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Thailand Semiconductor Market (2024-2030): Industry, Analysis, Forecast, Value, Growth, Outlook, Companies, Revenue, Share, Size & Trends: Market Forecast By Component, By Vertical And Competitive Landscape

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    Report

  • 74 Pages
  • July 2023
  • Region: Thailand
  • 6W Research
  • ID: 6005968

Thailand semiconductor market thrived before the pandemic, driven by increasing demand for electronic devices and enhanced manufacturing capabilities, bolstered by government incentives and a growing tech ecosystem. However, semiconductor shortages negatively impacted downstream production in 2020. Nonetheless, in 2021, the market saw notable expansion fueled by heightened demand for laptops, personal computers, and other electronic devices due to the work-from-home trend. Additionally, in August 2021, the BOI implemented a range of tax incentives aimed at bolstering the semiconductor industry in Thailand.

According to the research, Thailand Semiconductor Market size is projected to grow at a CAGR of 10.8% during 2024-2030. Thailand semiconductor industry is poised for a significant growth in the future, aiming for a transformation into a front-end process and higher complexity back-end semiconductor manufacturer. This vision is supported by increased foreign investments and proactive measures from the BOI. Additionally, semiconductor firms like Sony and Toshiba are diversifying their investments towards upstream processes within Thailand.

Additionally, the Thai government offers attractive policies and incentives, including enhanced benefits from the BOI for semiconductor manufacturing, encompassing investments across the entire supply chain. Furthermore, Thailand has fostered a favorable policy environment to propel the growth of the electric vehicle (EV) market, with projections indicating EV production reaching 1.05 million units by 2025 and expansion to 18.41 million units by 2035, thereby further stimulating market growth.

Market Segmentation by Component

Integrated Circuit is expected to experience accelerated growth in Thailand, due to government initiatives aimed at bolstering the electronics manufacturing industry. This support is part of the broader strategy to foster the smart electronics sector within the Eastern Economic Corridor (EEC) development plan.

Market Segmentation by Vertical

Automotive electronic generated significant revenue driven by initiatives in smart mobility, especially the focus on electric vehicles, with a goal of reaching approximately 1.05 million EVs by 2025. This increased demand for advanced semiconductor solutions is further supported by projects like Bangkok's AI-powered traffic management and Transport Co.'s strategy to integrate electric vehicles.

Key Attractiveness of the Report

  • 10 Years of Market Numbers.
  • Historical Data Starting from 2020 to 2023.
  • Base Year: 2023
  • Forecast Data until 2030.
  • Key Performance Indicators Impacting the Market.
  • Major Upcoming Developments and Projects.

Key Highlights of the Report

  • Thailand Semiconductor Market Overview
  • Thailand Semiconductor Market Outlook
  • Thailand Semiconductor Market Forecast
  • Historical Data and Forecast of Thailand Semiconductor Market Revenues for the Period 2020-2030F
  • Historical Data and Forecast of Thailand Semiconductor Market Revenues, By  Components for the Period 2020-2030F
  • Historical Data and Forecast of Thailand Semiconductor Market Revenues, By Verticals for the Period 2020-2030F
  • Market Drivers and Restraints
  • Market Trends
  • Industry Life Cycle
  • Thailand Semiconductor Market - Porter’s Five Forces
  • Market Opportunity Assessment
  • Company Shares
  • Market Competitive Benchmarking
  • Company Profiles
  • Key Strategic Recommendations
  • Market Scope and Segmentation

The report provides a detailed analysis of the following market segments:

By Component

  • Discrete
  • Optoelectronics
  • Sensors
  • Integrated Circuit

By Vertical

  • Automotive Electronic
  • Consumer Electronic
  • Industrial Electronic
  • Computing and Data Storage
  • Wired Communication
  • Wireless communication

Table of Contents


1. Executive Summary
2. Introduction
2.1 Report Description
2.2 Key Highlights of the Report
2.3 Market Scope & Segmentation
2.4 Research Methodology
2.5 Assumptions

3. Thailand Semiconductor Market Overview
3.1 Thailand Semiconductor Market Revenues (2020-2030F)
3.2 Thailand Semiconductor Market Industry Life Cycle
3.3 Thailand Semiconductor Market Porter's Five Forces

4. Thailand Semiconductor Market Dynamics
4.1 Impact Analysis
4.2 Market Drivers
4.3 Market Restraint

5. Thailand Semiconductor Market Trends
6. Thailand Semiconductor Market Revenue Share & Revenues, By Components, (2020-2030F)
6.1 Thailand Semiconductor Market Revenue Share & Revenues, By Components, (2020-2030F)
6.1.1 Thailand Semiconductor Market Revenues, By Discrete, 2020-2030F
6.1.2 Thailand Semiconductor Market Revenues, By Optoelectronics, 2020-2030F
6.1.3 Thailand Semiconductor Market Revenues, By Sensors, 2020-2030F
6.1.4 Thailand Semiconductor Market Revenues, By Intergaretd Circuit, 2020-2030F
6.1.4.1 Thailand Semiconductor Market Revenues, By Analog, 2020-2030F
6.1.4.2 Thailand Semiconductor Market Revenues, By Micro, 2020-2030F
6.1.4.3 Thailand Semiconductor Market Revenues, By Logic, 2020-2030F
6.1.4.4 Thailand Semiconductor Market Revenues, By Memory, 2020-2030F

