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(MoneyNewsWire.Net, July 13, 2018 ) India Switchgear Market Overview, 2018-2023 provides a comprehensive analysis of the switchgear market in India. The report offers a complete guide to the size and share of the market at a national level. Along with historic data, it also provides the latest sales data - thus allowing you to identify the market segments driving growth.
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The report also identifies leading companies and brands, along with examining competition among them. Forecasts through five years demonstrate how the market is set to change in coming years. Bonafide Research employs comprehensive and iterative research methodology focused on minimizing errors in order to provide the most accurate estimates and forecast possible.
Major companies that operate into the Switchgear market in India are ABB India Limited, Larsen & Toubro Limited, Havells India Limited, Siemens India, Schneider Electric Infrastructure Limited, Anchor Electricals Private Limited, GE T&D India Limited, Toshiba Transmission & Distribution Systems (India) Private Limited, and Legrand India Private Limited.
Considered for the Report:
Geography: India
Base Year: FY 2016-17
Estimated Year: FY 2017-18
Forecast Year: FY 2022-23
India Switchgear market is expected to grow with a CAGR of more than 7% in the forecasted period of next 5 years from FY 2017-18 to FY 2022-23. Switchgear market is mainly divided in Low Voltage Switchgear, Medium Voltage Switchgear and High Voltage Switchgear market. Low Voltage Switchgear market is dominating in India from more than last 5 years and it will continue to dominate. Low Voltage Switchgear market is formed by commercial, residential buildings, real estate industry, and construction sector. Medium and High Voltage Switchgear is expected to have stagnant growth during the forecast period 2023.In India by region, North and South region combine covers more than 55% market share of India Switchgear Market.
Intended Audience:
This report can be useful to Industry consultants, manufacturers, suppliers, associations & organizations related to Switchgear industry, government bodies and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.
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