Indian Low Voltage (LV) Switchgear Market, Forecast to 2021

Growth is Expected to be Fuelled by Investments in the Infrastructure and Renewable Energy Sectors

USD 4,950

* Required Fields

USD 4,950

PAY BY INVOICE

Be the first to review this product

This research service analyzes the Indian LV switchgear market for the calendar year 2016 and uses insights from manufacturers, channel partners, and end users to identify drivers and restraints for the market for the next 5 years. The study further looks at product-wise segments of the market and their individual performance. Further, it describes trends by end users and identifies market opportunities for the future. Increased government spending on infrastructure projects and emerging new segments (renewable and metro rail) are expected to drive the demand for LV switchgear products. Investing in developing R&D capabilities and moving toward a solution provider rather than simply selling products (especially for industrial and infrastructure customers) will lead to increase in sales and increase market share.

Market Drivers:
•     Increased government spending on infrastructure projects
•     Emerging segments such as renewable and metro rail to have significant demand
•     Revival of manufacturing segment driven by policy initiatives such as “Make in India”

Market Restraints:
•     Increasing pricing pressure due to high competition
•     Weak domestic investment cycle is causing delay of the economic recovery
•     Uncertainty and slowness in pace of reforms for power sector

Market Outlook:
•     Renewable energy (solar and wind), infrastructure projects (metro, airports, and ports), and smart cities are the emerging segments and will drive the LV switchgear demand over the next 8-10 years.
•     With increasing competition from new and unorganized suppliers, established MNCs are finding it difficult to sustain the margins; this might result in the market consolidation where MNCs might exit the non-core LV switchgear business.

Strategic Imperatives for Success and Growth:
•     To sustain the growth in the highly competitive market, expanding and enhancing the distribution network will be very critical for the suppliers.
•     Investing in developing R&D capabilities and moving toward a solution provider rather than simply selling products (especially for industrial and infrastructure customers) will lead to increase in sales and increase market share.
•     Collaborate with leading project owners and EPC contractors and consultants who influence the decision making at customer’s end. Engage in consultative selling, by educating the customer about the benefits of the products (safety features, value-added features, and reliability).
•     Wider product range to meet the requirements of all types of end users, i.e., products with rich features and aesthetics for high-end commercial customers and economic products with basic features for utilities and low-end residential customers.
•     Evaluate and customize the sales strategy for customer segments. Participate both in project sales and retail sales. Project sales will aid penetration into large industries, utilities, and infrastructure, whereas retail sales will help selling into residential and commercial segments.

Table of Contents

1. Executive Summary
Executive Summary
Total LV Switchgear Market Snapshot
Executive Summary
Market Engineering Measurements
CEO’s Perspective
2. Research Scope and Deliverables
Research Scope and Deliverables
Research Aim and Objectives
Research Assumptions and Timelines
3. Market Overview
Definitions
Key Questions This Study Will Answer
Segmentation by Product
Segmentation by End User
Segmentation by Region
Indian LV Switchgear Industry Value Chain, 2016
4. External Challenges: Drivers and Restraints—Total LV Switchgear Market
Market Drivers
Market Restraints
5. Forecasts and Trends—Total LV Switchgear Market
Market Engineering Measurements
Revenue Forecast
6. Market Share and Competitive Analysis—Total LV Switchgear Market
Competitive Analysis—Market Share
Market Share Analysis
Competitive Environment
Top Competitors
Competitive Factors and Assessment
7. Growth Opportunities in Indian LV Switchgear Market
Growth Opportunity in Indian LV Switchgear Market
Strategic Imperatives for Success and Growth
8. Air Circuit Breaker (ACB)
Market Engineering Measurements
Revenue Forecast
Competitive and Market Analysis
9. Molded Case Circuit Breaker (MCCB)
Market Engineering Measurements
Revenue Forecast
Competitive and Market Analysis
10. Motor Protection Circuit Breaker (MPCB)
Market Engineering Measurements
Revenue Forecast
Competitive and Market Analysis
11. Change Over Switch (COS)
Market Engineering Measurements
Revenue Forecast
Competitive and Market Analysis
12. Contactors and Relays (C&R)
Market Engineering Measurements
Revenue Forecast
Competitive and Market Analysis
13. Miniature Circuit Breaker (MCB), Residual Current Device (RCD), and Distribution Board (DB)
Market Engineering Measurements
Revenue Forecast
Revenue by Product
Competitive and Market Analysis
14. Switching Devices (SD)
Market Engineering Measurements
Revenue Forecast
Competitive and Market Analysis
15. Motor Starter
Market Engineering Measurements
Revenue Forecast
Competitive and Market Analysis
16. The Last Word
The Last Word—Three Big Predictions
Legal Disclaimer
17. Appendix
Market Engineering Methodology
Table of Acronyms Used
End User Segments

