Market Forecast By Charger Types (AC Charger and DC Charger), By End Consumers (Public and Private), And by Competitive Landscape
Product Code: ETC072121 | Publication Date: Feb 2023 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 80 | No. of Figures: 14 | No. of Tables: 8 |
Thailand electric vehicle charging infrastructure market report comprehensively covers the market by charger types and end consumers. Thailand electric vehicle charging infrastructure market report provides an unbiased and detailed analysis of the ongoing trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Thailand Electric Vehicle Charging Infrastructure Market has been growing rapidly. The government has been promoting the use of EVs in the country through various initiatives such as tax incentives and the promotion of EV manufacturing. In addition to the public charging stations, there are also various private charging options available, such as home charging stations and workplace charging stations. Overall, Thailand Electric Vehicle Charging Infrastructure Industry is rapidly growing and the government's efforts to promote the use of EVs are projected to further drive demand for such vehicles. Moreover, the government is investing heavily in the development of charging infrastructure across the country.
There has been a rapid increase in the adoption of EVs which further contributes to the demand for charging infrastructure. Also, there has been a significant drop in the prices of battery which makes EVs more affordable and cost-effective. Furthermore, the development of fast-charging and wireless charging systems is anticipated to make EVs even more convenient to consumers, driving growth for Thailand Electric Vehicle charging infrastructure market share.
The increasing number of battery electric vehicles on the roads of Thailand due to the National Electric Vehicle Policy of the country and the increased production by electric vehicle manufacturers is boosting the demand for electric chargers in the country. However, the market witnessed a decline during the outbreak of the Covid-19 pandemic and is expected to recover over the coming years.
According to 6Wresearch, Thailand electric vehicle charging infrastructure market size grew at a CAGR of 62.1% during 2020-2025. Government initiatives such as Provincial Electricity Authority (PEA), a state-run power distribution arm, announced its plan to build 137 charging stations by 2021 covering 75 provinces which would increase the number of electric vehicle chargers in the country. Also, state-run Electricity Generating Authority of Thailand (EGAT) is collecting data from a one-year test of its own newly developed electric motorcycles and buses in order to plan for charging outlet installation in Bangkok and upcountry.
DC chargers held the highest revenue share in the overall electric vehicle charging infrastructure market. Moreover, the Thailand Board of Investment approved certain projects by Delta, MCCT, Nissan and Toyota to encourage investment in charging-related products which would be a significant factor behind the increasing installation of electric chargers in the country.
The report provides a detailed analysis of the following market segments:
1. Executive Summary |
2. Introduction |
2.1 Report Description |
2.2 Key Highlights of The Report |
2.3 Market Scope & Segmentation |
2.4 Research Methodology – Sources of Information |
2.5 Assumptions |
3. Thailand Electric Vehicle Charging Infrastructure Market Overview |
3.1 Country Indicators |
3.2 Thailand Electric Vehicle Charging Infrastructure Market Revenues, 2016-2025F |
3.3 Thailand Electric Vehicle Charging Infrastructure Market Revenue Share, By Types, 2019 & 2025F |
3.4 Thailand Electric Vehicle Charging Infrastructure Market Revenue Share, By Applications, 2019 & 2025F |
3.5 Thailand Electric Vehicle Charging Infrastructure Market Industry Life Cycle |
3.6 Thailand Electric Vehicle Charging Infrastructure Market- Porter’s Five Forces |
4. Thailand Electric Vehicle Charging Infrastructure Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5. Thailand Electric Vehicle Charging Infrastructure Market Trends |
6. Thailand Electric Vehicle Charging Infrastructure Market Overview, By Types |
6.1 Thailand Electric Vehicle Charging Infrastructure Market Revenues, By AC Charger, 2016-2025F |
6.2 Thailand Electric Vehicle Charging Infrastructure Market Revenues, By DC Charger, 2016-2025F |
7. Thailand Electric Vehicle Charging Infrastructure Market Overview, By Applications |
7.1 Thailand Residential Electric Vehicle Charging Infrastructure Market Revenues, 2016-2025F |
7.2 Thailand Commercial Electric Vehicle Charging Infrastructure Market Revenues, 2016-2025F |
7.3 Thailand Others Electric Vehicle Charging Infrastructure Market Revenues, 2016-2025F |
8. Thailand Electric Vehicle Charging Infrastructure Market Key Performance Indicators |
9. Thailand Electric Vehicle Charging Infrastructure Market Opportunity Assessment |
9.1 Thailand Electric Vehicle Charging Infrastructure Market Opportunity Assessment, By Types, 2025F |
9.2 Thailand Electric Vehicle Charging Infrastructure Market Opportunity Assessment, By Applications, 2025F |
10. Thailand Electric Vehicle Charging Infrastructure Market Competitive Landscape |
10.1 Thailand Electric Vehicle Charging Infrastructure Market Revenue Share, By Companies, 2019 |
10.2 Thailand Electric Vehicle Charging Infrastructure Market Competitive Benchmarking, By Operating Parameters, 2019 |
11. Company Profiles |
12. Strategic Recommendations |
13. Disclaimer |