Thailand UPS System Market (2022-2028) | Share, Industry, Size, Growth, Revenue, Forecast, Value & COVID-19 IMPACT

Market Forecast By KVA Ratings (Up to 1 KVA, 1.1-5 KVA, 5.1-20 KVA, 20.1-50 KVA, 50.1-200 KVA and Above 200 KVA), By Applications (Residential, Industrial as well as Commercial including Offices, Healthcare, BFSI, Hospitality, Education, Data Centre and Others), By Regions (Northern, North Eastern, Central and Southern) and Competitive Landscape

Product Code: ETC000545 Publication Date: Jan 2023 Product Type: Report
Publisher: 6Wresearch No. of Pages: 73 No. of Figures: 13 No. of Tables: 7

Thailand UPS System Market Synopsis

Thailand UPS System Market is expected to grow in the years ahead on account of upcoming data centers coupled with government initiative such exemption of Corporate Income Tax (CIT). The UPS market in Thailand is anticipated to boost in the coming years owing to a projected pipeline of office space. Uninterruptible Power Supply (UPS) system is a crucial equipment device to provide power backup support in different applications. However, the initial cost of the UPS System varies according to the design and usage requirement of the equipment. Users are looking forward to preventing any redundancy in designs by opting for cheaper alternatives to provide backup. The users are opting for alternatives such as buffer modules as they do not require batteries and use capacitors. Moreover, the buffer modules require less maintenance, are more cost effective and are comparatively cheaper than the UPS systems and buffer modules also have quick response time.

 Thailand UPS System Market

According to 6Wresearch, the Thailand Uninterruptible Power Supply (UPS) System Market revenue is projected to grow at a CAGR of 8.0% from 2022-2028. The establishment of upcoming data centers by Amazon Web Services (AWS) and Telehouse is expected to drive the market. Thailand Uninterruptible Power Supply (UPS) system market saw significant growth in the period before COVID-19 on account of commercialization, industrialization, and the rising medical sector. Commercial projects such as Singha Complex Tower 1, MS Siam Tower, Krungsri Ploenchit Tower boosted the Uninterruptible Power Supply (UPS) System market in Thailand. However, the outbreak of the pandemic, the Uninterruptible Power Supply (UPS) system market in Thailand declined as economic activities halted and the IT industry also faced contraction. Moreover, the supply chain got hampered as various countries-imposed import and export restrictions leading to a decline in new installation of UPS.

Thailand UPS System Market Revenue Share

Market By kVA Ratings

The 50.1-200 KVA Uninterruptible Power Supply (UPS) System market garnered the maximum revenue share and the same trend is expected to follow in the years ahead on the back of upcoming data centers in Bangkok.  Moreover, 20.1-50 KVA Uninterruptible Power Supply (UPS) System is also expected to witness decent growth on account of its wide application in the commercial segment.

Market by Applications

Commercial segment acquired the maximum revenue share in Thailand Uninterruptible Power Supply (UPS) System Market on account of the construction of various office and hotel projects such as O-NES Tower, Hyatt Regency Koh Samui, and the Standard Hua Hin.

Market by Regions

The Central region garnered the maximum revenue share in Thailand UPS System market in 2021 and the same trend is expected to follow in the years ahead on account of upcoming data centers in Bangkok by Telehouse and Amazon Web Services (AWS). Moreover, the construction of Medical Complex Ramintra would also drive the Uninterruptible Power Supply (UPS) System market in Thailand.

Key Attractiveness of the Report

  • COVID-19 Impact on the Market.
  • 11 Years Market Numbers.
  • Historical Data Starting from 2018 to 2028.
  • Base Year: 2022
  • Forecast Data until 2028.
  • Key Performance Indicators Impacting the Market.
  • Major Upcoming Developments and Projects.

