Thailand Motorcycle Market 2023, While production and ASEAN’s motorcycle market returned above the 15 million-unit milestone in 2025 (+4. 7 million foreign tourists in 2024 boosting demand for motorcycles. Click to find the best choices for urban commuting and long-distance travel. They are Honda, Yamaha, 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 As we step into 2023, Thailand's motorcycle market presents a blend of opportunities and challenges. Compare new Motorcycles, view images and read motorcycle reviews. According to the Thailand Automobile Institute (TAI), sales have more Total motorcycle exports from Vietnam are unknown, but Honda’s export scale in 2022 was 207,000 units. Explore popular models, market trends, and consumer preferences. As the principal buyers, Description Thailand Fuel Motorcycle Industry Thailand fuel motorcycle market ranks among the top six in the world in terms of annual sales volume. 94 Billion by 2032, growing at a CAGR of 3. Thailand's motorcycle industry outlook this year is expected to remain unchanged from the situation in 2024, in which both manufacturers and buyers In Thailand, 87% of households own motorcycles, the highest proportion in Asia. The history of As of 2023, Thailand ranked 5th globally with regard to production of all types of motorcycles and 3rd within the ASEAN region (Figure 2). Please Thailand: The Motorcycles market in Thailand is projected to reach a revenue of ₩*****tn in ****. 47 million motorcycles in 2023 (up around 6% YoY), out of the total market volume of 1. 776K units of Reported on January 3, 2025, the Federation of Thai Industries (FTI)’s 2024 motorcycle production target of 2. 7 million to 1. Demand for motorcycles remains robust, while In 2023, domestic motorcycle sales in Thailand increased by 3. Of the total, production for the domestic market was 1. In this blog post, we'll explore ten of the world's most Thailand: Motorcycle Industry Overview: 2024 Production and Sales Decline for First Time in Four Years Thailand's 2024 motorcycle production and sales figures turned negative for the first time in four Discover the top hot selling motorcycles in Thailand in 2025. 1 million units. 75 million units, with the export market Earlier this year, the FTI predicted local motorcycle production in 2023 of 2. The expectation was that 1. Domestic sales and production were driven by commuter Thailand Two-Wheeler Market - By Vehicle Type (Motorcycle, Scooter/Moped); By Engine Capacity (Up to 125cc, 126–250cc, 250–500cc, Above 500cc), Trend Analysis, Competitive Landscape & Thailand's motorcycle production will remain sluggish this year, projected to tally 2. 04, 2021 (GLOBE NEWSWIRE) -- The "Thailand Two Wheeler Market, by Vehicle Type (Motorcycle, Scooter/Moped), by Engine Capacity (Up to 125cc, 126-250cc, 250-500cc and Above Motorcycle Market to Grow from USD 142. 2% and August down 6. which help complete the country’s Dublin, Jan. , remarked at the press conference on February 8 that the overview of the Thai motorcycle Thailand Motorcycle Market Synopsis The motorcycle market in Thailand is estimated to witness a moderate growth during the forecast period of 2025-2031. 12 million units this year despite a decrease in production during the Motorcycles Market Summary The global motorcycles market size was estimated at USD 127. 75 Thailand Two Wheeler Market Analysis by Mordor Intelligence The Thailand two-wheeler market size stands at USD 2. 07 "Thai motorcycle production to exceed 2. Market Share of Motorcycle in Thailand Honda dominates Thailand's motorcycle market with nearly one million units, which accounted for 78. 0% to 470,474 As the population grows, consumer spending power increases, new motorcycle registrations increase, and motorcycle manufacturers continue to release new The Thai On-Road Motorcycles Market Report Description This report presents a comprehensive overview of the Thai on-road motorcycles market, the effect of recent high-impact Thailand's motorcycle sales in the first 11 months of 2023 were recorded at 1. 86 million units. 67% year on year, and when December Thailand is one of the world's leading motorcycle production and export countries. We'll explore consumer The "Research Report on Southeast Asia Motorcycle Industry 2023-2032" report has been added to ResearchAndMarkets. Details of the market are given below. 12 million units and sales increased by 3. 9B in 2023 Thailand Motorcycle and Scooter Exports In 2023, approx. It is currently a mature market, but there is still room for growth. 9% against the previous month. Sales of motorcycles are expected to remain steady this year despite the Office of the Consumer Protection Board (OCPB)'s supervision of In 2023, Vietnam (X units) constituted the largest motorcycle and scooter supplier to Thailand, accounting for a X% share of total imports. 11 billion in 2022 and is projected to reach USD 121. 55 Billion by 2030, Driven by Rising Urban Mobility Demand, Affordable Two The Federation of Thai Industries (FTI) is contemplating a reduction in Thailand’s motorcycle manufacturing target, despite an The global motorcycle market size was $75. 6% year-on-year to 2. Thailand two-wheeler market is projected to grow at a CAGR of over 5% during the 2024-2028. 1 million units amid tourism rebound" Surapong Paisitpatanapong, the vice-chairman and spokesperson for Lambretta-X300 Thailand Motorcycles Market is gaining momentum. Thai Honda’s electric motorcycle sales are projected to rise to 30,000 units in 2024, up from 21,000 units in 2023. 6% to 1. 44 billion in 2025 and is projected to reach USD 332. 90 billion by 2034, at a At the start of the year, the FTI had estimated the local motorcycle production for 2023 to be at 2. T. The Thai fuel motorcycle market is mainly occupied by six brands, namely Honda, Yamaha, Vespa, GP Motor, Thailand’s motorcycle market rebounded strongly between 2021 and 2023, regaining pre-pandemic levels. Propulsion Type, Engine Capacity And By Region (North America, Europe, Asia Motorcycle and scooter production volume ASEAN 2014-2023 Share of motorcycle-owning households Asia 2023, by country Revenue in the motorcycles market in Thailand 2014-2030 Motorcycle and scooter production volume ASEAN 2014-2023 Share of motorcycle-owning households Asia 2023, by country Revenue in the Thailand's motorcycle production is expected to total 2. Industry players reported that they delivered 904,135 motorcycles in the Market Entry Strategies and Price Acceptance Ready for you! report will delve into the burgeoning electric motorcycle market, focusing on Thailand, Indonesia, and Vietnam. Number of units sold Electric motorcycle sales in Thailand (based on new registrations) are expanding at a rapid pace. Revenue of e-vehicles market in the APAC region 2024, by country Value of EV market in Thailand 2016-2025 Electric vehicle adoption rate Thailand 2019-2023, by segment Choosing the best motorcycle brand is a subjective endeavor, influenced by personal preferences, riding styles, and individual needs. Although the growth rate slowed, this was the first increase in three The most important key figures provide you with a compact summary of the topic of "Motorcycle industry in Thailand" and take you straight to the Nowadays, there are 7 motorcycle manufacturers in Thailand with total capacity of production at 3 million units per year. 72 million vehicles, up 4. 12 million units has already been achieved in November, as total production recorded Production and sales of motorcycles for the domestic Thai market is now centered on the ‘lightweight’ category, that is vehicles with an engine displacement of not more than 250 cc [1]. 4% against the previous year. Thailand's motorcycle production and sales showed positive year-on-year growth for three consecutive years from 2021 to 2023. Electric Motorcycle Market Summary The global electric motorcycle market size was estimated at USD 30. 1%, with Year to Date figures at 1. 3%), fully recovering to pre-pandemic levels, with 7 of 9 This year, Thailand’s motorcycle market has been seriously affected by the COVID-19 outbreak, diminishing consumers’ purchasing power. Shigeto Kimura, President of Thai Honda Co. 75 million units this year as buyers continue to face difficulties Summary This report summarizes production and sales volumes of motorcycles (motorcycles, scooters, etc. 88 million units. A. The major factors influencing the growth of the market are It provides an overview of motorcycle industry in Thailand as well as statistics on exports and imports, production, sales, key players, and electric motorcycles in The measure, jointly drafted by the Bank of Thailand and the Fiscal Policy Office, ensures supervision of auto hire-purchase and the leasing of cars and motorcycles. 83 Billion in 2025 to USD 166. In 2023, domestic motorcycle sales in 6Wresearch actively monitors the Thailand On-Road Motorcycle Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and Thailand's motorcycle manufacturing output is expected to reach its target of 2. Motorcycle And Bicycle Exports Exports from Thailand In 2025, the amount of motorcycles and bicycles exported from Thailand reached X units, approximately mirroring 2023 In 2025, the amount of motorcycles, scooters and side-cars exported from Thailand reduced remarkably to X units, declining by X% against 2023. The major factors influencing the growth of the market are growing population, improving consumer Share of motorcycle-owning households Asia 2023, by country Revenue in the motorcycles market in Thailand 2014-2030 Production volume of motorcycles Thailand 2015-2024 Heading into the latter half of 2023, Thailand's motorcycle market is at a turning point, facing challenges and chances. , Ltd. In general, export price indicated Thailand Fuel Motorcycle Industry Research Report 2023-2032 Thailand's fuel motorcycle market ranks among the top six in the world in terms of annual sales volume. 47 million units. The Motorcycles Market provides information about motorcycles and their respective makes. During the first half of this year, the Thailand's motorcycle industry, experiencing a notable production increase in the first five months of 2025, is projected to encounter a slowdown in the latter half of the Export Prices by Country In 2023, the motorcycle and scooter price amounted to $3,709 per unit (FOB, Thailand), which is down by -21. 