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Africa Transmission Lines Market Trends

Report ID: GMI6533
Published Date: Aug 2023
Report Format: PDF

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Africa Transmission Lines Market Trends

The Africa transmission lines market is characterized by a promising scenario led by the pursuit of sustainable energy, regional cooperation, and technological innovation, with the potential to enhance energy access and drive economic growth across the continent. In addition, technological advancements are playing a pivotal role in the business expansion plans. Innovations in high-voltage transmission technology are enabling the efficient and long-distance transport of electricity, reducing energy losses, and improving grid reliability.

African countries are increasingly collaborating to establish cross-border transmission networks, allowing for the exchange of electricity resources. These initiatives are not only enhancing energy security but also fostering economic cooperation among nations. Moreover, African countries are prioritizing the development of transmission infrastructure to connect remote renewable energy generation sites to urban centers. This is propelled by both environmental concerns and the desire to diversify energy sources, creating significant demand for transmission lines, thereby stimulating the market potential in the region.

Authors: Ankit Gupta, Shashank Sisodia

Frequently Asked Questions (FAQ) :

The market size for transmission lines in Africa exceeded USD 866 million in 2022 and will witness over 7.1% CAGR from 2023 to 2032, due to expanding population, urbanization, and economic development.

Africa high temperature transmission lines industry size may observe over 7.5% CAGR between 2023 and 2032, driven by the incessant need for improved efficiency, reduced losses, and enhanced capacity to support the evolving energy landscape in the region.

Western Africa transmission lines industry size is projected to record over 19% growth rate through 2032, due to the increasing infrastructural activities favoring transmission & distribution, mainly in Nigeria, Côte d'Ivoire, Ghana, and Namibia.

Nexans, Siemens Energy, ABB, General Cable, Prysmian Group, LS Cable & System, KEC International, Kalpataru Power Transmission Limited, East African Cables, and Midal Cables Ltd. are some of the leading firms in market.