Industry Reports   Upcoming Reports   Press Room   Blog   About Us

Press Room


Overhead Conductor Market to exceed $29bn by 2024

Published Date: December 15, 2017   Author: Global Market Insights, Inc.

Overhead Conductor Market size will exceed USD 29 billion by 2024, as reported in the latest study by Global Market Insights, Inc.
 

Growing regulatory measures toward accruing transmission line losses across the globe will stimulate the overhead conductor market size. Ongoing reforms pertaining to energy efficiency coupled with the integration of smart networking technologies will lead to the enhancement of the existing transmission networks. The European Energy Efficiency Directive (2012/27/EU) maps grid energy efficiency, losses, operational efficiency improvement potential, and similar parameters to enhance the effectivity of the existing grid infrastructure.
 

The U.S. overhead conductor market size is set to reach over 400 ‘000 ckt km by 2024. Favorable reforms toward the refurbishment and retrofitting of existing grid infrastructure coupled with rapid integration of advance electric transmission components will augment the industry growth. In addition, increasing energy demand coupled with rising infrastructural spending across the nation will further complement the business landscape.

 

Request Sample Buy NowInquiry Before Buying 

 

Inadequate electrical supply due to the lack of an effective grid network fuel the expansion & enhancement of transmission networks which in turn will augment the overhead conductor market growth. Furthermore, grid integration of renewable technologies coupled with the ongoing expansion of cross-border transmission networks will further complement the industry outlook.
 

221 kV to 660 kV in 2016, dominated the overhead conductor market share owing to large-scale demand for electricity from industrial establishments. In addition, ongoing expansion of extra high-tension transmission networks across mining and Oil & Gas processes will positively influence the business growth. Stringent energy efficiency protocol favored by advancing conductor composition technologies will further thrust the business outlook.
 

Browse key industry insights spread across 788 pages with 1420 market data tables & 63 figures & charts from the report, “Overhead Conductor Market Size By Product (Conventional Conductors {ACSR, AAAC, ACAR, AACSR, AAC}, High Temperature Conductors {Tal, ZTAl}, Others {ACFR, ACCR, ACCC, CRAC, Gap Conductors}), By Voltage (132 kV to 220 kV, 221 kV to 660 kV, > 660 kV), By Rated Strength (High Strength {10 kN to 75 kN}, Extra High Strength {76 kN to 150 kN}, Ultra High Strength {> 150 kN}), By Current (HVAC, HVDC), Application (High Tension, Extra High Tension, Ultra High Tension), Industry Analysis Report, Regional Analysis (U.S., Canada, Mexico, UK, France, Italy, Germany, Sweden, Russia, Spain, China, Japan, South Korea, India, Australia, Indonesia, New Zealand, Malaysia, UAE, Saudi Arabia, Qatar, Kuwait, Oman, Turkey, South Africa, Egypt, Nigeria, Brazil, Peru, Chile, Argentina), Application Development Potential, Price Trend, Competitive Market Share & Forecast, 2017 – 2024in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/overhead-conductor-market
 

Rapid industrial expansion coupled with ongoing urbanization across developing economies of Asia Pacific & Africa have instituted a favorable business layout. Industry participants across the sub-continents on account of favorable investment and regulatory prospects have witnessed the fabrication of a competitive industrial platform. In addition, proliferating economic zones will escalate regional energy consumption, which in turn will positively impact the overhead conductor market scenario.
 

China overhead conductor market is anticipated to witness growth over 1% by 2024. Favorable government norms pertaining to the replacement of conventional electric networks with sustainable resources will escalate the product demand. Ongoing expansion of domestic transmission grid infrastructure coupled with favorable political inclination towards cross-border electric interconnection will further embellish the business outlook.
 

High temperature overhead conductor market is anticipated to exceed USD 10 Billion by 2024. The penetration of high-temperature conductors over the years has accelerated subject to the high-temperature bearing capacity and the ability to retain conductance when compared to the existing conventional technologies. Lower sag, low expansion coefficient, and reduced knee-point temperature are the few parameters which will positively impact the product penetration.
 

Notable players across the overhead conductor market include ZTT, Prysmian, Sumitomo, APAR, LAMIFIL, Neccon, Nexans, CTC, General Cable, 3M, Taihan, Midal, Alfanar, Sterlite, Coreal, Versalec, Gulf Cable, KEI, LS Cable, Jeddah, SWCC, Oman Cables, Elsewedy, Bekaert, and others.
 

Overhead conductor market research report includes in-depth coverage of the industry with estimates & forecast both in terms of ckt km and USD from 2013 to 2024, for the following segments:

Overhead Conductor Market, By Product

  • Conventional
    • ACSR
    • AAAC
    • ACAR
    • AACSR
    • AAC
  • High Temperature
    • TAl
    • ZTAl
    • Others
  • Others
    • ACFR
    • ACCR
    • ACCC
    • CRAC
    • Gap Conductors
    • Others

Overhead Conductor Market, By Voltage

  • 132 kV to 220 kV
  • 221 kV to 660 kV
  • > 660 kV

Overhead Conductor Market, By Rated Strength

  • High Strength {10 kN to 75 kN}
  • Extra High Strength {76 kN to 150 kN}
  • Ultra High Strength {> 150 kN}

Overhead Conductor Market, By Current

  • HVAC
  • HVDC

Overhead Conductor Market, By Application

  • High Tension
  • Extra High Tension
  • Ultra High Tension

The above information is provided on a country basis for the following:

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • UK
    • France
    • Italy
    • Germany
    • Sweden
    • Russia
    • Spain
  • Asia Pacific
    • China
    • Japan
    • South Korea
    • India
    • Australia
    • Indonesia
    • New Zealand
    • Malaysia
  • Middle East & Africa
    • UAE
    • Saudi Arabia
    • Qatar
    • Kuwait
    • Oman
    • Turkey
    • South Africa
    • Egypt
    • Nigeria
  • Latin America
    • Brazil
    • Peru
    • Chile
    • Argentina