Sector Focus: Metalclad Cable Market Trends

Global Metalclad cable Market was valued at US $ 3.7 Billion in 2022 and is expected to reach US $ 5.1 Billion by 2030 growing at a CAGR of 4.2% during the forecast period 2023 – 2030
The energy sector is also contributing to the increased adoption of Metalclad cables. With a rising focus on renewable energy sources and the expansion of power generation facilities, there is a growing demand for cables that can withstand the rigors of power transmission and distribution. Metalclad cables, with their robust construction and superior insulation, play a crucial role in ensuring the efficient and reliable transmission of electricity across grids.