Subcon Thailand is now taking place at BITEC in Bangkok. According to Fastener World’s correspondent onsite, many visitors coming to our stand are looking for fastening products and automotive components. These visitors asking for Fastener World’s latest publications are mostly from local Thailand, USA, Germany, Japan, China, India, etc.
Subcon Thailand 2019 is co-located with Intermach and mta Asia. Several Taiwanese companies have their stands in the three thematic areas. The Taiwanese exhibitors include Tzong Ji Metals, Budstech, Special Rivets Corp, etc., which are present to demonstrate their excellent technique. According to the organizer’s statistics, around 400 high-quality manufacturers from 17 countries come to exhibit and it also expects that around 25,000 potential buyers from automotive, aerospace, medical and robotics segments will visit the show this year.
The statistics also reveal that more than 50% of the visitors coming to the show over the past years were buyers or business owners, and they were mostly from automotive (26%), mechanical processing (19%) and construction (17%) industries.
Thailand is the second largest economy in ASEAN and the automotive industry in the country is very well-developed. The Thai Government is also now actively pushing the introduction of Industry 4.0 into its manufacturing and is planning some relevant economic policies as well to boost the domestic demand, which is expected to further boost the demand of peripheral industries, too.