Market Forecast By Voltage (Low Voltage (By Type (MCB, MCCB, ACB & Others) , By Application (Residential, Commercial, Industrial, Power Utilities & Others)),Medium Voltage(By Application(Residential, Commercial, Industrial, Power Utilities &Others), By Insulation Type(Air Insulated Switchgear & Other Insulated Switchgear)), High Voltage Switchgear (By Application(Residential, Commercial, Industrial, Power Utilities & Others)), By Insulation Type (Air Insulated Switchgear, Other Insulated Switchgear)), By Applications(Residential, Commercial, Industrial, Power Utilities & Others ) And Competitive Landscape.
According to 6Wresearch, India Switchgear Market size is projected to grow at a CAGR of 6.7% during 2020-2026. With government’s focus to provide adequate power infrastructure to its citizen, power sector is expected to reflect strong growth in future. Schemes such as UDAY (Ujwal DISCOM Assurance Yojana), IPDS (Integrated Power Development Scheme), DDUGJY (Deen Dayal Upadhyaya Gram Jyoti Yojana) and Power for All are the prime pillars which are expected to spur the overall power sector. Further, with the development of transmission and distribution networks and initiatives such as Make in India and Smart Cities Mission, the switchgear market is poised to continue on the path of growth in near future.
Key Highlights
- India Switchgear Market Overview
- India Switchgear Market Outlook
- India Switchgear Market Forecast
- India Switchgear Market Size
- Historical Data of India Switchgear and Panels Market Revenues for the Period 2016-2019
- Market Size & India Switchgear and Panels Market Revenues Forecast, Until 2026F
- Historical Data of India Switchgear Market Revenues for the Period 2016-2019, By Types
- Market Size & Forecast of India Switchgear Market Revenues until 2026F, By Types
- Historical Data of India Switchgear Market Revenues for the Period 2016-2019, By Insulation
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