Thailand Renewable Energy Market Summary, Competitive Analysis and Forecast to 2027
Summary
Renewable Energy in Thailand industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2017-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The renewable energy market consists of the net generation of electricity through renewable sources. It is divided into five segments, these being hydroelectricity, wind energy, solar, biomass, and geothermal. The volume of the market is calculated as the net volume of electricity produced through renewable means. The value of the industry is the amount of electricity produced multiplied by the wholesale price data for electricity generation.
- The Thai renewable energy market had total revenues of $2.2 billion in 2022, representing a compound annual growth rate (CAGR) of 4.6% between 2017 and 2022.
- Market production volume increased with a CAGR of 4.3% between 2017 and 2022, to reach a total of 35,939.3 GWh in 2022.
- The Thai Ministry of Energy has also been active in encouraging the use of renewable energy by implementing several schemes such as feed-in-tariffs, and feed-in-premium to promote investments in the renewable energy market.
- Save time carrying out entry-level research by identifying the size, growth, and leading players in the renewable energy market in Thailand
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the renewable energy market in Thailand
- Leading company profiles reveal details of key renewable energy market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Thailand renewable energy market with five year forecasts by both value and volume
- What was the size of the Thailand renewable energy market by value in 2022?
- What will be the size of the Thailand renewable energy market in 2027?
- What factors are affecting the strength of competition in the Thailand renewable energy market?
- How has the market performed over the last five years?
- How large is Thailand’s renewable energy market in relation to its regional counterparts?
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Market volume
- 1.4. Market volume forecast
- 1.5. Category segmentation
- 1.6. Geography segmentation
- 1.7. Market rivalry
- 1.8. Competitive landscape
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 3.2. Market volume
- 4 Market Segmentation
- 4.1. Category segmentation
- 4.2. Geography segmentation
- 5 Market Outlook
- 5.1. Market value forecast
- 5.2. Market volume forecast
- 6 Five Forces Analysis
- 6.1. Summary
- 6.2. Buyer power
- 6.3. Supplier power
- 6.4. New entrants
- 6.5. Threat of substitutes
- 6.6. Degree of rivalry
- 7 Competitive Landscape
- 7.1. Who are the leading players?
- 7.2. What have been the most significant mergers and acquisitions over the last year?
- 7.3. Which companies are responsible for the most significant renewable projects under development?
- 8 Company Profiles
- 8.1. Electricity Generating Authority of Thailand
- 8.2. BGrimm Power PCL
- 8.3. Provincial Electricity Authority
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related MarketLine research
- 10.4. About MarketLine
- List of Tables
- Table 1: Thailand renewable energy market value: $ million, 2017–22
- Table 2: Thailand renewable energy market volume: GWh, 2017–22
- Table 3: Thailand renewable energy market category segmentation: % share, by value, 2017–2022
- Table 4: Thailand renewable energy market category segmentation: $ million, 2017-2022
- Table 5: Thailand renewable energy market geography segmentation: $ million, 2022
- Table 6: Thailand renewable energy market value forecast: $ million, 2022–27
- Table 7: Thailand renewable energy market volume forecast: GWh, 2022–27
- Table 8: Electricity Generating Authority of Thailand: key facts
- Table 9: Electricity Generating Authority of Thailand: Key Employees
- Table 10: BGrimm Power PCL: key facts
- Table 11: BGrimm Power PCL: Annual Financial Ratios
- Table 12: BGrimm Power PCL: Key Employees
- Table 13: Provincial Electricity Authority: key facts
- Table 14: Provincial Electricity Authority: Key Employees
- Table 15: Thailand size of population (million), 2018–22
- Table 16: Thailand gdp (constant 2005 prices, $ billion), 2018–22
- Table 17: Thailand gdp (current prices, $ billion), 2018–22
- Table 18: Thailand inflation, 2018–22
- Table 19: Thailand consumer price index (absolute), 2018–22
- Table 20: Thailand exchange rate, 2018–22
- List of Figures
- Figure 1: Thailand renewable energy market value: $ million, 2017–22
- Figure 2: Thailand renewable energy market volume: GWh, 2017–22
- Figure 3: Thailand renewable energy market category segmentation: $ million, 2017-2022
- Figure 4: Thailand renewable energy market geography segmentation: % share, by value, 2022
- Figure 5: Thailand renewable energy market value forecast: $ million, 2022–27
- Figure 6: Thailand renewable energy market volume forecast: GWh, 2022–27
- Figure 7: Forces driving competition in the renewable energy market in Thailand, 2022
- Figure 8: Drivers of buyer power in the renewable energy market in Thailand, 2022
- Figure 9: Drivers of supplier power in the renewable energy market in Thailand, 2022
- Figure 10: Factors influencing the likelihood of new entrants in the renewable energy market in Thailand, 2022
- Figure 11: Factors influencing the threat of substitutes in the renewable energy market in Thailand, 2022
- Figure 12: Drivers of degree of rivalry in the renewable energy market in Thailand, 2022
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