Xlpe Cable Market By Installation (Overhead, Underground and Submarine Cable), By Voltage (High, Medium and Low), By End User (Power, Oil & Gas, Manufacturing, Chemicals, Metals and Mining, Infrastructure & Transportation and Others) and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2030

XLPE cross linked polyethylene cable is an insulated aluminum conductor armored cable in terms of electrical properties and very convenient to hold short circuit current capacity. Xlpe have better insulation value, lighter in weight and better current capacity with lesser bending radius. Xlpe cables are preferred depending on the application and area. They are of basic requirement for power networks that are used in transmission and distribution of electricity to the point of consumption. Xlpe power cable is designed to offer high level of operational reliability and has lesser chance of mechanical damage and can be used for underground application with armoring and MDPE outer sheathing. The Xlpe cables market accounted for US$ 1.70 billion in 2020 and is estimated to be US$ 3.09 billion by 2030 and is anticipated to register a CAGR of 6.2%.

Increasing Capital Spending Toward Renewable Sectors

Increasing usage of Xlpe cables for long routes due to light weight and better insulation value and current capacity drives the growth of global Xlpe cable market. Further, increasing capital spending toward renewable sectors and better construction to improve efficiency fosters the growth of global Xlpe cable market. Moreover, increasing investments in offshore wind, grid interconnections, and increase in power generation are some of the factors that attribute the growth of global Xlpe cable market. In addition, better resistivity of Xlpe cables towards water, chemicals and oils also enhances the growth of global Xlpe market. However, complex authorization procedures leading to delay, volatile prices of raw materials and lack of consumer awareness are the major factors that hamper the growth of global Xlpe market.

Global Xlpe cable market has been segmented on the basis of installation, voltage, end user and region.

 On the basis of installation, the global Xlpe cable market is segmented into overhead, underground and submarine cable. On the basis of voltage, the global Xlpe cable market is segmented into high, medium and low. On the basis of end user, the global Xlpe cable market is segmented into power, oil & gas, manufacturing, chemicals, metals and mining, infrastructure & transportation and others.

Regional Insights:

The global Xlpe cables  market accounted for US$ 1.70 billion in 2020 and is estimated to be US$ 3.90 billion by 2030 and is anticipated to register a CAGR of 6.2%. On the basis of region, the global Xlpe cable market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia Pacific is expected to hold maximum shares in the growth of global Xlpe market owing to factors such as high urbanization rate, technological advancement, and increasing investments in renewable sector. India and China are expected to hold significant shares in the growth of global Xlpe cable market over a forecast period. This can be attributed to the increase in power demand and implementation of smart grid technology in the region. Europe is also estimated to hold significant share in the growth of global Xlpe cable market in the coming future

Report Scope:

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2020 to 2030. For the purpose of this study, has segmented the global Xlpe cables market report based on installation, voltage, end user and region.

Global Xlpe cables Market, By Region:

• North America
  • Middle East & Africa
    • GCC
    • Israel
    • South Africa
    • Rest of Middle East & Africa
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Rest of Asia Pacific
  • Europe
    • Germany
    • UK
    • France
    • Russia
    • Italy
    • Rest of Europe
  • U.S.
    • Canada

The Key players operating in the global Xlpe cable market includes, Sumitomo Electric Industries, Ltd., General Cable Corporation, Encore Wire Corporation, Relemac Technologies Pvt. Ltd, Laser Power & Infra Pvt. Ltd, Universal Cables Ltd., KEI Industries Limited, The Prysmian Group, Eland Cables and Brugg Kabel AG .

• Sumitomo Electric Industries, Ltd.
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies

• General Cable Corporation
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• Encore Wire Corporation
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• Relemac Technologies Pvt. Ltd
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• Laser Power & Infra Pvt. Ltd
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• Universal Cables Ltd.,
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• KEI Industries Limited
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• The Prysmian Group
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• Eland Cables
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• Brugg Kabel AG
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies