New York, Nov. 09, 2023 (GLOBE NEWSWIRE) — The global low voltage cable market size is projected to grow at a CAGR of over ~7% from 2023 to 2035. The market is expected to garner a revenue of USD 23 billion by the end of 2035, up from a revenue of ~USD 9 billion in the year 2022.The growing urbanization will boost the demand for urbanized buildings and the development of new infrastructures, and others. As urban populations grow, so will the demand for new construction projects such as housing, commercial buildings, and infrastructure.
(GlobeNewsWire)