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Automotive Manufacturing in Thailand

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    Report

  • 50 Pages
  • May 2025
  • Region: Thailand
  • MarketLine
  • ID: 2641990
Automotive Manufacturing in Thailand industry profile provides top-line qualitative and quantitative summary information including: market size (value 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

  • The automotive manufacturing industry is segmented into car manufacturing, motorcycle manufacturing, and truck manufacturing. The electric and hybrid vehicles are out of our market scope.
  • The Thai automotive manufacturing industry recorded revenues of $76.4 billion in 2024, representing a negative compound annual growth rate (CAGR) of 4.8% between 2019 and 2024.
  • Industry production volumes declined with a negative CAGR of 2.7% between 2019 and 2024, reaching a total of 4.5 million units in 2024.
  • The Thai automotive manufacturing industry’s production volume contracted by 13.5% in 2024, influenced by supply chain disruptions. Shortages of critical components, such as semiconductor chips, and logistical challenges hindered timely production schedules.

Scope

  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the automotive manufacturing market in Thailand
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the automotive manufacturing market in Thailand
  • Leading company profiles reveal details of key automotive manufacturing market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the Thailand automotive manufacturing market with five year forecasts

Reasons to Buy

  • What was the size of the Thailand automotive manufacturing market by value in 2024?
  • What will be the size of the Thailand automotive manufacturing market in 2029?
  • What factors are affecting the strength of competition in the Thailand automotive manufacturing market?
  • How has the market performed over the last five years?
  • What are the main segments that make up Thailand's automotive manufacturing market?

Table of Contents

1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Market volume
1.4. Market volume forecast
1.5. Category segmentation
1.6. Geography segmentation
1.7. Market rivalry
1.8. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
3.2. Market volume
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
5 Market Outlook
5.1. Market value forecast
5.2. Market volume forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Who are the leading players?
7.2. What are the strategies of the leading players?
7.3. What are the strengths of the leading players?
7.4. What are the recent developments in the industry?
8 Company Profiles
8.1. Toyota Motor Corp
8.2. Mitsubishi Motors Corp
8.3. Honda Motor Co Ltd
8.4. Hyundai Motor Co
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related research
10.4. About the Publisher
List of Tables
Table 1: Thailand automotive manufacturing industry value: $ billion, 2019-24
Table 2: Thailand automotive manufacturing industry volume: million units, 2019-24
Table 3: Thailand automotive manufacturing industry category segmentation: % share, by value, 2019-24
Table 4: Thailand automotive manufacturing industry category segmentation: $ billion, 2019-24
Table 5: Thailand automotive manufacturing industry geography segmentation: $ billion, 2024
Table 6: Thailand automotive manufacturing industry value forecast: $ billion, 2024-29
Table 7: Thailand automotive manufacturing industry volume forecast: million units, 2024-29
Table 8: Toyota Motor Corp: Key Facts
Table 9: Toyota Motor Corp: Annual Financial Ratios
Table 10: Toyota Motor Corp: Key Employees
Table 11: Toyota Motor Corp: Key Employees Continued
Table 12: Mitsubishi Motors Corp: Key Facts
Table 13: Mitsubishi Motors Corp: Annual Financial Ratios
Table 14: Mitsubishi Motors Corp: Key Employees
Table 15: Mitsubishi Motors Corp: Key Employees Continued
Table 16: Honda Motor Co Ltd: Key Facts
Table 17: Honda Motor Co Ltd: Annual Financial Ratios
Table 18: Honda Motor Co Ltd: Key Employees
Table 19: Hyundai Motor Co: Key Facts
Table 20: Hyundai Motor Co: Annual Financial Ratios
Table 21: Hyundai Motor Co: Key Employees
Table 22: Thailand Size of Population (Million), 2020-24
Table 23: Thailand Real GDP (Constant 2010 Prices, $ Billion), 2020-24
Table 24: Thailand GDP (Current Prices, $ Billion), 2020-24
Table 25: Thailand Inflation, 2020-24
Table 26: Thailand Consumer Price Index (Absolute), 2020-24
Table 27: Thailand Exchange Rate, 2019-24
List of Figures
Figure 1: Thailand automotive manufacturing industry value: $ billion, 2019-24
Figure 2: Thailand automotive manufacturing industry volume: million units, 2019-24
Figure 3: Thailand automotive manufacturing industry category segmentation: $ billion, 2019-24
Figure 4: Thailand automotive manufacturing industry geography segmentation: % share, by value, 2024
Figure 5: Thailand automotive manufacturing industry value forecast: $ billion, 2024-29
Figure 6: Thailand automotive manufacturing industry volume forecast: million units, 2024-29
Figure 7: Forces driving competition in the automotive manufacturing industry in Thailand, 2024
Figure 8: Drivers of buyer power in the automotive manufacturing industry in Thailand, 2024
Figure 9: Drivers of supplier power in the automotive manufacturing industry in Thailand, 2024
Figure 10: Factors influencing the likelihood of new entrants in the automotive manufacturing industry in Thailand, 2024
Figure 11: Factors influencing the threat of substitutes in the automotive manufacturing industry in Thailand, 2024
Figure 12: Drivers of degree of rivalry in the automotive manufacturing industry in Thailand, 2024

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Toyota Motor Corp
  • Mitsubishi Motors Corp
  • Honda Motor Co Ltd
  • Hyundai Motor Co