DUBLIN–(BUSINESS WIRE)–The “Competitive Intensity Transforming Thailand’s Off-Highway Vehicle Market, 2020” report has been added to ResearchAndMarkets.com’s offering.
This study analyzes the off-highway vehicle market in Thailand, focusing on the construction and mining equipment (earthmoving equipment) and agriculture equipment segments. It presents the current scenario in the off-highway vehicle market in Thailand and provides analysis and forecast to 2025.
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…
