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Share: SELBYVILLE, Del., Dec. 17, 2020 /PRNewswire/  The power and control cable market revenue is poised to reach over USD 170 billion by 2026, as reported in the latest study by Global Market Insights, Inc. Favorable reforms to promote large-scale renewable integration along with upgrading of the existing grid networks to sustain the rising electricity demand will comprehensively enhance the product demand. Power cables will witness significant growth on account of increasing investments toward the expansion of utility and commercial infrastructure across developing nations. Rising technological advancements coupled with rapid R&D investments by the cable manufacturer will institute a favorable business scenario. Moreover, government efforts to increase the power transmission and generation capacity will further enhance product penetration.

United statesArun hegdeTelecom data cablesFurukawa electric co ltdPrysmian groupGlobal market insights incConsumer electronicsSouthwire companyOil gasBelden incGlobal market insightsControl cable market statistics by productPower cableControl cablePower plantsIndustry analysis report