Executive Summary

The Thailand Electric Scooter Market is poised for significant growth, with projections estimating a surge from 3,500 units in 2024 to 12,000 units by 2030. This equates to a CAGR of approximately 19.54% driven by rising environmental awareness, improved infrastructure, and government initiatives. The market sees an increasing demand for electric scooters, particularly in urban areas, highlighting the shift towards sustainable transportation in Thailand.

Thailand Electric Scooter Market Scope & Key Highlights

 ◾ CAGR of 19.54% projected from 2025 to 2030.

 ◾ Market size expected to reach 12,000 units by 2030.

 ◾ Growing adoption driven by commercial and personal use segments.

 ◾ Rising charging infrastructure easing range anxiety concerns.

 ◾ Government aims for 30% e-vehicle sales by 2030 under EV 30@30 initiative.

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Thailand Electric Scooter Market Key Drivers

1.) Rising Environmental Concerns

Increasing pollutants in urban Thailand have heightened public concern around air quality. These environmental issues are prompting consumers to opt for electric scooters, which provide a cleaner alternative to traditional vehicles. The shift is supported by government policies aimed at reducing greenhouse gas emissions and promoting sustainable transport options.

2.) Cost-Effectiveness of Electric Scooters

Electric scooters present a significant cost advantage over gas-powered vehicles. The lower cost of electricity compared to gasoline allows for substantial savings over time. As charging infrastructure continues to improve, utilization becomes more convenient, supporting further adoption amongst consumers seeking economical transport solutions.

3.) Government Incentives and Infrastructure Development

Thai government initiatives, such as the EV 30@30 program, aim to promote electric mobility by facilitating charging infrastructure and reducing tariffs. Investments in these areas are poised to support rapid growth in the electric scooter market, effectively addressing consumers’ range anxiety and opening new opportunities for market players.

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Outlook of Thailand Electric Scooter Market Segmentation

Divided By Battery

 ◾ Lead Acid

 ◾ Lithium Ion

 ◾ Others (Lithium Ion Polymer, Nickel–metal hydride battery)

Among both, the scooters with lithium-ion batteries have showcased significant sales figures during the historical period.

Divided By Range

 ◾ Below 75 Miles

 ◾ 75-100 Miles

 ◾ Above 100 Miles

Divided By Battery Capacity

 ◾ < 2 kWh

 ◾ 2-2.5 kWh

 ◾ > 2.5 kWh

Divided By Application

 ◾ Commercial Use

 ◾ Personal Use

The Commercial sector is a major customer for electric scooters in Thailand, with many companies using them for short-distance deliveries & transportation.

Divided By Region

 ◾ Midwest

 ◾ Northeast

 ◾ South

 ◾ West

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Competitive Landscape

 ◾ Gogoro

 ◾ Yamaha

 ◾ Sanyang Motor Co., Ltd

 ◾ Yadea Group Holdings Ltd.

 ◾ Vmoto Soco Group

 ◾ NIU Technologies

 ◾ EZYRIDE

 ◾ Ather

 ◾ Others

Exploring the Research Findings

The report answers critical questions that stakeholders in the market seek to address. Key questions include:

1. What is the projected CAGR of the Thailand Electric Scooter Market by 2030?
2. How will the Thailand Electric Scooter Market size evolve from 2025 to 2030?
3. What is the forecasted value of the Thailand Electric Scooter Market in 2030?
4. Which factors will drive growth in the Thailand Electric Scooter Market by 2030?
5. Which regions will lead market growth through 2025–2030?
6. What segments are expected to expand fastest by 2030?
7. Who are the expected market leaders in 2025–2030?
8. What will be the top strategies for success in this market?
9. How will tech innovations reshape this market by 2030?
10. What investment trends are shaping the Thailand Electric Scooter Market?
11. How will consumer demand shift in the next five years?
12. What risks could impact market growth through 2030?
13. Which new applications will drive future market value?
14. What charts show forecasted trends in this market?
15. What metrics should investors track from 2025 to 2030?

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MarkNtel Advisors is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. We being a qualitative & quantitative research company, strive to deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, and individuals, among others.

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