Overhead Conductor Market Historical Growth, Analysis, Opportunities and Forecast to 2025
The Overhead Conductor market dynamics, forces, companies and trends have been determined after conducting a detailed study of the industry for this newly released research report now available with Market Study Report.
Selbyville, DE -- (ReleaseWire) -- 05/19/2019 --By 2025, 132 kV - 220 kV based overhead conductor market is anticipated to expand over 9%. Ongoing suburban migration and expansion in line with rapid growth across high-voltage transmission grid will stimulate the business scenario. These products have attained significant industry adoption on account of comparatively heavy scale deployment over conventional transmission capacity.
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Eminent overhead conductor market participants include Sumitomo, APAR, LAMIFIL, ZTT, Nexans, CTC, General Cable, Special Cables, Prysmian, LUMPI BERNDORF, Neccon, 3M, Gupta Power, Taihan, Midal, KEI, SWCC, Diamond Power Infrastructure, Galaxy, Alcon Jeddah, Southwire, China Top Cable Arrow, CABCON, Oman Cables, Kelani and Bekaert.
Aggregate technical and commercial (AT&C) losses reinforced by growing power demand result in immense shortage in terms of energy along with revenue realization which in turn will positively sway the installation of efficient transmission components.ACSR segment held over 60% of the global conventional overhead conductor market in 2018. Lower extension coefficient, effective conductivity in line with improved tensile strength are key factors augmenting the product adoption. In addition, many conductors have been governed as there are no single wonder material supporting the business outlook.
Overhead Conductor Market in 2018 surpassed a yearly installation of 70 thousand km and is anticipated to exceed USD 950 million by 2025. Favorable regulatory inclination toward the development of cross border power infrastructure along with rising demand for revamping & upgradation of aging grid transmission system will complement the global overhead conductor market growth.
In 2018, the U.S. overhead conductor market valued over USD 40 million. Increasing demand for the upgradation & revamping of the existing electric grid infrastructure will augment the product adoption. The deployment of a sustainable electricity grid network along with enhanced technological development will nurture the industry outlook. Growth in energy demand coupled with ongoing infrastructure fund flow will further boost the industry potential.
Ultra-high-strength products will witness growth on account of lower electricity transmission losses across large distance transmission system. Longer life span, effective operational adaptability and lower conducting losses of these products will further nurture the overall overhead conductor market.
Fewer number of high voltage direct current (HVDC) conductor installed in comparison to high voltage alternate current (HVAC) electricity transmission lines for the same distance substantiate their comparatively lower overhead conductor market share. Even though, lower losses, minimal short-circuit current, better controllability & effective asynchronous interconnection reflect immense potential for adoption of HVDC conductor.
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Report Content
Chapter 1 Methodology & Scope
Chapter 2 Executive Summary
Chapter 3 Overhead Conductor Industry Insights
Chapter 4 Overhead Conductor Market, By Product
Chapter 5 Overhead Conductor Market, By Voltage
Chapter 6 Overhead Conductor Market, By Rated Strength
Chapter 7 Overhead Conductor Market, By Current
Chapter 8 Overhead Conductor Market, By Application
Chapter 9 Overhead conductor Market, By Region
Chapter 10 Company Profiles
10.1 Sumitomo Electric Industries, Ltd.
10.2 ZTT
10.3 APAR Industries, Ltd.
10.4 LAMIFIL
10.5 Nexans
10.6 Neccon
10.7 General Cable Technologies Corporation
10.8 CTC Global, Inc
10.9 LUMPI-BERNDORF Draht- und Seilwerk GmbH
10.10 Taihan Electric Wire Co. Ltd.
10.11 3M
10.12 Gupta Power Infrastructure Ltd.
10.13 ZMS Cable
10.14 Midal Cables Ltd.
10.15 Hindustan Urban Infrastructure Limited
10.16 Alfanar
10.17 Prysmian Group
10.18 CABCON India Limited
10.19 Sterlite Power
10.20 Coreal
10.21 Versalec
10.22 CAFCA
10.23 Tropical Cable and Conductors
10.24 Gulf Cable and Electrical Industries Co.
10.26 Riyadh Cables Group Company
10.27 LS Cable & System
10.28 Jeddah Cables
10.29 Diamond Power Infrastructure Limited
10.30 Southwire Company, LLC
10.31 SWCC SHOWA HOLDING Co., Ltd.
10.32 Oman Cables Industry SAOG
10.33 Special cables Pvt. Ltd.
10.34 Elsewedy Electric
10.35 Alcon Marepha
10.36 Arrow Cables
10.37 Fifan Cables Group Co.
10.38 Galaxy Transmissions Pvt. Ltd.
10.39 Kelani Cables PLC
10.40 Bekaert
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