Industrial, Manufacturing & Heavy Industry Market News

Modular switch market to undertake strapping growth during 2018 to 2025 made available by top research firm

Industrial Market Research

Growing concern towards industrial safety, rising use of modular switches in numerous verticals, technological advancements and quick growth in real estate industry are some of the factors driving the market growth. However, high costs involved in manufacturing and unorganized market are hindering the growth of the market.

Stratistics MRC, is pleased to announce this latest publication. 

Modular switches are high capability switches and it can be customized as per the requirement.

Growing usage of modular switches in numerous verticals including residential & commercial buildings, healthcare, retail, IT & telecommunication and necessitate for durable switches are expected to boost the market. It provides additional security to the user and other novel features.

They are flame-resistant and also come with childproof sockets. In malls, hospitals, and multiplexes has started changing the conventional switch with modular switches.

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By Geography, Asia Pacific is the fastest growing market owing to raise in the development of malls and retail stores, due to growing demand for strong and aesthetic modular switches. Moreover, government schemes along with attractive FDI rules have encouraged and concerned international traders to enter the Indian market.

Some of the key players in Modular Switch market include Honeywell Electrical Devices and Systems India, Wipro Lighting, Anchor Electricals Pvt. Ltd., Legrand India, Havells India Ltd, Koninklijke Philips N.V., Schneider Electric, ABB Group, GM Modular PVT.LTD, ORPAT Group, General Electric and Kolors.

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Price Levels Covered:
Low level ($5 and below) 
Medium level (above $5$10)
High level (above $10$20)
Premium Level (above $20$30)
Luxury level (above $30)

Sales Channels Covered:
Sales through intermediaries
Online sales and dual distribution
Direct sales

End Users Covered:
Industrial Sector 
Commercial Sector 
Residential Sector

Regions Covered: 
North America
US
Canada
Mexico
Europe
Germany
France
Italy
UK 
Spain 
Rest of Europe 
Asia Pacific
Japan 
China 
India 
Australia 
New Zealand 
South Korea
Rest of Asia Pacific
South America
Argentina
Brazil
Chile
Rest of South America
Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa

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What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players 
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

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