Product Code: ETC4464866 | Publication Date: Jul 2023 | Updated Date: Sep 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 | |
The Thailand Industrial IoT Market is driven by the integration of IoT technology in industrial processes and automation. Industries in Thailand are embracing IoT solutions to enhance productivity, monitor equipment health, and streamline operations. The industrial IoT market offers solutions for predictive maintenance, remote monitoring, and data analytics.
The Thailand Industrial IoT market is experiencing robust growth, fueled by the integration of IoT technologies in industrial processes to enhance efficiency, productivity, and predictive maintenance. Industrial IoT (IIoT) leverages sensors, connectivity, and data analytics to monitor and optimize manufacturing operations, supply chains, and equipment performance. The market benefits from the digital transformation of industries, the adoption of Industry 4.0 principles, and the need for real-time insights in manufacturing. Additionally, the integration of Industrial IoT with edge computing and machine learning contributes to the market prominence in Thailand evolving landscape of smart and connected industries.
The Industrial IoT market in Thailand encounters challenges in terms of legacy system integration and cybersecurity. Adapting existing industrial infrastructure to incorporate IoT technologies requires careful planning and investment. Addressing cybersecurity risks and ensuring the protection of sensitive industrial data is paramount to gain the trust of enterprises. Additionally, fostering a culture of innovation and overcoming resistance to change within traditional industrial sectors present hurdles for the widespread adoption of Industrial IoT in Thailand.
The Thailand Industrial Internet of Things (IoT) market faced challenges during the COVID-19 pandemic as industrial activities slowed down and capital expenditures were reevaluated. However, the market is rebounding with a renewed focus on smart manufacturing and operational efficiency. Industries are adopting industrial IoT solutions to enhance automation, monitor equipment health, and optimize production processes. As Thailand industrial sector recovers, the integration of IoT technologies is playing a crucial role in driving productivity and competitiveness in the post-pandemic era.
Transforming industrial processes with connectivity, key players such as General Electric Company (GE) and Siemens AG significantly influence the Industrial IoT market in Thailand. General Electric is a global conglomerate, providing Industrial IoT solutions that impact sectors like manufacturing, energy, and healthcare in Thailand. Siemens AG specializes in industrial automation and digitalization, contributing to the Industrial IoT market with products that influence smart manufacturing and industrial efficiency in Thailand. These companies play a pivotal role in shaping Industrial IoT technologies for enhanced productivity and operational intelligence.
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 IoT Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Industrial IoT Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Industrial IoT Market - Industry Life Cycle |
3.4 Thailand Industrial IoT Market - Porter's Five Forces |
3.5 Thailand Industrial IoT Market Revenues & Volume Share, By Vertical, 2021 & 2031F |
3.6 Thailand Industrial IoT Market Revenues & Volume Share, By Component, 2021 & 2031F |
3.8 Thailand Industrial IoT Market Revenues & Volume Share, By , 2021 & 2031F |
4 Thailand Industrial IoT Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing adoption of Industry 4.0 initiatives in Thailand |
4.2.2 Government support and initiatives to promote digital transformation in industries |
4.2.3 Growing demand for automation and digitization in manufacturing and logistics sectors |
4.3 Market Restraints |
4.3.1 High initial investment costs associated with implementing Industrial IoT solutions |
4.3.2 Lack of skilled workforce with expertise in IoT technologies |
4.3.3 Concerns regarding data security and privacy in Industrial IoT applications |
5 Thailand Industrial IoT Market Trends |
6 Thailand Industrial IoT Market, By Types |
6.1 Thailand Industrial IoT Market, By Vertical |
6.1.1 Overview and Analysis |
6.1.2 Thailand Industrial IoT Market Revenues & Volume, By Vertical, 2021-2031F |
6.1.3 Thailand Industrial IoT Market Revenues & Volume, By Manufacturing, 2021-2031F |
6.1.4 Thailand Industrial IoT Market Revenues & Volume, By Energy, 2021-2031F |
6.1.5 Thailand Industrial IoT Market Revenues & Volume, By Oil & Gas, 2021-2031F |
6.1.6 Thailand Industrial IoT Market Revenues & Volume, By Healthcare, 2021-2031F |
6.1.7 Thailand Industrial IoT Market Revenues & Volume, By Retail, 2021-2031F |
6.1.8 Thailand Industrial IoT Market Revenues & Volume, By Transportation, 2021-2031F |
6.1.9 Thailand Industrial IoT Market Revenues & Volume, By Agriculture, 2021-2031F |
6.1.10 Thailand Industrial IoT Market Revenues & Volume, By Agriculture, 2021-2031F |
6.2 Thailand Industrial IoT Market, By Component |
6.2.1 Overview and Analysis |
6.2.2 Thailand Industrial IoT Market Revenues & Volume, By Hardware, 2021-2031F |
6.2.3 Thailand Industrial IoT Market Revenues & Volume, By Software, 2021-2031F |
6.2.4 Thailand Industrial IoT Market Revenues & Volume, By Services, 2021-2031F |
6.4 Thailand Industrial IoT Market, By |
6.4.1 Overview and Analysis |
7 Thailand Industrial IoT Market Import-Export Trade Statistics |
7.1 Thailand Industrial IoT Market Export to Major Countries |
7.2 Thailand Industrial IoT Market Imports from Major Countries |
8 Thailand Industrial IoT Market Key Performance Indicators |
8.1 Percentage increase in the number of IoT devices deployed in industrial settings |
8.2 Average time to deploy an Industrial IoT solution in manufacturing facilities |
8.3 Rate of adoption of predictive maintenance practices using IoT technologies |
9 Thailand Industrial IoT Market - Opportunity Assessment |
9.1 Thailand Industrial IoT Market Opportunity Assessment, By Vertical, 2021 & 2031F |
9.2 Thailand Industrial IoT Market Opportunity Assessment, By Component, 2021 & 2031F |
9.4 Thailand Industrial IoT Market Opportunity Assessment, By , 2021 & 2031F |
10 Thailand Industrial IoT Market - Competitive Landscape |
10.1 Thailand Industrial IoT Market Revenue Share, By Companies, 2024 |
10.2 Thailand Industrial IoT Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |