Product Code: ETC130862 | 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 Piston Market is poised for steady growth rate improvements from 2025 to 2029. The growth rate starts at 3.13% in 2025 and reaches 12.53% by 2029.
By 2027, Thailand's Automotive Piston market is forecasted to achieve a stable growth rate of 4.87%, with China leading the Asia region, followed by India, Japan, Australia and South Korea.
The Thailand automotive piston market is a significant segment of the country`s automotive industry. Pistons are essential components of internal combustion engines, converting the pressure generated by the combustion of fuel into mechanical energy. The market for automotive pistons in Thailand is primarily driven by the country`s thriving automotive manufacturing sector. As a major hub for automobile production in Southeast Asia, Thailand demand for automotive pistons is driven by both domestic vehicle production and exports. The market also benefits from the continuous advancements in engine technology and the increasing demand for fuel-efficient and eco-friendly vehicles in the region.
Several factors drive the growth of the automotive piston market in Thailand. Firstly, the strong presence of global automobile manufacturers and the steady growth of the domestic automotive industry create a constant demand for pistons in the country. As automakers introduce new models and upgrade existing ones, there is a consistent need for high-quality pistons to ensure engine efficiency and performance. Additionally, the increasing adoption of lightweight materials and advanced manufacturing techniques in piston production has led to improved engine performance and reduced emissions, driving market growth. Moreover, government incentives and initiatives to promote the use of electric and hybrid vehicles have led to a rising demand for pistons in eco-friendly vehicle engines.
Despite the positive growth prospects, the Thailand automotive piston market faces certain challenges. One of the significant challenges is the competition from low-cost imported pistons. While Thailand is a major player in automotive manufacturing, it also imports certain automotive components, including pistons, from countries with lower production costs. This competitive landscape puts pressure on domestic piston manufacturers to maintain competitive pricing and product quality. Additionally, fluctuations in raw material prices, particularly metals like aluminum and steel used in piston manufacturing, can impact profit margins and pricing in the market.
The Covid-19 pandemic had a significant impact on the Thailand automotive piston market. During the pandemic, the automotive industry faced disruptions in production and supply chain operations due to lockdowns and restrictions. The decline in consumer demand for vehicles also affected the overall demand for automotive pistons. Many automobile manufacturers scaled back their production or temporarily shut down operations, resulting in reduced orders for automotive pistons. However, the pandemic also highlighted the importance of sustainable transportation, leading to a potential increase in demand for pistons used in electric and hybrid vehicle engines.
Thailand Automotive Piston |
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 Piston Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Automotive Piston Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Automotive Piston Market - Industry Life Cycle |
3.4 Thailand Automotive Piston Market - Porter's Five Forces |
3.5 Thailand Automotive Piston Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
3.6 Thailand Automotive Piston Market Revenues & Volume Share, By Fuel, 2021 & 2031F |
3.7 Thailand Automotive Piston Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.8 Thailand Automotive Piston Market Revenues & Volume Share, By Coating, 2021 & 2031F |
3.9 Thailand Automotive Piston Market Revenues & Volume Share, By Sales Channel, 2021 & 2031F |
4 Thailand Automotive Piston Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Thailand Automotive Piston Market Trends |
6 Thailand Automotive Piston Market, By Types |
6.1 Thailand Automotive Piston Market, By Vehicle Type |
6.1.1 Overview and Analysis |
6.1.2 Thailand Automotive Piston Market Revenues & Volume, By Vehicle Type, 2021-2031F |
6.1.3 Thailand Automotive Piston Market Revenues & Volume, By Passenger Car, 2021-2031F |
6.1.4 Thailand Automotive Piston Market Revenues & Volume, By LCV, 2021-2031F |
6.1.5 Thailand Automotive Piston Market Revenues & Volume, By HCV, 2021-2031F |
6.1.6 Thailand Automotive Piston Market Revenues & Volume, By Tractor, 2021-2031F |
6.2 Thailand Automotive Piston Market, By Fuel |
6.2.1 Overview and Analysis |
6.2.2 Thailand Automotive Piston Market Revenues & Volume, By Diesel, 2021-2031F |
6.2.3 Thailand Automotive Piston Market Revenues & Volume, By Gasoline, 2021-2031F |
6.2.4 Thailand Automotive Piston Market Revenues & Volume, By Alternative, 2021-2031F |
6.3 Thailand Automotive Piston Market, By Material |
6.3.1 Overview and Analysis |
6.3.2 Thailand Automotive Piston Market Revenues & Volume, By Steel, 2021-2031F |
6.3.3 Thailand Automotive Piston Market Revenues & Volume, By Aluminium & Titanium, 2021-2031F |
6.4 Thailand Automotive Piston Market, By Coating |
6.4.1 Overview and Analysis |
6.4.2 Thailand Automotive Piston Market Revenues & Volume, By DLC (Diamond-Like Coating), 2021-2031F |
6.4.3 Thailand Automotive Piston Market Revenues & Volume, By CRN (Chromium Nitride), 2021-2031F |
6.5 Thailand Automotive Piston Market, By Sales Channel |
6.5.1 Overview and Analysis |
6.5.2 Thailand Automotive Piston Market Revenues & Volume, By OEM, 2021-2031F |
6.5.3 Thailand Automotive Piston Market Revenues & Volume, By Aftermarket, 2021-2031F |
7 Thailand Automotive Piston Market Import-Export Trade Statistics |
7.1 Thailand Automotive Piston Market Export to Major Countries |
7.2 Thailand Automotive Piston Market Imports from Major Countries |
8 Thailand Automotive Piston Market Key Performance Indicators |
9 Thailand Automotive Piston Market - Opportunity Assessment |
9.1 Thailand Automotive Piston Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
9.2 Thailand Automotive Piston Market Opportunity Assessment, By Fuel, 2021 & 2031F |
9.3 Thailand Automotive Piston Market Opportunity Assessment, By Material, 2021 & 2031F |
9.4 Thailand Automotive Piston Market Opportunity Assessment, By Coating, 2021 & 2031F |
9.5 Thailand Automotive Piston Market Opportunity Assessment, By Sales Channel, 2021 & 2031F |
10 Thailand Automotive Piston Market - Competitive Landscape |
10.1 Thailand Automotive Piston Market Revenue Share, By Companies, 2024 |
10.2 Thailand Automotive Piston Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |