Press release
Overhead Conductor Market Notable overhead conductor market participants include ZTT, LAMIFIL, Sumitomo, APAR, Nexans, Neccon, CTC, LUMPI BERNDORF, General Cable, 3M, Taihan, Gupta Power
> 660 kV units in the recent years, have observed substantial growth on account of the ongoing expansion for ultra-high-tension transmission networks to endure losses accrued from the long-distance power supply. Less utilization of conductor materials, lower sagging and effective long-route transmission of electricity are essential factors evaluated to strengthen the product penetration. Shifting focus towards the adoption of HVDC transmission network to meet cross-border electricity demand will further complement the global overhead conductor market.
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Europe overhead conductor market will witness escalation on account of stringent energy efficiency mandates coupled with increasing share of electricity from sustainable energy sources. Government with an aim to establish a reliable energy infrastructure have been channelizing investment to cater their networks for electricity generation, transmission & distribution. EU’s policy objectives include investment and restructuring towards a reliable grid network to fit renewable resources and fulfil the increase in energy demand.
High strength overhead conductor market will exceed yearly installation of 50 ‘000 km by 2024. Large capacity industrial installations and viability across utility aided transmission lines will positively stimulate the industry outlook. These units witness substantial installation across various transmission networks requiring comparatively higher ampacity across the large-scale regional grid infrastructure.
Favorable regulatory mandates toward the refurbishment & retrofitting of ageing electric transmission network along with ongoing industrial upgradation will stimulate the overall overhead conductor market size. In addition, rapid technological enhancements along with utility shift towards energy efficiency will further thrust the product demand.
Ultra-high-tension (UHT) overhead conductor market will gain impetus on account of decreased line losses & higher ampacity in line with increasing investment from state-owned utilities toward the establishment of cross border transmission infrastructure. In addition, robust expansion of HVDC transmission infrastructure along with rising focus to integrate renewable energy system will positively sway the industry dynamics.
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Overhead Conductor market research report includes in-depth coverage of the industry with estimates & forecast in terms 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
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