Report forecast the electric wire
and cable market in India to grow at a CAGR of 16.18% over the period
2015-2019.
A wire refers to a flexible metal
strand or rod that is used to bear mechanical load or conduct electricity. A
wire is commonly formed by drawing strands of metals such as copper or aluminum
through a die or draw plate. A cable comprises two or more wires which are
bonded, twisted, or braided together to form an assembly. The wires and cables
are encapsulated with non-conducting plastic materials, usually PVC or
polyethylene, to impart protection to users and the surrounding environment.
This report covers the present
scenario and the growth prospects of the electric wire and cable market in
India during the period 2015-2019. For ascertaining the market size and vendor
share, the report considers revenue generated from the sales of electric wire
and cable.
According to the report, upgrade
of T&D network systems is one of the key drivers of the market. The
government of India is making efforts to upgrade the electrical T&D network
in response to the rising demand for electricity. The modernization is also
driven by the need to ensure the security of national energy reserves, the high
maintenance costs of existing electrical systems, and the need to increase the
efficiency of power plants.
Further, the report states that
need to comply with various rules and regulations is one of the major
challenges in the market. Electrical wire and cable manufacturers are required
by law to comply with various safety rules and regulations for the installation
of wire and cable systems such as IS732 -l963, IS2309-1969 and I.S. 3043.
The Electric Wire and Cable
Market in India 2015-2019, has been prepared based
on an in-depth market analysis with inputs from industry experts. The report
covers the market landscape and its growth prospects in the coming years. The
report includes a discussion of the key vendors operating in this market.
key players in the electric wire
and cable market in India: Finolex Cables Ltd., Havells India Ltd., Polycab
Wires Pvt. Ltd. And Sterlite Technologies Ltd.
Other Prominent Vendors in the
market are: Cable Corporation of India, Cords Cable Industries, Diamond Power
Infrastructure, General Cable Energy India, Gupta Power Infrastructure, KEC
International, KEI Industries, LS Cable India, Paramount Communications, R R
Kabel, Shilpi Cable Technologies, Universal Cables and V-Guard Industries
Market Driver
- Upgrade of transmission and distribution network systems
- For a full, detailed list, view our report
Market Challenge
- Rising cost of raw materials
- For a full, detailed list, view our report
Market Trend
- Growing awareness about environmental concerns
- For a full, detailed list, view our report
Key Questions Answered in this
Report
- What will the market size be in 2019 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
Spanning over 57
pages and 25 Exhibits “Electric Wire and Cable Market in India
2015-2019” report covers Executive Summary, List of Abbreviations,
Scope of the Report, Market Research Methodology, Introduction, Market Landscape,
T&D Equipment Industry in India, Market Segmentation by Sector, Buying
Criteria, Market Growth Drivers, Drivers and their Impact, Market Challenges,
Impact of Drivers and Challenges, Market Trends, Trends and their Impact,
Vendor Landscape, Key Vendor Analysis.
For
further information on this report, please visit-
http://mrr.cm/4sv
Find all Wire and
Cable
Reports at: http://www.marketresearchreports.com/wire-cable
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