Product Code: ETC017025 | Publication Date: Jul 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Refrigeration and heating equipment are essential components in various industries, such as food and beverage, healthcare, hospitality, and commercial buildings. The Thailand Refrigeration and Heating Equipment Market is expected to witness healthy growth during the forecast period of 2025-2031. Increasing awareness about energy efficiency among customers has led to an increase in demand for refrigeration systems with higher energy efficiency ratings. In addition to this, technological advancements such as variable speed compressors & drives have resulted in increased adoption of these units across residential & commercial establishments.
Increase in consumer preference towards energy efficient solutions coupled with government initiatives towards green infrastructure has propelled the market growth of refrigeration and heating equipment in Thailand over the years. This factor continues to drive the market growth during the projected timeframe. Rising demand for smart connected devices will further fuel upmarket growth over the forecast period due to availability of cost-effective solutions that can be operated remotely through internet connectivity options or mobile applications resulting better convenience level for users along with lower operational costs associated with them.
High initial cost involved might restrain market growth over forecast period since consumers tend to opt cheaper options available on local markets rather than investing a large amount on imported products leading slow adoption rate which could lead downmarket size gradually from 2025 onwards. Lack of skilled labor force can also restrict industry expansion throughout 2025 ??? 2031 owing lack knowledge related advanced technologies used give rise heat pumps, chillers etc.thus impacting sales significantly by 2022 onwards .
The outbreak of COVID 19 had severe impact on global economy including Thailand Refrigeration & Heating Equipment Market due disruption supply chain activities, decrease travelling across borders closure malls shopping complexes etc.However, it???s anticipated post pandemic scenario would open gates opportunities manufacturers grow their presence both domestic international level providing innovative products catering needs future generations end use sectors like hospitals grocery stores restaurants offices hotels etc making sure maintain safety standards as well .
Daikin Industries Ltd., Mitsubishi Electric Corporation, Panasonic Corporation LG Electronics Inc., Samsung Electronics Co Ltd., Midea Group Co Ltd., Johnson Controls International PLC (York), Carrier International Corp., Danfoss.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Thailand Refrigeration and Heating Equipment Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Refrigeration and Heating Equipment Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Refrigeration and Heating Equipment Market - Industry Life Cycle |
3.4 Thailand Refrigeration and Heating Equipment Market - Porter's Five Forces |
3.5 Thailand Refrigeration and Heating Equipment Market Revenues & Volume Share, By Heating equipments, 2021 & 2031F |
3.6 Thailand Refrigeration and Heating Equipment Market Revenues & Volume Share, By Cooling Equipments, 2021 & 2031F |
3.7 Thailand Refrigeration and Heating Equipment Market Revenues & Volume Share, By General Components, 2021 & 2031F |
3.8 Thailand Refrigeration and Heating Equipment Market Revenues & Volume Share, By End-User Industries, 2021 & 2031F |
4 Thailand Refrigeration and Heating Equipment Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Thailand Refrigeration and Heating Equipment Market Trends |
6 Thailand Refrigeration and Heating Equipment Market, By Types |
6.1 Thailand Refrigeration and Heating Equipment Market, By Heating equipments |
6.1.1 Overview and Analysis |
6.1.2 Thailand Refrigeration and Heating Equipment Market Revenues & Volume, By Heating equipments, 2021-2031F |
6.1.3 Thailand Refrigeration and Heating Equipment Market Revenues & Volume, By Heating Pumps, 2021-2031F |
6.1.4 Thailand Refrigeration and Heating Equipment Market Revenues & Volume, By Furnaces, 2021-2031F |
6.1.5 Thailand Refrigeration and Heating Equipment Market Revenues & Volume, By Boilers, 2021-2031F |
6.1.6 Thailand Refrigeration and Heating Equipment Market Revenues & Volume, By Space heaters, 2021-2031F |
6.1.7 Thailand Refrigeration and Heating Equipment Market Revenues & Volume, By Unitary heaters, 2021-2031F |
6.1.8 Thailand Refrigeration and Heating Equipment Market Revenues & Volume, By Others, 2021-2031F |
6.2 Thailand Refrigeration and Heating Equipment Market, By Cooling Equipments |
6.2.1 Overview and Analysis |
6.2.2 Thailand Refrigeration and Heating Equipment Market Revenues & Volume, By Cooling towers, 2021-2031F |
6.2.3 Thailand Refrigeration and Heating Equipment Market Revenues & Volume, By Chillers, 2021-2031F |
6.2.4 Thailand Refrigeration and Heating Equipment Market Revenues & Volume, By Coolers, 2021-2031F |
6.2.5 Thailand Refrigeration and Heating Equipment Market Revenues & Volume, By Air conditioners , 2021-2031F |
6.2.6 Thailand Refrigeration and Heating Equipment Market Revenues & Volume, By Others, 2021-2031F |
6.3 Thailand Refrigeration and Heating Equipment Market, By General Components |
6.3.1 Overview and Analysis |
6.3.2 Thailand Refrigeration and Heating Equipment Market Revenues & Volume, By Condensers, 2021-2031F |
6.3.3 Thailand Refrigeration and Heating Equipment Market Revenues & Volume, By Compressors, 2021-2031F |
6.3.4 Thailand Refrigeration and Heating Equipment Market Revenues & Volume, By Radiators, 2021-2031F |
6.3.5 Thailand Refrigeration and Heating Equipment Market Revenues & Volume, By Sensors, 2021-2031F |
6.3.6 Thailand Refrigeration and Heating Equipment Market Revenues & Volume, By Transducers, 2021-2031F |
6.3.7 Thailand Refrigeration and Heating Equipment Market Revenues & Volume, By Others, 2021-2031F |
6.4 Thailand Refrigeration and Heating Equipment Market, By End-User Industries |
6.4.1 Overview and Analysis |
6.4.2 Thailand Refrigeration and Heating Equipment Market Revenues & Volume, By Residential, 2021-2031F |
6.4.3 Thailand Refrigeration and Heating Equipment Market Revenues & Volume, By Commercial, 2021-2031F |
6.4.4 Thailand Refrigeration and Heating Equipment Market Revenues & Volume, By Healthcare Industry, 2021-2031F |
6.4.5 Thailand Refrigeration and Heating Equipment Market Revenues & Volume, By Educational and government institutions , 2021-2031F |
6.4.6 Thailand Refrigeration and Heating Equipment Market Revenues & Volume, By Others, 2021-2031F |
7 Thailand Refrigeration and Heating Equipment Market Import-Export Trade Statistics |
7.1 Thailand Refrigeration and Heating Equipment Market Export to Major Countries |
7.2 Thailand Refrigeration and Heating Equipment Market Imports from Major Countries |
8 Thailand Refrigeration and Heating Equipment Market Key Performance Indicators |
9 Thailand Refrigeration and Heating Equipment Market - Opportunity Assessment |
9.1 Thailand Refrigeration and Heating Equipment Market Opportunity Assessment, By Heating equipments, 2021 & 2031F |
9.2 Thailand Refrigeration and Heating Equipment Market Opportunity Assessment, By Cooling Equipments, 2021 & 2031F |
9.3 Thailand Refrigeration and Heating Equipment Market Opportunity Assessment, By General Components, 2021 & 2031F |
9.4 Thailand Refrigeration and Heating Equipment Market Opportunity Assessment, By End-User Industries, 2021 & 2031F |
10 Thailand Refrigeration and Heating Equipment Market - Competitive Landscape |
10.1 Thailand Refrigeration and Heating Equipment Market Revenue Share, By Companies, 2024 |
10.2 Thailand Refrigeration and Heating Equipment Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |