Medium Voltage Cables Market to Rear Excessive Growth During 2016-2022
Medium Voltage Cables Market Report, published by Allied Market Research, forecasts that the global market is expected to garner $54.2 billion by 2022, registering a CAGR of 6.5% during the period 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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