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SAARC Transmission Lines Market Share

Report ID: GMI7209
Published Date: Oct 2023
Report Format: PDF

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SAARC Transmission Lines Market Share

The SAARC transmission lines industry is on the cusp of significant expansion, essential for improving energy accessibility, dependability, and sustainability in the region. Key market players are directing their efforts toward fostering collaborations and partnerships to address the substantial financial requirements for upgrading the electric infrastructure. The industry is marked by both established global players and regional companies, where the competition is driving innovation and efficiency, benefiting customers in terms of better technology and competitive pricing across the industry includes:

Nexans
UNIVERSAL CABLE LIMITED.
Apar Industries Limited
Gupta Power Infrastructure Ltd.
Siemens Energy
Prysmian Group
CTC Global Corporation
KEC International Ltd.
Special Cable Pvt. Ltd.
Surana Group of Industries
Galaxy Transmissions Pvt Ltd.
CMI Limited
Sterlite Power
Himalco Cables
Sumitomo Electric Industries, Ltd.
Bekaert

Authors: Ankit Gupta, Shashank Sisodia

Frequently Asked Questions (FAQ) :

The market valuation of SAARC transmission lines was size surpassed USD 1 billion in 2023 and is poised to expand at 7.1% CAGR through 2032, driven by the rapid growth of infrastructure projects, the integration of renewable energy sources, technological advancements, and increased cooperation among regions.

The 132 kV to 220 kV voltage transmission lines segment is projected to depict a 7.7% growth rate from 2023 to 2032, owing to the rising need to expand and strengthen medium-voltage transmission networks and massive investments in renewable energy projects.

India transmission lines industry is set to expand at over 8.2% CAGR from 2023 to 2032, owing to the persistent drive to reinforce and extend the transmission infrastructure due to the rising electricity requirements of the nation.

The major firms engaged in the SAARC transmission lines market are Nexans, UNIVERSAL CABLE LIMITED., Apar Industries Limited, Gupta Power Infrastructure Ltd., Siemens Energy, Prysmian Group, CTC Global Corporation, KEC International Ltd, Himalco Cables, and Sumitomo Electric Industries, Ltd., among others.