Product Code: ETC024524 | Publication Date: Jun 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The India electrical testing market was valued at USD 1.84 billion in 2025 and is projected to reach a value of USD 2.38 billion by 2031, witnessing a CAGR of 4.6% during the forecast period (2025-2031). The growth of the market can be attributed to increasing investments for power projects by government and private players along with rising consumer awareness about product safety and quality standards.
1) Government Initiatives: Indian government has been investing huge funds in enhancing infrastructure development including construction activities, which are estimated to drive the growth for the electrical testing market in India over the forecast years. For instance, as per National Infrastructure Pipeline (NIP), around 7500 projects with an investment of INR 103 trillion have been identified across sectors such as energy, roads & railway networks, etc., among others till 2022-23.
2) Growing Construction Industry: Owing to rising population coupled with economic developments leading to better purchasing power parity caused a surge in demand for residential housing units that further drives the infrastructural development in India. This leads to increased requirement of electricity distribution systems and thus create more opportunities for inspection services providers who offer high accuracy tests on various components used within them such as cable harnesses/wires/connectors etc., which is expected to fuel market growth over forthcoming years.
High Cost Of Electrical Test Equipments - Although not limited up until now but keeping abreast current trends seen globally it becomes important that manufacturers should also focus upon developing cheaper yet reliable products so that price barrier gets reduced encouraging wider adoption rate amongst local players belonging mostly smaller business segment or even individuals while enabling them avail benefits associated without having burn hole through pocket book henceforth likely continue stimulating industry performance during mid term assessment outlook .
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Electrical Testing Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Electrical Testing Market Revenues & Volume, 2021 & 2031F |
3.3 India Electrical Testing Market - Industry Life Cycle |
3.4 India Electrical Testing Market - Porter's Five Forces |
3.5 India Electrical Testing Market Revenues & Volume Share, By Testing Application, 2021 & 2031F |
3.6 India Electrical Testing Market Revenues & Volume Share, By Industry Application, 2021 & 2031F |
4 India Electrical Testing Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Electrical Testing Market Trends |
6 India Electrical Testing Market, By Types |
6.1 India Electrical Testing Market, By Testing Application |
6.1.1 Overview and Analysis |
6.1.2 India Electrical Testing Market Revenues & Volume, By Testing Application, 2021-2031F |
6.1.3 India Electrical Testing Market Revenues & Volume, By Voltage Testing, 2021-2031F |
6.1.4 India Electrical Testing Market Revenues & Volume, By Functionality Testing, 2021-2031F |
6.1.5 India Electrical Testing Market Revenues & Volume, By Other , 2021-2031F |
6.2 India Electrical Testing Market, By Industry Application |
6.2.1 Overview and Analysis |
6.2.2 India Electrical Testing Market Revenues & Volume, By Energy & Power, 2021-2031F |
6.2.3 India Electrical Testing Market Revenues & Volume, By Aerospace & Defense, 2021-2031F |
6.2.4 India Electrical Testing Market Revenues & Volume, By Manufacturing, 2021-2031F |
6.2.5 India Electrical Testing Market Revenues & Volume, By Consumer Electronics, 2021-2031F |
6.2.6 India Electrical Testing Market Revenues & Volume, By Oil and Gas, 2021-2031F |
6.2.7 India Electrical Testing Market Revenues & Volume, By Other , 2021-2031F |
7 India Electrical Testing Market Import-Export Trade Statistics |
7.1 India Electrical Testing Market Export to Major Countries |
7.2 India Electrical Testing Market Imports from Major Countries |
8 India Electrical Testing Market Key Performance Indicators |
9 India Electrical Testing Market - Opportunity Assessment |
9.1 India Electrical Testing Market Opportunity Assessment, By Testing Application, 2021 & 2031F |
9.2 India Electrical Testing Market Opportunity Assessment, By Industry Application, 2021 & 2031F |
10 India Electrical Testing Market - Competitive Landscape |
10.1 India Electrical Testing Market Revenue Share, By Companies, 2024 |
10.2 India Electrical Testing Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |