Product Code: ETC047825 | 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 Servo Motor Market is likely to experience consistent growth rate gains over the period 2025 to 2029. Commencing at 2.87% in 2025, growth builds up to 12.17% by 2029.
Thailand's Servo Motor market is anticipated to experience a stable growth rate of 4.67% by 2027, reflecting trends observed in the largest economy China, followed by India, Japan, Australia and South Korea.
The servo motor market in Thailand involves the production, distribution, and sale of servo motors, which are advanced electric motors used in various industrial and automation applications. Servo motors provide precise control of position, speed, and torque, making them essential components in robotics, CNC machines, packaging machinery, and other industrial equipment.
The increasing adoption of automation and robotics in various industries drives the demand for servo motors. These motors are essential for precise control and motion in automated manufacturing processes, enhancing efficiency and productivity. Thailand growing manufacturing sector, including automotive, electronics, and machinery industries, contributes to the demand for servo motors. These industries require high-performance motion control solutions for their production lines. Servo motors offer better energy efficiency compared to traditional motors, leading to reduced operating costs and environmental benefits. The focus on energy-efficient solutions in industries and businesses propels the adoption of servo motors.
The initial cost of servo motors can be higher than standard motors, which may deter some businesses from adopting servo-based systems, especially smaller enterprises with budget constraints. Servo motor systems involve sophisticated control systems and programming, which may require specialized knowledge and training for installation and maintenance.
The COVID-19 pandemic had a mixed impact on the servo motor market in Thailand. While the pandemic led to disruptions in industrial activities and manufacturing during lockdowns, the increased focus on automation and the need for contactless operations in some industries may have accelerated the adoption of servo motor-based systems.
Some key players in the servo motor market in Thailand include: YASKAWA Electric (Thailand) Co., Ltd., Mitsubishi Electric Factory Automation (Thailand) Co., Ltd., FANUC Thailand Limited, Schneider Electric (Thailand) Ltd., Siemens Limited
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 Servo Motor Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Servo Motor Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Servo Motor Market - Industry Life Cycle |
3.4 Thailand Servo Motor Market - Porter's Five Forces |
3.5 Thailand Servo Motor Market Revenues & Volume Share, By Motor Type, 2021 & 2031F |
3.6 Thailand Servo Motor Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Thailand Servo Motor Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Thailand Servo Motor Market Trends |
6 Thailand Servo Motor Market, By Types |
6.1 Thailand Servo Motor Market, By Motor Type |
6.1.1 Overview and Analysis |
6.1.2 Thailand Servo Motor Market Revenues & Volume, By Motor Type, 2021-2031F |
6.1.3 Thailand Servo Motor Market Revenues & Volume, By AC, 2021-2031F |
6.1.4 Thailand Servo Motor Market Revenues & Volume, By DC, 2021-2031F |
6.2 Thailand Servo Motor Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Thailand Servo Motor Market Revenues & Volume, By Industrial Machinery, 2021-2031F |
6.2.3 Thailand Servo Motor Market Revenues & Volume, By Motor Vehicles, 2021-2031F |
6.2.4 Thailand Servo Motor Market Revenues & Volume, By HVAC Equipment, 2021-2031F |
6.2.5 Thailand Servo Motor Market Revenues & Volume, By Aerospace & Transportation, 2021-2031F |
6.2.6 Thailand Servo Motor Market Revenues & Volume, By Household Appliances, 2021-2031F |
6.2.7 Thailand Servo Motor Market Revenues & Volume, By Others, 2021-2031F |
7 Thailand Servo Motor Market Import-Export Trade Statistics |
7.1 Thailand Servo Motor Market Export to Major Countries |
7.2 Thailand Servo Motor Market Imports from Major Countries |
8 Thailand Servo Motor Market Key Performance Indicators |
9 Thailand Servo Motor Market - Opportunity Assessment |
9.1 Thailand Servo Motor Market Opportunity Assessment, By Motor Type, 2021 & 2031F |
9.2 Thailand Servo Motor Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Thailand Servo Motor Market - Competitive Landscape |
10.1 Thailand Servo Motor Market Revenue Share, By Companies, 2024 |
10.2 Thailand Servo Motor Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |