Global Overhead Conductor Market Overview:
Overhead conductor is refer as a conductor used in overhead power lines. A conductor is one of the most important components of overhead lines. Selecting a proper type of conductor for overhead lines is very important. The overhead conductor is a physical medium used to convey electrical vitality crosswise over two bordering power network. These movements effectively from particle to particle with the assistance of voltage. The overhead conductors are used in electric power transmission and power distribution to transmit electricity along long distance. The overhead conductor comprises of more than one conductors suspended by poles or towers. Some of the key players profiled in the study are 3M (United States), Sumitomo Electric Industries (Japan), ZTT (China), APAR Industries (India), General Cable (Prysmian Group) (United States), LAMIFIL (Belgium), Nexans (France), Neccon Power & Infra (India), CTC Global (United States), LUMPI BERNDORF (Austria) and Taihan Electric Wire (South Korea).
On the basis of geography, the market of Overhead Conductor has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Nature, the sub-segment i.e. Conventional will boost the Overhead Conductor market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Voltage, the sub-segment i.e. Low Voltage will boost the Overhead Conductor market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Material, the sub-segment i.e. Copper will boost the Overhead Conductor market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Stringent energy efficiency reforms
- Increasing demand for up-gradation & revamping of conventional grid transmission sub-structures
- Expansion of smart grid networks
- Increase in demand for the production of green products
- Shortage of high skilled labor to handle ultra-high overhead conductors
- Increasing electricity demand
- Integration of a sustainable electrical network
- Slow paced technological evolution across developing regions
- High dependency on imports
Major Market Developments:
The Prysmian Group, the world's largest cable manufacturer, is expanding its portfolio with the Draka UC400 23 Cat.6 U/UTP LSHF D64 Cca network cable. The newly developed cable from BU Multimedia Solutions reliably and comprehensively meets all equirements of the European fire protection class Cca s1a d1 a1 of the Contruction Products Regulation (CPR).
The market is highly fragmented with the presence of various players in the market. Some of the key strategies followed by the players operating in the market were innovation, product development, acquisition, and expansion.
Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, Manufacturers, Suppliers, and Distributors, Raw Material Suppliers, Government Regulatory and Research Organizations and End-Use Industries
Major Objectives Focused through this Study
To define, describe, and forecast the Global Overhead Conductor market on the basis of product [AAC : All Aluminium Conductor, AAAC : All Aluminium Alloy Conductor, ACSR : Aluminium Conductor, Steel Reinforced, ACAR : Aluminium Conductor, Alloy Reinforced and Copper Conductor] , application [Power Distribution and Railways], key regions and end user
To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
To provide market size for various segments of the Overhead Conductor market with respect to major geographies, namely, South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico)
To strategically profile the key players and analyzing their market shares and core competencies in the Overhead Conductor industry
To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Manufacturers which are also part of the research are .
** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the Overhead Conductor market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. Top-down and bottom-up approaches have been used to determine the overall market size. Sizes of the other individual markets have been estimated using the percentage splits obtained through secondary sources such as Hoovers, Bloomberg BusinessWeek, and Dow Jones (Factiva), along with primary respondents. The complete methodology includes the study of the annual and financial reports of the key market players and extensive interviews with industry experts such as CEOs, VPs, directors, and marketing executives for key insights (both qualitative and quantitative) related to the market.