Thailand motorcycle market – complete overview and battery swapping solutions
The motorcycle market in Thailand is undergoing rapid transformation. As a major means of transportation in Southeast Asia, motorcycles are very popular in Thailand, with almost every family owning one or more. With increasing environmental awareness and advancements in technology, electric motorcycles and their battery-swapping solutions are becoming the new focus of the market.
This article will give an overview of the motorcycle market in Thailand and the popularity of battery swapping solutions for electric motorcycle. You can also check the following articles to know more information:
Motorcycles are the main mode of transportation in Thailand, and according to the survey, Thailand’s motorcycle industry is mostly concentrated in the central and eastern regions, which provide easy access to important commercial ports.
Secondly, Thailand plays an important role in the global motorcycle manufacturing sector, with a production capacity of 2 million units, ranking fifth in the world. This ranking is second only to China (23 million units), India (20 million units), Indonesia (8 million units), and Vietnam (3 million units), reflecting Thailand’s important position in the global motorcycle manufacturing industry.
Thailand is also the fourth largest exporter of motorcycles, with exports of $2.97 million, after China, Germany and Japan. Although Thailand’s motorcycle production is mainly aimed at meeting the needs of the domestic market, accounting for about 90%, its exports also occupy a significant position in the global market, with EU countries being the most important export destinations for Thai motorcycles.
Why are motorcycles so popular in Thailand?
Like other countries in the ASEAN region, Thailand’s vehicle market is dominated by motorcycles. Motorcycles are popular as a practical mode of transportation because they are affordable, flexible and suitable for driving in Thailand’s congested urban centers and narrow roads.
Government policies to support Thailand’s motorcycle manufacturing industry have further promoted the production of affordable motorcycles. Another reason for the popularity of motorcycles in Thailand is the country’s warm climate, which makes motorcycles suitable for use all year round, making them the first choice for commuting and leisure activities.
In addition, motorcycle taxis are a common means of public transport in Thailand’s major cities. Their ubiquitous presence is also one of the reasons for the large number of motorcycle riders in Thailand.
The classification of Thailand motorcycle market
The motorcycle market in Thailand can be divided into two main local segments: family, commuter and leisure, luxury. Motorcycles for home and commuter needs typically have smaller engine displacements that are ideal for short daily commutes.
In contrast, consumers looking for leisure and luxury experiences are more likely to choose large motorcycles that can be adapted to long-distance travel. The commuter segment remains the largest category, accounting for 76% of production.
Battery swapping for Thailand electric motorcycle
Electric motorcycle batteries in Thailand are currently a mix of locally made and imported batteries. Some of the major electric motorcycle manufacturers in Thailand, such as GPX and Yamaha Motor Thailand, produce their own batteries, while other brands, such as DECO, H SEM and NIU, have been importing batteries from China.
However, some brands have recently expressed interest in expanding their operations and eventually moving battery production to Thailand. As the government strives to create a supportive environment through tax breaks and other incentives, more companies are investing in local battery production and conversion stations.
SLEEK, a Thai-Singaporean electric motorcycle manufacturer, launched its model in Thailand in late 2022 and plans to develop a local battery production and swapping station soon. In September 2023, PTT’s Arun Plus partnered with Taiwanese motorcycle manufacturer Guangyang Motor Co., LTD. (KYMCO). Together, they have launched locally produced Aionex and plan to develop 300 Aionex battery swapping stations in and around PTT stations by 2025.
The best battery swapping manufacturer - Tycorun
TYCORUN is a professional overseas battery swapping technology and service provider, positioned in the global research and development, design and production of two-wheeler battery swapping system.
TYCORUN SWAP is a pioneer in two- and three-round battery swapping solutions, with 16 years of power battery production and 6 years of practical experience in the battery swapping industry. Tycorun Swap has a group of senior lithium battery technology experts, and has established an independent research and development team.
In addition, Tycorun provides customized battery swapping solutions to provide customers with efficient, intelligent, safe, high-quality and environmentally friendly battery swapping products. We serve customers in more than 30 countries and regions around the world. As for Tycorun battery swapping solutions, you can explore the articles in our website to know more information, such as:
Comprehensive solution Provides a comprehensive set of battery swapping solutions, including lithium batteries, battery swapping cabinets, motorcycles, software, technical services and consulting. This solves the problem of coordinating agreements between different vendors.
Customized service Not only can TYCORUN battery swapping stations provide standardized products, but we can also provide customized battery swapping station products that can meet specific requirements according to the functions, parameters and software services required by the customer.
Independent development of software platform With its self-developed applications and management platform, TYCORUN ensures that the system runs smoothly, is rigorously tested for usability, and can be customized according to market needs.
Profit models derived from successful cases TYCORUN battery swapping solutions are based on proven monetization models. With the successful deployment of more than 3,000 custom modules, this model has proven to be a profitable battery swapping business model in the industry.
Conclusion
Through the panoramic survey of the motorcycle industry market in Thailand and the analysis of power replacement solutions, this paper finds that the market is developing rapidly. The popularity of electric motorcycles and the application of power replacement technology have brought great potential and business opportunities to the industry.
Battery swapping solutions improve ease of use, solve battery life and charging time problems, and promote technological progress and market expansion.
In the future, Thailand’s motorcycle industry will develop towards intelligence and environmental protection. Through joint efforts, Thailand is expected to become a leading market for electric motorcycles and power-changing technologies in Asia, contributing to the global green transportation cause.
