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

Market Forecast By Type (Pressure, Temperature), By Application (Hydraulic systems, Pumps, Compressors, Boilers, Others), By End-User Industry (Chemical, Refining, Petrochemical, Power, Food, Pharmaceutical, Dairy, Others ) And Competitive Landscape

Product Code: ETC062924 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

Thailand Industrial Gauge Market Highlights

Report Name Thailand Industrial Gauge Market
Forecast period 2025-2031
CAGR 5%
Growing Sector Chemical and Refining

Topics Covered in the Thailand Industrial Gauge Market

The Thailand Industrial Gauge Market report thoroughly covers the market By Type, By Application, By End-User Industry. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

Thailand Industrial Gauge Market Synopsis

Thailand Industrial Gauge Market is a critical component of the country's industrial sector, providing accurate measurement and monitoring solutions across various industries. Industrial gauges, including pressure, temperature, and flow gauges, are extensively utilized in industries such as manufacturing, oil and gas, chemicals, and food processing. The demand for reliable and durable gauge equipment has been growing steadily, driven by Thailand's expanding industrial base and the need for efficient process control. The market is characterized by the presence of both international and local manufacturers, offering a range of products to meet diverse industrial requirements. Additionally, advancements in technology, such as digital and smart gauges, are reshaping the industry, providing enhanced precision and connectivity for modern industrial applications.

According to 6Wresearch, the Thailand Industrial Gauge Market is anticipated to grow at a CAGR of 5% during the forecast period 2025-2031. The growth of the Thailand Industrial Gauge Market is expected to be driven by the increasing adoption of industrial gauges in various industries for accurate measurement and monitoring purposes.

Additionally, the government's focus on promoting manufacturing activities and investments in advanced technologies are also expected to contribute to market growth. However, there are certain challenges that may hinder the growth of this market. These include volatility in raw material prices, intense competition among players, and a lack of skilled workforce in the manufacturing sector. Moreover, with increasing concerns about environmental sustainability, there is a growing demand for eco-friendly industrial gauges, which may pose a challenge for traditional gauge manufacturers.

 Thailand Industrial Gauge Market Trends

One of the major trends shaping the Thailand Industrial Gauge Market Growth is the increasing adoption of digital and wireless gauges. These advanced gauges offer more accurate readings and real-time data monitoring, thereby enhancing efficiency and productivity in industries. This trend is expected to continue as manufacturers shift towards Industry 4.0 and automation. Another trend is the development of smart industrial gauges that can be connected to IoT devices for remote monitoring and control. This allows for predictive maintenance and reduces downtime, making it a preferred choice among industries. Moreover, there is also a growing demand for customized industrial gauges tailored to specific industry needs. This has led manufacturers to invest in research and development activities to innovate new gauge designs and technologies.

 Investment Opportunities in the Thailand Industrial Gauge Market

There are several investment opportunities in the Thailand Industrial Gauge Industry that potential investors can consider. One such opportunity is investing in research and development to develop advanced industrial gauges that cater to the specific needs of different industries. This could involve collaborations with industry players and government bodies to identify emerging trends and technologies that can be incorporated into new gauge designs.

Another potential investment opportunity is expanding into emerging markets within Southeast Asia, such as Vietnam, Indonesia, and Malaysia. These countries also have growing manufacturing sectors and a demand for industrial gauges, providing an avenue for market expansion and growth. Lastly, investing in sustainable practices and eco-friendly industrial gauges could also prove to be a lucrative opportunity. With increasing awareness about environmental impact and regulations, there is a growing demand for sustainable solutions in the manufacturing industry. By offering eco-friendly industrial gauges, companies can tap into this market and position themselves as leaders in sustainability.

Leading Players in the Thailand Industrial Gauge Market

Some of the leading players in the Thailand Industrial Gauge Market include Wika Instruments (Thailand) Ltd., Ashcroft (Thailand) Co., Ltd., Yokogawa (Thailand) Ltd., and WIKA Instrumentation Pte. Ltd. These companies offer a wide range of industrial gauges for different applications, including pressure, temperature, flow, and level measurement. They also focus on continuously improving their products to cater to the evolving needs of various industries. In addition to these traditional players, there is also a growing presence of startups and smaller companies that specialize in niche industrial gauges such as ultrasonic or magnetic gauges. These players bring innovative solutions to the market and pose a potential competition to the established players.

