New York, March 31, 2021 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Competitive Intensity Transforming Thailand’s Off-highway Vehicle Market, 2020” – https://www.reportlinker.com/p06018986/?utm_source=GNW
In 2019, Thailand’s off-highway vehicle equipment market reached a total sales volume of 57,800 units.Of this figure, the sales included 4,000 mini excavators, 3,200 hydraulic excavators, 46,000 tractors, and 3,800 combine harvesters.
The Thai government’s significant investment in infrastructure is forecast to boost national demand for off-highway vehicles. The EEC, a project with investments worth $49.9 billion by 2025, is part of Thailand’s 4.0 program to transform the country into a high value-added economic and logistics hub. The EEC covers 3 provinces—Chachoengsao, Chonburi, and Rayong—in southeastern Thailand and seeks to develop…
