Research Report on Southeast Asia Electric Two-Wheeler Industry 2023-2032

Research Report on Southeast Asia Electric Two-Wheeler Industry 2023-2032

The development of the electric two-wheeler market in Southeast Asian countries varies greatly, but overall, most countries need to rely on imports of electric two-wheeler products, especially from China.

Southeast Asia in this report includes 10 countries: Singapore, Thailand, Philippines, Malaysia, Indonesia, Vietnam, Myanmar, Brunei, Laos and Cambodia. With a total population of over 600 million by the end of 2021, Southeast Asia has an overall economic growth rate higher than the global average and is one of the key drivers of future global economic growth.

According to CRI's analysis, the economic levels of the 10 Southeast Asian countries vary greatly, with Singapore being the only developed country with a per capita GDP of about US$73,000 in 2021. While Myanmar and Cambodia will have a GDP per capita of less than US$2,000 in 2021. The population and minimum wage levels also vary greatly from country to country, with Brunei, which has the smallest population, having a total population of less than 500,000 people in 2021, and Indonesia, which has the largest population, having a population of about 275 million people in 2021. The most economically advanced countries in Southeast Asia do not have a legal minimum wage, with the actual minimum wage exceeding US$400 per month (for foreign maids), while the lowest minimum wage level in Myanmar is only about US$93 per month.

In recent years, the electric two-wheeler market in Southeast Asia has been developing, especially in emerging markets such as Vietnam, Thailand and Indonesia, and the economy continues to grow, and the size of the electric two-wheeler market in Southeast Asia is expanding.

According to CRI forecast, the electric two-wheeler industry in Southeast Asia will continue to grow from 2023-2032. On the one hand, cheap labor and land costs have attracted foreign companies to shift their electric two-wheeler production capacity to Southeast Asia. On the other hand, economic growth and increased domestic demand for passenger and freight transportation in Southeast Asia will also promote the development of the electric two-wheeler industry.

Topics covered:

• Southeast Asia Electric Two-wheeler Industry Status and Major Sources in 2018-2022 
• What is the Impact of COVID-19 on Southeast Asia Electric Two-wheeler Industry?
• Which Companies are the Major Players in Southeast Asia Electric Two-wheeler Industry Market and What are their Competitive Benchmarks?
• Key Drivers and Market Opportunities in Southeast Asia Electric Two-wheeler Industry   
• What are the Key Drivers, Challenges, and Opportunities for Southeast Asia Electric Two-wheeler Industry during 2023-2032?
• What is the Expected Revenue of Southeast Asia Electric Two-wheeler Industry during 2023-2032?
• What are the Strategies Adopted by the Key Players in the Market to Increase Their Market Share in the Industry?
• What are the Competitive Advantages of the Major Players in Southeast Asia Electric Two-wheeler Industry Market?
• Which Segment of Southeast Asia Electric Two-wheeler Industry is Expected to Dominate the Market in 2032?
• What are the Major Adverse Factors Facing Southeast Asia Electric Two-wheeler Industry?