7. Thailand Semiconductor Market Overview, By Vertical
7.1 Thailand Semiconductor Market Revenue Share & Revenues, By Vertical, (2020-2030F)
7.1.1 Thailand Semiconductor Market Revenues, By Automotive Electronic (2020-2030F)
7.1.2 Thailand Semiconductor Market Revenues, By Consumer Electronic (2020-2030F)
7.1.3 Thailand Semiconductor Market Revenues, By Industrial Electronic (2020-2030F)
7.1.4 Thailand Semiconductor Market Revenues, By Computing and Data Storage (2020-2030F)
7.1.5 Thailand Semiconductor Market Revenues, By Wired Communication (2020-2030F)
7.1.6 Thailand Semiconductor Market Revenues, By Wireless communication (2020-2030F)

8. Thailand Semiconductor Market Key Performance Indicators
9.Thailand Semiconductor Market Opportunity Assessment
9.1 Thailand Semiconductor Market Opportunity Assessment, By Components (2030F)
9.2 Thailand Semiconductor Market Opportunity Assessment, By Verticals (2030F)

10. Thailand Semiconductor Market Competitive Landscape
10.1 Thailand Semiconductor Market Revenue Ranking, By Companies (2023)
10.2 Thailand Semiconductor Market Competitive Benchmarking, By Technical Parameters
10.3 Thailand Semiconductor Market Competitive Benchmarking, By Operating Parameters

11. Company Profiles
11.1 Intel Corporation
11.2 Microchip Technology Inc.
11.3 Silicon Craft Technology PLC
11.4 Texas Instruments Inc.
11.5 STMicroelectronics
11.6 AMD Inc.
11.7 ON Semiconductor (Thailand) Co. Ltd
11.8 Sony Device Technology (Thailand) Co.
11.9 Maxim Integrated Products (Thailand) Co
11.10 NXP Manufacturing (Thailand) Ltd.
11.11 Toshiba Semiconductor (Thailand) Co., Ltd
11.12 ROHM Integrated Systems (Thailand) Co., Ltd
11.13 Samsung Semiconductor Inc

12. Key Strategic Recommendation13. Disclaimer
List of Figures
1. Thailand Semiconductor Market Revenues, 2020-2030F ($ Billion)
2. Thailand’s EV Production Target, (Million units)
3. Thailand’s EV Use Target, (Million units)
4. Thailand Data Center Capacity (In MW), 2023 & 2028F
5. Thailand Internet Penetration (In Percent), (2018-2022)
6. Thailand Semiconductor Market Revenue Share, By Components, 2023 & 2030F
7. Thailand Semiconductor Market Revenue Share, By Integrated Circuit, 2023 & 2030F
8. Thailand Semiconductor Market Revenue Share, By Verticals, 2023 & 2030F
9. Thailand Region-wise Digital Opportunities and Percentage Share of Total Digital Opportunities, 2030F, (Billion $, %)
10. Thailand IoT Market, 2018 & 2030F, ($ Million)
11. Thailand Automotive sales, By Vehicles, 2015-2022 9 (Hundred Thousand Units)
12. Thailand Semiconductor Market Opportunity Assessment, By Components (2030F)
13. Thailand Semiconductor Market Opportunity Assessment, By Verticals (2030F)
14. Thailand Semiconductor Market Revenue Ranking, By Company, 2023

List of Tables
1. Thailand Semiconductor Market Revenues, By Components, 2020-2030F ($ Billion)
2. Thailand Semiconductor Market Revenues, By Verticals, 2020-2030F ($ Billion)
3. Smart Mobility Project by Region and Cost (In USD Million)
4. Smart Mobility Project By Region & Cost (USD Million)

Companies Mentioned

  • Intel Corporation
  • Microchip Technology Inc.
  • Silicon Craft Technology PLC 
  • Texas Instruments Inc.
  • STMicroelectronics
  • AMD Inc.
  • ON Semiconductor (Thailand) Co. Ltd
  • Sony Device Technology (Thailand) Co.
  • Maxim Integrated Products (Thailand) Co
  • NXP Manufacturing (Thailand) Ltd.
  • Toshiba Semiconductor (Thailand) Co., Ltd
  • ROHM Integrated Systems (Thailand) Co., Ltd
  • Samsung Semiconductor Inc