Thailand Diesel Generator Market Size & Insights

According to MarkNtel Advisors study The future of Thailand Diesel Generator Market is estimated to grow at a CAGR of around 4.56% during the forecast period, i.e., 2023-28. 

What are the Key Driver in the Thailand Diesel Generator Market?

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.

What are the Key Segments in the Thailand Diesel Generator Market?

The Thailand Diesel Generator is categorized into notable segments, which help in understanding the structure, dynamics, and opportunities within the market. These segments are typically based on:

• 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)
• 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)

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How does geographical analysis highlight in the Thailand Diesel Generator market?

·       By Region

• • Midwest
  • Northeast
  • South
  • West

Who are the Key Players in Thailand Diesel Generator Market?

·       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.

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Thailand Diesel Generator Market News

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.

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Why This MarkNtel Advisors Research Report:

• In-depth Market Analysis: Understand trends and dynamics shaping growth.
• Segmented Insights: Target specific segments for focused strategies.
• Geographical Performance: Assess market opportunities by geographic area.
• Emerging Technologies: Discover advancements like AI integration.
• Risk Identification: Pinpoint challenges to inform strategic planning.
• Future Forecasts: Prepare for market changes with actionable projections.

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