India $1.3+ Bn Stabilizers Market Trends, Competition, Forecast and Opportunities, 2020-2023 & 2024-2030 [Yahoo! Finance]
Eaton Corporation, PLC Ordinary Shares (ETN)
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Source: Yahoo! Finance
Dublin, Sept. 17, 2024 (GLOBE NEWSWIRE) -- The "India Stabilizers Market, By Region, Competition, Forecast and Opportunities, 2020-2030F" report has been added to ResearchAndMarkets.com's offering. The India Stabilizers Market was valued at USD 813.69 Million in 2024 and is expected to reach USD 1.31 billion by 2030 with a CAGR of 8.16% during the forecast period. The India stabilizers market is experiencing robust growth, driven by the country's increasing demand for reliable and consistent power supply amidst frequent voltage fluctuations and power outages. This surge is largely attributed to the rapid urbanization and industrialization sweeping across the nation, which in turn has amplified the need for voltage stabilizers across residential, commercial, and industrial sectors. One of the significant drivers of the market is the expanding middle class and the corresponding rise in the adoption of electrical appliances such as air conditioners, refrigerators, and televisions,
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