Thailand DG Set Market Set To Reach $236.9 Million in 2030, Says P&S Intelligence

The commercial sector held the largest Thailand DG set market share, over 40%, in 2021, and it is set to grow with a CAGR of around 5% during 2021–2030.

NEW YORK, UNITED STATES, June 16, 2022 /EINPresswire.com/ — In 2021, the Thailand DG set market was valued at $158.3 million, and it is likely to reach $236.9 million by 2030, advancing at a compound annual growth rate of 4.6% from 2021 to 2030. This is credited to the growing demand for standalone and backup power sources, chiefly in workplaces, housing buildings, retail outlets, hotels, and hospitals. The country is one of the major tourist destinations around the globe. The tourism industry has seen an average growth of 13% per year since 2010, and it contributes a momentous proportion to the GDP of the nation.

Variants with a power rating above 750…