 Government Regulations

The government of Thailand has implemented various policies and initiatives to promote the growth of the manufacturing sector, which indirectly impacts the demand for industrial gauges. In addition, there are also regulations in place for safety standards and quality control measures that companies must adhere to when producing industrial gauges.

Some notable policies include the Eastern Economic Corridor (EEC) project, aimed at developing advanced technologies and industries in the eastern region of Thailand, and the Thailand 4.0 initiative, which focuses on digital transformation and positioning Thailand as a hub for high-tech industries.

Furthermore, with increasing concerns about environmental sustainability, it is expected that there will be stricter regulations in place for eco-friendly practices in manufacturing processes. This will also have an impact on the types of industrial gauges that are produced and used in the country.

Future Insights of the Thailand Industrial Gauge Market

The Thailand Industrial Gauge Market is expected to continue its growth trajectory in the coming years, driven by advancements in technology and increasing demand from various industries. With the government's focus on promoting investments in high-tech industries and sustainable practices, there will be opportunities for companies to innovate and expand their market share.

Moreover, with the rise of Industry 4.0 and automation in manufacturing processes, there will be a growing demand for advanced industrial gauges that can integrate with smart systems and provide real-time data for efficient monitoring and control. As such, investment in research and development to develop these types of gauges will be crucial for companies looking to stay competitive in this market.

Market Segmentation Analysis

The report offers a comprehensive study of the subsequent market segments and their leading categories.

Pressure Gauge Segment to Dominate the Market-By Type

According to Vasu, Senior Research Analyst, 6Wresearch, the pressure gauge segment is expected to witness significant growth as industries such as manufacturing, oil and gas, and chemical processing demand precise measurement tools to ensure safety and efficiency. The rise of automation and the integration of pressure gauges with smart monitoring systems further drive the demand for advanced models.

Hydraulic Systems Segment to Dominate the Market-By Applications

The demand for industrial gauges in hydraulic systems is anticipated to grow steadily, powered by the increasing use of hydraulics in construction equipment, manufacturing machinery, and automotive applications. Accurate pressure measurement is essential for the safe and efficient operation of these systems.

Chemical and Refining Industry to Dominate the Market-By End –User Industry

The chemical and refining industry relies heavily on industrial gauges for monitoring pressure, temperature, and fluid levels in various processes. The demand in this segment is driven by the need for precision and safety in chemical production and refining operations.

Key Attractiveness of the Report

  • 10 Years of Market Numbers.
  • Historical Data Starting from 2021 to 2024.
  • Base Year: 2024
  • Forecast Data until 2031.
  • Key Performance Indicators Impacting the market.
  • Major Upcoming Developments and Projects.

Key Highlights of the Report:

