Overhead Conductor Market Notable overhead conductor market participants include ZTT, LAMIFIL, Sumitomo, APAR, Nexans, Neccon, CTC, LUMPI BERNDORF, General Cable, 3M, Taihan, Prysmian, Alfanar,SWCC, Southwire, Elsewedy, Alcon, Fifan, Galaxy, Arrow, Kelani

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. The massive disbursement notwithstanding, the United States seems to have strengthened its resolve to be included among the top energy-efficient countries in the world, on the grounds of which the government plans to invest heavily in the replacement of electric infrastructure, subsequently creating a barrage of lucrative opportunities for overhead conductor market players.

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.

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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.

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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.

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.

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