Overhead Conductor Market worth $2.68 billion by 2030, growing at a CAGR of 9.46% - Exclusive Report by 360iResearch

The "Overhead Conductor Market by Product (Conventional, High Temperature), Current (HVAC, HVDC), Voltage, Rated Strength, Application - Global Forecast 2024-2030" report has been added to 360iResearch.com's offering.

The Global Overhead Conductor Market to grow from USD 1.42 billion in 2023 to USD 2.68 billion by 2030, at a CAGR of 9.46%.

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Overhead conductors are typically used in power transmission and distribution networks, installed on overhead power lines, and used to transport electricity over long distances. The rapid urbanization and growing electrification worldwide, increasing usage of overhead conductors for grid interconnection, increasing smart grid investment, and modernizing power transmission and distribution systems have significantly fueled the demand for overhead conductors. However, the susceptibility of overhead conductors to lightning and the possibility of fatigue and safety concerns in overhead conductors have hampered the market growth. Furthermore, adopting overhead conductors for large-scale integration of renewable energy and the emergence of green overhead conductors are expected to boost the market in upcoming years.

In the Americas, the United States and Canada are key players in the overhead conductor market. An increasing demand for renovation and upgradation of existing power transmission and distribution networks characterizes the region. The market growth is fueled by the emphasis on renewable energy sources and the need for grid modernization to prevent outages and improve efficiency. Endeavors such as the Smart Grid Investment Grant (SGIG) program in the United States support the adoption of advanced transmission technologies, including high-capacity overhead conductors. South America's overhead conductor market is growing steadily, facilitated by efforts to expand electricity access in rural and remote areas. Countries such as Brazil and Argentina are key contributors, focusing on integrating renewable sources into their grids and replacing old transmission lines. Europe's overhead conductor market is characterized by stringent regulations on emissions and a strong inclination towards green energy. The incorporation of renewable energy sources, including wind and solar, with the existing grid infrastructure is driving demand for advanced overhead conductors. Northern Europe, in particular, shows significant activity with numerous offshore wind projects requiring high-capacity transmission solutions. The Middle East and Africa market is poised for considerable growth, underpinned by infrastructural developments and the electrification of remote areas. The APAC region is experiencing rapid development in the overhead conductor market, directed by China and India, due to escalating electricity demand, urbanization, and industrial growth. These countries are heavily investing in upgrading their grid infrastructure and expanding transmission lines to rural areas. Additionally, Southeast Asian nations are increasingly focusing on renewable projects and grid modernization, which further amplifies the market prospects.

Market Segmentation & Coverage:

This research report categorizes the Overhead Conductor Market in order to forecast the revenues and analyze trends in each of following sub-markets:

Based on Product, market is studied across Conventional and High Temperature. The Conventional is further studied across All Aluminum Alloy Conductors, All Aluminum Conductor, All Aluminum Conductors Alloy reinforced, All Aluminum Conductors Aluminum Clad Steel Reinforced, and Aluminum Conductor Composite Core. The High Temperature is further studied across Aluminum Zirconium Alloy and Thermal Resistant Aluminum Alloy. The Conventional commanded largest market share of 82.81% in 2023, followed by High Temperature.

Based on Current, market is studied across HVAC and HVDC. The HVDC commanded largest market share of 59.20% in 2023, followed by HVAC.

Based on Voltage, market is studied across 132 kV to 220 kV, 221 kV to 660 kV, and Above 660 kV. The 221 kV to 660 kV commanded largest market share of 42.12% in 2023, followed by 132 kV to 220 kV.

Based on Rated Strength, market is studied across 10 kN to 75 kN, 76 kN to 150 kN, and > 150 kN. The 10 kN to 75 kN commanded largest market share of 38.89% in 2023, followed by 76 kN to 150 kN.

Based on Application, market is studied across Extra High Tension, High Tension, and Ultra-High Tension. The Extra High Tension commanded largest market share of 42.80% in 2023, followed by High Tension.

Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Asia-Pacific commanded largest market share of 38.64% in 2023, followed by Europe, Middle East & Africa.

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FPNV Positioning Matrix:

The FPNV Positioning Matrix is essential for assessing the Overhead Conductor Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).

Market Share Analysis:

The Market Share Analysis offers an insightful look at the current state of vendors in the Overhead Conductor Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.

Key Company Profiles:

The report delves into recent significant developments in the Overhead Conductor Market, highlighting leading vendors and their innovative profiles. These include Aberdare Cables, Alfanar Group, Apar Industries Limited, Elsewedy Electric Co. S.A.E., Hes Kablo A.Ş., Lamifil NV, LS-Gaon Cable Myanmar Co. Ltd., Lumino Industries Limited, LUMPI-BERNDORF Draht- und Seilwerk GmbH, Midal Cables Ltd., Nexans S.A., Nirmal Group, Prysmian S.P.A., Riyadh Cables Group, Southwire Company, LLC, Sumitomo Corporation, SWCC Showa Holdings Co., Ltd., Tratos Cavi S.p.A., Trefinasa, United Cable Industries Company, ZMS Cable Co., Ltd., and ZTT International Limited.

Key Topics Covered:

1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Overhead Conductor Market, by Product
7. Overhead Conductor Market, by Current
8. Overhead Conductor Market, by Voltage
9. Overhead Conductor Market, by Rated Strength
10. Overhead Conductor Market, by Application
11. Americas Overhead Conductor Market
12. Asia-Pacific Overhead Conductor Market
13. Europe, Middle East & Africa Overhead Conductor Market
14. Competitive Landscape
15. Competitive Portfolio

The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:
1. What is the market size and forecast of the Overhead Conductor Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Overhead Conductor Market?
3. What is the competitive strategic window for opportunities in the Overhead Conductor Market?
4. What are the technology trends and regulatory frameworks in the Overhead Conductor Market?
5. What is the market share of the leading vendors in the Overhead Conductor Market?
6. What modes and strategic moves are considered suitable for entering the Overhead Conductor Market?

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