(MENAFN- EIN Presswire)
Low Voltage Cable Market projected to hit $278.7 billion by 2032
Low Voltage Cable Market for the renewable energy segment was the highest revenue contributor to the market, growing with a CAGR of 5.9%.” – Allied Market Research
WILMINGTON, DELAWARE, UNITED STATES, February 19, 2024 /EINPresswire / —
According to a new report published by Allied Market Research, The low voltage cable market size was valued at $158.9 billion in 2022, and is estimated to reach $278.7 billion by 2032, growing at a CAGR of 5.9% from 2023 to 2032.
Low voltage cable are electrical cables designed to transmit power or signals at relatively low voltages, typically ranging from a few volts to a few hundred volts. They are commonly used in various applications such as residential wiring, telecommunications, data transmission, and automotive…
