Aluminum Central Tube OPGW Market Share Driven by Advanced Power Transmission and Network Modernization | Valuates Reports

Aluminum Central Tube OPGW Market Size
The global market for Aluminum Central Tube OPGW was valued at US$ 224 million in the year 2024 and is projected to reach a revised size of US$ 293 million by 2031, growing at a CAGR of 4.0% during the forecast period.

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The Aluminum Central Tube OPGW market is experiencing steady market growth as utilities and industrial operators prioritize robust and efficient power transmission solutions. Market trends indicate increasing investment in grid modernization, reliable data communication along transmission lines, and enhanced network resilience. The integration of fiber-optic technology with aluminum conductors ensures both power delivery and high-speed data transmission, contributing to the overall market size and strengthening demand across multiple regions.

Among type segments, the 24 cores category holds the largest market share, largely due to its widespread deployment in standard transmission projects and cost-effective installation. Meanwhile, the 48 cores segment is emerging as the fastest-growing type, driven by increasing demand for high-capacity communication and future-proof infrastructure. Other configurations also see adoption in specialized installations, offering flexibility for utilities with varying operational requirements.

By application, the 66 KV to 110 KV segment dominates market share, reflecting its use in medium-voltage transmission networks connecting urban and suburban grids. The above 110 KV segment, however, is expected to witness the fastest market growth, supported by high-voltage transmission projects and expanding industrial power networks. Applications below 66 KV continue to contribute to market size, particularly in rural electrification and smaller network expansions.

Looking ahead, the market forecast indicates strong opportunities driven by ongoing upgrades to smart grids, the rising deployment of renewable energy projects, and technological innovations in fiber-optic integration and aluminum conductor design. Enhanced adoption of monitoring systems, regulatory support for grid reliability, and the expansion of high-voltage transmission infrastructure are expected to shape market trends and accelerate market growth across global regions.

by Type

• 24 Cores
• 36 Cores
• 48 Cores
• Others

by Application

• Below 66 KV
• 66 KV to 110 KV
• Above 110 KV

By Company

ZTT, Fujikura, Tongguang Cable, Shenzhen SDGI, Prysmian Group, Hengtong Group, Furukawa, LS Cable & System, Hiteker Cable, Sichuan Huiyuan, Elsewedy Electric, Taihan, J-Power Systems, Tratos

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This release was published on openPR.