Global wire device market is estimated to reach US$ 100.03 billion in 2033 from US$ 58.36 billion in the year 2024, growing at a CAGR of 6.17% from 2025 to 2033. This growth is fueled by the increase in urbanization and construction activities and the growing demand for energy-efficient electrical systems in residential, commercial, and industrial applications in addition to advancements in smart home technologies and connected devices.

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