XLPE Cable Market Expected to Grow at a Fast Pace of 11% CAGR during 2016 to 2022

“XLPE Cables Market”
XLPE Cables Market Information Report by Installation (Overhead, Underground & Submarine), by Voltage (High, Medium, Low), by Users (Power, Oil & Gas, Chemical, Manufacturing, Metals & Mining, Infrastructure & Transportation) and by Region – Global Forecast to 2022

Market Highlights:

The market for XLPE cables, which are primarily used for power transmission & distribution, is projected to grow at a very fast rate between 2016 and 2022. The market is expected to be driven by expanding transmission & distribution sector in the Asia-Pacific region. Furthermore, increasing global focus on renewable power generation, transmission, as well as its integration into existing power infrastructure is would boost the demand for XLPE cables.  The Global XLPE Cables Market is projected to grow at a very high rate of around 11% CAGR from 2016 to 2022.

Asia-Pacific market contributes a major share to the XLPE cables market, and is expected to remain a major contributor during the forecast period. North American and European region are projected to grow at a steady rate, primarily driven by grid infrastructure upgradation activities.

Receive a Sample Report upon Request @ https://www.marketresearchfuture.com/sample_request/1750

Market Key Players:

The key players identified for this market are:

  • Brugg Kabel AG (Switzerland)
  • ABB Ltd. (Switzerland)
  • Prysmian Group (Italy)
  • General Cable Corporation (U.S.)
  • Nexans (France)
  • Encore Wire Corporation (U.S.)
  • NKT Cables (Germany)
  • Finolex Cables Ltd. (India)

Scope of the Report:

This study provides an overview of the global XLPE cables market, tracking market segments across the six regions. The report provides a six-year forecast for the market size in terms of value for North America, Europe, Asia-Pacific, Middle East, Africa, and South America. The scope of the study segments the global XLPE cables market based on voltage, installation, and users. Voltage segmentation includes categorization of the market into low voltage cables, medium voltage cables, and high voltage cables. Segmentation on the basis of installation includes categories overhead, underground, and submarine cables. The market has also been segmented based on the types of users into power, oil & gas, chemical, manufacturing, metals & mining, infrastructure & transportation, and others.

Access Report Details @ https://www.marketresearchfuture.com/reports/xlpe-cables-market-1750

Regional Analysis of XLPE Cable:

Due to a large base of installed offshore wind farm connections and grid interconnections in the European Region, the XLPE cables are very prevalent in the in this region. Significant increase in renewable activities across the globe has also resulted in boosting the demand for the XLPE cables, XLPE market is expected to show significant growth in the forecast period.  Asia-Pacific region also is a major contributor to the XLPE cables market. Rapid expansions in the transmission & distribution networks as well as growing renewable sector in this region is expected to propel the demand for XLPE cables.

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

Media Contact
Company Name: Market Research Future
Contact Person: Akash Anand
Email: akash.anand@marketresearchfuture.com
Phone: +1 646 845 9312
Address:Market Research Future Office No. 528, Amanora Chambers Magarpatta Road, Hadapsar, Pune –
City: Pune
State: Maharashtra
Country: India
Website: https://www.marketresearchfuture.com/reports/xlpe-cables-market-1750