Thai Automotive Market Regulations, Growth Indicators, and Forecast, Q3 2018

A Strong and Stable Domestic Economy Pushed Sales over the 1 Million Units Mark

This growth insight is part of an ongoing quarterly tracker that monitors the trends and developments in the Thai automotive market. It uses multi-level secondary as well as primary sources for data collation. This includes country-level official associations/federations, government authorities, country subject experts, and third-party sources (international/regional organizations). This growth insight offers an overview of the market for Q3 2018 and discusses factors that will influence it in the short and the long term. In Q3, the Thai automotive market was propelled by the rising demand for passenger vehicles, particularly eco cars and sports utility vehicles (SUVs).

In this study, total industry volume, segment volume, and share, passenger vehicles' sub-segment volume share, passenger vehicle market share by brand, commercial vehicles' sub-segment volume share, and commercial vehicle market share by the brand are discussed. In-depth information about the market in Q3 2018, including year-on-year segment volume and market share as of Q3 2018, activities of market participants, the launch of new models, and key regulatory developments, is provided. Market outlook is also discussed, including key drivers and restraints, market canvas up to 2025, 2018 market specifics, and assessment of 2018 market specifics as of Q3 2018.