According to the latest report from Markets and Markets, the global refractory cable market is expected to grow from US$1.76 billion in 2018 to US$2.06 billion in 2023, with a CAGR of 3.2% over the period.
The global fiber optic cable market will reach $13.87 billion by 2021, with a compound annual growth rate of about 5.8 percent, according to a report by the communications market research firm Absolute Markets Insights.
According to Global Data, the global market for photovoltaic inverters will shrink from $6.3 billion in 2017 to $3.7 billion in 2022 due to falling prices, which will be negative in the next five years.
