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European Fire-Resistant Cable Market is Anticipated to Increase at a Stable CAGR over the Forecast Period (2023 to 2029)

09-05-2023 08:29 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Research

European Fire-Resistant Cable Market is Anticipated

The European fire-resistant cable market is anticipated to grow at a CAGR of 5.1% during the forecast period . The growth of the market is mainly driven by the cohesive government regulations for fire protection and safety guidelines in the construction industry. Additionally, the presence of major market players in the region further contributes to the regional growth of the market. 

The study of the European fire-resistant cable covers the analysis of major economies of Europe including Germany, UK, Italy, France, and others. Germany is estimated to exhibit a considerable growth of 5.4% during the forecast period. The growth in the country is attributed to significant growth in the building & construction industry across the country. Population growth, demographic changes, and a favorable economic environment are driving high demand for residential buildings.

Further, the power grid of Germany ranks among the most reliable energy sources across the globe, despite an increasing share of fluctuating renewable energy sources. The government is focused on the expansion of the grid to maintain a high level of resilience. Such extensive plans to increase the size of the grid and power transmission system is expected to contribute to the fire-resistant cable market in the country.

To Request a Sample of our Report on European Fire-Resistant Cable Market:  https://www.omrglobal.com/request-sample/europe-fire-resistant-cable-market

Market Coverage

The market number available for - 2022-2030
Base year- 2022
Forecast period- 2023-2030
Segment Covered- 
By Insulation Material
By End-Use Industry
Competitive Landscape- Cleveland Cable Co. Ltd., NKT A/S, Tecnikabel S.p.A., Prysmian Group, Nexans, Leoni AG, and others

European Fire-Resistant Cable Market Segmentation

By Insulation Material

EPR (Ethylene propylene rubber)
LSZH (Low Smoke Zero Halogen)
XLPE (Cross-Linked Polyethylene)
PVC (Poly Vinyl Chloride)

By End-Use Industry

Automotive and Transportation
Energy
Manufacturing
Building and Construction
Others

A full Report of European Fire-Resistant Cable Market is Available at:  https://www.omrglobal.com/industry-reports/europe-fire-resistant-cable-market

European Fire-Resistant Cable Market Report- Countries Covered

UK
Germany
Italy
Spain
France

Rest of Europe

Company Profiles

Cleveland Cable Co. Ltd. 
Habia Cable AB 
HUBER+SUHNER AG
LEONI AG 
Nexans 
NKT A/S 
Prysmian Group 
Reka Cables Ltd
Sarawak Cable Berhad 
Tecnikabel S.p.A.
TELDOR Cables & Systems Ltd.
Tratos Group

Reasons to buy from us -

We cover more than 15 major industries, further segmented into more than 90 sectors.
More than 120 countries are for analysis.
Over 100+ paid data sources mined for investigation.
Our expert research analysts answer all your questions before and after purchasing your report.

For More Customized Data, Request for Report Customization @  https://www.omrglobal.com/report-customization/europe-fire-resistant-cable-market

Media Contact:

Company Name: Orion Market Research

Contact Person: Mr. Anurag Tiwari

Email: info@omrglobal.com

Contact no:  +91 7803040404

About Orion Market Research 
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

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