Global Low-voltage Cable Market Report 2023: Sector is Expected to Reach $181.9 Billion by 2028 at a CAGR of 6.77% - ResearchAndMarkets.com
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Wednesday, July 5, 2023
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The global low voltage cable market is anticipated to across USD 181.90 Billion market size by 2028, increasing from USD 123.10 Billion in 2022.
Key Points:
- The global low voltage cable market is anticipated to across USD 181.90 Billion market size by 2028, increasing from USD 123.10 Billion in 2022.
- Also, setting up rooftop solar panels to satisfy the electricity demand of a single house requires the setting of new low voltage lines.
- Technological advancements are another key factor contributing to the significance of the Asia Pacific region in the low voltage market.
- These developments aim to enhance energy management, grid stability, and promote sustainable practices in the low voltage market.