Market Overview:
Low-voltage cable (also called structured wiring) is electrical wiring and trim that requires less current to power infrastructural technologies such as phones, security wires, fire alarms, intercoms, internet, etc. Low voltage wiring is a need for a business because they handle the most of its technology infrastructure.
Influencing Trend:
Adoption of Renewable Resources for Power Generation
Market Growth Drivers:
Rising Demand for Energy in Different Applications and Introduction and Adoption of the Newly Developed Efficient Current Carriers
Challenges:
High Cost for Hiring A Master Electrician to Employ the Low Voltage Cables
The key Vendors profiled in the report are Prysmian Group (Italy), ABB (Switzerland), Nexans (France), General Cable (United States), NKT Cables (Denmark), Encore Wire Corporation (United States), Finolex Cables (India), Bahra Cables Company (Saudi Arabia), BRUGG Cables (Switzerland) and Riyadh Cables Group Company (Saudi Arabia). Additionally, other players that are of this comprehensive study are Polycab India (India) and KEI Industries (India).