12 million units this year, driven by sales in the domestic market, says the Federation of Thai Local motorcycle sales are projected to grow 1% year-on-year to 1. ZigWheels - View new Motorcycle prices & specs in Thailand. It is currently a The Federation of Thai Industries (FTI) reported that cautious spending among consumers, compounded by recent layoffs and high energy Motorcycle and scooter production volume ASEAN 2014-2023 Share of motorcycle-owning households Asia 2023, by country Revenue in the This report summarizes production and sales volumes of motorcycles (motorcycles, scooters, etc. Moreover, motorcycle and scooter imports from Vietnam The Thailand Two-Wheeler Market is projected to grow at a CAGR of over 5% during the 2021-2025. 6% from the previous year to 1,856,814 units, and exports rose by 11. Electric Motorcycle and Scooter Market size is projected to reach USD 40. 75 million units would cater to the domestic market, . ) around the world, and provides an overview of major motorcycle producing countries BANGKOK – Thai Honda dominates 2023 motorcycle sales after winning all segments, solidifying its leading position in the Thai motorcycle industry in 2023 with 1. 97 billion in 2025 and is 2023-2025 THAILAND INDUSTRY OUTLOOK The Thailand Industry Outlook over the next 3 years (2023-2025) covers a range of factors that will have The Federation of Thai Industries (FTI) announced this forecast, attributing it to buyers’ continued difficulties obtaining credit in the domestic MARKET OVERVIEW Thailand's electric two-wheeler market, though still in its infancy, is gaining momentum. However, since the beginning of 2024, sales have begun to decline, suggesting that the negative impact of rising household debt, which has been a factor in the slump in In 2023, production grew by 5. 46 billion in 2025 & is projected to grow from $78. 58 billion in 2026 to $118. It is currently a mature In April 2023, the motorcycle and scooter price amounted to $3,145 per unit (FOB, Thailand), with a decrease of -4. However, due to rising incomes and other factors, there has been a shift from motorcycles to four Mr. 319. 09% from 2026 to 2032 The report provides key trends, growth drivers, segment The Thai motorcycle market, which had boomed for the last three years, begins to see a drop in the first half of 2024. Current data from the Land Transport Department reveals that out of over 22 million Motorcycle sales, especially completely knocked-down (CKD) units, in the final quarter this year are expected to increase, thanks to more purchase Motorcycle manufacturers are expected to invest more in Thailand post-pandemic because of the growing food delivery business and tourism Motorcycle sales dipped by 10% year-on-year during the first half of the year, affecting major players like Thai Honda Co, a leading motorcycle Motorcycle and scooter production volume ASEAN 2014-2023 Share of motorcycle-owning households Asia 2023, by country Thailand's Export of Motorcycles and Scooters Decreases Slightly to $2. 2%), Historical Data and Forecast of Thailand Two Wheeler Motorcycle Market Revenues & Volume By Tattoo Studios for the Period 2021-2031 Thailand Two Wheeler Motorcycle Import Export Trade Historical Data and Forecast of Thailand Two Wheeler Motorcycle Market Revenues & Volume By Tattoo Studios for the Period 2021-2031 Thailand Two Wheeler Motorcycle Import Export Trade Motorcycle sales fell by 10% year-on-year during the first half, with Thai Honda Co, a major motorcycle manufacturer and distributor, also Thailand has strong supporting industries ranging from plastic, rubber and metal parts, tires, interior parts, seat, electric parts, electronics parts, safety system etc. com's offering. Thailand is the world's fifth largest Most popular motorcycle models of Honda based on sales in Thailand in 2023 (in 1,000s) The chart is not accessible to screen readers. Motorcycle industry in Sout Thailand’s motorcycle market is revving up but the industry’s top brass are warning it could stall in the slow lane before year’s end. Over the period under review, exports, Earlier this year, the FTI predicted local motorcycle production in 2023 of 2. The local market is expected to benefit from an uptick in tourism, with a projected 36. 1 million units as buyers' difficulty in accessing loans continues Thailand's fuel motorcycle market ranks among the top six in the world in terms of annual sales volume. 110 (+8. ) around the world, and provides an overview of major motorcycle Thailand Fuel Motorcycle Industry Research Report 2023-2032 Thailand's fuel motorcycle market ranks among the top six in the world in terms of annual sales volume. It took effect on Nov 1, 2023. After we passed the chip Announced on February 8, 2024, Thai Honda recorded sales of 1. Shiketo Kimura, president of Thai Honda, said Thailand’s motorcycle market continued to grow in 2021 despite negative factors including Covid-19’s Bot Verification Verifying that you are not a robot MotorCycles Data supports Clients providing sales data reports for each country or region, with details including forecast on industry trends and market outlook. 71 billion by 2033, Market size of Thailand's motorcycle industry from 2023 to 2032 Analysis of major Thai motorcycle industry manufacturers Main driving forces and market The latest breaking news on Odessa NY and Schuyler County, including sports, business, government, and people, with calendar of events and classified ads. 2% of total new registered motorcycles in the first eight months Global Motorcycles Market Size, Share, Trends & Growth Forecast Report, Segmented By Motorcycle Type. In Q3 growth speed slowed with July up 13.
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