Machinery & Industrial Equipment

Net-importer ~USD 18B; Siam Kubota agri leader; EEC, BOI 3.5, Industry 4.0 localisation push

Last updated: Live coverage

Reports in this sector

2

Market profiles

0

Cited sources

28

Primary-grade share

79%

Key statistics

Public reference figures, each linked to source-level context.

FY2023
~USD 20–25B/yr

Thailand Machinery and Equipment Import Value

Thai Customs Department, BOT, BOI Thailand

FY2023
~25–30% of new elevator installations

Thai-Otis Elevator Market Position

Otis Worldwide Annual Report, Thai Real Estate Association, BOI

FY2023
~40–55% of tier-1 suppliers

CNC Machine Penetration β€” Thai Automotive Parts Sector

JETRO Bangkok, Thailand Automotive Institute, BOI Thailand

FY2023
~THB 30–50B approved investment value/yr

BOI Approved Projects β€” Machinery and Equipment Category

BOI Thailand Investment Statistics, Office of the National Economic and Social Development Council

FY2023
~50,000–70,000 units in operation

Thailand Agricultural Combine-Harvester Fleet Size

Agricultural Machinery Industry Club, Kubota Thailand annual disclosures, Office of Agricultural Economics

2020-2024
~USD 38B (2024)

Thailand machinery and industrial equipment sector value (2020-2024)

Office of Industrial Economics

2020-2024
~USD 89B (2024)

Thailand HS 84-85 machinery and electrical imports (2020-2024)

Thai Customs Department; Ministry of Commerce trade statistics; Bank of Thailand

2020-2024
~134 (2024)

Thailand robot density per 10,000 manufacturing workers (2020-2024)

International Federation of Robotics

2024
Mitsubishi ~22%

Thailand industrial automation supplier share (ranked, 2024)

FTI Automation Industry Club; IFR World Robotics 2024; supplier company disclosures

FY2024
Aapico ~THB 22B

Thai-listed Tier-1 component manufacturer revenue (ranked, 2024)

SET filings, SMIT, SAT); company annual reports; MarkLines

2024
~52%

Industry 4.0 adoption among SET-100 manufacturers

Stock Exchange of Thailand sustainability disclosures; FTI Industry 4.0 survey; Ministry of Industry

FY2024
~50 projects, ~THB 25B

BOI robotics-priority project approvals (2024)

Board of Investment

Cumulative through 2024
~THB 65B cumulative

EEC robotics and automation cumulative investment

Eastern Economic Corridor Office; Board of Investment statistics; industrial estate operator disclosures

Available reports

Thailand Machinery & Industrial Equipment Market Intelligence

Thai machinery: net importer ~USD 18B/yr but growing local manufacturing under EEC, BOI 3.5. Siam Kubota agri, packaging machinery, Mitsubishi Heavy, Yaskawa robotics.

Thailand Machinery & Industrial Equipment Manufacturing Market Intelligence

Thai machinery: net importer (HS 84-85 ~USD 95B in 2024) with rising local cluster. Siam Kubota leads ASEAN agri, AAPICO/Stanley/Somboon listed parts, Yaskawa/FANUC/ABB/KUKA robotics under BOI EEC 3.5.

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Thailand Machinery & Industrial Equipment Market Intelligence

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