The data reveals a general upward trend in market demand throughout the analyzed period. Between 2018 and 2022, the market demand for data, telecoms, and power transmission cables increased from EUR 1.27 billion to EUR 1.58 billion. This growth trend suggests a rising need for these cables in the Czech Republic, driven by factors such as the expansion of telecoms infrastructure and increased power transmission requirements.
Looking at the forecasted data, the market demand is expected to continue growing, albeit with a minor dip in 2023F, from EUR 1.58 billion in 2022 to EUR 1.57 billion. However, the demand is projected to recover and reach EUR 2.06 billion by 2027F, indicating sustained growth in the market.
In conclusion, the Czech Republic's market demand for data, telecoms, and power transmission cables shows a positive growth trajectory, reflecting the country's increasing need for advanced infrastructure and energy solutions. With a projected continued upward trend, the market is expected to surpass EUR 2 billion by 2027F.