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

The 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 hubs 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 the export market.

However, lock down restrictions on account of COVID-19 can significantly hamper the two-wheeler production and sales in 2020; however, the 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 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.

The major player operating in the 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 analyse and forecast the market size of the Thailand Two-Wheeler Market, in terms of value and volume.
• To classify and forecast the Thailand Two-Wheeler Market based on vehicle type, engine capacity and regional distribution.
• To identify drivers and challenges for the Thailand Two-Wheeler Market.
• To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in the Thailand Two-Wheeler Market.
• To conduct the pricing analysis for the Thailand Two-Wheeler Market.
• To identify and analyse the profile of leading players involved in the manufacturing of the Thailand Two-Wheeler Market.

To perform the study, the author conducted primary as well as exhaustive secondary research. Initially, the author prepared an exhaustive list of Two-Wheeler manufacturers and dealers operating in Thailand. Subsequently, researchers 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. The author analysed product offerings, distribution channels and regional presence of all major Two-Wheeler companies across Thailand.

The author calculated the market size for the Thailand Two-Wheeler Market by using a bottom-up technique, wherein the sales volume data of different engine capacities was recorded as well as forecast for the future years. Researchers sourced these values from the 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:

• 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.

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 the market opportunities.

Report Scope:
In this report, the Thailand Two-Wheeler Market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

Thailand Two-Wheeler Market, By Vehicle Type:

• Motorcycle
• Scooter/Moped

Thailand Two-Wheeler Market, By Engine Capacity Type:

• Up to 125cc
• 126-250cc
• 250-500cc
• Above 500cc

Thailand Two-Wheeler Market, by Region:

• Northern Region
• North East Region
• Bangkok
• Rest of Thailand

Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in the Thailand Two-Wheeler Market.

Available Customizations:
With the given market data, the author offers customizations according the client’s specific needs.