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The global control cable market is projected to reach US$19.502 billion by 2023, increasing from US$13.120 billion in 2018, growing at a CAGR of 8.25% over the forecast period. Control cables can be defined as multi-conductor cables which are used in instrumentation and automation applications. These cables are used to regulate and measure transmissions of automated processes. Typically, control cable is isolated with a braided shield, foil shield, or a combination of the two.