Key Highlights of the Report

  • Thailand UPS System Market Overview
  • Thailand UPS System Market Outlook
  • Thailand UPS System Market Forecast
  •  Historical Data of Global Uninterruptible Power Supply (UPS) Systems Market for The Period 2018-2021
  •  Market Size & Forecast of Global Uninterruptible Power Supply (UPS) Systems Market Until 2028
  •  Historic Data of Thailand UPS System Market Revenues and Volume, 2018-2021
  •  Thailand UPS System Market Size & Thailand UPS System Market Forecast, Until 2028
  •  Historic Data of Thailand UPS System Systems Market for Up to 1 kVA for Revenues & Volume, during 2018-2021
  •  Market Size & Forecast of Thailand Up to 1 kVA UPS Systems Market Revenues & Volume Until 2028
  •  Historic Data of Thailand 1.1 kVA - 5 kVA UPS Systems Market Revenues & Volume, 2018-2021
  •  Market Size & Forecast of Thailand 1.1 kVA - 5 kVA UPS Systems Market Revenues & Volume Until 2028
  •  Historic Data of Thailand 5.1 kVA - 20 kVA UPS Systems Market Revenues & Volume, 2018-2021
  •  Market Size & Forecast of Thailand 5.1 kVA - 20 kVA UPS Systems Market Revenues & Volume Until 2028
  •  Historic Data of Thailand 20.1 kVA - 50 kVA UPS Systems Market Revenues & Volume, 2018-2021
  •  Market Size & Forecast of Thailand 20.1 kVA - 50 kVA UPS Systems Market Revenues & Volume Until 2028
  •  Historic Data of Thailand UPS System Systems Market for up to 50.1 kVA - 200 kVA for Revenues & Volume, during 2018-2021
  •  Market Size & Forecast of Thailand 50.1 kVA - 200 kVA UPS Systems Market Revenues & Volume Until 2028
  •  Historic Data of Thailand UPS System Market Revenues & Volume for Above 200 kVA, during 2018-2021
  •  Market Size & Forecast of Thailand 200 kVA & Above UPS Systems Market Revenues & Volume until 2028
  •  Historical data and Forecast of Thailand Uninterruptible Power Supply (UPS) Systems Market, By Applications, 2018-2021
  •  Historical data and Forecast of Thailand Uninterruptible Power Supply (UPS) Systems Market, By Regions, 2018-2028
  •  Market Drivers and Restraints
  •  Thailand UPS System Market Trends and Opportunities
  •  Thailand UPS System Market Overview on Competitive Landscape
  •  Thailand UPS System Market Ranking, By Players
  •  Company Profiles
  •  Key Strategic Recommendations

Market Scope and Segmentation

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

By kVA Ratings

  • Up to 1kVA
  • 1.1-5kVA
  • 5.1-20kVA
  • 20.1-50kVA
  • 50.1-200kVA
  • Above 200kVA

