Rubber flexible cables are highly durable, have high levels of water and abrasion resistance. The demand for rubber cables is driven by growing construction activities and urbanization in both developed and developing countries. Overhead cables often interfere with city infrastructure, and can potentially disrupt functioning. Reliability of underground cables has led to a significant rise in their adoption in urban areas.This growth is primarily driven by Increasing Urbanization and Construction Activities in both Developed and Developing Countries and Increasing Demand from the Telecommunication Industry and Automotive Industry.
Globally, a noticeable market trend is evident Continuous Research and Development in the Power Sector. Major Vendors, such as Eland Cables (United Kingdom), Top Cable (Spain), Bhuwal Cables Limited (India), DDA Ltd. (Czech Republic), Treotham Automation (Australia), Misterlight Electrical (United Arab Emirates), YESSS Electrical (United Kingdom), BATT Cables (United Kingdom), Nexans S.A (France), Guangdong Wasung Cable (China), Beacon Electrical (United Kingdom) and HELUKABEL (Germany) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
- Increasing Urbanization and Construction Activities in both Developed and Developing Countries
- Increasing Demand from the Telecommunication Industry and Automotive Industry
- Continuous Research and Development in the Power Sector
- Availability of Various Substitutes and Environmental Hazards
Reliability of Underground Cables Globally and Growing Demand for Eco-Friendly Rubber Flexible Cables
Volatility in Raw Material Prices
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