India Electrical Switches (Modular and Non-Modular) Market Competition Forecast & Opportunities, 2023

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Dublin, Jan. 11, 2019 (GLOBE NEWSWIRE) -- The report has been added to offering. India electrical switches market is projected to grow at a CAGR of more than 12% by 2023, on the back of increasing number of projects in construction and real estate markets, especially in the residential segment across the country. Owing to the aesthetics of modular switches, strong demand is being witnessed from the residential sector, as more and more people are replacing their old switches with modular switches that complement their wall paints and interior designing. Moreover, supportive government initiatives, rising per capita income and declining prices of modular switches are some of the other factors that are expected to positively influence the electrical switches market in India during forecast period.

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Globe Newswire: 12:30 GMT Friday 11th January 2019

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