Overhead Conductor Market Eminent participants across the overhead conductor market include Sumitomo, ZTT, APAR, LAMIFIL, Nexans, Neccon, General Cable, CTC, LUMPI BERNDORF, Taihan, 3M, ZMS, Midal, Hindustan Urban Infrastructure

Overhead Conductor Market is predicted to exceed USD 29 billion by 2024. Growing concern toward reduction of T&D line losses will drive the industry growth. Increasing demand for revamp and refurbishment of existing electric network along with favourable measures pertaining to integration of smart networking technologies will further complement the industry outlook. In October 2012, the European Union introduced Energy Efficiency Directive (2012/27/EU) to strengthen the existing grid infrastructure by mapping operational efficiency improvement potential, losses, and grid energy efficiency.

Positive outlook toward the replacement and retrofitting of existing grid infrastructure along with integration of advanced transmission components will stimulate the U.S. overhead conductor market share. Growing spending across industrial establishment will further propel the business growth.

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Integration of sustainable technologies along with the expansion of the cross-border transmission network will propel the overhead conductor market share. Moreover, inadequate electrical supply owing to the lack of electrical grid infrastructure propel the demand for enhancement and expansion of transmission networks which in turn will positively influence business growth.

Overhead conductor market from 221 kV to 660 kV segment is set to witness growth due to growing electricity demand from industrial sectors. Growing investment toward expansion of high tension transmission network across the oil and gas and mining process will stimulate the industry growth. Stringent regulation pertaining to energy efficiency backed by advancing conductor composition technologies will further complement the industry growth.

Growing spending toward industrial infrastructure along with rapid urbanization across the developing region including Africa & Asia Pacific will propel the overhead conductor market. Key participants across the sub continents owing to favourable regulatory prospects and investment will further complement the industry landscape. Moreover, flourishing economic zones will fuel the regional energy consumption, which in turn will stimulate the industry outlook.

China market is set to witness growth over 1% owing to stringent government regulations concerning with replacement of existing electrical network with renewable resources. Growing demand for modernization of domestic transmission grid infrastructure along with favourable government measures toward cross border electric interconnection will further stimulate the China overhead conductor market growth.

Overhead conductor market from high temperature segment is predicted to reach over USD 10 Billion by 2024. The product ability to retain conductance and high temperature bearing capacity over existing conventional technologies will further complement the business growth. Reduced knee point temperature, low expansion coefficient and lower sag are some of the key underlined parameters which will stimulate the industry landscape.

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

Report Content

Chapter 1 Methodology & Scope

1.1 Methodology

1.1.1 Initial data exploration

1.1.2 Statistical model and forecast

1.1.3 Industry insights and validation

1.1.4 Market definition and forecast parameters

1.1.5 Abbreviations

1.2 Data Sources

1.2.1 Secondary

1.2.2 Primary

Chapter 2 Executive Summary

2.1 Overhead conductor industry 3600 synopsis, 2013 - 2024

2.1.1 Business trends

2.1.2 Product trends

2.1.3 Voltage trends

2.1.4 Current trends

2.1.5 Rated strength trends

2.1.6 Application trends

2.1.7 Regional trends

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