(MENAFN- PR Newswire) DUBLIN, Oct. 20, 2023 /PRNewswire/ — The
“Insulated Wires and Cables – Global Strategic Business Report” report has been added to
ResearchAndMarkets’s offering.
The global market for insulated wires and cables is expected to experience significant growth, with an estimated value of US$170.2 billion in 2022 projected to reach approximately US$280.8 billion by 2030.
This growth is anticipated to occur at a compound annual growth rate (CAGR) of 6.5% during the forecast period of 2022-2030. Key insights from the report include:
Market Segmentation:
Metal: This segment is projected to grow at a CAGR of 6% and reach an estimated value of US$166.5 billion by the end of the analysis period.
Plastic: The plastic segment is expected to exhibit growth at a CAGR of 6.9% over the next eight years.
Regional Analysis:
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