THAILANDSICThailand Standard Industrial Classification

TSIC Activity

46599

Wholesale of other machinery and equipment, not elsewhere classified

ประกอบกิจการจำหน่าย ให้บริการติดตั้ง ซ่อมแซม บํารุงรักษา เครื่องปรับอากาศ รวมถึงอุปกรณ์ที่เกี่ยวข้องทุกประเภท

What this activity covers

Wholesale of various industrial machinery and equipment, including electrical appliances and safety equipment.

  • Industrial installation equipment — Wholesale of wires, switches, and installation equipment for industrial use
  • Electrical appliances — Wholesale of electric motors, transformers, and power supplies
  • Refrigeration equipment — Wholesale of refrigeration and air-conditioning equipment
  • Safety equipment — Wholesale of safety and fire-fighting equipment
  • Elevators and conveyors — Wholesale of elevators and conveyor belts
  • Laboratory equipment — Wholesale of laboratory equipment and scientific instruments
  • Measuring instruments — Wholesale of measuring instruments and equipment

What companies here also do

Seen in real company registrations under this code — beyond the official definition, so licensing may differ.

  • Installation services — Companies also install equipment and systems
  • Repair services — Companies provide maintenance and repair services for machinery
  • Trade of spare parts — Companies trade spare parts for various equipment

Not included here

  • Wholesale of electronic devices and components. See 46521 activities.
  • Wholesale of telephones and telecommunications equipment. See activities 46522

Foreign ownership

List 3: Restricted, FBL/BOI route availableinherited from 46

Wholesale of goods of all kinds, where the minimum capital per store is below the level prescribed in the Act

Not a hard restriction — only applies while under-capitalised. A foreign-majority wholesaler is exempt from this List 3 item (no Foreign Business Licence needed) once minimum registered capital reaches the Act's threshold, typically THB 100 million per store. Verify current ministerial-regulation figures.

FBA B.E. 2542, List 3 (15)Routes: Foreign Business Licence, BOI promotion, US Treaty of Amity

Auto-mapped, verify against the Act. These TSIC mappings are indicative, not legal advice; the schedules of the Foreign Business Act B.E. 2542 are the authority. See the full foreign ownership reference.

Industry at a glance

as of 23 ก.ค. 69

The whole registered industry under this activity, every registration year, from the DBD DataWarehouse.

16,720
active companies operate here
฿125.6Bregistered capital, combined
฿476.9B
Sector revenue · 2025
-5% since 2023
฿17.3B
Net profit · 2025
8,468 profitable
202320242025

net profitrevenue

Foreign investment

new registrations · 2026 YTD
41%of new registered capital is foreign-held
฿417.7M foreign฿591.7M Thai

Foreigners are strongly represented in new investment under this activity.

5 of the 5 largest companies here are foreign-owned Thailand subsidiaries.

New in 2026

490-30.2%

registrations, YTD

Registered capital

฿125.6B-6.4%

since year-end

Largest by registered capital

  1. 1Arun Plus Co., Ltd.Bangkok฿18.2B
  2. 2Kankul Engineering Public Company LimitedBangkok฿2.2B
  3. 3Caterpillar (Thailand) Co., Ltd.intlBangkok฿2.1B

Source: Department of Business Development DataWarehouse. Financial figures are combined totals of companies that filed statements; revenue and profit shown for the latest three reporting years.

Companies registered since 2022

Browse all

New DBD registrations under this activity since 2022, the period the registry snapshot covers, not the full historical register.

3,879
Registered
since 2022
3,662
Still active
217
Dissolved
฿1.0M
Median capital
of active

New registrations per year

2012peak 1,069 in 20242026

Largest active companies by registered capital

Source: Department of Business Development (DBD) new-registration records, 2022 to present. Counts cover companies first registered in that window, reflect the latest snapshot load, and may lag the live register.

Emerhub

Restricted activity? There is usually a route.

Emerhub structures foreign-owned companies around FBA restrictions: Foreign Business Licence applications, BOI promotion, and compliant shareholding structures. Talk through your case before you commit to one.

Talk to Emerhub Thailand