We use cookies to improve your experience and for marketing. Read our cookie policy or manage cookies.

Accept essential cookies
Accept all cookies
Report Thailand - Thermostats - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update May 1, 2025

Thailand - Thermostats - Market Analysis, Forecast, Size, Trends and Insights

Single report
Sent by email within 24h (Mon-Fri)
What's the difference?
Subscription
Online access and download
from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Thailand: Thermostat Market 2025

Thermostat Market Size in Thailand

In 2021, the Thai thermostat market decreased by 0% to $X, falling for the third year in a row after four years of growth. Over the period under review, consumption showed a relatively flat trend pattern. Thermostat consumption peaked at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.

Thermostat Production in Thailand

In value terms, thermostat production totaled less than $X in 2021 estimated in export price. In general, production continues to indicate a relatively flat trend pattern.

Thermostat Exports

Exports from Thailand

In 2019, the amount of thermostats exported from Thailand was estimated at X units, picking up by 8.4% against the previous year's figure. In general, exports showed resilient growth. The pace of growth appeared the most rapid in 2013 when exports increased by 65%. The exports peaked in 2019 and are expected to retain growth in the immediate term.

In value terms, thermostat exports soared to $X in 2019. Overall, exports continue to indicate a buoyant expansion. The growth pace was the most rapid in 2013 when exports increased by 63%. The exports peaked in 2019 and are likely to continue growth in the immediate term.

Exports by Country

South Korea (X units) was the main destination for thermostat exports from Thailand, accounting for a 31% share of total exports. Moreover, thermostat exports to South Korea exceeded the volume sent to the second major destination, Malaysia (X units), threefold. The third position in this ranking was taken by Egypt (X units), with a 7.9% share.

From 2012 to 2019, the average annual rate of growth in terms of volume to South Korea stood at +285.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Malaysia (+30.6% per year) and Egypt (+12.0% per year).

In value terms, South Korea ($X) remains the key foreign market for thermostats exports from Thailand, comprising 30% of total exports. The second position in the ranking was held by Malaysia ($X), with an 11% share of total exports. It was followed by Egypt, with a 7.9% share.

From 2012 to 2019, the average annual rate of growth in terms of value to South Korea totaled +340.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Malaysia (+29.6% per year) and Egypt (+11.1% per year).

Export Prices by Country

In 2019, the average thermostat export price amounted to $X per unit, surging by 7.1% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2017 an increase of 11% against the previous year. The export price peaked at $X per unit in 2012; however, from 2013 to 2019, the export prices remained at a lower figure.

Average prices varied noticeably for the major export markets. In 2019, amid the top suppliers, the countries with the highest prices were Australia ($X per unit) and Japan ($X per unit), while the average price for exports to Pakistan ($X per unit) and South Korea ($X per unit) were amongst the lowest.

From 2012 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Pakistan (+65.7%), while the prices for the other major destinations experienced mixed trend patterns.

Thermostat Imports

Imports into Thailand

After four years of growth, purchases abroad of thermostats decreased by -5.4% to X units in 2019. Overall, imports saw a mild decline. The growth pace was the most rapid in 2018 with an increase of 12%. Over the period under review, imports reached the maximum at X units in 2012; however, from 2013 to 2019, imports remained at a lower figure.

In value terms, thermostat imports shrank modestly to $X in 2019. In general, imports showed a relatively flat trend pattern. The growth pace was the most rapid in 2016 with an increase of 11% against the previous year. Imports peaked at $X in 2018, and then declined slightly in the following year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The countries with the highest volumes of in 2021 were China, India and Hong Kong SAR, together accounting for 42% of global consumption.
China constituted the country with the largest volume of thermostat production, comprising approx. 38% of total volume. Moreover, thermostat production in China exceeded the figures recorded by the second-largest producer, India, twofold. The third position in this ranking was occupied by Mexico, with a 5.9% share.
In value terms, the largest thermostat suppliers to Thailand were Japan, China and Vietnam, together accounting for 64% of total imports.
In value terms, South Korea remains the key foreign market for thermostat exports from Thailand, comprising 44% of total exports. The second position in the ranking was occupied by Malaysia, with a 10% share of total exports. It was followed by Japan, with an 8% share.
In 2021, the average thermostat export price amounted to $2.3 per unit, reducing by -3.5% against the previous year.
The average thermostat import price stood at $2.2 per unit in 2021, which is down by -7.5% against the previous year.

This report provides an in-depth analysis of the thermostat market in Thailand. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 26517015 - Electronic thermostats
  • Prodcom 26517019 - Non-electronic thermostats

Country coverage:

  • Thailand

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Thailand
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND THE AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDSThis Chapter is Available Only for the Professional EditionPRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and its Prospects

    1. MARKET SIZE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    2. MARKET STRUCTURE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    3. TRADE BALANCE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    4. PER CAPITA CONSUMPTION: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    5. MARKET FORECAST TO 2035

  4. 4. MOST PROMISING PRODUCTS FOR DIVERSIFICATION

    Finding New Products to Diversify Your Business

    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCTS
    4. MOST TRADED PRODUCTS
    5. MOST PROFITABLE PRODUCTS FOR EXPORTS

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Export

    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    2. IMPORTS BY COUNTRY: HISTORICAL DATA (2012–2024)
    3. IMPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024)

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    2. EXPORTS BY COUNTRY: HISTORICAL DATA (2012–2024)
    3. EXPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024)

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

  11. LIST OF TABLES

    1. Key Findings In 2024
    2. Market Volume, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    3. Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
    4. Per Capita Consumption: Historical Data (2012–2024) and Forecast (2025–2035)
    5. Imports, In Physical Terms, By Country, 2012–2024
    6. Imports, In Value Terms, By Country, 2012–2024
    7. Import Prices, By Country, 2012–2024
    8. Exports, In Physical Terms, By Country, 2012–2024
    9. Exports, In Value Terms, By Country, 2012–2024
    10. Export Prices, By Country, 2012–2024

  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    2. Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
    3. Market Structure – Domestic Supply vs. Imports, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    4. Market Structure – Domestic Supply vs. Imports, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    5. Trade Balance, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    6. Trade Balance, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    7. Per Capita Consumption: Historical Data (2012–2024) and Forecast (2025–2035)
    8. Market Volume Forecast to 2035
    9. Market Value Forecast to 2035
    10. Market Size and Growth, By Product
    11. Average Per Capita Consumption, By Product
    12. Exports and Growth, By Product
    13. Export Prices and Growth, By Product
    14. Production Volume and Growth
    15. Exports and Growth
    16. Export Prices and Growth
    17. Market Size and Growth
    18. Per Capita Consumption
    19. Imports and Growth
    20. Import Prices
    21. Production, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    22. Production, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    23. Imports, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    24. Imports, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    25. Imports, In Physical Terms, By Country, 2024
    26. Imports, In Physical Terms, By Country, 2012–2024
    27. Imports, In Value Terms, By Country, 2012–2024
    28. Import Prices, By Country, 2012–2024
    29. Exports, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    30. Exports, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    31. Exports, In Physical Terms, By Country, 2024
    32. Exports, In Physical Terms, By Country, 2012–2024
    33. Exports, In Value Terms, By Country, 2012–2024
    34. Export Prices, By Country, 2012–2024

Recommended reports

Asia - Thermostats - Market Analysis, Forecast, Size, Trends and Insights
$599
May 1, 2025
Eye 302

This report provides an in-depth analysis of the thermostat market in Asia.

World - Thermostats - Market Analysis, Forecast, Size, Trends and Insights
$599
May 1, 2025
Eye 1178

This report provides an in-depth analysis of the global thermostat market.

EU - Thermostats - Market Analysis, Forecast, Size, Trends and Insights
$599
May 1, 2025
Eye 490

This report provides an in-depth analysis of the thermostat market in the EU.

U.S. - Thermostats - Market Analysis, Forecast, Size, Trends and Insights
$599
May 1, 2025
Eye 413

This report provides an in-depth analysis of the thermostat market in the U.S..

China - Thermostats - Market Analysis, Forecast, Size, Trends and Insights
$599
May 1, 2025
Eye 397

This report provides an in-depth analysis of the thermostat market in China.

Free Data: Thermostats - Thailand
Table
Thermostats - Thailand - Table
Dashboard
Thermostats - Thailand - Dashboard
Report
Thermostats - Thailand - Report