Thailand Low Voltage Electric Motor Market (2019-2025)


Posted September 3, 2019 by SixWresearch

Thailand low voltage electric motor market revenue, estimated to grow at a CAGR of 6.2% during 2019-25.

 
Market Forecast By Type (AC (Upto 60V, 60.1V - 200V and 200.1V - 1000V), DC (Upto 60V, 60.1V - 200V and 200.1V - 1000V)), By Products (Fans, Compressors, Pumps, Conveyors and Others including Centrifuges, Extruders and Winches), By Applications (Residential, Commercial, Industrial, Automotive, Power Utility and Water Treatment and Others including Defense, Agriculture, Transportation and Infrastructure) and Competitive Landscape.

According to 6Wresearch, Thailand low voltage electric motor market size is projected to grow at a CAGR of 6.2% during 2019-25. The industrial segment is expected to acquire the highest revenue share in future due to favorable government initiatives to strengthen the manufacturing sector and diversify the economy by building new industries in the regions of Chonburi, Rayong, and Chachoengsao under the Eastern Economic Corridor (EEC) initiative. Moreover, Thailand stands as one of the major automobile producers in the APAC region. Additionally, government inclination towards increasing production of vehicles in passenger and commercial segments would result in surge in the number of automobile industries, that would in turn spur the demand for low voltage electric motors across the region during the forecast period.

Market Report: https://www.6wresearch.com/market-reports/thailand-low-voltage-electric-motor-market-2019-2025-forecast-by-type-ac-dc-by-products-applications.html

Key Highlights of the Report:
Historical Data of Thailand Low Voltage Electric Motor Market Revenues, by Types, for the Period 2015-2018.
Market Size & Forecast of Thailand Low Voltage Electric Motor Market Revenues, by Types, until 2025.
Historical Data of Thailand Low Voltage Electric Motor Market Revenues, by Products, for the Period 2015-2018.
Market Size & Forecast of Thailand Low Voltage Electric Motor Market Revenues, by Products, until 2025.
Historical Data of Thailand Low Voltage Electric Motor Market Revenues, by Applications, for the Period 2015-2018.
Market Size & Forecast of Thailand Low Voltage Electric Motor Market Revenues, by Applications, until 2025.
Thailand Low Voltage Electric Motor Market Trends
Thailand Low Voltage Electric Motor Market Share, By players
Thailand Low Voltage Electric Motor Market Overview on Competitive Benchmarking

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Last Updated September 3, 2019