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Showing posts from March, 2025

Latest Trends in Wires and Cables Industry: What You Need to Know

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Wires and cables are the backbone of modern infrastructure, powering homes, industries, and digital connectivity. As the demand for high-performance electrical solutions rises, the global wires and cables market is experiencing significant growth. In 2024, the market is valued at approximately $232.47 billion and is projected to expand at a CAGR of 6.51% until 2032. In India, the market has grown from $8.71 billion in 2023 and is expected to reach $17.08 billion by 2032, driven by urbanization, industrial expansion, and the growing need for fiber optic cables. Leading electrical cable manufacturers in India , such as Foliflex Cables, are investing in advanced technologies and sustainable materials to meet this increasing demand. Growing Demand for High-Quality Electrical Wires and Cables The demand for durable and safer electrical wiring solutions is increasing in both residential and industrial sectors. Key factors influencing the choice of high-quality wires and cables include: Fire...