Thailand Genset Rental Market Outlook (2020-2026)

Market Forecast By Types (Diesel Genset Rental, Gas Genset Rental), By KVA Rating (Diesel Genset (Below 100 KVA, 100.1-350 KVA, 350.1-750 KVA, 750.1-1000 KVA, Above 1000 KVA), Gas Genset (Below 100 KVA, 100.1-375 KVA, 375.1-1000 KVA, Above 1000 KVA)), By Applications (Standby Genset Rental, Prime/ Continuous Genset Rental), By Prime Applications (Peak Load, Base Load), By Verticals (Utilities, Oil & Gas, Construction, Manufacturing, Quarrying & Mining, Commercial, Others (Agriculture, Municipal Work, And Events)) And Competitive Landscape

Product Code: ETC160008 Publication Date: Feb 2022 Product Type: Market Research Report
Publisher: 6Wresearch No. of Pages: 80 No. of Figures: 12 No. of Tables: 4

Thailand Genset Rental Market report comprehensively covers the market by Types, KVA ratings, Applications, Prime Applications, and Verticals. The Thailand Genset Rental market outlook report provides an unbiased and detailed analysis of the Thailand Genset Rental market 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 Genset Rental Market Synopsis

Thailand is one of the major economies amongst the ASEAN countries. Even though the electrification rate in Thailand is 99%, diesel gensets are used to provide backup power in case of emergencies, power cuts, peak shaving, natural calamities and are often used by industries to cut their cost of using grid electricity. Moreover, the growing construction and manufacturing sectors in the country aided the growth of the Genset rental market in recent years. However, the Covid-19 pandemic had slowed down the market in terms of the supply of the product during 2020. While on the other hand, the demand-side also fell victim to the slowdown due to the market being closed during the lockdown period. Currently, the market has recovered gradually and is likely to witness growth over the coming years.

Thailand Genset Rental Market Outlook (2020-2026)

According to 6Wresearch, Thailand Genset Rental Market size is expected to grow at a CAGR of 11.2% during 2020-2026. As a result of the corona virus outbreak, the market is anticipated to witness a downfall during the year 2020. However, with rising opportunities in the manufacturing sector, growing construction sector, and government plans to increase electricity generation capacity, the demand for rental gensets would witness a stable growth during the forecast period.

Market Analysis By Types

Diesel gensets generated the majority of the revenues in the Genset rental market during the year 2019 and would continue to lead the market in the coming years on account of several benefits associated with diesel gensets such as the economical cost of diesel and easy supply & storage, while natural gas is supplied through pipelines and can not be stored making them less preferable over diesel gensets. 

Thailand Genset Rental Market Outlook (2020-2026)

Key Attractiveness of the Report

  • COVID-19 Impact on the Market.
  • 10 Years Market Numbers.
  • Historical Data Starting from 2016 to 2019.
  • Base Year: 2019
  • Forecast Data until 2026.
  • Key Performance Indicators Impacting the Market.
  • Major Upcoming Developments and Projects.

Key Highlights of the Report

  • Thailand Genset Rental Market Overview
  • Thailand Genset Rental Market Outlook
  • Thailand Genset Rental Market Forecast
  • Historical data & Forecast of Thailand Genset Rental Market Revenues for the Period 2016-2026F
  • Historical data & Forecast of Thailand Genset Rental Market Revenues, By Types, for the Period 2016-2026F
  • Historical data & Forecast of Thailand Genset Rental Market Revenues, By kVA Rating, for the Period 2016-2026F
  • Historical data & Forecast of Thailand Genset Rental Market Revenues, By Applications, for the Period 2016-2026F
  • Historical data & Forecast of Thailand Genset Rental Market Revenues, By Prime Applications, for the Period 2016-2026F
  • Historical data & Forecast of Thailand Genset Rental Market Revenues, By Verticals, for the Period 2016-2026F
  • Thailand Genset Rental Market Drivers and Restraints
  • Thailand Genset Rental Market Trends and Industry Life Cycle
  • Porter’s Five Force Analysis
  • Thailand Genset Rental Market Opportunity Assessment
  • Thailand Genset Rental Market Player’s Revenue Shares
  • Market Competitive Benchmarking
  • Company Profiles
  • Key Strategic Recommendations

Market Scope and Segmentation

The report provides a detailed analysis of the following market segments:

By Types

  • Diesel Genset Rental
  • Gas Genset Rental

By kVA Rating

  • Diesel Genset
    • Below 100 kVA
    • 1-350 kVA
    • 1-750 kVA
    • 1-1000 kVA
    • Above 1000 kVA
  • Gas Genset
    • Below 100 kVA
    • 1-375 kVA
    • 1-1000 kVA
    • Above 1000 kVA

By Applications

  • Standby Genset Rental
  • Prime/ Continuous Genset Rental

By Prime Applications

  • Peak Load
  • Base Load

By Verticals

  • Utilities
  • Oil & gas
  • Construction
  • Manufacturing
  • Quarrying & Mining
  • Commercial
  • Others (Agriculture, Municipal Work, and Events)

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

2.5 Assumptions

3. Thailand Genset Rental Market Overview

3.1 Thailand Genset Rental Market Revenues, 2016-2026F

3.2 Thailand Genset Rental Market Industry Life Cycle

3.3 Thailand Genset Rental Market Porter’s Five Forces Model

3.4 Thailand Genset Rental Market Ecosystem

3.5 Thailand Genset Rental Market Revenue Share, By Types, 2019 & 2026F

3.6 Thailand Genset Rental Market Revenue Share, By Applications, 2019 & 2026F

4. Thailand Genset Rental Market Dynamics

4.1. Impact Analysis

4.2. Market Drivers

4.3. Market Restraints

5. Thailand Genset Rental Market Trends

6. Thailand Genset Rental Market Overview

6.1 Thailand Genset Rental Market Revenues

6.2 Thailand Genset Rental Market Revenue Share and Revenues, By Types

6.3 Thailand Genset Rental Market Revenue Share and Revenues, By Applications

7. Thailand Genset Rental Market Opportunity Assessment

7.1 Thailand Genset Rental Market Opportunity Assessment, 2026F

8. Thailand Genset Rental Market Competitive Landscape

8.1 Thailand Genset Rental Market Revenue Share, By Company, 2019

8.2 Thailand Genset Rental Market Competitive Benchmarking, 2019

8.3 Thailand Genset Rental Market Competitive Benchmarking, on

Technical Parameters, 2019

9. Company Profiles

9.1 Aggreko PLC

9.2 Atlas Copco

9.3 Caterpillar Inc.

9.4 Cummins Inc.

9.5 Aksa Power Generation

9.6 Teksan

9.7 APR Energy

9.8 Himoinsa S.L.

9.9 United Rentals Inc.

9.10 AGCO Corporation

10. Key Strategic Recommendations

11. Disclaimer

 

 
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