Infographic



List of Figures & Charts

1. Total LV Switchgear Market: Key Market Drivers, India, 2017–2021
2. Total LV Switchgear Market: Key Market Restraints, India, 2017–2021
3. Total LV Switchgear Market: Market Engineering Measurements, India, 2016
4. Total LV Switchgear Market: Company Market Share Analysis of Top 9 Participants, India, 2016
5. Total LV Switchgear Market: Competitive Structure, India, 2016
6. Total LV Switchgear Market: SWOT Analysis, India, 2016
7. ACB Segment: Market Engineering Measurements, India, 2016
8. ACB Segment: Company Market Share Analysis of Top 5 Participants, India, 2016
9. MCCB Segment: Market Engineering Measurements, India, 2016
10. MCCB Segment: Company Market Share Analysis of Top 5 Participants, India, 2016
11. MPCB Segment: Market Engineering Measurements, India, 2016
12. MPCB Segment: Company Market Share Analysis of Top 5 Participants, India, 2016
13. COS Segment: Market Engineering Measurements, India, 2016
14. COS Segment: Company Market Share Analysis of Top 5 Participants, India, 2016
15. C&R Segment: Market Engineering Measurements, India, 2016
16. C&R Segment: Company Market Share Analysis of Top 5 Participants, India, 2016
17. MCB, RCD, and DB Segment: Market Engineering Measurements, India, 2016
18. Revenue by Product, India, 2016
19. MCB, RCD & DB Segment: Company Market Share Analysis of Top 5 Participants, India, 2016
20. SD Segment: Market Engineering Measurements, India, 2016
21. SD Segment: Company Market Share Analysis of Top 5 Participants, India, 2016
22. Motor Starter Segment: Market Engineering Measurements, India, 2016
23. Motor Starter Segment: Company Market Share Analysis of Top 5 Participants, India, 2016


1. Total LV Switchgear Market: Market Engineering Measurements, India, 2016
2. Total LV Switchgear Market: Market Classification, India, 2016
3. Total LV Switchgear Market: Percent Sales Breakdown by Product, India, 2016
4. Total LV Switchgear Market: Percent Sales Breakdown by End User, India, 2016
5. Total LV Switchgear Market: Percent Sales Breakdown by Region, India, 2016
6. Total LV Switchgear Market: Revenue Forecast, India, 2014–2021
7. Total LV Switchgear Market: Percent of Sales, India, 2016
8. ACB Segment: Revenue Forecast, India, 2014–2021
9. ACB Segment: Percent of Sales, India, 2016
10. MCCB Segment: Revenue Forecast, India, 2014–2021
11. ACB Segment: Percent of Sales, India, 2016
12. MPCB Segment: Revenue Forecast, India, 2014–2021
13. ACB Segment: Percent of Sales, India, 2016
14. COS Segment: Revenue Forecast, India, 2014–2021
15. COS Segment: Percent of Sales, India, 2016
16. C&R Segment: Revenue Forecast, India, 2014–2021
17. Total C&R Segment: Percent of Sales, India, 2016
18. MCB, RCD and DB Segment: Revenue Forecast, India, 2014–2021
19. Percent Revenue by Product, India, 2016
20. MCB, RCD & DB Segment: Percent of Sales, India, 2016
21. SD Segment: Revenue Forecast, India, 2014–2021
22. SD Segment: Percent of Sales, India, 2016
23. Motor Starter Segment: Revenue Forecast, India, 2014–2021
24. Motor Starter Segment: Percent of Sales, India, 2016



Keyword1

Keyword2

Keyword3

Related Research

Release Date : 11-Sep-17

Region : South Asia, Middle East & North Africa

Why Frost & Sullivan

Working with the CEO’s growth team to create a vision based on a transformation growth strategy

Creating content-based digital marketing strategies that leverage our research perspective to differentiate and “tell your story”

Tracking over 1000 emerging technologies and analyzing the impact by industry and application to reveal the companies to watch in each sector

The Frost & Sullivan team is based in our 45 global offices and have developed a powerful global understandings of how industries operate on a global level.