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Larsen and Toubro Ltd (PK) LTORY

Industrials Engineering & Construction
Larsen and Toubro Limited is an India-based multinational company, which is engaged in engineering, procurement, and construction (EPC) projects, hi-tech manufacturing and services. The Company's segments include Infrastructure Projects, Energy Projects, Hi-Tech Manufacturing, IT & Technology Services, Financial Services, Development Projects and Others. Energy Projects segment comprises EPC/turnkey solutions in hydrocarbon business, power business and EPC solutions in green energy space. Hi-Tech Manufacturing segment comprises design, manufacture/construct, supply and revamp/retrofit of custom designed, engineered critical equipment & systems to the process plants, nuclear energy & green hydrogen sectors, marine and land platforms, and electrolysers. IT & Technology Services segment comprises information technology and integrated engineering services (including smart world and communication projects), e-commerce/digital platforms & data centers, and semiconductor chip design.


PINL:LTORY - Post by User

Larsen and Toubro Ltd (PK)
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  • ivosmithX
Post by ivosmithon Dec 15, 2023 4:25am
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Post# 35786123

Switchgear Market Report and Outlook 2023-2028

Switchgear Market Report and Outlook 2023-2028

According to the latest research report, the global switchgear market size reached US$ 106.3 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 147.4 Billion by 2028, exhibiting a growth rate (CAGR) of 5.2% during 2023-2028.

The rapid urbanization and industrialization occurring across developing countries are currently key drivers of the market. As cities continue to expand and industries grow, there is an ongoing increase in the demand for reliable and efficient electrical distribution systems. This surge in electricity consumption has led to a heightened need for sophisticated power distribution equipment to ensure the smooth operation of various industrial processes and residential utilities. Additionally, as industrial activities become more complex and diverse, there is an ongoing requirement for safety measures against electrical faults, short circuits, and overloads, further necessitating the usage of switchgears.

Explore full report with Table of Contents: https://www.imarcgroup.com/switchgear-market

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