Thailand EV Components Market 2023-2030
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Thailand EV Components Market 2023-2030

Last Updated:  Apr 25, 2025 | Study Period: 2023-2030

THAILAND EV COMPONENTS MARKET

 

INTRODUCTION

 

The Thai government unveiled a new goal to establish Thailand as a centre for EV manufacturing. In order to encourage the usage of EVs, the government has also developed plans for producing batteries and constructing charging stations.

 

In order to bolster its position as a significant Asian EV manufacturing hub, the Thai government is also entering into deals with electric car businesses on incentives, tax cuts, and subsidies.

 

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THAILAND EV COMPONENTS MARKET SIZE AND FORECAST

 

The Thailand EV Components Market accounted for $XX Billion in 2022 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2023 to 2030.

 

MARKET DYNAMICS

 

Prior to domestic EV production, China's SAIC Motor announced plans to invest in and construct an EV battery plant in Thailand. In Thailand's Chonburi province, SAIC Motor already operates a factory that produces batteries for plug-in hybrid electric vehicles. To encourage exports, they plan to increase production capacity for BEV batteries.

 

In order to assess the feasibility of constructing a new electric vehicle (EV) battery factory in the nation, Thailand's oil and gas behemoth PTT has created a new joint venture with its power generation subsidiary Global Power Synergy (GPSC). 

 

Arun Plus Company, a completely owned EV subsidiary of PTT, owns 49 percent of the newly formed Nuovo Plus Company, while GPSC, which already has a modest EV battery facility in the nation, holds 51 percent of the ownership.

 

Prior to PTT's ambitions to start producing zero emission commercial vehicles in the nation, Nuovo Plus will look into investment prospects in the EV battery supply chain. 

 

Along with developing an EV charging network and creating a digital platform for EV drivers, it plans to construct a new battery production facility in Rayong, on Thailand's eastern seaboard.

 

The American company EVLOMO has received funding to increase the number of electric vehicle charging stations it has in Thailand. Additionally, the corporation declared its intention to develop lithium battery manufacturing in the Kingdom's sophisticated industrial region.

 

COMPANY PROFILE

 

 

THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

 

  1. How manyEV Componentsare manufactured per annum in Thailand? Who are the sub-component suppliers in this region?
  2. Cost breakup of a Thailand EV Components and key vendor selection criteria
  3. Where are the EV Components manufactured? What is the average margin per unit?
  4. Market share of Thailand EV Components market manufacturers and their upcoming products
  5. Cost advantage for OEMs who manufacture Thailand EV Components in-house
  6. key predictions for next 5 years in Thailand EV Components market
  7. Average B-2-B EV Components market price in all segments
  8. Latest trends in EV Components market, by every market segment
  9. The market size (both volume and value) of the EV Components market in 2023-2030 and every year in between?
  10. Production breakup of EV Components market, by suppliers and their OEM relationship
Sl noTopic
1Market Segmentation
2Scope of the report
3Abbreviations
4Research Methodology
5Executive Summary
6Introduction
7Insights from Industry stakeholders
8Cost breakdown of Product by sub-components and average profit margin
9Disruptive innovation in the Industry
10Technology trends in the Industry
11Consumer trends in the industry
12Recent Production Milestones
13Component Manufacturing in US, EU and China
14COVID-19 impact on overall market
15COVID-19 impact on Production of components
16COVID-19 impact on Point of sale
17Market Segmentation, Dynamics and Forecast by Geography, 2023-2030
18Market Segmentation, Dynamics and Forecast by Product Type, 2023-2030
19Market Segmentation, Dynamics and Forecast by Application, 2023-2030
20Market Segmentation, Dynamics and Forecast by End use, 2023-2030
21Product installation rate by OEM, 2023
22Incline/Decline in Average B-2-B selling price in past 5 years
23Competition from substitute products
24Gross margin and average profitability of suppliers
25New product development in past 12 months
26M&A in past 12 months
27Growth strategy of leading players
28Market share of vendors, 2023
29Company Profiles
30Unmet needs and opportunity for new suppliers
31Conclusion
32Appendix