Product Code: ETC294745 | Publication Date: Aug 2022 | Updated Date: Sep 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The Thailand Industrial Equipment Market is poised for steady growth rate improvements from 2025 to 2029. Commencing at 0.11% in 2025, growth builds up to 0.40% by 2029.
By 2027, the Industrial Equipment market in Thailand is anticipated to reach a growth rate of 0.16%, as part of an increasingly competitive Asia region, where China remains at the forefront, supported by India, Japan, Australia and South Korea, driving innovations and market adoption across sectors.
The industrial equipment market in Thailand encompasses a diverse range of machinery and tools that cater to various industries. Among these, the industrial food cutting machines market holds a prominent place. These machines play a crucial role in food processing, ensuring precision and efficiency in cutting and slicing tasks. With the growing demand for processed food products, the market for industrial food cutting machines is witnessing steady growth. Manufacturers in Thailand are continually innovating to provide cutting-edge solutions that enhance productivity and meet stringent quality standards.
The Thailand Industrial Equipment Market is propelled by a confluence of factors. Industrialization across various sectors, including manufacturing, construction, and energy, drives the demand for machinery and equipment. The government`s focus on infrastructure development, such as the Eastern Economic Corridor (EEC) project, is a significant driver, leading to increased investments in industrial equipment. Additionally, the need for automation and digitization to enhance productivity and reduce labor costs is fostering demand for advanced machinery and equipment, further boosting the market`s growth.
The broader industrial equipment market must address issues like maintenance and repair services, technological advancements, and the integration of Industry 4.0 concepts. Companies need to stay agile and innovative to remain competitive.
The Thailand Industrial Equipment Market underwent a rollercoaster ride during the pandemic. In the early stages, as lockdowns were implemented and businesses halted operations, there was a sharp decline in demand for industrial equipment across various sectors. However, as the country adapted to the new normal and industries resumed operations with safety measures in place, the market experienced a revival. The pandemic accelerated the adoption of automation and digital technologies, driving demand for modern industrial equipment to enhance efficiency and productivity.
The industrial equipment market in Thailand is diverse, encompassing a wide range of machinery and tools. Leading players in this market include both international and local companies. Global giants like Caterpillar, Komatsu, and JCB offer heavy machinery for construction and mining, while local manufacturers like Thai Sumi Co. specialize in niche industrial equipment such as briquette machines. Collaboration between international and domestic players ensures a comprehensive supply of industrial equipment to meet Thailand`s diverse industrial needs.
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 Industrial Equipment Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Industrial Equipment Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Industrial Equipment Market - Industry Life Cycle |
3.4 Thailand Industrial Equipment Market - Porter's Five Forces |
3.5 Thailand Industrial Equipment Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Thailand Industrial Equipment Market Revenues & Volume Share, By Operation, 2021 & 2031F |
3.7 Thailand Industrial Equipment Market Revenues & Volume Share, By Capacity, 2021 & 2031F |
4 Thailand Industrial Equipment Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing investments in infrastructure projects in Thailand |
4.2.2 Growing demand for automation and technological advancements in industrial processes |
4.2.3 Favorable government policies and initiatives to boost industrial growth |
4.3 Market Restraints |
4.3.1 Economic uncertainties and fluctuations affecting investment decisions |
4.3.2 Competition from low-cost manufacturing countries impacting pricing strategies |
4.3.3 Challenges in accessing skilled labor and technical expertise |
5 Thailand Industrial Equipment Market Trends |
6 Thailand Industrial Equipment Market, By Types |
6.1 Thailand Industrial Equipment Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Thailand Industrial Equipment Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Thailand Industrial Equipment Market Revenues & Volume, By Woodworking and Paper Machinery, 2021-2031F |
6.1.4 Thailand Industrial Equipment Market Revenues & Volume, By Printing Machinery and Equipment, 2021-2031F |
6.1.5 Thailand Industrial Equipment Market Revenues & Volume, By Semiconductor Machinery, 2021-2031F |
6.1.6 Thailand Industrial Equipment Market Revenues & Volume, By Food Product Machinery, 2021-2031F |
6.1.7 Thailand Industrial Equipment Market Revenues & Volume, By Others, 2021-2031F |
6.2 Thailand Industrial Equipment Market, By Operation |
6.2.1 Overview and Analysis |
6.2.2 Thailand Industrial Equipment Market Revenues & Volume, By Autonomous, 2021-2031F |
6.2.3 Thailand Industrial Equipment Market Revenues & Volume, By Semi-Autonomous, 2021-2031F |
6.2.4 Thailand Industrial Equipment Market Revenues & Volume, By Manual, 2021-2031F |
6.3 Thailand Industrial Equipment Market, By Capacity |
6.3.1 Overview and Analysis |
6.3.2 Thailand Industrial Equipment Market Revenues & Volume, By Small, 2021-2031F |
6.3.3 Thailand Industrial Equipment Market Revenues & Volume, By Medium, 2021-2031F |
6.3.4 Thailand Industrial Equipment Market Revenues & Volume, By Large, 2021-2031F |
7 Thailand Industrial Equipment Market Import-Export Trade Statistics |
7.1 Thailand Industrial Equipment Market Export to Major Countries |
7.2 Thailand Industrial Equipment Market Imports from Major Countries |
8 Thailand Industrial Equipment Market Key Performance Indicators |
8.1 Capacity utilization rate of industrial equipment in Thailand |
8.2 Adoption rate of advanced industrial equipment technologies |
8.3 Number of government contracts awarded for industrial equipment projects |
8.4 Rate of industrial equipment imports and exports |
8.5 Level of foreign direct investment in the industrial equipment sector |
9 Thailand Industrial Equipment Market - Opportunity Assessment |
9.1 Thailand Industrial Equipment Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Thailand Industrial Equipment Market Opportunity Assessment, By Operation, 2021 & 2031F |
9.3 Thailand Industrial Equipment Market Opportunity Assessment, By Capacity, 2021 & 2031F |
10 Thailand Industrial Equipment Market - Competitive Landscape |
10.1 Thailand Industrial Equipment Market Revenue Share, By Companies, 2024 |
10.2 Thailand Industrial Equipment Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |