Summary
Renewable Energy in Thailand industry profile provides top-line qualitative and quantitative summary information including: market size (value 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- Renewable energy market includes net generation of electricity through renewable sources. Market is segmented into hydroelectricity, wind, solar PV, biopower, and geothermal. Market volume represents the net volume of electricity produced through renewable means. Market value is calculated by multiplying the amount of electricity produced by the wholesale price.
- The Thai renewable energy market recorded revenues of $2,914.9 million in 2024, representing a compound annual growth rate (CAGR) of 2.6% between 2019 and 2024.
- Market production volume increased with a CAGR of 2.4% between 2019 and 2024, reaching a total of 43,182.4 GWh in 2024.
- In 2024, the Thai renewable energy production recorded an annual growth of 5.3% due to the substantial increase in installed renewable energy capacity. According to the US EIA, in 2024, the Thai renewable electricity installed capacity reached 12.2 million kilowatts (kW), up 4.3% over 2019.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, 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
Reasons to Buy
- What was the size of the Thailand renewable energy market by value in 2024?
- What will be the size of the Thailand renewable energy market in 2029?
- What factors are affecting the strength of competition in the Thailand renewable energy market?
- How has the market performed over the last five years?
- What are the main segments that make up Thailand's renewable energy market?
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Table of Contents
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 strategies do the leading players follow?
7.3. What are the strengths of the leading players?
7.4. What are the recent developments in the market?
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, 2019-24
Table 2: Thailand renewable energy market volume: GWh, 2019-24
Table 3: Thailand renewable energy market category segmentation: % share, by value, 2019-24
Table 4: Thailand renewable energy market category segmentation: $ million, 2019-24
Table 5: Thailand renewable energy market geography segmentation: $ million, 2024
Table 6: Thailand renewable energy market value forecast: $ million, 2024-29
Table 7: Thailand renewable energy market volume forecast: GWh, 2024-29
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), 2020-24
Table 16: Thailand Real GDP (Constant 2010 Prices, $ Billion), 2020-24
Table 17: Thailand GDP (Current Prices, $ Billion), 2020-24
Table 18: Thailand Inflation, 2020-24
Table 19: Thailand Consumer Price Index (Absolute), 2020-24
Table 20: Thailand Exchange Rate, 2019-24
List of Figures
Figure 1: Thailand renewable energy market value: $ million, 2019-24
Figure 2: Thailand renewable energy market volume: GWh, 2019-24
Figure 3: Thailand renewable energy market category segmentation: $ million, 2019-24
Figure 4: Thailand renewable energy market geography segmentation: % share, by value, 2024
Figure 5: Thailand renewable energy market value forecast: $ million, 2024-29
Figure 6: Thailand renewable energy market volume forecast: GWh, 2024-29
Figure 7: Forces driving competition in the renewable energy market in Thailand, 2024
Figure 8: Drivers of buyer power in the renewable energy market in Thailand, 2024
Figure 9: Drivers of supplier power in the renewable energy market in Thailand, 2024
Figure 10: Factors influencing the likelihood of new entrants in the renewable energy market in Thailand, 2024
Figure 11: Factors influencing the threat of substitutes in the renewable energy market in Thailand, 2024
Figure 12: Drivers of degree of rivalry in the renewable energy market in Thailand, 2024
