India Switchgear Market Outlook to 2018 - Sustained Demand for Low Voltage Switchgears in Residential and Commercial Sector
The report titled ‘India Switchgear Market Outlook to 2018 - Sustained Demand for Low Voltage Switchgears in Residential and Commercial Sector’ presents a comprehensive analysis of the industry aspects including market size by value of switchgears. The report also entails the market share analysis and company profiles of major players operating the switchgear market in India. The future analysis, trends and developments, government regulations and segmentation by product types, end usage and industry structure have also been discussed in the industry research report.
India switchgear market has reported a stupendous CAGR of 21.6% over the period FY’2008 to FY’2013. The market registered revenue worth USD ~ million in FY’2013. In FY’2013, the switchgear market in India grew by 27.3% compared to 48.2% growth registered in FY’2012. The high growth in FY’2012 was significantly attributed to the increased demand for energy generation equipments which resulted in increased sales of high and medium voltage switchgears in the country.
India switchgear market can be segregated into 3 categories on the basis of voltage, including low voltage switchgears, medium voltage switchgears and high voltage switchgears. The contribution of low voltage switchgear, comprising of air circuit breakers (ACB) molded case circuit breakers (MCCB), miniature circuit breakers (MCB), residual current devices (RCD) and contractors and relays stood the highest in FY’2013. The market contribution of low voltage switchgears has displayed a remarkable traction, surging from ~% in FY’2008 to ~% in FY’2013. This progressive increase in the market share of low voltage switchgears has been largely attributed to increased urbanization, construction of new residential households and commercial areas taking place in the country, coupled with the growing concerns for safety and security with respect to the electric equipments.
The country’s developing infrastructure across various sectors including residential, commercial and transport has been the prime factor that has resulted growth in the demand for switchgears in India. Growth in sectors including oil and gas, petrochemicals, steel, cement, and telecom has provided a significant impetus to the growth of this market particularly the industry’s HV segment.
The present scenario of transmission capacities in India has become almost saturated and the distribution infrastructure is becoming obsolete, leading to significant technical and commercial losses. Thus, indicating an immediate need for improvement in the country’s T&D system, to meet the growing demand for uninterrupted energy. As most of the HV and MV switchgears installed in substations are old and becoming outdated, there tends to be a huge requirement for the replacement of old switchgears with modern and advanced switchgears. Replacement of switchgears is another important factor which is expected to propel growth in the country’s HV and MV switchgear market in the coming years. The overall switchgear market in India including LV, MV and HV circuit breakers is expected to reach USD ~ million in terms of revenue, growing at a CAGR of 13.7% from FY’2013-FY’2017.
KEY TOPICS COVERED IN THE REPORT
India switchgear market has reported a stupendous CAGR of 21.6% over the period FY’2008 to FY’2013. The market registered revenue worth USD ~ million in FY’2013. In FY’2013, the switchgear market in India grew by 27.3% compared to 48.2% growth registered in FY’2012. The high growth in FY’2012 was significantly attributed to the increased demand for energy generation equipments which resulted in increased sales of high and medium voltage switchgears in the country.
India switchgear market can be segregated into 3 categories on the basis of voltage, including low voltage switchgears, medium voltage switchgears and high voltage switchgears. The contribution of low voltage switchgear, comprising of air circuit breakers (ACB) molded case circuit breakers (MCCB), miniature circuit breakers (MCB), residual current devices (RCD) and contractors and relays stood the highest in FY’2013. The market contribution of low voltage switchgears has displayed a remarkable traction, surging from ~% in FY’2008 to ~% in FY’2013. This progressive increase in the market share of low voltage switchgears has been largely attributed to increased urbanization, construction of new residential households and commercial areas taking place in the country, coupled with the growing concerns for safety and security with respect to the electric equipments.
The country’s developing infrastructure across various sectors including residential, commercial and transport has been the prime factor that has resulted growth in the demand for switchgears in India. Growth in sectors including oil and gas, petrochemicals, steel, cement, and telecom has provided a significant impetus to the growth of this market particularly the industry’s HV segment.
The present scenario of transmission capacities in India has become almost saturated and the distribution infrastructure is becoming obsolete, leading to significant technical and commercial losses. Thus, indicating an immediate need for improvement in the country’s T&D system, to meet the growing demand for uninterrupted energy. As most of the HV and MV switchgears installed in substations are old and becoming outdated, there tends to be a huge requirement for the replacement of old switchgears with modern and advanced switchgears. Replacement of switchgears is another important factor which is expected to propel growth in the country’s HV and MV switchgear market in the coming years. The overall switchgear market in India including LV, MV and HV circuit breakers is expected to reach USD ~ million in terms of revenue, growing at a CAGR of 13.7% from FY’2013-FY’2017.
KEY TOPICS COVERED IN THE REPORT
- The market size of India switchgear market in terms of value
- India switchgear market segmentation by voltage (low voltage, medium voltage and high voltage)
- India low, medium and high voltage switchgear market segmentation by product types
- India low, medium and high voltage switchgear market segmentation by end usage
- India low, medium and high voltage switchgear market segmentation by industry structure (organized and unorganized)
- Market size of India low voltage switchgear market
- Market size of India medium voltage switchgear market
- Market size of India high voltage switchgear market
- Trends and Developments and Government regulations in the switchgear market in India
- Market share of major players in India switchgear market
- Company profiles of the major players operating in the switchgear market in India
- Future projections and macro economic factors of India switchgear market
1. INDIA SWITCHGEAR MARKET INTRODUCTION
2. INDIA SWITCHGEAR MARKET SIZE, FY’2008-FY’2013
3. INDIA SWITCHGEAR MARKET SEGMENTATION BY VOLTAGE, FY’2008-FY’2013
4. INDIA LOW VOLTAGE SWITCHGEAR MARKET
4.1. India Low Voltage Switchgear Market Introduction and Size, FY’2008-FY’2013
4.2. India Low Voltage Switchgear Market Segmentation
4.2.1. By Product Types, FY’2011-FY’2013
4.2.2. By End Usage, FY’2013
4.2.3. By Industry Structure, FY’2010 – FY’2013
5. INDIA MEDIUM AND HIGH VOLTAGE SWITCHGEAR MARKET
5.1. India Medium Voltage Switchgear Market Introduction and Size, FY’2008-FY’2013
5.2. India Medium Voltage Switchgear Market Segmentation
5.2.1. By Product Categories, FY’2010-FY’2013
5.3. India High Voltage Switchgear Market Introduction and Size, FY’2008-FY’2013
5.4. India High Voltage Switchgear Market Segmentation
5.4.1. By Product Categories, FY’2011-FY’2013
5.5. India Medium and High Voltage Switchgear Market Segmentation
5.5.1. By End Usage, FY’2013
5.5.2. By Industry Structure, FY’2011 – FY’2013
6. INDIA SWITCHGEAR MARKET TRENDS AND DEVELOPMENTS
Increased Adoption of Compact GIS in Substations
Focus on Standardized Designs of Switchgears
Growing Consumption of Electricity
Shift Towards Upgraded Switchgear Technology
Application of Magnetic Actuators in MV Circuit Breakers
7. MARKET SHARE OF MAJOR PLAYERS IN THE SWITCHGEAR MARKET OF INDIA
Market Share of Major Players in India Low Voltage Switchgear Market
Competitive Scenario of Medium and High Voltage Switchgear Market in India
8. COMPANY PROFILES OF THE MAJOR PLAYERS IN THE SWITCHGEAR MARKET OF INDIA
9. SWITCHGEAR MARKET FUTURE OUTLOOK AND PROJECTIONS, FY’2014-FY’2018
9.1. Switchgear Market Future Outlook and Projections, FY’2014-FY’2018
9.2. Cause and Effect Relationship between Industry Factors and Switchgear Market of India
9.3. SWOT Analysis
10. MACRO ECONOMIC FACTORS OF INDIA SWITCHGEAR MARKET
10.1. India Electricity Generation, 2008-2018
10.2. India Urban Population, 2008-2018
10.3. India GDP from Industrial Sector, FY’2008-FY’2018
10.4. India Residential Real Estate Market, FY’2008-FY’2018
11. APPENDIX
11.1. Market Definitions
11.2. Market Abbreviations
11.3. Research Methodology
Data Collection Methods
Approach
Variables (Dependent and Independent)
Multi Factor Based Sensitivity Model
Final Conclusion
11.4. Disclaimer
2. INDIA SWITCHGEAR MARKET SIZE, FY’2008-FY’2013
3. INDIA SWITCHGEAR MARKET SEGMENTATION BY VOLTAGE, FY’2008-FY’2013
4. INDIA LOW VOLTAGE SWITCHGEAR MARKET
4.1. India Low Voltage Switchgear Market Introduction and Size, FY’2008-FY’2013
4.2. India Low Voltage Switchgear Market Segmentation
4.2.1. By Product Types, FY’2011-FY’2013
4.2.2. By End Usage, FY’2013
4.2.3. By Industry Structure, FY’2010 – FY’2013
5. INDIA MEDIUM AND HIGH VOLTAGE SWITCHGEAR MARKET
5.1. India Medium Voltage Switchgear Market Introduction and Size, FY’2008-FY’2013
5.2. India Medium Voltage Switchgear Market Segmentation
5.2.1. By Product Categories, FY’2010-FY’2013
5.3. India High Voltage Switchgear Market Introduction and Size, FY’2008-FY’2013
5.4. India High Voltage Switchgear Market Segmentation
5.4.1. By Product Categories, FY’2011-FY’2013
5.5. India Medium and High Voltage Switchgear Market Segmentation
5.5.1. By End Usage, FY’2013
5.5.2. By Industry Structure, FY’2011 – FY’2013
6. INDIA SWITCHGEAR MARKET TRENDS AND DEVELOPMENTS
Increased Adoption of Compact GIS in Substations
Focus on Standardized Designs of Switchgears
Growing Consumption of Electricity
Shift Towards Upgraded Switchgear Technology
Application of Magnetic Actuators in MV Circuit Breakers
7. MARKET SHARE OF MAJOR PLAYERS IN THE SWITCHGEAR MARKET OF INDIA
Market Share of Major Players in India Low Voltage Switchgear Market
Competitive Scenario of Medium and High Voltage Switchgear Market in India
8. COMPANY PROFILES OF THE MAJOR PLAYERS IN THE SWITCHGEAR MARKET OF INDIA
9. SWITCHGEAR MARKET FUTURE OUTLOOK AND PROJECTIONS, FY’2014-FY’2018
9.1. Switchgear Market Future Outlook and Projections, FY’2014-FY’2018
9.2. Cause and Effect Relationship between Industry Factors and Switchgear Market of India
9.3. SWOT Analysis
10. MACRO ECONOMIC FACTORS OF INDIA SWITCHGEAR MARKET
10.1. India Electricity Generation, 2008-2018
10.2. India Urban Population, 2008-2018
10.3. India GDP from Industrial Sector, FY’2008-FY’2018
10.4. India Residential Real Estate Market, FY’2008-FY’2018
11. APPENDIX
11.1. Market Definitions
11.2. Market Abbreviations
11.3. Research Methodology
Data Collection Methods
Approach
Variables (Dependent and Independent)
Multi Factor Based Sensitivity Model
Final Conclusion
11.4. Disclaimer
LIST OF FIGURES
Figure 1: India Switchgear Market Size on the Basis of Revenue in USD Million, FY’2008-FY’2013
Figure 2: India Switchgear Market Segmentation by Low, Medium and High Voltage on the Basis of Revenue in Percentage (%), FY’2008- FY’2013
Figure 3: India Low Voltage Switchgear Market Size on the Basis of Revenue in USD Million, FY’2008- FY’2013
Figure 4: India Low Voltage Switchgear Market Segmentation by Different Circuit Breakers on the Basis of Revenue in Percentage (%), FY’2011-FY’2013
Figure 5: India Low Voltage Switchgear Market Segmentation by End Usage on the Basis Revenue in Percentage (%), FY’2013
Figure 6: India Low Voltage Switchgear Market Segmentation by Industry Structure on the Basis Revenue in Percentage (%), FY’2010-FY’2013
Figure 7: India Medium Voltage Switchgear Market Size on the Basis of Revenue in USD Million, FY’2008-FY’2013
Figure 8: India Medium Voltage Switchgear Market Segmentation by Different Circuit Breakers on the Basis of Revenue in Percentage (%), FY’2010-FY’2013
Figure 9: India High Voltage Switchgear Market Size on the Basis of Revenue in USD Million, FY’2008-FY’2013
Figure 10: India High Voltage Switchgear Market Segmentation by Different Circuit Breakers on the Basis of Revenue in Percentage (%), FY’2011-FY’2013
Figure 11: India High Voltage Switchgear Market Segmentation by End Usage on the Basis Revenue in Percentage (%), FY’2013
Figure 12: India Medium Voltage Switchgear Market Segmentation by End Usage on the Basis Revenue in Percentage (%), FY’2013
Figure 13: India Medium and High Voltage Switchgear Market Segmentation by Industry Structure on the Basis Revenue in Percentage (%), FY’2011-FY’2013
Figure 14: Market Share of Major Players in the Low Voltage Switchgear Market by Revenue in Percentage (%), FY’2013
Figure 15: India Switchgear Market Future Projections on the Basis of Revenue in USD Million, FY’2014-FY’2018
Figure 16: India Electricity Generation in Million Kilowatt Hour, 2008-2018
Figure 17: India Urban Population in Millions, 2008-2018
Figure 18: India GDP from Industrial Sector in USD Million, FY’2008-FY’2018
Figure 19: India Real Estate Residential Space in Million Square Meters, FY’2008-FY’2018
Figure 1: India Switchgear Market Size on the Basis of Revenue in USD Million, FY’2008-FY’2013
Figure 2: India Switchgear Market Segmentation by Low, Medium and High Voltage on the Basis of Revenue in Percentage (%), FY’2008- FY’2013
Figure 3: India Low Voltage Switchgear Market Size on the Basis of Revenue in USD Million, FY’2008- FY’2013
Figure 4: India Low Voltage Switchgear Market Segmentation by Different Circuit Breakers on the Basis of Revenue in Percentage (%), FY’2011-FY’2013
Figure 5: India Low Voltage Switchgear Market Segmentation by End Usage on the Basis Revenue in Percentage (%), FY’2013
Figure 6: India Low Voltage Switchgear Market Segmentation by Industry Structure on the Basis Revenue in Percentage (%), FY’2010-FY’2013
Figure 7: India Medium Voltage Switchgear Market Size on the Basis of Revenue in USD Million, FY’2008-FY’2013
Figure 8: India Medium Voltage Switchgear Market Segmentation by Different Circuit Breakers on the Basis of Revenue in Percentage (%), FY’2010-FY’2013
Figure 9: India High Voltage Switchgear Market Size on the Basis of Revenue in USD Million, FY’2008-FY’2013
Figure 10: India High Voltage Switchgear Market Segmentation by Different Circuit Breakers on the Basis of Revenue in Percentage (%), FY’2011-FY’2013
Figure 11: India High Voltage Switchgear Market Segmentation by End Usage on the Basis Revenue in Percentage (%), FY’2013
Figure 12: India Medium Voltage Switchgear Market Segmentation by End Usage on the Basis Revenue in Percentage (%), FY’2013
Figure 13: India Medium and High Voltage Switchgear Market Segmentation by Industry Structure on the Basis Revenue in Percentage (%), FY’2011-FY’2013
Figure 14: Market Share of Major Players in the Low Voltage Switchgear Market by Revenue in Percentage (%), FY’2013
Figure 15: India Switchgear Market Future Projections on the Basis of Revenue in USD Million, FY’2014-FY’2018
Figure 16: India Electricity Generation in Million Kilowatt Hour, 2008-2018
Figure 17: India Urban Population in Millions, 2008-2018
Figure 18: India GDP from Industrial Sector in USD Million, FY’2008-FY’2018
Figure 19: India Real Estate Residential Space in Million Square Meters, FY’2008-FY’2018
LIST OF TABLES
Table 1: India Low Voltage Switchgear Market Segmentation by Different Circuit Breakers on the Basis of Revenue in USD Million, FY’2011-FY’2013
Table 2: India Low Voltage Switchgear Market Segmentation by Industry Structure on the Basis Revenue in USD Million, FY’2010-FY’2013
Table 3: India Medium Voltage Switchgear Market Segmentation by Different Circuit Breakers on the Basis of Revenue in USD Million, FY’2010-FY’2013
Table 4: India High Voltage Switchgear Market Segmentation by Different Circuit Breakers on the Basis of Revenue in USD Million, FY’2011-FY’2013
Table 5: Consumption of Electricity by Various Sectors in India in Giga Watt Hour, FY’2008-FY’2011
Table 6: Company Profiles of Major Players in India Switchgear Market
Table 7: Cause and Effect Relationship between Industry Factors and India Switchgear Market Industry Prospects
Table 8: SWOT Analysis for Switchgear Market in India
Table 9: Correlation Matrix of India Switchgear Industry
Table 10: Regression Coefficients Output of the India Switchgear Industry
Table 1: India Low Voltage Switchgear Market Segmentation by Different Circuit Breakers on the Basis of Revenue in USD Million, FY’2011-FY’2013
Table 2: India Low Voltage Switchgear Market Segmentation by Industry Structure on the Basis Revenue in USD Million, FY’2010-FY’2013
Table 3: India Medium Voltage Switchgear Market Segmentation by Different Circuit Breakers on the Basis of Revenue in USD Million, FY’2010-FY’2013
Table 4: India High Voltage Switchgear Market Segmentation by Different Circuit Breakers on the Basis of Revenue in USD Million, FY’2011-FY’2013
Table 5: Consumption of Electricity by Various Sectors in India in Giga Watt Hour, FY’2008-FY’2011
Table 6: Company Profiles of Major Players in India Switchgear Market
Table 7: Cause and Effect Relationship between Industry Factors and India Switchgear Market Industry Prospects
Table 8: SWOT Analysis for Switchgear Market in India
Table 9: Correlation Matrix of India Switchgear Industry
Table 10: Regression Coefficients Output of the India Switchgear Industry
