Thailand Car Manufacturing Market Summary, Competitive Analysis and Forecast to 2027
Summary
Car Manufacturing in Thailand industry profile provides top-line qualitative and quantitative summary information including: market size (value 2017-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The passenger cars manufacturers market value is calculated in terms of manufacturer selling price (MSP), and excludes all taxes and levies.
- The Thai car manufacturing industry had total revenues of $43.6 billion in 2022, representing a compound annual growth rate (CAGR) of 8.7% between 2017 and 2022.
- Industry consumption volumes declined with a negative CAGR of 1.5% between 2017 and 2022, to reach a total of 1,813.5 thousand units in 2022.
- Car sales in Thailand continue to rise as a result of improving economic conditions and the growing popularity of cars among Thai customers. Tax benefits are offered by the government, and Thailand also has low rates for car ownership and insurance.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the car manufacturing market in Thailand
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the car manufacturing market in Thailand
- Leading company profiles reveal details of key car manufacturing market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Thailand car manufacturing market with five year forecasts
- What was the size of the Thailand car manufacturing market by value in 2022?
- What will be the size of the Thailand car manufacturing market in 2027?
- What factors are affecting the strength of competition in the Thailand car manufacturing market?
- How has the market performed over the last five years?
- What are the main segments that make up Thailand's car manufacturing market?
- 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 share
- 1.8. Market rivalry
- 1.9. 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. Market share
- 7.2. Who are the leading players?
- 7.3. How are strategic alliances used by the leading companies?
- 7.4. How is new technology opening competition?
- 7.5. How are leading players progressing in the hybrid and electric cars segment?
- 8 Company Profiles
- 8.1. Mitsubishi Motors Corporation
- 8.2. Toyota Motor Corporation
- 8.3. Nissan Motor Co., Ltd.
- 8.4. Honda Motor Co., Ltd.
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related MarketLine research
- 10.4. About MarketLine
- List of Tables
- Table 1: Thailand car manufacturing industry value: $ billion, 2017–22
- Table 2: Thailand car manufacturing industry volume: thousand units, 2017–22
- Table 3: Thailand car manufacturing industry category segmentation: % share, by volume, 2017–2022
- Table 4: Thailand car manufacturing industry category segmentation: thousand units, 2017-2022
- Table 5: Thailand car manufacturing industry geography segmentation: $ billion, 2022
- Table 6: Thailand car manufacturing industry value forecast: $ billion, 2022–27
- Table 7: Thailand car manufacturing industry volume forecast: thousand units, 2022–27
- Table 8: Thailand car manufacturing industry share: % share, by volume, 2022
- Table 9: Mitsubishi Motors Corporation: key facts
- Table 10: Mitsubishi Motors Corporation: Annual Financial Ratios
- Table 11: Mitsubishi Motors Corporation: Key Employees
- Table 12: Mitsubishi Motors Corporation: Key Employees Continued
- Table 13: Toyota Motor Corporation: key facts
- Table 14: Toyota Motor Corporation: Annual Financial Ratios
- Table 15: Toyota Motor Corporation: Key Employees
- Table 16: Toyota Motor Corporation: Key Employees Continued
- Table 17: Toyota Motor Corporation: Key Employees Continued
- Table 18: Nissan Motor Co., Ltd.: key facts
- Table 19: Nissan Motor Co., Ltd.: Annual Financial Ratios
- Table 20: Nissan Motor Co., Ltd.: Key Employees
- Table 21: Nissan Motor Co., Ltd.: Key Employees Continued
- Table 22: Nissan Motor Co., Ltd.: Key Employees Continued
- Table 23: Nissan Motor Co., Ltd.: Key Employees Continued
- Table 24: Honda Motor Co., Ltd.: key facts
- Table 25: Honda Motor Co., Ltd.: Annual Financial Ratios
- Table 26: Honda Motor Co., Ltd.: Key Employees
- Table 27: Honda Motor Co., Ltd.: Key Employees Continued
- Table 28: Thailand size of population (million), 2018–22
- Table 29: Thailand gdp (constant 2005 prices, $ billion), 2018–22
- Table 30: Thailand gdp (current prices, $ billion), 2018–22
- Table 31: Thailand inflation, 2018–22
- Table 32: Thailand consumer price index (absolute), 2018–22
- Table 33: Thailand exchange rate, 2018–22
- List of Figures
- Figure 1: Thailand car manufacturing industry value: $ billion, 2017–22
- Figure 2: Thailand car manufacturing industry volume: thousand units, 2017–22
- Figure 3: Thailand car manufacturing industry category segmentation: thousand units, 2017-2022
- Figure 4: Thailand car manufacturing industry geography segmentation: % share, by value, 2022
- Figure 5: Thailand car manufacturing industry value forecast: $ billion, 2022–27
- Figure 6: Thailand car manufacturing industry volume forecast: thousand units, 2022–27
- Figure 7: Forces driving competition in the car manufacturing industry in Thailand, 2022
- Figure 8: Drivers of buyer power in the car manufacturing industry in Thailand, 2022
- Figure 9: Drivers of supplier power in the car manufacturing industry in Thailand, 2022
- Figure 10: Factors influencing the likelihood of new entrants in the car manufacturing industry in Thailand, 2022
- Figure 11: Factors influencing the threat of substitutes in the car manufacturing industry in Thailand, 2022
- Figure 12: Drivers of degree of rivalry in the car manufacturing industry in Thailand, 2022
- Figure 13: Thailand car manufacturing industry share: % share, by volume, 2022
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