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Premium Report Details
Base Year: 2023
Companies covered: 16
Tables & Figures: 15
Countries covered: 6
Pages: 75
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Europe Electric Insulators Market
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Europe Electric Insulators Market Size
Europe Electric Insulators Market was valued at USD 956.8 million in 2023 and is anticipated to witness more than 4.8% CAGR between 2024 and 2032. Rising electricity demand, increasing safety measures and increased investments in electric infrastructure development will drive the industry growth.
Supportive government policies promoting electrical network development and boosting renewable power generation will further complement the industry landscape. For instance, in November 2023, the European Commission unveiled an action plan aimed at boosting the efficiency, deployment, and improving electricity grids. This initiative builds upon current supportive legislation, tackling challenges of digitizing and optimizing the EU's electricity T&D networks.