Global Insulated Wire and Cable Market Forecasts Steady 5.1% CAGR Growth by 2030
Global Insulated Wire and Cable Market Set to Reach USD 297.95 Billion by 2030 Surging Demand from Construction and Automotive Industries Accelerates Market Growth Summary: The global insulated wire and cable market is expected to grow significantly, from USD 210.34 billion in 2023 to USD 297.95 billion by 2030, at a projected CAGR of 5.1%. This growth is fueled by rapid infrastructure development, rising energy demand, and technological advancements in material durability and performance. Ask for Sample to Know US Tariff Impacts on Global Insulated Wire and Cable Market @ https://www.maximizemarketresearch.com/request-sample/113305/ Market Size: The insulated wire and cable market reached USD 210.34 billion in 2023. With increasing demand across industries such as construction, telecommunications, and automotive, the market is forecasted to hit USD 297.95 billion by 2030, expanding at a 5.1% CAGR. This rise is largely attributed to ongoing electrif...