Thailand is considered Southeast Asia's regional powerhouse in terms of automobile production and is the 12th largest producer of consumer and commercial vehicles worldwide. Thailand's automobile sector contributes 12% to the country's GDP and accounts for over US$54 billion in revenue. In 2016, the country's motor vehicle exports stood as 1.19 million units with a contribution of more than US$18 billion to the Thailand economy. Despite the value-add that the automobile sector brings in, there are still infrastructural gaps that could improve overall industry productivity. The government of Thailand has realized the importance of emerging technologies in improving data visibility, which would ultimately lead to streamlined manufacturing operations.
This IDC presentation discusses in detail such initiatives along with the existing challenges, opportunities, and recommendations for the OEMs. "The growth of emerging technologies such as IoT, robotics, and analytics has enabled the Thailand automotive sector to bring in increased automation that has improved the associated manufacturing efficiencies and reduced challenges around manufacturing productivity," says Sampath Kumar Venkataswamy, research manager, IDC Manufacturing Insights, Asia/Pacific.