The global wires and cables market was valued at USD 228.20 billion in 2024 and is expected to grow to USD 241.20 billion in 2025, reaching USD 375.82 billion by 2033. This growth is at a compound annual growth rate of 5.70% from 2025 to 2033. The expansion is driven by the increasing demand for renewable energy, infrastructure development, and the advancement of communication technologies in different industries around the world.

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The commercial vehicle market is expected to reach US$ 1388.10 billion by 2033, growing from US$ 839.97 billion in 2024, with a CAGR of 5.74% between 2025 and 2033. This growth is driven by increasing demand for efficient logistics, expanding e-commerce activities, and rising construction and infrastructure projects globally. Government investments in transportation and advancements in electric and autonomous commercial vehicles further contribute to market expansion.

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The automotive lighting market is projected to reach US$ 58.80 billion by 2033, growing from US$ 34.60 billion in 2024, with a CAGR of 6.07% between 2025 and 2033. This growth is driven by increasing demand for energy-efficient lighting solutions, advancements in LED and adaptive lighting technologies, and rising vehicle production globally.

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