  • Thailand Industrial Gauge Market Outlook
  • Market Size of Thailand Industrial Gauge Market, 2024
  • Forecast of Thailand Industrial Gauge Market, 2031
  • Historical Data and Forecast of Thailand Industrial Gauge Revenues & Volume for the Period 2021– 2031
  • Thailand Industrial Gauge Market Trend Evolution
  • Thailand Industrial Gauge Market Drivers and Challenges
  • Thailand Industrial Gauge Price Trends
  • Thailand Industrial Gauge Porter's Five Forces
  • Thailand Industrial Gauge Industry Life Cycle
  • Historical Data and Forecast of Thailand Industrial Gauge Market Revenues & Volume By Type for the Period 2021– 2031
  • Historical Data and Forecast of Thailand Industrial Gauge Market Revenues & Volume By Pressure for the Period 2021– 2031
  • Historical Data and Forecast of Thailand Industrial Gauge Market Revenues & Volume By Temperature for the Period 2021– 2031
  • Historical Data and Forecast of Thailand Industrial Gauge Market Revenues & Volume By Application for the Period 2021– 2031
  • Historical Data and Forecast of Thailand Industrial Gauge Market Revenues & Volume By Hydraulic systems for the Period 2021– 2031
  • Historical Data and Forecast of Thailand Industrial Gauge Market Revenues & Volume By Pumps for the Period 2021– 2031
  • Historical Data and Forecast of Thailand Industrial Gauge Market Revenues & Volume By Compressors for the Period 2021– 2031
  • Historical Data and Forecast of Thailand Industrial Gauge Market Revenues & Volume By Boilers for the Period 2021– 2031
  • Historical Data and Forecast of Thailand Industrial Gauge Market Revenues & Volume By Others for the Period 2021– 2031
  • Historical Data and Forecast of Thailand Industrial Gauge Market Revenues & Volume By End-User Industry for the Period 2021– 2031
  • Historical Data and Forecast of Thailand Industrial Gauge Market Revenues & Volume By Chemical for the Period 2021– 2031
  • Historical Data and Forecast of Thailand Industrial Gauge Market Revenues & Volume By Refining for the Period 2021– 2031
  • Historical Data and Forecast of Thailand Industrial Gauge Market Revenues & Volume By Petrochemical for the Period 2021– 2031
  • Historical Data and Forecast of Thailand Industrial Gauge Market Revenues & Volume By Power for the Period 2021– 2031
  • Historical Data and Forecast of Thailand Industrial Gauge Market Revenues & Volume By Food for the Period 2021– 2031
  • Historical Data and Forecast of Thailand Industrial Gauge Market Revenues & Volume By Pharmaceutical for the Period 2021– 2031
  • Historical Data and Forecast of Thailand Industrial Gauge Market Revenues & Volume By Dairy for the Period 2021– 2031
  • Historical Data and Forecast of Thailand Industrial Gauge Market Revenues & Volume By Others  for the Period 2021– 2031
  • Thailand Industrial Gauge Import Export Trade Statistics
  • Market Opportunity Assessment By Type
  • Market Opportunity Assessment By Application
  • Market Opportunity Assessment By End-User Industry
  • Thailand Industrial Gauge Top Companies Market Share
  • Thailand Industrial Gauge Competitive Benchmarking By Technical and Operational Parameters
  • Thailand Industrial Gauge Company Profiles
  • Thailand Industrial Gauge Key Strategic Recommendations

 Markets Covered

The report provides a detailed analysis of the following market segments:

By Type

  • Pressure
  • Temperature

By Application

  • Hydraulic Systems
  • Pumps
  • Compressors
  • Boilers
  • Others

By End-User Industry

  • Chemical
  • Refining
  • Petrochemical
  • Power
  • Food
  • Pharmaceutical
  • Dairy
  • Others

