Thailand Semiconductors and Related Devices Market (2024-2030) | Outlook, Forecast, Value, Revenue, Analysis, Companies, Industry, Growth, Trends, Share & Size

Thailand Semiconductors and Related Devices Market Synopsis

The semiconductor and related device market in Thailand has been growing rapidly over the past few years. It is estimated to reach USD 4.5 billion by 2026, at a compounded annual growth rate (CAGR) of 6.2% between 2020 and 2026. The main drivers behind this rapid growth are the increasing demand for consumer electronics products and the investments made by both local and foreign companies in Thailand technology industry. In addition, with support from government initiatives such as Board of Investment (BOI), Thailand Industrial Standards Institute (TISI) and Tax Holiday Scheme (THS), more foreign investors are entering into the semiconductor market in Thailand due to its competitive advantages compared to other countries like China, Japan, South Korea, etc., that have already established themselves as major players in this sector worldwide.

Market Drivers

As consumers become increasingly reliant on electronic devices such as smartphones, tablets, wearable devices etc., there is an increasing demand for semiconductors which act as key components within these devices. This increased demand will drive up sales within Thailand semiconductor industry leading to higher revenues for manufacturers across all levels of production from chip designers through component suppliers right up until end product assemblers or providers of after-sale services such as repairs or replacements where necessary. Various government initiatives introduced since 2017 have encouraged investment into Thailand technology industry including incentives provided via Board Of Investment (BOI). These initiatives create opportunities for both local & foreign businesses looking to invest & participate in development projects taking place within the country`s tech sector which could lead to further expansion & innovation centered around semi-conductor production/distribution networks throughout Thailand while simultaneously providing job creation opportunities locally too.

Challenges of the Market

As consumers become increasingly reliant on electronic devices such as smartphones, tablets, wearable devices etc., there is an increasing demand for semiconductors which act as key components within these devices. This increased demand will drive up sales within Thailand semiconductor industry leading to higher revenues for manufacturers across all levels of production from chip designers through component suppliers right up until end product assemblers or providers of after-sale services such as repairs or replacements where necessary. Various government initiatives introduced since 2017 have encouraged investment into Thailand technology industry including incentives provided via Board Of Investment (BOI). These initiatives create opportunities for both local & foreign businesses looking to invest & participate in development projects taking place within the country`s tech sector which could lead to further expansion & innovation centered around semi-conductor production/distribution networks throughout Thailand while simultaneously providing job creation opportunities locally too!

Covid-19 Impact on the Market

The semiconductor and related device market in Thailand has been affected by the Covid-19 pandemic. The supply chain disruptions, reduced demand from key customers, and weaker economic activity due to Covid-19 have had a negative effect on the sector. However, government initiatives such as tax incentives for electronic components are expected to provide support to the industry during this difficult time.

Key Players of the Market

Key players in the Thailand semiconductor and related devices market include NXP Semiconductors (Thailand) Co., Ltd., Vishay Intertechnology, Inc., STMicroelectronics Pte Ltd, Infineon Technologies AG, ON Semiconductor Corporation (Thailand), Toshiba Electronic Devices & Storage Corporation (Thailand), Analog Devices Inc., Texas Instruments Incorporated (TI), Asahi Kasei Microdevices Corp., Fairchild Semiconductor International Inc., Renesas Electronics Corp.(RTEC), Maxim Integrated Products Inc.(MIPI). These companies offer various products including microcontrollers/microprocessors; memory chips; optoelectronic components; analog integrated circuits; power management integrated circuits; Hall effect sensors; transistors etc.

Key Highlights of the Report:

• Thailand Semiconductors and Related Devices Market Outlook
• Market Size of Thailand Semiconductors and Related Devices Market, 2023
• Forecast of Thailand Semiconductors and Related Devices Market, 2030
• Historical Data and Forecast of Thailand Semiconductors and Related Devices Revenues & Volume for the Period 2020-2030
• Thailand Semiconductors and Related Devices Market Trend Evolution
• Thailand Semiconductors and Related Devices Market Drivers and Challenges
• Thailand Semiconductors and Related Devices Price Trends
• Thailand Semiconductors and Related Devices Porter's Five Forces
• Thailand Semiconductors and Related Devices Industry Life Cycle
• Historical Data and Forecast of Thailand Semiconductors and Related Devices Market Revenues & Volume By Types for the Period 2020-2030
• Historical Data and Forecast of Thailand Semiconductors and Related Devices Market Revenues & Volume By Integrated Circuits for the Period 2020-2030
• Historical Data and Forecast of Thailand Semiconductors and Related Devices Market Revenues & Volume By Memory Chips for the Period 2020-2030
• Historical Data and Forecast of Thailand Semiconductors and Related Devices Market Revenues & Volume By Microprocessors for the Period 2020-2030
• Historical Data and Forecast of Thailand Semiconductors and Related Devices Market Revenues & Volume By Others ? for the Period 2020-2030
• Historical Data and Forecast of Thailand Semiconductors and Related Devices Market Revenues & Volume By End-users for the Period 2020-2030
• Historical Data and Forecast of Thailand Semiconductors and Related Devices Market Revenues & Volume By Information Technology for the Period 2020-2030
• Historical Data and Forecast of Thailand Semiconductors and Related Devices Market Revenues & Volume By Aerospace & Defense for the Period 2020-2030
• Historical Data and Forecast of Thailand Semiconductors and Related Devices Market Revenues & Volume By Consumer Electronics for the Period 2020-2030
• Historical Data and Forecast of Thailand Semiconductors and Related Devices Market Revenues & Volume By Automotive for the Period 2020-2030
• Historical Data and Forecast of Thailand Semiconductors and Related Devices Market Revenues & Volume By Healthcare for the Period 2020-2030
• Historical Data and Forecast of Thailand Semiconductors and Related Devices Market Revenues & Volume By Others for the Period 2020-2030
• Thailand Semiconductors and Related Devices Import Export Trade Statistics
• Market Opportunity Assessment By Types
• Market Opportunity Assessment By End-users
• Thailand Semiconductors and Related Devices Top Companies Market Share
• Thailand Semiconductors and Related Devices Competitive Benchmarking By Technical and Operational Parameters
• Thailand Semiconductors and Related Devices Company Profiles
• Thailand Semiconductors and Related Devices Key Strategic Recommendations