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Overhead Conductor Market is set to surpass 100 ‘000 km by 2024 Top Key Players – Nexans, Neccon, CTC, LUMPI BERNDORF, General Cable, 3M, Taihan, Gupta Power, Midal, Hindustan Urban Infrastructure, Prysmian, Alfanar, Sterlite, CABCON, Coreal

10-29-2018 07:27 AM CET | Energy & Environment

Press release from: Global Market Insights, Inc.

Overhead Conductor Market is set to surpass 100 ‘000 km by 2024

The growth graph of overhead conductor market stands exponentially high as on present-day, courtesy – the robustly growing need for uninterrupted electricity supply without power deficit. In the face of rapidly changing electricity trends, it is vividly discernible that the extensive demand for uninterrupted power in conjunction with the efforts undertaken toward low energy consumption for ecological balance would have a rather profound impact on overhead conductor market outlook. One of the principal factors that would lead to reduced and optimized energy consumption is the upgradation of existing transmission networks spread across the globe. As the enhancement of transmission lines and older grids gains mainstream precedence, conductors of all categories – conventional, high-temperature, and others, would claim preferential demand, eventually augmenting the revenue graph of overhead conductor market.

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Having potentially recognized the dangers lurking amidst increased energy consumption in a scenario plagued with environmental concerns, numerous regulatory and governmental bodies across the globe have been taking an apprehensive interest in overhead line upgradation, that would irrefutably boost the overall overhead conductor market. For instance, the ESB International’s AMS (Asset Management Services) unit undertakes responsibility for maintaining and upgrading the ESB transmission network between a voltage range of 110 kV to 400 kV, while simultaneously managing the refurbishment of existing transmission lines.

Despite the presumed heavy expenditure, it would be dire imbecility to deny the fact that a major network upgradation at a global scale is on the cards – a game-changing event that would transform the dynamics of overhead conductor industry outlook. As per a report published by a leading research firm, the current depreciated valuation of the U.S. electric grid alone comes close to USD 2 trillion, while its refurbishment and upgradation would require close to a mammoth USD 5 trillion – this humongous project alone would heavily propel U.S. overhead conductor market.

Chapter 1 Methodology & Scope
Chapter 2 Executive Summary
Chapter 3 Overhead Conductor Industry Insights
Chapter 4 Overhead Conductor Market, By Product
Chapter 5 Overhead Conductor Market, By Voltage
Chapter 6 Overhead Conductor Market, By Rated Strength
Chapter 7 Overhead Conductor Market, By Current
Chapter 8 Overhead Conductor Market, By Application
Chapter 8 Overhead Conductor Market, By Application
Chapter 9 Overhead Conductor Market, By Region
Chapter 10 Company Profile

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Given the acute gravity of the current energy scenario in terms of environmental safety, overhead conductor industry companies have been attempting to come up with an assortment of products incorporated with highly advanced tech innovations, that would help simplify the refurbishment and retrofitting process. Additionally, companies have been reaching out to one another in order to establish joint ventures and strategic partnerships that would help them harness each other’s expertise and product line while simultaneously providing reciprocal benefits to one another with regards to consolidating their positions in overhead conductor market.

Eminent players across overhead conductor market comprise Gupta Power, LAMIFIL, ZTT, APAR, Sumitomo, Hindustan Urban Infrastructure, Sterlite, Neccon, LUMPI BERNDORF, Nexans, China Top Cable, Diamond Power Infrastructure, General Cable, Gulf Cable, CTC, 3M, CAFCA, KEI, Oman Cables, Taihan, Midal, Prysmian, Alcon, Alfanar, CABCON, Coreal, Tropical Cable, Riyadh Cables, Jeddah, SWCC, Southwire, Special Cables, Elsewedy, Fifan, Galaxy, Bekaert, Arrow and Kelani.

Browse key industry insights spread across 740 pages with 1420 market data tables & 56 figures & charts from the report @ https://www.gminsights.com/industry-analysis/overhead-conductor-market

Post completion, the new transmission line is expected to reinforce the high-voltage transmission grid in Scotland and subsequently contribute toward onshore wind generation surrounding Tomatin. Powered by extra high voltage underground cables and an all-new transmission line, the project is certain to have a lucrative impact on the regional overhead conductor market size, given how extensively conductors would be deployed in the aforementioned refurbishment.

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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