India Switchgear Market By Insulation (Air Insulated, Gas Insulated, and Others), By Installation (Indoor and Outdoor), By Voltage, (Low (up to 1 kV), Medium (between 1.1 kV and 40 kV), and high (above 40 kV)), By Current (Alternating current (AC) and Direct Current (DC)), By Enclosure (MCB & MCCB, RCCB & ELCB, ACB, DB and Other Switching Devices), By End-User (Commercial, Residential, Transmissio

Published Date: December - 2024 | Publisher: MIR | No of Pages: 320 | Industry: Power | Format: Report available in PDF / Excel Format

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India Switchgear Market By Insulation (Air Insulated, Gas Insulated, and Others), By Installation (Indoor and Outdoor), By Voltage, (Low (up to 1 kV), Medium (between 1.1 kV and 40 kV), and high (above 40 kV)), By Current (Alternating current (AC) and Direct Current (DC)), By Enclosure (MCB & MCCB, RCCB & ELCB, ACB, DB and Other Switching Devices), By End-User (Commercial, Residential, Transmissio

Forecast Period2023-2028
Market Size (2022)USD 1042.33 Million
CAGR (2023-2028)5.13%
Market Size (2028)USD 1431.50 Million
Fastest Growing SegmentGas Insulated
Largest MarketSouth India

MIR Energy Storage Solutions

The Growth in Investments in Renewable Energy

investment in renewable energy in India reached around USD 14.5 billion in 2022, an increase of 125% over 2021 and 72% higher than in the pre-pandemic period of the 2019-20 financial year

Emerging Digitalization and Digitalized Switchgear

Increasing Adoption of Smart Switchgear


MIR Segment1

Market Segmentation

Market Player

Attribute

Details

Base Year

2022

Historic Data

2018 â€“ 2021

Estimated Year

2023

Forecast Period

2024 – 2028

Quantitative Units

Revenue in USD Million and CAGR for 2018-2022 and 2024-2028

Report coverage

Revenue forecast, company share, growth factors, and trends

Segments covered

By Insulation

By Installation

By Voltage

By Current

By Enclosure

By End-User

Country scope

India

Region scope

East India, West India, North India and South India

Key companies profiled

ABB India Limited, Larsen & Toubro Limited, C&S Electric Limited, Siemens Ltd., Schneider Electric Infrastructure Limited, CG Power and Industrial Solutions Limited, HPL Electric and Power Limited, Havells India Ltd., Legrand India Pvt. Ltd., GE T&D India Limited.

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