Thailand Auto Finance Market Outlook to 2024: Growing Prominence of Captive Finance Companies and Loan Portfolio of Banks acting as a Catalyst for Market Growth

Table 2-1: Thailand Auto Finance Market Definitions including Auto Loans, Financial Institutions, Non-Bank Financial Institutions, Captive Finance Companies, Non-Captive Finance Companies, Commercial Vehicles and Others, 2013-2023
Table 2-2: Abbreviations with their Full Forms Used in the Report
Table 2-3: Correlation Matrix of Thailand Auto Finance Market, 2014-2024F
Table 2-4: Regression Coefficients Output for Thailand Auto Finance Market, 2014-2024F
Table 3-1: Thailand Auto Finance Market Overview and Genesis Including Market Overview, Market Genesis, Key Operating parameters and Change in Auto Loans Over the years, 2019P
Table 4-1: Thailand Auto Finance Market Ecosystem Including Major Banks & Subsidiaries, Non-Banking Financial Institutions, Captive Finances and Auto Manufacturers, 2018P
Table 4-2: Thailand Auto Finance Market Timeline Including Year of Establishment, Entity Name, Entity Type and Market Positioning of Major Players Including Banks, Captive Finances and Non- Banks, 1900-2019P
Table 5-1: Value Chain Analysis of Thailand Auto Finance market Including Initiation Steps and Commission Sharing Process, 2019P
Table 5-2: Analysis of Major Companies and their Relationship with Passenger Car Dealerships and Nature of Business, 2019P
Table 5-3: Value Chain Analysis for Thailand Auto Finance Market Entities-Banks& its Subsidiaries, Captive Finances, Non- Banks and Customers Including Role, Number, Major Players, and Types of Customers, Payment Methods and others, 2019P
Table 5-4: Value Chain Analysis for Thailand Auto Finance Market Including Customer Acquisition, Application Terms, Screening, Insurance, Credit Execution, Payment Method and Collection Reminder Process, 2019P
Table 5-5: Thailand Auto Finance Market Down Payment and Finance of Various Automotives in Thailand including Cars, UV, SUV, Motorcycles, Tri-cycles, Trucks, Buses and Trailers, 2018
Table 5-6: Company Profile of Money Guru Including Overview, Key Features, Major Banks Covered and Key Website Performance Indicators, 2019P
Table 5-7: Company Profile of Go Bear Including Overview, Key Features, Major Banks Covered and Key Website Performance Indicators, 2019P
Table 5-8: Vendor Selection Process in Thailand Auto Finance Market Including Interest Rates, Collaterals, Documentation and Others, 2019P
Table 5-9: Thailand Auto Finance Market Pain Points of Various Entities in Value Chain, 2019P
Table 5-10: Thailand Auto Finance Market Financing Product Features Including Consumer Financing, Leasing and Factoring, 2018
Table 6-1: Rationale and Description for Market Size Analysis in Thailand Auto Finance on the Basis of Credit Disbursed, Auto Loans Outstanding, Number of Automobiles Financed, Growth Drivers, Penetration Rates, Major Associations, Key Business Strategies, Key Selection Parameters and Digital Modes of Payment, 2014-2019P
Table 7-1: Thailand Auto Finance Market Segmentation by New and Used Vehicles on the Basis of Number of Vehicles Financed in Units, 2014-2019P
Table 7-2: Thailand Auto Finance Market Segmentation by Tenure of Loan (1 Year, 2 Years, 3 Years, 4 Years and 5 Years or more) on the Basis of Auto Loan Disbursed in THB Billion, 2019P
Table 7-3: Thailand Auto Finance Market Segmentation by Type of Financing (Passenger Vehicles, Commercial vehicles, Registration Pledge, Floor Plan) on the Basis of Auto Loan Outstanding in THB Billion, 2014-2019P
