Thailand UPS Systems Market revenue is projected to grow at a CAGR of 6.2% from 2024-2030F

On the basis of phase, 3 phase generated the largest revenue share in Thailand UPS System Market – 6Wresearch

3 phase segment garnered the maximum revenue share in the Thailand UPS Industry in 2023 and the same trend is expected to follow in the years ahead on account of upcoming data centers in Bangkok by Telehouse and Amazon Web Services (AWS). Moreover, the construction of Medical Complex Ramintra would also drive the Uninterruptible Power Supply (UPS) System market in Thailand.

According to 6Wresearch, Thailand UPS Systems Market revenue is projected to grow at a CAGR of 6.2% from 2024-30F. Thailand is anticipated to attract investments exceeding US$ 5.5 billion, with a capacity to reach over 500 MW by 2028. These investments in data center infrastructure are expected to elevate the demand for semiconductors, as the capacity and capabilities of data centers expand to meet the growing demands of cloud computing, big data analytics, artificial intelligence, and other digital services, the need for semiconductor to power and optimize these facilities is expected to rise, which would boost the growth of semiconductor market in the coming years.

Furthermore, with the rising use of Internet in Thailand, the country is expected to witness an explosion in demand for data centre during the forecast years. Moreover, the Board of investment of Thailand (BOI) has introduced a Corporate Income Tax (CIT) exemption without a cap to attract capital investment into the country. Therefore, the demand for Uninterruptible Power Supply (UPS) system would rise in the coming years.

According to Shubham Deep, Senior Research Analyst, 6Wresearch, the market for the UPS system ranging between 50.1-200 KVA rating is anticipated to grow at a higher rate owing to the establishment of data centres by Telehouse and Amazon Web Services (AWS) in the coming years.

Thailand UPS Systems Market (2024-2030) report provides an in-depth analysis with 14 figures and 7 tables, covered in 70 pages. The report comprehensively covers the market by kVA Rating, Phases and applications. The report provides a detailed as well as unbiased analysis of the ongoing drivers, opportunities/high growth areas, and trends of the sector which are projected to support the stakeholders to align as well as devise their market strategies as per the latest and future market dynamics.