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Market Research Report

Thailand Heating 2018

Published by BRG Building Solutions Product code 342237
Published Content info 92 Pages
Delivery time: 1-2 business days
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Thailand Heating 2018
Published: May 31, 2018 Content info: 92 Pages

Report Overview:

This report provides an in-depth analysis of the Thai heating market including the monitoring of recent trend patterns and demand drivers, plus substantiated volume forecasts for the next 5 years.

Market Overview:

The Thai economy registered a GDP growth of about 3.9%, up from 3.3% in the previous year, it being the fastest expansion since 2012. A recovery in exports, driven by an improving global economy and a record number of foreign tourists accelerated the growth. Exports of goods and services rose by 5.5% compared to just 2.8% in 2016, analysts expect the growth trend to continue in 2018.

The Thai water heater market in 2017 saw continued recovery in the which started in 2016, after the declines observed in 2014 and 2015. Increased spending on dwellings and an enhanced growth in the real estate market, especially condominiums helped the market gain momentum.

The Thai solar thermal market experienced miniscule growth in 2017 compared to the previous year. Sales in the non-housing segment, which account for the majority of collector installations grew, but only marginally.

In a first, room air conditioner (RAC) sales in Thailand contracted in 2017 after a good 2016. The fall in the market was mainly due continued high household debt, stagnant economy and a cooler weather. Commercial air conditioner also followed the trend of a RACs in terms of volume sales. The VRF market saw a minor growth in 2017, riding on the urbanisation and commercialisation in and around Bangkok and mainly driven by the hospitality sector

Product Coverage:

This report focuses on the following product categories:

Core heating technologies:

  • Water Heaters

Renewable heating technologies:

  • Solar thermal

Air Conditioners

Key Data Points:

  • Historical volume trends (2002-2017) and forecasts (2018-2022)
  • Analysis of key market drivers and an understanding of the main influences affecting the future market outlook
  • Market values and average prices (2016 and 2017) at manufacturer selling price (MSP) level
  • End use sector segmentation (e.g. new housing, RMI, non housing)
  • Technical segmentation and product category breakdowns
  • Volume market shares per brand/company
  • Distribution analysis including routes to market flow diagrams
Table of Contents

Table of Contents

Background Heating & Cooling

  • A.0. TH - Background
  • A.1. Background: Overview
    • A.2.1. Climate
    • A.2.2. Key Demographic Figures
  • A.3. Macroeconomic Trends and Forecasts
  • A.4. Historical and Current Exchange Rates
  • A.5. New Dwelling Construction
  • A.6. Dwelling Stock by Type and Tenure

The Thai Distribution Sector - Heating

  • B.0. TH - Distribution
  • B.1. Distribution: Structural Overview

The Thai Water Heater Market

  • 1.0. TH - Water Heaters
  • 1.1. Market Sector Overview: Water Heaters
  • 1.2. Historical Trends and Forecasts: Water Heaters
  • 1.3. Prices and Market Values: Water Heaters
    • 1.4.1. End Use: Base Year
    • 1.4.2. End Use: Historical and Forecasts
    • 1.4.3. Sales by Type: Water Heaters
    • 1.4.4. Sales by Storage Capacity: Water Heaters
    • 1.4.5. Sales by Storage Capacity: Electric Storage
    • 1.5.1. Market Shares: Electric Instantaneous
    • 1.5.2. Market Shares: Electric Storage
    • 1.5.3. Market Shares: Thermosyphon
      • 1.6.1/2. Imports & Exports: Ind. Cylinders & Gas Storage
      • 1.6.3/4. Imports & Exports: Gas Instantaneous
      • 1.6.5/6. Imports & Exports: Gas Instantaneous
      • 1.7.1/2. Distribution Flow: Water Heaters

The Thai Solar Thermal Market

  • 2. TH - Solar Thermal
  • 2.1. Market Sector Overview: Solar Thermal
    • 2.2.1. Historical Trends and Forecasts: Solar Collectors
    • 2.2.2. Historical Trends and Forecasts: Solar Cylinders
  • 2.3. Prices and Market Values: Solar Collectors
    • 2.4.1. End Use: Base Year
    • 2.4.2. End Use: Historical and Forecasts
    • 2.4.3. Solar Thermal Collectors: Type of Installation
    • 2.4.4. Solar Thermal Collectors: Type of System
    • 2.4.5. Solar Thermal Collectors: Type of Circulation
    • 2.5.1. Market Shares: Flat Plate
    • 2.5.2. Market Shares: Vacuum
      • 2.6.1/2. Distribution Flow: Solar Thermal Collectors

The Thai Air Conditioner Market

  • 3.0. TH - Air Conditioners
  • 3.1. Market Sector Overview: Air Conditioners
  • 3.2. Historical Trends and Forecasts: Air Conditioners
  • 3.3. Prices and Market Values: Air Conditioners
    • 3.4.1. End Use: Base Year
    • 3.4.2. End Use: Historical and Forecasts
    • 3.4.3. Sales by Cooling Capacity: Air Conditioners
    • 3.4.4. Sales by Cooling Type: Chillers
    • 3.4.5. Sales by Cooling Type: Packaged ACs
    • 3.4.6. Sales by Installation Type: Packaged ACs
    • 3.4.7. Sales by System Type: Packaged ACs
    • 3.4.8. Sales by Cooling Type: VRF Systems
    • 3.4.9. Sales by Sector: VRF Systems
    • 3.4.10. Sales by System Type: VRF Systems
    • 3.4.11. Sales by Compressor Technology: Mini-Splits
    • 3.4.12. Sales by System Type: Mini-Splits
    • 3.5.1. Market Shares: Air Handling Units
    • 3.5.2. Market Shares: Chillers
    • 3.5.3. Market Shares: Packaged ACs
    • 3.5.4. Market Shares: VRFs Systems (Commercial)
    • 3.5.5. Market Shares: VRF Systems (Residential)
    • 3.5.6. Market Shares: Mini-Splits (Multi)
    • 3.5.7. Market Shares: Mini-Splits (Single)
      • 3.6.1/2. Distribution Flow: Air Conditioners
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