Product Code: ETC038466 | Publication Date: Jul 2023 | Updated Date: Sep 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Thailand die jigs and other tools market size was worth USD XX million in 2025 and is estimated to reach a value of USD XX million by 2031, registering a CAGR of XX% during the forecast period (2025-2031). The primary factors driving the growth are increasing demand for high-performance machinery, rising industrial production, growing automotive industry, and advancements in tooling technology. Increasing focus on product development initiatives is further propelling market growth.
With rapid technological advancement across various industries such as aerospace & defense and automotive, there has been an increased demand from customers for better quality products with improved performance capabilities. Die jigs help improve accuracy while producing components through different machining processes like milling or drilling that require accuracy at tight tolerances levels. This factor along with the government???s supportive policies are expected to propel the market growth over the forecast period. Thailand has witnessed significant economic development in recent years due to its strong manufacturing base which contributes significantly towards its GDP growth rate every year; thus making it one of Asia???s most rapidly developing countries economically as well as technologically.This surge in manufacturing activities requires specialized tools such as die jigs which helps increase productivity and reduce cost substantially; hence fuelling their demand among manufacturers working across varied industries including electronics goods production & repair workshops etc., thereby driving this market forward during the review period .
In order to promote local players, certain stringent government regulations have been imposed on foreign imports related to these tools, owing to which several multinational companies (MNCs) operating here face difficulties when importing their own machines into this country ; thus hampering overall revenue generation prospects from this segment.Furthermore, complex technical specifications required by some specific applications limit consumer choice options even more, reducing their bargaining power additionally.There exists a shortage of skilled workers employed within diverse verticals involved with using these tools effectively since they need proper training before being able employ them efficiently; therefore hindering overall adoption rate worldwide considerably.Moreover, lack of availability of efficient after sales services further reduces customer loyalty towards producers leading to low penetration rates among end user markets eventually .
The Covid-19 pandemic has had a major impact on the Thailand dies jigs and other tools market. Due to the disruption in global supply chains, many of these products were not able to reach their intended destinations. This caused a sharp drop in demand for these items, leading to significant losses for manufacturers and sellers alike. Key players such as Yamazen Corporation, Mitsubishi Electric Corporation, Uno Tech Co., Ltd., Kuriyama Corporation, and Sumitomo Heavy Industries have been affected by this situation.
Key players operating in the Thailand market include YKK Fastening Products (Thailand) Co., Ltd., JF Tech Co., Ltd., KTC Precision Metal Manufacturing Co., Ltd., Chia Ming Machinery Industrial Corp, and ECH Technology Incorporation Co.. These companies offer a range of products including progressive stamping dies, fixtures & tools for automated assembly lines, die casting molds & components, CNC machining centers & tooling systems etc.
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 Dies, Jigs and Other Tools Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Dies, Jigs and Other Tools Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Dies, Jigs and Other Tools Market - Industry Life Cycle |
3.4 Thailand Dies, Jigs and Other Tools Market - Porter's Five Forces |
3.5 Thailand Dies, Jigs and Other Tools Market Revenues & Volume Share, By Types, 2021 & 2031F |
3.6 Thailand Dies, Jigs and Other Tools Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Thailand Dies, Jigs and Other Tools Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growth in the automotive industry in Thailand leading to increasing demand for dies, jigs, and tools |
4.2.2 Investments in infrastructure projects driving the need for specialized tools and equipment |
4.2.3 Technological advancements in manufacturing processes increasing the adoption of precision tools |
4.3 Market Restraints |
4.3.1 Fluctuations in raw material prices impacting the cost of production for dies, jigs, and tools |
4.3.2 Increasing competition from imported tools affecting the market share of local manufacturers |
5 Thailand Dies, Jigs and Other Tools Market Trends |
6 Thailand Dies, Jigs and Other Tools Market, By Types |
6.1 Thailand Dies, Jigs and Other Tools Market, By Types |
6.1.1 Overview and Analysis |
6.1.2 Thailand Dies, Jigs and Other Tools Market Revenues & Volume, By Types, 2021-2031F |
6.1.3 Thailand Dies, Jigs and Other Tools Market Revenues & Volume, By Dies, 2021-2031F |
6.1.4 Thailand Dies, Jigs and Other Tools Market Revenues & Volume, By Jigs and Fixtures, 2021-2031F |
6.1.5 Thailand Dies, Jigs and Other Tools Market Revenues & Volume, By Stamping, 2021-2031F |
6.1.6 Thailand Dies, Jigs and Other Tools Market Revenues & Volume, By Other Tools, 2021-2031F |
6.2 Thailand Dies, Jigs and Other Tools Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Thailand Dies, Jigs and Other Tools Market Revenues & Volume, By Automobile, 2021-2031F |
6.2.3 Thailand Dies, Jigs and Other Tools Market Revenues & Volume, By Metalworking, 2021-2031F |
6.2.4 Thailand Dies, Jigs and Other Tools Market Revenues & Volume, By Electronics, 2021-2031F |
6.2.5 Thailand Dies, Jigs and Other Tools Market Revenues & Volume, By Plastics Manufacturing, 2021-2031F |
6.2.6 Thailand Dies, Jigs and Other Tools Market Revenues & Volume, By Others, 2021-2031F |
7 Thailand Dies, Jigs and Other Tools Market Import-Export Trade Statistics |
7.1 Thailand Dies, Jigs and Other Tools Market Export to Major Countries |
7.2 Thailand Dies, Jigs and Other Tools Market Imports from Major Countries |
8 Thailand Dies, Jigs and Other Tools Market Key Performance Indicators |
8.1 Average utilization rate of dies, jigs, and tools in manufacturing facilities |
8.2 Rate of adoption of automation and digital tools in the manufacturing sector |
8.3 Number of patents filed for innovative dies, jigs, and tools in Thailand |
9 Thailand Dies, Jigs and Other Tools Market - Opportunity Assessment |
9.1 Thailand Dies, Jigs and Other Tools Market Opportunity Assessment, By Types, 2021 & 2031F |
9.2 Thailand Dies, Jigs and Other Tools Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Thailand Dies, Jigs and Other Tools Market - Competitive Landscape |
10.1 Thailand Dies, Jigs and Other Tools Market Revenue Share, By Companies, 2024 |
10.2 Thailand Dies, Jigs and Other Tools Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |