Thailand Automobile Components Market (2024-2030) | Revenue, Forecast, Companies, Growth, Industry, Analysis, Size, Outlook, Trends, Value & Share

Market Forecast By Product Type (Flywheel, Pressure Plate, Clutch, Other), By Applications (Passenger Cars (PC), Light Commercial Vehicles (LCV), Heavy Commercial Vehicles (HCV)) And Competitive Landscape
Product Code: ETC016605 Publication Date: Jul 2023 Updated Date: Jan 2024 Product Type: Report
Publisher: 6Wresearch No. of Pages: 70 No. of Figures: 35 No. of Tables: 5

Thailand Automobile Components Market Synopsis

The automotive components industry in Thailand is a major contributor to the country`s economy. The automobile sector accounts for approximately 11% of its GDP and employs more than 2 million people. It contributes significantly to the country???s exports, which are mainly exported to Japan, Europe, and North America. In 2020, the automobile component market in Thailand was valued at USD 25 billion and projected to grow at a CAGR of 6% during the forecast period (2020-2026).

Market Drivers

The growth of this market can be attributed to several factors including the increasing demand for automobiles due to rising consumer incomes and an increase in government incentives supporting research & development activities by local automakers. Additionally, heavy investments from both public and private sectors have led to robust infrastructure developments that has strengthened investment opportunities in Thailand automotive sector. Moreover, favourable trade agreements such as ASEAN free trade agreements have been beneficial for vehicle production & exports from this region.

Challenges of the Market

However, stringent environmental regulations concerning emissions standards imposed by both local authorities as well as international bodies like European Union are expected hamper demand growth over the forecast period owing high costs associated with compliance.. Furthermore volatility arising out from currency exchange rate fluctuations may also pose certain challenges towards exporters operating within Thailand auto parts industry .

Covid-19 Impact on the Market

The COVID-19 pandemic has had an unprecedented impact on global economies including those in Asia Pacific region such as Thailand.Automotive industry being one of key contributors towards Thailand economy was equally affected leading towards decreased sales, shutdown of plants, supply chain disruptions etc.This scenario further impacted sales revenue generation resulting into sharp decline with respect to activity across entire value chain related auto components market impacting overall financials .

Key Players of the Market

Key players operating within Thailand Auto Components Market include Honda Motor Co., Ltd., Isuzu Motors Limited, Toyota Motor Corporation, Mitsubishi Motors Corporation, Mercedes Benz AG amongst others.

Key Highlights of the Report:

  • Thailand Automobile Components Market Outlook
  • Market Size of Thailand Automobile Components Market, 2023
  • Forecast of Thailand Automobile Components Market, 2030
  • Historical Data and Forecast of Thailand Automobile Components Revenues & Volume for the Period 2020-2030
  • Thailand Automobile Components Market Trend Evolution
  • Thailand Automobile Components Market Drivers and Challenges
  • Thailand Automobile Components Price Trends
  • Thailand Automobile Components Porter's Five Forces
  • Thailand Automobile Components Industry Life Cycle
  • Historical Data and Forecast of Thailand Automobile Components Market Revenues & Volume By Product Type for the Period 2020-2030
  • Historical Data and Forecast of Thailand Automobile Components Market Revenues & Volume By Flywheel for the Period 2020-2030
  • Historical Data and Forecast of Thailand Automobile Components Market Revenues & Volume By Pressure Plate for the Period 2020-2030
  • Historical Data and Forecast of Thailand Automobile Components Market Revenues & Volume By Clutch for the Period 2020-2030
  • Historical Data and Forecast of Thailand Automobile Components Market Revenues & Volume By Other for the Period 2020-2030
  • Historical Data and Forecast of Thailand Automobile Components Market Revenues & Volume By Applications for the Period 2020-2030
  • Historical Data and Forecast of Thailand Automobile Components Market Revenues & Volume By Passenger Cars (PC) for the Period 2020-2030
  • Historical Data and Forecast of Thailand Automobile Components Market Revenues & Volume By Light Commercial Vehicles (LCV) for the Period 2020-2030
  • Historical Data and Forecast of Thailand Automobile Components Market Revenues & Volume By Heavy Commercial Vehicles (HCV) for the Period 2020-2030
  • Thailand Automobile Components Import Export Trade Statistics
  • Market Opportunity Assessment By Product Type
  • Market Opportunity Assessment By Applications
  • Thailand Automobile Components Top Companies Market Share
  • Thailand Automobile Components Competitive Benchmarking By Technical and Operational Parameters
  • Thailand Automobile Components Company Profiles
  • Thailand Automobile Components Key Strategic Recommendations
Frequently Asked Questions About the Market Study (FAQs):
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1 Executive Summary

2 Introduction

2.1 Key Highlights of the Report

2.2 Report Description

2.3 Market Scope & Segmentation

2.4 Research Methodology

2.5 Assumptions

3 Thailand Automobile Components Market Overview

3.1 Thailand Country Macro Economic Indicators

3.2 Thailand Automobile Components Market Revenues & Volume, 2020 & 2030F

3.3 Thailand Automobile Components Market - Industry Life Cycle

3.4 Thailand Automobile Components Market - Porter's Five Forces

3.5 Thailand Automobile Components Market Revenues & Volume Share, By Product Type, 2020 & 2030F

3.6 Thailand Automobile Components Market Revenues & Volume Share, By Applications, 2020 & 2030F

4 Thailand Automobile Components Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.3 Market Restraints

5 Thailand Automobile Components Market Trends

6 Thailand Automobile Components Market, By Types

6.1 Thailand Automobile Components Market, By Product Type

6.1.1 Overview and Analysis

6.1.2 Thailand Automobile Components Market Revenues & Volume, By Product Type, 2020-2030F

6.1.3 Thailand Automobile Components Market Revenues & Volume, By Flywheel, 2020-2030F

6.1.4 Thailand Automobile Components Market Revenues & Volume, By Pressure Plate, 2020-2030F

6.1.5 Thailand Automobile Components Market Revenues & Volume, By Clutch, 2020-2030F

6.1.6 Thailand Automobile Components Market Revenues & Volume, By Other, 2020-2030F

6.2 Thailand Automobile Components Market, By Applications

6.2.1 Overview and Analysis

6.2.2 Thailand Automobile Components Market Revenues & Volume, By Passenger Cars (PC), 2020-2030F

6.2.3 Thailand Automobile Components Market Revenues & Volume, By Light Commercial Vehicles (LCV), 2020-2030F

6.2.4 Thailand Automobile Components Market Revenues & Volume, By Heavy Commercial Vehicles (HCV), 2020-2030F

7 Thailand Automobile Components Market Import-Export Trade Statistics

7.1 Thailand Automobile Components Market Export to Major Countries

7.2 Thailand Automobile Components Market Imports from Major Countries

8 Thailand Automobile Components Market Key Performance Indicators

9 Thailand Automobile Components Market - Opportunity Assessment

9.1 Thailand Automobile Components Market Opportunity Assessment, By Product Type, 2020 & 2030F

9.2 Thailand Automobile Components Market Opportunity Assessment, By Applications, 2020 & 2030F

10 Thailand Automobile Components Market - Competitive Landscape

10.1 Thailand Automobile Components Market Revenue Share, By Companies, 2023

10.2 Thailand Automobile Components Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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