Industry Reports --> ICT --> Automation & Process Control
According
to TechSci Research report, “India Medium Voltage Cable Market By Type, By Voltage, By
Product Installation, By End User, Competition, Forecast & Opportunities,
2024”, India medium
voltage cable market is anticipated to witness significant growth in the coming
years on account of growing demand for electricity in rural areas and
increasing investments in transmission and distribution network. Medium voltage
cables design ranges from 2000 V to 1000 kV. These cables are used for the power
transmission and for connecting equipment that require large amount of power
such as pipelines, refineries, among others. Over the past few years, medium
voltage cables witnessed extensive adoption as these cables have high operational
efficiency. During natural disasters, it is the preferred type for
electrification due to ease of installation and minimal power loss.
Browse market data Figures and Tables
spread through 70 Pages and an in-depth TOC on "India Medium voltage cable
Market"
Market of medium voltage cable can be segregated based on type, voltage,
product installation and end user. Based on product installation, market can be
bifurcated into overhead and underground. Overhead installation is anticipated
to account for the majority share as overhead cables are easy to install and
incur less cost when compared with underground cables, which require shielding and
thereby result in increasing the overall installation cost.
Major medium voltage cable companies
operating in India include Sterlite Power Transmission Ltd., Universal Cables
Ltd, KEI Industries Ltd, Polycab Wires Pvt. Ltd., Gupta Power Infrastructure
Ltd., Diamond Power Infrastructure Ltd., and Finolex Cables Ltd., among others.
The companies operating in the market are using strategies such as product developments
and mergers & collaborations, to increase their share in the market. For
instance, Finolex Cables Ltd. doubled its production capacity at Urse plant and
implemented a new technology to offer zero discharge cable.
Customers can also request for 10% free
customization on this report.
“Medium voltage cable market in India is expected to grow on account of various
advantages of medium voltage cables such as proper load distribution among
circuits, improved stability of system and low cost. Furthermore, government
plans for safe electrical infrastructure and grid expansion are expected to positively
influence the adoption of medium voltage cable until 2024.” said Mr. Karan
Chechi, Research Director with TechSci Research, a research based global
management consulting firm.
“India Medium Voltage
Cable Market By Type, By Voltage, By Product Installation, By End User, Competition,
Forecast & Opportunities, 2024” has analyzed the potential of medium voltage cable market
across the country, and provides statistics and information on market sizes,
shares and trends. The report will suffice in providing the intending clients
with cutting-edge market intelligence and help them in taking sound investment
decisions. Besides, the report also identifies and analyzes emerging trends
along with essential drivers and key challenges faced by India medium voltage
cable market.
Browse Related Reports
India
Optical Fiber Cables Market By Type (Single-Mode Vs. Multi-Mode), By Material
(Glass Vs. Plastic), By End User (IT & Telecom, Government, MSO (Triple
Play), Healthcare, Defense & Others), Competition Forecast &
Opportunities, 2014 – 2024
India Insulated Wire and Cable Market By Type (XLPE, HDPE, HMWPE
& PVC), By Rating (Low Voltage, Medium Voltage, High Voltage & Ultra
High Voltage), By Product Installation (Overhead & Underground),
Competition Forecast & Opportunities, 2013 – 2023
Contact
Mr. Ken Mathews
708 Third Avenue,
Manhattan, NY,
New York – 10017
Tel: +1-646-360-1656
Email: sales@techsciresearch.com
No comments:
Post a Comment