Key Market Indicators
Thai commercial vehicle registration is projected to reach around 270,000 units by 2026, down 3.8% annually on average from 2021's total of 266,000. This is a decrease of 9.6% compared to 2010. Thailand ranked 19th in 2021, with India taking the lead at 266,000 units. Mexico, Argentina and Australia came in second, third and fourth respectively. Thai commercial vehicle production is expected to reach 1.2 million units in 2026, up 0.8% year-on-year on average from 2021's total of 1.09 million. Since 2002, the supply has decreased by 0.5% year-on-year. Canada topped the rankings in 2021 at 1.09 million units, with China, Mexico and Canada occupying the second, third and fourth spots respectively.
Thailand Commercial Vehicle Market Data and Forecasts
How much will Thailand Commercial Vehicle Market grow to 2026?
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