Key Market Indicators
By 2026, Thai Vehicle Registration is forecast to reach 873,970 units. This is a decrease of 0.1% compared to 2021. Since 2010, the market's growth rate was 1.2% year on year. Thai Vehicle Production is estimated to reach 2,445,400 units in 2026, a 1.7% year on year average increase. This is up from 2,185,200 units in 2021. Since 2002, the market has grown by an average of 2.4% year on year. In 2021, Thailand was the 10th largest vehicle producer in the world, behind Brazil, the United States, Japan and India.