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The India cable accessories market is currently witnessing moderate growth. Cable accessories refer to integral components of the power cable systems used in the transmission and distribution (T&D) of electricity from the point of generation to consumption across various network cables. A wide variety of accessories, such as power cable joint, terminations, connectors, cable lugs, heat shrinkable breakouts, and end caps, are widely used to install cables and wires. They connect cables and insulate the conductor from direct contact to earth. Cable accessories also protect the cables from degradation and erosion due to environmental stress. In India, with the development of smart cities and public infrastructure, the demand for these accessories has escalated significantly.
India cable accessories market is primarily driven by rapid urbanization and a considerable increase in power consumption. Cable accessories are used in various industries, such as railways and construction. Furthermore, several initiatives undertaken by the government to improve the existing telecommunication infrastructure are creating a positive impact on the market. With the growing environmental concerns, the government has also started focusing on offshore renewable energy, which primarily includes energy produced with wave, wind and tide movement. This has resulted in a significant rise in the demand for power cables and related cable accessories, which, in turn, is creating a positive outlook for the market. Moreover, advancements in technology and materials used in the manufacturing of cable accessories are anticipated to fuel the growth of the market in the near future. Looking forward, IMARC Group expects the market to continue its moderate growth during the forecast period (2020-2025).
IMARC Group provides an analysis of the key trends in each sub-segment of the India cable accessories market report, along with forecasts for growth at the region level from 2020-2025. Our report has categorized the market based on region, voltage, installation and end user.
Breakup by Voltage:
Breakup by Installation:
Breakup by End User:
Breakup by Region:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
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