Explore more Categories
Artificial Intelligence involves the science and engineering of developing intelligent machines
The manufacturing world is at a cusp of a new revolution that will redefine conventional business models
IoT will have a major impact on businesses and consumers in the future
The world is creating 2.5 exabytes of data daily
Our research seeks to connect-the-dots across multiple trends
Personal Robots are Set to Be a $19 Billion Market
Strategic Analysis of BREXIT and its Implications to Industries, Economies and Societies
Time for a Digital Revolution in the Women’s Health Market
iFrost is a digital platform for interactive and dynamic reporting of data.
The TOEs are a great source of information which gives corporates critical information on companies to action for their strategic investments either as an open source platform or to collaborate and to develop successful products
Thailand’s Automotive Market to be Weak Due to Global Uncertainties; Outbreak of Covid-19 to Especially Have a Major Impact on the Global Economy, as well as the Thai Economy
save 10 %
* Required Fields
Pay by invoice
From 2018 to 2019, the automotive market in Association of South East Asian Nations (ASEAN) shrunk by 2.9% year-on-year (YoY), and total sales reached 3.5 million units. The main reasons include the direct impact of the global economic slowdown on automotive sales and decline in sales in Indonesia (by political election), which is the leader of the ASEAN, with 29.8% share.In Thailand, passenger vehicle (PV) market sales declined by 2.7% from 481,646 units in 2018 to 468,547 units in 2019. Affordable, energy-saving vehicles (engine displacement less than 1,300 cc) were highly popular with 27.3% share in 2019.Commercial vehicle (CV) sales decreased by 3.8% from 560,094 units in 2018 to 539,003 units in 2019. One-ton pickups dominated Thailand’s CV market with 91.3% share. In the top-5 OEM list, 4 Japanese OEMs, Toyota, Isuzu, Mitsubishi, and Nissan, held 75.8% market share.The premium vehicle segment is leading the Thailand’s electric vehicle (EV) market. The total sales of EV reached 10,194 units in 2019. Plug-in hybrid electric vehicles (PHEVs) held 92.8% of the market share. Limited EV infrastructure and incentives result in low adoption of battery electric vehicles (BEVs). Top-3 OEMs, such as BMW, Mercedes-Benz, and Volvo, accounted for 87% of the EV market.Shared mobility services are offered in major tourist cities such as Bangkok, Chiang Mai, Pattaya, and Phuket. The total fleet size of car sharing was 15,470 units in 2019. Peer-to-peer (P2P) car sharing providers held more than 90% share. Thailand had 92,500 units of vehicle in the eHailing industry in 2019. Public taxis accounted for 54.6% of the eHailing fleet size. The Thai Government had planned to roll out regulations governing the eHailing industry in March 2020 but there have been no updates on this as of mid-April 2020.The 3 main bicycle sharing providers in Thailand accounted for 18,500 bicycles in 2018. However, all of them ceased operations in 2019 due to the tropical weather, high operating cost, theft, vandalism, and poor local management. GoBike, Grab, and Get (Go-Jek) offer Motorcycle eHailing, with fleet size of 44,500 units in 2019. Disputes and conflicts happen frequently between eHailing riders and traditional motorcycle taxis. Neuron Mobility and Scoota provided 850 units of eScooter in 2019, concentrating in Bangkok, Chiang Mai, and Pattaya.
Key Issues Addressed
Evolving Market Conditions and Technology Trends Challenge Suppliers in the North American Class 4–8 Truck Axle Differential Aftermarket
Strategic Insights into the Global SUV Market
Pro-green Government Policies and Incentives Power the Electric Bus Market
Strategic Analysis of 5G Technology and Use Cases Transforming the Automotive Industry
GROWTH OPPORTUNITIES IN ELECTRIC VEHICLES, NOISE CANCELLATION, FLEET MANAGEMENT, AND LITHIUM-ION BATTERIES
Actionable Strategy Enabling the Prague Smart City Future
Intelligent Mobility 2020—Frost & Sullivan Research Survey Analysis and Results
Truck OEM Strategies for GHG/CO2 Regulation Compliance, 2020-2030
GROWTH OPPORTUNITIES IN AUTONOMOUS VEHICLES, LIDAR, NEURAL NETWORKS, AND BATTERIES
Adaptation of Adjacent Retail Initiatives Driving Automotive Retail Digitalization
electric vehicle market analysis
cyber security market
thermal spray coatings market
wearable electronics market
medical supplies market
electric car market
flexible electronics market
nanophotonic equipment market
Don't have an account? Create One!
Enter your Email Address here to receive a link to change password.
If you are an existing frost.com user, please register using the same email for seamless access
Already have an account? Login!
Use your Linkedin account to login or register within our store.You're just one click away.