Wire and Cable Market Projected to Reach $323.8 Billion By 2032 | Allied Market Research

The global wire and cable market was valued at $213.6 billion in 2022, and is projected to reach $323.8 billion by 2032, growing at a CAGR of 4.6% from 2023 to 2032.

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The wire and cable market involves the production and sale of conductive materials for electrical transmission. It encompasses various types, including power cables and communication wires, with demand driven by infrastructure development and technological advancements.