Market Forecast By Technology (Human-Machine Interface (HMI), Supervisory Control and Data Acquisition (SCADA), Manufacturing Execution System (MES), Machine Vision, Industrial Robotics, Industrial PC, Industrial Internet of Things (IIoT), Others), By Industry (IT & Telecom, Manufacturing (Automotive, Electric and electronic, etc.), BFSI, Oil & Gas, Transportation and Logistics, Healthcare, Defence & Security, Retail, Others) And Competitive Landscape
Product Code: ETC4581746 | Publication Date: Jul 2023 | Updated Date: Jan 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 18 | No. of Tables: 4 | |
Thailand System Integrator market has witnessed substantial growth, primarily attributed to the increasing adoption of digital technologies across various industries, driven by initiatives such as Thailand 4.0 and smart city projects. The COVID-19 pandemic in 2020 had a profound impact on Thailand's system integrator market, particularly affecting the manufacturing sector due to disrupted supply chains and reduced raw material availability. Consequently, Thailand's manufacturing output experienced an 8.63% decline from 2019, totaling $127.37 billion. However, the market rebounded in 2021, with manufacturing output increasing by 7.4% compared to 2020. Moreover, the surge in investments totaling $2.88 billion in high-tech industrial zones across Chonburi, Chachoengsao, and Rayong in 2022, with a focus on cutting-edge technologies such as Industry 4.0 in manufacturing and preparations for 5G infrastructure in the telecom sector, has significantly boosted the demand for system integrators.
According to 6Wreaserch, Thailand System Integrator Market size is projected to grow at a CAGR of 10.4% during 2024-2030. The system integration market in Thailand is poised for substantial growth, propelled by proactive smart city initiatives. With aspirations to establish 100 smart cities by the end of 2024 as part of the Thailand 4.0 initiative, and bolstered by a proposed budget allocation of 168.75 million for fiscal year 2024 by the Ministry of Digital Affairs, the market is positioned for rapid expansion. Additionally, the Thai government is actively promoting industrial development and infrastructure projects within the Eastern Economic Corridor (EEC), with aims to attract $55 billion in combined public and private investments. Furthermore, the implementation of the "30/30 policy" to produce 725,000 electric passenger cars and pick-up trucks, alongside 675,000 electric motorcycles, underscores the substantial demand for system integrators in the automotive sector. These integrators are crucial for facilitating the seamless integration of automation, robotics, and data analytics solutions into manufacturing processes.
The SCADA technology holds the largest revenue share in the Thailand smart city industry owing to its versatility in a wide range of applications, including manufacturing, utilities, and oil & gas, making it an essential element in ensuring operational efficiency.
IT and Telecom segment garnered a major revenue share in the Thailand System Integrator market in 2023, driven by an increase in IT spending which reached $25.7 billion in 2023 owing to businesses' adoption of advanced technologies such as AI, IoT, and 5G which necessitated seamless integration and optimization of intricate systems, consequently amplifying the demand for system integrators across the country.
The report provides a detailed analysis of the following market segments:
1. Executive Summary |
2. Introduction |
2.1 Report Description |
2.2 Key Highlights of the Report |
2.3 Market Scope and Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3. Thailand System Integrator Market Overview |
3.1 Thailand System Integrator Market Revenues (2020-2030F) |
3.2 Thailand System Integrator Market - Industry Life Cycle |
3.3 Thailand System Integrator Market - Porter's Five Forces |
4. Thailand System Integrator Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5. Thailand System Integrator Market Trends |
6. Thailand System Integrator Market Overview, By Technology |
6.1 Thailand System Integrator Market Revenue Share, By Technology, 2020-2030F |
6.1.1 Thailand System Integrator Market Revenue Share, By Human-Machine Interface (HMI), 2020-2030F |
6.1.2 Thailand System Integrator Market Revenue Share, By Supervisory Control and Data Acquisition (SCADA), 2020-2030F |
6.1.3 Thailand System Integrator Market Revenue Share, By Manufacturing Execution System (MES), 2020-2030F |
6.1.4 Thailand System Integrator Market Revenue Share, By Industrial Robotics, 2020-2030F |
6.1.5 Thailand System Integrator Market Revenue Share, By Industrial Internet of Things (IIoT), 2020-2030F |
6.1.6 Thailand System Integrator Market Revenue Share, By Industrial PC, 2020-2030F |
6.1.7 Thailand System Integrator Market Revenue Share, By Machine Vision, 2020-2030F |
6.1.8 Thailand System Integrator Market Revenue Share, By Functional Safety System, 2020-2030F |
6.1.9 Thailand System Integrator Market Revenue Share, By Others, 2020-2030F |
