Electric Wire And Cable Market In India 2023-2027
The electric wire and cable market in India is forecasted to grow by USD 2189.92 mn during 2022-2027, accelerating at a CAGR of 4.63% during the forecast period. The report on the electric wire and cable market in India provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growth in renewable power generation in India, expansion and revamping of transmission and distribution (T and D) infrastructure in India, and increase in investment in metro railways.
Technavio's electric wire and cable market in India is segmented as below:
- By End-user
- Railway
- Power
- Construction
- Telecom
- Others
- By Type
- Power cable
- Specialty cable
- By Geographical Landscape
- APAC
This study identifies the increase in sales of HVDC power cables as one of the prime reasons driving the electric wire and cable market in India growth during the next few years. Also, the rise of smart grid technologies and growing demand from data centers and IT facilities will lead to sizable demand in the market.
The report on the electric wire and cable market in India covers the following areas:
- Electric wire and cable market in India sizing
- Electric wire and cable market in India forecast
- Electric wire and cable market in India industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading electric wire and cable market in India vendors that include Apar Industries Ltd., Cable Corporation of India Ltd., Diamond Power Infrastructure Ltd., Finolex Cables Ltd., Gupta Power Infrastructure Ltd., Havells India Ltd., KEI Industries Ltd., Lapp Holding SE, LS Corp., Panasonic Holdings Corp., PLAZA CABLES, Polycab India Ltd., RR Kabel, Sark Cables Pvt. Ltd., Sterlite Power Transmission Ltd., Syska LED Lights Pvt. Ltd., Traco Cable Co. Ltd., Universal Cables Ltd., V Guard Industries Ltd., and Vindhya Telelinks Ltd.. Also, the electric wire and cable market in India analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.