India Electrical Equipment Market to 2018

India: Research and Markets announced 'India Electrical Equipment Market to 2018: ABB, Bharat Heavy Electricals, Crompton Greaves & Siemens Dominate' addition to their offering.

 


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India: Research and Markets announced ‘India Electrical Equipment Market to 2018: ABB, Bharat Heavy Electricals, Crompton Greaves & Siemens Dominate’ addition to their offering.

In order to compete in the Global Electrical Equipment market, manufacturers in India are introducing innovative technologies and building new power transformers and generators, promising better services. As a result, the growth of the Electrical Equipment market in India is expected to keep increasing. One of the major drivers for the market is an increased demand for transformers and switchgears.

The key challenge in the market is the lack of adequate testing facilities for electrical equipment which is affecting the price of the equipment. According to the report, ABB Ltd., Bharat Heavy Electricals Ltd., Crompton Greaves Ltd. and Siemens AG are dominating the market.

To find out more, visit: http://www.researchandmarkets.com/research/nxdd38/electrical

Source: Research and Markets