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The electrical switches sector is highly fragmented with over 500 brands being manufactured by more than 100 players
Modular switches industry is estimated to be INR 2038 cr in FY '13
Non-modular switches industry is estimated to be INR 1500 cr in FY '13

The Switch market in India is experiencing around a 60 percent demand for modular switches in terms of volume

The Modular Switches market in India includes two major end-user segments: Commercial and Households
It is estimated that only 10 percent of households in India adopt modular switches
Penetration of modular switches is the highest in West zone and lowest in East zone
Modular Switches Market Share FY 13

Indian Non-modular Industry (INR Cr)

649

746

858

FY '07

FY '08

FY '09

987

1135

1305

Small
20%

1500

Medium
25%

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FY '10

FY '11

FY '12

FY '13

Source: Feedback Analysis, News articles

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Large
55%

Key Drivers

Switch market in India is driven by the Construction industry, which is growing at a

rapid rate in India
Increasing population leads to urbanization, which in turn enhances the demand for
switches
Many households prefer modular switches as they are easy to handle and install
Modular switches have multiple advantages over traditional switches, which in turn
drive the demand in the Modular Switch market in India

Modular Switches Industry outlook for the next 5 years

INR Cr
6000
4086

4000
2000

2038

2425

FY '13

FY '14

0
Source: Feedback Analysis, News articles

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FY' 17

is a leading research and consulting firm that has been part of enabling investments in India since

1985. The firm has over 800+ clients worldwide, with 80% repeat business. It has domain expertise with over 180+
trained, experienced professionals acting as extension arms to its clients. The firm specializes in providing
information and insights to support clients in new markets, aid in existing business, envision their future and
assist with their ecosystem

For more detailed information / research requirements please write to:

Feedback Business Consulting Services Private Limited,

5th floor, Oxford Towers, 139, Airport Road,
Bangalore 560 008 | India
Phone: +91 80 4062 3800/ 4062 3801

Email: feedback@feedbackconsulting.com / ots@feedbackconsulting.com

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