Press release
Thailand Electric Two-Wheeler Market Is Expected To Grow With A CAGR Over 44.0% During The Forecast Period 2018-2024
Thailand is still unexplored electric vehicle market and the number of electric vehicles in the country remains low in the country. The country is yet to formulate organized regulations to promote and encourage electric vehicles adoption in Thailand. The market for light electric vehicles in the country is primarily driven by the fact that non-government organizations are supporting and fueling electric vehicle adoption.
However, now the government of the country has kick-started its actions towards the adoption of electric vehicles including light electric vehicles. The government in Thailand plans to run 1.2 million electric vehicles and 690 charging stations in the country by 2036. The Thailand Automotive Institute has signed a letter of intent with Japan External Trade Organization (JETRO) for talks on next-generation vehicles to develop the EV industry in Thailand.
Browse Market Insight and In-Depth ToC At: https://www.vynzresearch.com/automotive-transporation/thailand-electric-two-wheeler-market
Based on product, the market is categorized into e-scooters, e-bikes, e-motorcycles, and others. E-scooters hold the largest share in the Thailand market, in terms of revenue as well as fleet size. E-motorcycles are anticipated to witness the fastest growth at a CAGR of 37.9%, in terms of fleet size, during the forecast period. On the basis of battery technology, the market is categorized into removable battery and non-removable battery. Of both the categories, non-removable batteries are majorly used in the market as it is convenient for electric two-wheelers to plugin and charge batteries instead of removing and charging indoors.
On the basis of battery type, the market is segmented into sealed lead acid, Li-ion, and NiMH. Of all, sealed lead acid is the most common type of battery used in the electric two-wheelers in Thailand. Lower prices are the primary reason behind the highest share of sealed lead acid battery in the Thailand electric two-wheelers market.
Get Free Sample Research Report At: https://www.vynzresearch.com/automotive-transporation/thailand-electric-two-wheeler-market/request-sample
Based on voltage, the market is segmented into 24V, 36V, 48V, 60V, 72V. Of all, 48V electric two-wheeler holds the largest share in the Thailand electric two-wheeler market, followed by 36V two-wheelers. Most of the e scooters run with a battery of 48V which provides it optimum power to perform better in the congested metropolitan cities of the country.
STAR 8 (THAILAND) Co. Ltd., UDA Motor Co. Ltd, Honda Motor Company, Ltd., E-Revolution Co Ltd, and Ningbo MYWAY Intelligent Technology Co. Ltd. are some of the key players operating in the Thailand electric two-wheelers market.
Thailand Electric Two-Wheeler Market Coverage
Product Insight and Forecast 2014-2024
• E-scooters
• E-bikes
• E-motorcycles
• Others
Battery Type Insight and Forecast 2014-2024
• Sealed Lead Acid
• Li-ion
• Ni-MH
Technology Insight and Forecast 2014-2024
• Plugin
• Battery
Voltage Insight and Forecast 2014-2024
• 24V
• 36V
• 48V
• 60V
• 72V
About VynZ Research :
VynZ Research is a global market intelligence company providing research reports, industry intelligence and business advisory services to companies and institutions across the globe. We have a recognized trajectory record and our research database is used by many renowned companies and institutions in the world to strategize and revolutionize business opportunities. The company focuses on providing valuable insights on various technology verticals such as chemical and materials, automotive and transportation, energy and power, consumer goods, healthcare, ICT and other emerging technologies.
Contact
Kundan Kumar
Manager: Client Care
VynZ Research
Toll-Free:+919960288381
Website:https://www.vynzresearch.com
Email: support@vynzresearch.com
Connect With us: Linkedin | Twitter |Google | Facebook
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Thailand Electric Two-Wheeler Market Is Expected To Grow With A CAGR Over 44.0% During The Forecast Period 2018-2024 here
News-ID: 1604833 • Views: …
More Releases from VynZ Research
Global Wafer Cleaning Equipment Market Research Report Analysis and Forecast by …
The purpose of this Global Wafer Cleaning Equipment Market report is to assist executives who use integrated marketing reports that include important data to analyze and understand market and commercial conditions. However, the paper evaluates how quickly markets in the past, present, and future have changed using relevant analytical techniques, tools, and models.
