India Switchgear Market (2020-2026) | Value, Companies, Share, Analysis, Outlook, Growth, Revenue, COVID-19 IMPACT, Size, Industry, Forecast & Trends

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.

Product Code: ETC001648 Publication Date: Mar 2020 Product Type: Report
Publisher: 6Wresearch No. of Pages: 93 No. of Figures: 34 No. of Tables: 23

India Switchgear Market report thoroughly covers the India switchgear market by voltage types and applications. India switchgear market outlook report provides an unbiased and detailed analysis of the on-going India switchgear market trends, opportunities/high growth areas, market drivers which would help the stakeholders to device and align their market strategies according to the current and future market dynamics.

India Switchgear Market Synopsis

India switchgear market is anticipated to witness healthy growth during the forecast period as a result of development of power infrastructure due to surging power demand from industrial, commercial and residential sectors. Low voltage switchgear holds majority of the revenue share on account of increasing homes, commercial buildings and industrial facilities with rising urban population. The market saw a sharp decline in 2020 as a result of the complete lockdown bought in force by the Indian Government to prevent the spread of coronavirus which disrupted the supply chain, manufacturing processes and put a halt to all the developmental activities residential and commercial sector.

According to 6Wresearch, India Switchgear Market size is projected to grow at 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.

India Switchgear Market

Market Analysis by Types

On the basis of types, Low voltage switchgears have acquired a decent market share in the overall market revenues in 2020 and are expected to grow at a healthy pace over the coming years on account of rising deployment of smart grid technology and accelerating rural electrification. Moreover, rising need to curb short circuits and electricity supply faults, would add on to the market growth of low voltage switchgears in the years to come. By applications, power utilities accounted for majority of the revenue share in overall India switchgear market and would continue to dominate the market during the forecast period due to growing investment in power transmission & distribution sector in the country.

Market Analysis by Application

On the basis of end users, Power utilities sector captured the largest revenue share in the switchgear market of India in 2020 owing to growing investment in power transmission and distribution sector in the country. The government of India has planned to increase the transmission lines from 4,14,858 circuit kms to 4,78,132 circuit kms by 2022 which would expand the usage of switchgears in the power utilities segment over the upcoming years. Residential sector is expected to register strong growth over the coming years due to increasing construction of housing units across the country. Moreover, in order to fulfil the housing demand, the government is planning to construct over 20 million new housing units in the urban area and around 40 million houses in rural area by 2022 as per the “Budget Vision 2022” which would further accelerate the demand for switchgears in the country.

Key Attractiveness of the Report

  • COVID-19 Impact on the Market.
  • 10 Years Market Numbers.
  • Historical Data Starting from 2016 to 2019.
  • Base Year: 2019
  • Forecast Data until 2026.
  • Key Performance Indicators Impacting the Market.
  • Major Upcoming Developments and Projects.

 

Key Highlights of the Report:

  • 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
  • Market Size & Forecast of India Switchgear Market Revenues until 2026F, By Insulation
  • Historical Data of India Switchgear Market Revenues for the Period 2016-2019, By Applications
  • Market Size & Forecast of India Switchgear Market Revenues, Until 2026F, By Applications
  • Market Drivers and Restraints
  • India Switchgear Market Trends and Industry Life Cycle
  • Porter’s Five Force Analysis
  • Market Opportunity Assessment
  • India Switchgear Market Share, By Players
  • India Switchgear Market Overview, By Competitive Benchmarking
  • Company Profiles
  • Key Strategic Recommendations

Market Scope and Segmentation

The report provides a detailed analysis of the following Market segments:

  • By Voltage Types
    • Low Voltage
    • Medium Voltage
    • High Voltage
  • By Types
    • MCB
    • MCCB
    • ACB
    • Low Voltage
    • Others (ACB, COS and others)
  • By Insulation Types
    • Air Insulated (AIS)
    • Others (Gas Insulated, Oil Insulated)
    • Air Insulated (AIS)
    • Others (Gas Insulated, Oil Insulated)
    • Medium Voltage
    • High Voltage
  • By Applications
    • Residential
    • Commercial
    • Industrial
    • Power Utility
    • Others (Transportation Infrastructure, Mining, Oil & Gas)

Other Key Reports Available:

  • Japan Switchgear Market Report
  • China Switchgear Market Report
  • Indonesia Switchgear Market Report
  • Mexico Switchgear Market Report
  • France Switchgear Market Report
  • United States Switchgear Market Report

6Wresearch tracks and manages databases of global switchgear market. 6wresearch have been supporting various stakeholders in desigining their entry and growth strategies with the help of robust research and forecasting tools. We have been identifying and tracking various KPIs across major geographies enabling growth projections. With in-house research and data analytics capabilties, 6wresearch delivers actionable insights for companies to make Go/No-Go decisions.