Table 7-4: Thailand Auto Finance Market Segmentation by Type of Vehicle Financed (New Cars, Used Cars, Motorcycle) on the Basis of Passenger Vehicle Credit Disbursed and Loan Outstanding in THB Billion, 2014-2019P
Table 7-5: Thailand Auto Finance Market Segmentation by Type of Institutions (Banks and Subsidiaries, Captive Finance and Non-Banks Financing Institutions) on the Basis of Auto Loan Outstanding in THB Million, 2018 and 2019P
Table 8-1: Thailand Auto Finance Market Recent Developments, 2019P
Table 10-1: Major Acts that Governs Auto lending in Thailand Auto Finance Market, 2019P
Table 10-2: License Requirement for Thailand Auto Finance Market including Lending Limitations and Interest rate and Charges, 2019P
Table 10-3: Required Documentation for Customers Seeking New Car Financing In Thailand Auto Finance Market
Table 10-4: Required Documentation for Customers Seeking Used Car Financing In Thailand Auto Finance Market
Table 10-5: Analysis of Changes in the Regulations Governing Hire Purchase Contracts in Thailand Auto Finance Market, 2019P
Table 11-1: Thailand Auto Finance Market Snapshot On Automotive Manufacturing and Sales Market Including Overview, Automotive Clusters, Exports and Others, 2018
Table 11-2 Market Share of Major Automobile Passenger Car Companies On The Basis of Sales Volume in Units, 2018
Table 11-3: Market Share of Major Automobile Passenger Car Companies On The Basis of Sales in Units, 2019P
Table 11-4: Market Share of Major Automobile Commercial Car Companies On The Basis of Sales in Units, 2018
Table 11-5: Market Share of Major Automobile Commercial Car Companies On The Basis of Sales in Units, 2019
Table 11-6: Financial Penetration of Major Auto Manufacturing Brands on the basis of Number of Cars financed out of total cars sold, 2019P
Table 12-1: Competition Scenario Analysis of Thailand Auto Finance Market Including Market Nature, Market Stage, Barriers to Entry, Major Entities, Number of Entities, Market Positioning, Types of Services and Major Competing Parameters, 2019P
Table 12-2: Market Share of Major Financial Institutions (Banks, Captives and NBFC’s) on the basis of Loan Outstanding in THB Million, 2018 and 2019P
Table 12-3: Strength and Weakness of Major Banks and Their Subsidiaries in Thailand Auto Finance Market, 2019P
Table 12-4: Market Share of Major Banks and Their Subsidiaries (Thanachart, Ayudhya, TISCO, Siam, Kasikorn, Kiatnakin and Others) on the basis of Loan Outstanding in THB Million, 2018 and 2019P
Table 12-5: Strength and Weakness of Major Captive institutions in Thailand Auto Finance Market, 2019P
Table 12-6: Market Share of Major Captive Institutions (Toyota Leasing, Mercedes, BMW, Isuzu and Others) on the basis of Loan Outstanding in THB Million, 2018 and 2019P
Table 12-7: Strength and Weakness of Major NBFC’s in Thailand Auto Finance Market, 2019P
Table 12-8: Market Share of Major NBFC’s (Asia Sermkij Leasing, Nakhon Luang Capital Limited, Summit Capital, Aeon Thana Sinsap, G Capital Public Limited, J Money Capital and Others) on the basis of Loan Outstanding in THB Million, 2018 and 2019P
Table 13-1: Thanachart Bank Company Profile Including Company Overview, Products and Services, Car Finance, Number of Employees, Number of Branches and Other Parameters, 2019P
Table 13-2: Thanachart Bank Public Company Limited Share Holding Pattern, 2019P
