India Switchgear Market By Type (Low, Medium & High Voltage), By Application (Residential, Industrial, Commercial, and Infra & Power Utilities), By Enclosure (MCB & MCCB, RCCB & ELCB, ACB, & Others), Competition Forecast and Opportunities, 2013-2023

India switchgear market is projected to grow at a CAGR of over 15% through 2023, on account of rising development across residential, commercial and industrial end use sectors. Moreover, electrification programs running across the country and development of transmission and distribution networks is further fueling growth in India switchgear market. Additionally, with rising per capita income, demand for various electrical appliances like air conditioners, fridges, etc., is also growing, which in turn, is increasing the electricity consumption and the need of switchgears to regulate and control these appliances.

Years considered for this report:

Historical Year: 2013-2016

Base Year: 2017

Estimated Year: 2018

Forecast Period: 2019–2023

Objective of the Study:

• To define, classify and forecast India switchgear market on the basis of Type, Application, Enclosure and Region.
• To analyze and forecast the market size of India switchgear market.
• To assess the detailed market segmentation and forecast the market size, in terms of value, by segmenting India switchgear market into regions, namely, South, West, North and East.
• To identify the tailwinds and headwinds for India switchgear market.
• To identify the drivers and challenges for India switchgear market.
• To strategically profile leading players in the market which are driving the innovation and technological advancements in India switchgear market.  

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India switchgear market is controlled by these major players, namely – Larsen & Toubro Limited, ABB India Limited, Siemens Ltd, Havells India Ltd, CG Power and Industrial Solutions Limited, Schneider Electric Infrastructure Limited, Legrand India Pvt. Ltd, GE T&D India Limited, HPL Electric and Power Limited, and C&S Electric Limited.

TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of India switchgear companies operating across the country. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research was able to include the providers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the India switchgear offerings, distribution channels, and presence of all major switchgear companies in India.

TechSci Research calculated the market size for India switchgear using a bottom-up approach, where data for different applications (Residential, Industrial, Commercial, and Infra & Power Utilities) was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate overall market size. Various secondary sources such as IEEMA, NITI Ayog, World Bank, Central Electricity Authority, company websites, annual reports, press releases, etc., were also studied by TechSci Research

Key Target Audience:

• India switchgear manufacturers, distributors and other stakeholders
• Associations, organizations, forums and alliances related to switchgear market
• Government bodies such as regulating authorities and policy makers
• Market research and consulting firms

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as India switchgear manufacturers, distributors and other stakeholders, besides allowing them in strategizing investments and capitalizing on market opportunities.

Report Scope:

In this report, the India switchgear market has been segmented into the following categories in addition to the industry trends which have also been detailed below:

• Market, by Type:
• Low Voltage (Up to 1 kV)
• Medium Voltage (Between 1.1 kV and 40 kV) & High Voltage (Above 40 kV)
• Market, by Application:
• Residential
• Industrial
• Commercial
• Infra & Power Utilities
• Market, by Enclosure:
• MCB & MCCB
• RCCB & ELCB
• ACB
• DB
• Other Switching Devices
• Market, by Geography:
• South
• West
• North
• East
• Market, by Company:
• Larsen & Toubro Limited
• ABB India Limited
• Siemens Ltd.
• Havells India Ltd.
• Others

Competitive Landscape

Company Profiles: Detailed analysis of the major companies operating in India switchgear market.

Available Customizations:

With the given market data, TechSci Research offers customization according to a company’s specific needs. The following customization options are available for the report:

Customer Profiling

• Detailed analysis and profiling of additional market players (up to five)