Overhead Conductor Market Global and Regional Analysis, Focusing on Size, Share, Growth and Forecast (2023-2028)


Posted January 31, 2023 by Urmila01

Overhead Conductor Market Global and Regional Analysis, Focusing on Size, Share, Growth and Forecast (2023-2028)

 
The Overhead Conductor Market size is estimated to reach $917.1 Million by 2026, growing at a CAGR of 2.7% over the forecast period of 2021-2026.
Overhead Conductors are used in overhead transmission and distribution network applications, and they are also used for un-insulated hook ups, jumpers, grounding conductors and other applications. The demand for upgrading and retrofitting existing electric grid networks is expected to drive the overhead conductor business growth. The growing rate of electrification and the creation of a stable grid support system will have a favourable influence on industry demand. Additionally, the commercial scenario will be aided by regulatory attention on developing a sustainable network to support power generation, transportation, and distribution networks.
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Market Dynamics
Driver: Refurbishment & retrofit of existing grid infrastructure is driving the market.
While it is evident that high-voltage components will need to be refurbished at some point, the correct timing and scope must be determined. Several elements impact this choice. In general, there are four basic causes for renovation. The manufacturer's aid in the carving out of the operator's and the specific HVDC / FACTS system, or high-voltage switchyard's needs, then supply a solution that assures a smooth and successful refurbishment. It is set to drive the market over the period 2021-2026.
Challenge: Increasing dependency on imports are limiting the market growth.
The demand-supply gap for winding conductors, such as CTC (Continuously Transposed Conductors), PICC (Paper Insulated Copper Conductors), and rectangular enamelled conductors, was severe for transformer makers. Many components were heavily reliant on imports, resulting in longer lead times and greater costs.
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Key Market Players
Key Players in Overhead Conductor Market consist of Overhead Conductor Market report summarizes detailed information by top players as Tratos, Eland Cables, General Cable, Sumitomo Electric Industries, Elsewedy Electric, Nexans, ZTT cables, NTPC, Powergrid, 3M, Gupta Power among others.

Report Coverage and Scope
The report "Overhead Conductor Market" by Research Informatic covers an in-depth detailed analysis for the following segment covered under the scope.

By Product Type
• Conventional Conductors
• High-Temperature Conductors
• Others

By Applications
• High Tension
• Extra-High Tension Conductor
• Ultra-High-Tension Conductor
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Geography
• North America
• Europe
• APAC
• RoW
TOC:
Chapter 1 Overhead Conductor Market Overview
1.1 Product Overview and Scope of Overhead Conductor
1.2 Overhead Conductor Market Segmentation By Type
1.2.1 Conventional Conductors
1.2.2 High Temperature Conductors
1.2.2 Others
TOC Continued…
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Last Updated January 31, 2023