Table 13-3: Thanachart Public Company Limited Key Financials Including Net Interest Income, Net Operating Income, Profit Before Tax, Profit After tax and Others, 2014-2019P
Table 13-4: Company Profile of Bank Of Ayudhya including Company Overview, Products and Services, Number of Employees, Number of Branches and Other Parameters, 2018
Table 13-5: Bank of Ayudhya (Krungsri) Shareholding Pattern, 2019P
Table 13-6: Bank of Ayudhya Company Financials including Net interest income, Net Operating Income, Profit before Tax, Profit after Tax, Profit Attributable to the Bank, Total equity, and Others, 2012-2017
Table 13-7: Company Profile of Ayudhya Capital Auto Lease Public company Limited including Company Overview, Products and Services, Number of Branches and Other Parameters, 2019P
Table 13-8: Company Profile of Siam Commercial Bank (SCB) including Company Overview, Products and Services, Number of Employees, Number of Branches and Other Parameters, 2018
Table 13-9: Siam Commercial Bank Share Holders, 2019P
Table 13-10: Siam Commercial Bank financials including Company Financials including Net interest income, Net Operating Income, Profit before Tax, Profit after Tax, Profit Attributable to the Bank, Total equity and Others, 2014-2019P
Table 13-11: Company Profile of Thai Investment and Securities Company Limited (TISCO) including Company Overview, Products and Services, Number of Employees, Number of Branches and Other Parameters, 2019P
Table 13-12: Hire Purchase Loans for Cars and Motorcycles in THB Million, 2012-2017
Table 13-13: TISCO Financials Including Net interest income, Net Operating Income, Profit before Tax, Profit after Tax, Profit Attributable to the Bank, Total equity and Others, 2012-2017
Table 13-14: Company Profile of Kasikorn Bank Public Company Limited including Company Overview, Products and Services, Number of Employees, Number of Branches and Other Parameters, 2019P
Table 13-15: Kasikorn Bank Share Holders (%), 2019P
Table 13-16: Kasikorn Bank Company Financials including Net interest income, Net Operating Income, Profit before Tax, Profit after Tax, Profit Attributable to the Bank, Total equity and Others, 2014-2019P
Table 13-17: Company Profile of Kiatnakin Bank Public Company Limited including Company Overview, Products and Services, Number of Employees, Number of Branches and Other Parameters, 2019P
Table 13-18: Kiatnakin Bank Share Holding Structure, 2019P
Table 13-19: Company Profiles of Major Captive Finance Institutions (Toyota, Mercedes-Benz, BMW, Mitsubishi, Isuzu, Honda, Mazda) in Thailand Auto Finance Market including Overview, Revenue Streams, Service Portfolio, Payment Methods and Others), 2019P
Table 13-20: Cross Comparison Analysis of Major Captive Institutions (Toyota, Mercedes-Benz, BMW, Mitsubishi, Isuzu, Honda and Mazda) including Parameters such as Average Interest, Average Loan Tenure, Average Down Payment and Collateral, 2019P
Table 13-21: Company Profile of Muangthai Capital including Company Overview, Products and Services, Number of Employees, Number of Branches and Other Parameters, 2019P
Table 13-22: Company Profile of Asia Sermkij Leasing including Company Overview, Products and Services, Number of Employees, Number of Branches and Other Parameters, 2019P
Table 13-23: Company Profile of Aeon Thana Sinsap including Company Overview, Products and Services, Number of Employees, Number of Branches and Other Parameters, 2019P
Table 13-24: Shareholding Structure of Aeon Thana Sinsap, 2019P
Table 14-1: Thailand Auto Finance Expected Market Size and CAGR, Expected Market Growth Trends, Key Catchment Areas and Others, 2019P-2024F
Table 14-2: Thailand Auto Finance Market Segmentation by New and Used Vehicles on the Basis of Number of Vehicles Financed in Units, 2019P-2024F
Table 14-3: Thailand Auto Finance Market Segmentation by Tenure of Loan (1 Year, 2 Years, 3 Years, 4 Years and 5 Years or more) on the Basis of Auto Loan Disbursed in THB Billion, 2019P & 2024F
Table 14-4: Thailand Auto Finance Market Segmentation by Type of Financing (Passenger Vehicles, Commercial vehicles, Registration Pledge, Floor Plan) on the Basis of Auto Loan Outstanding in THB Billion, 2019P & 2024F
Table 14-5: Thailand Auto Finance Market Segmentation by Type of Vehicle Financed (New Cars, Used Cars, Motorcycle) on the Basis of Passenger Vehicle Loan Outstanding in THB Billion, 2019P & 2024F
Table 14-6: Thailand Auto Finance Market Segmentation by Type of Institutions (Banks and Subsidiaries, Captive Finance and Non-Banks Financing Institutions) on the Basis of Auto Loan Outstanding in THB Million, 2019P & 2024F
Table 15-1: Analyst Recommendation for a New Entrant and Existing Players in Thailand Auto Finance Market, 2019P

Figure 1-1: Thailand Auto Finance Market by Credit Disbursed, Auto Loan Outstanding and Number of Vehicles Financed in THB Billion and Units, 2019P
Figure 4-1: Thailand Auto Finance Market Growth Analysis Including Major Market Inflexion Points, Influencing Factors & their Effect, 2010-2019P
Figure 5-1: Thailand Auto Finance Market Operating Model Including OEMs, Cab Aggregators, Banks, Non-Bank Financial Institutions, Captive Institutions and Others, 2019P
Figure 6-1: Thailand Auto Finance Market Size on the Basis of Credit Disbursed and Auto Loan Outstanding in THB Billion, 2014-2019P
Figure 6-2: Thailand Auto Finance Market Credit Disbursed and Auto Loan Outstanding Growth Rates in Percentage (%), 2014-2019P
Figure 6-3: Thailand Auto Finance Market Size on the Basis of Total Number of Vehicles Financed in Units and Growth Rate in Percentage (%), 2014-2019P
Figure 6-4: Thailand Car Finance Penetration for New Cars and Used Cars in Percentage (%), 2014-2019P
Figure 6-5: Thailand Auto Finance Market Loan Proportions for Total Credit Disbursed to Total Loan Outstanding in Percentage (%), 2014-2019P
Figure 7-1: Thailand Auto Finance Market Segmentation by New and Used Vehicles on the Basis of Number of Vehicles Financed in Percentage, 2014-2019P
Figure 7-2: Thailand Auto Finance Market Segmentation by Tenure of Loan (1 Year, 2 Years, 3 Years, 4 Years and 5 Years or more) on the Basis of Auto Loan Disbursed in Percentage, 2019P
Figure 7-3: Thailand Auto Finance Market Segmentation by Type of Financing (Passenger Vehicles, Commercial vehicles, Registration Pledge, Floor Plan) on the Basis of Auto Loan Outstanding in Percentage, 2014-2019P
Figure 7-4: Thailand Auto Finance Market Segmentation by Type of Financing (Passenger Vehicles, Commercial vehicles, Registration Pledge, Floor Plan) on the Basis of Auto Loan Disbursed in Percentage, 2014-2019P
Figure 7-5: Thailand Auto Finance Market Segmentation by Type of Vehicle Financed (New Cars, Used Cars, Motorcycle) on the Basis of Passenger Vehicle Credit Disbursed in Percentage (%), 2014-2019P
Figure 7-6: Thailand Auto Finance Market Segmentation by Type of Vehicle Financed (New Cars, Used Cars, Motorcycle) on the Basis of Passenger Vehicle Loan Outstanding in Percentage (%), 2014-2019P
