MarkNtel Advisors recently published a detailed industry analysis of the Thailand Diesel Generator Market. The report covers growth trends, geographical marketing strategies, challenges, opportunities, and drivers influencing the market.
Thailand Diesel Generator, Share, and Trends Analysis Report – Industry Overview and Forecast to 2028
The Thailand Diesel Generator Marketis estimated to grow at a CAGR of around 4.56% during the forecast period, i.e., 2023-28.
Key Findings in Thailand Diesel Generator Market:
- Historical Analysis: 2018 –2021
- Base Year: 2022
- Forecast Period: 2023-2028
Leading Market Players- Caterpillar Thailand Ltd., Cummins DKSH Thailand Ltd, FG Wilson Asia Pte Ltd., Denyo United Machinery Pte Ltd, Yanmar Holdings Co., Ltd, Atlas Copco, Mitsubishi, Doosan Portable Power, Kohler Co., Airman Asia Sdn. Bhd., Others
Key Highlights of the Report
- Market Dimensions And Projections
- Pricing Evaluation,
- Recent Strategic Moves by Companies,
- Primary Stakeholders,
- Analysis of Import and Export Trends,
- Competitive Landscape Assessment,
- Emerging Opportunities,
- Market Trends and Indicators
What are the major Driver the Thailand Diesel Generator industry?
Significantly Growing Telecommunications Industry- The growth of the telecommunications sector in Thailand due to the rapid deployment of 5G networks, rising demand fix broadband services, and increasing popularity of OTT services has pushed the need for a reliable power supply. As a result, the key telecom companies in the country like AIS, DTAC, TrueMove, etc., are increasingly deploying 5G networks to cater to varied customer requirements, subsequently supporting the government’s action plan for promoting the adoption of 5G Technology to boost the country’s economy in the coming years. This is resulting in the ever-increasing construction of telecom towers in the country and thus elevating the demand for diesel generators as power backups.
Moreover, Thailand’s commitment to embracing IoT & smart city applications under its Thailand 4.0 policy is propelling the transformation of urban centers into smart & sustainable cities. The initiative aims to establish the country as a well-developed digital hub in Southeast Asia. Smart cities are a core pillar of this policy, focused on enhancing the digital capacity of city management. In order to realize this vision, the country is developing smart blocks in municipalities like Chiang Mai, Nakhon Sawan, and Udon City, equipped with “smart poles” embedded with IoT sensors for data collection, in which a robust telecom infrastructure, including telecom towers, is crucial for connecting various devices, sensors, & systems. Hence, as the number of smart cities increases, the need for telecom infrastructure, and consequently diesel generators, is expected to rise in the forecast period.
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What segments define the Thailand Diesel Generator Market from 2023 to 2028? How do these segments contribute to market dynamics and growth?
By KVA Rating
- Up to 75KVA- Market Size & Forecast 2018-2028, (Units Sold)
- 75.1 KVA to 375 KVA- Market Size & Forecast 2018-2028, (Units Sold)
- 375.1 to 750 KVA- Market Size & Forecast 2018-2028, (Units Sold)
- 750.1 KVA to 1000 KVA- Market Size & Forecast 2018-2028, (Units Sold)
- Above 1000 KVA- Market Size & Forecast 2018-2028, (Units Sold)
By Type
- Stand By- Market Size & Forecast 2018-2028, (Units Sold)
- Prime & Continuous Power- Market Size & Forecast 2018-2028, (Units Sold)
- Peak Shaving- Market Size & Forecast 2018-2028, (Units Sold)
According to report, Here, standby diesel generators hold a major market share, owing to the growing infrastructure projects, coupled with rising FDI investments across the country.
By End Users
- Residential- Market Size & Forecast 2018-2028, (Units Sold)
- Commercial (Hospitality, Retail, Educational Institutions, etc.) – Market Size & Forecast 2018-2028, (Units Sold)
- Healthcare- Market Size & Forecast 2018-2028, (Units Sold)
- Government & Transport- Market Size & Forecast 2018-2028, (Units Sold)
- Industrial (Manufacturing Facilities, Assembly Units, etc.) – Market Size & Forecast 2018-2028, (Units Sold)
- Equipment Rental Companies- Market Size & Forecast 2018-2028, (Units Sold)
According to report, Here, the commercial sector is projected to acquire the major market share in the coming years, owing to the rapidly growing number of retail spaces and the booming tourism industry.
Explore the Complete Thailand Diesel Generator Market Analysis Report – https://www.marknteladvisors.com/research-library/thailand-diesel-generator-market.html
Geographical Analysis: Thailand Diesel Generator Market
By Region
- Midwest
- Northeast
- South
- West
The Middle East and Africa Pipes and Fittings Market Industry Recent Development:
- In 2023, Caterpillar Inc., announced the introduction of the Cat XQ330 mobile diesel generator set, a new power solution for standby and prime power applications that meets U.S. EPA Tier 4 Final emission standard.
Key Questions Addressed in This Study
- What are the primary factors driving the growth of the Southeast Asia Booster Compressor?
- How is the Southeast Asia Booster Compressor expected to evolve over the next five years?
- What key insights can be drawn from current trends shaping the market?
- What is the current market size, and how is it forecasted to change in the coming years?
- What is the future outlook for the market in terms of technological innovation and geographic expansion?
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Why MarkNtel Advisors?
MarkNtel Advisors is a leading research, consulting, And data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial And varied client base, including multinational corporations, financial institutions, governments, And individuals, among others.
Our specialization in niche industries informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing And forecasting, And trend analysis, among others, for 15 diverse industrial verticals.
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