By Applications

  • Residential
  • Commercial
  • Industrial

By Regions

  • Northern
  • Central
  • Southern
Thailand UPS System Market: FAQs
High Initial Cost and Availability of Substitutes are the key restraints for the market.
Thailand 4.0 Policy and Investment Incentives for Foreign Businesses and increasing office space are the primary drivers for the Thailand UPS System Industry.
The central region garnered the maximum revenue share and is anticipated to grow at a fast pace in the forecasted period as in the central region lies Bangkok in which many office buildings, data centers, hospital are scheduled to be opened.
The COVID-19 pandemic had a negative impact on the Thailand Uninterruptible Power Supply (UPS) system market as the pandemic led to a halt in commercial and economic activities due to the government-enforced lockdown to curb the effect of the pandemic
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1. Executive Summary
2. Introduction
2.1 Report Description
2.2 Key Highlights of the Report
2.3 Market Scope and Segmentation
2.4 Research Methodology
2.5 Assumptions
3. Thailand Uninterruptible Power Supply (UPS) System Market Overview
3.1  Thailand Uninterruptible Power Supply (UPS) System Market Revenues and Volume, 2018-2028F
3.2 Thailand Uninterruptible Power Supply (UPS) System Market Industry Life Cycle
3.3 Thailand Uninterruptible Power Supply (UPS) System Market Porter’s Five Forces Model
4. Thailand Uninterruptible Power Supply (UPS) System Market-Covid-19 Impact Analysis
5. Thailand Uninterruptible Power Supply (UPS) System Market Dynamics
5.1 Impact Analysis
5.2 Market Drivers
5.3 Market Restraints
6. Thailand Uninterruptible Power Supply (UPS) System Market Trends and Evolution
7. Thailand Uninterruptible Power Supply (UPS) System Market Overview, By kVA Rating
7.1 Thailand Uninterruptible Power Supply (UPS) System Market Revenue Share, By kVA Rating, 2021 & 2028F
7.2 Thailand Uninterruptible Power Supply (UPS) System Market Revenues, By kVA Rating, 2018-2028F
7.2.1 Thailand Uninterruptible Power Supply (UPS) System Market Revenues, By Upto 1 kVA , 2018-2028F
7.2.2 Thailand Uninterruptible Power Supply (UPS) System Market Revenues, By 1.1-5 kVA, 2018-2028F
7.2.3 Thailand Uninterruptible Power Supply (UPS) System Market Revenues, By 5.1-20 kVA, 2018-2028F
7.2.4 Thailand Uninterruptible Power Supply (UPS) System Market Revenues, By 20.1-50 kVA, 2018-2028F
7.2.5 Thailand Uninterruptible Power Supply (UPS) System Market Revenues, By 50.1-200 kVA, 2018-2028F
7.2.6 Thailand Uninterruptible Power Supply (UPS) System Market Revenues, By Above 200 kVA, 2018-2028F
7.3 Thailand Uninterruptible Power Supply (UPS) System Market Volume Share, By kVA Rating, 2021 & 2028F
7.4 Thailand Uninterruptible Power Supply (UPS) System Market Volume, By kVA Rating
7.4.1 Thailand Uninterruptible Power Supply (UPS) System Market Volume, By Upto 1 kVA , 2018-2028F
7.4.2 Thailand Uninterruptible Power Supply (UPS) System Market Volume, By 1.1-5 kVA, 2018-2028F
7.4.3 Thailand Uninterruptible Power Supply (UPS) System Market Volume, By  5.1-20 kVA, 2018-2028F
7.4.4 Thailand Uninterruptible Power Supply (UPS) System Market Volume, By 20.1-50 kVA, 2018-2028F
7.4.5 Thailand Uninterruptible Power Supply (UPS) System Market Volume, By 50.1-200 kVA, 2018-2028F
7.4.6 Thailand Uninterruptible Power Supply (UPS) System Market Volume, By Above 200 kVA, 2018-2028F
8. Thailand Uninterruptible Power Supply (UPS) System Market Overview, By Applications
8.1 Thailand Uninterruptible Power Supply (UPS) System Market Revenue Share and Revenues, By Applications, 2018-2028F
8.1.1 Thailand Uninterruptible Power Supply (UPS) System Market Revenues, By Commercial Application, 2018-2028F
8.1.2 Thailand Uninterruptible Power Supply (UPS) System Market Revenues, By Industrial Application, 2018-2028F
8.1.3 Thailand Uninterruptible Power Supply (UPS) System Market Revenues, By Residential Application, 2018-2028F
9. Thailand Uninterruptible Power Supply (UPS) System Market Overview, By Regions
9.1 Thailand Uninterruptible Power Supply (UPS) System Market Revenue Share, By Regions, 2018-2028F
9.2  Thailand Uninterruptible Power Supply (UPS) System Market Revenues, By Regions, 2018-2028F
9.2.1 Thailand Uninterruptible Power Supply (UPS) System Market Revenues, By Central Region, 2018-2028F
9.2.2 Thailand Uninterruptible Power Supply (UPS) System Market Revenues, By Northern Region, 2018-2028F
9.2.3 Thailand Uninterruptible Power Supply (UPS) System Market Revenues, By Southern Region, 2018-2028F
10. Thailand Uninterruptible Power Supply (UPS) System Market Key Performance Indicators
11. Thailand Uninterruptible Power Supply (UPS) System Market Opportunity Assessment
11.1 Thailand Uninterruptible Power Supply (UPS) System Market Opportunity Assessment, By kVA Rating, 2026F
11.2 Thailand Uninterruptible Power Supply (UPS) System Market Opportunity Assessment, By Applications, 2026F
11.3 Thailand Uninterruptible Power Supply (UPS) System Market Opportunity Assessment, By Regions, 2026F
12. Thailand Uninterruptible Power Supply (UPS) System Market Competitive Landscape
12.1 Thailand Uninterruptible Power Supply (UPS) System Market Revenue Ranking, By Companies, 2021
12.2 Thailand Uninterruptible Power Supply (UPS) System Market Competitive Benchmarking, By Technical Parameters
12.3 Thailand Uninterruptible Power Supply (UPS) System Market Competitive Benchmarking, By Operating Parameters
13. Company Profiles
13.1 Eaton Corporation PLC
13.2 Emerson Electric Co.
13.3 Schneider Electric SE
13.4 ABB Ltd.
13.5 Socomec Group S.A.
13.6 Delta Electronics (Thailand) Public Company Limited 
13.7 Vertiv Group Corp. 
13.8 Hitachi Asia (Thailand) Company Limited 
13.9 Fuji Electric (Thailand) Co., Ltd.
13.10 General Electric Company 
14. Key Strategic Recommendations
15.Disclaimer
List of Figures 
1. Thailand Uninterruptible Power Supply (UPS) System Market Revenues & Volume, 2018-2028F (USD Million, Units)
2. Data Centre Market Share In Bangkok, Q1 2022
3. Bangkok Office New Supply, 2022-2024, in Square Meters
4. Thailand Uninterruptible Power Supply (UPS) System Market Revenue Share, By kVA Rating, 2021 & 2028F
5. Thailand Uninterruptible Power Supply (UPS) System Market Volume Share, By kVA Rating, 2021 & 2028F
6. Thailand Uninterruptible Power Supply (UPS) System Market Revenue Share, By Applications, 2021 & 2028F
7. Thailand Uninterruptible Power Supply (UPS) System Market Revenue Share, By Regions, 2021 & 2028F
8. Estimated Growth in IT Spending, Global Vs Thailand, 2022
9. Number of Data Centers in Thailand, By Cities
10. Thailand Uninterruptible Power Supply (UPS) System Market Opportunity Assessment, By kVA Rating, 2028F
11. Thailand Uninterruptible Power Supply (UPS) System Market Opportunity Assessment, By Applications, 2028F
12. Thailand Uninterruptible Power Supply (UPS) System Market Opportunity Assessment, By Regions, 2028F
13. Thailand Uninterruptible Power Supply (UPS) System Market Revenue Ranking, By Companies, 2021
List of Tables 
1. Government Incentives based on Activity for Foreign Businesses in Thailand
2. Thailand Uninterruptible Power Supply (UPS) System Market Revenues, By kVA Rating, 2018-2028F ( $ Million )
3. Thailand Uninterruptible Power Supply (UPS) System Market Volume, By kVA Rating, 2018-2028F (Thousand Units)
4. Thailand Uninterruptible Power Supply (UPS) System Market Revenues, By Applications, 2018-2028F ($ Million)
5. Thailand Uninterruptible Power Supply (UPS) System Market Revenues, By Regions, 2018-2028F ($ Million)
6. Thailand Upcoming Commercial Projects
7. Upcoming Building Projects in Central Thailand 

Philippines UPS Systems Market (2018-2024): Market Forecast By KVA Ratings (Up to 1 KVA, 1.1-5 KVA, 5.1-20 KVA, 20.1-50 KVA, 50.1-200 KVA and Above 200 KVA), By Applications (Residential, Industrial and Commercial including Offices, Healthcare, BFSI, Hospitality, Education, Data Centre and Others.), By Regions (Luzon, Visayas and Mindanao) and Competitive Landscape

Indonesia Uninterruptible Power Supply (UPS) Systems Market (2018-2024): Market Forecast By KVA Ratings (Up to 1.1 kVA, 1.1 kVA - 5 kVA, 5.1 kVA - 20 kVA, 20.1 kVA - 50 kVA, 50.1 kVA - 200 kVA and Above 200 kVA), By Applications (Commercial (Offices, Healthcare, Hospitality, BFSI, Data Centres and Others including Retail, Government Buildings and Transportation Infrastructure), Industrial and Residential)), By Regions (Java, Sumatra, Kalimantan, Sulawesi and Papua) and Competitive Landscape

Singapore Uninterruptible Power Supply (UPS) Systems Market (2018-2024): Market Forecast By KVA Ratings (Up to 1.1 kVA, 1.1 kVA - 5 kVA, 5.1 kVA - 20 kVA, 20.1 kVA - 50 kVA, 50.1 kVA - 200 kVA and Above 200 kVA), By Applications (Commercial (Offices, Healthcare, Hospitality, BFSI, Data Centres and Others including Retail, Government Buildings and Transportation Infrastructure), Industrial and Residential)) and Competitive Landscape

Malaysia UPS Systems Market (2018-2024): Market Forecast By KVA Ratings (Up to 1.1 kVA, 1.1 kVA - 5 kVA, 5.1 kVA - 20 kVA, 20.1 kVA - 50 kVA, 50.1 kVA - 200 kVA and Above 200 kVA), By Applications (Commercial (Offices, Healthcare, Hospitality, BFSI, Data Centres and Others including Retail, Government Buildings and Transportation Infrastructure), Industrial and Residential)), By Regions (Peninsular, Sarawak and Sabah) and Competitive Landscape

Vietnam UPS Systems Market (2018-2024): Market Forecast By KVA Ratings (Up to 1.1 kVA, 1.1 kVA - 5 kVA, 5.1 kVA - 20 kVA, 20.1 kVA - 50 kVA, 50.1 kVA - 200 kVA and Above 200 kVA), By Applications (Commercial (Offices, Healthcare, Hospitality, BFSI, Data Centres and Others including Retail, Government Buildings and Transportation Infrastructure), Industrial and Residential)), By Regions (Northern, Central and Southern) and Competitive Landscape

Middle East and Africa Uninterruptible Power Supply (UPS) Market (2018-2024): Market Forecast By KVA Rating (Below 1.1 KVA, 1.1 KVA - 5 KVA, 5.1 KVA - 20 KV, 20.1 KVA - 50 KVA, 50.1 KVA - 200 KVA and Above 200 KVA), By Applications (Commercial (Education, Offices, Healthcare, Hospitality, BFSI, Data Centers and Others including Retail, Government Buildings and Transportation Infrastructure), Industrial and Residential)), By Countries (Middle East (Saudi Arabia, UAE, Turkey, Iran, Iraq, Jordon, Lebanon, Qatar and Kuwait), Africa (South Africa, Nigeria, Egypt, Ivory Coast, Tanzania, Algeria, Morocco, Ghana and Kenya)) and Competitive Landscape

 

Market Forecast By KVA Ratings (Up to 1 KVA, 1.1-5 KVA, 5.1-20 KVA, 20.1-50 KVA, 50.1-200 KVA and Above 200 KVA), By Applications (Residential, Industrial as well as Commercial including Offices, Healthcare, BFSI, Hospitality, Education, Data Centre and Others), By Regions (Northern, North Eastern, Central and Southern) and Competitive Landscape

Product Code: ETC000545 Publication Date: Jul 2022 Product Type: Report
Publisher: 6Wresearch No. of Pages: 125 No. of Figures: 47 No. of Tables: 23

Thailand UPS Systems market report thoroughly covers the Uninterruptible Power Supply (UPS) Systems market by KVA ratings, applications, and regions. The Thailand UPS market outlook report provides an unbiased and detailed analysis of the Thailand UPS 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 UPS Systems market Synopsis

Thailand UPS Systems market is expected to gain momentum during the upcoming years on the back of Technological advancements across all the segments such as industrial, commercial, and residential sectors and a surge in the Information Technology industry. Additionally, growing investment in the hospitality and healthcare sectors and the government's efforts to strengthen the country's economy by investing heavily in the manufacturing sector, particularly for electronics and automobiles would drive the market of UPS systems in forthcoming years.

Growing disposable income coupled with increasing urbanization is driving the demand for UPS Systems. Additionally, the growing population backed by rising demand for regular and uninterruptible power supply is adding to the Thailand UPS Systems Market Growth. Major investment in IT infrastructure and the growing need for power backup in order to avoid the risk of power failure triggers the potential growth of the market.

According to 6Wresearch, Thailand UPS Systems market size is projected to grow at a CAGR of 5.7% during 2018-2024. Growing IT infrastructure and the need for power backup solutions would spur the market for UPS systems in Thailand. Expected growth in the country's commercial and industrial sectors on account of significant emphasis on the manufacturing and healthcare industries would drive the demand for UPS systems during the forecast period. Thailand has recently introduced the ICT Policy Framework 2020, which aims at a number of development strategies and goals, which include universal broadband, a competent ICT workforce, a competitive ICT industry, digital government, etc., which would fuel the market for UPS systems in the country.

Thailand UPS Systems Market (2018-2024)

Market Analysis by region

The central region captured the highest Thailand UPS Systems market share on account of the development of the commercial and industrial sectors owing to the Thailand 4.0 development plan and other initiatives such as the Thailand Manufacturing Logistics Master Plan 2017-2020. The government is also aiming to increase foreign investment in the coming years which would enhance the growth of the infrastructural footprint in the region. On account of several upcoming social infrastructure projects such as Magnolias Waterfront Residences Tower 1, Bangkok Mall and Grand Rama Tower market for UPS systems would increase during the forecast period.

Key Highlights of the Report:

• Thailand UPS Market Overview
• Thailand UPS Market Outlook
• Thailand UPS Market Forecast
• Historical Data of Global Uninterruptible Power Supply (UPS) Systems Market for The Period 2014-2017
• Market Size & Forecast of Global Uninterruptible Power Supply (UPS) Systems Market Until 2024
• Historic Data of Thailand UPS Market Revenues and Volume, 2014-2017
• Thailand UPS Market Size & Thailand UPS Market Forecast, Until 2024
• Historic Data of Thailand UPS Systems Market for Up to 1 kVA for Revenues & Volume, during 2014-2017
• Market Size & Forecast of Thailand Up to 1 kVA UPS Systems Market Revenues & Volume Until 2024
• Historic Data of Thailand 1.1 kVA - 5 kVA UPS Systems Market Revenues & Volume, 2014-2017
• Market Size & Forecast of Thailand 1.1 kVA - 5 kVA UPS Systems Market Revenues & Volume Until 2024
• Historic Data of Thailand 5.1 kVA - 20 kVA UPS Systems Market Revenues & Volume, 2014-2017
• Market Size & Forecast of Thailand 5.1 kVA - 20 kVA UPS Systems Market Revenues & Volume Until 2024
• Historic Data of Thailand 20.1 kVA - 50 kVA UPS Systems Market Revenues & Volume, 2014-2017
• Market Size & Forecast of Thailand 20.1 kVA - 50 kVA UPS Systems Market Revenues & Volume Until 2024
• Historic Data of Thailand UPS Systems Market for up to 50.1 kVA - 200 kVA for Revenues & Volume, during 2014-2017
• Market Size & Forecast of Thailand 50.1 kVA - 200 kVA UPS Systems Market Revenues & Volume Until 2024
• Historic Data of Thailand UPS Market Revenues & Volume for Above 200 kVA, during 2014-2017
• Market Size & Forecast of Thailand 200 kVA & Above UPS Systems Market Revenues & Volume until 2024
• Historical data and Forecast of Thailand Uninterruptible Power Supply (UPS) Systems Market, By Applications, 2014-2024
• Historical data and Forecast of Thailand Uninterruptible Power Supply (UPS) Systems Market, By Regions, 2014-2024
• Market Drivers and Restraints
• Thailand UPS Market Trends and Opportunities
• Thailand UPS Market Overview on Competitive Landscape
• Thailand UPS Market Share, By Players
• Company Profiles
• Strategic Recommendations

Markets Covered

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

By KVA Ratings

  • Up to 1 KVA
  • 1.1-5 KVA
  • 5.1-20 KVA
  • 20.1-50 KVA
  • 50.1-200 KVA
  • Above 200 KVA

By Applications

  • Residential
  • Industrial
  • Commercial (Offices, healthcare, BFSI, hospitality, education, Data Center & Others)

By Regions

  • Northern
  • North Eastern
  • Central
  • Southern
Frequently Asked Questions About the Market Study: FAQs

1). Which region captured the highest share in Thailand UPS Systems Market?

The central region captured the highest Thailand UPS Systems market share.

2). What is the study period of the report?

The study period of the report is 2018-2024.

3). How much growth is expected in Thailand UPS Systems Market during 2018-2024?

Thailand UPS Systems market size is projected to grow at a CAGR of 5.7% during 2018-24.

4). What is the factor behind the Thailand UPS Systems Market Growth?

Thailand UPS Systems market is expected to gain momentum during the upcoming years on the back of Technological advancements across all the segments such as industrial, commercial, and residential sectors and a surge in the Information Technology industry.

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