Try our business solution for free!

Electronics manufacturing industry in Thailand - statistics & facts

The electronics industry is one of the most impactful industries in the manufacturing sector in Thailand. In 2021, electronics products were Thailand’s main exported products, amounting to over 42 billion U.S. dollars in value, leading other major product groups such as automotive, food, and machinery and equipment. After the COVID-19 pandemic, the electronics manufacturing industry was expected to recover in 2023 due to technology development plans, especially for the production of electronic parts driven by 5G enrollment. The Thai government also promoted the electronics manufacturing industry to support the smart electronics industry as a part of the targeted industries in the Eastern Economic Corridor (EEC) development plan.

The competitiveness of Thailand’s electronics manufacturing industry

In 2019, Thailand ranked the 13th largest hub for electronics manufacturing worldwide. However, with only a 1.8 percent market share of the global electronics exports, Thailand’s electronics manufacturing industry is relatively small compared to other regions like China, Hong Kong, and Taiwan. In the past years, there seemed to be several advantages for electronics production in Thailand, such as low-cost labor , being at the center of the ASEAN region, and being in the ASEAN Free Trade Area (AFTA). But, with rapidly changing technologies and higher cost of labor, Thailand has struggled to be competitive against other neighboring countries like Vietnam and Malaysia. Nonetheless, as of the fourth quarter of 2021, the manufacturing production index (MPI) of the electronics industry in Thailand increased by 4.5 points from the previous quarter, indicating an improvement in the electronics manufacturing industry.

Leading electronics manufacturers in Thailand

As of December 2021, the total number of electronics manufacturers in Thailand amounted to 632, with small-scale enterprises accounting for the majority of electronics manufacturers. Most large-sized electronics manufacturers in Thailand produce integrated circuits and parts of hard disk drives, diodes, transistors, semiconductors, and capacitors. However, small and medium-scaled electronics manufacturers are limited in their technology development ability, producing lower-cost products such as parts and printers for HDDs, cables, and computer parts and equipment. Electronics manufacturers in the country are mostly international companies or joint ventures such as Seagate Technology (Thailand) Ltd. and Western Digital (Thailand) Co., Ltd. As for domestic electronics manufacturers, some of the leading manufacturers are Delta Electronics PCL, Hana Microelectronics PCL, SVI PCL, and KCE Electronics PCL. In 2021, the total revenue generated by Delta Electronics PCL was the highest, amounting to over 85 billion Thai baht.
This text provides general information. Statista assumes no liability for the information given being complete or correct. Due to varying update cycles, statistics can display more up-to-date data than referenced in the text.
Published by Statista Research Department, Jan 11, 2023

Key insights

GDP from manufacturing sector in Thailand
4.4tr THB
Share of electronics exports in Thailand
14%
Share of large-sized electronics producers in Thailand
31%
Get more insights

Editor’s Picks Current statistics on this topic

Gross domestic product (GDP) from the manufacturing sector in Thailand from 2012 to 2021 (in trillion Thai baht)

Metals & Electronics

GDP from manufacturing in Thailand 2012-2021

Export distribution of manufactured goods in Thailand as of February 2022, by product category

Export

Share of manufactured good exports Thailand 2022, by product

Sales value of printed circuit board assembly in Thailand from October 2021 to February 2022 (in billion Thai baht)

Electronics

Sales value of PCBA Thailand 2021-2022

Recommended statistics

Overview

6

Overview

Production

6

Production

Exports

7

Exports

Leading manufacturers

4

Leading manufacturers

Labor and establishments

6

Labor and establishments

Reports & StudiesGet the best reports to understand your industry

Consumer Electronics (CE)
Consumer Electronics (CE)
Household appliance industry in Thailand
Household appliance industry in Thailand
Consumer electronics industry in Thailand
Consumer electronics industry in Thailand
Electronics manufacturing industry in the Philippines
Electronics manufacturing industry in the Philippines
Manufacturing sector in Thailand
Manufacturing sector in Thailand

Contact

Get in touch with us. We are happy to help.
Statista Locations
Contact Vayola Jocelyn
Vayola Jocelyn
Client Support Specialist– Contact (United States)
Email
support@statista.com

Mon - Fri, 9am - 6pm (EST)

Contact Yolanda Mega
Yolanda Mega
Operations Manager– Contact (Asia)
Email
asia.support@statista.com

Mon - Fri, 9am - 5pm (SGT)

Contact Kisara Mizuno
Kisara Mizuno
Senior Business Development Manager– Contact (Asia)
Email
support.japan@statista.com

Mon - Fri, 10:00am - 6:00pm (JST)

Contact Lodovica Biagi
Lodovica Biagi
Director of Operations– Contact (Europe)
Email
eu.support@statista.com

Mon - Fri, 9:30am - 5pm (GMT)

Contact Carolina Dulin
Carolina Dulin
Associate Director - LAC– Contact (Latin America)
Email
support@statista.com

Mon - Fri, 9am - 6pm (EST)

Menu