| Product Code: ETC286105 | Publication Date: Aug 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The Thailand Casting Equipment Market is witnessing growth due to several pivotal factors. Firstly, the country`s thriving automotive and aerospace industries require sophisticated casting processes for manufacturing components. This demand is fueling the adoption of advanced casting equipment. Secondly, Thailand`s increasing infrastructure development, including construction and transportation projects, necessitates the use of casting equipment for creating structural components and parts. Additionally, the growing awareness of energy efficiency and sustainability is pushing industries to adopt more efficient and environmentally friendly casting techniques, spurring the market for modern casting equipment.
The Thailand Casting Equipment market is growing due to various factors. Firstly, the country`s thriving construction and manufacturing industries are significant drivers, as casting equipment is essential for metalworking and foundry processes. As infrastructure development projects continue to rise, the demand for casting equipment remains strong. Additionally, innovations in casting technology, such as 3D printing and automation, have increased the efficiency and precision of casting processes, attracting more businesses to invest in advanced equipment. The export opportunities for casting products have also contributed to the market`s growth, as Thailand positions itself as a regional hub for manufacturing.
The Thailand casting equipment market encounters challenges related to the energy-intensive nature of casting processes. Rising energy costs and environmental regulations necessitate more efficient and eco-friendly casting techniques. Moreover, the market faces competition from overseas suppliers, which can affect domestic manufacturers` market share. Quality control is essential, as defects in casting equipment can lead to costly production issues for businesses in various industries that rely on casting processes.
The Thailand casting equipment market faced significant challenges during the COVID-19 pandemic. With disruptions in industrial production and construction activities, demand for casting equipment declined. Lockdowns and restrictions also hampered manufacturing and supply chains, affecting the availability of casting equipment. Manufacturers adapted by exploring alternative markets and offering maintenance services. As industrial sectors gradually recover, the casting equipment market is expected to rebound, with a renewed focus on technological advancements and sustainability practices to meet evolving industry needs.
The Thailand Casting Equipment market is led by companies such as Foseco Thailand Ltd., Zeta Investment Foundry Company Limited, and Supreme Casting. These firms provide a wide range of casting equipment and services to cater to the growing demands of the manufacturing and foundry sectors.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Thailand Casting Equipment Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Casting Equipment Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Casting Equipment Market - Industry Life Cycle |
3.4 Thailand Casting Equipment Market - Porter's Five Forces |
3.5 Thailand Casting Equipment Market Revenues & Volume Share, By Casting type, 2021 & 2031F |
3.6 Thailand Casting Equipment Market Revenues & Volume Share, By End-user, 2021 & 2031F |
3.7 Thailand Casting Equipment Market Revenues & Volume Share, By Machine Type, 2021 & 2031F |
3.8 Thailand Casting Equipment Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Thailand Casting Equipment Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for automotive and aerospace components in Thailand. |
4.2.2 Increasing investments in infrastructure projects driving the demand for casting equipment. |
4.2.3 Technological advancements leading to improved efficiency and quality of casting equipment. |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials impacting production costs. |
4.3.2 Intense competition from international casting equipment manufacturers. |
4.3.3 Regulatory challenges related to environmental standards and safety regulations. |
5 Thailand Casting Equipment Market Trends |
6 Thailand Casting Equipment Market, By Types |
6.1 Thailand Casting Equipment Market, By Casting type |
6.1.1 Overview and Analysis |
6.1.2 Thailand Casting Equipment Market Revenues & Volume, By Casting type, 2021-2031F |
6.1.3 Thailand Casting Equipment Market Revenues & Volume, By Expendable mold casting, 2021-2031F |
6.1.4 Thailand Casting Equipment Market Revenues & Volume, By Non Expendable mold casting, 2021-2031F |
6.2 Thailand Casting Equipment Market, By End-user |
6.2.1 Overview and Analysis |
6.2.2 Thailand Casting Equipment Market Revenues & Volume, By Automotive, 2021-2031F |
6.2.3 Thailand Casting Equipment Market Revenues & Volume, By Aerospace, 2021-2031F |
6.2.4 Thailand Casting Equipment Market Revenues & Volume, By Defense, 2021-2031F |
6.2.5 Thailand Casting Equipment Market Revenues & Volume, By Pump & Valve, 2021-2031F |
6.2.6 Thailand Casting Equipment Market Revenues & Volume, By Energy & Power generation, 2021-2031F |
6.2.7 Thailand Casting Equipment Market Revenues & Volume, By Others, 2021-2031F |
6.3 Thailand Casting Equipment Market, By Machine Type |
6.3.1 Overview and Analysis |
6.3.2 Thailand Casting Equipment Market Revenues & Volume, By Vertical machine, 2021-2031F |
6.3.3 Thailand Casting Equipment Market Revenues & Volume, By Horizontal machine, 2021-2031F |
6.4 Thailand Casting Equipment Market, By Distribution Channel |
6.4.1 Overview and Analysis |
6.4.2 Thailand Casting Equipment Market Revenues & Volume, By Online, 2021-2031F |
6.4.3 Thailand Casting Equipment Market Revenues & Volume, By Offline, 2021-2031F |
7 Thailand Casting Equipment Market Import-Export Trade Statistics |
7.1 Thailand Casting Equipment Market Export to Major Countries |
7.2 Thailand Casting Equipment Market Imports from Major Countries |
8 Thailand Casting Equipment Market Key Performance Indicators |
8.1 Percentage of investment in RD for developing new casting equipment technologies. |
8.2 Rate of adoption of automated casting equipment in manufacturing processes. |
8.3 Number of strategic partnerships and collaborations with local businesses for market expansion. |
9 Thailand Casting Equipment Market - Opportunity Assessment |
9.1 Thailand Casting Equipment Market Opportunity Assessment, By Casting type, 2021 & 2031F |
9.2 Thailand Casting Equipment Market Opportunity Assessment, By End-user, 2021 & 2031F |
9.3 Thailand Casting Equipment Market Opportunity Assessment, By Machine Type, 2021 & 2031F |
9.4 Thailand Casting Equipment Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Thailand Casting Equipment Market - Competitive Landscape |
10.1 Thailand Casting Equipment Market Revenue Share, By Companies, 2024 |
10.2 Thailand Casting Equipment Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |