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The cables and accessories market size is forecast to increase by USD 42.2 billion at a CAGR of 5.08% between 2023 and 2028. The market is experiencing significant growth due to the increasing electricity demand and the ongoing power projects. One of the key trends in this market is the adoption of smart grid technology, which is revolutionizing the power distribution system by improving efficiency and reducing energy losses. Another trend is the replacement of traditional overhead distribution lines with underground cables to enhance the reliability and safety of the power supply. However, the market is also facing challenges such as volatility in raw material costs, particularly copper and aluminum, which can impact the profitability of cable manufacturers. The unorganized sector in the market poses another challenge, as it offers low-cost alternatives but may compromise on quality and safety standards.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Type
7 Market Segmentation by End-user
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
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