XLPE Cables Market Trends And Growth Factors Analysis Upto 2030
XLPE Cables Market Synopsis: XLPE Cables Market is expected to be valued at USD 49.1 Billion, with a CAGR of 7% Forecast by 2030. As per the research by Market Research Future Reports (MRFR), the global XLPE cables market 2030 is majorly driven by the rising share of renewable energy in the power generation mix. Due to the rising population, global electricity demand is likely to rise exponentially. Besides, rapid urbanization increased access to electricity, and the increasing infrastructure activities have also aided in the expansion of the market. Moreover, the growing concern towards protecting the environment has led to the rising awareness of renewable resources, which directly augments the market. In addition, several nations across the globe, such as India, the US, Germany, the UAE, and Saudi Arabia, have set aims to grow the generation capacity of renewable energy generation sources to add to the share of renewable energy in the power generation mix. Request Sample...