Thailand Electric Scooter Market Growth, Size & Forecast 2025-2030

The Thailand Electric Scooter Market size is valued at 3500 units in 2024 & and is projected to reach 12,000 units by 2030. Along with this, the market is estimated to grow at a CAGR of around 19.54% during the forecast period, i.e., 2025-30.                  

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 increase, 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.

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Market Dimensions & Projections

·        Pricing Evaluation

·        Recent Strategic Moves by Companies

·        Primary Stakeholders

·        Import/Export Trend Analysis

·        Competitive Landscape Assessment

·        Emerging Opportunities

·        Market Trends and Indicators

 

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Thailand Electric Scooter Market Segmentation:

The market report categorizes the market based on different segments and geographical analysis.

Study Timeline:

-Base Year: 2024

-Historical Period: 2020 to 2023

-Forecast Period: 2025 to 2030

  • 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
  • By Region
    • Midwest
    • Northeast
    • South
    • West

 

Competitive Landscape

With strategic initiatives, such as mergers, collaborations, and acquisitions, the leading market companies, including -   Gogoro, Yamaha, Sanyang Motor Co., Ltd, Yadea Group Holdings Ltd., Vmoto Soco Group, NIU Technologies, EZYRIDE, Ather, and Others

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