THAILANDSICThailand Standard Industrial Classification

TSIC Activity

47593

Retail sale of lighting equipment in specialized stores

ประกอบกิจการ จำหน่ายอุปกรณ์ต่างๆ เกี่ยวกับไฟฟ้า สายไฟฟ้า หลอดไฟ

What this activity covers

Retail of electric lamps and lighting equipment in specialised stores.

  • Electric lamps — Retail of various types of electric lamps
  • Light bulbs — Retail of different light bulb varieties
  • Chandeliers — Retail of decorative lighting fixtures
  • Flashlights — Retail of portable lighting devices
  • Lanterns — Retail of outdoor lighting solutions
  • Spotlights — Retail of focused lighting equipment
  • Christmas lights — Retail of festive lighting sets

What companies here also do

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

  • Wholesale electrical equipment — Selling electrical equipment in bulk
  • Installation services — Providing installation for lighting equipment
  • Home decor items — Selling decorative products alongside lighting

Foreign ownership

List 3: Restricted, FBL/BOI route availableinherited from 47

Retail sale of goods of all kinds, where the aggregate minimum capital or 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 retailer is exempt from this List 3 item (no Foreign Business Licence needed) once registered capital meets the Act's minimum, typically THB 100 million in total and THB 20 million per store. Verify current ministerial-regulation figures.

FBA B.E. 2542, List 3 (14)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.

2,078
active companies operate here
฿7.6Bregistered capital, combined
฿52.2B
Sector revenue · 2025
+20% since 2023
฿1.3B
Net profit · 2025
1,131 profitable
202320242025

net profitrevenue

Foreign investment

new registrations · 2026 YTD
15%of new registered capital is foreign-held
฿16.0M foreign฿87.4M Thai

Foreigners are actively investing in this activity.

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

New in 2026

61+17.3%

registrations, YTD

Registered capital

฿7.6B+5.7%

since year-end

Largest by revenue

Latest filed-year revenue, not a multi-year total

  1. 1N.R. Engineering Co., Ltd.฿4.1B
  2. 2Sang Sah Equipment Co., Ltd.฿2.7B
  3. 3Multi Utility Co., Ltd.฿1.4B
  4. 4B.Grimm Technology Co., Ltd.฿1.1B
  5. 5Hoppy Industrial (Thailand) Co., Ltd.intl฿1.0B

Largest by registered capital

  1. 1Quality Trading (1995) Co., Ltd.Bangkok฿277.2M
  2. 2Idec Asia (Thailand) Co., Ltd.Saraburi฿250.0M
  3. 3N.R. Engineering Co., Ltd.Bangkok฿200.0M

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.

330
Registered
since 2022
309
Still active
21
Dissolved
฿1.0M
Median capital
of active

New registrations per year

2022peak 101 in 20232026

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