Thailand Auto Finance Market Outlook to 2024: Ken Research REQUEST FOR SAMPLE REPORT Buy Now Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit The report titled “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” provides a comprehensive analysis of the auto finance market in Thailand. The report focuses on overall market size in terms of credit disbursed, auto loan disbursed, auto loans outstanding and Number of automobiles financed; Thailand auto finance market segmentation by new and used vehicles, by tenure of loan (1 year, 2 years, 3 years, 4 years and 5 years or more), by type of financing (passenger vehicles, commercial vehicles, registration pledge and floor plan), by type of vehicle financed (new cars, used cars and motorcycles) and by type of institutions (banks and subsidiaries, captive finance and non-banks). The report also covers overall comparative landscape including strengths and weaknesses and cross-comparisons; trends and growth drivers, issues and challenges, market share in terms of sales volume, government regulations and company profiles. The report concludes with future projections and analyst recommendations highlighting major opportunities and cautions. Thailand Auto Finance Market Overview and Size The auto finance market has played an imperative role in overall GDP contribution in the Thai economy with a valuable contribution of ~ in terms of auto loan disbursed by the end of 2019. The market compasses similar trends fairly in-line with the domestic vehicle sales market, qualitatively & quantitatively. After witnessing a burst in 2015 the market is currently placed in its recovery phase registering a slow-moving growth rate. Thailand’s auto finance market size in terms of the auto loan outstanding increased during 2014-2019P thus, registering a positive CAGR during the same period. The growth factors include lowering lending rates, growth in new & used car sales, expanding household disposable income and higher farm income along with progressive technological advancements being mandated by the government and the adoption of digitalization by all major financial institutions in the country. To learn more about this report Download a Free Sample Report Thailand Auto Finance Market Segmentation By New and Used Vehicles Financed: Market segmentation is done on the basis of sales of New and Used Vehicles financed. It was observed that out of total vehicle financed, new vehicles captured the majority of the market in 2019P, while used vehicles captured the remaining market of the overall financed vehicle. By Loan Tenure (1 Year, 2 Years, 3 Years, 4 Years and 5 Years or More): During 2019P, it was observed that the most preferable loan tenure was of 2 years and ~ of the credit disbursed was given out for 2 years. After this people preferred taking a loan for 1 year followed by loan for 3 years, loan for 4 years captured and the rest of the market was given for 5 years or more. By Type of Financing (Passenger Vehicles, Commercial Vehicles, Registration Pledge, and Floor Plan): The research showcased that Passenger vehicle finance is the leader in terms of financing acquired in 2019P. After this, the Commercial vehicle segment of the market grabbed the second position and registration pledge covered the 3rd position of the market, while the rest of the total loan outstanding amounts to floor plan loans. By Type of Vehicle financed (New Cars, Used Cars and Motorcycle): It was witnessed that out of passenger loan outstanding, new vehicle loans dominated whereas, the used vehicle loans and motorcycle loan segment captured the remaining market in 2019. By Type of Institutions (Banks and Subsidiaries, Captive Finance and NBFCs Non-Banking Financing Institutions): Banks and subsidiaries segment were observed as the market leader in the Thailand Auto finance market and govern around the majority of the market share in 2019P. It was further observed that captive finance institutions and NBFC’s collectively captured the remaining market in terms of