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Nexans, CTC Global, Sterlite Power, and Prysmian command a substantial share of the conventional overhead conductor industry, leveraging their leadership through strategic investments in transmission projects. These industry leaders focus on enhancing their competitive position by introducing cutting-edge technologies and innovative components, which have significantly influenced positive market dynamics and reinforced their dominance in the sector.
Major players operating in the conventional overhead conductor industry are:
Key players in the industry include 3M, Bekaert, Cabcon India, CMI, CTC Global, Eland Cables, Elsewedy Electric, Galaxy Transmissions, Gupta Power, Hindustan Urban Infrastructure, KEI Industries, LS Cable & System, Nexans, Prysmian Group, Priority Wire & Cable, Inc., Special Cables, Sterlite Power, Sumitomo Electric, Southwire Company, LLC, Tropical Cable & Conductor, ZMS Cable, and ZTT.
The > 220 kV to 660 kV segment is expected to exceed USD 334 million by 2034, led by efforts to modernize electricity infrastructure and enable efficient long-distance power transmission.
The global market for conventional overhead conductor was reached USD 473.3 million in 2024 and is projected to grow at a 5.8% CAGR from 2025 to 2034, driven by advancements in material science and increasing electricity demand.
The ultra high tension overhead conductor market is anticipated to grow at a CAGR of over 6% through 2034, fueled by rising electricity demand in developing regions and favorable policies supporting cross-border transmission initiatives.
The U.S. conventional overhead conductor market is projected to surpass USD 29 million by 2034, propelled by investments in grid modernization and the need for efficient power transmission solutions.