Low Voltage Cable Market Size, Share, Manufacturers, Demand, Growth and Forecast 2023-2028
IMARC Group has recently released a new research study titled “ Low Voltage Cable Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028 ”, offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends and competitive landscape to understand the current and future market scenarios. How much is the low voltage cable market worth? The global low voltage cable market size reached US$ 109.3 Billion in 2022 . Looking forward, IMARC Group expects the market to reach US$ 159.4 Billion by 2028, exhibiting a growth rate (CAGR) of 6.2% during 2023-2028. What is low voltage cable? Low voltage cables are electrical conductors specifically designed to transmit electricity at voltage levels below 1000V. These cables are typically used in applications requiring less electrical power, such as residential and commercial wiring, local area network connections, and auxiliary electrical systems. One of the main characteristics of low voltage