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Indian Modular Switch Market 2016: Industry Insights, Statistics, Market shares and Forecasts to 2022

09-21-2016 11:51 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Intense Research

Indian Modular Switch Market 2016: Industry Insights,

Latest industry research report on: Modular switches are customizable, high-capacity switches that have outpaced traditional switches in terms of design, ease of installation, operational efficiency, and appearance. These switches are available at affordable prices and are equipped with advanced technologies such as Internet connectivity, USB sockets, and childproof shutters, among others. These are safer and convenient toperate as compared tconventional switches. These switches incorporate twtypes of components: switches, sockets, & other accessories; and mounting plates for placing the switch. Enhanced safety measures, vibrant colors, advanced technology, smooth operation, and lower costs of maintenance are the characteristics features of modular switches.

Complete Report of Indian Modular Switch Market @ http://www.intenseresearch.com/market-analysis/indian-modular-switch-market-opportunities-and-forecast-20152022.html

Based on price level, the market is divided intlow, medium, high, premium, and luxury levels. The low level subsegment includes modular switches priced $5 and below, whereas modular switches priced $6–$10 are included in the medium level subsegment. The high level subsegment consists of modular switches in the price range of $11–$20, while switches in the price range of $21–$30 are included in the premium level subsegment. The luxury subsegment consists of modular switches in the price range $30 and above.

Get Free Sample Report of Indian Modular Switch Market @ http://bit.ly/2cJnZE1

Modular switches comply with the government regulations regarding safety in household, commercial, and industrial sectors. These switches are more expensive than non-modular switches, owing ttheir higher capacity and advanced safety features. The modular switch market is driven by factors such as electrical safety concerns, compliance tsafety regulations, and rapid growth of the real estate industry. The market is segmented on the basis of sales channel, price level, vertical, and region. Based on sales and distribution of modular switches, the market is segmented intdirect sales, sales through intermediaries, dual distribution, and reverse channel.

The market is segmented by vertical intresidential, industrial, hospitality, healthcare, retail, IT & telecom, and others (government and educational institutions). The regional segmentation consists of North India, East India, West India, and South India.

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