Switchgear market size in India | Growth, Trends & Insights 2025

Code: MTA10418 Publication Date: Oct 2025

What is the growth rate of the India Switchgear Market?

According to 6Wresearch internal database and industry insights, India Switchgear Market is expanding at a CAGR of 8.7% during the forecast period 2025-2031.

There are numbers of factors which are contributing in the expansion of the market include growing investment in transmission and distribution infrastructure, rapid urbanization and industrialization, rising demand for reliable electricity, and government initiatives to modernize grid systems with smart and digital switchgear technologies.

Key Growth Drivers of the India Switchgear Market

  • Rising demand for reliable and uninterrupted power supply across residential and industrial sectors
  • Increasing investments in transmission and distribution networks
  • Expansion of renewable energy integration and smart grid development
  • Growing emphasis on electrical safety and automation in power systems
  • Technological innovations in medium- and high-voltage switchgear design
  • Supportive government programs for electrification and energy efficiency

India Switchgear Market Trends

India Switchgear Market is witnessing strong momentum with increasing adoption of smart and digital switchgears equipped with IoT-based monitoring systems. More urban infrastructure and industrial projects are looking for compact and modular switchgear. Manufacturers are putting a lot of effort into making operations safer and adding automation features for predictive maintenance. Also, new technologies in vacuum and gas-insulated switchgear are pushing companies to come up with new products. There is also a growing trend in the market toward eco-friendly switchgears that use different insulating gases to have less of an impact on the environment.

Emerging Developments in the India Switchgear Market

India Switchgear Market is evolving with advancements in solid-state and hybrid switchgear systems designed for higher efficiency and reliability. More money is being put into research and development of smart switchgear that can be diagnosed and monitored. The utility companies and tech companies are working together to make smart grids more common. Additionally, it is helping local businesses grow, and more renewable energy projects are opening up new growth opportunities. Furthermore, manufacturers are making switchgear that works with digital substations and renewable energy integration.

List of Leading Companies in the India Switchgear Market

Some of the leading companies include:

  • ABB India Ltd.
  • Siemens India Ltd.
  • Schneider Electric India Pvt. Ltd.
  • Larsen & Toubro Ltd.
  • Crompton Greaves Consumer Electricals Ltd.
  • Eaton Power Quality Pvt. Ltd.
  • Havells India Ltd.

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