Thailand Switchgear and switchboard apparatus Market (2024-2030) | Revenue, Size, Growth, Share, Value, Companies, Analysis, Industry, Forecast, Trends, Outlook & COVID-19 IMPACT

Market Forecast By Type (Switchgear, Switchboard), By Application (Industrial, Residential, Commercial) And Competitive Landscape
Product Code: ETC018285 Publication Date: Jul 2023 Updated Date: Jan 2024 Product Type: Report
Publisher: 6Wresearch No. of Pages: 70 No. of Figures: 35 No. of Tables: 5

Thailand Switchgear and switchboard apparatus Market Synopsis

Switchgear and switchboard apparatus are used in the electrical power system to control, protect, and isolate electrical equipment. These products help reduce risk of failure or damage when switching on/off circuits. Switchgears provide insulation against electric shocks and can be installed at both low voltage (LV) and high voltage (HV) applications. Demand for switchgear is increasing from various industries such as manufacturing, residential building construction which drive the growth of Thailand switchgear & switchboard apparatus market.

Market Drivers

The growing demand for renewable energy sources has been driving investments towards development projects related to solar panel installation across commercial buildings as well as households in Thailand which further pushes up the demand for Switchgear & Switchboard Apparatus Market during 2020-2026 forecast period. The Thailand government plans to invest heavily into infrastructure development projects over coming years due to its strategic location with respect to other countries such India and China providing opportunities for manufacturers operating within this sector aiding Growth of Switchgear & Switchboards Apparatus Market during 2020-2026 forecast period .

Challenges of the Market

The initial cost associated with procurement, installation, commissioning etc associated with installing LV / HV equipment is a major challenge faced by customers while procuring this product leading them toward opting cheaper solution that fail short on safety requirements thereby hindering growth of this market during 2020-2026 estimated timeframe .

Covid-19 Impact on the Market

The Covid 19 pandemic has had a huge impact on many sectors worldwide including industrial automation where Laos???s industry witnessed steep decline in production activities following nationwide lockdown imposed by government however gradual recovery observed post Q2 2020 pushing sales back up aiding overall growth prospects of the country???s switchgear &switchboard apparatus market over coming months under reviewed timeline .

Key Players of the Market

ABB Ltd., Siemens AG, Schneider Electric SE, Eaton Corporation PLC., Larsen Toubro Limited, Crompton Greaves Ltd., CG Power Solutions Pvt Ltd., Mitsubishi Electric Corp, Danfoss Industries A/S, Rockwell Automation Inc

Key Highlights of the Report:

  • Thailand Switchgear and switchboard apparatus Market Outlook
  • Market Size of Thailand Switchgear and switchboard apparatus Market, 2023
  • Forecast of Thailand Switchgear and switchboard apparatus Market, 2030
  • Historical Data and Forecast of Thailand Switchgear and switchboard apparatus Revenues & Volume for the Period 2020-2030
  • Thailand Switchgear and switchboard apparatus Market Trend Evolution
  • Thailand Switchgear and switchboard apparatus Market Drivers and Challenges
  • Thailand Switchgear and switchboard apparatus Price Trends
  • Thailand Switchgear and switchboard apparatus Porter's Five Forces
  • Thailand Switchgear and switchboard apparatus Industry Life Cycle
  • Historical Data and Forecast of Thailand Switchgear and switchboard apparatus Market Revenues & Volume By Type for the Period 2020-2030
  • Historical Data and Forecast of Thailand Switchgear and switchboard apparatus Market Revenues & Volume By Switchgear for the Period 2020-2030
  • Historical Data and Forecast of Thailand Switchgear and switchboard apparatus Market Revenues & Volume By Switchboard for the Period 2020-2030
  • Historical Data and Forecast of Thailand Switchgear and switchboard apparatus Market Revenues & Volume By Application for the Period 2020-2030
  • Historical Data and Forecast of Thailand Switchgear and switchboard apparatus Market Revenues & Volume By Industrial for the Period 2020-2030
  • Historical Data and Forecast of Thailand Switchgear and switchboard apparatus Market Revenues & Volume By Residential for the Period 2020-2030
  • Historical Data and Forecast of Thailand Switchgear and switchboard apparatus Market Revenues & Volume By Commercial for the Period 2020-2030
  • Thailand Switchgear and switchboard apparatus Import Export Trade Statistics
  • Market Opportunity Assessment By Type
  • Market Opportunity Assessment By Application
  • Thailand Switchgear and switchboard apparatus Top Companies Market Share
  • Thailand Switchgear and switchboard apparatus Competitive Benchmarking By Technical and Operational Parameters
  • Thailand Switchgear and switchboard apparatus Company Profiles
  • Thailand Switchgear and switchboard apparatus Key Strategic Recommendations
Frequently Asked Questions About the Market Study (FAQs):
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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 Switchgear and switchboard apparatus Market Overview

3.1 Thailand Country Macro Economic Indicators

3.2 Thailand Switchgear and switchboard apparatus Market Revenues & Volume, 2020 & 2030F

3.3 Thailand Switchgear and switchboard apparatus Market - Industry Life Cycle

3.4 Thailand Switchgear and switchboard apparatus Market - Porter's Five Forces

3.5 Thailand Switchgear and switchboard apparatus Market Revenues & Volume Share, By Type, 2020 & 2030F

3.6 Thailand Switchgear and switchboard apparatus Market Revenues & Volume Share, By Application, 2020 & 2030F

4 Thailand Switchgear and switchboard apparatus Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.3 Market Restraints

5 Thailand Switchgear and switchboard apparatus Market Trends

6 Thailand Switchgear and switchboard apparatus Market, By Types

6.1 Thailand Switchgear and switchboard apparatus Market, By Type

6.1.1 Overview and Analysis

6.1.2 Thailand Switchgear and switchboard apparatus Market Revenues & Volume, By Type, 2020-2030F

6.1.3 Thailand Switchgear and switchboard apparatus Market Revenues & Volume, By Switchgear, 2020-2030F

6.1.4 Thailand Switchgear and switchboard apparatus Market Revenues & Volume, By Switchboard, 2020-2030F

6.2 Thailand Switchgear and switchboard apparatus Market, By Application

6.2.1 Overview and Analysis

6.2.2 Thailand Switchgear and switchboard apparatus Market Revenues & Volume, By Industrial, 2020-2030F

6.2.3 Thailand Switchgear and switchboard apparatus Market Revenues & Volume, By Residential, 2020-2030F

6.2.4 Thailand Switchgear and switchboard apparatus Market Revenues & Volume, By Commercial, 2020-2030F

7 Thailand Switchgear and switchboard apparatus Market Import-Export Trade Statistics

7.1 Thailand Switchgear and switchboard apparatus Market Export to Major Countries

7.2 Thailand Switchgear and switchboard apparatus Market Imports from Major Countries

8 Thailand Switchgear and switchboard apparatus Market Key Performance Indicators

9 Thailand Switchgear and switchboard apparatus Market - Opportunity Assessment

9.1 Thailand Switchgear and switchboard apparatus Market Opportunity Assessment, By Type, 2020 & 2030F

9.2 Thailand Switchgear and switchboard apparatus Market Opportunity Assessment, By Application, 2020 & 2030F

10 Thailand Switchgear and switchboard apparatus Market - Competitive Landscape

10.1 Thailand Switchgear and switchboard apparatus Market Revenue Share, By Companies, 2023

10.2 Thailand Switchgear and switchboard apparatus Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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