Product Code: ETC072824 | Publication Date: Jul 2023 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Thailand Automotive Camshaft Market is poised for steady growth rate improvements from 2025 to 2029. The growth rate starts at 2.68% in 2025 and reaches 9.34% by 2029.
Thailand's Automotive Camshaft market is anticipated to experience a stable growth rate of 3.71% by 2027, reflecting trends observed in the largest economy China, followed by India, Japan, Australia and South Korea.
The automotive camshaft market in Thailand has been experiencing substantial growth, driven by the country`s thriving automotive industry and the increasing demand for efficient and high-performance engines. Camshafts are critical components in internal combustion engines, responsible for controlling the opening and closing of intake and exhaust valves. In Thailand, automotive camshafts are in demand for passenger cars, commercial vehicles, and motorcycles. The market`s expansion is fueled by the growth in vehicle production, the trend towards downsized and turbocharged engines, and the focus on improving fuel efficiency and emissions.
Several factors act as drivers for the growth of the automotive camshaft market in Thailand. Firstly, the steady growth of the automotive manufacturing sector in Thailand drives the demand for camshafts as essential engine components. The country`s strategic location and favorable business environment have attracted major automotive manufacturers, leading to increased production volumes. Secondly, the shift towards smaller and more fuel-efficient engines in response to stringent emission regulations creates a demand for advanced camshaft technologies that optimize engine performance. Additionally, the growth in motorcycle production and sales in Thailand contributes to the demand for camshafts in two-wheeler engines.
Despite the promising growth prospects, the Thailand automotive camshaft market faces certain challenges. One significant challenge is the intense competition from global and regional camshaft manufacturers. The presence of multiple players offering camshafts at competitive prices may put pressure on profit margins for local manufacturers. To address this challenge, companies need to focus on product differentiation, technological advancements, and superior quality. Additionally, fluctuations in raw material prices and currency exchange rates can impact manufacturing costs and pricing, posing challenges for suppliers.
The Covid-19 pandemic had a notable impact on the automotive camshaft market in Thailand. With the pandemic causing disruptions in supply chains and manufacturing activities, automotive production in the country experienced fluctuations. This, in turn, affected the demand for automotive components, including camshafts. However, the gradual recovery of the automotive industry and the shift towards online vehicle sales during the pandemic may present new opportunities for camshaft manufacturers to adapt to changing market dynamics.
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 Automotive Camshaft Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Automotive Camshaft Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Automotive Camshaft Market - Industry Life Cycle |
3.4 Thailand Automotive Camshaft Market - Porter's Five Forces |
3.5 Thailand Automotive Camshaft Market Revenues & Volume Share, By Manufacturing Technology, 2021 & 2031F |
3.6 Thailand Automotive Camshaft Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
3.7 Thailand Automotive Camshaft Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Thailand Automotive Camshaft Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Thailand Automotive Camshaft Market Trends |
6 Thailand Automotive Camshaft Market, By Types |
6.1 Thailand Automotive Camshaft Market, By Manufacturing Technology |
6.1.1 Overview and Analysis |
6.1.2 Thailand Automotive Camshaft Market Revenues & Volume, By Manufacturing Technology, 2021-2031F |
6.1.3 Thailand Automotive Camshaft Market Revenues & Volume, By Cast Camshaft, 2021-2031F |
6.1.4 Thailand Automotive Camshaft Market Revenues & Volume, By Forged Steel Camshaft, 2021-2031F |
6.1.5 Thailand Automotive Camshaft Market Revenues & Volume, By Assembled Camshaft, 2021-2031F |
6.2 Thailand Automotive Camshaft Market, By Vehicle Type |
6.2.1 Overview and Analysis |
6.2.2 Thailand Automotive Camshaft Market Revenues & Volume, By Passenger Car, 2021-2031F |
6.2.3 Thailand Automotive Camshaft Market Revenues & Volume, By Light Commercial Vehicle, 2021-2031F |
6.2.4 Thailand Automotive Camshaft Market Revenues & Volume, By Heavy Commercial Vehicle, 2021-2031F |
6.3 Thailand Automotive Camshaft Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Thailand Automotive Camshaft Market Revenues & Volume, By OEM, 2021-2031F |
6.3.3 Thailand Automotive Camshaft Market Revenues & Volume, By Aftermarket, 2021-2031F |
7 Thailand Automotive Camshaft Market Import-Export Trade Statistics |
7.1 Thailand Automotive Camshaft Market Export to Major Countries |
7.2 Thailand Automotive Camshaft Market Imports from Major Countries |
8 Thailand Automotive Camshaft Market Key Performance Indicators |
9 Thailand Automotive Camshaft Market - Opportunity Assessment |
9.1 Thailand Automotive Camshaft Market Opportunity Assessment, By Manufacturing Technology, 2021 & 2031F |
9.2 Thailand Automotive Camshaft Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
9.3 Thailand Automotive Camshaft Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Thailand Automotive Camshaft Market - Competitive Landscape |
10.1 Thailand Automotive Camshaft Market Revenue Share, By Companies, 2024 |
10.2 Thailand Automotive Camshaft Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |