Switch Gear & Control Gear Industry in India_Slide Share

8/12/2019 Switch Gear & Control Gear Industry in India_Slide Share

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Switch gear control gear Industry In India2013- 2017

Picture Courtesy: www.info.wowlogistics.com


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TOCMarket

Overview AppendixIndustryTrends

CompetitiveEnvironment

IndustryStructure

ExecutiveSummary

Drivers &Inhibitors

GovernmentInitiatives

IndustryAnalysis

2

AndhraPradesh

ArunachalPradesh

AssamBihar

Chhattisgarh

Goa

Gujarat

Haryana

HimachalPradesh

Jammu andKashmir

Jharkhand

Karnataka

Kerala

MadhyaPradesh

Maharashtra

Manipur

Meghalaya

Mizoram

Nagaland

Orissa

Punjab

RajasthanSikkim

TamilNadu

Tripura

Uttar Pradesh

Uttaranchal

WestBengal

43cities in India have a population of 1mn+ Cities in India are classified on the basis of cost of

living.

5 Metros includingMumbai, Delhi, Chennai, Kolkata, Bengal uru

8 Tier 1 ( +5 million ) cities includingPune, Ahmedabad

22 Tier 2 cities ( 1 million to 5 million )including Patna, Kochi, Rajkot, Madurai etc.

41 Tier 3 cities ( less then 1 million )includingRanchi, Mangalore, Gwalior, Roorkee etc.

India - Snapshot

Population growth 1.4% p.a

Land area 3.29 mn sq km

Population density 324 persons per sq km

Form of government Democracy

Number of states 29 states & 6 union territories

Capital New Delhi

Per capita income Nominal: INR 68,747 p.a

Religion 6 main religions

LanguagesHindi (national language), English(business language), 22 (officiallanguages)

Currency Rupees

Exchange rate (INRto USD)

1 INR = USD 0.016(as on 7 Nov, 2013)

Rural-urban mix 68% people reside in rural areas

Households 246 mn

Literacy rate 74.04%

Mumbai Pune

HyderabadBangalore

JaipurNew Delhi

Kolkata

Chennai

Ahmadabad

West

North

South

East

Source: Government websites

Lucknow

Nagpur

Patna

Surat

Metro citiesTier-I cities

India Fact File

Copyright @ 2013 ValueNotes Database Pvt Ltd. All rights reserved


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3

Preface to the Report

Who is the Reader?

Participants or stakeholders in the switchgear and control gear industry would benefit from this report

The report will also help analysts, industry experts or any person looking for an understanding of the switchgear and control gear industry

Purpose of the Report

The report gives insights on how the switchgear and control gear industry is expected to grow in the coming years till 2017. It is aimed at

providing intelligent and actionable insights on the drivers and challenges for the industry, the proposed government and policy

initiatives, their subsequent impact on the industry, and key segmentation i.e. by end users and by geography

Another important aspect of the report is the profiles of the top industry players in switchgear and control gear in India

Scope of the Report

This report looks at the current scenario for switchgear and control gear industry in India. It also outlines latest technology updates, industry

trends and industry analysis etc.

The report does not cover electrical equipment used for generation and transmission of power, such as

generators, boilers, turbines, transformers, electric switches, cables & wires etc

TOCMarket



IndustryStructure

ExecutiveSummary

Drivers &Inhibitors


IndustryAnalysis



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Table of contents

4

Executive Summary Slide 7

1 Industry Structure

1.1 Switchgear & control gear industry structure Slide 9

1.2 Industry definition Slide 10

1.3 Industry classification Slide 12

1.4 Industry process/ supply chain Slide 13

2 Market Overview Slide 14

2.1 Market Size & Growth Slide 15

2.2 Market segmentation:

2.2.1 -By Import and domestic production Slide 16

2.2.2 - by Organized and unorganized Slide 172.2.3 -by Product Slide 18

2.2.3.1 - Low Voltage Slide 19

2.2.3.2 - Medium & High Voltage Slide 20

2.2.4 - by End-user segmentation Slide 21

2.3 Geographical Analysis Slide 22

3 Drivers & Inhibitors Slide 23

3.1 Driver 1: Increase in planned capacity addition in power segment Slide 25

3.2 Driver 2: Adoption of New technology Slide 26

3.3 Driver 3: Investment in infrastructural and industrial segments Slide 27

3.4 Driver 4: Increase in demand for residential and commercial segment Slide 28

3.4 Inhibitor 1: Cheap imports and projects imports Slide 29

3.5 Inhibitor 2: Non compliance to international specification and design of switchgear Slide 30

3.6 Inhibitor 3: Failure to achieve power targets and delay in project execution Slide 31

TOCMarket



IndustryStructure

ExecutiveSummary

Drivers &Inhibitors


IndustryAnalysis



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Switchgear IndustryValueNotes India Market Intelligence Dashboard

Market share of top 5 firms = 60% Output in organised Sector = 75%

Organised SectorConcentration

Macro Data: Market size, growth, market

shares of key players, customersegments, key industry metricsMicro Data: Segmental market size &growth, financials of key playersCompleteness: All data points is availableQuality: Accuracy of dataRecency: Latest period data is available

Source of Data

Data Availability

I n d u s

t r y

S t r u c

t u r e

Bureau of Energy Efficiency (BEE),Central Electricity Authority of India (CEA)

Electrical India, Companywebsites, News ArticlesIndian Electrical and Electronics

Manufacturers Association(IEEMA), Control Panel SwitchgearManufacturers Association in India

(COSMA)

Copyright 2014 ValueNotes Database Pvt Ltd. All rights reserved. www.valuenotes .biz 2014

GovernmentBodies

Completeness

Quality

Recency

MacroData

MicroData


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Various policy changes are expected to impact the switchgear and control gear market in IndiaThese are:

De-licensing of electrical equipment sector

Expansionand modernization of Transmission and Distribution sector

Significant Special Economic Zones (SEZs) have received clearances for the engineering sector

Market Size AndGrowth

Drivers andChallenges

Industry Scenario

The switchgear and control gear industry in India is currently valued at ~INR 135bn (FY 2013) and has beengrowing at ~15% for the last 3 years

The industry is expected to grow at a CAGR of 12% till 2017, mainly due to nationwide expansion andmodernization of Transmission and Distribution (T&D) sector. Value Notes estimates that the switchgearindustry in India will reach ~INR 215bn by 2017

Government investments and capacity addition plans in the power sector are likely to drive switchgearindustry growth in India

Increase in low quality and low-priced imports from countries like China and Taiwan is a major detriment tothe growth of the Indian switchgear and control gear market

Organized sector dominates the Indian switchgear and control gear market and is likely to continue todominate till 2017

Low Voltage (LV) switchgear constitutes a higher market share compared to medium voltage (MV) and highvoltage (HV)

Lack of level playing field to the domestic switchgear manufacturers has led to constant rise in imports fromcountries like China, Germany and Korea

Policy Changes

8

E x e c u t i v e S u m

m a r y

TOCMarket



IndustryStructure

ExecutiveSummary

Drivers &Inhibitors


IndustryAnalysis



9/13Appendix

Picture Courtesy: www.info.wowlogistics.com

M k t I d t C titiI d tE i D i & G I d t


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R e s e a r c

h M e t h o

d o

l o g y

Value Notes carries out industry studies designed around optimal use of secondary (desk) research technique to gain maximum intelligencewith specific insights and information. The steps carried out forSwitchgear and Control gear Industry in India

Secondary research : Intensive secondary research sourcesinclude, but are not limited to,

Print and online business publications Analyst reports Press releases Trade publications

Market analysis : Triangulation method is adopted to

validate data points from the supply side, demandside, industry reports and trade publicationsNews Releases/Publications include :

Electrical Monitor IEEMA Journals Indian Brand Equity Foundation Control Panel and Switchgear Manufacturers

Association (COSMA)

The list of publications is not exhaustive

Switchgear &control gear in

India

GovernmentWebsites &Publications

IndustryAssociationsPublications

& NewsReleases

PressReleases &

Publicationsby Industry

Players

IndustryReports/

TradePublications

Value Notes is a full-service market and business research firm. Since 2000, we have helped customers, in India and around the globe, makebetter business decisions by providing actionable inte lligence. Our customized research solutions, by way of projects and continuing

engagements, have helped serve specific business needs - market entry strategy, choice of location, par tner se lection, competitiveintelligence, investment appraisal, due diligence, and customer need analysis.

Over the years , Value Notes has developed considerable domain knowledge in a variety of sectors and industries. More important, we understandhow to develop and deploy appropriate research methodologies best suited for diverse markets. We've developed proprietary research methods

to deal with unorganized, information-scarce markets; and analytical techniques to triangulate, validate and correlate incomplete or unrelatedinformation

About Value Notes

Research Methodology Applied

TOCMarket



IndustryStructure

ExecutiveSummary

Drivers &Inhibitors


IndustryAnalysis


Market Industry CompetitiveIndustryE ti D i & G t Industry


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NSE National Stock Exchange

SEZ Special Economic Zones

tn Trillion

bn Billion

AT&C Aggregate Technical and Commercial

USD US Dollar

11

A b b r e v i a t i o n s & B i b

l i o g r a p

h y

Abbreviations

LV Low Voltage

MV Medium Voltage

HV High Voltage

BSE Bombay Stock Exchange

FDI Foreign Direct Investment

FY financial year (with reference to Financials/ MarketValue)

GDP Gross Domestic Product

INR Indian Rupee

mn Million

BHEL Bharat Heavy Electrical Limited

T&D Transmission and Distribution

R&D Research and Development

OEM Original Equipment Manufacturer

EPC Engineering, Procurement and Contract

CAGR Compound Annual Growth Rate

R-APDRP Restructured Accelerated Power Development &Reforms Programme

RGGVY Rajiv Gandhi Grameen Vidyutikaran Yojana

IEEMA Indian Electrical Equipments ManufacturersAssociation

MW Mega Watt

GOI Government of India

Electrical Machinery, IBEF

Countering the end-of-line challenges, Electrical Monitor

Opportunities and challenges in the switchgear industry, Electrical Monitor

Upgrading Indias Testing Facilities is top priority, Electrical Monitor

Control panel and switchgear industry is growing yet slow, Electrical and Power Review

Indian Capital Goods Industry - A Sector Study, EXIM Bank of India

Indian Switchgear And control gear Industry-waiting To Takeoff, IEEMA

BibliographyValueNotes conducted secondary research to obtain information on Warehousing industry

in India and referred to following sources:

TOCMarket



IndustryStructure

ExecutiveSummary

Drivers &Inhibitors


IndustryAnalysis


Market Industry CompetitiveIndustryExecutive Drivers & Government Industry


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12

G l o s s a r y

Indian Electrical andElectronics Manufacturers'Association (IEEMA)

IEEMA is a national representative organization of manufacturers of electrical, industrial electronics and allied equipment in India

Kilovolt (kV) A unit of potential equal to a thousand volts

Mega Watt (MW) A megawattis a unit for measuring power that is equivalent to one million watts

Compound Annual GrowthRate (CAGR)

The year-over-year growth rate of an investment over a specified period of time

Restructured AcceleratedPower Development &Reforms Programme(RAPDRP)

Re-structured APDRP was approved as central sector scheme with focus actual, demonstrable performance in terms of Aggregate Technical and Commercial (AT&C)loss reduction

Rajiv Gandhi GrameenVidyutikaran Yojana (RGGVY)

Rajiv Gandhi Grameen Vidyutikaran Yojana (RGGVY) is a program launched by power ministry in March 2005 with the objective of electrifying over one lakh un-electrified villages and to provide free electricity connections to 2.34cr rural below poverty line households.

Special Economic Zones( SEZ) A Special Economic Zone (SEZ) is a geographical region that is designed to export goods and provide employment

Engineering, Procurement,

Construction (EPC) EPC is a prominent form of contracting agreement in the construction industry

Systems integrator (SI) A systems integrator is a person or company that specializes in bringing together component subsystems into a whole and ensuring that those subsystems functiontogether.

Original equipmentmanufacturer (OEM)

An organization that makes devices from component parts bought from other organizations

KEMAKEMA is a is a global energy consultancy company that offers management consulting, technology consulting & services to the energy value chain that includebusiness and technical consultancy, operational support, measurements & inspection, and testing & certification services.

National EnvironmentManagement Authority

(NEMA)

The National Environment Management Authority (NEMA) is a government agency responsible for the management of the environment, and the environmentalpolicy.

CE marking The CE marking or formerly EC mark, is a mandatory conformity marking for products sold in the European Economic Area (EEA.

Aggregate Technical andCommercial Losses (AT & CLosses)

Aggregate Technical and Commercial Losses(AT & C Losses) is the sum total of technical loss, commercial losses and shortage due to non-realization of total billedamount

SF6 A circuit breaker in which the current carrying contacts operate in Sulphur Hexafluoride or SF6 gas is known as an SF6 Circuit Breaker

Glossary

TOCMarket



IndustryStructure

ExecutiveSummary

Drivers &Inhibitors


IndustryAnalysis



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As an analyst at ValueNotes, Tejaswee has worked on opportunity assessment studiesin manufacturing & engineering sector where she has been involved in the formulatingrecommendation and entry strategies. Her main focus of studies at ValueNotes hasbeen customer engagement studies in various industries such as lighting andengineering industries. Her projects also include due diligence and industry tracking.She also is a regular writer for ValueNotes where she contributes actively to blogs andarticles.

[email protected] | +91 20 6623 1743

www.indianotes.comIndian Markets

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Other Industry Reports by Value Notes:

1. Warehousing industry in India

2. Cold Chain Industry in India

3. Bottled Water industry in India

Disclaimer: This short industry report is published for general information only. Although high standards have been used in the preparation, ValueNotes is notresponsible for any loss or damage arising from use of this report. The information contained herein is from publicly available data or other sources believed tobe reliable. While we would endeavor to update the information herein on reasonable basis, ValueNotes is under no obligation to update or keep theinformation current. This report is the sole property of ValueNotes and must not be copied, either in whole or in part, or distributed or redistributed to anyother person in any form.

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Switch Gear & Control Gear Industry in India_Slide Share

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