World Medium Voltage Cables Market Is Expected to Reach $54.2 Billion by 2022; Finds New Report
World Medium Voltage Cables Market the global medium voltage cables market is expected to garner revenue of $54.2 billion by 2022, growing at a CAGR of 6.5% during 2016 - 2022. Asia-Pacific was the largest market of medium voltage cables, accounting for around 36% of the market revenue in 2015. Increasing requirement of electricity due to rapid urbanization and industrialization is fueling the demand for medium voltage cables in the region.
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