Thailand Scooter Market Size & Outlook, 2021-2028
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Thailand scooter market highlights
- The Thailand scooter market generated a revenue of USD 1,564.3 million in 2021 and is expected to reach USD 1,695.1 million by 2028.
- The Thailand market is expected to grow at a CAGR of 1.2% 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 1,564.3 million |
| Market revenue in 2028 | USD 1,695.1 million |
| Growth rate | 1.2% (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, Thailand accounted for 4.8% 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 Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Okai | View profile | 251-500 | Jinyun, Zhejiang, China, Asia | https://okai.co/ |
| Razor | View profile | 51-100 | Cerritos, California, United States, North America | http://www.razor.com/ |
| Segway-Ninebot | View profile | 101-250 | Bedford, New Hampshire, United States, North America | http://www.segway.com |
| GoTrax | View profile | 101-250 | Denver, Colorado, United States, North America | http://www.GoTrax.com |
| Bird Global Inc Class A | View profile | 427 | 392 North East 191st Street, No. 20388, Miami, FL, United States, 33179 | https://www.bird.co |
| Ninebot | View profile | 251-500 | Beijing, Beijing, China, Asia | http://ninebot.com |
| Yadea Group Holdings Ltd Shs Unitary 144A/RegS | View profile | 12338 | Xishan Road, Dacheng Industrial Zone, Anzhen Town, Xishan District, Jiangsu Province, Wuxi, China, People's Republic of | https://www.yadea.com.cn |
| Spin Master Corp Shs Subord Voting | View profile | 2400 | 225 King Street West, Suite 200, Toronto, ON, Canada, M5V 3M2 | https://www.spinmaster.com |
| Uber Technologies Inc | View profile | 30700 | 1725 3rd Street, San Francisco, CA, United States, 94158 | https://www.uber.com |
Thailand 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 99.64% in 2021. Horizon Databook has segmented the Thailand scooter market based on normal scooters, electric scooters covering the revenue growth of each sub-segment from 2016 to 2028.
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Horizon Databook provides a detailed overview of country-level data and insights on the Thailand scooter market , including forecasts for subscribers. This country databook contains high-level insights into Thailand scooter market from 2016 to 2028, including revenue numbers, major trends, and company profiles.
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Thailand scooter market size, by scooter type, 2016-2028 (US$M)
Thailand Scooter Market Outlook Share, 2021 & 2028 (US$M)
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