Market Forecast By Voltage (Low Voltage (By Type (MCB, MCCB, ACB & Others), By Application (Residential, Commercial, Industrial, Power Utilities & Others)), Medium Voltage (By Application (Residential, Commercial, Industrial, Power Utilities & Others), By Insulation Type (Air Insulated Switchgear & Other Insulated Switchgear)), High Voltage Switchgear (By Application (Residential, Commercial, Industrial, Power Utilities & Others)), By Insulation Type (Air Insulated Switchgear, Other Insulated Switchgear)), By Applications (Residential, Commercial, Industrial, Power Utilities & Others) And Competitive Landscape.
Product Code: ETC000467 | Publication Date: May 2022 | Updated Date: Jun 2023 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Thailand Switchgear Market is projected to grow over the coming year. Thailand Switchgear Market report is a part of our periodical regional publication Asia Pacific Switchgear Market outlook report. 6W tracks Switchgear market for over 60 countries with individual country-wise market opportunity assessment and publishes with the report titled Global Switchgear Market outlook report annually.
Thailand Switchgear Market report comprehensively covers the market by Voltage, Types, application and Insulation. The market report provides an unbiased and detailed analysis of the ongoing 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 Switchgear Market Synopsis
Thailand Switchgear market is likely to gain momentum during the upcoming years on account of surging population. The increasing penetration towards smart monitoring and controlling is one of the key factors driving the Thailand Switchgear Market Growth. Additionally, the increasing disposable income coupled with rising urbanization, modernization and industrialization is proliferating the growth of the market. Growing demand for reliable and stable T&D network along with increasing penetration towards efficient power infrastructure beholds the growth of the market.
According to 6Wresearch, Thailand Switchgear Market size is projected to register growth during 2022-2028. Rising penetration towards the alleviation of blackouts owing to the lack of infrastructure is proliferating the development of the market. Lack of investment and ageing infrastructure in the country is adding to the Thailand Switchgear Market Share. Rising consumer inclination upgradation of the old infrastructure is propelling the demand for switchgear. However, the outburst of coronavirus pandemic hampered the growth of the market owing to nationwide lockdown and restrictions on movement of goods. The health emergency led to disruption in supply chain of switchgear which further declined the development of the market.
Market Analysis by Voltage
On the basis of Voltage, the low voltage segment is expected to grow substantially during the forthcoming years owing to deployment in distribution networks.
Key Attractiveness of the Report
Key Highlights of Switchgear Report
Market Scope and Segmentation
The report provides a detailed analysis of the following market segments:
6Wresearch tracks and manages databases of global switchgear market. 6wresearch have been supporting various stakeholders in desigining their entry and growth strategies with the help of robust research and forecasting tools. We have been identifying and tracking various KPIs across major geographies enabling growth projections. With in-house research and data analytics capabilties, 6wresearch delivers actionable insights for companies to make Go/No-Go decisions.
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 Switchgear Market Overview |
3.1 Thailand Switchgear Market Revenues (2018-2028F) |
3.2 Thailand Switchgear Market - Industry Life Cycle, 2021 |
3.3 Thailand Switchgear Market - Porter’s Five Forces |
3.4 Impact Analysis of Covid-19 on Thailand Switchgear Market |
4. Thailand Switchgear Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5. Thailand Switchgear Market Trends |
6. Thailand Low Voltage Switchgear Market Overview |
6.1 Thailand Low Voltage Switchgear and Panels Market Revenues (2018-2028F) |
6.2 Thailand Low Voltage Switchgear Market Overview, By Types |
6.2.1 Thailand Low Voltage Switchgear Market Revenue Share, By Types (2021 & 2028F) |
6.2.2 Thailand Low Voltage Switchgear Market Revenues, By Types (2018-2028F) |
6.3 Thailand Low Voltage Switchgear Market Overview, By Applications |
6.3.1 Thailand Low Voltage Switchgear Market Revenue Share, By Applications (2021 & 2028F) |
6.3.2 Thailand Low Voltage Switchgear Market Revenues, By Applications (2018-2028F) |
7. Thailand Medium Voltage Switchgear Market Overview |
7.1 Thailand Medium Voltage Switchgear Market Revenues (2018-2028F) |
7.2 Thailand Medium Voltage Switchgear Market Overview, By Insulation Types |
7.2.1 Thailand Medium Voltage Switchgear Market Revenue Share, By Insulation Types (2021 & 2028F) |
7.2.2 Thailand Medium Voltage Switchgear Market Revenues, By Insulation Types (2018-2028F) |
7.3 Thailand Medium Voltage Switchgear Market Overview, By Applications |
7.3.1 Thailand Medium Voltage Switchgear Market Revenue Share, By Applications (2021 & 2028F) |
7.3.2 Thailand Medium Voltage Switchgear Market Revenues, By Applications (2018-2028F) |
8. Thailand High Voltage Switchgear Market Overview |
8.1 Thailand High Voltage Switchgear Market Revenues (2018-2028F) |
8.2 Thailand High Voltage Switchgear Market Overview, By Insulation Types |
8.2.1 Thailand High Voltage Switchgear Market Revenue Share, By Insulation (2021 & 2028F) |
8.2.2 Thailand High Voltage Switchgear Market Revenues, By Insulation (2018-2028F) |
8.3 Thailand High Voltage Switchgear Market Overview, By Application Types |
8.3.1 Thailand High Voltage Switchgear Market Revenue Share, By Application Types (2021 & 2028F) |
8.3.2 Thailand High Voltage Switchgear Market Revenues, By Application Types (2018-2028F) |
9. Thailand Switchgear Market Overview, By Applications |
9.1 Thailand Switchgear Market Revenues, By Residential Application (2018-2028F) |
9.2 Thailand Switchgear Market Revenues, By Commercial Application (2018-2028F) |
9.3 Thailand Switchgear Market Revenues, By Industrial Application (2018-2028F) |
9.4 Thailand Switchgear Market Revenues, By Power Utilities Application (2018-2028F) |
9.5 Thailand Switchgear Market Revenues, By Other Application (2018-2028F) |
10. Thailand Switchgear Market Key Performance Indicators |
11. Thailand Switchgear Market Opportunity Assessment |
11.1 Thailand Switchgear Market Opportunity Assessment, By Voltage (2028F) |
11.2 Thailand Switchgear Market Opportunity Assessment, By Applications (2028F) |
12. Thailand Switchgear Market Competitive Landscape |
12.1 Thailand Switchgear Market Revenue Share, By Voltage, By Company (2021) |
12.2 Thailand Switchgear Market Competitive Benchmarking, By Technical Parameters |
12.3 Thailand Switchgear Market Competitive Benchmarking, By Operational Parameters |
13. Company Profiles |
14. Key Strategic Recommendations |
15. Disclaimer |
Market Forecast By Voltage (Low Voltage (< 1.1 kV), Medium Voltage (1.1 kV - 36 kV) and High Voltage (> 36 kV)), By Insulation (Medium Voltage (Air, Gas, and Others) and High Voltage (Air and Gas)), By Types (Low Voltage (MCB, MCCB, C&R, ACB, COS, and Others) and Medium Voltage (Indoor (ISG) and Others including Outdoor, RMU, and CSS )), By Verticals (Residential, Commercial, Industrial, Power Utilities and Others), By Regions (Northern, Central, North Eastern, and Southern ) and Competitive Landscape
Product Code: ETC000467 | Publication Date: Dec 2021 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 145 | No. of Figures: 59 | No. of Tables: 17 |
Rising infrastructure development, expansion of power transmission and distribution network along with ambitious transportation projects would fuel the growth of Thailand switchgear market during the forecast period. Additionally, large-scale infrastructure and power sector development plans such as the transport infrastructure development master plan 2015-2022 as well as the Thailand Power Development Plan 2015-2036 are expected to further increase the demand for switchgears in Thailand over the coming years.
According to 6Wresearch, Thailand switchgear market size is projected to grow at a CAGR of 4.0% during 2018-24. According to Thailand's Alternative Energy Development Plan (2012-2021), Government aims to generate around 6.83 GW from renewable power generation sources such as solar, wind, and biomass by 2021. Further, the government of Thailand also plans to reduce power generation dependency from gas based power plants to other power generation sources such as hydro, coal, solar, wind, and biomass, which would also lead to the growth of the switchgear market in the future. Low voltage switchgear segment acquired the highest market revenue share in 2017 among all other types due to their high consumption in commercial and residential sectors.
Further, by application type, power utility captured the largest revenue share in Thailand switchgear market share in 2017 followed by the Industrial sector, due to high consumption of low, medium, and high voltage switchgear in the power utility segment. Additionally, government initiatives such as Thailand 4.0 and power development plan 2015-2036 would also fuel the market of switchgear during the forecast period.
The Thailand switchgear market report comprehensively covers Thailand Switchgear Market by voltage, insulation, types, applications and regions. The Thailand switchgear market outlook report provides an unbiased and detailed analysis of the Thailand switchgear market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to device and align their market strategies according to the current and future market dynamics.
Key Highlights of the Report:
• Thailand Switchgear Market Overview
• Thailand Switchgear Market Outlook
• Thailand Switchgear Market Forecast
• Historical Data of Global Switchgear Market Revenues for the Period 2014-2017
• Market Size and Forecast of Global Switchgear Market Revenues until 2024
• Historical Data of Thailand Switchgear Market Revenues for the Period 2014-2017
• Thailand Switchgear Market Size and Thailand Switchgear Market Forecast of Revenues, until 2024
• Historical Data of Thailand Low Voltage Switchgear Market Revenues for the Period 2014-2017
• Market Size and Forecast of Thailand Low Voltage Switchgear Market Revenues until 2024
• Historical Data of Thailand Medium Voltage Switchgear Market Revenues & Volume for the Period 2014-2017
• Market Size and Forecast of Thailand Medium Voltage Switchgear Market Revenues & Volume until 2024
• Historical Data of Thailand High Voltage Switchgear Market Revenues & Volume for the Period 2014-2017
• Market Size and Forecast of Thailand High Voltage Switchgear Market Revenues & Volume until 2024
• Historical Data of Thailand Switchgear Market Revenues for the Period 2014-2017, By Applications
• Market Size and Forecast of Thailand Switchgear Market Revenues until 2024, By Applications
• Historical & Forecast Data of Thailand Switchgear Regional Market Revenues for the Period 2014-2024
• Market Drivers and Restraints
• Thailand Switchgear Market Trends and Developments
• Thailand Switchgear Market Share, by Players
• Thailand Switchgear Market Overview on Competitive Landscape
• Company Profiles
• Strategic Recommendations
Markets Covered
The Thailand switchgear market report provides a detailed analysis of the following market segments:
• By Voltage:
o Low Voltage (< 1kV)
o Medium Voltage (< 1kV)
o High Voltage (> 36 kV)
• By Insulation:
o Medium Voltage:
■ Air Insulated
■ Gas Insulated
■ Others
o High Voltage:
■ Air Insulated
■ Gas Insulated
• By Voltage Types:
o Low Voltage:
■ MCB
■ MCCB
■ COS
■ C&R
■ ACB
■ Others
o Medium Voltage:
■ Indoor Switchgear (ISG)
■ Others (Outdoor, RMU, CSS)
• By Verticals:
o Residential
o Industrial
o Commercial
o Power Utilities
o Others
• By Regions:
o Northern
o Central
o North Eastern
o Southern