| Product Code: ETC039785 | Publication Date: Jun 2023 | Updated Date: Aug 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
The India electrical and electronics market is expected to grow at a CAGR of 11.3% during the forecast period (2025-2031). The growing demand for consumer electronic goods, increasing investments in industrial automation, rising adoption rate of electric vehicles, surge in smart cities projects and growing initiatives by the government in order to promote renewable energy are some of the key factors driving growth of the India electrical and electronics market.
? Growing Demand for Consumer Electronic Goods: The demand for consumer electronic goods is increasing due to rising disposable income among households along with changing lifestyle preferences of consumers across India. This has led to an increased demand from this segment which will propel growth over the years ahead.
? Increasing Investments in Industrial Automation: Technological advancements have made automation systems more efficient and effective than ever before. This has resulted into increased adoption by various industries such as automotive, manufacturing etc., resulting into healthy growth prospects for this sector going forward. Moreover, government initiatives such as ?Make In India? have further promoted investments related to industrial automation leading towards healthy growth opportunities in near future.
High Cost Associated With Maintenance & Repair Of Electrical & Electronics Equipment : It involves high cost associated with maintenance & repair activities involved with electrical & electronics equipment thus hampering their overall sales volume over time. Additionally, lack proper skilled professionals also adds up additional cost onto these products resulting negative effect on its overall sales revenue over time .
Emergence Of Smart Cities Projects : Government initiatives like Digital India initiative are promoting development of smart cities project that involve use of connected devices enabled through IoT networks resulting into high demand potential going forward.. Furthermore , emergence low power wide area network technologies such as LoRaWAN is adding fuel towards integration possibilities amongst different services making them smarter than ever before .
The outbreak pandemic has had a major impact on both production levels within industry as well exports figures within country . Thus decreased level activity coupled with disruption supply chain resulted significant drop down numbers affecting negatively towards future prospects entire sector . As per current scenario , it expected take considerable amount time until business operations resumes normalcy after COVID 19 Pandemic subsides eventually causing decline revenues near term basis.
Major players operating within Indian electrical and electronics market include Wipro Ltd., Havells Limited., Schneider Electric SE , Siemens AG , Crompton Gre
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Electrical and electronics Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Electrical and electronics Market Revenues & Volume, 2021 & 2031F |
3.3 India Electrical and electronics Market - Industry Life Cycle |
3.4 India Electrical and electronics Market - Porter's Five Forces |
3.5 India Electrical and electronics Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 India Electrical and electronics Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 India Electrical and electronics Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for consumer electronics products in India |
4.2.2 Government initiatives to promote domestic manufacturing of electrical and electronics products |
4.2.3 Growing adoption of smart home technologies in urban areas |
4.3 Market Restraints |
4.3.1 Price competition from low-cost imports |
4.3.2 Lack of skilled workforce in the electrical and electronics industry |
4.3.3 Fluctuating raw material prices impacting manufacturing costs |
5 India Electrical and electronics Market Trends |
6 India Electrical and electronics Market, By Types |
6.1 India Electrical and electronics Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India Electrical and electronics Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 India Electrical and electronics Market Revenues & Volume, By Electric Motors, 2021-2031F |
6.1.4 India Electrical and electronics Market Revenues & Volume, By Primary And Storage Batteries, 2021-2031F |
6.1.5 India Electrical and electronics Market Revenues & Volume, By Generators, 2021-2031F |
6.1.6 India Electrical and electronics Market Revenues & Volume, By Semiconductors, 2021-2031F |
6.1.7 India Electrical and electronics Market Revenues & Volume, By Household Appliances, 2021-2031F |
6.2 India Electrical and electronics Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 India Electrical and electronics Market Revenues & Volume, By Online, 2021-2031F |
6.2.3 India Electrical and electronics Market Revenues & Volume, By Offline, 2021-2031F |
7 India Electrical and electronics Market Import-Export Trade Statistics |
7.1 India Electrical and electronics Market Export to Major Countries |
7.2 India Electrical and electronics Market Imports from Major Countries |
8 India Electrical and electronics Market Key Performance Indicators |
8.1 Number of new product launches in the electrical and electronics market |
8.2 Percentage of households adopting smart home technologies |
8.3 Investment in research and development for innovative products in the market |
9 India Electrical and electronics Market - Opportunity Assessment |
9.1 India Electrical and electronics Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 India Electrical and electronics Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 India Electrical and electronics Market - Competitive Landscape |
10.1 India Electrical and electronics Market Revenue Share, By Companies, 2024 |
10.2 India Electrical and electronics Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
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