Electrical Equipment Market in India will witness $ 33.74 Billion growth during 2021-2025 | Rise in power generation from renewable energy sources to boost growth | Technavio

NEW YORK, June 7, 2021 /PRNewswire/ -- Set to grow by USD 33.74 billion during 2021-2025, Technavio's latest market research report estimates the electrical equipment market in India to register a CAGR of almost 9%. With a focus on identifying dominant industry influencers, Technavio's reports present a detailed study by the way of synthesis, and summation of data from multiple sources. This report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment.

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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. ABB Ltd., Bharat Heavy Electricals Ltd., CG Power and Industrial Solutions Ltd., EMCO Ltd., Fuji Electric Co. Ltd., Larsen and Toubro Ltd., Schneider Electric SE, Siemens AG, TD Power Systems Pvt. Ltd., and Toshiba Corp. are some of the major market participants. A rise in power generation from renewable energy sources will offer immense growth opportunities. To leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments while maintaining their positions in the slow-growing segments.

Electrical Equipment Market in India 2021-2025: Segmentation

Electrical Equipment Market in India is segmented as below:

• Product
• Cables
• Switchgears
• Boilers
• Transformers
• Other Products
• Application
• Transmission And Distribution
• Generation

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Electrical Equipment Market in India 2021-2025: Vendor Analysis and Scope

To help businesses improve their market position, the electrical equipment market in India provides a detailed analysis of around 25 vendors operating in the market. Some of these vendors include ABB Ltd., Bharat Heavy Electricals Ltd., CG Power and Industrial Solutions Ltd., EMCO Ltd., Fuji Electric Co. Ltd., Larsen and Toubro Ltd., Schneider Electric SE, Siemens AG, TD Power Systems Pvt. Ltd., and Toshiba Corp.

The report also covers the following areas:

• Electrical Equipment Market in India size
• Electrical Equipment Market in India trends
• Electrical Equipment Market in India industry analysis

The emergence of smart grids is likely to emerge as one of the primary drivers of the market. However, the threat from cyberattacks in the power generation industry may threaten the growth of the market.

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Electrical Equipment Market in India 2021-2025: Key Highlights

• CAGR of the market during the forecast period 2021-2025
• Detailed information on factors that will assist electrical equipment market growth in India during the next five years
• Estimation of the electrical equipment market size in India and its contribution to the parent market
• Predictions on upcoming trends and changes in consumer behavior
• The growth of the electrical equipment market in India
• Analysis of the market's competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of the electrical equipment market vendors in India

Table of Contents:

Executive Summary

Market Landscape

• Market ecosystem
• Value chain analysis

Market Sizing

• Market definition
• Market segment analysis
• Market size 2020
• Market outlook: Forecast for 2020 - 2025

Five Forces Analysis

• Five forces summary
• Bargaining power of buyers
• Bargaining power of suppliers
• Threat of new entrants
• Threat of substitutes
• Threat of rivalry
• Market condition

Market Segmentation by Product

• Market segments
• Comparison by Product
• Cables - Market size and forecast 2020-2025
• Switchgears - Market size and forecast 2020-2025
• Boilers - Market size and forecast 2020-2025
• Transformers - Market size and forecast 2020-2025
• Transmission lines - Market size and forecast 2020-2025
• Others - Market size and forecast 2020-2025
• Market opportunity by Product

Market Segmentation by Application

• Market segments
• Comparison by Application
• Transmission and distribution - Market size and forecast 2020-2025
• Generation - Market size and forecast 2020-2025
• Market opportunity by Application

Customer landscape

• Market drivers
• Market challenges
• Market trends

Vendor Landscape

• Vendor landscape
• Landscape disruption

Vendor Analysis

• Vendors covered
• Market positioning of vendors
• ABB Ltd.
• Bharat Heavy Electricals Ltd.
• CG Power and Industrial Solutions Ltd.
• EMCO Ltd.
• Fuji Electric Co. Ltd.
• Larsen and Toubro Ltd.
• Schneider Electric SE
• Siemens AG
• TD Power Systems Pvt. Ltd.
• Toshiba Corp.

Appendix

• Scope of the report
• Currency conversion rates for US$
• Research methodology
• List of abbreviations

About Us

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Media & Marketing Executive
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Website: www.technavio.com/
Report: www.technavio.com/report/electrical-equipment-market-in-india-industry-analysis

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