Thailand Switchgear Market Research Report Forecast 2018-2024Posted by Bharat Book on April 27th, 2018 Bharat Book Bureau Provides the Trending Market Research Report on Thailand Switchgear Market Opportunity Analysis And Industry Forecast 2018-2024 under Industry & Mfg category. The report provides information on industry overview, market size, latest developments, industry trends, Key players, Thailand presence, and their future prospects. Thailand Switchgear Market (2018-2024): 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 Government initiatives such as Power Development Plan and Alternative Energy Development Plan aims to increase Thailand's power generation and transmission capacity in order to cope up with growing energy demand. With development of Power transmission and distribution network, demand for switchgear would also surge over the next six years. Additionally, the Eastern Economic Corridor is also expected to promote the domestic manufacturing in automotive, electronics, petrochemical, agriculture and food verticals, resulting in the growth of electrical products such as switchgears over the coming years. Request a free sample copy of Switchgear Market Report @ Thailand Switchgear market 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, 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 future. Low voltage switchgear segment acquired 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 2017 followed by Industrial sector, due to high consumption of low, medium and high voltage switchgear in 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 report comprehensively covers Thailand Switchgear Market by voltage, insulation, types, applications and regions. The report provides an unbiased and detailed analysis of the on-going 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: - Historical Data of Thailand Switchgear Market Revenues for the Period 2014-2017 Markets Covered The report provides detailed analysis of the following market segments: • By Voltage: • By Insulation: - Medium Voltage: - High Voltage: • By Voltage Types: - Low Voltage: - Medium Voltage: • By Verticals: • By Regions: Browse our full report with Table of Contents : About Bharat Book Bureau: Contact us at: Follow us on : Twitter, Facebook, LinkedIn, Google Plus Like it? Share it!More by this author |