India Cable Accessories Market Share, Size, Growth, Opportunity and Forecast 2020-2025

*As the coronavirus disease (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

India Cable Accessories Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025

Market Overview:

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).

Key Market Segmentation:

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:

Low Voltage Cable Accessories
Medium Voltage Cable Accessories
High Voltage Cable Accessories

Breakup by Installation:

Overhead Cable Accessories
Underground Accessories

Breakup by End User:

Industrial
Renewables

Breakup by Region:

North India
West and Central India
South India
East India

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Key Questions Answered in This Report:

How has the India cable accessories market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the India cable accessories market?
What are the key regional markets?
What is the breakup of the market based on the voltage?
What is the breakup of the market based on the installation?
What is the breakup of the market based on the end user?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the India cable accessories market and who are the key players?
What is the degree of competition in the industry?