HIGH PRIORITY MARKET - POWER
BTG MARKET IS EXPERIENCING STRONG GROWTH IN THE COUNTRY
Ü
The Generation Equipment market is expected to expand at a CAGR of 12.7 percent over FY 12 – 22 .
Market size of generation machinery ( USD billion ) 25.1
CAGR : 14.5 %
12.4
6.5
FY12 FY17E
FY22E
Source : Government of India , Ministry of Heavy Industries , Draft Indian Electrical Equipment Industry Mission Plan ( 2012-2022 ), TechSci Research
Note : CAGR -Compound Annual Growth Rate
Generation machinery market break-up ( FY12 *)
|
Ü
Ü
|
Boilers is the major segment , accounting for 62.9 percent of the total industry in FY12 .
Turbines accounted for 27.4 percent , whereas generators made-up the remaining 9.7 percent .
|
27.4 % |
9.7 % |
62.9 % |
Boilers
Turbines
Generators
|
Source : Draft Indian Electrical Equipment Industry Mission Plan ( 2012-2022 ), TechSci Research Note * -As per the Latest Data Available
OTHER MAJOR SEGMENTS – TRANSMISSION AND DISTRIBUTION MACHINERY
Ü Ü
Ü
Manufacturing of transformers recorded a CAGR of 9.6 percent during FY 08 – 11 .
As per the latest data available during FY 12 – 22 , the size of transformers industry is expected to expand at a CAGR of 15.7 percent to USD 11.1 billion .
Domestic transformer industry has the capability to manufacture the whole range of power and distribution transformers , including transformers used for HVDC transmission up to 500KV .
Production of transformers ( million KVA ) Transformers market size ( USD billion )
70.3 71.9 |
CAGR : 9.6 %
85.2
|
96.6 |
105.4 |
CAGR : 15.7 % |
11.1 |
|
|
|
|
5.9 |
|
|
2.6 |
|
|
FY08 FY09 FY10 FY11 FY12 |
FY12 |
FY17E |
FY22E |
Source : Department of Heavy Industry Annual report 2011-12 , Draft Indian Electrical Equipment Industry Mission Plan ( 2012-2022 ), SIA , TechSci Research Notes : * Data for FY12 is up to Feb 2012 , HVDC is High Voltage Direct Current , KVA -Kilo Volt Ampere
Spotlight on Indian Electronics 2016 | 159