Product Code: ETC261085 | Publication Date: Aug 2022 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The Thailand Electric AC Motors Market is likely to experience consistent growth rate gains over the period 2025 to 2029. Commencing at 2.87% in 2025, growth builds up to 11.36% by 2029.
The Electric AC Motors market in Thailand is projected to grow at a stable growth rate of 4.41% by 2027, within the Asia region led by China, along with other countries like India, Japan, Australia and South Korea, collectively shaping a dynamic and evolving market environment driven by innovation and increasing adoption of emerging technologies.
The electric AC motors market in Thailand is experiencing significant growth driven by increasing industrialization and the need for energy-efficient solutions. These motors find widespread applications in various industries, including manufacturing, automotive, and HVAC systems. The demand for electric AC motors is on the rise as they offer improved energy efficiency, lower maintenance costs, and reduced environmental impact compared to traditional motors. Manufacturers are also focusing on developing smart and IoT-enabled AC motors to cater to the growing demand for automation and connectivity in industrial processes.
The Thailand Electric AC Motors Market is influenced by industrialization, infrastructure development, and the expansion of manufacturing sectors. Electric AC motors are a fundamental component of various machinery and equipment used in manufacturing, agriculture, and construction. As industries continue to grow, the demand for electric AC motors rises. Energy efficiency concerns also drive market growth, as businesses seek motors that consume less electricity. Furthermore, technological advancements in motor design and control systems contribute to market expansion, as industries strive to improve performance and reduce operating costs.
The electric AC motors market in Thailand grapples with challenges related to energy efficiency and environmental concerns. There`s a growing demand for more energy-efficient motors, but the initial cost can deter adoption. Furthermore, there`s a need for updated regulations and standards to encourage the use of energy-efficient motors. The market also faces competition from low-cost imports, which can affect local manufacturers. Additionally, disruptions in the supply chain, such as shortages of critical components, can impact production and availability.
The Thailand Electric AC Motors market experienced a decline in demand during the COVID-19 pandemic, primarily due to the slowdown in industrial and manufacturing sectors. Many factories and production facilities temporarily shut down or operated at reduced capacity, leading to a decrease in motor installations and replacements. However, with the resumption of economic activities and government stimulus packages, the market started to rebound. Industries prioritized energy-efficient motors and automation solutions, driving market growth.
The Thailand Electric AC Motors Market features leading players who manufacture electric motors for various applications. Companies like ABB, Siemens, and WEG are prominent in this sector. ABB, a multinational corporation, offers a comprehensive range of electric AC motors known for their efficiency and reliability. Siemens, another global player, provides high-performance electric motors suitable for industrial applications. WEG, a Brazilian company with a strong international presence, produces electric motors with a focus on energy efficiency and sustainability. These leading players prioritize technological advancements, energy efficiency, and customization to meet the diverse demands of industries in Thailand that rely on electric AC motors.
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 Electric AC Motors Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Electric AC Motors Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Electric AC Motors Market - Industry Life Cycle |
3.4 Thailand Electric AC Motors Market - Porter's Five Forces |
3.5 Thailand Electric AC Motors Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Thailand Electric AC Motors Market Revenues & Volume Share, By Voltage, 2021 & 2031F |
3.7 Thailand Electric AC Motors Market Revenues & Volume Share, By End-Use, 2021 & 2031F |
4 Thailand Electric AC Motors Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Thailand Electric AC Motors Market Trends |
6 Thailand Electric AC Motors Market, By Types |
6.1 Thailand Electric AC Motors Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Thailand Electric AC Motors Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Thailand Electric AC Motors Market Revenues & Volume, By Synchronous AC Motors, 2021-2031F |
6.1.4 Thailand Electric AC Motors Market Revenues & Volume, By Induction AC Motors, 2021-2031F |
6.2 Thailand Electric AC Motors Market, By Voltage |
6.2.1 Overview and Analysis |
6.2.2 Thailand Electric AC Motors Market Revenues & Volume, By Integral HP Output, 2021-2031F |
6.2.3 Thailand Electric AC Motors Market Revenues & Volume, By Fractional HP Output, 2021-2031F |
6.3 Thailand Electric AC Motors Market, By End-Use |
6.3.1 Overview and Analysis |
6.3.2 Thailand Electric AC Motors Market Revenues & Volume, By Industrial Machinery, 2021-2031F |
6.3.3 Thailand Electric AC Motors Market Revenues & Volume, By Motor Vehicles, 2021-2031F |
6.3.4 Thailand Electric AC Motors Market Revenues & Volume, By HVAC Equipment, 2021-2031F |
6.3.5 Thailand Electric AC Motors Market Revenues & Volume, By Aerospace & Transportation, 2021-2031F |
6.3.6 Thailand Electric AC Motors Market Revenues & Volume, By Household Appliances, 2021-2031F |
6.3.7 Thailand Electric AC Motors Market Revenues & Volume, By Others, 2021-2031F |
7 Thailand Electric AC Motors Market Import-Export Trade Statistics |
7.1 Thailand Electric AC Motors Market Export to Major Countries |
7.2 Thailand Electric AC Motors Market Imports from Major Countries |
8 Thailand Electric AC Motors Market Key Performance Indicators |
9 Thailand Electric AC Motors Market - Opportunity Assessment |
9.1 Thailand Electric AC Motors Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Thailand Electric AC Motors Market Opportunity Assessment, By Voltage, 2021 & 2031F |
9.3 Thailand Electric AC Motors Market Opportunity Assessment, By End-Use, 2021 & 2031F |
10 Thailand Electric AC Motors Market - Competitive Landscape |
10.1 Thailand Electric AC Motors Market Revenue Share, By Companies, 2024 |
10.2 Thailand Electric AC Motors Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |