India Switchgear Market: Commercial and Industrial Sectors Taking the Lead
Increasing demand for electricity and booming installation of smart switchgears is expected to drive the India Switchgear market. According to TechSci Research report, " India Switchgear Market - By Region, Competition Forecast & Opportunities, 2018-2028, the India Switchgear market is anticipated to register a robust growth during the forecast period, 2024-2028", owing to rising environmental concerns, government initiatives, and investments for research initiatives to minimize reliance on fossil fuels. The increasing energy demands across various end-use industries have led to an increased focus on integrating advanced electric solutions to overcome the situation. Additionally, with the promotion of digital transformation (DX) and growing network traffic using 5G across the country. Industrialists are preferring to adopt smart switchgears and digital switchgears to further enhance their capabilities. Furthermore, infrastructure and construction setups projects s...