Country Report - Thailand

Country Report - Thailand
Product Code: GEPMCR28
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After increasing by 2.1% and 2.2% in 2017 and 2018, respectively electronics output declined by 9.5% in 2019 with only industrial and communications and radar posting growth during the year. Output declined by a further 0.2% in 2020, growth in computing, the largest segment, medical and semiconductor and passive components helping offset declining output across the remaining sectors of the industry. The computer segment accounted for 45% of production in 2020, output increasing by 2.8% on the back rising exports. With Thailand one of the world’s leading producers of hard disk drives, with all the leading manufacturers having operations in the country, growth in 2020 was supported by demand for hard disks drives to meet the move to work and learn from home. With the global demand for PCs remaining buoyant in the first half of 2021, computer output is forecast to increase by a further 3.2% in 2021. Production of components accounted for 35% of total electronics output in 2020, the segment increasing by 1.6% on the back of the better than expected rebound in the second half of the year. Output is forecast to increase by 14.6% in 2021, led by an 18.5% increase in semiconductor output and a 5.1% increase in passive components.

Table of Contents

Economic Overview
Industry Structure
Production Data 2018-2021
Market Data 2018-2024
Methodologies/Guide to Statistics

Product Coverage

Office Equipment
Control & Instrumentation
Medical & Industrial
Radio Communications
Passive Components
Other Components

The Thai Electronics Industry Report provides essential market intelligence for all sizes of company from small enterprises to major global groups and for financial/management consultancies, government agencies and academia requiring a reliable overview of the electronics industry in Thailand.

Last Update: September 2021


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