apexresearchFebruary 17, 2021
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Comprehensive Market Research Study 2021 on Global Modular Switch Market with Industry Statistics, Facts and Figures, Trends and Forecast by 2026.
The
Global Modular Switch Market report offers actionable data through the SWOT analysis, Porter’s Five Analysis, Competitors Analysis, Products and Sales Analysis. It also includes the major market situations across the globe such as the product profit, price, production, capacity, demand, supply, as well as market growth structure. The report on the Global Modular Switch Market has been prepared after conducting a comprehensive research through a systematized methodology. This report will help you to make your business decisions in upcoming years as report data is forecasted precisely to 2026 by applying all the matrices.
Legrand India launches Myrius Next Gen
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Legrand India launches Myrius Next Gen
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The Indian Electrical Materials Market was valued at USD 5969.13 Million in FY2020 and is projected to grow at double digit CAGR of 17.88% during the forecast years, to reach USD 9714.33 Million through FY2026.
Increasing construction activities is the major factor driving the electrical materials market in India. The construction sector is one of the largest contributors to economic activity and is expected to grow at 7-8% per annum over the next 10 years in India.
Short-term expansion of India s construction activities will be driven by a mixture of fiscal support and government policies supporting the housing market in the country. Long-term growth will mainly be driven by country s massive population, which requires continued investments into residential building construction sector, which in turn is creating a market opportunity for electrical materials manufacturers in India.