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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

09-06-2018 07:41 AM CET | Energy & Environment

Press release from: Global Market Insights, Inc.

Overhead Conductor Market

Overhead Conductor Market

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.

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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.

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.

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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.

Report Content
Chapter 1 Methodology & Scope
Chapter 2 Executive Summary
Chapter 3 Overhead Conductor Market Industry Insights
Chapter 4 Overhead Conductor Market, By Product
Chapter 5 Overhead Conductor, By Voltage
Chapter 8 Overhead Conductor, By Application
Chapter 9 Overhead Conductor Market, By Region
Chapter 10 Company Profiles

About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research

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