Le Lézard
Classified in: Transportation
Subject: MRR

Vietnam Two Wheeler Market Report 2022: Rapidly Expanding Automotive Sector and Increasing Investments by Foreign Market Players Driving Growth - Forecast to 2027


DUBLIN, May 23, 2022 /PRNewswire/ -- The "Vietnam Two Wheeler Market, By Propulsion Type (ICE, Electric), By Vehicle Type (Scooter/Moped, Motorcycle), By Region, Competition Forecast & Opportunities, 2017-2028" report has been added to ResearchAndMarkets.com's offering.

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Vietnam two wheeler market is anticipated to grow at a formidable rate with market growth 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 driver's 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 vehicle's 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.

Pega, VinFast, Truong Hai Auto Corporation (THACO), Honda, Yamaha, Suzuki, Piaggio, SYM, etc. are the leading players in the Vietnam two wheeler market.

Objective of the Study:

Key Target Audience:

Competitive Landscape: Detailed analysis of the major companies present in Vietnam two wheeler market.

Report Scope:

Years considered for this report:

Vietnam Two Wheeler Market, By Propulsion:

Vietnam Two Wheeler Market, By Vehicle Type:

Vietnam Two Wheeler Market, By Region:

For more information about this report visit https://www.researchandmarkets.com/r/xliqy4

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SOURCE Research and Markets


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