High Voltage Cables and Accessories Industry : Ready To Fly on high Growth Trends | Prysmian Group, Sumitomo Electric Industries Ltd. , Nexans , LS Cable & System Ltd., NKT A/S
New Revenue Pockets:
The global high voltage cables and accessories market is projected to reach USD 52.5 billion by 2028 from an estimated USD 40.0 billion in 2023, at a CAGR of 5.6% during the forecast period. High voltage cables and accessories are primarily used in power transmission and distribution systems. They enable the efficient transmission of electricity at high voltage levels from...
Cables and Accessories Market: Future Growth Opportunities By 2022
The global cables and accessories market is expected to grow at a CAGR of 5.40%, from 2017 to 2022, to reach a market size of USD 158.25 billion by 2022. The increasing demand for electric power worldwide, subsequent investments in installing renewable generation capacity, and rapidly growing industrialization are likely to drive the cables and accessories market during the forecast period.
The...