the loan outstanding during 2019. Competitive Landscape of Thailand Auto Finance Market Competition in the market is moderately fragmented. The Major lending institution types in the market are Banks, Captives and Multi Finance Companies, they hold a moderately Fragmented share in the lending space for New Cars. However, the top 6 players in the market make up for almost half of the market share, but the market of Captives and NBFC’s are majorly fragmented and totally amounts to more than 150+ players in the market. These entities majorly compete on the basis of diversification of services; interest rates charged, expanded distribution network and regional presence and enhanced customer relationship. One of the chief competing parameters is digitalization that has completely changed the market along with major strategies used to attract customers & expand business including Cash Your Car and others. Thailand Auto Finance Market Future Outlook Thailand auto finance market is likely to witness the boom in terms of the auto loan outstanding, credit disbursed and a number of vehicles financed especially owing to fast paced developments on the technological front with the development of the Eastern Economic Corridor (EEC). This corridor would facilitate automobile availability in a market with the development of new plants, massively increasing the number of automobiles manufactured. This is expected to increase the number of total vehicles financed in the country. Customers would witness new schemes in the market focusing primarily on customer’s friendly outlook and enable customers to operate auto loans financial services from home, without any hassle. Key Segments Covered:- By Vehicle Financed New Vehicles Used Vehicles By Lender Institutions Banks Captives Non-Banking Finance Companies (NBFCs) By Type of Finance Passenger Vehicle Commercial vehicles Registration Pledge Floor Plan By Type of Vehicle New Auto Used Auto Motorcycles By Loan Tenure between New and Used Autos One Year Two Years Three Years Four Years Five Years or more Key Target Audience Existing Auto Finance Companies Banks OEM Dealerships Captive Finance Companies Credit Unions Private Finance Companies New Market Entrants Government Organizations Investors Automobile Associations Automobile OEMs Time Period Captured in the Report: Historical Period: 2014-2019P Forecast Period: 2019P-2024F Key Companies Covered: Banks Thanachart Bank Ayudhya Bank Siam Commercial Bank TISCO Bank Kiatnakin Bank Kasikorn Bank ICBC Bank Krungthai Bank NBFCs Muangthai Capital Asia Sermkij Leasing Nakhon Luang Capital Limited Thitikorn Summit Capital Group Lease Aeon Thana Sinsap G Capital Public Limited Thai Ace Capital SGF Capital JMT Network Phatra Leasing Company Mitsib Leasing Captives Toyota Leasing Thailand Mercedes-Benz leasing BMW Financial Services MITSU Leasing Thailand Ford Services Thailand Company Limited Honda Leasing Thailand Company Limited Hyundai Motor Thailand Company Limited KIA Motors Finance Mazda Financial Services Limited Suzuki Motor Thailand Company Limited Volvo Financial Services Tri Petch Isuzu Leasing Company Limited Land Rover Financial Services Mini Financial Services Porsche Financial Services Thai Rung Union Auto Public Company Limited Key Topics Covered in the Report:- Thailand Auto Finance Market Overview and Genesis Thailand Auto Finance Market Ecosystem, 2019P Value Chain Analysis of the Thailand Auto Finance Market, 2019P Thailand Finance Market Value Chain Analysis Thailand Auto Finance Market Size, 2013-2019P Thailand Auto Finance Market Segmentation, 20113-2019P Major Trends and Development in Thailand Auto Finance Market Issues and Challenges in Thailand Auto Finance Market Regulatory Framework in the Thailand Auto Finance Market Snapshot on Thailand Automotive Sales and Manufacturing Market, 2014-2019P Ways to Finance Automotives in Thailand (Bank Finance or Multi Financing Companies, Personal Finance, Lease Financing) Vendor Selection Process for Auto Finance Company in Thailand Competitive