Market Research Report
Thailand Two Wheeler Market, By Vehicle Type (Motorcycle, Scooter/Moped), By Engine Capacity (Up to 125cc, 126-250cc, 250-500cc and Above 500cc), By Company and By Geography, Forecast & Opportunities, 2025
|Thailand Two Wheeler Market, By Vehicle Type (Motorcycle, Scooter/Moped), By Engine Capacity (Up to 125cc, 126-250cc, 250-500cc and Above 500cc), By Company and By Geography, Forecast & Opportunities, 2025|
Published: June 1, 2020
Content info: 71 Pages
Delivery time: 2-3 business days
Thailand two wheeler market is projected to grow at a CAGR of over 5% during the 2021-2025. The major factors influencing the growth of the market are growing population, improving consumer spending power, increase in the registration of new motorcycles and release of new models by manufacturers in the country. Thailand is the one of the largest production hub for motorcycle in the world, sitting behind China, India, Indonesia and Vietnam, this is because of the significant producers, particularly those from Japan, putting plants in Thailand to set up their production base for export market.
However, lock down restrictions on account of COVID-19 can significantly hamper the two wheeler production and sales in 2020; however, increasing demand for two wheeler and increasing traffic congestion in cities of the country will drive the Thailand two wheeler market through 2025.
Based on vehicle type, the market has been categorised into 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.
The major player operating in Thailand two wheeler market are Honda Motors, Kawasaki Motors, Yamaha, Suzuki, Ducati.
Years considered for this report:
Historical Years: 2015-2018
Base Year: 2019
Estimated Year: 2020
Forecast Period: 2021-2025
Objective of the Study:
To perform the study, TechSci Research conducted primary as well as exhaustive secondary research. Initially, TechSci Research prepared an exhaustive list of Two Wheeler manufacturers and dealers operating in Thailand. Subsequently, TechSci Research conducted primary research surveys, which include primary calls, email responses, etc., with the identified companies. While interviewing, the respondents were also asked about their major competitors. TechSci Research analysed product offerings, distribution channels and regional presence of all major Two Wheeler companies across Thailand.
TechSci Research calculated the market size for Thailand Two Wheeler market using a bottom-up technique, wherein sales volume data of different engine capacities was recorded as well as forecast for the future years. TechSci Research sourced these values from industry experts and company representatives, and externally validated through analysing historical sales data of respective manufacturers to arrive at the overall market size.
Key Target Audience:
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as collaboration manufacturer and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
In this report, Thailand Two-Wheeler Market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
Up to 125cc
North East Region
Rest of Thailand
Company Profiles: Detailed analysis of the major companies present in Two-Wheeler Market.
With the given market data, TechSci Research offers customizations according the company's specific needs. The following customization options are available for the report:
Profit Margin Analysis