Key Market Indicators
Thailand's transformer import and export are expected to reach $3.7 billion by 2026. In 2021, the country's transformer import was valued at $1.3 billion, representing a year-on-year growth of 1.6%. Since 1993, Thailand's demand has grown by 3.2% annually. It ranked 18th in 2021 with Spain overtaking it at $1.3 billion. China, Germany and Mexico respectively took the 2nd, 3rd and 4th positions. Meanwhile, Thailand's transformer export value is expected to reach $2.2 billion by 2026. In 2021, it was valued at $1.9 billion, representing a year-on-year growth of 2.3%. Since 1994, Thailand's supply has grown by 7.3% annually. It ranked 10th in 2021 with the Philippines overtaking it at $1.9 billion. Germany, the United States and Japan respectively took the 2nd, 3rd and 4th positions.
Latest reports
Thailand DC-DC Converters Market Report- Q4 2024
The DC-DC converters market in Thailand is experiencing dynamic growth, fueled by significant developments across multiple sectors. As the country continues to evolve...
