Home > Energy & Power > Electrical Equipment > Overhead Conductor > Asia Pacific Overhead Conductor Market

Asia Pacific Overhead Conductor Market Trends

Report ID: GMI6641
Published Date: Sep 2023
Report Format: PDF

Download Free Sample

Asia Pacific Overhead Conductor Market Trends

The swift expansion of smart grid infrastructure, combined with the growing trend of upgrading aging transmission networks, is set to stimulate increased adoption of overhead conductors in the Asia Pacific region. These conductors are gaining popularity due to their advantageous qualities, including exceptional tensile strength, enhanced sag resistance, and cost-effective design. These attributes are expected to play a pivotal role in driving the extensive utilization of these products, particularly for the construction of long-span transmission lines. The persistent expansion of extensive transmission lines and the uptake of superconducting cables to meet the rising demand for advanced transmission networks are pivotal factors that will boost the demand for these products.

Authors: Ankit Gupta, Shashank Sisodia

Frequently Asked Questions (FAQ) :

The market size of overhead conductor in Asia Pacific was surpassed USD 335.2 million in 2022 and may witness over 7.6% CAGR from 2023 to 2032, driven by the pressing need for the renewal and substitution of aging grid infrastructure with state-of-the-art transmission lines.

Asia Pacific overhead conductor market size from the > 220 kV to 660 kV voltage rating segment is projected to observe 7.4% CAGR through 2032, due to the growing focus on revamping and reconfiguring traditional electricity infrastructure.

India overhead conductor industry size is expected to register 9.7% growth rate from 2023 to 2032, owing to the growing emphasis on uninterrupted power supply in the region.

3M, ZMS Cable, Hindustan Urban Infrastructure Limited, alfanar Group, Prysmian Group, CABCON INDIA LIMITED, Sterlite Power, Tropical Cable & Conductor Ltd. (TCCL), KEI Industries Limited, and LS Cable & System Ltd.