| |February 20205With the increasing demand of electricity and the associated infrastructure, wires and cables market has undergone a rapid growth. As one of the major segments of power sector, the market is expected to continue extending its growth streak owing to the proliferation in power generation infrastructure. Multiple market research reports forecast the global wires and cables market size to expand at a CAGR of more than 4 percent. Major factors driving the market growth are the increase in urbanization and growth of building infrastructure, causing a surge in the demand for power across residential infrastructures as well as industrial establishments. At the same time, the increasing investments in smart grids and the emphasis laid on upgrade of power transmission and distribution systems are also going to contribute to the market growth. With the adoption of smart grid technology, the industry is witnessing an increasing need for grid interconnections, which in turn is attracting more and more investments in submarine and underground cables. If we look at the demand for low voltage cables region wise, Asia Pacific, Middle East, and South America show increasing energy needs and are hence witnessing increasing investments in smart grids. Several other factors expected to positively impact the demand for low voltage cables are the power generation from renewable energy sources, and rising demand from automotive and non-automotive industries. With Indian economy being one of the dominating ones in the Indian sub-continent region, the production and consumption of cable in the country forms more than 90 per cent of that of the region. To bring this special issue to fruition, we have studied this industry segment in-depth and have come up with the list of 10 Most Promising Electric Cable Manufacturers in India who have excelled in this field with their innovative approach. Having proven their dedication to quality and end-to-end addressal of customer requirements, these companies stand out from the crowd. We look forward to receiving your feedback. Sudhakar SinghEditorsudhakar.singh@theindustryoutlook.comWires and Cables Sector Expanding Vol 1 · Issue 5 · February 17, 2020Publisher Alok ChaturvediManaging Editor Nadini MukherjeeEditor Sudhakar Singh Editorial Team Janifha Evangeline Samrat Pradhan Hridkamal Roy Teja Boncheruvu Art & Graphics Ashok Kumar Vetrivel S GM Sales & MarketingVirupakshi Pattarsales@theindustryoutlook.com Editorial Querieseditor@theindustryoutlook.comCirculation Manager Magendran PerumalCover price is Rs. 150 per issue.Printed and Published By Alok Chaturvedi on behalf of Siliconmedia Technologies Pvt Ltd and Printed at Precision Fototype Services at Sri Sabari Shopping Complex, 24 Residency Road Bangalore-560025 and Published At No. 124, 2nd Floor, Surya Chambers, Old Airport Road, Mu-rugeshpalya, Bangalore-560017.Editor Alok ChaturvediCopyright © 2020 SiliconMedia Technolo-gies Pvt Ltd, All rights reserved. Repro-duction in whole or part of any text, pho-tography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher.
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