EV Cables Market Size, Share, Demand & Growth Forecast 2028
The Global EV Cables Industry is projected to grow at a CAGR of 17.2% from USD 8.6 billion in 2023 to USD 19.0 billion by 2028
The major factors driving the growth of the EV cable market are increasing fuel prices that have increased the demand for electric vehicles. Also, heavy R&D activities by EV cable manufacturers to develop EV cables for automobiles are expected to push the growth of...
EV Cables Market Size, Share, Trends, Growth and Forecast 2028
The Global EV Cables Market Size is projected to grow at a CAGR of 17.2% from USD 8.6 billion in 2023 to USD 19.0 billion by 2028
Rising fuel prices and the resulting desire for electric vehicles are the main drivers propelling the EV cable market’s expansion. Additionally, the market for EV cables is anticipated to rise as a result of the manufacturers’ intensive R&D efforts to...