Indian Modular Switch Market is Estimated to Generate $1,595.0 Million, Globally, by 2022 - Allied Market Research - Seite 3

The report features a competitive scenario of the Indian modular switch market and provides a comprehensive analysis of key growth strategies adopted by major players. Key players adopt product launches, and promotional activities as their key growth strategies to expand their presence and gain a competitive edge. Companies profiled in the report include Havells India Limited, Anchor Electricals Pvt. Ltd. (Panasonic Corporation), GM Modular, Legrand, Koninklijke Philips NV, Schneider Electric, ORPAT Group, Wipro Lighting, ABB Ltd, and KOLORS.

Key Findings:

• Major driving forces for the growth of Indian modular switch market are growth in real estate sector, continuous technological advancements and rising standards of living among Indian population.
• Sales through intermediary segment dominated the India modular switch market in 2015; however, the online sales and dual distribution segment is expected to grow at the highest CAGR.
• Based on price level, low price level segment led the Indian modular switch market in 2015 and is expected to dominate the market during 2016-2022. However, Medium price level segment is forecasted to grow at the fastest CAGR of 24.0% during analysis period.
• West India dominated in 2015, whereas South India is expected to register the fastest growth.

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