| Product Code: ETC9697592 | Publication Date: Sep 2024 | Updated Date: Feb 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Thailand import momentum for variable frequency and speed drives (VFD and VSD) saw a notable growth rate of 8.25% from 2023 to 2024. The compound annual growth rate (CAGR) for the period of 2020-2024 stood at 14.99%. This upward trend can be attributed to the increasing demand for energy-efficient solutions in industrial applications, indicating a shift towards sustainable practices within the market.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Thailand Variable Frequency And Speed Drives (Vfd And Vsd) Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Variable Frequency And Speed Drives (Vfd And Vsd) Market Revenues & Volume, 2022 & 2032F |
3.3 Thailand Variable Frequency And Speed Drives (Vfd And Vsd) Market - Industry Life Cycle |
3.4 Thailand Variable Frequency And Speed Drives (Vfd And Vsd) Market - Porter's Five Forces |
3.5 Thailand Variable Frequency And Speed Drives (Vfd And Vsd) Market Revenues & Volume Share, By Type, 2022 & 2032F |
3.6 Thailand Variable Frequency And Speed Drives (Vfd And Vsd) Market Revenues & Volume Share, By Application, 2022 & 2032F |
4 Thailand Variable Frequency And Speed Drives (Vfd And Vsd) Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing industrial automation and digitalization in Thailand |
4.2.2 Growing demand for energy-efficient solutions |
4.2.3 Government initiatives promoting the adoption of variable frequency and speed drives |
4.3 Market Restraints |
4.3.1 High initial investment and installation costs |
4.3.2 Lack of awareness and skilled manpower for operating VFDs and VSDs |
4.3.3 Economic uncertainties impacting investment decisions |
5 Thailand Variable Frequency And Speed Drives (Vfd And Vsd) Market Trends |
6 Thailand Variable Frequency And Speed Drives (Vfd And Vsd) Market, By Types |
6.1 Thailand Variable Frequency And Speed Drives (Vfd And Vsd) Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Thailand Variable Frequency And Speed Drives (Vfd And Vsd) Market Revenues & Volume, By Type, 2022-2032F |
6.1.3 Thailand Variable Frequency And Speed Drives (Vfd And Vsd) Market Revenues & Volume, By Ac Drives, 2022-2032F |
6.1.4 Thailand Variable Frequency And Speed Drives (Vfd And Vsd) Market Revenues & Volume, By Vc Drives, 2022-2032F |
6.1.5 Thailand Variable Frequency And Speed Drives (Vfd And Vsd) Market Revenues & Volume, By Servo Drives, 2022-2032F |
6.2 Thailand Variable Frequency And Speed Drives (Vfd And Vsd) Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Thailand Variable Frequency And Speed Drives (Vfd And Vsd) Market Revenues & Volume, By Mining, 2022-2032F |
6.2.3 Thailand Variable Frequency And Speed Drives (Vfd And Vsd) Market Revenues & Volume, By Oil &Gas, 2022-2032F |
6.2.4 Thailand Variable Frequency And Speed Drives (Vfd And Vsd) Market Revenues & Volume, By Power Generation, 2022-2032F |
7 Thailand Variable Frequency And Speed Drives (Vfd And Vsd) Market Import-Export Trade Statistics |
7.1 Thailand Variable Frequency And Speed Drives (Vfd And Vsd) Market Export to Major Countries |
7.2 Thailand Variable Frequency And Speed Drives (Vfd And Vsd) Market Imports from Major Countries |
8 Thailand Variable Frequency And Speed Drives (Vfd And Vsd) Market Key Performance Indicators |
8.1 Energy savings achieved by using VFDs and VSDs |
8.2 Number of industrial automation projects incorporating VFDs and VSDs |
8.3 Adoption rate of VFDs and VSDs in key industries |
8.4 Percentage of government projects integrating VFDs and VSDs |
8.5 Number of training programs conducted to enhance VFD and VSD knowledge among professionals. |
9 Thailand Variable Frequency And Speed Drives (Vfd And Vsd) Market - Opportunity Assessment |
9.1 Thailand Variable Frequency And Speed Drives (Vfd And Vsd) Market Opportunity Assessment, By Type, 2022 & 2032F |
9.2 Thailand Variable Frequency And Speed Drives (Vfd And Vsd) Market Opportunity Assessment, By Application, 2022 & 2032F |
10 Thailand Variable Frequency And Speed Drives (Vfd And Vsd) Market - Competitive Landscape |
10.1 Thailand Variable Frequency And Speed Drives (Vfd And Vsd) Market Revenue Share, By Companies, 2025 |
10.2 Thailand Variable Frequency And Speed Drives (Vfd And Vsd) Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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