Tess
Hi! I am a senior writer in the two-three-wheeler battery swapping industry, with many years of writing experience, committed to providing the ultimate knowledge, services and a complete set of battery swapping solutions for various industries.
Thailand motorcycle market – complete overview and battery swapping solutions
The motorcycle market in Thailand is undergoing rapid transformation. As a major means of transportation in Southeast Asia, motorcycles are very popular in Thailand, with almost every family owning one or more. With increasing environmental awareness and advancements in technology, electric motorcycles and their battery-swapping solutions are becoming the new focus of the market.
This article will give an overview of the motorcycle market in Thailand and the popularity of battery swapping solutions for electric motorcycle. You can also check the following articles to know more information:
Top 10 two-wheeler battery swapping one stop solution companies in China
Top 10 battery swapping manufacturers in Southeast Asia
Top 15 battery swapping companies in India
Market overview
Motorcycles are the main mode of transportation in Thailand, and according to the survey, Thailand’s motorcycle industry is mostly concentrated in the central and eastern regions, which provide easy access to important commercial ports.
Secondly, Thailand plays an important role in the global motorcycle manufacturing sector, with a production capacity of 2 million units, ranking fifth in the world. This ranking is second only to China (23 million units), India (20 million units), Indonesia (8 million units), and Vietnam (3 million units), reflecting Thailand’s important position in the global motorcycle manufacturing industry.
Thailand is also the fourth largest exporter of motorcycles, with exports of $2.97 million, after China, Germany and Japan. Although Thailand’s motorcycle production is mainly aimed at meeting the needs of the domestic market, accounting for about 90%, its exports also occupy a significant position in the global market, with EU countries being the most important export destinations for Thai motorcycles.
Why are motorcycles so popular in Thailand?
Like other countries in the ASEAN region, Thailand’s vehicle market is dominated by motorcycles. Motorcycles are popular as a practical mode of transportation because they are affordable, flexible and suitable for driving in Thailand’s congested urban centers and narrow roads.
Government policies to support Thailand’s motorcycle manufacturing industry have further promoted the production of affordable motorcycles. Another reason for the popularity of motorcycles in Thailand is the country’s warm climate, which makes motorcycles suitable for use all year round, making them the first choice for commuting and leisure activities.
In addition, motorcycle taxis are a common means of public transport in Thailand’s major cities. Their ubiquitous presence is also one of the reasons for the large number of motorcycle riders in Thailand.
The classification of Thailand motorcycle market
Battery swapping for Thailand electric motorcycle
Electric motorcycle batteries in Thailand are currently a mix of locally made and imported batteries. Some of the major electric motorcycle manufacturers in Thailand, such as GPX and Yamaha Motor Thailand, produce their own batteries, while other brands, such as DECO, H SEM and NIU, have been importing batteries from China.
However, some brands have recently expressed interest in expanding their operations and eventually moving battery production to Thailand. As the government strives to create a supportive environment through tax breaks and other incentives, more companies are investing in local battery production and conversion stations.
SLEEK, a Thai-Singaporean electric motorcycle manufacturer, launched its model in Thailand in late 2022 and plans to develop a local battery production and swapping station soon. In September 2023, PTT’s Arun Plus partnered with Taiwanese motorcycle manufacturer Guangyang Motor Co., LTD. (KYMCO). Together, they have launched locally produced Aionex and plan to develop 300 Aionex battery swapping stations in and around PTT stations by 2025.
The best battery swapping manufacturer - Tycorun
TYCORUN is a professional overseas battery swapping technology and service provider, positioned in the global research and development, design and production of two-wheeler battery swapping system.
TYCORUN SWAP is a pioneer in two- and three-round battery swapping solutions, with 16 years of power battery production and 6 years of practical experience in the battery swapping industry. Tycorun Swap has a group of senior lithium battery technology experts, and has established an independent research and development team.
In addition, Tycorun provides customized battery swapping solutions to provide customers with efficient, intelligent, safe, high-quality and environmentally friendly battery swapping products. We serve customers in more than 30 countries and regions around the world. As for Tycorun battery swapping solutions, you can explore the articles in our website to know more information, such as:
Battery swap installation
Battery swapping business model
Gogoro battery swapping vs TYCORUN
Why Choose Tycorun motorcycle battery swapping solutions？
Comprehensive solution
Provides a comprehensive set of battery swapping solutions, including lithium batteries, battery swapping cabinets, motorcycles, software, technical services and consulting. This solves the problem of coordinating agreements between different vendors.
Customized service
Not only can TYCORUN battery swapping stations provide standardized products, but we can also provide customized battery swapping station products that can meet specific requirements according to the functions, parameters and software services required by the customer.
Independent development of software platform
With its self-developed applications and management platform, TYCORUN ensures that the system runs smoothly, is rigorously tested for usability, and can be customized according to market needs.
Profit models derived from successful cases
TYCORUN battery swapping solutions are based on proven monetization models. With the successful deployment of more than 3,000 custom modules, this model has proven to be a profitable battery swapping business model in the industry.
Conclusion
Through the panoramic survey of the motorcycle industry market in Thailand and the analysis of power replacement solutions, this paper finds that the market is developing rapidly. The popularity of electric motorcycles and the application of power replacement technology have brought great potential and business opportunities to the industry.
Battery swapping solutions improve ease of use, solve battery life and charging time problems, and promote technological progress and market expansion.
In the future, Thailand’s motorcycle industry will develop towards intelligence and environmental protection. Through joint efforts, Thailand is expected to become a leading market for electric motorcycles and power-changing technologies in Asia, contributing to the global green transportation cause.