India Wires and Cables Market Outlook to 2019 - Driven by Government Initiatives and Innovations in the Industry

May 31, 2015 09:36 PM IST | By NewsVoir
 India Wires and Cables Market Outlook to 2019 - Driven by Government Initiatives and Innovations in the Industry
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  • Future Growth of India wires and cables market is expected to be led by investment in infrastructure, electricity consumption, increased demand for broad band and high speed connectivity and others.

  • The market leader, Polycab Wires Ltd is expected to maintain focus on delivering innovative products to customers at affordable prices to compete with other players in the industry

Ken Research announced its latest publication on "India Wires and Cables Market Outlook to 2019 - Driven by Government Initiatives and Innovations in the Industry" which provides a comprehensive analysis of the wires and cables market in India. The report covers various aspects such as market size of India wires and cables market, segmentation on the basis of application, types of cables, end users and volume of exports and imports for wires and cables. The report is useful for wires and cables manufacturers, retail chains, electrical equipments raw material manufacturers and new players venturing in the market.

The wires and cables in the India has witnessed a growth in recent years on account of rising demand wires and cables fueled by expansion in infrastructure development, electricity consumption and others. The surge in revenue is majorly originated from growth in power cables as a segment of wires and cables market. The upsurge in this segment has been largely led by the domestic factors such government expenditure on infrastructure, increase in level of investment, rising level of disposable income, technological advancement. The wires and cables market in India is comprised of few major organized sector players such as Polycab wires ltd which posses a large product portfolio of wires and cables products. The India wires and cables market revenues have grown at a CAGR of 16.4% from 2009-2014.

According to the research report, the India wires and cables market will grow at a considerable CAGR rate and will reach over INR 590 million by 2019 due to the increasing number of manufacturers and rising investment in different sectors.

"While rising disposable incomes, boom in population and increasing investment (both private and government) in infrastructure will result in increased spending on wires and cables in the India, volatility in income levels and price of wires and cables products are few of the major challenges which will affect the growth of this industry in the future", according to the Research Analyst, Ken Research.

Key Topics Covered in the Report:

Wires and Cables Market

- Market Size by Production, Revenue

- Market Segmentation by

-- Organized and Unorganized

-- Power Cable and Control Cable

-- Residential Usage and Industrial Usage

-- Electrical and Telecommunication Cables

- Trends and Development

- SWOT

- Export and Import

- Competition and Market Share

- Growth Drivers

- Future Outlook

- Macro Economic Parameters


Key Products Mentioned in the Report

- Power Cables

-Control Cables

-Telecom Cables

- Optical Fibre Cables

- Electrical Cables and Wires

Companies Covered in the Report

- Polycab Wires Ltd

- Havells India Ltd

- Finolex Cables Ltd

- Sterlite Technologies Ltd

- KEI Industries

Keywords

- India Wires and Cables Market

- India Power Cables Market Demand

- India Control Cable Market Revenue

- India PV Insulated Cables Exports

- Market Share Companies Cables India

- Future Electric Cables Market India

- Telecommunications Cables India Industry Size

- India Wires and Cables Market Competition

- Optical Fiber Cables Market

- India Coaxial Cables Imports Exports

- Entry Barriers India Wires and Cables Market

- Organized Market Cables India

- Government Regulations Support India Cables

Related Reports:

India Power Transformer Market Outlook to 2019- Export Demand and Favorable Government Policies to Propel Market

India Pumps Market Outlook to 2019 - Driven by Government Investments and Technological Advancements

India Switchgear Market Outlook to 2018 - Sustained Demand for Low Voltage Switchgears in Residential and Commercial Sector


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