India Switchgear Market: FAQs

Does the report consider COVID-19 impact?

The report not only has considered COVID-19 impact but also current Market dynamics, trends and KPIs into consideration.

How much growth is expected in the India Switchgear Market over the coming years?

The India Switchgear Market revenue is anticipated to record a CAGR of 6.7% during 2020-2026.

Which segment has captured key share of the Market?

Power utilities has dominated the overall Market revenues in the year 2020.

Which segment is exhibited to gain traction over the forecast period?

Residential sector is expected to record key growth throughout the forecast period 2020-2026.

Who are key the key players of the Market?

The key players of the Market include- ABB India Ltd., Siemens Limited, Larsen & Toubro Limited, Havells India Ltd., Schneider Electric Infrastructure Limited, C&S Electric Limited, CG Power and Industrial Solutions Limited, GE T&D India Limited, HPL Electric and Power Limited, Legrand India Private Limited, Bharat Heavy Electrical Limited, Toshiba Transmission & Distribution Systems (India) Pvt. Ltd., Eaton Corporation Plc

We also want to have Market reports for other countries/regions.

6Wresearch has the database of more than 60 countries globally, which can make us your first choice of all your research needs.

How does 6W market outlook report help businesses in making decisions?

6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.

Do you also provide customisation in the market study?

Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com

Table of Content

1. Executive Summary

2. Introduction

2.1. Report Description

2.2 Key Highlights of the Report

2.3. Market Scope & Segmentation

2.4. Research Methodology

2.5. Assumptions

3. India Power Sector Outlook

4. India Switchgear Market Overview

4.1 Country Overview

4.2 India Switchgear Market Revenues (2016-2026F)

4.3 India Switchgear Market - Industry Life Cycle, 2019

4.4 India Switchgear Market - Porter’s Five Forces

4.5 India Switchgear Market Revenue Share, By Voltage (2019 & 2026F)

4.6 India Switchgear Market Revenue Share, By Applications (2019 & 2026F)

5. India Switchgear Market Dynamics

5.1 Impact Analysis

5.2 Market Drivers

5.3 Market Restraints

6. India Switchgear Market Trends

7. India Low Voltage Switchgear Market Overview

7.1 India Low Voltage Switchgear and Panels Market Revenues (2016-2026F)

7.2 India Low Voltage Switchgear Market Overview, By Types

7.2.1 India Low Voltage Switchgear Market Revenue Share, By Types (2019 & 2026F)

7.2.1.1 India Low Voltage Switchgear Market Revenues, By MCB & DB (2016-2026F)

7.2.1.2 India Low Voltage Switchgear Market Revenues, By MCCB (2016-2026F)

7.2.1.3 India Low Voltage Switchgear Market Revenues, By ACB (2016-2026F)

7.2.1.4 India Low Voltage Switchgear Market Revenues, By Controlgear (2016-2026F)

7.2.1.5 India Low Voltage Switchgear Market Revenues, By OLR (2016-2026F)

7.2.1.6 India Low Voltage Switchgear Market Revenues, By SDF (2016-2026F)

7.2.1.7 India Low Voltage Switchgear Market Revenues, By COS (2016-2026F)

7.2.1.8 India Low Voltage Switchgear Market Revenues, By Others (2016-2026F)

7.3 India Low Voltage Switchgear Market Overview, By Applications

7.3.1 India Low Voltage Switchgear Market Revenue Share, By Applications (2019 & 2026F)

7.3.1.1 India Low Voltage Switchgear Market Revenues, By Residential Applications (2016-2026F)

7.3.1.2 India Low Voltage Switchgear Market Revenues, By Commercial Applications (2016-2026F)

7.3.1.3 India Low Voltage Switchgear Market Revenues, By Industrial Applications (2016-2026F)

7.3.1.4 India Low Voltage Switchgear Market Revenues, By Power Utilities Applications (2016-2026F)

7.3.1.5 India Low Voltage Switchgear Market Revenues, By Other Applications (2016-2026F)

8. India Medium Voltage Switchgear Market Overview

8.1 India Medium Voltage Switchgear Market Revenues (2016-2026F)

8.2 India Medium Voltage Switchgear Market Overview, By Insulation Types

8.2.1 India Medium Voltage Switchgear Market Revenue Share, By Insulation Types (2019 & 2026F)

8.2.1.1 India Medium Voltage Switchgear Market Revenues, By AIS (2016-2026F)

8.2.1.2 India Medium Voltage Switchgear Market Revenues, By GIS (2016-2026F)

8.2.1.3 India Medium Voltage Switchgear Market Revenues, By Others (2016-2026F)

8.3 India Medium Voltage Switchgear Market Overview, By Types

8.3.1 India Medium Voltage Switchgear Market Revenue Share, By Types (2019 & 2026F)

8.3.1.1 India Medium Voltage Switchgear Market Revenues, By RMU 11 KV (2016-2026F)

8.3.1.2 India Medium Voltage Switchgear Market Revenues, By RMU 33 KV(2016-2026F)

8.3.1.3 India Medium Voltage Switchgear Market Revenues, By Panel 11 KV (2016-2026F)

8.3.1.4 India Medium Voltage Switchgear Market Revenues, By Panel 33 KV (2016-2026F)

8.4 India Medium Voltage Switchgear Market Overview, By Applications

8.4.1 India Medium Voltage Switchgear Market Revenue Share, By Applications (2019 & 2026F)

8.4.1.1 India Medium Voltage Switchgear Market Revenues, By Residential Applications (2016-2026F)

8.4.1.2 India Medium Voltage Switchgear Market Revenues, By Commercial Applications (2016-2026F)

8.4.1.3 India Medium Voltage Switchgear Market Revenues, By Industrial Applications (2016-2026F)

8.4.1.4 India Medium Voltage Switchgear Market Revenues, By Power Utilities Applications (2016-2026F)

8.4.1.5 India Medium Voltage Switchgear Market Revenues, By Other Applications (2016-2026F)

9. India High Voltage Switchgear Market Overview

9.1 India High Voltage Switchgear Market Revenues (2016-2026F)

9.2 India High Voltage Switchgear Market Overview, By Insulation Types

9.2.1 India High Voltage Switchgear Market Revenue Share, By Insulation Types (2019 & 2026F)

9.2.1.1 India High Voltage Switchgear Market Revenues, By AIS (2016-2026F)

9.2.1.2 India High Voltage Switchgear Market Revenues, By GIS (2016-2026F)

9.2.1.3 India High Voltage Switchgear Market Revenues, By Others (2016-2026F)

9.3 India High Voltage Switchgear Market Overview, By Applications

9.3.1 India High Voltage Switchgear Market Revenue Share, By Applications (2019 & 2026F)

9.3.1.1 India High Voltage Switchgear Market Revenues, By Industrial Applications (2016-2026F)

9.3.1.2 India High Voltage Switchgear Market Revenues, By Power Utilities Applications (2016-2026F)

10. India Switchgear Market Overview, By Applications

10.1 India Switchgear Market Revenues, By Residential Application (2016-2026F)

10.2 India Switchgear Market Revenues, By Commercial Application (2016-2026F)

10.3 India Switchgear Market Revenues, By Industrial Application (2016-2026F)

10.4 India Switchgear Market Revenues, By Power Utilities Application (2016-2026F)

10.5 India Switchgear Market Revenues, By Other Applications (2016-2026F)

11. India Switchgear Market Key Performance Indicators

12. India Switchgear Market Opportunity Assessment

12.1 India Switchgear Market Opportunity Assessment, By Voltage (2026F)

12.2 India Switchgear Market Opportunity Assessment, By Applications (2026F)

13. India Switchgear Market Competitive Landscape

13.1 India  Low Voltage Switchgear Market Revenue Share, By Voltage, By Company (2019)

13.1.1 India MCB Market Revenue Share, By Company, 2019

13.1.2 India MCCB Market Revenue Share, By Company, 2019

13.1.3 India ACB Market Revenue Share, By Company, 2019

13.1.4 India OLR Market Revenue Share, By Company, 2019

13.1.5 India SDF Market Revenue Share, By Company, 2019

13.1.6 India Controlgear Market Revenue Share, By Company, 2019

13.2 India  Medium Voltage Switchgear Market Revenue Share, By Voltage, By Company (2019)

13.3 India High Voltage Switchgear Market Revenue Share, By Voltage, By Company (2019)

13.4 India Switchgear Market Competitive Benchmarking, By Technical Parameters

14. Company Profiles

14.1 ABB India Ltd.

14.2 Siemens Limited

14.3 Larsen & Toubro Limited

14.4 Havells India Ltd.

14.5 Schneider Electric Infrastructure Limited

14.6 C&S Electric Limited

14.7 CG Power and Industrial Solutions Limited

14.8 GE T&D India Limited

14.9 HPL Electric and Power Limited

14.10 Legrand India Private Limited

14.11 Bharat Heavy Electrical Limited

14.12 Toshiba Transmission & Distribution Systems (India) Pvt. Ltd.

14.13 Eaton Corporation Plc

15. Key Strategic Recommendations

16. Disclaimer

List of Figures

Figure 1. India Power Generation Mix as on Dec’2018

Figure 2. India Installed Capacity Sector-Wise Share as on Sept’2019

Figure 3. India Installed Capacity Regional Share as on Dec’2018

Figure 4. India Switchgear Market Revenues, 2016-2026F ($ Billion)

Figure 5. India Switchgear Market Revenue Share, By Voltage, 2019 & 2026F

Figure 6. India Switchgear Market Revenue Share, By Applications, 2019 & 2026F

Figure 7. India Estimated Power Requirement, FY22 & FY30 (MW)

Figure 8. India Power Supply Generation, 2015 – 2019 (Billion Units)

Figure 9. Total Power Generation Capacity Share as on October 2019, Fuel Wise and Sector Wise

Figure 10. Sector Wise Investment Share in Energy Sector Through NIP

Figure 11. India Low Voltage Switchgear Market Revenue Share, By Types, 2019 & 2026F

Figure 12. India Low Voltage Switchgear Market Revenue Share, By Applications, 2019 & 2026F

Figure 13. India Medium Voltage Switchgear Market Revenues, 2016-2026F ($ Million)

Figure 14. India Medium Voltage Switchgear Market Revenue Share, By Insulation Types, 2019 & 2026F

Figure 15. India Medium Voltage Switchgear Market Revenue Share, By Types, 2019 & 2026F

Figure 16. India Medium Voltage Switchgear Market Revenue Share, By Applications, 2019 & 2026F

Figure 17. India High Voltage Switchgear Market Revenues, 2016-2026F ($ Million)

Figure 18. India High Voltage Switchgear Market Revenue Share, By Insulation Types, 2019 & 2026F

Figure 19. India High Voltage Switchgear Market Revenue Share, By Applications, 2019 & 2026F

Figure 20. India Renewable Energy Capacity Target, 2019-2022F (MW)

Figure 21. India Total Renewable Energy Capacity Addition Share in 2019, MW

Figure 22. India Solar Tenders and Auctions in 2019 (MW)

Figure 23. India Rooftop PV Installation Target till March 2022 (MW)

Figure 24. India Switchgear Market Opportunity Assessment, By Voltage (2026F)

Figure 25. India Switchgear Market Opportunity Assessment, By Applications (2026F)

Figure 26. India Low Voltage Switchgear Market Revenue Share, By Company, 2019

Figure 27. India Medium Voltage Switchgear Market Revenue Share, By Company, 2019

Figure 28. India High Voltage Switchgear Market Revenue Share, By Company, 2019

Figure 29. India MCB Market Revenue Share, By Company, 2019

Figure 30. India MCCB Market Revenue Share, By Company, 2019

Figure 31. India ACB Market Revenue Share, By Company, 2019

Figure 32. India OLR Market Revenue Share, By Company, 2019

Figure 33. India SDF Market Revenue Share, By Company, 2019

Figure 34. India Controlgear Market Revenue Share, By Company, 2019
 

List of Tables

Table 1. India Anticipated Power Supply Position, FY 2019

Table 2. India Actual Power Supply Position, FY 2018

Table 3. Total Power Generation Capacity as on October 2019, Fuel Wise and Sector Wise

Table 4. Major FDI Investments in Renewable Energy Sector

Table 5. Sector Wise Investment in Energy Sector Through NIP

Table 6. India Low Voltage Switchgear and Panels Market Revenues, 2016-2026F ($ Million)

Table 7. India Low Voltage Switchgear Market Revenues, By Types, 2016-2026F ($ Million)

Table 8. India Low Voltage Switchgear Market Revenues, By Applications, 2016-2026F ($ Million)

Table 9. India Medium Voltage Switchgear Market Revenues, By Insulation Types, 2016-2026F ($ Million)

Table 10. India Medium Voltage Switchgear Market Revenues, By  Types, 2016-2026F ($ Million)

Table 11. India Medium Voltage Switchgear Market Revenues, By Applications, 2016-2026F ($ Million)

Table 12. India High Voltage Switchgear Market Revenues, By Insulation Types, 2016-2026F ($ Million)

Table 13. India High Voltage Switchgear Market Revenues, By Applications, 2016-2026F ($ Million)

Table 14. India Switchgear Market Revenues, By Applications, 2016-2026F ($ Million)

Table 15. 18th Electric Power Survey (EPS) Forecast of Annual Peak Load for 12th and 13th Plans (MW)

Table 16. Installed Capacity During 12th and 13th Plans (MW)

Table 17. Expected Growth In Transmission Sector By 2022

Table 18. India’s Proposed Plans Under Green Corridor Phase II, By States

Table 19. India Upcoming Airport Projects

Table 20. Proposed Branded New Hotel Room Supply, FY2021 (Number of Rooms)

 

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