The commercial sector dominated the industry, with over 40% share, and it will grow at a rate of approximately 5% in the years to come, on the basis of application. Thailand's commercial industry has been presenting a positive growth since the last financial slowdown in 2015.

The increasing count of restaurants and shopping malls is powering its commercial industry. Moreover, tourism is a key factor making the commercial industry of the country prosperous. With the increasing count of restaurants, shopping malls, and hotels, the need for DG sets in these buildings is on the rise.

Above-750-kVA variants dominated the Thailand DG set market, with a considerable share in the past, and this would grow at a substantial rate, of over 4%, in the years to come, on the basis of power rating.

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As per the PPI database of the World Bank, PPP investments in infra have amounted to USD 28 billion in the last two decades. A considerable part of the funding was for the residential sector.

The industry will grow considerably in the years to come with the growing competition amongst the foremost DG set providers.

Furthermore, novel companies are more interested in cooperating with other market players, therefore intensifying the competition further. Furthermore, companies are strongly focused on product development and tech progressions to attain a leading position in the market.

The growing tourism industry in the country has powered the demand for DG sets in Thailand.