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Outlook on the High Voltage Cable (HVC) Global Market to 2028 - Rising Investments in Smart Grid Technology Present Opportunities

Share this article Share this article ResearchAndMarkets.com s offering. The publisher insinuates that the global market for high voltage cable (HVC) is likely to experience a growth at a CAGR of 5.42% over the forecast period 2021-2028. The high voltage cable market is primarily motivated by factors such as rising demand for power generation, paired with the growth in infrastructural activities. Further, the surging investments in smart grid technology are another factor generating several opportunities for the studied market to leverage and reach its expected growth. Although, the costs of pricing of conducting materials, such as copper and aluminum, are vital in determining the total cost of the high voltage cables. Hence, the fluctuating prices of these metals are majorly restricting the growth of the high voltage cable market s future growth.

LAN Cable Market - Global Demand, Sales,COVID-19 Impact Analysis, Consumption and Forecasts to 2025

LAN Cable Market - Global Demand, Sales,COVID-19 Impact Analysis, Consumption and Forecasts to 2025
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