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The electrical equipment market in india is forecasted to grow by USD 76.24 billion during 2023-2028, accelerating at a CAGR of 14.3% during the forecast period. The report on the electrical equipment market in india provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increase in number of residential and commercial building projects, rise in power generation from renewable energy sources, and increase in investments in power sector.
The electrical equipment market in india is segmented as below:
By Product
- Cables
- Transmission lines
- Transformers
- Switchgears
- Others
By Application
- Transmission and distribution
- Generation
By Geographical Landscape
- APAC
The report on the electrical equipment market in india covers the following areas:
- Electrical Equipment Market in India sizing
- Electrical Equipment Market in India forecast
- Electrical Equipment Market in India industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Product
7 Market Segmentation by Application
8 Customer Landscape
9 Drivers, Challenges, and Opportunity/Restraints
10 Competitive Landscape
11 Competitive Analysis
12 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the electrical equipment market in india: ABB, BGR Energy Systems Ltd., Bharat Bijlee Ltd, Bharat Heavy Electricals Ltd., EMCO Ltd., ETA Elektrotechnische Apparate GmbH, Fuji Electric Co. Ltd., General Electric Co., Kirloskar Electric Co. Ltd., Larsen and Toubro Ltd., Murugappa Group, Schneider Electric SE, Shilchar Technologies Ltd., Siemens AG, Star Delta Transformers Ltd., TD Power Systems Pvt. Ltd., Thermax Ltd., Toshiba Corp., and Ujaas Energy Ltd..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is growth in cross-border electricity trading."
According to the report, one of the major drivers for this market is the increase in number of residential and commercial building projects.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- ABB
- BGR Energy Systems Ltd.
- Bharat Bijlee Ltd
- Bharat Heavy Electricals Ltd.
- EMCO Ltd.
- ETA Elektrotechnische Apparate GmbH
- Fuji Electric Co. Ltd.
- General Electric Co.
- Kirloskar Electric Co. Ltd.
- Larsen and Toubro Ltd.
- Murugappa Group
- Schneider Electric SE
- Shilchar Technologies Ltd.
- Siemens AG
- Star Delta Transformers Ltd.
- TD Power Systems Pvt. Ltd.
- Thermax Ltd.
- Toshiba Corp.
- Ujaas Energy Ltd.
