EV Cables Market Size, Share, Trends, Growth and Forecast to 2028
The global EV Cables Market size is projected to grow from USD 8.6 billion in 2023 to USD 19.0 billion by 2028, at a CAGR of 17.2% during the forecast period.
This growth is being driven by the accelerating adoption of electric vehicles (EVs), expansion of charging infrastructure, rising voltages in EV powertrains, and increasing demand for high-performance insulated...
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...