Product Code: ETC021945 | 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 Gears Market is poised for steady growth rate improvements from 2025 to 2029. Commencing at 2.13% in 2025, growth builds up to 6.62% by 2029.
Thailand's Gears market is anticipated to experience a stable growth rate of 2.68% by 2027, reflecting trends observed in the largest economy China, followed by India, Japan, Australia and South Korea.
The gears market in Thailand involves the production, distribution, and use of various types of gears for mechanical systems and machinery. Gears are crucial components used to transmit power and motion between rotating shafts. The market caters to industries such as automotive, manufacturing, aerospace, construction, and energy.
The automotive sector is a significant driver of the gears market in Thailand. Gears are essential components in engines, transmissions, and drivetrain systems. The growth of the automotive industry drives the demand for gears. Gears are widely used in various industrial machinery and equipment, including manufacturing machinery, construction machinery, and power generation equipment. The demand for these machinery and equipment drives the need for gears.
The gears market is subject to technological advancements, such as the development of more efficient and durable gear materials, advanced gear designs, and automation in gear manufacturing. Companies need to stay updated with these advancements to remain competitive. Price competition can be a challenge in the gears market, especially with the presence of lower-cost imported gears. Companies need to focus on product quality, customization, and value-added services to differentiate themselves.
The COVID-19 pandemic has had a significant impact on global economies and industries, including the automotive and manufacturing sectors. While it is challenging to provide specific details about the pandemic`s impact on the Thailand Gears Market from 2025-2031, it is likely that the market experienced disruptions due to changes in consumer behavior, supply chain challenges, and fluctuations in demand for automotive and industrial machinery.
The key players in the gears market can vary, and it is recommended to refer to specific market reports or industry sources for the most up-to-date information. Some well-known global and local players in the gears market include SEW-Eurodrive, Siemens AG, Sumitomo Heavy Industries, Ltd., and Hansen Corporation. However, it is important to note that the key players in the Thailand market may differ, and specific market reports would provide more accurate and localized information on the key players in the country.
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 Gears Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Gears Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Gears Market - Industry Life Cycle |
3.4 Thailand Gears Market - Porter's Five Forces |
3.5 Thailand Gears Market Revenues & Volume Share, By Types, 2021 & 2031F |
3.6 Thailand Gears Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Thailand Gears Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Thailand Gears Market Trends |
6 Thailand Gears Market, By Types |
6.1 Thailand Gears Market, By Types |
6.1.1 Overview and Analysis |
6.1.2 Thailand Gears Market Revenues & Volume, By Types, 2021-2031F |
6.1.3 Thailand Gears Market Revenues & Volume, By Spur Gear, 2021-2031F |
6.1.4 Thailand Gears Market Revenues & Volume, By Helical Gear, 2021-2031F |
6.1.5 Thailand Gears Market Revenues & Volume, By Bevel Gear, 2021-2031F |
6.1.6 Thailand Gears Market Revenues & Volume, By Worm Gear, 2021-2031F |
6.1.7 Thailand Gears Market Revenues & Volume, By Gear Rack, 2021-2031F |
6.1.8 Thailand Gears Market Revenues & Volume, By Others, 2021-2031F |
6.2 Thailand Gears Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Thailand Gears Market Revenues & Volume, By Vehicles, 2021-2031F |
6.2.3 Thailand Gears Market Revenues & Volume, By Industry, 2021-2031F |
6.2.4 Thailand Gears Market Revenues & Volume, By Special Equipment, 2021-2031F |
7 Thailand Gears Market Import-Export Trade Statistics |
7.1 Thailand Gears Market Export to Major Countries |
7.2 Thailand Gears Market Imports from Major Countries |
8 Thailand Gears Market Key Performance Indicators |
9 Thailand Gears Market - Opportunity Assessment |
9.1 Thailand Gears Market Opportunity Assessment, By Types, 2021 & 2031F |
9.2 Thailand Gears Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Thailand Gears Market - Competitive Landscape |
10.1 Thailand Gears Market Revenue Share, By Companies, 2024 |
10.2 Thailand Gears Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |