6wresearch logo

Thailand Solar Inverter Market (2018-2024)

Market Forecast By Power Ratings (Below 10 kW, 10 kW - 100 kW, 100.1 kW - 1 MW and Above 1 MW), By Types (Central Inverter, String Inverter and Micro Inverter), By Verticals (Residential, Commercial & Industrial and Utility), By Regions (Northern, North Eastern, Central and Southern) and Competitive Landscape

  • Product Code:ETC000538
  • Publication Date:November 2018
  • Publisher:6Wresearch
  • Product Type:Report
  • No. of Pages:110
  • No. of Figures:51
  • No. of Tables:8

Ask The Analyst For

Thailand Solar Inverter Market (2018-2024)

Request a sample for

Thailand Solar Inverter Market (2018-2024)

Thailand Solar Inverter Market (2018-2024)


  • Report Description
  • Table of Content
  • Summary
  • Related Topics

The solar inverter market in Thailand experienced lot of ups and downs over the past few years due to the high variability in net additions of solar capacity in the country. The growing focus of the government of Thailand on the development of the renewable energy sector in the country, with initiatives such as the Alternate Energy Development Plan, would benefit the growth of the Thailand solar inverter market in the coming years.

According to 6Wresearch, Thailand Solar Inverter Market Size is projected to grow at a CAGR of 14.3% during 2018-24. The market by applications is dominated by the commercial and industrial sectors owing to the large number of inverter installations in these segments. In 2015, due to the government's solar target, a large number of solar inverters were installed in the utility segment. However, due to the present over capacity of installed power in the country, the government is reluctant to approve any new solar projects in the near future. As a result, the utility application segment of the solar inverter market in Thailand is predicted to undergo modest growth during the forecast period.

Due to a lower per watt price, greater efficiency and high utilization in commercial, residential and utility segments, string solar inverters dominated the overall solar inverter market in Thailand in 2017. Micro inverters, on the other hand, occupied least Thailand solar inverter market share owing to higher per watt price and their inability to be used efficiently in high power generation capacity applications in power plants.

Thailand solar inverter market report thoroughly covers the Thailand Solar Inverter Market by power rating, types, applications and regions. Thailand solar inverter market outlook report provides an unbiased and detailed analysis of the Thailand solar inverter market trends, opportunities/high growth areas and market drivers, which would help the stakeholders to device and align market strategies according to the current and future market dynamics.

Key Highlights of the Report:
• Thailand Solar Inverter Market Overview
• Thailand Solar Inverter Market Outlook
• Thailand Solar Inverter Market Forecast
• Historical Data of Thailand Solar Inverter Market Revenue and Volume for the Period 2014-2024F.
• Thailand Solar Inverter Market Size & Thailand Solar Inverter Market Forecast, until 2024.
• Historical Data of Thailand Solar Inverter Market Revenue and Volume by power rating for the Period 2014-2024F.
• Market Size & Forecast of Thailand Solar Inverter Market Revenue and Volume by power rating for the
  Period 2014-2024F.
• Historical Data of Thailand Solar Inverter Market Revenue by types for the Period 2014-2024F.
• Market Size & Forecast of Thailand Solar Inverter Market Revenues by types for the Period 2014-2024F.
• Historical Data of Thailand Solar Inverter Market Revenue by verticals for the Period 2014-2024F.
• Market Size & Forecast of Thailand Solar Inverter Market Revenue by verticals for the Period 2014-2024F.
• Historical Data of Thailand Solar Inverter Market Revenue by regions for the Period 2014-2024F
• Market Size & Forecast of Thailand Solar Inverter Market by regions for the Period 2014-2024F
• Thailand Solar Inverter Market Drivers and Restraints.
• Thailand Solar Inverter Market Trends and Opportunities.
• Thailand Solar Inverter Market Trends and Developments.
• Thailand Solar Inverter Market Overview on Competitive Landscape.
• Thailand Solar Inverter Market Share, By Players
• Company Profiles.
• Strategic Recommendations.

Markets Covered:
The Thailand solar inverter market report provides detailed analysis of the following market segments:
• By Power Ratings
    o Below 10 kW
    o 10 kW - 100 kW
    o 100.1 kW - 1 MW
    o Above 1 MW
• By Types
    o Central Inverter
    o String Inverter
    o Micro Inverter
• By Verticals
    o Residential
    o Commercial & Industrial
    o Utility
• By Regions
    o Northern
    o North Eastern
    o Central
    o Southern

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 Solar Power Sector Overview
4. Thailand Solar Inverter Market Overview
    4.1 Thailand Country Indicators
    4.2 Thailand Solar Inverter Market Revenues and Volume, 2014-2024F
    4.3 Thailand Solar Inverter Net Capacity Additions, 2014-2024F
    4.4 Thailand Solar Inverter Market Revenue Share, By Power Rating, 2014 & 2024F
    4.5 Thailand Solar Inverter Market Revenue Share, By Types, 2014 & 2024F
    4.6 Thailand Solar Inverter Market Revenue Share, By Verticals, 2014 & 2024F
    4.7 Thailand Solar Inverter Market Revenue Share, By Regions, 2014 & 2024F
    4.8 Thailand Solar Inverter Market- Industry Life Cycle, 2017
    4.9 Thailand Solar Inverter Market - Porter's Five Forces, 2017
5. Thailand Solar Inverter Market Dynamics
    5.1 Impact Analysis
    5.2 Market Drivers
    5.3 Market Restrains
6. Thailand Solar Inverter Market Trends
7. Thailand Solar Inverter Market Overview, By Power Rating
    7.1 Thailand Below 10 kW Solar Inverter Market Revenues and Volume, 2014-2024F
    7.2 Thailand 10 kW-100 kW Solar Inverter Market Revenues and Volume, 2014-2024F
    7.3 Thailand 100.1 kW-1 MW Solar Inverter Market Revenues and Volume, 2014-2024F
    7.4 Thailand Above 1 MW Solar Inverter Market Revenues and Volume, 2014-2024F
8. Thailand Solar Inverter Market Overview, By Types
    8.1 Thailand Micro Solar Inverter Market Revenues, 2014-2024F
    8.2 Thailand String Solar Inverter Market Revenues, 2014-2024F
    8.3 Thailand Central Solar Inverter Market Revenues, 2014-2024F
9. Thailand Solar Inverter Market Overview, By Verticals
    9.1 Thailand Residential Vertical Solar Inverter Market Revenues, 2014-2024F
          9.1.1 Thailand Residential Sector Overview
    9.2 Thailand Commercial & Industrial Vertical Inverter Market Revenues, 2014-2024F
          9.2.1 Thailand Commercial Sector Overview
          9.2.2 Thailand Industrial Sector Overview
    9.3 Thailand Utility Vertical Solar Inverter Market Revenues, 2014-2024F
          9.3.1 Thailand Power Utilities Sector Overview
10. Thailand Solar Inverter Market Overview, By Regions
      10.1 Thailand Central Region Solar Inverter Market Revenues, 2014-2024F
      10.2 Thailand Northern Region Solar Inverter Market Revenues, 2014-2024F
      10.3 Thailand Southern Region Solar Inverter Market Revenues, 2014-2024F
      10.4 Thailand North Eastern Region Solar Inverter Market Revenues, 2014-2024F
11. Thailand Solar Inverter Market Key Performance Indicators
      11.1 Thailand Government Spending Outlook
      11.2 Thailand Foreign Direct Investment Outlook
      11.3 Thailand Solar Power Utility Overview
12. Thailand Solar Inverter Market Opportunity Assessment
      12.1 Thailand Solar Inverter Market Opportunity Assessment, By Power Rating
      12.2 Thailand Solar Inverter Market Opportunity Assessment, By Types
      12.3 Thailand Solar Inverter Market Opportunity Assessment, By Verticals
13. Competitive Landscape
      13.1 Thailand Solar Inverter Revenue Share, By Company, 2017
      13.2 Competitive Benchmarking, By Types
14. Company Profiles
      14.1 SMA Solar (Thailand) Co., Ltd.
      14.2 Schneider Electric SE
      14.3 Shenzhen Growatt New Energy Technology Co., Ltd
      14.4 Jiangsu Goodwe Power Supply Technology Ltd.
      14.5 Huawei Technologies (Thailand) Co.,Ltd.
      14.6 Sungrow Power Supply Co., Ltd.
      14.7 Delta Electronics (Thailand) Public Company Limited
      14.8 ABB Limited
      14.9 Fronius (Thailand) Ltd.
      14.10 KACO New Energy Gmbh
15. Strategic Recommendations
16. Disclaimer

List of Figures
1. Thailand Solar Installed Capacity, As on September, 2017 (MW)
2. Thailand Power Generation Mix, 2017
3. Thailand Renewable Energy Mix, 2017
4. Thailand Existing Solar Farms
5. Thailand Solar Plan, 2025-2036
6. Thailand Renewable Energy Mix, 2036
7. Thailand Renewable Support Schemes
8. Thailand Solar Inverter Market Revenues and Volume, 2014-2024F ($ Million, Thousand Units)
9. Thailand Solar Inverter Installed Capacity Net Addition, 2014-2024F (MW)
10. Thailand Solar Inverter Market Revenue Share, By Power Rating, 2017 & 2024F
11 Thailand Solar Inverter Market Revenue Share, By Types, 2017 & 2024F
12. Thailand Solar Inverter Market Revenue Share, By Verticals, 2017 & 2024F
13. Thailand Solar Inverter Market Revenue, By Regions, 2017 & 2024F
14. Thailand Solar Inverter Market - Industry Life Cycle 2017
15. Thailand Capacity Additions By 2036 and Electricity Generation in 2036
16. Timeline for Alternative Energy Development Plan
17. Thailand Solar Energy Resource potential
18. Thailand Below 10 kW Solar Inverter Market Revenues and Volume, 2014-2024F ($ Million, Units)
19. Thailand 10 kw-100 kW Solar Inverter Market Revenues and Volume, 2014-2024F ($ Million, Hundred Units)
20. Thailand 100.1 kW-1 MW Solar Inverter Market Revenues and Volume, 2014-2024F ($ Million, Units)
21. Thailand Above 1 MW Solar Inverter Market Revenues and Volume, 2014-2024F ($ Million, Units)
22. Thailand Micro Solar Inverter Market Revenues, 2014-2024F ($ Million)
23. Thailand String Solar Inverter Market Revenues, 2014-2024F ($ Million)
24. Thailand Central Solar Inverter Market Revenues, 2014-2024F ($ Million)
25. Thailand Residential Solar Inverter Market Revenues, 2014-2024F ($ Million)
26. Bangkok New and Existing Condominium Supply, 2012-2017
27. Bangkok New Supply Residential Units By Locations, 2H 2017
28. Bangkok Condominium Market Supply and Demand, 2012-2H 2017
29. Bangkok Condominium Average Price Trends, 2013-2020F (Baht/sqm)
30. Thailand Commercial & Industrial Vertical Inverter Market Revenues, 2014-2024F ($ Million)
31. Bangkok Office Supply and New Supply During 2013-Q3 2017
32. Thailand Industrial Estate Current Market Supply, 2H 2017
33. Thailand Industrial Estate Market Additional Supply, 2014-2020 (Rai)
34. Thailand Utility Vertical Solar Inverter Market Revenues, 2014-2024F ($ Million)
35. Thailand Power Demand Forecast, 2012-2036 (MW)
36. Thailand Central Region Solar Inverter Market Revenues, 2014-2017 ($ Million)
37. Thailand Central Region Solar Inverter Market Revenues, 2018E-2024F ($ Million)
38. Thailand Northern Region Solar Inverter Market Revenues, 2014-2017 ($ Million)
39. Thailand Northern Region Solar Inverter Market Revenues, 2018E-2024F ($ Million)
40. Thailand Southern Region Solar Inverter Market Revenues, 2014-2017 ($ Million)
41. Thailand Southern Region Solar Inverter Market Revenues, 2018E-2024F ($ Million)
42. Thailand North Eastern Region Solar Inverter Market Revenues, 2014-2017 ($ Million)
43. Thailand North Eastern Region Solar Inverter Market Revenues, 2018E-2024F ($ Million)
44. Thailand Actual Government Spending Vs Actual Government Revenues, 2014-2022F (Thai Baht Trillion)
45. Thailand Total Investment as a Percent of GDP, 2014-2022F
46. Thailand Budget Allocation, FY 2018 (Million Baht)
47. Thailand Foreign Direct Investment By Country, 2017(Jan-Sep) (Million Baht)
48. Thailand Solar Inverter Market Opportunity Assessment, By Power Rating, 2024F
49. Thailand Solar Inverter Market Opportunity Assessment, By Types, 2024F
50. Thailand Solar Inverter Market Opportunity Assessment, By Verticals, 2024F
51. Thailand Solar Inverter Market Revenue Share, By Company, 2017

List of Tables
1. Thailand Upcoming Residential Projects
2. Total Future Supply of Bangkok Office Space (Sq.m)
3. Thailand Upcoming Commercial Projects
4. Thailand Upcoming Mall Projects
5. Thailand Upcoming Hotel Projects
6. Thailand Upcoming Manufacturing Project
7. Thailand Export Value Growth of Major Product, 2016-2017
8. Thailand Power Development Plan, 2018-2024

Thailand Solar Inverter Market (2018-2024) report graph
   Source: 6Wresearch

      Latest Report

Myanmar UPS Systems Market (2019-2025)

Market Forecast By kVA Rating (Up to 1 kVA, 1.1 kVA - 10 kVA, 10.1 kVA - 50 kVA, 50.1 kVA - 100 kVA, Above 100 kVA), By Phases (1-Phase and 3-Phase), By Applications (Commercial (Offices, Healthcare, Hospitality, BFSI, Data Centers and Others including Retail, Government...

Read More

Central Asia Diesel Genset Market (2019-2025)

Market Forecast By kVA Rating ( Below 30 kVA, 30.1 kVA-60 kVA, 60.1 kVA-150 kVA, 150.1 kVA-300 kVA, 300.1 kVA-500 kVA, 500.1-1000 kVA and Above 1000 kVA), By Applications (Commercial, Industrial and Infrastructural), By Regions (Azerbaijan, Uzbekistan, Kazakhstan...

Read More

Kuwait Elevator and Escalator Market (2019-2025)

Market Forecast By Types ( Elevator and Escalator), By Applications (Commercial, Industrial and Residential), By Services (New Installation, Maintenance and Modernization), By Regions (Kuwait and Rest of Kuwait) and Competitive Landscape

Read More

UAE Diesel Genset Market (2019-2025)

Market Forecast By KVA Rating (5 - 75 kVA, 75.1 - 375 kVA, 375.1 - 750 kVA, 750.1 - 1000 kVA and Above 1000 kVA), By Verticals (Residential), Commercial (Hospitality, Commercial Offices, Healthcare, Retail, Infrastructure & Transportation and Others including Educational...

Read More

UAE Elevator & Escalator Market (2019-2025)

Market Forecast By Types (Elevator and Escalator), By Applications (Commercial, Industrial and Residential), By Services (New Installation, Maintenance and Modernization), By Regions (Northern and Southern) and Competitive Landscape

Read More

India AFC Systems Market (2019-2025)

Market Forecast By Applications (Metro Railway, Bus/BRTS Transport, Railway Transport, Parking Solution and Others), By AFC Technology (Near-Field Communication, Magnetic Strips & Tokens, QR Code/Barcode and Smart Cards), By Types (Hardware, Software and Services)...

Read More

Indonesia Power and Distribution Transformers Market (2019-2025)

Market Forecast By Types (Power Transformers and Distribution Transformers), By Power Ratings (Distribution Transformers (Up to 100 KVA, 100.1 KVA- 315 KVA and 315.1 KVA- 5000 KVA), Power Transformers (5.1 MVA- 50 MVA, 50.1 MVA- 160 MVA, 160.1 MVA- 350 MVA...

Read More

India Room Air Conditioner Market (2019-2025)

Market Forecast By Types (Window and Split), By Capacity (Below 1 Ton, 1-2 Ton and Above 2 Ton), By Applications (Residential, Commercial and Industrial), By Regions (Northern, Western, Eastern and Southern) and Competitive Landscape

Read More

India Air Purifier Market (2019-2025)

Market Forecast By Types (Room and Car), By Technology (Type-I (HEPA + Carbon), Type-II (HEPA + Carbon + Ionizer), Type-III (HEPA+ Carbon + UV), Type-IV (HEPA + Carbon + Electrostatic) and Type-V (HEPA + Carbon + Ionizer + UV Light + Electrostatic), By Sales Channels...

Read More

South-East Asia Air Conditioner Market (2018-2024)

Market Forecast By Types (Room AC (Window and Split), Ducted AC (Ceiling Concealed and Rooftop Packaged), Ductless AC (Cassette, Floor Standing and Ceiling Suspended), Centralized AC (VRF, AHU/FCU, Chiller, Condensing Unit and Others including Evaporator...

Read More


Our Key Clients
6wreserach client list


6Wresearch Events
6wreserach events