{"id":2303,"date":"2025-11-05T07:47:09","date_gmt":"2025-11-05T07:47:09","guid":{"rendered":"https:\/\/www.advantage.co.th\/?p=2303"},"modified":"2025-11-17T02:03:52","modified_gmt":"2025-11-17T02:03:52","slug":"key-manufacturing-trends-and-factory-growth-drivers-in-thailand","status":"publish","type":"post","link":"https:\/\/www.advantage.co.th\/en\/key-manufacturing-trends-and-factory-growth-drivers-in-thailand\/","title":{"rendered":"Key manufacturing trends and factory growth drivers in Thailand"},"content":{"rendered":"\n

<\/p>\n\n\n\n

<\/p>\n\n\n\n

Major growth areas & investment sectors<\/h3>\n\n\n\n
    \n
  1. Electronics \/ Electrical Appliances \/ PCB & advanced electronics<\/strong>\n
      \n
    • The Thailand Board of Investment (BOI) reports that for January-September 2024, approved investment value hit ~ 745,962 million baht (~US$\u200920-25\u2009billion) \u2014 up ~40 % year-on year<\/li>\n\n\n\n
    • Within that, electronics \/ electrical appliances (including solar, smart electronics) accounted for nearly half of the approved investment value in 2023.<\/li>\n\n\n\n
    • On PCBs: Thailand is emerging as a top-5 global hub for PCB manufacturing, with ~180 projects worth over 200 billion baht between 2022-mid-2025.<\/li>\n\n\n\n
    • Implication: For your manufacturing\/quality engineering context (electronics, PCBA, SMT), Thailand is scaling rapidly in higher value electronics. Good environment to leverage quality systems.<\/li>\n<\/ul>\n<\/li>\n<\/ol>\n\n\n\n

      Automotive \/ e-Mobility \/ Vehicle parts<\/strong><\/p>\n\n\n\n

        \n
      • The automotive & parts sector is one of the top categories for expansion investments (January-July 2025: vehicle\/auto parts manufacturing top in expansion).<\/li>\n\n\n\n
      • Thailand retains strong automotive manufacturing heritage (pick-ups, parts, exports) and is now seeing transition to EVs and related supply chain. (See news note: e.g., Hyundai Motor Company invests in EV assembly\/batteries in Thailand)<\/li>\n\n\n\n
      • For a quality engineer in PCBA\/SMT, this means supplier ecosystems for automotive electronics are growing \u2014 raising expectations for supplier quality, automotive-grade standards, etc<\/li>\n<\/ul>\n\n\n\n

        Geographic & regulatory enablers<\/strong><\/p>\n\n\n\n

          \n
        • The number of factories licensed for operation in H1 2024 increased: new operations up ~25% vs H1 2023; expansions up ~83%.<\/li>\n\n\n\n
        • Outside just listing, licences for establishing\/expanding large-scale factories outside industrial estates reached 2,598 factories in 2023, investment value 356.14 billion baht (+23% vs 2022) and employed ~106,631 people.<\/li>\n<\/ul>\n\n\n\n

          <\/p>\n","protected":false},"excerpt":{"rendered":"

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