According to a market report by Lucintel, the future of the global MgO insulated cable market looks promising with opportunities in the building and industrial markets. The global MgO insulated cable market is expected to grow with a CAGR of 5.3% from 2025 to 2031. The major drivers for this market are rising demand for high-temperature resistant cables and the increasing focus on safety & fire resistance.
A more
than 150-page report to understand trends, opportunity and forecast in global MgO
insulated cable market to 2031 by type (power cables and heating cables),
application (buildings, industrial, and others), and region (North America,
Europe, Asia Pacific, and the Rest of the World).
Lucintel
forecasts that, within the type category, power cable is expected to witness
higher growth over the forecast period.
Within the
application category, industrial is expected to witness higher growth.
Download
sample by clicking on MgO insulated
cable market.
In terms
of region, APAC is expected to witness the highest growth over the forecast
period.
nVent,
Okazaki Manufacturing, Jiusheng Electric, KME, Yuancheng Cable, ISOMIL,
Baosheng Group, MICC Group, Emerson, Uncomtech are the major suppliers in the MgO insulated cable market.
This unique research
report will enable you to make confident business decisions in this globally
competitive marketplace. For a detailed table of contents, contact Lucintel at
+1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost
visit Lucintel's Analytics
Dashboard.
About Lucintel
At Lucintel, we offer solutions for
you growth through game changer ideas and robust market &
unmet needs analysis. We are based in
Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20
years. We are quoted in several publications like the Wall Street Journal,
ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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