The Philippines EV Market, Forecast to 2022

The Philippines EV Market, Forecast to 2022

E-bikes are Likely to Continue Being the Largest Segment

RELEASE DATE
03-Apr-2019
REGION
Asia Pacific
Research Code: PA55-01-00-00-00
SKU: AU01819-AP-MR_22974
$3,000.00
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$3,000.00
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Description

The study provides an overview of the EV market in the Philippines for the period, 2017-2022. The market is segmented into e-Bikes, e-Tricycles/e-Trikes, e-Jeepneys, e-Quads, and passenger EVs. Of these, e-Bikes and e-Trikes account for 95 percent of the market. The Philippines EV market is will grow significantly over the next decade due to the country's economic growth, inadequate public transport alternatives to jeepneys and tricycles, and government support through programs and legislation. New EV launches by OEMs and the establishment of charging infrastructure are expected to further encourage growth. However, the market is likely to be challenged by the limited charging and road infrastructure, a lack of a developed supply chain for batteries and parts, uncertainty regarding standards and requirements, and ownership and usage control restrictions. It also attempts to forecast the demand in an optimistic scenario, a realistic Frost & Sullivan scenario, and a conservative scenario. The research includes the profiles and company background of a few key stakeholders that are expected to influence the market during the forecast period. It also presents a detailed discussion on key findings, Market Engineering measurements, key drivers and restraints, future outlook, growth opportunities, and companies to action.

Research Scope

  • This study focuses only on the EV market in the Philippines during 2017-2022.
  • It provides a strategic review of the current market.
  • It identifies drivers and restraints to EV demand.
  • It identifies growth opportunities for stakeholders.

Key Issues Addressed

  • What are the factors encouraging the adoption of EVs in the Philippines?
  • What does the existing market for EVs look like?
  • What are the policies and regulations related to the EV market in the Philippines?
  • Who are the key players and stakeholders in the market?
  • What are the challenges, drivers, and restraints to the EV market?

Author: Paulo Mutuc

Table of Contents

Key Findings

Market Engineering Measurements

EV Policies and Programs

EV Market Size and Segments

Research Scope

Research Aims and Objectives

Key Questions this Study will Answer

Research Methodology

Strategic Imperative for EVs

Domestic Policies and Programs for EVs

Domestic Policies and Programs for EVs—EO 488, 877-A

Domestic Policies and Programs for EVs—E-Tricycle Program

Domestic Policies and Programs for EVs—DTI-BOI IPP

Domestic Policy for EVs—Excise Tax Exemption

Domestic Policy for EVs—PUV Modernization Program

Domestic Policy for EVs—Standards

Domestic Policy for EVs—Registration Procedures

Domestic Policy for EVs—Registration Procedures (continued)

EV Market Overview—Industry Snapshot

EV Market Overview—Market Segments

EV Market Overview—Vehicles in Use by Segment, 2017

EV Market Overview—Vehicles in Use, 2014–2017

EV Market Overview—Passenger EV Models Available

Infrastructure Overview—Charging Stations

Infrastructure Overview—Charging Stations (continued)

Infrastructure Overview—Charging Stations (continued)

Stakeholder Profile—BEMAC

Stakeholder Profile—PhUV, Inc.

Stakeholder Profile—ToJo Motors

Stakeholder Profile—MERALCO

Stakeholder Profile—QEV Philippines

Stakeholder Profile—UniOil

Market Drivers

Drivers Explained

Drivers Explained (continued)

Drivers Explained (continued)

Market Restraints

Restraints Explained

Restraints Explained (continued)

Market Engineering Measurements

EV Market Forecast

Forecast Scenario Assumptions and Discussion to 2022—Conservative Scenario

Forecast Scenario Assumptions and Discussion to 2022—Optimistic Scenario

Forecast Scenario Assumptions and Discussion to 2022—F&S Scenario

Growth Opportunity—EV Public Transport Fleet Operations

Growth Opportunity—EV Batteries, Parts, and Servicing

Growth Opportunity—Passenger EV Leasing

Strategic Imperatives for Success and Growth

Summary of Findings and Key Conclusions

The Last Word—Three Big Predictions

Legal Disclaimer

Table of Acronyms

Table of Acronyms (continued)

List of Exhibits

The Frost & Sullivan Story

Value Proposition—Future of Your Company & Career

Global Perspective

Industry Convergence

360º Research Perspective

Implementation Excellence

Our Blue Ocean Strategy

The study provides an overview of the EV market in the Philippines for the period, 2017-2022. The market is segmented into e-Bikes, e-Tricycles/e-Trikes, e-Jeepneys, e-Quads, and passenger EVs. Of these, e-Bikes and e-Trikes account for 95 percent of the market. The Philippines EV market is will grow significantly over the next decade due to the country's economic growth, inadequate public transport alternatives to jeepneys and tricycles, and government support through programs and legislation. New EV launches by OEMs and the establishment of charging infrastructure are expected to further encourage growth. However, the market is likely to be challenged by the limited charging and road infrastructure, a lack of a developed supply chain for batteries and parts, uncertainty regarding standards and requirements, and ownership and usage control restrictions. It also attempts to forecast the demand in an optimistic scenario, a realistic Frost & Sullivan scenario, and a conservative scenario. The research includes the profiles and company background of a few key stakeholders that are expected to influence the market during the forecast period. It also presents a detailed discussion on key findings, Market Engineering measurements, key drivers and restraints, future outlook, growth opportunities, and companies to action.--BEGIN PROMO--

Research Scope

  • This study focuses only on the EV market in the Philippines during 2017-2022.
  • It provides a strategic review of the current market.
  • It identifies drivers and restraints to EV demand.
  • It identifies growth opportunities for stakeholders.

Key Issues Addressed

  • What are the factors encouraging the adoption of EVs in the Philippines?
  • What does the existing market for EVs look like?
  • What are the policies and regulations related to the EV market in the Philippines?
  • Who are the key players and sta
More Information
No Index No
Podcast No
Author Paulo Mutuc
Industries Automotive
WIP Number PA55-01-00-00-00
Is Prebook No
GPS Codes 9673-A6,9800-A6,9882-A6,9AF6-A6