EV Cables Market worth USD 19.0 billion by 2028
The Global EV CABLES Market is projected to grow at a CAGR of 17.2% from USD 8.6 billion in 2023 to USD 19.0 billion by 2028
The major factors driving the growth of the EV cable market are increasing fuel prices that have increased the demand for electric vehicles. Also, heavy R&D activities by EV cable manufacturers to develop EV cables for automobiles are expected to push the growth of the...
EV Cables Market Growth, Trends, Industry Analysis and Forecast – 2026
Global Electric Vehicle Cables Market
is projected to grow at a CAGR of 26.9% from USD 3.9 billion in 2021 to USD
13.1 billion by 2026. The major factors driving the growth of the market are
fluctuating fuel prices that have increased the demand for electric vehicles and
increasing pressure on automakers to comply with the emission norms. In
addition, the consistent growth in the demand for electric...
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...