6.2 Thailand System Integrator Market Revenues, By Technology, 2020-2030F |
6.2.1 Thailand System Integrator Market Revenues, By Human-Machine Interface (HMI), 2020-2030F |
6.2.2 Thailand System Integrator Market Revenues, By Supervisory Control and Data Acquisition (SCADA), 2020-2030F |
6.2.3 Thailand System Integrator Market Revenues, By Manufacturing Execution System (MES), 2020-2030F |
6.2.4 Thailand System Integrator Market Revenues, By Industrial Robotics, 2020-2030F |
6.2.5 Thailand System Integrator Market Revenues, By Industrial Internet of Things (IIoT), 2020-2030F |
6.2.6 Thailand System Integrator Market Revenues, By Industrial PC, 2020-2030F |
6.2.7 Thailand System Integrator Market Revenues, By Machine Vision, 2020-2030F |
6.2.8 Thailand System Integrator Market Revenues, By Functional Safety System, 2020-2030F |
6.2.9 Thailand System Integrator Market Revenues, By Others, 2020-2030F |
7. Thailand System Integrator Market Overview, By Industry |
7.1 Thailand System Integrator Market Revenue Share, By Industry, 2020-2030F |
7.1.1 Thailand System Integrator Market Revenue Share, By IT & Telecom, 2020-2030F |
7.1.2 Thailand System Integrator Market Revenue Share, By Manufacturing, 2020-2030F |
7.1.3 Thailand System Integrator Market Revenue Share, By BFSI, 2020-2030F |
7.1.4 Thailand System Integrator Market Revenue Share, By Oil & Gas, 2020-2030F |
7.1.5 Thailand System Integrator Market Revenue Share, By Transportation & Logistics, 2020-2030F |
7.1.6 Thailand System Integrator Market Revenue Share, By Healthcare, 2020-2030F |
7.1.7 Thailand System Integrator Market Revenue Share, By Defence & Security, 2020-2030F |
7.1.8 Thailand System Integrator Market Revenue Share, By Retail, 2020-2030F |
7.1.9 Thailand System Integrator Market Revenue Share, By Others, 2020-2030F |
7.2 Thailand System Integrator Market Revenues, By Technology, 2020-2030F |
7.2.1 Thailand System Integrator Market Revenues, By IT & Telecom, 2020-2030F |
7.2.2 Thailand System Integrator Market Revenues, By Manufacturing, 2020-2030F |
7.2.3 Thailand System Integrator Market Revenues, By BFSI, 2020-2030F |
7.2.4 Thailand System Integrator Market Revenues, By Oil & Gas, 2020-2030F |
7.2.5 Thailand System Integrator Market Revenues, By Transportation & Logistics, 2020-2030F |
7.2.6 Thailand System Integrator Market Revenues, By Healthcare, 2020-2030F |
7.2.7 Thailand System Integrator Market Revenues, By Defence & Security, 2020-2030F |
7.2.8 Thailand System Integrator Market Revenues, By Retail, 2020-2030F |
7.2.9 Thailand System Integrator Market Revenues, By Others, 2020-2030F |
8. Thailand System Integrator Market Key Performance Indicators |
9. Thailand System Integrator Market Opportunity Assessment |
9.1 Thailand System Integrator Market Opportunity Assessment, By Technology (2030F) |
9.2 Thailand System Integrator Market Opportunity Assessment, By Industry (2030F) |
10. Thailand System Integrator Market Competitive Landscape |
10.1 Thailand System Integrator Market Revenue Ranking, By Companies (2023) |
10.2 Thailand System Integrator Market Competitive Benchmarking, By Operating Parameters |
11. Company Profiles |
11.1 Proen Corp PCL |
11.2 Information and Communication Networks (ICN) PCL |
11.3 CDG Group |
11.4 MFEC PCL |
11.5 SVOA PCL |
11.6 Loxley PCL |
11.7 Vintcom Technology PCL |
11.8 Metro Systems Corp. PCL |
11.9 G-Able PCL |
11.10 NAT Absolute Technologies PCL |
12. Key Strategic Recommendation |
13. Disclaimer |
List of Figures |
1. Thailand System Integrator Market Revenues, 2020-2030F ($ Million) |
2. Summary of Board of Investment Automation Status |
3. Thailand IT Spending Outlook, 2018-2024E, (in Billion) |
4. Planning and Implementation of Digital Technologies in Energy, Resources and Industrials Industry |
5. Thailand Faces Shortage of Skilled Workers in Digital Skills, 2023 |
6. Thailand System Integrator Market Revenue Share, By Technology, 2023 & 2030F |
7. Thailand System Integrator Market Revenue Share, By Industry, 2023 & 2030F |
8. Thailand Manufacturing Production Index (MPI), Q1 2022 – Q1 2023 |
9. Thailand Automotive Production (In Thousand Units), 2020 – 2030F |
10. Thailand Electrical Industry Manufacturing Production Index (MPI), Q4 2020- Q1 2022 |
11. Thailand Region-wise Digital Opportunities and Percentage Share of Total Digital Opportunities, 2030F, (Billion $, %) |
12. Thailand IoT Market, 2018 & 2030F, ($ Million) |
13. Thailand ICT Market, 2022-20227F ($ Billion) |
14. Thailand System Integrator Market Opportunity Assessment, By Technology, 2030F |
15. Thailand System Integrator Market Opportunity Assessment, By Industry, 2030F |
16. Thailand System Integrator Market Revenue Ranking, By Companies, 2023 |
17. The 30@30 Zero Emission Vehicle (ZEV) Promotion Scheme |
18. Proposed Smart City Project in Southern Thailand |
List of Tables |
1. Thailand System Integrator Market Revenues, By Technology, 2020-2030F ($ Million) |
2. Thailand System Integrator Market Revenues, By Industry, 2020-2030F ($ Million) |
3. Thailand Automotive Projects, 2024-2025 |
4. Approved Smart City in Southern Region of Thailand |