Thailand Automobile Components Market (2025-2031) | Revenue, Forecast, Companies, Growth, Industry, Analysis, Size, Outlook, Trends, Value & Share

Thailand Automobile Components Market Synopsis

The automotive components industry in Thailand is a major contributor to the country`s economy. The automobile sector accounts for approximately 11% of its GDP and employs more than 2 million people. It contributes significantly to the country???s exports, which are mainly exported to Japan, Europe, and North America. In 2025, the automobile component market in Thailand was valued at USD 25 billion and projected to grow at a CAGR of 6% during the forecast period (2025-2031).

Market Drivers

The growth of this market can be attributed to several factors including the increasing demand for automobiles due to rising consumer incomes and an increase in government incentives supporting research & development activities by local automakers. Additionally, heavy investments from both public and private sectors have led to robust infrastructure developments that has strengthened investment opportunities in Thailand automotive sector. Moreover, favourable trade agreements such as ASEAN free trade agreements have been beneficial for vehicle production & exports from this region.

Challenges of the Market

However, stringent environmental regulations concerning emissions standards imposed by both local authorities as well as international bodies like European Union are expected hamper demand growth over the forecast period owing high costs associated with compliance.. Furthermore volatility arising out from currency exchange rate fluctuations may also pose certain challenges towards exporters operating within Thailand auto parts industry .

Covid-19 Impact on the Market

The COVID-19 pandemic has had an unprecedented impact on global economies including those in Asia Pacific region such as Thailand.Automotive industry being one of key contributors towards Thailand economy was equally affected leading towards decreased sales, shutdown of plants, supply chain disruptions etc.This scenario further impacted sales revenue generation resulting into sharp decline with respect to activity across entire value chain related auto components market impacting overall financials .

Key Players of the Market

Key players operating within Thailand Auto Components Market include Honda Motor Co., Ltd., Isuzu Motors Limited, Toyota Motor Corporation, Mitsubishi Motors Corporation, Mercedes Benz AG amongst others.

Key Highlights of the Report:

• Thailand Automobile Components Market Outlook
• Market Size of Thailand Automobile Components Market, 2024
• Forecast of Thailand Automobile Components Market, 2031
• Historical Data and Forecast of Thailand Automobile Components Revenues & Volume for the Period 2021-2031
• Thailand Automobile Components Market Trend Evolution
• Thailand Automobile Components Market Drivers and Challenges
• Thailand Automobile Components Price Trends
• Thailand Automobile Components Porter's Five Forces
• Thailand Automobile Components Industry Life Cycle
• Historical Data and Forecast of Thailand Automobile Components Market Revenues & Volume By Product Type for the Period 2021-2031
• Historical Data and Forecast of Thailand Automobile Components Market Revenues & Volume By Flywheel for the Period 2021-2031
• Historical Data and Forecast of Thailand Automobile Components Market Revenues & Volume By Pressure Plate for the Period 2021-2031
• Historical Data and Forecast of Thailand Automobile Components Market Revenues & Volume By Clutch for the Period 2021-2031
• Historical Data and Forecast of Thailand Automobile Components Market Revenues & Volume By Other for the Period 2021-2031
• Historical Data and Forecast of Thailand Automobile Components Market Revenues & Volume By Applications for the Period 2021-2031
• Historical Data and Forecast of Thailand Automobile Components Market Revenues & Volume By Passenger Cars (PC) for the Period 2021-2031
• Historical Data and Forecast of Thailand Automobile Components Market Revenues & Volume By Light Commercial Vehicles (LCV) for the Period 2021-2031
• Historical Data and Forecast of Thailand Automobile Components Market Revenues & Volume By Heavy Commercial Vehicles (HCV) for the Period 2021-2031
• Thailand Automobile Components Import Export Trade Statistics
• Market Opportunity Assessment By Product Type
• Market Opportunity Assessment By Applications
• Thailand Automobile Components Top Companies Market Share
• Thailand Automobile Components Competitive Benchmarking By Technical and Operational Parameters
• Thailand Automobile Components Company Profiles
• Thailand Automobile Components Key Strategic Recommendations