TechNavio today launched its report, Modular Switch Market in India 2012-2016, based on an in-depth analysis exclusively focusing on India. The report aims to aid decision makers’ understanding of the present and future landscape of the market.
Commenting on the report, an analyst from TechNavio’s Engineering team said: ”Many wiring equipment vendors are developing advanced modular switches with improved energy efficiency and reduced maintenance costs. The development of integrated automation systems leads to the development of advanced integrated modular switches. These integrated modular switches can be integrated with automation systems to improve overall operating efficiency. Therefore, the development of advanced and next-generation modular switches is one of the emerging trends in the Modular Switch market in India.”
According to the report, the Modular Switch market in India is driven by the Construction industry, which is growing at a rapid rate in India. The number of commercial buildings and residential apartments is increasing across the country, especially in tier 1 cities and metro cities. Many commercial building builders and apartment builders prefer modular switches and use modular switches as one of the special features in their buildings. Therefore, the increasing number of residential buildings and commercial buildings in India enhances the demand for modular switches.
Further, the report reveals that one of the major challenges in the market is the high cost of modular switches.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/content/modular-switch-market-india-2012-2016
TechNavio, the market research platform of Infiniti Research Ltd, publishes periodic market research reports on niche and emerging technologies. For more information on our Engineering market research, please visit https://www.technavio.com/engineering-software
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TechNavio Announces the Publication of its Research Report – Modular Switch Market in India 2012-2016
