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Europe High Voltage Glass Insulators Market was valued at USD 100.3 million in 2023 and is anticipated to grow a CAGR of 6% from 2024 to 2032. Growing emphasis toward reliability of grid operations and stability along with flourishing investments for refurbishments and development of high voltage electricity networks is augmenting the industry landscape.
For instance, in March 2024, TenneT, a transmission system operator based in Netherlands planned to double grid capacity investment over the next decade, with several infrastructure projects across the nation, and has a long-term contract with Sweco for engineering support. Moreover, favorable regulatory landscape coupled with ongoing expansion of renewable energy projects has led to integration of power networks, positively influencing the industry outlook.
Report Attribute | Details |
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Base Year: | 2023 |
Europe High Voltage Glass Insulators Market Size in 2023: | USD 100.3 Million |
Forecast Period: | 2024 to 2032 |
Forecast Period 2024 to 2032 CAGR: | 6% |
2032 Value Projection: | USD 170 Million |
Historical Data for: | 2021 to 2023 |
No. of Pages: | 90 |
Tables, Charts & Figures: | 11 |
Segments covered: | Application, End-Use, and Country |
Growth Drivers: |
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Pitfalls & Challenges: |
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