72V, 2021-2031F |
6.3.6 Vietnam Electric Scooter Market Revenues & Volume, By Above 72V, 2021-2031F |
7 Vietnam Electric Scooter Market Import-Export Trade Statistics |
7.1 Vietnam Electric Scooter Market Export to Major Countries |
7.2 Vietnam Electric Scooter Market Imports from Major Countries |
8 Vietnam Electric Scooter Market Key Performance Indicators |
9 Vietnam Electric Scooter Market - Opportunity Assessment |
9.1 Vietnam Electric Scooter Market Opportunity Assessment, By Vehicle, 2021 & 2031F |
9.2 Vietnam Electric Scooter Market Opportunity Assessment, By Battery, 2021 & 2031F |
9.3 Vietnam Electric Scooter Market Opportunity Assessment, By Voltage, 2021 & 2031F |
10 Vietnam Electric Scooter Market - Competitive Landscape |
10.1 Vietnam Electric Scooter Market Revenue Share, By Companies, 2024 |
10.2 Vietnam Electric Scooter Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |