スイッチギヤのインド市場：電圧タイプ別、絶縁タイプ別、エンドユーザー別、地域別、機会、予測、2019年～2033年

インドのスイッチギヤ市場は、2026～2033年の予測期間中にCAGR 6.56％を記録し、2025年の40億9,000万米ドルから2033年には68億米ドルに成長すると予測されています。スイッチギヤ市場は、インフラへの投資の増加、再生可能エネルギーの統合、電力管理機器への需要の高まりにより、近年大きな成長を遂げています。スイッチギヤは、電力網を効率的かつ安全に運用するために、電気機器の保護、制御、切り離しを担っており、これが市場の需要を高めています。インドではインフラプロジェクトへの投資が増加しており、効率的なスイッチギヤへの需要が高まっています。

インドでは人口の増加と都市化によって電力需要が伸びており、その結果、市場におけるスイッチギヤの需要が増加しています。同国では工業化が進んでおり、自動化された手順を支援し、適切な電力供給を保証する高効率の電力管理システムに対する需要が高まっています。産業、商業施設、集合住宅が増加するにつれて、堅牢な配電システムに対する需要が増加しており、これが市場におけるスイッチギヤ需要を牽引しています。

さらに、政府と公益事業会社は、スイッチギヤ市場の成長を促進する発電と配電システムを含む電力インフラの近代化を模索しています。政府は今後、安全規制やコンプライアンス要件を強化する方針で、安全な運用を確保するためにスイッチギヤを採用するよう業界に働きかけています。さらに、再生可能エネルギー源の電力網への統合は、今後数年間、スイッチギヤ市場に市場機会を創出します。

例えば、2024年 10月に電力省は、2032年までにインドの再生可能エネルギー送電インフラとエネルギーグリッド容量を拡大する目標を発表しました。政府は、最大500GWの再生可能エネルギー発電容量を構築するため、約1,090億米ドルの投資を検討しています。この開発により、再生可能エネルギーの送電・配電に使用されるユーティリティ部門のスイッチギヤの需要が増加すると予想されます。

目次

第1章 プロジェクトの範囲と定義

第2章 調査手法

第3章 米国の関税の影響

第4章 エグゼクティブサマリー

第5章 顧客の声

• 購入決定時に考慮される要素
  • 特徴
  • 価格
  • アフターサポート
  • ブランドの評判と信頼

第6章 インドのスイッチギヤ市場の展望、2019年～2033年

• 市場規模分析と予測
  • 金額別
• 市場シェア分析と予測
  • 電圧タイプ別
    • 低
    • 中
    • 高
  • 絶縁タイプ
    • ガス絶縁スイッチギヤ
    • 空気絶縁スイッチギヤ
    • 真空絶縁スイッチギヤ
    • ハイブリッドスイッチギヤ
  • エンドユーザー別
    • ユーティリティ
    • 商業
    • 産業
    • 住宅
  • 地域別
    • 北部
    • 南部
    • 東部
    • 西部と中央部
  • 企業別の市場シェア分析（上位5社・その他 - 金額ベース、2025年）
• 2025年の市場マップ分析
  • 電圧タイプ別
  • 絶縁タイプ別
  • エンドユーザー別
  • 地域別

第7章 バリューチェーン分析

第8章 ポーターのファイブフォース分析

第9章 PESTLE分析

第10章 価格分析

第11章 市場力学

• 市場促進要因
• 市場の課題

第12章 市場動向と発展

第13章 ケーススタディ

第14章 競合情勢

• 市場リーダー上位5社の競合マトリックス
• 上位5社のSWOT分析
• 上位10社の主要企業の情勢
  • ABB India Limited
  • GE Vernova T&D India Limited
  • Siemens Limited
  • Hitachi Energy India Limited
  • Schneider Electric India Private Limited
  • Eaton Corporation Private Limited
  • Shreem Electric Ltd.
  • CG Power and Industrial Solutions Limited
  • Ram Ratna Group
  • Voltech Manufacturing Company Ltd

第15章 戦略的提言

第16章 調査会社について・免責事項

List of Tables

• Table 1. Competition Matrix of Top 5 Market Leaders
• Table 2. Mergers & Acquisitions/ Joint Ventures (If Applicable)
• Table 3. About Us - Regions and Countries Where We Have Executed Client Projects

List of Figures

• Figure 1. India Switchgear Market, By Value, In USD Billion, FY2019-FY2033F
• Figure 2. India Switchgear Market Share (%), By Voltage Type, FY2019-FY2033F
• Figure 3. India Switchgear Market Share (%), By Insulation Type, FY2019-FY2033F
• Figure 4. India Switchgear Market Share (%), By End-user, FY2019-FY2033F
• Figure 5. India Switchgear Market Share (%), By Region, FY2019-FY2033F
• Figure 6. By Voltage Type Map-Market Size (USD Billion) & Growth Rate (%), FY2025
• Figure 7. By Insulation Type Map-Market Size (USD Billion) & Growth Rate (%), FY2025
• Figure 8. By End-user Map-Market Size (USD Billion) & Growth Rate (%), FY2025
• Figure 9. By Region Map-Market Size (USD Billion) & Growth Rate (%), FY2025

India switchgear market is projected to witness a CAGR of 6.56% during the forecast period FY2026- FY2033F, growing from USD 4.09 billion in FY2025 to USD 6.80 billion in FY2033. The switchgear market has experienced significant growth in recent years due to rising investment in infrastructure, renewable energy integration and growing demand for power management devices. Switchgear is responsible for safeguarding, controlling and disconnecting electrical equipment to make power networks operate efficiently and safely, which enhances its market demand. Increased investment in infrastructure projects in the nation is increasing the demand for efficient switchgear.

The power demand is growing in India on account of growing population and urbanization that result in an increasing demand for switchgear in the market. Growing industrialization in the nation increases the demand for power management systems with higher efficiency, which could assist automated procedures and provide assurance on the proper supply of power hence, enhancing increasing demand for switchgear in the market. As industries, commercial establishments, and residential complexes multiply, the demand for robust power distribution systems is on rise which drive the demand for switchgear in the market.

Moreover, government and utilities companies are looking to modernize power infrastructure which including power generation and distribution systems which foster the switchgear market growth. The government is the upcoming stricter safety regulations and compliance requirements which are pushing industries to adopt switchgear to ensure safe operations. In addition, integration of renewable energy sources into the power grids creates the market opportunity for switchgear market in the coming years.

For instance, in October 2024, the power ministry announced the goal to expand India's renewable transmission infrastructure and energy grid capacity by 2032. The government is looking to invest around USD 109 Billion to build the capacity for up to 500 GWs of renewable power. This development will increase the demand for switchgear in the utility sector for the transmission and distribution of renewable energy.

Rise in Demand for Reliable Power Supply Management Device Augmenting Market Growth

The rise in urbanization in the country drives the demand for power on a larger scale. The growing demand for energy necessitates the expansion of power generation facilities which traditional power plants and renewable energy plants. Switchgears become indispensable equipment within the utility industry for controlling and distributing the supplied power effectively and ensuring electricity finds its way to consumers in an efficient manner. Switchgear is essential in the regulation and protection of electrical equipment that fuels its demand in the market.

As the country is looking to modernize electrical grids and expand renewable power infrastructure which is fostering the growth in switchgear market size. Significant investments in utility projects are boosting the demand for advanced switchgear in the market. Moreover, the country's shift towards renewable energy is a major driver of demand for switchgear. The switchgear is critical for integrating renewable energy (RE) sources into existing power grids and maintaining the proper flow of energy. Switchgear is essential for handling complex power distribution networks.

For instance, in July 2023, as per the Ministry of Power, the country made the electricity generation target (Including RE) for the year 2023-24 of around 1750 billion Units (BU) which is a growth of around 7.2% over an actual generation of 1624.158 BU for the previous year (2022-23). The rise in electricity generation and distribution for different applications will drive the demand for switchgear in the market.

Switchgear provides the essential electrical infrastructure that enables the safe and reliable integration of residential renewable energy systems. Furthermore, commercial and industrial sectors are adopting smart grid solutions for maintaining grid stability and reliability which drives the demand for power management devices such as switchgear in the market.

Supportive Government Policies and Initiatives Creates Market Opportunity

The Indian government is promoting electrification and modernization of power grids through various incentive plans. The government plans are mainly focusing on enhancing energy efficiency and sustainability thereby contribution to rise in demand for efficient switchgear in the market. The policies will encourage investments in reliable power supply systems which creates the opportunity for switchgear market. The government is looking to design policies that will support smart grid technologies and create a favourable environment for the adoption of advanced switchgear in the country. Moreover, government is looking to commence the safety protocols for industrial sector which creates the market opportunity for switchgear.

Governments are implementing significant investments in new energy infrastructure. In addition, Indian government is promoting the integration of renewable energy sources into the power grids which creates the opportunity for the switchgear. Policies are encouraging the initiation of new renewable energy projects create a need for switchgear thereby driving its demand in the market. Moreover, the government is promoting the domestic manufacturing of electric safety components, including switchgear which could bring economies of scale to manufacturers, hence boosting the production of efficient switchgear in the market.

For instance, the Indian government decided to launch the 'Make in India' initiative and Production Linked Incentive (PLI) schemes which boosted local manufacturing. The policies emphasize local manufacturing processes, reduce dependency on imports, and stimulate economic growth. This development highlights the government is helping to boost local manufacturing in the country which will drive the growth of the switchgear market in the coming years.

High Voltage Switchgear Segment Registering Growth

In India, there is a growing demand for high voltage switchgear as a result of industrialization and urbanization. The country is primarily concentrating on developing and upgrading its power infrastructure. With the growing investment in power infrastructure leading to the demand for efficient and reliable electricity supply equipment in the market. High voltage switchgear is essential to the provision of safe and efficient network operation through the regulating, protecting, and separating electrical equipment. Furthermore, utility industry seeks the construction of new transmission and distribution networks with the application of modernized devices for power control thus spearheading market demand for high voltage switchgear.

Further, government policies are leading to investment in infrastructure development projects such as power generation, transmission, and distribution projects which is generating the market opportunity for high voltage switchgears devices in the market. The initiatives of electrification of rural areas and the use of smart grid technologies further enhance the demand for smart high voltage switchgear.

Further, with the emphasis being placed on being energy-efficient as well as transmission loss-reduction, new age switchgear solutions have become accepted in the marketplace. Growing activities in industries as well as commercials, together with the upswing in the needs of data centres and IT-related infrastructure, also added to higher demand for switchgear with a high voltage rating.

West and Central Regions Dominate the India Market

West and Central regions have dominated the switchgear market and is expected to continue during the forecast period. The demand for switchgear is on the rise due to various factors such as industrialization, infrastructure development, and government initiatives. The region has numerous manufacturing units, IT parks, and industrial corridors which drives the demand for switchgear to manage automation and power distribution efficiently. The growing emphasis on automation in industrial sectors boots the need for switchgear to optimize operations. Moreover, the governments of different states are focusing on industrial growth and renewable energy which further propels the demand for switchgear in the market.

Government is taking initiatives for rural electrification programs which have further boosted the demand for switchgear in the region. Moreover, the central region is benefit from better infrastructure, higher investment inflows, and proactive state policies which drive the demand for switchgears in the market. Several utility companies are looking to invest in the power generation and transmission which going to boost the demands for the switchgear in the market.

For instance, in February 2025, Avaada Group decided to investment around USD 5.7 billion. The company decided to sign MoU with the government of Madhya Pradesh for the develop of large-scale renewable energy and storage projects in the state. The company plans to establish 6,000 MW of solar power, 700 MW of wind power, 2,100 MW of battery energy storage systems, and 2,000 MW of pumped storage projects. For managing of proper flow of current will drive the demand for switchgear in the market.

Future Market Scenario (FY2026 - FY2033F)

The push towards smart grid technologies is another significant trend that drives the demand for the switchgear market.

Government policies aimed at promoting infrastructure development and electrification are set to boost the demand for switchgears in the country.

Integration of renewable energy sources in large-scale industrial applications creates the opportunity for switchgear market growth in coming years.

Switchgears align with government goals regarding energy efficiency and sustainability energy policies which drive its market in the forecast period.

Key Players Landscape and Outlook

To remain competitive in the switchgear market, companies are focusing on technological advancements and strategic partnerships. Companies are also investing in R&D to develop sustainable and energy-efficient solutions, which enhances market presence through collaborations with technology firms. Additionally, companies are leveraging smart grid technologies and digitalization to improve efficiency and reliability, catering to the growing demand for advanced switchgear systems. Product launches, agreements, business expansions, collaborations, and developing technologies are projected to increase competition in the fast-paced market.

For instance, in February 2023, ABB India Limited decided to start new state-of-the-art factory in Nashik, doubling its gas insulated switchgear (GIS) production capacity. The new site is spread over 78,000 square feet and equipped with smart and lean manufacturing capabilities. The factory will manufacture primary and secondary GIS. This development helped the company to increase the production capacity and able to fulfil the rising demand for switchgear in the market. Further in February 2023, ABB India Limited launched eco-efficient switchgear PrimeGear ZX0, with SF6-free.

Table of Contents

1. Project Scope and Definitions

2. Research Methodology

3. Impact of U.S. Tariffs

4. Executive Summary

5. Voice of Customers

• 5.1. Factors Considered in Purchase Decisions
  • 5.1.1. Features
  • 5.1.2. Price
  • 5.1.3. After-Sales Support
  • 5.1.4. Brand Reputation and Trust

6. India Switchgear Market Outlook, FY2019-FY2033F

• 6.1. Market Size Analysis & Forecast
  • 6.1.1. By Value
• 6.2. Market Share Analysis & Forecast
  • 6.2.1. By Voltage Type
    • 6.2.1.1. Low
    • 6.2.1.2. Medium
    • 6.2.1.3. High
  • 6.2.2. Insulation Type
    • 6.2.2.1. Gas Insulated Switchgear
    • 6.2.2.2. Air Insulated Switchgear
    • 6.2.2.3. Vacuum Insulated Switchgear
    • 6.2.2.4. Hybrid Switchgear
  • 6.2.3. By End-user
    • 6.2.3.1. Utility
    • 6.2.3.2. Commercial
    • 6.2.3.3. Industrial
    • 6.2.3.4. Residential
  • 6.2.4. By Region
    • 6.2.4.1. North
    • 6.2.4.2. South
    • 6.2.4.3. East
    • 6.2.4.4. West and Central
  • 6.2.5. By Company Market Share Analysis (Top 5 Companies and Others - By Value, FY2025)
• 6.3. Market Map Analysis, FY2025
  • 6.3.1. By Voltage Type
  • 6.3.2. By Insulation Type
  • 6.3.3. By End-user
  • 6.3.4. By Region

All segments will be provided for all regions covered

7. Value Chain Analysis

8. Porter's Five Forces Analysis

9. PESTLE Analysis

10. Pricing Analysis

11. Market Dynamics

• 11.1. Market Drivers
• 11.2. Market Challenges

12. Market Trends and Developments

13. Case Studies

14. Competitive Landscape

• 14.1. Competition Matrix of Top 5 Market Leaders
• 14.2. SWOT Analysis for Top 5 Players
• 14.3. Key Players Landscape for Top 10 Market Players
  • 14.3.1. ABB India Limited
    • 14.3.1.1. Company Details
    • 14.3.1.2. Key Management Personnel
    • 14.3.1.3. Products and Services
    • 14.3.1.4. Financials (As Reported)
    • 14.3.1.5. Key Market Focus and Geographical Presence
    • 14.3.1.6. Recent Developments/Collaborations/Partnerships/Mergers and Acquisition
  • 14.3.2. GE Vernova T&D India Limited
  • 14.3.3. Siemens Limited
  • 14.3.4. Hitachi Energy India Limited
  • 14.3.5. Schneider Electric India Private Limited
  • 14.3.6. Eaton Corporation Private Limited
  • 14.3.7. Shreem Electric Ltd.
  • 14.3.8. CG Power and Industrial Solutions Limited
  • 14.3.9. Ram Ratna Group
  • 14.3.10. Voltech Manufacturing Company Ltd

Companies mentioned above DO NOT hold any order as per market share and can be changed as per information available during research work.

15. Strategic Recommendations

16. About Us and Disclaimer