Growth of Global Wafer Cleaning Equipment Market during the projected period from 2025 to 2030
An in-depth analysis of…
Global Energy Efficient Motor Market Projected to Reach USD 65.4 Billion by 2030 …
Miami, Florida, April 21, 2024 - The global energy efficient motor market is set for substantial growth, with forecasts indicating a valuation of USD 65.4 billion by 2030, expanding at a robust CAGR of 7.0% throughout the forecast period from 2025 to 2030. These insights stem from a comprehensive research report recently released by VynZ Research, a leading global market research firm.
The report provides an extensive overview of the global…
Global Heavy Construction Equipment Market Projected to Reach USD 277.5 Billion …
Miami, Florida, April 21, 2024 - The global heavy construction equipment market is poised for significant growth, with projections indicating a value of USD 277.5 billion by the year 2030, growing at a steady CAGR of 5.0% during the forecast period from 2025 to 2030. These insights are derived from a comprehensive research report recently published by VynZ Research, a leading global market research company.
The report offers an in-depth analysis…
Global Digital Education Market Set to Reach USD 79.5 Billion by 2030, Forecasts …
Miami, Florida, April 17, 2024 - VynZ Research, a leading global market research company, has released its latest report forecasting significant growth in the global digital education market. According to the report, the market is projected to reach USD 79.5 billion by 2030, with a Compound Annual Growth Rate (CAGR) of 27.6% during the forecast period from 2025 to 2030.
The comprehensive research report provides a detailed overview of the global…
More Releases for Thailand
Medical Education Market In Thailand, Medical Education Industry In Thailand, Th …
Growth of Medical Education System in Thailand: Siriraj Hospital was first modern medical hospital of Thailand founded in 1888 and thus became the first medical school of country. By 2006, there were twelve medical schools across the country and now there are twenty three medical schools. The medical education system has seen incremental growth over the years. Most of educational institutions are publically funded. The initial phase of medical training…
Thailand Medical Education Market, Thailand Medical Education Industry, Covid-19 …
The report titled “Landscape of Thailand Medical Education Market-Increasing Number of Top Rated Universities coupled with Undertaking Cutting Edge Research Driving the Industry” provides a comprehensive analysis of the Medical Education system in Thailand along with its merits and drawbacks. It includes detailed analysis on Physician Education as well as specialized courses such as Internal Medicine and Ophthalmology in Thailand. The report also covers overview of the medical education industry…
Used Car Market in Thailand, Used Car Industry in Thailand, Covid-19 Impact Thai …
Key Findings
One negative for used cars is the 7% VAT that’s added to the bill if the customer buys from a showroom or used car dealer, or use a loan to finance the purchase.
Consumers are shifting away from traditional methods & increasing using online platforms for their used car buying/selling journey. Many start-ups and auto portals present in Southeast Asia are entering the Thailand market or expanding their presence through…
Thailand Used Car Market, Thailand Used Car Industry, Thailand Used Car Market R …
Increasing Internet Penetration: There were 52 million internet users in Thailand in January 2020 Internet penetration in Thailand was 75% during the same period. As the smart phone and internet penetration in Thailand is increasing, the used car dealers have been able to increase their footfall. They are using digitalization to make market offerings attractive. Digital platform provide online services such as photos and videos and instant finance which are…
Ophthalmology Market in Thailand, Ophthalmology Industry in Thailand, Covid-19 I …
The COVID-19 virus has been understood to cause eye-related complications including the formation of nodules in the macular region, cranial nerve palsy, retinal vein occlusion and AMD (Age-related Macular Degeneration)
Thailand completed the period for completing WHO launched Vision 2020 program. The program had 3 key targets including control of diseases that affect eye health, development of human resources and provision of appropriate technology and infrastructure
The King and Queen of…
Thailand Ophthalmology Market, Thailand Ophthalmology Industry, Thailand Ophthal …
The report titled “Thailand Ophthalmology Market Outlook to 2025 By Type of Consultation (Eye Strain/Aesthenopia, General Check-Up, Decreased/Reduced Vision, Allergic Reaction, Deformities of Eye/Eyelids), By Type of Surgery (Cataract, Refractive Error, Glaucoma, Retina Related Diseases and Others), By Region (Bangkok, Central, South, North-East and North) and By Type of Hospital (Single-Specialty and Multi-Specialty)”provides a comprehensive analysis on the status quo of the ophthalmic healthcare in Thailand. The report covers various…
