Product Code: ETC024825 | Publication Date: Jul 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Thailand conveyors and conveying equipment market is expected to register a CAGR of 5.4% during the forecast period 2025-2031. The increasing demand from automotive, food & beverage industry and logistics & warehousing industry are driving the growth of the market in Thailand. Moreover, rising government investments for industrial automation is further propelling the growth of the market.
With rapid urbanization and growing purchasing power in developing countries such as Thailand, there has been a shift from public transportation to personal vehicles which contributes to increased production activities that leads to higher demand for freight handling solutions including conveyor belts, thus driving their sales worldwide. The food & beverage sector has been consistently growing over past few years due to rise in disposable income levels among consumers coupled with changing lifestyle trends leading towards convenience eating habits across countries like Thailand resulting into an increased need for advanced handling systems such as conveyors and other bulk material handling equipment???s facilitating faster operations within this sector thereby boosting overall sales across this region.
Setting up automated conveying system on large scale involves high cost due to installation fees and maintenance costs involved along with other operational charges associated making it difficult for small players operating in these regions hampering its overall usage rate within different industries becoming major hindrance towards achieving desired objectives thereby restraining its overall growth prospects globally during upcoming years ahead.
The COVID-19 pandemic is likely to have a significant impact on various sectors negatively impacting global economy at large leading into economic recession resulting into low consumer spending especially related towards capital goods across all nations although certain key business segments may witness decent recovery overtime if conditions improve rapidly including agriculture machinery manufacturing sector benefiting itself from new policy reforms initiated by governments promoting mechanized farming techniques providing slight relief amidst this situation providing respite especially among end user companies operating across Thailand markets positively aiding investment scenarios prevailing within commercial construction activities fostering smooth flow of operations eventually proving beneficial amongst local players actively engaged in supplying bulk materials through efficient mechanical means using wide range of belt based or roller type devices even though albeit under restricted circumstances allowing them sustained accesses while creating ample opportunities therein accordingly throughout forecast timeline ahead.
Key players operating in the Thailand conveyors and conveying equipment market include Daifuku Co., Ltd., Intralox Inc., Siemens AG (FlexLink), Rexnord Corporation (MCC), Interroll Group (Interroll Holding GmbH), Beumer Group GmbH & Co KG, Murata Machinery Ltd., Tsubakimoto Chain Co., ABB Limited (DODGE Reliance Electric Business Unit), Continental AG, Jervis B. Webb Company etc. These companies are focusing on strategies such as product launches and expansions in order to gain major share within the industry landscape.
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 Conveyors and Conveying Equipment Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Conveyors and Conveying Equipment Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Conveyors and Conveying Equipment Market - Industry Life Cycle |
3.4 Thailand Conveyors and Conveying Equipment Market - Porter's Five Forces |
3.5 Thailand Conveyors and Conveying Equipment Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Thailand Conveyors and Conveying Equipment Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Thailand Conveyors and Conveying Equipment Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Thailand Conveyors and Conveying Equipment Market Trends |
6 Thailand Conveyors and Conveying Equipment Market, By Types |
6.1 Thailand Conveyors and Conveying Equipment Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Thailand Conveyors and Conveying Equipment Market Revenues & Volume, By Product, 2021-2031F |
6.1.3 Thailand Conveyors and Conveying Equipment Market Revenues & Volume, By Roller Conveyors, 2021-2031F |
6.1.4 Thailand Conveyors and Conveying Equipment Market Revenues & Volume, By Belt Conveyors, 2021-2031F |
6.1.5 Thailand Conveyors and Conveying Equipment Market Revenues & Volume, By Overhead Conveyors, 2021-2031F |
6.1.6 Thailand Conveyors and Conveying Equipment Market Revenues & Volume, By Pallet Conveyors, 2021-2031F |
6.1.7 Thailand Conveyors and Conveying Equipment Market Revenues & Volume, By Other Conveyors, 2021-2031F |
6.2 Thailand Conveyors and Conveying Equipment Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Thailand Conveyors and Conveying Equipment Market Revenues & Volume, By Automotive, 2021-2031F |
6.2.3 Thailand Conveyors and Conveying Equipment Market Revenues & Volume, By Food and Beverages, 2021-2031F |
6.2.4 Thailand Conveyors and Conveying Equipment Market Revenues & Volume, By Engineering Machinery, 2021-2031F |
6.2.5 Thailand Conveyors and Conveying Equipment Market Revenues & Volume, By Retail, 2021-2031F |
6.2.6 Thailand Conveyors and Conveying Equipment Market Revenues & Volume, By Others, 2021-2031F |
7 Thailand Conveyors and Conveying Equipment Market Import-Export Trade Statistics |
7.1 Thailand Conveyors and Conveying Equipment Market Export to Major Countries |
7.2 Thailand Conveyors and Conveying Equipment Market Imports from Major Countries |
8 Thailand Conveyors and Conveying Equipment Market Key Performance Indicators |
9 Thailand Conveyors and Conveying Equipment Market - Opportunity Assessment |
9.1 Thailand Conveyors and Conveying Equipment Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Thailand Conveyors and Conveying Equipment Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Thailand Conveyors and Conveying Equipment Market - Competitive Landscape |
10.1 Thailand Conveyors and Conveying Equipment Market Revenue Share, By Companies, 2024 |
10.2 Thailand Conveyors and Conveying Equipment Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |