New York, Jan. 16, 2024 (GLOBE NEWSWIRE) — Cables and connectors play a pivotal role in various industries, facilitating data and signal transmission. Their widespread adoption is evident in applications ranging from computer connectivity to telecommunications and automotive systems. The utilization of cables and connectors enhances data transfer capabilities, providing robust connectivity solutions. Their increasing integration in automotive, energy, telecommunications, and aerospace sectors is driving global market growth. Overall sales of Cables and Connectors market generated revenues worth US$ 106.5 billion in 2022. Over the next ten years, the global cable and connector demand is set to rise at 7.0 CAGR. This will take the global cables and connector market size to US$ 210 billion by the end of 2032.
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