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Growing Cross-Border Power Projects Support HVDC Cable Growth
The global HVDC cables market was valued at USD 2.4 billion in 2024 and is projected to reach USD 4.6 billion by the end of 2035. The market is expected to grow at a CAGR of 6.3% from 2025 to 2035, driven by increasing investments in renewable energy integration, expansion of cross-border power transmission networks, and rising demand for efficient long-distance electricity transmission. Dive...
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