Automotive

Thailand Two-wheeler Growth Opportunities

ICE Two-wheelers Dominate the Industry and Electric Two-wheeler Sales Witness Transformational Growth Due to Government Subsidy and 2030 Targets

INDUSTRY
Automotive

RELEASE DATE
04-Jul-2023
REGION
Asia Pacific
DELIVERABLE TYPE
Market Research

RESEARCH CODE
PE95-01-00-00-00
SKU
AU02562-AP-MT_27827
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Thailand Two-wheeler Growth Opportunities
Published on: 04-Jul-2023 | SKU: AU02562-AP-MT_27827

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This report analyzes internal combustion engine two-wheelers (ICE 2Ws) and electric two-wheelers (E2Ws) in Thailand's two-wheeler market. Motorcycles and scooters are the subsegments of ICE 2Ws and E2Ws. This study examines how Thailand is adopting electric mobility and the reasons that contribute to the changing 2W market. It uses the PESTLE and SWOT analysis to look at causal elements, such as growth drivers and restraints, the recent trends reshaping the two-wheeler market, and the nation's approach to managing the transition to electric mobility.

The study's time frame is from 2018 to 2027, and it includes cost comparisons and sales projections for ICE and electric two-wheelers (from 2023 to 2027), considering their consumable expenses, market prices, and the accessibility of complementary products and services. In addition, this report lists the top 10 OEMs operating in the ICE 2W and E2W categories, highlights 2W sales by ICE displacement, and discusses 2W growth opportunities.

Why Is It Increasingly Difficult to Grow?

The Strategic Imperative 8™

The Impact of the Top 3 Strategic Imperatives on the Thailand Two-wheeler (2W) Industry

Growth Opportunities Fuel the Growth Pipeline Engine™

Scope of Analysis

Segmentation

Segmentation: ICE 2Ws

Segmentation: E2Ws

Growth Metrics

Growth Drivers

Growth Restraints

Forecast Assumptions

Thailand’s 2W Roadmap

Vehicles in Operation (VIO) for 2Ws

PESTLE Analysis

SWOT Analysis

Market Attractiveness

Market Outlook for 2Ws

Overall Market Snapshot

Market Trends

Evolving E2W Ecosystem

Comparative Cost Analysis

Opportunities by Fuel Type

Opportunity by Mobility Application

Opportunity by Vehicle Type

Opportunities for E2W Products, Solutions, and Services

Regional Opportunities

ICE 2W Sales Performance: Unit Shipment

ICE 2W Unit Shipment by Displacement

Top OEMs: Market Leaders in 2022

Snapshot of Top ICE 2W Models in Thailand

E2W Sales Performance: Unit Shipment

Top OEMs: Market Leaders in 2022

Snapshot of Top E2W Models in Thailand

Growth Opportunity 1: Government Subsidies and Initiatives

Growth Opportunity 1: Government Subsidies and Initiatives (continued)

Growth Opportunity 2: Charging Infrastructure

Growth Opportunity 2: Charging Infrastructure (continued)

Growth Opportunity 3: E2W Market in Thailand

Growth Opportunity 3: E2W Market in Thailand (continued)

List of Exhibits

Legal Disclaimer

List of Figures
  • Two-wheelers: Growth Metrics, Thailand, 2022
  • Two-wheelers: Growth Drivers, Thailand, 2023-2027
  • Two-wheelers: Growth Restraints, Thailand, 2023-2027
  • Two-wheelers: Total 2W VIO, Thailand, 2018-2022
  • Two-wheelers: VIO Split by Segment, Thailand, 2021 and 2022
  • Two-wheelers: Market Attractiveness, Thailand, 2022
  • Two-wheelers: Average Cost Comparison, Thailand, 2022
  • Two-wheelers: Average Annual Cost Comparison Breakdown by Major Consumable, Thailand, 2022
  • ICE Two-wheelers: Unit Shipment, Thailand, 2018-2027
  • ICE Two-wheelers: Motorcycle and Scooter Segment Unit Shipment by Displacement, Thailand, 2018-2022
  • Two-wheelers: Overall Percent 2W Unit Shipment by OEM, Thailand, 2020-2022
  • ICE Two-wheelers: Best-selling Models, Thailand, 2022
  • Electric Two-wheelers: Unit Shipment, Thailand, 2018-2027
  • Two-wheelers: E2W Unit Shipment by OEM, Thailand, 2020-2022
  • Electric Two-wheelers: Best-selling Models, Thailand, 2022

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