High Voltage Cables and Accessories Market worth $52.5 billion by 2028
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, according to a new report by MarketsandMarkets™.
High voltage cables and accessories are essential as they facilitate the efficient and reliable transfer of electricity from power plants to power utilities,...
High Voltage Cables & Accessories Market Industry Analysis, Size, Share, Growth, Key Trends and Forecast To 2022
The high voltage cables and accessories market is expected to grow at a CAGR of 6.02%, from 2017 to 2022, to reach a market size of USD 40.90 billion by 2022. The increased investments in areas, such as, offshore windfarms, high voltage direct current links, and grid interconnections are the major drivers of the high voltage cables and accessories market. The growing need for grid interconnections...