XLPE Cables Market is Expected to Grow at a CAGR of 11% from 2016 to 2022

Pune, India, October 7, 2016 /MRFR Press Release/- Market research future published a cooked research report on XLPE cables market. The global market for XLPE Cables is expected to grow at a CAGR of about 11% between 2016 and 2022.


Market Highlights

:
Increasing need of effective technology to reduce power outages and efficiency in electricity transmission & distribution is resulting in the growth of the XLPE cables market. Grid Interconnection, offshore wind farm connections, increase usage of XLPE cables by governments, producer and manufacturers in order to increase efficiency is boosting the demand in the XLPE cable market.


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


XLPE Cables Market:
Grid Interconnection, offshore wind farm connections, increase usage of XLPE cables by governments, producer and manufacturers in order to increase efficiency is boosting the demand in the XLPE cable market.


The major participants of this market are ABB Ltd (Switzerland), Brugg Kabel AG (Switzerland), General cable Corporation (U.S.), Nexans Group (France), Prysmian Group (Italy), Encore Wire Corporation (U.S.), NKT Cables (Germany), and Finolex Cables Ltd.(India).


Market Research Analysis:
Due to large Base of installed offshore wind farm connections and grid interconnections in the European Region, the XLPE cables are very prevalent in this region. Significant increase in renewable activities across the globe has also resulted in boosting the demand for the XLPE cables. XLPE cable market is expected to show significant growth in the forecast period.


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