The global high voltage cable market grew by 7.25% annually in 2015-19

Recently, Technavio, the world's authoritative research agency, released the "2015-2019 Global High voltage cable market Report".

Technavio analysts predict that the global high-voltage cable market will grow at a CAGR of 7.25% from 2015 to 2019.

The report states that one of the important factors driving the market is the increasing demand for energy worldwide. During the period 2015-2019, the main development trend of the market is the increasing investment in the field of research and development. However, the volatility of raw material costs will be a major challenge to the market growth.

Based on in-depth market analysis by industry experts, the report covers the Americas, APAC, Europe, Middle East and Africa regions, including market overview and future development prospects.