India Switchgear Market Size, Share, Report, Growth, Overview, Trends, Revenue and Forecast till 2022-2027
The latest research study “ India Switchgear Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027 ” by IMARC Group, finds that t he India switchgear market is expected to exhibit a CAGR of 7.1% during 2022-2027. Switchgear represents the switching device that is used for controlling, regulating, and switching an electrical circuit. It generally comprises of fuses, circuit breakers, isolators, relays, current and potential transformers, switches, indicating instruments, lightning arresters, control panels, etc. Switchgears safeguard equipment from short-circuits and provide protection to individuals by limiting the current flow via the system to safe levels. In addition to this, they are highly reliable, can be controlled manually, and enhance the energy efficiency of a facility. Consequently, switchgears find wide-ranging applications across several sectors, such as residential, commercial, industrial, etc. Note: We are regularly tracking the ...