1. Market Research
  2. > Manufacturing
  3. > Electronics Manufacturing Market Trends

India Switchgear Market Outlook to 2018 - Sustained Demand for Low Voltage Switchgears in Residential and Commercial Sector

  • April 2014
  • 62 pages
  • Ken Research Private Limited
Report ID: 2153912

Summary

Table of Contents

EXECUTIVE SUMMARY

The report titled ‘India Switchgear Market Outlook to 2018 - Sustained Demand for Low Voltage Switchgears in Residential and Commercial Sector’ presents a comprehensive analysis of the industry aspects including market size by value of switchgears. The report also entails the market share analysis and company profiles of major players operating the switchgear market in India. The future analysis, trends and developments, government regulations and segmentation by product types, end usage and industry structure have also been discussed in the industry research report.

India switchgear market has reported a stupendous CAGR of 21.6% over the period FY’2008 to FY’2013. The market registered revenue worth USD ~ million in FY’2013. In FY’2013, the switchgear market in India grew by 27.3% compared to 48.2% growth registered in FY’2012. The high growth in FY’2012 was significantly attributed to the increased demand for energy generation equipments which resulted in increased sales of high and medium voltage switchgears in the country.

India switchgear market can be segregated into 3 categories on the basis of voltage, including low voltage switchgears, medium voltage switchgears and high voltage switchgears. The contribution of low voltage switchgear, comprising of air circuit breakers (ACB) molded case circuit breakers (MCCB), miniature circuit breakers (MCB), residual current devices (RCD) and contractors and relays stood the highest in FY’2013. The market contribution of low voltage switchgears has displayed a remarkable traction, surging from ~% in FY’2008 to ~% in FY’2013. This progressive increase in the market share of low voltage switchgears has been largely attributed to increased urbanization, construction of new residential households and commercial areas taking place in the country, coupled with the growing concerns for safety and security with respect to the electric equipments.
The country’s developing infrastructure across various sectors including residential, commercial and transport has been the prime factor that has resulted growth in the demand for switchgears in India. Growth in sectors including oil and gas, petrochemicals, steel, cement, and telecom has provided a significant impetus to the growth of this market particularly the industry’s HV segment.

The present scenario of transmission capacities in India has become almost saturated and the distribution infrastructure is becoming obsolete, leading to significant technical and commercial losses. Thus, indicating an immediate need for improvement in the country’s T&D system, to meet the growing demand for uninterrupted energy. As most of the HV and MV switchgears installed in substations are old and becoming outdated, there tends to be a huge requirement for the replacement of old switchgears with modern and advanced switchgears. Replacement of switchgears is another important factor which is expected to propel growth in the country’s HV and MV switchgear market in the coming years. The overall switchgear market in India including LV, MV and HV circuit breakers is expected to reach USD ~ million in terms of revenue, growing at a CAGR of 13.7% from FY’2013-FY’2017.

KEY TOPICS COVERED IN THE REPORT


- The market size of India switchgear market in terms of value
- India switchgear market segmentation by voltage (low voltage, medium voltage and high voltage)
- India low, medium and high voltage switchgear market segmentation by product types
- India low, medium and high voltage switchgear market segmentation by end usage
- India low, medium and high voltage switchgear market segmentation by industry structure (organized and unorganized)
- Market size of India low voltage switchgear market
- Market size of India medium voltage switchgear market
- Market size of India high voltage switchgear market
- Trends and Developments and Government regulations in the switchgear market in India
- Market share of major players in India switchgear market
- Company profiles of the major players operating in the switchgear market in India
- Future projections and macro economic factors of India switchgear market

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 60 Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.

Ahmad helps you find the right report:

Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

Purchase Reports From Reputable Market Research Publishers

Air Insulated Switchgear Market by Voltage Range (3 kV–36 kV and >36 kV), Installation (Indoor and Outdoor), Application (Transmission & Distribution, Manufacturing & Processing, and Infrastructure & Transportation), and Region - Global Forecast to 2022

  • $ 5650
  • Industry report
  • April 2017
  • by MarketsandMarkets

“The air insulated switchgear market is projected to grow at a CAGR of 4.68% from 2017 to 2022” The air insulated switchgear market is projected to reach USD 8.41 billion by 2022, growing at a CAGR ...

High Voltage Switchgear Market, Update 2017 - Market Size, Competitive Landscape, Key Country Analysis, and Forecasts to 2021

  • $ 3995
  • Industry report
  • June 2017
  • by GlobalData

High Voltage Switchgear Market, Update 2017 - Market Size, Competitive Landscape, Key Country Analysis, and Forecasts to 2021 Summary Demand for electricity is rising globally and, to meet this need, powe ...

Global High Voltage Switchgear Market 2017-2021

  • $ 3500
  • Industry report
  • May 2017
  • by Infiniti Research Limited

About High Voltage Switchgear Switchgear is a highly integral electrical transmission and distribution (T&D) equipment that comprises of a combination of electrical disconnect switches, circuit breakers ...


ref:plp2014

Reportlinker.com © Copyright 2017. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.