Thailand Industrial Gauge Market (2025-2031): FAQs

The increasing demand for industrial gauges in various industries such as manufacturing, oil and gas, and chemical processing is a major factor driving market growth. Additionally, government initiatives to promote investment in high-tech industries and sustainable practices also contribute to market expansion.
Some of the leading players in this market include Wika Instruments (Thailand) Ltd., Ashcroft (Thailand) Co., Ltd., Yokogawa (Thailand) Ltd., and WIKA Instrumentation Pte. Ltd.
The pressure gauge segment is expected to witness significant growth due to its wide range of applications and integration with smart monitoring systems.
Industrial gauges find applications across various systems and machinery, supporting critical functions in multiple sectors such as hydraulic systems, chemical production, and refining operations.
Government policies and regulations promoting sustainable practices may lead to stricter requirements for eco-friendly manufacturing processes, which could influence the types of industrial gauges produced and used in the market.
6Wresearch actively monitors the Thailand Industrial Gauge Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Thailand Industrial Gauge Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com
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 Gauge Market Overview
3.1 Thailand Country Macro Economic Indicators
3.2 Thailand Industrial Gauge Market Revenues & Volume, 2021 & 2031F
3.3 Thailand Industrial Gauge Market - Industry Life Cycle
3.4 Thailand Industrial Gauge Market - Porter's Five Forces
3.5 Thailand Industrial Gauge Market Revenues & Volume Share, By Type, 2021 & 2031F
3.6 Thailand Industrial Gauge Market Revenues & Volume Share, By Application, 2021 & 2031F
3.7 Thailand Industrial Gauge Market Revenues & Volume Share, By End-User Industry, 2021 & 2031F
4 Thailand Industrial Gauge Market Dynamics
4.1 Impact Analysis
4.2 Market Drivers
4.2.1 Increasing demand for industrial gauges in diverse sectors such as manufacturing, oil gas, and automotive industries
4.2.2 Technological advancements in industrial gauges leading to higher accuracy and efficiency
4.2.3 Growing focus on process automation and Industry 4.0 initiatives in Thailand
4.3 Market Restraints
4.3.1 Economic uncertainties affecting investment decisions in industrial equipment
4.3.2 Competition from alternative measurement technologies impacting the demand for traditional industrial gauges
4.3.3 Impact of regulatory changes or standards on the industrial gauge market in Thailand
5 Thailand Industrial Gauge Market Trends
6 Thailand Industrial Gauge Market, By Types
6.1 Thailand Industrial Gauge Market, By Type
6.1.1 Overview and Analysis
6.1.2 Thailand Industrial Gauge Market Revenues & Volume, By Type, 2021 - 2031F
6.1.3 Thailand Industrial Gauge Market Revenues & Volume, By Pressure, 2021 - 2031F
6.1.4 Thailand Industrial Gauge Market Revenues & Volume, By Temperature, 2021 - 2031F
6.2 Thailand Industrial Gauge Market, By Application
6.2.1 Overview and Analysis
6.2.2 Thailand Industrial Gauge Market Revenues & Volume, By Hydraulic systems, 2021 - 2031F
6.2.3 Thailand Industrial Gauge Market Revenues & Volume, By Pumps, 2021 - 2031F
6.2.4 Thailand Industrial Gauge Market Revenues & Volume, By Compressors, 2021 - 2031F
6.2.5 Thailand Industrial Gauge Market Revenues & Volume, By Boilers, 2021 - 2031F
6.2.6 Thailand Industrial Gauge Market Revenues & Volume, By Others, 2021 - 2031F
6.3 Thailand Industrial Gauge Market, By End-User Industry
6.3.1 Overview and Analysis
6.3.2 Thailand Industrial Gauge Market Revenues & Volume, By Chemical, 2021 - 2031F
6.3.3 Thailand Industrial Gauge Market Revenues & Volume, By Refining, 2021 - 2031F
6.3.4 Thailand Industrial Gauge Market Revenues & Volume, By Petrochemical, 2021 - 2031F
6.3.5 Thailand Industrial Gauge Market Revenues & Volume, By Power, 2021 - 2031F
6.3.6 Thailand Industrial Gauge Market Revenues & Volume, By Food, 2021 - 2031F
6.3.7 Thailand Industrial Gauge Market Revenues & Volume, By Pharmaceutical, 2021 - 2031F
6.3.8 Thailand Industrial Gauge Market Revenues & Volume, By Others , 2021 - 2031F
6.3.9 Thailand Industrial Gauge Market Revenues & Volume, By Others , 2021 - 2031F
7 Thailand Industrial Gauge Market Import-Export Trade Statistics
7.1 Thailand Industrial Gauge Market Export to Major Countries
7.2 Thailand Industrial Gauge Market Imports from Major Countries
8 Thailand Industrial Gauge Market Key Performance Indicators
8.1 Adoption rate of advanced industrial gauge technologies in key industries
8.2 Number of new entrants or competitors in the Thailand industrial gauge market
8.3 Investment in research and development for innovative industrial gauge solutions
9 Thailand Industrial Gauge Market - Opportunity Assessment
9.1 Thailand Industrial Gauge Market Opportunity Assessment, By Type, 2021 & 2031F
9.2 Thailand Industrial Gauge Market Opportunity Assessment, By Application, 2021 & 2031F
9.3 Thailand Industrial Gauge Market Opportunity Assessment, By End-User Industry, 2021 & 2031F
10 Thailand Industrial Gauge Market - Competitive Landscape
10.1 Thailand Industrial Gauge Market Revenue Share, By Companies, 2024
10.2 Thailand Industrial Gauge Market Competitive Benchmarking, By Operating and Technical Parameters
11 Company Profiles
12 Recommendations
13 Disclaimer
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