Search and Filter Through Our Comprehensive Database of Overhead Cable Projects and Tenders in Thailand
Identify and track latest overhead cable projects (upcoming, ongoing/under-construction, completed), tenders, and contract awards. Our extensive database and user-friendly interface make it easy for you to find the right business opportunity in Thailand.
Thailand Overhead Cable Industry Analysis
The overhead lines/cables construction projects industry in Thailand is currently experiencing growth and development due to various factors. The country's robust economic growth, increasing demand for electricity, and government initiatives to upgrade and expand the power transmission and distribution infrastructure are some of the major drivers of the industry.
Thailand's economy has been growing steadily over the past decade, which has led to an increase in electricity demand. The country's energy consumption is projected to grow at an average annual rate of 3.5% from 2020 to 2037, according to the Energy Policy and Planning Office (EPPO). This growth in demand has created opportunities for the construction of new transmission and distribution lines.
The Thai government has also initiated several projects aimed at upgrading and expanding the country's power transmission and distribution infrastructure. For example, the government has launched a program to develop a smart grid system, which includes the installation of advanced meters, automated switches, and sensors to improve the efficiency and reliability of the power grid. These initiatives are expected to increase the demand for the construction of overhead lines/cables.
In terms of industry outlook, the overhead lines/cables construction projects industry in Thailand is expected to continue to grow over the coming years. The government's focus on renewable energy and the expansion of the country's power grid is expected to drive the demand for new transmission and distribution lines. The EPPO has estimated that Thailand will require an investment of around THB 1.4 trillion (approximately USD 47 billion) in its power sector by 2037, providing ample opportunities for the overhead lines/cables construction industry.
In conclusion, the overhead lines/cables construction projects industry in Thailand is poised for growth in the coming years, driven by the country's economic development, increasing energy demand, and government initiatives to upgrade and expand the power transmission and distribution infrastructure. The industry outlook is positive, with significant investment expected to flow into the sector over the coming years.
Looking for a List of Overhead Cable Projects in Thailand?
Are you searching for overhead cable projects and tenders in Thailand?
We have compiled the most comprehensive and up-to-date database of global projects and tenders to quickly find opportunities needing your services.
Blackridge Research's Global Project and Tender database is a valuable resource for EPC companies, general contractors, subcontractors, manufacturers, suppliers, operation & maintenance (O&M) companies, investors, consulting companies, and law firms looking for new business opportunities.
Our database includes all the essential project details, contact information of project owners and stakeholders, making it easy for you to establish your connection and grow your business.