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Vietnam Two Wheeler Market, By Propulsion Type (ICE, Electric), By Vehicle Type (Scooter/Moped, Motorcycle), By Region, Competition Forecast & Opportunities, 2017-2027

Market Report (3 days for delivery) I 2022-05-01 I 73 Pages I TechSci Research

Vietnam two wheeler market is anticipated to grow at a formidable rate during the forecast period. The market growth can be attributed to the rapidly expanding automotive sector and increasing investments by foreign market players. Besides, high demand for e-bikes owing to growing environmental concerns regarding vehicular pollution and changing consumer preferences to shift from fuel-powered two-wheelers to electric two-wheeler vehicles are contributing to the growth of the Vietnam two wheeler market. Moreover, significant investments in research and development activities and advancements in battery technologies to boost comfort and convenience of consumers are propelling the growth of the Vietnam two wheeler market. Launch of advanced electric two wheeler vehicles in different colors, with varying battery capacity, and mileage and strong economic growth in the country leading to the greater adoption of two wheelers are contributing to their market growth. In Vietnam, electric bikes do not require a drivers license or registration, which has led to the greater adoption of e-bikes, especially among students and younger generation, which is adding to the growth of Vietnam two wheelers market. two wheeler manufacturers are focusing on improving mileage and connectivity with the incorporation of the cutting-edge technology to improve vehicles comfort and safety for riders, which is expected to boost the growth of the Vietnam two wheeler market. Rising penetration of ride-hailing services owing to greater proliferation of smart devices and internet connectivity are boosting the growth of the Vietnam two wheeler market in the forecast period.
The Vietnam two wheeler market is divided into propulsion, vehicle type, company, and regional distribution. Based on propulsion, the Vietnam two wheeler market is divided into ICE and electric. Based on vehicle type, the Vietnam two wheeler market is divided into scooter/moped and motorcycle. The Vietnam two wheeler market is also studied by dividing Vietnam into regions namely north, south, and central.
Pega, VinFast, Truong Hai Auto Corporation (THACO), Honda, Yamaha, Suzuki, Piaggio, SYM, etc. are the leading players in the Vietnam two wheeler market.
Years considered for this report:
Historical Years: 2017-2020
Base Year: 2021
Estimated Year: 2022
Forecast Period: 20232027
Objective of the Study:
To analyse and forecast the market size of Vietnam two wheeler market, in terms of value and volume.
To classify and forecast Vietnam two wheeler market based on propulsion type, range, component, regional distribution, and company forecast.
To identify drivers and challenges for Vietnam two wheeler market.
To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Vietnam two wheeler market.
To conduct the pricing analysis for two wheeler market.
To identify and analyze the profile of leading players involved in the manufacturing of Vietnam two wheeler market.
TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across Vietnam. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the suppliers which could not be identified due to the limitations of secondary research. TechSci Research analysed the service offerings, distribution channels and presence of all major collaboration manufacturer across Vietnam.
TechSci Research calculated the market size of Vietnam two wheeler market using a bottom-up approach, where data for various end user industries and its application across various product types were recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analysing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company website, news articles, press releases, company annual reports, investor presentations and financial reports were also used by TechSci Research.
Key Target Audience:
Two wheeler manufacturers
Automotive OEMs
Traders, distributors, and suppliers
Raw material suppliers
Industry associations and experts
Research organizations and consulting companies
Research institutes
Industry associations
Market research and consulting firm
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturer and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
Report Scope:
In this report, Vietnam two wheeler market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
Vietnam Two Wheeler Market, By Propulsion:
o ICE
o Electric
Vietnam Two Wheeler Market, By Vehicle Type:
o Scooter/Moped
o Motorcycle
Vietnam Two Wheeler Market, By Region:
o North Vietnam
o South Vietnam
o Central Vietnam
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in Vietnam two wheeler market.
Available Customizations:
With the given market data, TechSci Research offers customizations according to a companys specific needs. The following customization options are available for the report:
Company Information
Detailed analysis and profiling of additional market players (up to five).

1. Product Overview
2. Research Methodology
3. Executive Summary
4. Impact of COVID-19 on Vietnam Two Wheeler Market
5. Voice of Customers
5.1. Factors Influencing Purchase Decision
5.2. Unaided/Aided Brand Recall
5.3. Brand Satisfaction
6. Vietnam Two Wheeler Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value & Volume
6.2. Market Share & Forecast
6.2.1. By Propulsion Type (ICE, Electric)
6.2.2. By Vehicle Type (Scooter/Moped, Motorcycle)
6.2.3. By Region
6.3. Market Map (By Propulsion Type, By Vehicle Type, By Region)
7. Vietnam ICE Two Wheeler Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value & Volume
7.2. Market Share & Forecast
7.2.1. By Vehicle Type (Scooter/Moped, Motorcycle)
7.2.2. By Engine Capacity (Up to 125 cc, 126-250 cc, 251-500 cc, Above 500 cc)
7.2.3. By Company (2021)
7.2.4. By Region
7.3. Market Map (By Vehicle Type, By Engine Capacity, By Region)
8. Vietnam ICE Motorcycle Market Outlook
8.1. Market Size & Forecast
8.1.1. By Value & Volume
8.2. Market Share & Forecast
8.2.1. By Engine Capacity (Up to 125 cc, 126-250 cc, 251-500 cc, Above 500 cc)
8.2.2. By Company (2021)
8.3. Product Benchmarking of Prominent Models
9. Vietnam ICE Scooter/Moped Market Outlook
9.1. Market Size & Forecast
9.1.1. By Value & Volume
9.2. Market Share & Forecast
9.2.1. By Engine Capacity (Up to 125 cc, 126-250 cc, 251-500 cc, Above 500 cc)
9.2.2. By Company (2021)
9.3. Product Benchmarking of Prominent Models
10. Vietnam Electric Two Wheeler Market Outlook
10.1. Market Size & Forecast
10.1.1. By Value & Volume
10.2. Market Share & Forecast
10.2.1. By Vehicle Type (Motorcycle, Scooter/Moped)
10.2.2. By Battery Capacity (>25Ah, <25Ah)
10.2.3. By Battery Type (Lead-Acid, Lithium Ion)
10.2.4. By Company (2021)
10.3. Product Benchmarking of Prominent Models
11. Import-Export Analysis
12. Market Dynamics
12.1. Drivers
12.2. Challenges
13. Market Trends & Developments
14. Vietnam Economic Profile
15. Competitive Landscape
15.1. Pega
15.2. VinFast
15.3. Truong Hai Auto Corporation (THACO)
15.4. Honda
15.5. Yamaha
15.6. Suzuki
15.7. Piaggio
15.8. SYM
15.9. Yadea
15.10. Dibao
16. Strategic Recommendations

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