World Economy

Automation Reshaping Thai Economy

Automation Reshaping Thai Economy
Automation Reshaping Thai Economy

The size of Thailand’s shipment of industrial robots is estimated to increase by 133% from 2,131 units in 2013 to 7,500 units in 2018, according to Duangjai Asawachin­tachit, secretary-general of Thailand Board of Investment.

She added that value creation is the key focus in transforming Thailand under the Thailand’s Fourth Industrial Revolution, or 4.0 model. In the manufacturing sector, robotics and automation technology plays a key role in creating value and that’s why it has become a key player in the country’s future, ANN reported.

Over the last three decades, Thailand has become a leader in the global automotive and electronics and electrical appliance industries, the two industries that mainly drive global robotics and automation growth.

As the world’s second-largest global producer and exporter of hard-disk drives and the world’s sixth-largest commercial vehicle producer, Thailand has been using robotics and automation technology. With continuous adoption of such technology, it is now time for Thailand to go for more advanced technology to support the transformation of its economy under the Thailand 4.0 model.

“We now see many companies transitioning into industry 4.0, making use of artificial intelligence, big data management and the Internet of Things to seamlessly work together to exponentially increase both production and productivity,” Duangjai said.

Over the past few years, manufacturers in Thailand have invested heavily in machinery and systems to increase the utilization of automation system and remain competitive in the global manufacturing arena.

In addition, 50% of Thai manufacturers are considering the adoption of automation systems within 1-3 years while medium-sized businesses will be ready in 3-5 years, followed by small companies in five years or more. This development has opened greater opportunities in Thailand’s robotics and automation industry.


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