With the video of robot Figure 01 flooding the internet, AI robots appear not far from mature applications. In recent years, the robot cables market has shown constant growth, and with the continued advancement of AI robot technology, This market is expected to maintain a rapid growth rate in the coming years.
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ZMS Cable Revenues Grow by 32% in 2023
In 2023, ZMS Cable company's annual revenue increased by 32% based on year 2022. With the acceleration of the installation of new energies such as wind and photovoltaics, new energy cable orders increased significantly. And in 2024, submarine cable orders will experience explosive growth.
Three Submarine Cables in the Red Sea Interrupted, Houthis Deny Attack
Three submarine cables in the Red Sea, that provide global internet and telecommunications services, have been cut, The Associated Press reported on 4 of March. These cables include the Asia-Africa-Europe 1, el Europe India Gateway, Seacom y TGN-Gulf, and affect approximately 25% of Red Sea data transmission volume. The disruption has caused concerns as the Red Sea is a vital route for transporting goods and energy from Asia and the Middle East to Europe., as well as for data transmission from Asia to Europe.
ZMS CABLE Partners with Worley to Supply Cables for the EACOP Project
ZMS CABLE has entered into a partnership with global engineering firm Worley to supply the cable infrastructure for the East African Crude Oil Pipeline project (EACOP, for its acronym in English). This collaboration aims to provide essential support for energy distribution in the region through the EACOP project, which is expected to play a key role in the development of the energy sector in East Africa.
A Warm New Year's Greeting from the Dragon from ZMS CABLE
As the vibrant spirit of the year of the Dragon blows new beginnings and hope into our lives, All of us at ZMS CABLE extend our warmest wishes to you and your loved ones for a prosperous and joyful Lunar New Year..
Latin America Moves Towards Zero Net Emissions with the Boost in Renewable Energies for 2050
Latin America faces a transformative opportunity and a colossal challenge: achieve net zero emissions by the year 2050. This ambitious goal, supported by the Latin American Energy Organization (Olade), requires a massive reorientation in the way the region generates and consumes energy. With an estimated investment of 1.9 billions of dollars, The aim is not only to triple the region's electricity generation capacity but also to profoundly reform its energy matrix., placing renewable energies at the center of this new energy panorama.
The EU will launch a Network Action Plan
In an ambitious effort to transform energy generation from fossil to clean sources, The European Commission has presented a strategic plan, the “Network Action Plan” for the electrical network. With a planned investment of 584 billion euros for 2030, EU aims for massive upgrade of European power grid lines. The objective is to improve the flexibility of the network and accelerate the integration of clean energy, marking a significant change in the continent's energy paradigm.
Medical Microsize Coaxial Cables Market Expected to Reach 1766 Millions in 2029
According to the latest research report from 168Report, The global medical microsize coaxial cables market size was approximately 1351 million dollars in 2023. It is expected to reach 1766 million dollars in 2029, with a CAGR of 3.4% in the next years.
A Warm Christmas Greeting from ZMS CABLE
As the lights twinkle and the trees are decorated, At ZMS CABLE we get wrapped up in the festive spirit, looking forward to sharing this joy with each of you. To our dear clients and partners, We extend our warmest wishes for a Merry Christmas and a Happy New Year.
The World Cable and Wire Market Will Reach 285.000 Millions in 2031
The global wire and cable market, vital for multiple industrial sectors, is experiencing significant growth. It is projected to reach 285 billion dollars for 2031, driven by technological advances and growing demand in various industries.