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Medium Voltage Cable Market Industry Analysis by Key Vendor, Segmentation, Growth Factors and Forecast to 2028



The global medium voltage cables market size was USD 31.47 billion in 2020. The global impact of COVID-19 has been unprecedented and staggering, with medium voltage cables witnessing a negative demand shock across all regions amid the pandemic. Based on in depth analysis, the global market exhibited a decline of -9.6% in 2020. The market is projected to grow from USD 33.61 billion in 2021 to USD 55.31 billion in 2028 at a CAGR of 7.4% in the 2021-2028 period. The sudden rise in CAGR is attributable to this market’s demand and growth returning to pre-pandemic levels once the pandemic is over.

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Scope of the Report:

This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.

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