According to MarkNtel Advisors’ research report titled “Global Wires & Cables Market Analysis, 2020”, the Wires & Cables market is anticipated to grow at a CAGR of around 6% during 2020-25 owing to the factors such as advancing communication technology and soaring investment in the distribution automation. Moreover, increasing renewable, energy generation, and growing inclination of consumers towards convenient smart and automated products is projected to boost the demand for wires & cables in the forecasted period.