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Hitachi Ord Shs HTHIF

Hitachi Ltd is a Japan-based company mainly engaged in the development, manufacturing and sales of products and provision of services. The Company has five business segments. Digital Systems & Services segment provides services such as system integration, consulting and cloud services, information technology (IT) products and software and automated teller machines (ATMs). Green Energy & Mobility segment provides power grids, renewable energy, nuclear power and rail systems. Connective Industries segment provides elevators, home appliances and air conditioning, industrial measurement and analysis systems, industrial and distribution solutions, water and environmental solutions, and industrial equipment. Automotive Systems segment offers powertrain, chassis, advanced driver assistance and systems for two-wheelers. The Others segment is engaged in the provision of optical disc drives and management, sale and rental of real estate.


PINL:HTHIF - Post by User

Post by ivosmithon Dec 14, 2023 2:40am
98 Views
Post# 35783756

India Switchgear Market Size Worth US$ 16.5 Million by 2028

India Switchgear Market Size Worth US$ 16.5 Million by 2028

According to the latest research report, the India switchgear market size reached US$ 10 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 16.5 Million by 2028, exhibiting a growth rate (CAGR) of 6.84% during 2023-2028.

India Switchgear Market Trends and Drivers:

The current focus on improving energy efficiency and reducing carbon footprints is driving the market in India. Governments and industries are actively modernizing aging electrical infrastructure in response to this trend. This modernization effort is often accompanied by stringent regulations related to safety and environmental standards. As a result, there is a growing adoption of innovative switchgear technologies that facilitate enhanced monitoring, control, and automation of power distribution networks. Moreover, the emergence of smart cities and the widespread use of Internet of Things (IoT) devices are generating a demand for switchgear systems that can seamlessly integrate with digital platforms. This integration enables real-time monitoring, predictive maintenance, and optimization of power usage.

Request a free sample copy of the report: https://www.imarcgroup.com/india-switchgear-market/requestsample

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