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ELECTRICAL SWITCHES:

INDIA MARKET ANALYSIS

October,2009

ElectricalSwitches:IndiaMarketAnalysis

REPORTHIGHLIGHTS
Economic development in India has led to a growing demand for housing and
thus, construction materials. Demand for wiring accessories is closely correlated
toconstructionactivity.
Market Pulse, a leader in building electrical research, has compiled a report on
the electrical switches market in India, on the basis of extensive primary and
secondaryresearch.

Almost8500householdsacrossthesocioeconomicspectrumhavebeensurveyed
in addition to more than 10,000 interviews with retailers of building electrical
products over a year. Highlights of this market report are mentioned
subsequently.

MarketSizeandStructure
The electrical switches sector is highly fragmented with over 500 brands being
manufacturedbymorethan100players.
ThemarketiscurrentlyvaluedatUSD506.4millions.Modularswitchescontribute
morethan50%byvaluetothismarket.TheseareswitchesthatretailforUSD0.6
upwardswhilethenonmodularswitchesretailforlessthanUSD0.4.
Our forecast, based on increase in housing stock, per capita GDP growth and
growthinindustrialproduction,indicatesthattheoverallsalesofswitcheswould
growtoUSD765.5in2014.
ThehighestmarketsharehasbeengarneredbyAnchor(nowaPanasonicbrand),
followed by Havells, MK and Legrand. Philips has recently entered the market
withswitchesmanufacturedinIndia.

UsageofModularSwitches
Only 10% of the households in India have modular switches. Penetration of
modular switches is the highest in West zone and lowest in East zone. SEC A

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ElectricalSwitches:IndiaMarketAnalysis

emergesasthelargestusersegmentofmodularswitches.Usageandintensityof
usageofmodularswitchesdeclinesasonegoesdowntheSECladder.

ConsumerBehaviour
In India, electricians play a dominant role in brand selection. Out of every 100
purchases,56brandselectionsaredirectlyorindirectlymadebytheelectricians
and11bytheretailers.

Thepurchaseprocessinprojectsislargelydependentonthesizeoftheproject.
Architects play a crucial role in brand selection in large and mediumsized
projects.Themostimportantpurchasecriterionforthearchitectisbrandequity.

DistributionNetwork
In India, electrical switches are sold largely through traditional electrical goods
outlets.Thetotalnumberofsuchoutletsisestimatedat200,000inIndia,witha
largepopulationinthesmallertowns.

Contents:
Preface
ExecutiveSummary
IntroductionTheIndianMarket
Chapter1ProductandPackaging
Chapter2IndustryStructure
Chapter3MarketSizeandStructure
Chapter4RetailMarketBrandShares
Chapter5MarketSizeProjections
Chapter6RetailConsumerBehavior
Chapter7ProjectConsumerBehavior
Chapter8UsageofModularSwitchedinHouseholds
Chapter8DistributionSystem
Chapter9MarketPricing
Appendix

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