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Thailand Solar Inverter Market (2018-2024): Market Forecast by Power Ratings, by Types, by Verticals, by Regions, and Competitive Landscape

  • ID: 4721050
  • Report
  • Region: Thailand
  • 110 Pages
  • 6W Research
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The Thailand Solar Inverter Market is Projected to Grow at a CAGR of 14.3% During 2018-24

FEATURED COMPANIES

  • ABB Limited
  • Fronius (Thailand) Ltd.
  • KACO New Energy Gmbh
  • Schneider Electric SE
  • MORE

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

Thailand is currently the largest solar energy producing country in the South East Asian region. The country, however, has experienced high volatility in terms of net additions in solar installed capacity over the previous years. Under the AEDP, the government aims to install approximately 17 GW of solar energy in Thailand by 2036. This would act as a main driving force behind the growth of the solar inverter market in Thailand. However, due to an immense surge in solar installations particularly in 2016, the market is anticipated to slow down as compared to previous years.

According to this research, Thailand Solar Inverter Market 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 a 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 the 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. Microinverters, on the other hand, occupied least market revenue share owing to higher per watt price and their inability to be used efficiently in high power generation capacity applications in power plants.

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

Key Highlights of the Report:

  • Historical Data of Thailand Solar Inverter Market Revenue and Volume for the Period 2014-2024F.
  • Market Size & Forecast of Thailand Solar Inverter Market for the Period 2014-2024F.
  • 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 Revenue 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
  • Market Drivers and Restraints.
  • Market Trends and Developments.
  • Players Market Share.
  • Company Profiles.
  • Strategic Recommendations.

Markets Covered

By Power Ratings

  • Below 10 kW
  • 10 kW - 100 kW
  • 100.1 kW - 1 MW
  • Above 1 MW

By Types

  • Central Inverter
  • String Inverter
  • Micro Inverter

By Verticals

  • Residential
  • Commercial & Industrial
  • Utility

By Regions

  • Northern
  • North Eastern
  • Central
  • Southern
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • ABB Limited
  • Fronius (Thailand) Ltd.
  • KACO New Energy Gmbh
  • Schneider Electric SE
  • MORE

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 Restraints

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

Note: Product cover images may vary from those shown
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  • ABB Limited
  • Delta Electronics (Thailand) Public Company Limited
  • Fronius (Thailand) Ltd.
  • Huawei Technologies (Thailand) Co.,Ltd.
  • Jiangsu Goodwe Power Supply Technology Ltd.
  • KACO New Energy Gmbh
  • Schneider Electric SE
  • Shenzhen Growatt New Energy Technology Co., Ltd
  • SMA Solar (Thailand) Co., Ltd.
  • Sungrow Power Supply Co., Ltd.
Note: Product cover images may vary from those shown
5 of 5
Note: Product cover images may vary from those shown
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