Overhead Conductors Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 - 2026
- Transparency Market Research
- August 2039
- 0 pages
Electrical conductors are materials that conduct electricity. Overhead conductor is a physical medium used to carry electrical energy across two adjoining electricity network junctions. These travel easily from atom to atom with the help of voltage. Overhead conductors are utilized in electric power transmission and distribution to transmit electrical energy along large distances. Overhead conductor consists of more than one conductors suspended by towers or poles. They are essential components in the power industry and are responsible for the transmission and distribution of electric power. A metal wire is commonly used as a form of overhead conductor.
The overhead conductors market can be segmented based on voltage type, application, and region. Based on voltage type, the overhead conductors market can be segregated into 130 kV to 225 kV, 226 kV to 650 kV, and above 651 kV. Based on application, the overhead conductors market can be divided into high tension, extra high tension, and ultra-high tension. High voltage overhead transmission lines are utilized to transfer electricity over long distances from central substation to the main substation. The transfer of electricity over long distances above 225 kV transmission voltage are termed extra high tension transmission lines. Transfer of electricity more than 650 kV over longer distance are known as ultra-high tension transmission lines.
Rise in demand for production of green products is a major trend driving the overhead conductors market. Manufacturers of overhead conductors are largely focusing on developing wires and cables with less detrimental impact on the environment. New technological advancements and inventions are being developed to lower the manufacturing costs of overhead conductors. Regulatory measures by developed and developing countries toward the existing transmission losses have compelled installers to focus on effective and reliable product development.
The usage of overhead conductors visually distracts the environment. Birds, low flying aircraft, drones, and surveillance cameras are affected by overhead conductors. Safety issue and scarcity of high skilled labor to handle ultra-high overhead conductors are the major restraints of using overhead conductors.
In terms of geography, North America offers high potential for the overhead conductors market. The use of overhead conductors is expected to increase in North America., as the U.S. Government plans to refurbish and revamp its infrastructure and produce eco-friendly energy distribution and transmission control systems. Countries in Asia Pacific such as India, China, and Japan are investing significantly in the manufacture of environmentally-friendly overhead conductors. Several end-users are replacing their old equipment such as transmission and distribution transformers, power cables, circuit-breakers, and switchgears with technically advanced transmission and distribution equipment to revamp their existing transmission network. This is driving the demand for overhead conductors. Countries in Europe such as Germany, France, Sweden, and the U.K. are focusing on increasing their infrastructure investments for the development of renewable energy projects. This is anticipated to create the need to connect renewable energy sources to the grid network, thereby augmenting the usage of overhead conductors due to their properties such as low transmission loss. The overhead conductors market in Middle East & Africa is anticipated to expand rapidly in the near future. Countries such as Saudi Arabia, Kuwait, Bahrain, and Qatar have invested significantly in overhead conductors for the development of infrastructure.
Key players operating in the overhead conductors market include General Cable, Nexans, Southwire, Midal Cables, and Prysmian Group.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
The study is a source of reliable data on:
- Market segments and sub-segments
- Market trends and dynamics
- Supply and demand
- Market size
- Current trends/opportunities/challenges
- Competitive landscape
- Technological breakthroughs
- Value chain and stakeholder analysis
The regional analysis covers:
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
- Eastern Europe (Poland and Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
- Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
Highlights of the report:
- A complete backdrop analysis, which includes an assessment of the parent market
- Important changes in market dynamics
- Market segmentation up to the second or third level
- Historical, current, and projected size of the market from the standpoint of both value and volume
- Reporting and evaluation of recent industry developments
- Market shares and strategies of key players
- Emerging niche segments and regional markets
- An objective assessment of the trajectory of the market
- Recommendations to companies for strengthening their foothold in the market
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.
Have query on this report?Make an Enquiry
The team was the biggest help to us. Not only were we provided with customized solutions but also we were guided through the most complicated situations. The information was on-point yet comprehensive. The experience was absolutely satisfying and helped us turn many challenges into opportunities.
Ours is a startup with a unique set of challenges and we were therefore hesitant but the team totally put us at ease with their knowledge and expertise. Our business and its challenges were understood perfectly and help was extended accordingly. The tailor made approach really helped us gain the most informative insights.
The report repository is absolutely impressive –updated and exhaustive in terms of markets covered and information provides. Besides, with the support extended to us by the team, we could reduce costs as well as move to sustainable growth. This really helped us tap into new opportunities. Happy to have gone ahead with ResearchMos.us.
We have had a long term engagement with ResearchMoz.us and never have we felt that the work done and help extended were below flawless. The report repository is one of the best one can hope to tap into. Recently, our partner businesses opted for consultancy services and they are all thrilled with the outcome.
Insights from reports helped us improve our profit margins significantly. Most of the knowledge we needed on the market were provided to us on a granular basis. From trends, and drivers to competitive analysis, the information was not just crisp but also insightful. That helped us chart a robust growth strategy and as of now we are happy to state that we are reaping big benefits.
More from Chemicals
ChemicalsChinese Markets for Container Coatings
ChemicalsChinese Markets for Antioxidants
ChemicalsChinese Markets for Silicone Coatings
ChemicalsChinese Markets for Absorbents