Shielded Twisted Pair Market Forecast to Surpass US$ 2.8 Billion by 2031 with a CAGR of 4.1% | KR
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Shielded Twisted Pair Market was valued at USD 2.3 Billion in 2021 and is projected to reach US$ 2.8 Bn by 2028, at a CAGR of 4.1%. Twisted pair cables assist in the transmission of data and signals to the desired location. As a result, twisted-pair cables can be used in a wide range of automated industrial processes. As a result, the market for twisted pair cables is predicted to rise at a faster rate over the forecast period due to manufacturers' increased preference for automated procedures. In the telecommunications industry, twisted-pair cables are widely utilised.
