Thailand Two Wheeler market is expected to grow at a moderate growth rate by 2026, owing to rise in per capita income, easy financing options, high demand from female riders, and growing demand of electric two wheeler has increased the popularity of Two Wheeler among the consumers. The report focuses the overall Two Wheeler market size by analyzing historical data from 2016-2020 and future prospect from 2021-2026.
Thailand Two Wheeler Market: Segment Analysis-
Based on vehicle type, the market has been categorised into the motorcycle and scooter/moped segment. In 2019, the motorcycle segment dominated the market and is estimated to dominate the market over the next five years as well. In 2019, exports of motorcycle had shown a remarkable growth and a favourable increasing trend in the two-wheeler value market. Moreover, growing technological advancements and increasing research and development is expected to push the demand for two-wheeler in the upcoming years.
Segment by Vehicle Type
- Motorcycle
- Scooter/Moped
- Electric Two Wheeler
Segment by Engine Capacity
- 100cc
- 100-125ccchww
- 150-180cc
- 180-250cc
- 250-500cc
- 500cc
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Key Target Audience:
- Two Wheeler Manufacturers
- Automotive OEMs
- Two Wheeler Component Manufacturers
- Traders, Distributors, and Suppliers
- Industry associations and experts
- Research organizations and consulting companies.
- Research Institutes
- Industry associations
- Market research and consulting firm.
Competitive Landscape
- This section of the report identifies the key players of the market. It helps the reader understand the strategies and collaborations that players are focusing on combat competition in the market. The reader can will get an updated information on their revenue of manufacturers, product portfolio, recent development and expansion plans during the forecast period.
- Thailand two wheeler market Major players are Honda, Yamaha, Piaggio, BMW, Royal Enfield, Kawasaki, Peugeot, Ducati, and others.
- The major players are focusing on increasing their sales and distribution network in order to capture the untapped market. Other growth strategies include joint ventures, mergers & acquisitions and partnerships.
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