According to 6Wresearch, India switchgear market size is projected to grow at a CAGR of 6.7% during 2020-2026. Increasing foreign direct investment in power sector and booming infrastructural development especially in energy sector are the key factors driving the market of switchgear in India. Moreover, increasing infrastructural advancement including smart cities and rising number of solar power plants would bode well for the demand for switchgears during the forecast period.
Check our press release: India
switchgear market
The report provides an in-depth analysis with 28 figures and 18
tables, covered in more than 90 pages. The report estimates and forecast the
overall India Switchgear by voltage type, by insulation, and by applications.
The report provides an unbiased and detailed analysis of the on-going trends,
opportunities/high growth areas and market drivers which would help the
stakeholders to devise and align their market strategies according to the
current and future market dynamics.
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