India Cable Tray Market : Size, Share and Forecast to 2024Posted by Bharat Book on August 27th, 2018 Bharat Book Bureau Provides the Trending Market Research Report on “India Cable Tray Market” under Chemical & Materials category. The Cable Tray segment is projected to exhibit highest growth rate over report offers a collection of superior market research, market analysis, competitive intelligence and industry reports. Numerous ambitious initiatives have been put in effect by the Indian government to drive the development of several domestic sectors over the coming years. The Smart Cities Mission, Make in India Campaign, Saubhagya Scheme as well as the Housing for All 2022 are some of the plans in place that would help in the expansion of the power utilities, manufacturing and public infrastructure verticals in the country. The cable tray market, being an ancillary industry, would thus experience a healthy growth during the forecast period owing to strengthening of these auxiliary sectors. However, the demand for metal-based cable trays might be stunted by the ever-fluctuating prices of crude steel. India Cable Tray Market is projected to grow at a CAGR of 7.8% during 2018-24. The Union Budget for FY2019 put special emphasis on infrastructure development in the country, with railway and road transportation sectors receiving hefty budget allocations. The cable tray industry is an ancillary for the construction industry and thus is expected to benefit significantly from the development of the infrastructure vertical in India. The Indian cable tray market is dominated by metal based cable trays in revenue terms with ladder type cable trays holding majority of the revenue share by type. The construction and power utilities segments held the largest collective revenue share in the overall cable tray market in India, in 2017. Further, the construction segment is expected to continue dominating the market in terms of revenue owing to large number of upcoming infrastructure projects in the country. Request a free sample copy Cable Tray of Market Report @ https://www.bharatbook.com/MarketReports/Sample/Reports/1154250 The report comprehensively covers the India Cable Tray Market by materials, types, thickness, applications and regions. The report provides an unbiased and detailed analysis of the on-going trends, opportunities/high growth areas and market drivers which would help the stakeholders to device and align their market strategies according to the current and future market dynamics. Key Highlights of the Report:
Markets Covered The report provides a detailed analysis of the following market segments:
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