Albany, NY -- (SBWIRE) -- 02/13/2015 -- TechNavio's analysts forecast the Modular Switch market in India to reach US$604.53 million by 2016. One of the key factors contributing to this market growth is the rapid growth of the Construction industry in India. The Modular Switch market in India has also been witnessing the development of advanced modular switches. However, the high cost of modular switches could pose a challenge to the growth of this market.

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TechNavio's report, the Modular Switch Market in India 2012-2016, has been prepared based on an in-depth market analysis of the market with inputs from industry experts. The report focuses on India: it also covers the Modular Switch market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

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The key vendors dominating this market space are Anchor Electricals Pvt. Ltd., Havells India Ltd., Honeywell Electrical Devices and Systems India Ltd., and Legrand India Pvt. Ltd.

The other vendors mentioned in this report are GE Co., Schneider Electric SA, ABB Ltd., and Philips Electronics India Ltd.

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Key questions answered in this report:

What will the market size be in 2016 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

You can request one free hour of analyst time when you purchase this report. Details provided within the report.

Table of Contents:

1. Executive Summary

2. Introduction

3. Market Coverage
Market Overview
Key Product Offerings

4. Market Landscape
4.1 Market Size and Forecast
4.2 Five Forces Analysis

5. Vendor Landscape

6. Buying Criteria

7. Market Growth Drivers

8. Drivers and their Impact

9. Market Challenges

10. Impact of Drivers and Challenges

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