Maximizing Profits in the Medium Voltage Cable Market
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The medium voltage cable market size is projected to reach US$ 81.37 billion by 2031 from US$ 46.12 billion in 2023. The market is expected to register a CAGR of 7.4 % in 2023–2031. Renewable energy integration is likely to remain a key medium voltage cable market trend. The market for medium voltage cables and accessories is anticipated to be driven by the growing need for power globally. Growing populations and industrialization in developing economies are driving up demand for power.
Source: - The Insight Partner
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Research Analyst expert at The Insight Partners