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2025年越南+印尼电摩空间有望达157.5万辆
2025年越南+印尼电摩空间有望达157.5万辆
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所属报告:
爱玛科技-公司研究报告-电动两轮车领先者成长路径清晰可期-250220(47页).pdf
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2025 年印尼+越南电摩空间有望达 157.5 万辆,同比+67.5%。基于越南及印尼油改电的趋势,我们对两个市场的电摩空间进行了预测,测算如下:1)越南与印尼摩托车人均拥有量较高,故将摩托车销量与人口数进行相除,发现越南的比例稳定在 3%,故假设 25/26/27年该比例为 3%/3%/3%。印尼受国内经济等影响,24 年摩托车购买力下降,若 25 年开始政策明朗,经济有所调整,则假设 25/26/27 年该比例分别为 2.4%/2.5%/3.0%;2)考虑越南、印尼电摩的现有发展以及政策支持,假设越南、印尼 25/26/27 年电摩渗透率分别为12%/15%/20%、18%/25%/30%;3)假设越南、印尼人口数同比增速均为前三年速度均值。测算结果可得,25 年越南及印尼电摩销量空间有望达 157.5 万辆,同比+67.5%,2027 年则有望突破 300 万辆水平。
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爱玛科技-公司研究报告-电动两轮车领先者成长路径清晰可期-250220(47页).pdf
财务预测与估值
2025年越南+印尼电摩空间有望达157.5万辆
不符合生产资质的企业销量约464万辆
2023年国内主流电动两轮车企业相关情况梳理
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