Thailand Uninterruptible Power Supply (UPS) System Market revenue is projected to grow at a CAGR of 8.0% from 2022-2028

Central Region accounted to held the largest share in the Thailand UPS System Market- 6Wresearch

The central region has gathered the maximum revenue share in the Thailand Uninterruptible Power Supply (UPS) System Market and is predicted to grow at a fast pace in the forecasted period. Thailand UPS Industry consists of numerous suppliers of raw materials such as transformers, resistors, and capacitors, due to which supplier power tends to be low. The manufacturer may switch to another supplier for better prices and quality. 

According to 6Wresearch, the Thailand Uninterruptible Power Supply (UPS) System Market revenue is projected to grow at a CAGR of 8.0% from 2022-2028. Thailand Uninterruptible Power Supply (UPS) System market is at a growing stage in the industry lifecycle on the back of growing investment in the ICT sector. Moreover, expanding the medical sector, the establishment of 5G hospital, ‘Siriraj Hospital’, also played a pivotal role in the growth of the UPS market in Thailand.

Furthermore, government initiatives to make Thailand a medical hub coupled with increasing office spaces in Bangkok would propel the market for UPS in Thailand in the years ahead.

According to Ravi Bhandari, Research Head, 6Wresearch, “50.1-200 KVA Uninterruptible Power Supply (UPS) System acquired the maximum revenue share on account of their wide usage in data centers. Moreover, the establishment of data centers by Amazon Web Services (AWS) and Telehouse in the years ahead would further augment the market for a 50.1-200 KVA Uninterruptible Power Supply (UPS) System in Thailand.”

Commercial application is expected to acquire the maximum revenue share in Thailand Uninterruptible Power Supply (UPS) System Market on the back of the establishment of two data centers in Bangkok.

“Thailand UPS Market (2022-2028)” report provides an in-depth analysis with 13 figures and 7 tables, covered in 73 pages. Thailand Uninterruptible Powe Supply (UPS) System Market report comprehensively covers the Thailand UPS System Market by kVA ratings, applications, and regions. Thailand UPS System Market report provides an unbiased and detailed analysis of the UPS System market’s on-going 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.