India Electric Power Transmission and Distribution Equipment Market Size & Outlook, 2025-2033
India Electric Power Transmission and Distribution Equipment Market Size
According to Straits Research analysis, The India Electric Power Transmission and Distribution Equipment Market was valued at USD 25104.81 million in 2024 and is projected to reach USD 52393.08 Million by 2033, expanding at a CAGR of 8.5% during the forecast period. The surge in demand is primarily driven by industries such as agriculture, chemicals, and energy. High-dependency use cases in these sectors include irrigation systems, chemical process power requirements and increasing renewable energy installations. Green production and sustainability are emerging trends, along with technological advancements like smart grid and energy storage systems. Further, with India's potential to export power transmission and distribution equipment, the market possesses additional growth opportunities. The country's strategic approach to increase investments in renewable energy and improve grid infrastructure further emphasizes its strong stance in this market.
Source: Straits Research Analysis Company Publications, Primary Interviews.
India Electric Power Transmission and Distribution Equipment Market Highlights
- In 2024, Transformer accounted for the highest share of the Type market size.
- During the forecast period, Metering Equipment is set to register the highest growth, making it the most lucrative Type segment.
- India contributed 10.4% to the global electric power transmission and distribution equipment market size in 2024.
- By 2033, United States is forecasted to remain the largest global market for electric power transmission and distribution equipment market.
- In Asia Pacific, China is projected to capture the leading share of market by 2033.
- Among Asia Pacific markets, India is expected to post the fastest growth, reaching USD 58503 Million by 2033.
India Electric Power Transmission and Distribution Equipment Market Revenue Share 2024
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Report Summary
| Report Scope | Details |
|---|---|
| Base Year for Study | 2024 |
| Study Period | 2020-2033 |
| Historical Period | 2020-2023 |
| Forecast Period | 2025-2033 |
| Market Size In 2024 | USD 25104.81 Million |
| Market Size In 2033 | USD 52393.08 Million |
| Largest segment | Transformer |
| Fastest segment | Metering Equipment |
| Units | Revenue in USD Million |
| CAGR | 8.5% (2025-2033) |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends |
Segmentation Covered
| Segments | Sub Segments |
|---|---|
| Type |
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| Voltage Level |
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| End Use |
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India Electric Power Transmission and Distribution Equipment Market By Type 2033
Source: Straits Research Analysis Company Publications, Primary Interviews.
India Electric Power Transmission and Distribution Equipment Market By Voltage Level 2033
Source: Straits Research Analysis Company Publications, Primary Interviews.
India Electric Power Transmission and Distribution Equipment Market By End Use 2033
Source: Straits Research Analysis Company Publications, Primary Interviews.
