Thailand Genset Rental Market Outlook (2020-2026) | Growth, Forecast, Revenue, Size, COVID-19 IMPACT, Companies, Analysis, Share, Industry, Trends & Value

Market Forecast By Types (Diesel Genset Rental, Gas Genset Rental), By KVA Rating (Diesel Genset (Below 100 KVA, 100.1-350 KVA, 350.1-750 KVA, 750.1-1000 KVA, Above 1000 KVA), Gas Genset (Below 100 KVA, 100.1-375 KVA, 375.1-1000 KVA, Above 1000 KVA)), By Applications (Standby Genset Rental, Prime/ Continuous Genset Rental), By Prime Applications (Peak Load, Base Load), By Verticals (Utilities, Oil & Gas, Construction, Manufacturing, Quarrying & Mining, Commercial, Others (Agriculture, Municipal Work, And Events)) And Competitive Landscape

Product Code: ETC160008	Publication Date: Feb 2022	Product Type: Market Research Report
Publisher: 6Wresearch	No. of Pages: 80	No. of Figures: 12	No. of Tables: 4

Thailand Genset Rental Market report comprehensively covers the market by Types, KVA ratings, Applications, Prime Applications, and Verticals. The Thailand Genset Rental market outlook report provides an unbiased and detailed analysis of the Thailand Genset Rental market trends, opportunities, high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

Thailand Genset Rental Market Synopsis

Thailand is one of the major economies amongst the ASEAN countries. Even though the electrification rate in Thailand is 99%, diesel gensets are used to provide backup power in case of emergencies, power cuts, peak shaving, natural calamities and are often used by industries to cut their cost of using grid electricity. Moreover, the growing construction and manufacturing sectors in the country aided the growth of the Genset rental market in recent years. However, the Covid-19 pandemic had slowed down the market in terms of the supply of the product during 2020. While on the other hand, the demand-side also fell victim to the slowdown due to the market being closed during the lockdown period. Currently, the market has recovered gradually and is likely to witness growth over the coming years.

Thailand Genset Rental Market Outlook (2020-2026)

According to 6Wresearch, Thailand Genset Rental Market size is expected to grow at a CAGR of 11.2% during 2020-2026. As a result of the corona virus outbreak, the market is anticipated to witness a downfall during the year 2020. However, with rising opportunities in the manufacturing sector, growing construction sector, and government plans to increase electricity generation capacity, the demand for rental gensets would witness a stable growth during the forecast period.

Market Analysis By Types

Diesel gensets generated the majority of the revenues in the Genset rental market during the year 2019 and would continue to lead the market in the coming years on account of several benefits associated with diesel gensets such as the economical cost of diesel and easy supply & storage, while natural gas is supplied through pipelines and can not be stored making them less preferable over diesel gensets.

Thailand Genset Rental Market Outlook (2020-2026)

Key Attractiveness of the Report

COVID-19 Impact on the Market.
10 Years Market Numbers.
Historical Data Starting from 2016 to 2019.
Base Year: 2019
Forecast Data until 2026.
Key Performance Indicators Impacting the Market.
Major Upcoming Developments and Projects.

Key Highlights of the Report

Thailand Genset Rental Market Overview
Thailand Genset Rental Market Outlook
Thailand Genset Rental Market Forecast
Historical data & Forecast of Thailand Genset Rental Market Revenues for the Period 2016-2026F
Historical data & Forecast of Thailand Genset Rental Market Revenues, By Types, for the Period 2016-2026F
Historical data & Forecast of Thailand Genset Rental Market Revenues, By kVA Rating, for the Period 2016-2026F
Historical data & Forecast of Thailand Genset Rental Market Revenues, By Applications, for the Period 2016-2026F
Historical data & Forecast of Thailand Genset Rental Market Revenues, By Prime Applications, for the Period 2016-2026F
Historical data & Forecast of Thailand Genset Rental Market Revenues, By Verticals, for the Period 2016-2026F
Thailand Genset Rental Market Drivers and Restraints
Thailand Genset Rental Market Trends and Industry Life Cycle
Porter’s Five Force Analysis
Thailand Genset Rental Market Opportunity Assessment
Thailand Genset Rental Market Player’s Revenue Shares
Market Competitive Benchmarking
Company Profiles
Key Strategic Recommendations