1、 MARKET REPORT JANUARY 2025 THAILAND AUTOMOTIVE MARKET REPORT 1 1 PAGE THAILAND AUTOMOTIVE MARKET REPORT CONTENTS Introduction Mike Hawes OBE,Chief Executive,SMMT 2 Foreword Ben Morley,Commercial Counsellor and Country Director Trade British Embassy Bangkok 3 Report Overview 4 Thailand Automotive Pr

2、oduction Overview 4 Thailand Automotive Market Overview 9 State of Technology 13 Policy 17 Trade Partnership 19 Opportunity Areas 19 Things to consider for UK companies 22 Closing:SMMT Support 25 2 2 PAGE THAILAND AUTOMOTIVE MARKET REPORT INTRODUCTION SMMT helps automotive and mobility companies in

3、the UK grow their business overseas through a programme of international activities.Thailand has been a mainstay of that programme and,through a series of UK exhibition groups over the last three years,we have seen how the Thai automotive sector offers tremendous opportunities for UK firms.The autom

4、otive sector plays an important role in Thailands economy,positioning Thailand as one of Southeast Asias key automotive manufacturing hubs.Over the past few decades,the industry has seen significant growth,driven by both domestic demand and a strong export market.Supportive government policies have

5、attracted international companies to Thailand,which is now home to several international vehicle manufacturers,seven major research centres and more than 2,400 suppliers.This report provides an in-depth analysis of the current state of the Thai automotive sector,including production trends,key marke

6、t players,and emerging challenges and opportunities including the shift towards electric vehicles.This report will help UK firms better understand the automotive sector in Thailand and identify growth opportunities for their business.Accordingly,the report includes key considerations and recommendat