Market Dynamics

Overhead Line Conductors Market growth is expected to gain high momentum during the forecast period due to birds, low flying aircraft, drones, and surveillance cameras are affected by overhead line conductors. An overhead power line is a system used in electric power transference and distribution for transferring electrical energy to long distances. It consists of one or more conductors suspended by towers or poles. Since most of the insulation is provided by air, overhead power lines are the technique that requires minimum power transmission costs for huge amounts of electric energy.

The most widely recognized conductor being used for transmission today is aluminum conductor steel reinforced (ACSR). Aluminum conductor steel-reinforced cable (ACSR) is a type of high-capacity, high-strength stranded conductor usually used in overhead power lines. Additionally, it is used is an all-aluminum-alloy conductor (AAAC). Aluminum weighs and costs than resistance copper cable. However, it requires a larger diameter than copper on account of lower explicit conductivity. All the overhead aluminum conductors are used as power transmission and distribution lines. All aluminum conductors include, at least, one strand of aluminum wire depending on the specific application. These conductors are used in the overhead power line.

The overhead line conductors market is growing with expanding demand for upgrade and redoing of conventional grid transmission sub-structures. Moreover, favorable policy interventions in accordance with positive sectoral schemes have fortified the electrical business share, emphatically impacted by progressing economic growth. Additionally, technological advancements and inventions are being developed to reduce the manufacturing costs of overhead line conductors, thus driving the global overhead line conductors market.

Key Factors Impacting Market Growth:

• Transfer of electricity to longer distances
• The rise in demand for the production of green products
• Birds, low flying aircraft, drones, and surveillance cameras are affected by overhead line conductors
• Safety issues and scarcity of high skilled labor

Regional Outlook:

The regional outlook for overhead line conductors market provides detailed information for markets including North America, Western Europe, Eastern Europe, Asia Pacific, Middle East, and Rest of the World. North America and Western Europe are estimated to be key regions for overhead line conductors market during the forecast period. Being one of the industrialized regions, the energy & power sector is key to the operations of various industries in this region. This is one of the important factors governing the growth of overhead line conductors market in these regions. Some of the major countries covered in this region include US, Germany, UK, France, Italy, Canada, and so on. 

Asia Pacific is estimated one of the fastest growing regions for overhead line conductors market during the forecast period. Some of the fastest growing economies and increasing demand for energy & power to cater high population & industries is expected to drive the demand in this region. China and India are projected to register major demand during the forecast period. Middle East that includes UAE, Saudi Arabia, Iran, Qatar, and others promises high market potential during the forecast period. Rest of the World including South America and Africa are emerging regions in terms of market demand during the forecast period.

Companies Covered: AMIFIL, ZTT, Sumitomo, APAR, Nexans, CTC, Prysmian, LUMPI BERNDORF, General Cable, Special Cables, Neccon, 3M, Taihan, Midal, Gupta Power, KEI, Diamond Power Infrastructure, Jeddah, SWCC, CABCON, Oman Cables, Galaxy, Alcon, Tongda Cable, Bekaert, Kelani, Southwire, Eland Cables, Apar Industries, and Hengtong Group

Market Segmentation:

By Type:

• ACSR
• AAAC
• ACAR
• AACSR
• AAC
• Others
  • ACFR
  • ACCR
  • ACCC
  • CRAC
  • Gap Conductors

By Application:

• Low Voltage (<1 kV)
• Medium Voltage (1-69 kV)
• High Voltage (70-345 kV)
• Extra High Voltage (346-799 kV)
• Ultra High Voltage (>800 kV)

By Region:

• North America
  • By Country (US, Canada, Mexico)
  • By Type
  • By Application
• Western Europe
  • By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)
  • By Type
  • By Application
• Eastern Europe
  • By Country (Russia, Turkey, Rest of Eastern Europe)
  • By Type
  • By Application
• Asia Pacific
  • By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
  • By Type
  • By Application
• Middle East
  • By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)
  • By Type
  • By Application
• Rest of the World
  • By Region (South America, Africa)
  • By Type
  • By Application

Reasons to Buy This Report:

• Market size estimation of the global overhead line conductors market on a regional and global basis
• The unique research design for market size estimation and forecast
• Profiling of major companies operating in the market with key developments
• Broad scope to cover all the possible segments helping every stakeholder in the market

Customization:

We provide customization of the study to meet specific requirements:

• By Segment
• By Sub-segment
• By Region/Country

For more information, contact: [email protected]