Thailand targets being 4th largest producer of electronic circuits
, Thailand
894 views

Thailand aims to become 4th largest producer of electronic circuits

Currently, Thailand holds a 4% market share in electronic circuits. 

To meet the labour needs of this industry, the Thai Printed Circuit Association (THPCA) president Pithan Ongkosit announced plans to set up a national Electronics Circuit Centre.

The global printed circuit board (PCB) market is projected to reach approximately US$86.17b by 2026, with an average annual growth rate of 3.3%.

High-Density Interconnect (HDI) PCBs, known for their compact size, efficiency, and lightweight design, are expected to grow at an 11.1% rate. 

Flexible PCBs are also in demand for wearable technology and smart devices, with the market expected to reach around US$15.29b by 2026.

To strengthen the industry, THPCA is collaborating with the Thai Microelectronics Centre (TMEC) to establish the Thailand Electronics Circuit Centre (TECC). 

This centre will focus on research and development, enhancing the local supply chain, producing PCB prototypes, and continuously developing personnel and electronic products in the country. 

These efforts are aimed at fostering the growth and sustainability of Thailand's electronics industry.

Thailand's infrastructure, skilled workforce and strong supply chains have made it an attractive destination for global investors, particularly in the electronics and PCB industries. 

The electrical appliances and electronics industry rank first amongst export goods and accounts for a quarter of total exports in Thailand. With significant investments in the sector, Thailand is poised to become a key player in the global electronics circuit market.

This platform aims to showcase Thailand's potential as the hub for electronics circuit manufacturing in ASEAN and globally.

Join Manufacturing Asia community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!