Product Code: ETC031425 | 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 | |
Thailand is one of the leading countries in electronic manufacturing services (EMS) market, with its strong supply chain infrastructure and well-developed resources. It has become a major hub for global EMS companies to expand their operations. The growing demand for consumer electronics products, rising number of start-ups, government initiatives to promote production through tax incentives and subsidies have led to an increase in foreign investments over the years. This has increased Thailand overall share in the global electronics manufacturing services market. Moreover, manufacturers are shifting from China to Thailand due to increasing labor costs and trade tensions between U.S.-China relations which further adds up more opportunities for EMS providers in this region.
There has been a surge in demand for consumer electronics products such as smartphones, tablets & laptops across various regions globally driving the growth of EMS market in Thailand too .The need towards personalization of gadgets along with rapid technological advancements encourage consumers to upgrade their existing devices more often than before thus creating huge potentials for EMS industry players here. The government of Thailand is investing heavily on promotional activities like providing tax benefits,subsidies and other incentives on new set ups or expansion projects by both foreign & domestic investors so that they can capitalize from available resources within country???s borders thereby boosting up the entire sector at large scale. With ongoing trade tensions between US- China relations, numerous international brands are slowly reducing their reliance on Chinese based manufacturing hubs due cost competitiveness issues being faced by them.This gives good opportunity for Thailand based suppliers who offer quality goods at relatively cheaper rates compared to traditional counterparts thereby attracting many business owners into it.
Availability of skilled labor force remains one among biggest challenges faced by most manufactures located within country???s boundaries as majority hail from rural background where education levels have not been able match those required by modern day industries. Despite all efforts taken be local authorities there still exists low level participation private sector when it comes investment towards R&D related activities due unavailability suitable funding sources needed finance such projects.
The Thailand electronics manufacturing services market is expected to be significantly impacted by the COVID-19 pandemic. The outbreak of the virus has caused disruptions in global supply chains, leading to an interruption in business operations and reduced production volumes for many manufacturers. This has had a direct effect on demand from OEMs (Original Equipment Manufacturers) and EMS providers (Electronic Manufacturing Services). Additionally, rising labor costs have also resulted in companies shifting their focus towards automation solutions such as Robotics Process Automation (RPA), which can help reduce costs and improve efficiency.
Key players operating in the Thailand Electronics Manufacturing Services Market include Flextronics International Ltd., Sanmina Corporation, Benchmark Electronics Inc., Celestica Corporation, Jabil Circuit Inc., Foxconn Technology Group, Acbel Polytech Inc., ASE Group and others. These companies are focusing on expanding their presence across different regions through various strategic partnerships with local suppliers as well as through new product launches to gain competitive advantage over other players.
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 Electronics Manufacturing Services Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Electronics Manufacturing Services Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Electronics Manufacturing Services Market - Industry Life Cycle |
3.4 Thailand Electronics Manufacturing Services Market - Porter's Five Forces |
3.5 Thailand Electronics Manufacturing Services Market Revenues & Volume Share, By Service, 2021 & 2031F |
3.6 Thailand Electronics Manufacturing Services Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Thailand Electronics Manufacturing Services Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Thailand Electronics Manufacturing Services Market Trends |
6 Thailand Electronics Manufacturing Services Market, By Types |
6.1 Thailand Electronics Manufacturing Services Market, By Service |
6.1.1 Overview and Analysis |
6.1.2 Thailand Electronics Manufacturing Services Market Revenues & Volume, By Service, 2021-2031F |
6.1.3 Thailand Electronics Manufacturing Services Market Revenues & Volume, By Electronics manufacturing services, 2021-2031F |
6.1.4 Thailand Electronics Manufacturing Services Market Revenues & Volume, By Engineering services, 2021-2031F |
6.1.5 Thailand Electronics Manufacturing Services Market Revenues & Volume, By Test & development implementation, 2021-2031F |
6.1.6 Thailand Electronics Manufacturing Services Market Revenues & Volume, By Logistics services, 2021-2031F |
6.1.7 Thailand Electronics Manufacturing Services Market Revenues & Volume, By Others, 2021-2031F |
6.2 Thailand Electronics Manufacturing Services Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Thailand Electronics Manufacturing Services Market Revenues & Volume, By Computer, 2021-2031F |
6.2.3 Thailand Electronics Manufacturing Services Market Revenues & Volume, By Consumer Electronics, 2021-2031F |
6.2.4 Thailand Electronics Manufacturing Services Market Revenues & Volume, By Aerospace & Defense, 2021-2031F |
6.2.5 Thailand Electronics Manufacturing Services Market Revenues & Volume, By Medical & Healthcare, 2021-2031F |
6.2.6 Thailand Electronics Manufacturing Services Market Revenues & Volume, By Automotive, 2021-2031F |
6.2.7 Thailand Electronics Manufacturing Services Market Revenues & Volume, By Others, 2021-2031F |
7 Thailand Electronics Manufacturing Services Market Import-Export Trade Statistics |
7.1 Thailand Electronics Manufacturing Services Market Export to Major Countries |
7.2 Thailand Electronics Manufacturing Services Market Imports from Major Countries |
8 Thailand Electronics Manufacturing Services Market Key Performance Indicators |
9 Thailand Electronics Manufacturing Services Market - Opportunity Assessment |
9.1 Thailand Electronics Manufacturing Services Market Opportunity Assessment, By Service, 2021 & 2031F |
9.2 Thailand Electronics Manufacturing Services Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Thailand Electronics Manufacturing Services Market - Competitive Landscape |
10.1 Thailand Electronics Manufacturing Services Market Revenue Share, By Companies, 2024 |
10.2 Thailand Electronics Manufacturing Services Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |