Product Code: ETC173744 | Publication Date: Jan 2022 | Updated Date: Aug 2023 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The automotive collision repair market in Thailand is expected to grow at a CAGR of around 7%. The increasing number of cars on the road has led to an increase in the frequency and severity of collisions, thereby boosting the demand for collision repair services. The growing population, rising per capita income, and increasing awareness among consumers about vehicle safety have all contributed to this growth. Moreover, various technologies such as 3D measuring systems are being increasingly adopted by workshops for precise measurements and improved accuracy while repairing vehicles. These advanced tools are further aiding the development of new products and techniques that help reduce overall repair costs without compromising on quality or time taken for repairs.
The Thailand automotive collision repair market is influenced by the number of vehicles on the road and road safety measures. The growing vehicle population increases the likelihood of accidents, driving the demand for collision repair services. Government initiatives to enhance road safety contribute to market growth.
The Thailand automotive collision repair market is influenced by the increasing complexity of modern vehicles. Repair shops must invest in training and equipment to keep up with the advanced technologies integrated into vehicles, thus increasing operational costs.
The Thailand automotive collision repair market offers promising opportunities as the country`s vehicle ownership rates continue to rise. With more vehicles on the road, there is a corresponding need for professional collision repair services that restore vehicles to their pre-accident condition. Repair shops can capitalize on this demand by investing in advanced repair technologies, such as computerized diagnostics, paint matching systems, and precision repair equipment. Additionally, offering streamlined insurance claim processes and exceptional customer service can differentiate repair shops in a competitive market, leading to increased customer loyalty and referrals.
The Thailand automotive collision repair market saw reduced demand during the pandemic, as fewer vehicles were on the road due to lockdowns and economic uncertainties. However, as mobility returns and consumers prioritize vehicle maintenance, the market is expected to recover. Additionally, advancements in repair technologies and materials are likely to shape the industry`s future.
The Thailand automotive collision repair market includes services and equipment related to vehicle collision repair. Key players in this market could include repair shops, equipment suppliers, and manufacturers like Sammitr Group, Thai Rung Union Car Plc, and Aapico Hitech Plc.
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 collision repair Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Automotive collision repair Market Revenues & Volume, 2021 & 2028F |
3.3 Thailand Automotive collision repair Market - Industry Life Cycle |
3.4 Thailand Automotive collision repair Market - Porter's Five Forces |
3.5 Thailand Automotive collision repair Market Revenues & Volume Share, By Vehicle Type, 2021 & 2028F |
3.6 Thailand Automotive collision repair Market Revenues & Volume Share, By Product, 2021 & 2028F |
3.7 Thailand Automotive collision repair Market Revenues & Volume Share, By Service Channel, 2021 & 2028F |
4 Thailand Automotive collision repair Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Thailand Automotive collision repair Market Trends |
6 Thailand Automotive collision repair Market, By Types |
6.1 Thailand Automotive collision repair Market, By Vehicle Type |
6.1.1 Overview and Analysis |
6.1.2 Thailand Automotive collision repair Market Revenues & Volume, By Vehicle Type, 2018 - 2028F |
6.1.3 Thailand Automotive collision repair Market Revenues & Volume, By Light-duty, 2018 - 2028F |
6.1.4 Thailand Automotive collision repair Market Revenues & Volume, By Heavy-duty, 2018 - 2028F |
6.2 Thailand Automotive collision repair Market, By Product |
6.2.1 Overview and Analysis |
6.2.2 Thailand Automotive collision repair Market Revenues & Volume, By Paints & coatings, 2018 - 2028F |
6.2.3 Thailand Automotive collision repair Market Revenues & Volume, By Consumables, 2018 - 2028F |
6.2.4 Thailand Automotive collision repair Market Revenues & Volume, By Spare parts, 2018 - 2028F |
6.3 Thailand Automotive collision repair Market, By Service Channel |
6.3.1 Overview and Analysis |
6.3.2 Thailand Automotive collision repair Market Revenues & Volume, By DIY, 2018 - 2028F |
6.3.3 Thailand Automotive collision repair Market Revenues & Volume, By DIFM, 2018 - 2028F |
6.3.4 Thailand Automotive collision repair Market Revenues & Volume, By OE, 2018 - 2028F |
7 Thailand Automotive collision repair Market Import-Export Trade Statistics |
7.1 Thailand Automotive collision repair Market Export to Major Countries |
7.2 Thailand Automotive collision repair Market Imports from Major Countries |
8 Thailand Automotive collision repair Market Key Performance Indicators |
9 Thailand Automotive collision repair Market - Opportunity Assessment |
9.1 Thailand Automotive collision repair Market Opportunity Assessment, By Vehicle Type, 2021 & 2028F |
9.2 Thailand Automotive collision repair Market Opportunity Assessment, By Product, 2021 & 2028F |
9.3 Thailand Automotive collision repair Market Opportunity Assessment, By Service Channel, 2021 & 2028F |
10 Thailand Automotive collision repair Market - Competitive Landscape |
10.1 Thailand Automotive collision repair Market Revenue Share, By Companies, 2021 |
10.2 Thailand Automotive collision repair Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |