India Electrical Equipment Market 2021-2025: Business Overview, Industry Size & Share, Opportunities, Impact of Drivers, Key Vendors, Products, Applications

NEW YORK, September 27, 2021 /PRNewswire/ — The electrical equipment market in India by Application and Product – Forecast and Analysis 2021-2025 report has been added to Technavio’s offering. With ISO 9001:2015 certification, Technavio has proudly partnered with over 100 Fortune 500 companies for over 16 years.

Attractive Opportunities in India Electrical Equipment Market by Application and Product – Forecast and Analysis 2021-2025

The difference in potential growth for the electrical equipment market in India between 2021 and 2025 is USD 33.74 billion. To get the exact annual growth variance and annual growth rate, Click here.

Key Market Dynamics:

An increase in the number of residential and commercial construction projects is identified as the major driver for the electrical equipment market in India. However, the threat of cyberattacks in the power generation sector may hamper the market.

Learn more about additional key factors, trends and challenges available with Technavio.

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The electrical equipment market is segmented by product (cables, switchgear, boilers, transformers and other products) and application (transmission and distribution, and generation). The growth of cross-border electricity exchanges will significantly influence the market for electrical equipment in India growth in this region.

See our sample report for an accurate prediction of the contribution of all segments and regional in-store opportunities.

Companies cited

  • ABB Ltd.

  • Bharat Heavy Electricals Ltd.

  • CG Power and Industrial Solutions Ltd.

  • EMCO Ltd.

  • Fuji Electric Co.Ltd

  • To access more supplier profiles with their key offerings available with Technavio, Click here

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