Figure 7-7: Thailand Auto Finance Market Segmentation by Type of Institutions (Banks and Subsidiaries, Captive Finance and Non-Banks Financing Institutions) on the Basis of Auto Loan Outstanding in Percentage, 2018 and 2019P
Figure 8-1: Prime Lending Interest Rate of Banks in Thailand, 2013-2019P
Figure 8-2: Average Consumer Confidence Index, 2016-2019P
Figure 8-3: New Car Sales in the Thailand Auto Finance Market, 2014-2019P
Figure 8-4: Smartphone and Internet Penetration Rate in Thailand, 2014-20119P
Figure 9-1: Household Debt as a Percentage of GDP, 2014-2019P
Figure 11-1: Market Share of Major Automobile Passenger Car Companies On The Basis of Sales Volume in Percentage, 2018
Figure 11-2: Market Share of Major Automobile Passenger Car Companies On The Basis of Sales in Percentage, 2019P
Figure 11-3: Market Share of Major Automobile Commercial Car Companies on the Basis of Sales Volume in Percentage, 2018
Figure 11-4: Market Share of Major Automobile Commercial Car Companies On The Basis of Sales Volume in Percentage, 2019
Figure 12-1: Market Share of Major Financial Institutions (Banks, Captives and NBFC’s) on the basis of Loan Outstanding in Percentage, 2018 and 2019P
Figure 12-2: Market Share of Major Banks and Their Subsidiaries (Thanachart, Ayudhya, TISCO, Siam, Kasikorn, Kiatnakin and Others) on the basis of Loan Outstanding in Percentage (%), 2018 & 2019P
Figure 12-3: Market Share of Major Captive Institutions (Toyota Leasing, Mercedes, BMW, Isuzu and Others) on the basis of Loan Outstanding in Percentage, 2018 and 2019P
Figure 12-4: Market Share of Major NBFC’s (Asia Sermkij Leasing, Nakhon Luang Capital Limited, Summit Capital, Aeon Thana Sinsap, G Capital Public Limited, J Money Capital and Others) on the basis of Loan Outstanding in Percentage (%), 2018 and 2019P
Figure 13-1: Thanachart Public Company Limited Net Interest Income (Total) in THB Million and Growth Rate in Percentage (%), 2014-2018
Figure 13-2: Thanachart Bank Public Company Limited Total Hire Purchase Loans and Accrued Interest Receivables as a Percentage (%) of Total Loan receivable, 2014-2019P
Figure 13-3: Bank of Ayudhya Net Interest Income in THB Million and Growth Rate in Percentage (%), 2012-2019P
Figure 13-4: Bank of Ayudhya Total Hire Purchase Loans and Accrued Interest Receivables in THB Million and Growth Rate in Percentage (%), 2012-2019P
Figure13-5: Bank of Ayudhya Total Hire Purchase Loans in Percentage (%), 2014-2019P
Figure 13-6: Yield on Loan of Ayudhya Bank, 2014-2019P
Figure 13-7: Siam Commercial Bank Net Interest Income in THB Million and Growth Rate in Percentage (%), 2012-2018
Figure 13-8: Siam Commercial Bank Total Hire Purchase Loans in THB Million and Growth Rate in Percentage (%), 2012-2019P
Figure 13-9 Siam Commercial Bank Total Hire Purchase Loans in Percentage (%) out of Total Loans, 2014-2019
Figure 13-10: Siam Commercial Bank Auto Loans Segmentation on the basis of New Used Cars and MY Car My Cash in Percentage (%), 2013-2019P
Figure 13-11: Yield on Loan of Siam Commercial bank, 2014-2019P
Figure 13-12: TISCO Net Interest Income in THB Million and Growth Rate in Percentage (%), 2012-2018
Figure 13-13: Total Hire Purchase Loans of TISCO Bank in THB Million and Growth Rate in Percentage (%), 2012-2019P
Figure 13-14: TISCO Total Hire Purchase Loans as a Percentage of Total loans, 2013-2019P
Figure 13-15: TISCO Hire Purchase Loans for Motorcycles and Cars in Percentage (%), 2012-2017
Figure 13-16: Yield on Loan of TISCO Bank, 2014-2019P
Figure 13-17: Kasikorn Bank Net Interest Income in THB Million and Growth Rate in Percentage (%), 2012-2018
Figure 13-18: Kasikorn Bank Total Hire Purchase Loans in THB Million and Growth Rate in Percentage (%), 2012-2019P
Figure 13-19: Kasikorn Bank Tenure of Loan in Percentage (%), 2014-2018
Figure 13-20: Kiatnakin Bank Net Interest Income in THB Million and Growth Rate in Percentage (%), 2014-2019P
Figure 13-21: Kiatnakin Bank Total Hire Purchase Loans in THB Million and Growth Rate in Percentage (%), 2014-2019P
Figure 13-22: Kiatnakin Bank Loan portfolio on the basis of new and used cars in Percentage (%), 2014-2019P
Figure 13-23: NPL as a Percentage of Loans for Kiatnakin Bank in Percentage (%), 2014-2019P
Figure 13-24: Yield on Loan for Kiatnakin Bank in Percentage (%), 2014-2019P
Figure 13-25: Muangthai Capital Net Interest Income in THB Million and Growth Rate in Percentage (%), 2014-2019P
Figure 13-26: Muangthai Capital Total Hire Purchase Loans in THB Million and Growth Rate in Percentage (%), 2014-2019P
Figure 13-27: NPL as a Percentage of Loans for Muangthai Capital in Percentage (%), 2014-2019P
Figure 13-28: Asia Sermkij Leasing Net Interest Income in THB Million and Growth Rate in Percentage (%), 2014-2019P
Figure 13-29: Asia Sermkij Leasing Total Hire Purchase Loans in THB Million and Growth Rate in Percentage (%), 2014-2019P
Figure 13-30: NPL of Asia Sermkij Leasing in Percentage (%), 2016-2019P
Figure 13-31: Aeon Thana Sinsap Net Interest Income in THB Million and Growth Rate in Percentage (%), 2014-2019P
Figure 13-32: Aeon Thana Sinsap Total Hire Purchase Loans in THB Million and Growth Rate in Percentage (%), 2014-2019P
Figure 14-1: Thailand Auto Finance Expected Market Size on the Basis of Credit Disbursed in THB Billion and Growth Rate in Percentage (%), 2019P-2024E
Figure 14-2: Thailand Auto Finance Expected Market Size on the Basis of Auto Loan Outstanding in THB Billion, 2018-2023E
Figure 14-3: Thailand Auto Finance Market Segmentation by New and Used Vehicles on the Basis of Number of Vehicles Financed in Percentage, 2019P & 2024F
Figure 14-4: Thailand Auto Finance Market Segmentation by Tenure of Loan (1 Year, 2 Years, 3 Years, 4 Years and 5 Years or more) on the Basis of Auto Loan Disbursed in Percentage, 2024F
Figure 14-5: Thailand Auto Finance Market Segmentation by Type of Financing (Passenger Vehicles, Commercial vehicles, Registration Pledge, Floor Plan) on the Basis of Auto Loan Outstanding in Percentage, 2019P & 2024F
Figure 14-6: Thailand Auto Finance Market Segmentation by Type of Financing (Passenger Vehicles, Commercial vehicles, Registration Pledge, Floor Plan) on the Basis of Auto Loan Disbursed in Percentage, 2019P & 2024F
Figure 14-7: Thailand Auto Finance Market Segmentation by Type of Vehicle Financed (New Vehicle, Used Vehicle, Motorcycle) on the Basis of Passenger Vehicle Credit Disbursed in Percentage, 2019P & 2024F
Figure 14-8: Thailand Auto Finance Market Segmentation by Type of Vehicle Financed (New Vehicle, Used Vehicle, Motorcycle) on the Basis of Passenger Vehicle Loan Outstanding in Percentage, 2019P & 2024F
Figure 14-9: Thailand Auto Finance Market Segmentation by Type of Institutions (Banks and Subsidiaries, Captive Finance and Non-Banks Financing Institutions) on the Basis of Auto Loan Outstanding in Percentage, 2019P & 2024F
Figure 15-1: EV Market Proposed Action Plan, 2016-2030