The demand for cable support system is generated at construction sites of different projects and EPC contractors prefer to buy cable trays and support systems as a complete solution.
Noida, UP -- (SBWIRE) -- 08/20/2014 -- Cable tray and its support systems are complementary to each other. When a new project is started, it creates demand for cable trays and its supporting accessories simultaneously. During our study, we have come to know that majority of EPC contractors prefer to buy cable trays and support systems as a complete solution and not as individual products. This practice makes the procurement process less complicated and more economical.
Apart from this, we have also observed that all the major manufacturers of cable support system incorporate both types of products in their product portfolio. This clearly indicates that in order to run the business successfully, the manufacturers should produce cable trays and all the necessary support items altogether.
The report “Indian Cable Tray and Supports Market Outlook 2018”, covers analysis of current and future market of cable tray and supports during 2013-2018 The cable tray and support market is segmented by components (cable tray and cable tray support systems), industry verticals (power, oil and gas, steel, infrastructure, others) and major players. The support system is further segmented into welded and bolted cable tray support systems. The market segmentation is done on the basis of major players present in the Indian market and demand of cable tray and support in various industries like Power, Oil and gas, Steel, Infrastructure.
The report also provides the detail of current and upcoming projects in India (Power, Oil & Gas, Steel and Infrastructure). The report analyzes current and upcoming the demand supply scenario, regulatory framework, plant setup up cost and distribution model. A thorough analysis has been conducted of industry players covering their business overview, product portfolio, infrastructure details, financial overview, business model, future strategies, key EPC contractors and end customers.
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