Electrical Equipment Market in India 2025-2029

Description

List of Tables

The electrical equipment market in india is forecasted to grow by USD 95,306.9 mn during 2024-2029, accelerating at a CAGR of 15.6% during the forecast period. The report on the electrical equipment market in india provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increase in number of residential and commercial building projects, rise in power generation from renewable energy sources, and increase in investments in power sector.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.

Market Scope
Base Year	2025
End Year	2029
Series Year	2025-2029
Growth Momentum	Accelerate
YOY 2025	13.1%
CAGR	15.6%
Incremental Value	$95,306.9 mn

Technavio's electrical equipment market in india is segmented as below:

By Product

Cables and wires
Transmission lines
Transformers
Switchgears
Others

By Application

Transmission and distribution
Generation

By Distribution Channel

Direct sales
Distributors and dealers
Online platforms
Retail stores

This study identifies the growth in cross-border electricity trading as one of the prime reasons driving the electrical equipment market in india growth during the next few years. Also, emergence of smart grids and rapid growth in infrastructure will lead to sizable demand in the market.

The report on the electrical equipment market in india covers the following areas:

Electrical Equipment Market in India sizing
Electrical Equipment Market in India forecast
Electrical Equipment Market in India industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading electrical equipment market in india vendors that include ABB Ltd., ABC transformers Pvt. Ltd., Apar Industries Ltd., Bharat Bijlee Ltd, Bharat Heavy Electricals Ltd., CG Power and Industrial Solutions Ltd., Finolex Cables Ltd., Fuji Electric Co. Ltd., GE Vernova Inc., Gupta Power Infrastructure Ltd., Havells India Ltd., KEI Industries Ltd., Kirloskar Electric Co. Ltd., Larsen and Toubro Ltd., Polycab India Ltd., RR Kabel, Schneider Electric SE, Shilchar Technologies Ltd., Siemens AG, Star Delta Transformers Ltd., Toshiba Corp., and Universal Cables Ltd.. Also, the electrical equipment market in india analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Product Code: IRTNTR41598

1 Executive Summary

1.1 Market overview
- Executive Summary - Chart on Market Overview
- Executive Summary - Data Table on Market Overview
- Executive Summary - Chart on Country Market Characteristics
- Executive Summary - Chart on Market Segmentation by Product
- Executive Summary - Chart on Market Segmentation by Application
- Executive Summary - Chart on Market Segmentation by Distribution Channel
- Executive Summary - Chart on Company Market Positioning

2 Technavio Analysis

2.1 Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
2.2 Criticality of inputs and Factors of differentiation
- Overview on criticality of inputs and factors of differentiation
2.3 Factors of disruption
- Overview on factors of disruption
2.4 Impact of drivers and challenges
- Impact of drivers and challenges in 2024 and 2029

3 Market Landscape

3.1 Market ecosystem
- Parent Market
- Data Table on - Parent Market
3.2 Market characteristics
- Market characteristics analysis
3.3 Value chain analysis
- Value chain analysis

4 Market Sizing

4.1 Market definition
- Offerings of companies included in the market definition
4.2 Market segment analysis
- Market segments
4.3 Market size 2024
4.4 Market outlook: Forecast for 2024-2029
- Chart on India - Market size and forecast 2024-2029 ($ million)
- Data Table on India - Market size and forecast 2024-2029 ($ million)
- Chart on India: Year-over-year growth 2024-2029 (%)
- Data Table on India: Year-over-year growth 2024-2029 (%)

5 Historic Market Size

5.1 Electrical Equipment Market in India 2019 - 2023
- Historic Market Size - Data Table on Electrical Equipment Market in India 2019 - 2023 ($ million)
5.2 Product segment analysis 2019 - 2023
- Historic Market Size - Product Segment 2019 - 2023 ($ million)
5.3 Application segment analysis 2019 - 2023
- Historic Market Size - Application Segment 2019 - 2023 ($ million)
5.4 Distribution Channel segment analysis 2019 - 2023
- Historic Market Size - Distribution Channel Segment 2019 - 2023 ($ million)

6 Market Share of Companies

6.1 Market share of companies
- Data table on 1
- Data table on 2
- Data table on 3
- Data table on 4
- Data table on 5

7 Qualitative Analysis

7.1 Impact of AI on electrical equipment market in India

8 Additional Value/Volume Data

8.1 Electrical Equipment Market in India by Others product 2024 - 2029 ($ million)
- Market Size (value) - Data Table on Electrical Equipment Market in India by Others product 2024 - 2029 ($ million)

9 Five Forces Analysis

9.1 Five forces summary
- Five forces analysis - Comparison between 2024 and 2029
9.2 Bargaining power of buyers
- Bargaining power of buyers - Impact of key factors 2024 and 2029
9.3 Bargaining power of suppliers
- Bargaining power of suppliers - Impact of key factors in 2024 and 2029
9.4 Threat of new entrants
- Threat of new entrants - Impact of key factors in 2024 and 2029
9.5 Threat of substitutes
- Threat of substitutes - Impact of key factors in 2024 and 2029
9.6 Threat of rivalry
- Threat of rivalry - Impact of key factors in 2024 and 2029
9.7 Market condition
- Chart on Market condition - Five forces 2024 and 2029

10 Market Segmentation by Product

10.1 Market segments
- Chart on Product - Market share 2024-2029 (%)
- Data Table on Product - Market share 2024-2029 (%)
10.2 Comparison by Product
- Chart on Comparison by Product
- Data Table on Comparison by Product
10.3 Cables and wires - Market size and forecast 2024-2029
- Chart on Cables and wires - Market size and forecast 2024-2029 ($ million)
- Data Table on Cables and wires - Market size and forecast 2024-2029 ($ million)
- Chart on Cables and wires - Year-over-year growth 2024-2029 (%)
- Data Table on Cables and wires - Year-over-year growth 2024-2029 (%)
10.4 Transmission lines - Market size and forecast 2024-2029
- Chart on Transmission lines - Market size and forecast 2024-2029 ($ million)
- Data Table on Transmission lines - Market size and forecast 2024-2029 ($ million)
- Chart on Transmission lines - Year-over-year growth 2024-2029 (%)
- Data Table on Transmission lines - Year-over-year growth 2024-2029 (%)
10.5 Transformers - Market size and forecast 2024-2029
- Chart on Transformers - Market size and forecast 2024-2029 ($ million)
- Data Table on Transformers - Market size and forecast 2024-2029 ($ million)
- Chart on Transformers - Year-over-year growth 2024-2029 (%)
- Data Table on Transformers - Year-over-year growth 2024-2029 (%)
10.6 Switchgears - Market size and forecast 2024-2029
- Chart on Switchgears - Market size and forecast 2024-2029 ($ million)
- Data Table on Switchgears - Market size and forecast 2024-2029 ($ million)
- Chart on Switchgears - Year-over-year growth 2024-2029 (%)
- Data Table on Switchgears - Year-over-year growth 2024-2029 (%)
10.7 Others - Market size and forecast 2024-2029
- Chart on Others - Market size and forecast 2024-2029 ($ million)
- Data Table on Others - Market size and forecast 2024-2029 ($ million)
- Chart on Others - Year-over-year growth 2024-2029 (%)
- Data Table on Others - Year-over-year growth 2024-2029 (%)
10.8 Market opportunity by Product
- Market opportunity by Product ($ million)
- Data Table on Market opportunity by Product ($ million)

11 Market Segmentation by Application

11.1 Market segments
- Chart on Application - Market share 2024-2029 (%)
- Data Table on Application - Market share 2024-2029 (%)
11.2 Comparison by Application
- Chart on Comparison by Application
- Data Table on Comparison by Application
11.3 Transmission and distribution - Market size and forecast 2024-2029
- Chart on Transmission and distribution - Market size and forecast 2024-2029 ($ million)
- Data Table on Transmission and distribution - Market size and forecast 2024-2029 ($ million)
- Chart on Transmission and distribution - Year-over-year growth 2024-2029 (%)
- Data Table on Transmission and distribution - Year-over-year growth 2024-2029 (%)
11.4 Generation - Market size and forecast 2024-2029
- Chart on Generation - Market size and forecast 2024-2029 ($ million)
- Data Table on Generation - Market size and forecast 2024-2029 ($ million)
- Chart on Generation - Year-over-year growth 2024-2029 (%)
- Data Table on Generation - Year-over-year growth 2024-2029 (%)
11.5 Market opportunity by Application
- Market opportunity by Application ($ million)
- Data Table on Market opportunity by Application ($ million)

12 Market Segmentation by Distribution Channel

12.1 Market segments
- Chart on Distribution Channel - Market share 2024-2029 (%)
- Data Table on Distribution Channel - Market share 2024-2029 (%)
12.2 Comparison by Distribution Channel
- Chart on Comparison by Distribution Channel
- Data Table on Comparison by Distribution Channel
12.3 Direct sales - Market size and forecast 2024-2029
- Chart on Direct sales - Market size and forecast 2024-2029 ($ million)
- Data Table on Direct sales - Market size and forecast 2024-2029 ($ million)
- Chart on Direct sales - Year-over-year growth 2024-2029 (%)
- Data Table on Direct sales - Year-over-year growth 2024-2029 (%)
12.4 Distributors and dealers - Market size and forecast 2024-2029
- Chart on Distributors and dealers - Market size and forecast 2024-2029 ($ million)
- Data Table on Distributors and dealers - Market size and forecast 2024-2029 ($ million)
- Chart on Distributors and dealers - Year-over-year growth 2024-2029 (%)
- Data Table on Distributors and dealers - Year-over-year growth 2024-2029 (%)
12.5 Online platforms - Market size and forecast 2024-2029
- Chart on Online platforms - Market size and forecast 2024-2029 ($ million)
- Data Table on Online platforms - Market size and forecast 2024-2029 ($ million)
- Chart on Online platforms - Year-over-year growth 2024-2029 (%)
- Data Table on Online platforms - Year-over-year growth 2024-2029 (%)
12.6 Retail stores - Market size and forecast 2024-2029
- Chart on Retail stores - Market size and forecast 2024-2029 ($ million)
- Data Table on Retail stores - Market size and forecast 2024-2029 ($ million)
- Chart on Retail stores - Year-over-year growth 2024-2029 (%)
- Data Table on Retail stores - Year-over-year growth 2024-2029 (%)
12.7 Market opportunity by Distribution Channel
- Market opportunity by Distribution Channel ($ million)
- Data Table on Market opportunity by Distribution Channel ($ million)

13 Customer Landscape

13.1 Customer landscape overview
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

14 Drivers, Challenges, and Opportunity/Restraints

14.1 Market drivers
14.2 Market challenges
14.3 Impact of drivers and challenges
- Impact of drivers and challenges in 2024 and 2029
14.4 Market opportunities/restraints

15 Competitive Landscape

15.1 Overview
15.2 Competitive Landscape
- Overview on criticality of inputs and factors of differentiation
15.3 Landscape disruption
- Overview on factors of disruption
15.4 Industry risks
- Impact of key risks on business

