|By Business Wire||
|April 29, 2014 07:28 AM EDT||
Research and Markets (http://www.researchandmarkets.com/research/cwrzv7/electrical) has announced the addition of the "India Electrical Conductors Market in 2014-2018" report to their offering.
The Electrical Conductors market in India to grow at a CAGR of 13% to 2018.
The Electrical Conductors market in India is driven by several factors, including the increasing demand for electrical conductors due to replacement activities and the country's rapid urbanization. Several end-users are replacing their old equipment such as T&D transformers, switchgears, circuit-breakers, and power cables with technically advanced T&D equipment to revamp their existing transmission networks, thus increasing the demand for electrical conductors.
The growing popularity of green products is a major trend in the Electrical Conductors market in India. Several companies in the market are increasingly focusing on developing wires and cables that have a less detrimental impact on the environment. The chemicals used in these wires have enhanced fire-retarding capability and do not produce hazardous fumes in case of a fire. The vendors are also trying not to compromise other parameters such as flexibility, efficiency, and ease of usage while producing power cables that are eco-friendly. Some of the eco-friendly functions that major vendors maintain in power cables are flame and fire retardancy, low emission of poisonous fumes, non-corrosiveness, and halogen-free insulation.
Further, the report states that one of the major challenges is increasing competition among the major vendors in the market. Many vendors are reducing their product prices to capture the market of cost-driven companies and SMEs, thus increasing the competition among vendors.
Key vendors dominating this are include:
- Finolex Cables Ltd.
- Havells India Ltd.
- Kalpataru Power Transmission Ltd
- KEC International Ltd
- Polycab Group
- Sterlite Technologies Ltd.
Key Topics Covered:
- Executive Summary
- List of Abbreviations
- Scope of the Report
- Market Research Methodology
- Market Landscape
- Market Segmentation by Product
- Buying Criteria
- Market Growth Drivers
- Drivers and their Impact
- Market Challenges
- Impact of Drivers and Challenges
- Market Trends
- Trends and their Impact
- Vendor Landscape
- Key Vendor Analysis
For more information visit http://www.researchandmarkets.com/research/cwrzv7/electrical
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