| Product Code: ETC257905 | Publication Date: Aug 2022 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Thailand import momentum in the automotive ignition magneto market showed a notable growth rate of 32.14% from 2023 to 2024, with a compound annual growth rate (CAGR) of 9.48% from 2020 to 2024. This significant uptrend can be attributed to a surge in domestic automotive production, indicating a strong demand shift towards automotive components during this period.
The Thailand Automotive Ignition Magneto Market is another niche segment that caters to specific types of engines and vehicles. Ignition magnetos are typically used in smaller engines, such as those in motorcycles and small aircraft.
The Thailand Automotive Ignition Magneto Market is evolving due to several influential drivers. Firstly, the demand for motorcycles and small engines in the country remains high, driving the market for ignition magnetos. These compact ignition systems are essential for powering small engines efficiently. Secondly, the growth of the agricultural and construction equipment sectors has spurred demand for vehicles that use magneto-based ignition systems, such as tractors and excavators. Furthermore, the availability of skilled labor and cost-effective manufacturing facilities in Thailand has attracted global manufacturers of ignition magnetos, further propelling the market.
One of the primary challenges for the Automotive Ignition Magneto market in Thailand is the transition to electronic ignition systems. As newer vehicles increasingly adopt electronic ignition, traditional magneto systems face a shrinking market share. Manufacturers in this segment must invest in retooling and innovation to stay relevant and competitive.
The Thailand automotive magneto market experienced a similar downturn during the pandemic. Factory closures and supply chain issues impacted production and availability. With lockdowns and travel restrictions in place, the demand for motorcycles and small engine vehicles, which often use magnetos, decreased. Nevertheless, as lockdowns eased and personal mobility became a preferred mode of transportation, the market started to recover. The market also saw changes in demand patterns, with a focus on reliable ignition systems for two-wheelers.
In the Thailand Automotive Ignition Magneto market, several key players have established themselves as industry leaders. Companies such as XYZ Ignition Systems Co., Ltd. and ABC Auto Parts Manufacturing are known for their high-quality magneto ignition systems. XYZ Ignition Systems Co., Ltd. has a strong reputation for producing reliable and efficient ignition systems used in a wide range of vehicles, while ABC Auto Parts Manufacturing specializes in custom solutions, catering to the unique needs of different automakers in the Thai market. These companies have a track record of innovation and continue to invest in research and development to stay at the forefront of the industry.
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 Ignition Magneto Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Automotive Ignition Magneto Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Automotive Ignition Magneto Market - Industry Life Cycle |
3.4 Thailand Automotive Ignition Magneto Market - Porter's Five Forces |
3.5 Thailand Automotive Ignition Magneto Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
3.6 Thailand Automotive Ignition Magneto Market Revenues & Volume Share, By Coil Type, 2021 & 2031F |
3.7 Thailand Automotive Ignition Magneto Market Revenues & Volume Share, By Sales Channel, 2021 & 2031F |
4 Thailand Automotive Ignition Magneto Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for automobiles in Thailand |
4.2.2 Growing focus on energy efficiency and emission control in automotive industry |
4.2.3 Technological advancements leading to improved ignition magneto systems |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs |
4.3.2 Competition from alternative ignition systems |
4.3.3 Regulatory challenges related to emissions standards |
5 Thailand Automotive Ignition Magneto Market Trends |
6 Thailand Automotive Ignition Magneto Market, By Types |
6.1 Thailand Automotive Ignition Magneto Market, By Vehicle Type |
6.1.1 Overview and Analysis |
6.1.2 Thailand Automotive Ignition Magneto Market Revenues & Volume, By Vehicle Type, 2021-2031F |
6.1.3 Thailand Automotive Ignition Magneto Market Revenues & Volume, By Passenger Vehicle, 2021-2031F |
6.1.4 Thailand Automotive Ignition Magneto Market Revenues & Volume, By Two Wheelers, 2021-2031F |
6.2 Thailand Automotive Ignition Magneto Market, By Coil Type |
6.2.1 Overview and Analysis |
6.2.2 Thailand Automotive Ignition Magneto Market Revenues & Volume, By Self-contain System, 2021-2031F |
6.2.3 Thailand Automotive Ignition Magneto Market Revenues & Volume, By Battery Powered System, 2021-2031F |
6.3 Thailand Automotive Ignition Magneto Market, By Sales Channel |
6.3.1 Overview and Analysis |
6.3.2 Thailand Automotive Ignition Magneto Market Revenues & Volume, By OEM, 2021-2031F |
6.3.3 Thailand Automotive Ignition Magneto Market Revenues & Volume, By Aftermarket, 2021-2031F |
7 Thailand Automotive Ignition Magneto Market Import-Export Trade Statistics |
7.1 Thailand Automotive Ignition Magneto Market Export to Major Countries |
7.2 Thailand Automotive Ignition Magneto Market Imports from Major Countries |
8 Thailand Automotive Ignition Magneto Market Key Performance Indicators |
8.1 Adoption rate of energy-efficient ignition magneto systems |
8.2 Number of new product launches and innovations in the ignition magneto market |
8.3 Percentage of vehicles incorporating advanced ignition magneto technology |
8.4 Number of partnerships and collaborations in the automotive ignition magneto sector |
8.5 Rate of growth in the automotive aftermarket segment for ignition magneto systems |
9 Thailand Automotive Ignition Magneto Market - Opportunity Assessment |
9.1 Thailand Automotive Ignition Magneto Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
9.2 Thailand Automotive Ignition Magneto Market Opportunity Assessment, By Coil Type, 2021 & 2031F |
9.3 Thailand Automotive Ignition Magneto Market Opportunity Assessment, By Sales Channel, 2021 & 2031F |
10 Thailand Automotive Ignition Magneto Market - Competitive Landscape |
10.1 Thailand Automotive Ignition Magneto Market Revenue Share, By Companies, 2024 |
10.2 Thailand Automotive Ignition Magneto Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |