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 is proud to partner with more than 100 Fortune 500 companies for over 16 years.
The potential growth difference for the electrical equipment market in India between 2021 and 2025 is $ 33.74 billion. To get the exact annual growth variance and the growth rate YOY, Click here.
Key market dynamics:
An increase in the number of residential and commercial construction projects is identified as the main driver of the electrical equipment market in India. However, the threat of cyber attacks in the power generation sector can hamper the market.
Find out more about the main drivers, trends and additional challenges available with Technavio.
The electrical equipment market is segmented by product (cables, switchgear, boilers, transformers and other products) and by application (transmission and distribution, and generation). The growth of cross-border electricity exchanges will have a significant influence on the electrical equipment market 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.
Bharat Heavy Electricals Ltd.
CG Power and Solutions Industrielles Ltée.
Fuji Electric Co. Ltd
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Main topics covered:
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