Sophisticated electronic components are the next great phase of emphasis in Thailand’s robust automotive industry. As consumers demand increasingly smarter vehicles, the R&D and production activity in the country’s automotive electronics sector continues to expand, with unlimited high-tech investment opportunities.
Still, most such components currently used in Thailand are sourced abroad, meaning there is ample space for entrepreneurs to come in and start up production facilities that would reduce the import dependency.
A sector wide open for business growth, Thai automotive electronic components can be concentrated in several categories: systems for controlling power or engine and transmission electronics, safety systems, chassis and suspension electronics, driver assistance such as collision avoidance warning and night vision sensing, passenger comfort, information systems and in-car entertainment. As technologies converge, a modern car now has more than 100 electronic control units, each with the potential to function better and better through constant innovation.
As one example, for higher and higher levels of reliability and functionality, breakthroughs in power performance can involve better fuel injection, shift changes, emission control and lubrication. Safety is also ripe for investment by developers of improved anti-lock braking, traction control, air bags, hill descent control, blind spot detection, automatic wipers and headlamp beams that adjust on their own.