EV Cables Market Size, Share, Forecast, Report 2028
The global EV cables market is projected to grow at a CAGR of 17.2% during the forecast period, to reach USD 19.0 billion by 2028 from an estimated USD 8.6 billion in 2023. Factors such as rise in pollution and environmental hazards, stringent government regulations, and stiff competition have resulted in automotive OEMs to make fuel-efficient and environment-friendly vehicles which is driving the...
EV Cables Market Size, Share, Trends, Manufacturers 2026
The electric vehicle (EV) cables market is expected to grow significantly, with a projected CAGR of 26.9%, reaching USD 13.1 billion by 2026, up from USD 3.9 billion in 2021. The market growth is driven by various factors, including fluctuating fuel prices, which have increased the demand for electric vehicles as an alternative, and the increasing pressure on automakers to comply with emission regulations....
EV Cables Market is Booming: Explore Opportunities!
EV cables
perform different functions in electric vehicles as they aid in
signal transmission and powering up of different electronic and electrical
devices. They are also used to set up electrical circuits in electric vehicles
and are designed to operate in extreme conditions effectively.
The global EV Cable Market is expected to register significant growth during the forecast period. It is estimated...