Landscape Containing Company & Product Profiles in the Thailand Auto Finance Market Financial Penetration of various OEM Brands Thailand Finance Market Future Outlook and Projections, 2019P-2024 Analyst Recommendations for the Thailand Auto Finance Market For More Information On The Research Report, Refer To Below Link:- Thailand Auto Finance Market Analysis Related Reports by Ken Research Vietnam Auto Finance Market Outlook to 2023 – by Loan Tenure, by Type of Institution (Commercial Banks and Non- Banking Financial Institutions) and by Type of Vehicle (Passenger and Commercial) Philippines Auto Finance Market Outlook To 2023 – By Banks And NBFCs Including Captive Units (Auto Loan Portfolio And Motor Cycle Loan Portfolio), By New And Used Motor Vehicles, By Motor Vehicle Financed (Passenger And Commercial Vehicles), By Loan Time Period. Indonesia Auto Finance Market Outlook To 2024: Growing Prominence Of Captive Finance Companies Backed By Surging Auto Sales To Drive Market Growth Contact Us:- Ken Research Ankur Gupta, Head Marketing & Communications support@kenresearch.com +91-9015378249 Tags: Aeon Thana Sinsap Net Interest Income in THB Million, Asia Sermkij Leasing Auto Loan Growth Rate, Auto Finance Industry Thailand, Auto Finance Market Thailand, Auto Finance Thailand, Auto Leasing Market Thailand, Auto Loan Car Sales Thailand, Auto Loan Outstanding Market Thailand, Automobile Loan Market Thailand, Ayudhya Bank Auto Hire Purchase Outstanding Market, Banks Finance Market Share Thailand, Best Car Financing Options Thailand, Captive Finance Companies in Thailand, Captives Thailand Auto Finance Market, Captives Thailand Auto Finance Market Share, Car Loan interest Rate Thailand, Commercial Vehicle Finance Market Thailand, Credit Disbursed Auto Finance Market Thailand, Digitization of Vehicle Finance Market Thailand, Kiatnakin Bank Auto Loan Market Share, Leasing Market in Thailand, Light Commercial Vehicle Finance Market Thailand, Mercedes-Benz Car Finance Market Analysis, Motorbike Loan Market Thailand, Muangthai Capital Car Loan Market Share, NBFCs Thailand Auto Finance Market Size, Non Bank Auto Financial Institutes Thailand, Non-Banking Finance Companies Revenue in Thailand, Old Car Finance Market Thailand, Siam Commercial Bank Auto Hire Purchase, Thailand Auto Credit Disbursed Market Analysis, Thailand Auto Credit Market Future Growth, Thailand Auto Finance, Thailand Auto Finance Industry, Thailand Auto Finance Industry Research Report, Thailand Auto Finance Major Players, Thailand Auto Finance Market, Thailand Auto Finance Market Analysis, Thailand Auto Finance Market End User, Thailand Auto Finance Market Growth Drivers, Thailand Auto Finance Market Major Players, Thailand Auto Finance Market Outlook, Thailand Auto Finance Market Research Report, Thailand Auto Finance Market Segmentation, Thailand Auto Finance Market Tenure, Thailand Auto Hire Purchase Market, Thailand Auto Loan Market, Thailand Auto Loan Outstanding in THB Billion, Thailand Auto Loan Outstanding Market, Thailand Car Finance Market Revenue, Thailand Car Loan Market Forecast, Thailand Light Truck Finance Industry Analysis, Thailand New Vehicle Finance Market Share, Thailand Passenger Car Finance Market, Thailand Used Car Loan Market, Thailand Used Vehicle Finance Market Share, Thailand Vehicle Finance Market Analysis, Thailand Vehicle Loan Industry, Thanachart Bank Auto Hire Purchase Market, Thitikorn PCL Vehicle Loan Market size, TISCO Bank Auto Loan Market Growth Analysis, Toyota Leasing Thailand Car Loan Market Report, Truck Loan Market Thailand, Two Wheeler Loan Market Thailand, การวิเคราะห์ตลาดการเงินรถยนต์ในประเทศไทย, ตลาดการเงินรถยนต์ประเทศไทย, ตลาดการเงินรถยนต์ในประเทศไทย, ตลาดการเงินรถยนต์ไทย, ตลาดสินเชื่อรถยนต์ยอดเยี่ยมแห่งประเทศไทย, ปัจจัยขับเคลื่อนการเติบโตของตลาดสินเชื่อรถยนต์ในประเทศไทย, พยากรณ์ตลาดสินเชื่อรถยนต์ในประเทศไทย, รายงานการวิจัยอุตสาหกรรมนมและผลิตภัณฑ์จากนมถั่วเหลือง, รายรับจากตลาดการเงินรถยนต์ไทย, อุตสาหกรรมการเงินอัตโนมัติประเทศไทย, อุตสาหกรรมสินเชื่อรถยนต์ของไทย