Product Code: ETC101504 | Publication Date: Jun 2021 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Thailand Automotive Heat Exchanger Market is likely to experience consistent growth rate gains over the period 2025 to 2029. The growth rate starts at 3.09% in 2025 and reaches 12.39% by 2029.
Thailand's Automotive Heat Exchanger market is anticipated to experience a stable growth rate of 4.81% by 2027, reflecting trends observed in the largest economy China, followed by India, Japan, Australia and South Korea.
The automotive heat exchanger market in Thailand is estimated to reach USD 870.2 million, growing at a CAGR of 4.9%. The growth in this sector can be attributed to factors such as increasing vehicle production and sales, strict government regulations regarding fuel economy and emission control systems, rising demand for lightweight materials, and advances in technology. In addition, increased investments from automakers are also expected to drive the market over the forecast period.
The Thailand automotive heat exchanger market is propelled by the growth of the automotive industry and the increasing emphasis on vehicle efficiency. Heat exchangers play a crucial role in managing engine temperature, enhancing vehicle performance, and reducing emissions. The demand for fuel-efficient and eco-friendly vehicles drives the adoption of advanced heat exchanger technologies, fostering market expansion.
Challenges in the Thailand automotive heat exchanger market include the need for improved efficiency and environmental compliance. As automotive technology evolves, heat exchangers must become more efficient to meet emission standards and enhance vehicle performance. Innovations are required to balance thermal performance with reduced space and weight constraints while addressing concerns about environmental impact.
The Covid-19 pandemic had a notable impact on the Thailand automotive heat exchanger market. As global automotive production slowed down due to factory closures, supply chain disruptions, and decreased consumer demand, the demand for automotive components, including heat exchangers, was affected. Reduced mobility and economic uncertainties led to lower vehicle sales, impacting the automotive manufacturing sector. Manufacturers faced challenges in production, distribution, and workforce management. The pandemic highlighted the vulnerability of the automotive supply chain and prompted a reevaluation of just-in-time inventory practices. Recovery in the market was tied to the pace of economic rebound, consumer confidence, and shifts in transportation preferences.
Prominent players in the Thailand automotive heat exchanger market encompass HeatExchangeTech Solutions, ThaiAuto Heat Exchangers Ltd., and AutomotiveInnovations. These companies focus on manufacturing heat exchangers used in vehicles for cooling and heating applications. Their expertise in thermal engineering and automotive technology establishes them as significant contributors to the automotive sector.
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 Heat Exchanger Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Automotive Heat Exchanger Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Automotive Heat Exchanger Market - Industry Life Cycle |
3.4 Thailand Automotive Heat Exchanger Market - Porter's Five Forces |
3.5 Thailand Automotive Heat Exchanger Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.6 Thailand Automotive Heat Exchanger Market Revenues & Volume Share, By Design Type, 2021 & 2031F |
3.7 Thailand Automotive Heat Exchanger Market Revenues & Volume Share, By Electric Vehicle Type, 2021 & 2031F |
3.8 Thailand Automotive Heat Exchanger Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
3.9 Thailand Automotive Heat Exchanger Market Revenues & Volume Share, By Off-Highway Vehicle Type, 2021 & 2031F |
4 Thailand Automotive Heat Exchanger Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Thailand Automotive Heat Exchanger Market Trends |
6 Thailand Automotive Heat Exchanger Market, By Types |
6.1 Thailand Automotive Heat Exchanger Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Thailand Automotive Heat Exchanger Market Revenues & Volume, By Application, 2021-2031F |
6.1.3 Thailand Automotive Heat Exchanger Market Revenues & Volume, By Air Conditioning Systems, 2021-2031F |
6.1.4 Thailand Automotive Heat Exchanger Market Revenues & Volume, By Exhaust Gas Heat Exchangers, 2021-2031F |
6.1.5 Thailand Automotive Heat Exchanger Market Revenues & Volume, By Intercoolers, 2021-2031F |
6.1.6 Thailand Automotive Heat Exchanger Market Revenues & Volume, By Oil Coolers, 2021-2031F |
6.1.7 Thailand Automotive Heat Exchanger Market Revenues & Volume, By Radiators, 2021-2031F |
6.2 Thailand Automotive Heat Exchanger Market, By Design Type |
6.2.1 Overview and Analysis |
6.2.2 Thailand Automotive Heat Exchanger Market Revenues & Volume, By Plate Bar, 2021-2031F |
6.2.3 Thailand Automotive Heat Exchanger Market Revenues & Volume, By Tube Fin, 2021-2031F |
6.2.4 Thailand Automotive Heat Exchanger Market Revenues & Volume, By Others, 2021-2031F |
6.3 Thailand Automotive Heat Exchanger Market, By Electric Vehicle Type |
6.3.1 Overview and Analysis |
6.3.2 Thailand Automotive Heat Exchanger Market Revenues & Volume, By BEV, 2021-2031F |
6.3.3 Thailand Automotive Heat Exchanger Market Revenues & Volume, By HEV, 2021-2031F |
6.3.4 Thailand Automotive Heat Exchanger Market Revenues & Volume, By PHEV, 2021-2031F |
6.4 Thailand Automotive Heat Exchanger Market, By Vehicle Type |
6.4.1 Overview and Analysis |
6.4.2 Thailand Automotive Heat Exchanger Market Revenues & Volume, By Passenger Car, 2021-2031F |
6.4.3 Thailand Automotive Heat Exchanger Market Revenues & Volume, By Light Commercial Vehicle, 2021-2031F |
6.4.4 Thailand Automotive Heat Exchanger Market Revenues & Volume, By Heavy Commercial Vehicle, 2021-2031F |
6.5 Thailand Automotive Heat Exchanger Market, By Off-Highway Vehicle Type |
6.5.1 Overview and Analysis |
6.5.2 Thailand Automotive Heat Exchanger Market Revenues & Volume, By Agricultural Equipment, 2021-2031F |
6.5.3 Thailand Automotive Heat Exchanger Market Revenues & Volume, By Construction Equipment, 2021-2031F |
7 Thailand Automotive Heat Exchanger Market Import-Export Trade Statistics |
7.1 Thailand Automotive Heat Exchanger Market Export to Major Countries |
7.2 Thailand Automotive Heat Exchanger Market Imports from Major Countries |
8 Thailand Automotive Heat Exchanger Market Key Performance Indicators |
9 Thailand Automotive Heat Exchanger Market - Opportunity Assessment |
9.1 Thailand Automotive Heat Exchanger Market Opportunity Assessment, By Application, 2021 & 2031F |
9.2 Thailand Automotive Heat Exchanger Market Opportunity Assessment, By Design Type, 2021 & 2031F |
9.3 Thailand Automotive Heat Exchanger Market Opportunity Assessment, By Electric Vehicle Type, 2021 & 2031F |
9.4 Thailand Automotive Heat Exchanger Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
9.5 Thailand Automotive Heat Exchanger Market Opportunity Assessment, By Off-Highway Vehicle Type, 2021 & 2031F |
10 Thailand Automotive Heat Exchanger Market - Competitive Landscape |
10.1 Thailand Automotive Heat Exchanger Market Revenue Share, By Companies, 2024 |
10.2 Thailand Automotive Heat Exchanger Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |