Philippines Scooter Market Size & Outlook, 2021-2028
The scooter market in Philippines is expected to reach a projected revenue of US$ 1,234.1 million by 2028. A compound annual growth rate of 5.8% is expected of Philippines scooter market from 2022 to 2028.
Revenue, 2021 (US$M)
$833.1
Forecast, 2028 (US$M)
$1,234.1
CAGR, 2022 - 2028
5.8%
Report Coverage
Philippines
Philippines scooter market, 2016-2028 (US$M)
Related Markets
Philippines scooter market highlights
- The Philippines scooter market generated a revenue of USD 833.1 million in 2021 and is expected to reach USD 1,234.1 million by 2028.
- The Philippines market is expected to grow at a CAGR of 5.8% from 2022 to 2028.
- In terms of segment, normal scooters was the largest revenue generating scooter type in 2021.
- Electric Scooters is the most lucrative scooter type segment registering the fastest growth during the forecast period.
Scooter market data book summary
| Market revenue in 2021 | USD 833.1 million |
| Market revenue in 2028 | USD 1,234.1 million |
| Growth rate | 5.8% (CAGR from 2021 to 2028) |
| Largest segment | Normal scooters |
| Fastest growing segment | Electric Scooters |
| Historical data | 2016 - 2020 |
| Base year | 2021 |
| Forecast period | 2022 - 2028 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Normal Scooters, Electric Scooters |
| Key market players worldwide | Yadea Group Holdings Ltd Shs Unitary 144A/RegS, Ninebot, Spin Master Corp Shs Subord Voting, Uber Technologies Inc, Bird Global Inc Class A, GoTrax, Segway-Ninebot, Razor, Okai |
Other key industry trends
- In terms of revenue, Philippines accounted for 2.6% of the global scooter market in 2021.
- Country-wise, China is expected to lead the global market in terms of revenue in 2028.
- In Asia Pacific, China scooter market is projected to lead the regional market in terms of revenue in 2028.
- Philippines is the fastest growing regional market in Asia Pacific and is projected to reach USD 1,234.1 million by 2028.
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Scooter Market Scope
Scooter market segmentation & scope
Normal Scooters
Conventional Electric Scooters
Swappable Electric Scooters
Scooter Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Philippines scooter market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to scooter market will help companies and investors design strategic landscapes.
Normal scooters was the largest segment with a revenue share of 99.8% in 2021. Horizon Databook has segmented the Philippines scooter market based on normal scooters, electric scooters covering the revenue growth of each sub-segment from 2016 to 2028.
- Philippines Scooter Scooter Type Outlook (Revenue, USD Million, 2016-2028)
- Normal Scooters
- Electric Scooters
- Conventional Electric Scooters
- Swappable Electric Scooters
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Target buyers of Philippines scooter market databook
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Our clientele includes a mix of scooter market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Philippines scooter market , including forecasts for subscribers. This country databook contains high-level insights into Philippines scooter market from 2016 to 2028, including revenue numbers, major trends, and company profiles.
Partial client list
Philippines scooter market size, by scooter type, 2016-2028 (US$M)
Philippines Scooter Market Outlook Share, 2021 & 2028 (US$M)
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