16 Competitive Analysis

16.1 Companies profiled
- Companies covered
16.2 Company ranking index
- Company ranking index
16.3 Market positioning of companies
- Matrix on companies position and classification
16.4 ABB Ltd.
- ABB Ltd. - Overview
- ABB Ltd. - Business segments
- ABB Ltd. - Key news
- ABB Ltd. - Key offerings
- ABB Ltd. - Segment focus
- SWOT
16.5 Apar Industries Ltd.
- Apar Industries Ltd. - Overview
- Apar Industries Ltd. - Business segments
- Apar Industries Ltd. - Key offerings
- Apar Industries Ltd. - Segment focus
- SWOT
16.6 Bharat Heavy Electricals Ltd.
- Bharat Heavy Electricals Ltd. - Overview
- Bharat Heavy Electricals Ltd. - Business segments
- Bharat Heavy Electricals Ltd. - Key news
- Bharat Heavy Electricals Ltd. - Key offerings
- Bharat Heavy Electricals Ltd. - Segment focus
- SWOT
16.7 CG Power and Industrial Solutions Ltd.
- CG Power and Industrial Solutions Ltd. - Overview
- CG Power and Industrial Solutions Ltd. - Business segments
- CG Power and Industrial Solutions Ltd. - Key offerings
- CG Power and Industrial Solutions Ltd. - Segment focus
- SWOT
16.8 Finolex Cables Ltd.
- Finolex Cables Ltd. - Overview
- Finolex Cables Ltd. - Product / Service
- Finolex Cables Ltd. - Key news
- Finolex Cables Ltd. - Key offerings
- SWOT
16.9 Fuji Electric Co. Ltd.
- Fuji Electric Co. Ltd. - Overview
- Fuji Electric Co. Ltd. - Business segments
- Fuji Electric Co. Ltd. - Key news
- Fuji Electric Co. Ltd. - Key offerings
- Fuji Electric Co. Ltd. - Segment focus
- SWOT
16.10 GE Vernova Inc.
- GE Vernova Inc. - Overview
- GE Vernova Inc. - Business segments
- GE Vernova Inc. - Key offerings
- GE Vernova Inc. - Segment focus
- SWOT
16.11 Havells India Ltd.
- Havells India Ltd. - Overview
- Havells India Ltd. - Business segments
- Havells India Ltd. - Key news
- Havells India Ltd. - Key offerings
- Havells India Ltd. - Segment focus
- SWOT
16.12 KEI Industries Ltd.
- KEI Industries Ltd. - Overview
- KEI Industries Ltd. - Product / Service
- KEI Industries Ltd. - Key offerings
- SWOT
16.13 Larsen and Toubro Ltd.
- Larsen and Toubro Ltd. - Overview
- Larsen and Toubro Ltd. - Business segments
- Larsen and Toubro Ltd. - Key offerings
- Larsen and Toubro Ltd. - Segment focus
- SWOT
16.14 Polycab India Ltd.
- Polycab India Ltd. - Overview
- Polycab India Ltd. - Business segments
- Polycab India Ltd. - Key offerings
- Polycab India Ltd. - Segment focus
- SWOT
16.15 RR Kabel
- RR Kabel - Overview
- RR Kabel - Product / Service
- RR Kabel - Key offerings
- SWOT
16.16 Schneider Electric SE
- Schneider Electric SE - Overview
- Schneider Electric SE - Business segments
- Schneider Electric SE - Key news
- Schneider Electric SE - Key offerings
- Schneider Electric SE - Segment focus
- SWOT
16.17 Siemens AG
- Siemens AG - Overview
- Siemens AG - Business segments
- Siemens AG - Key news
- Siemens AG - Key offerings
- Siemens AG - Segment focus
- SWOT
16.18 Toshiba Corp.
- Toshiba Corp. - Overview
- Toshiba Corp. - Business segments
- Toshiba Corp. - Key news
- Toshiba Corp. - Key offerings
- Toshiba Corp. - Segment focus
- SWOT

17 Appendix

17.1 Scope of the report
17.2 Inclusions and exclusions checklist
- Inclusions checklist
- Exclusions checklist
17.3 Currency conversion rates for US$
- Currency conversion rates for US$
17.4 Research methodology
- Research methodology
17.5 Data procurement
- Information sources
17.6 Data validation
- Data validation
17.7 Validation techniques employed for market sizing
- Validation techniques employed for market sizing
17.8 Data synthesis
- Data synthesis
17.9 360 degree market analysis
- 360 degree market analysis
17.10 List of abbreviations
- List of abbreviations