According to the latest report by IMARC Group, titled, “India Cable Accessories Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026“, the India cable accessories market is expected to grow at a CAGR of 7.6% during 2021-2026.
Cable accessories refer to key components that are used to connect cables and insulate conductors in direct contact with the earth. The wide variety of cable accessories include porcelain terminations, heat shrinks, cable joints, connector systems, etc. These accessories extend the working life of power equipment in overhead and underground installations. Cable accessories also protect cables from erosion caused by ultraviolet (UV) rays, environmental stress, or other natural phenomena.
The increasing levels of urbanization, rising internet penetration, and expanding population are driving the India cable accessories market. Furthermore, the growing use of cable accessories in the construction and railways sectors is contributing to the market growth. Moreover, the extensive adoption of cable accessories in the installation of transmission and distribution (T&D) networks for internet systems, telephone, and electricity is bolstering the product demand. Besides this, the rising number of private players in the power T&D market has resulted in large-scale investments, which are further expected to propel the growth of the India cable accessories market in the coming years.
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Breakup by Voltage:
Low Voltage Cable Accessories
Medium Voltage Cable Accessories
High Voltage Cable Accessories
Breakup by Installation:
Overhead Cable Accessories
Breakup by End User:
Breakup by Region:
West and Central India
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