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Overhead Conductors Market Report | Covid-19 Impact Analysis
The Overhead Conductors Market is Segmented by Product Type (Conventional Conductors {ACSR, AAAC, ACAR, AACSR, and AAC}, High Temperature Conductors {Tal, ZTal}, and Others {ACFR, ACCR, ACCC, CRAC, and Gap Conductors}), by Voltage Type (132 kV to 220 kV, 221 kV to 660 kV, and >660 kV), by Rated Strength Type (High Strength {10 kN to 75 kN}, Extra High Strength {76 kN to 150 kN}, and Ultra High Strength {>150 kN}), by Current Type (HVAC, HVDC), by Application Type (High Tension, Extra High Tension, and Ultra High Tension), and by Region (North America, Europe, Asia-Pacific, and Rest of the World)
The Overhead Conductors Market is Segmented by Product Type (Conventional Conductors {ACSR, AAAC, ACAR, AACSR, and AAC}, High Temperature Conductors {Tal, ZTal}, and Others {ACFR, ACCR, ACCC, CRAC, and Gap Conductors}), by Voltage Type (132 kV to 220 kV, 221 kV to 660 kV, and >660 kV), by Rated Strength Type (High ...
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Covid-19 has impacted the market dynamics, competition, and global supply chains. The revenues has gone down in 2020 and may resume an uptrend gradually form 2021. Companies optimizing their operation and statergy will sustain and beat the competition.
Note: The summary below might not have included insights on covid impact since we have large number of reports.
See less...Covid-19 has impacted the market dynamics, competition, and global...
See more...Covid-19 has impacted the market dynamics, competition, and global supply chains. The revenues has gone down in 2020 and may resume an uptrend gradually form 2021. Companies optimizing their operation and statergy will sustain and beat the competition.
Note: The summary below might not have included insights on covid impact since we have large number of reports.
Overhead Conductors market is likely to witness a CAGR of 10.5% during the forecast period. The prime factors that are driving the overhead conductors’ market are the initiatives towards upgradation of conventional grid transmission sub-structures and ongoing establishment of cross border electrical networks.
Overhead Conductors Market - Snapshot |
|
Growth |
10.5% for the next five years |
Major Product Type |
Conventional Conductors |
Dominant Rated Strength |
High Strength |
Region with the highest demand |
Asia-Pacific |
Key Players |
Lamifil, ZTT, Sumitomo Electric Industries, Ltd., APAR Industries Ltd., Nexans, CTC Global Inc., Prysmian Group, LUMPI-BERNDORF Draht- und Seilwerk GmbH, Special Cables Pvt. Ltd., Neccon Power & Infra Limited, 3M, Taihan Electric Wire Co., Ltd., Midal Cables Ltd., KEI Industries Limited, Diamond Power Infrastructure Ltd., SWCC Showa Holdings Co., Ltd., Southwire Company LLC, CABCON India Limited, Oman Cables Industry, Galaxy Transmissions Pvt., Ltd., Bekaert, and Kelani Cables PLC. |
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Based on the product type, the market is segmented as conventional conductors, high temperature conductors, and others. Conventional conductors dominated the market in 2019 and are expected to maintain their position during the forecast period. Conventional conductor is further segmented into ACSR, AAAC, ACAR, AACSR, and AAC. In 2019, ACSR held more than 50% share of the market and is likely to witness a healthy growth during 2020-2025.
Based on the rated strength type, the overhead conductors’ market is segmented as high strength, extra high strength, and ultra-high strength. The high strength segment held the largest share of the market in 2019, and is also expected to witness a healthy growth during the forecast period. Large capacity industrial deployment and applicability towards utility adhered transmission lines are contributing towards the growth of the segment.
In terms of regions, Asia-Pacific is estimated to be the largest market for overhead conductors during the forecast period. China, Japan, India, and Australia are among the largest consumers of overhead conductors in the region. Significant investments towards modernization of existing grid network and expansion towards remote areas are the major factors contributing towards the dominance of the region in the global market. North America and Europe are also expected to witness a healthy growth during the forecast period.
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Some of the major players in the overhead conductors market are Lamifil, ZTT, Sumitomo Electric Industries, Ltd., APAR Industries Ltd., Nexans, CTC Global Inc., Prysmian Group, LUMPI-BERNDORF Draht- und Seilwerk GmbH, Special Cables Pvt. Ltd., Neccon Power & Infra Limited, 3M, Taihan Electric Wire Co., Ltd., Midal Cables Ltd., KEI Industries Limited, Diamond Power Infrastructure Ltd., SWCC Showa Holdings Co., Ltd., Southwire Company LLC, CABCON India Limited, Oman Cables Industry, Galaxy Transmissions Pvt., Ltd., Bekaert, and Kelani Cables PLC.
Conductor is a physical medium to carry electrical energy from one place to another. It is one of the most vital components of overhead and underground electrical transmission and distribution system. Based on product type, overhead conductor can be categorized into conventional conductors, high-temperature conductors, and others. On the basis of voltage type, it can be categorized into 132 kV to 220 kV, 221 kV to 660 kV, and >660 kV. By application type, the market is segmented as high tension, extra high tension, and ultra-high tension. The overhead conductors’ market is also segmented based on rated strength into high strength, extra high strength, and ultra-high strength.
This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.
Overhead Conductors Market Research Report - Features |
|
Market Segmentation |
6 |
Regions Covered |
4 |
Countries/Sub-Regions Covered |
15 |
No. of Figures & Tables |
>150 |
Company Profiles |
10 |
The overhead conductors’ market is segmented into the following categories.
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This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 15 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.
This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:
With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:
Company Profiling
Market Segmentation
Competitive Benchmarking
Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at [email protected].
The overhead conductors market is expected to witness an impressive growth of 10.5% CAGR in the foreseeable future.
Lamifil, ZTT, Sumitomo Electric Industries, Ltd., APAR Industries Ltd., Nexans, CTC Global Inc., Prysmian Group, LUMPI-BERNDORF Draht- und Seilwerk GmbH, Special Cables Pvt. Ltd., Neccon Power & Infra Limited, 3M, Taihan Electric Wire Co., Ltd., Midal Cables Ltd., KEI Industries Limited, Diamond Power Infrastructure Ltd., SWCC Showa Holdings Co., Ltd., Southwire Company LLC, CABCON India Limited, Oman Cables Industry, Galaxy Transmissions Pvt., Ltd., Bekaert, and Kelani Cables PLC are among the key players in the overhead conductor market.
Asia-Pacific is estimated to be the largest market for overhead conductors during the next five years.
Conventional conductors are expected to remain dominant product type in the overhead conductors market in the coming years.
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