Thailand Electronic Components Market (2025-2031) | Revenue, Trends, Share, Size, Outlook, Forecast, Companies, Value, Growth, Analysis & Industry

Thailand Electronic Components Market Synopsis

The Thailand electronic components market is expected to expand at a significant CAGR of 5.1% during the forecast period from 2025 to 2031. The increasing demand for consumer electronics and automotive applications, along with technological advancements in electronic components are some of the major drivers propelling the growth of this market in Thailand. Furthermore, continuous investments by global companies to set up manufacturing plants in Thailand are further fueling the growth opportunities for electronic component providers in this region.

Market Drivers

Increasing adoption of advanced technologies such as artificial intelligence, internet-of-things (IoT), 5G network technology, virtual reality (VR) and augmented reality (AR) solutions among consumers has resulted in growing demand for consumer electronics products. This trend has created immense potentials for various types of electronic components such as integrated circuits (ICs), resistors & capacitors, semiconductor chipsets, switches & relays and connectors among others across different application sectors including industrial automation and healthcare sector besides consumer electronics. The Thailand automotive industry is currently experiencing an expansion phase due to increasing sales revenues from both domestic and overseas markets; hence it is becoming one of the lucrative end user industries driving demand for various kinds of electrical parts including sensors, encoders/decoders, circuit breakers etc., which ultimately boosts growth prospects for manufacturers supplying these components across different regions within Thailand.

Challenges of the Market

Despite rising disposable income levels among people living in urban areas coupled with strong economic fundamentals that have contributed towards higher purchasing power; price sensitivity still remains as a major concern particularly when it comes to buying expensive items like personal computers or household appliances equipped with sophisticated electronic devices inside them.This could obstruct manufacturers from achieving desired profits while selling their products at competitive prices amid fierce competition prevailing within local marketplaces thus limiting substantial revenue generation opportunities over long term basis.

Covid-19 Impact on the Market

The Covid-19 pandemic has had a major effect on Thailand electronic components market. The demand for various components, such as semiconductors and printed circuit boards (PCBs), have been adversely impacted due to the disruption of global supply chains. Additionally, the lockdown restrictions in place across many countries around the world have resulted in reduced production and sales of these products, leading to decreased revenue for suppliers.

Key Players of the Market

Major players in Thailand electronic components market include Delta Electronics (Thailand) Co., Ltd., ON Semiconductor, Nippon Chemi-Con Corporation, Unimicron Technology Corporation and Sumida Electronics Company Ltd. These companies provide a wide range of products including chipsets, transistors, diodes and capacitors for use in computers and other electronic devices. Many are also active in research & development activities related to new technologies such as AI (Artificial Intelligence). Despite this however, all were affected by the pandemic due to closures or delays from their overseas customer base or component suppliers along with overall weakened consumer sentiment among buyers domestically.

Key Highlights of the Report:

• Thailand Electronic Components Market Outlook
• Market Size of Thailand Electronic Components Market, 2024
• Forecast of Thailand Electronic Components Market, 2031
• Historical Data and Forecast of Thailand Electronic Components Revenues & Volume for the Period 2021-2031
• Thailand Electronic Components Market Trend Evolution
• Thailand Electronic Components Market Drivers and Challenges
• Thailand Electronic Components Price Trends
• Thailand Electronic Components Porter's Five Forces
• Thailand Electronic Components Industry Life Cycle
• Historical Data and Forecast of Thailand Electronic Components Market Revenues & Volume By Types for the Period 2021-2031
• Historical Data and Forecast of Thailand Electronic Components Market Revenues & Volume By Passive for the Period 2021-2031
• Historical Data and Forecast of Thailand Electronic Components Market Revenues & Volume By Active for the Period 2021-2031
• Historical Data and Forecast of Thailand Electronic Components Market Revenues & Volume By Electro Mechanic for the Period 2021-2031
• Historical Data and Forecast of Thailand Electronic Components Market Revenues & Volume By Applications for the Period 2021-2031
• Historical Data and Forecast of Thailand Electronic Components Market Revenues & Volume By Automotive for the Period 2021-2031
• Historical Data and Forecast of Thailand Electronic Components Market Revenues & Volume By Communications for the Period 2021-2031
• Historical Data and Forecast of Thailand Electronic Components Market Revenues & Volume By Industrial for the Period 2021-2031
• Historical Data and Forecast of Thailand Electronic Components Market Revenues & Volume By Computing Applications for the Period 2021-2031
• Historical Data and Forecast of Thailand Electronic Components Market Revenues & Volume By Others for the Period 2021-2031
• Thailand Electronic Components Import Export Trade Statistics
• Market Opportunity Assessment By Types
• Market Opportunity Assessment By Applications
• Thailand Electronic Components Top Companies Market Share
• Thailand Electronic Components Competitive Benchmarking By Technical and Operational Parameters
• Thailand Electronic Components Company Profiles
• Thailand Electronic Components Key Strategic Recommendations