High Voltage Cable Market: PMR Market Insight Report 2015 to 2021
The global high voltage cable market is primarily driven by the growing demand from industries and energy distribution centres. Across the globe, industries are investing the development or updating the infrastructure to accommodate the power transmission requirements. In regions like North America, where the grids have become less effective and efficient as they are aged, the grid infrastructure needs up gradation to provide continuous power supply to avoid power shortages. The importance of renewable energy is growing globally, and governments are investing in creating infrastructure for the same.
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