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Overhead Conductor Market Trends

Report ID: GMI2293
Published Date: Jul 2024
Report Format: PDF

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Overhead Conductor Market Trends

The market is expected to see continued growth due to increasing investments in power infrastructure, the integration of renewable energy sources, and the modernization of existing grids. The development of new technologies such as high-temperature conductors and green overhead conductors will enhance market prospects?. In addition, rapid urbanization, and the growing need for electrification especially in emerging ec

Authors: Ankit Gupta, Shashank Sisodia

Frequently Asked Questions (FAQ) :

The market size of overhead conductor was reached USD 563.7 million in 2023 and will grow at 7.5% CAGR from 2024 to 2032, owing to the increasing peak load demand.

The conventional segment in the overhead conductor market is anticipated to surpass USD 646 million by 2032, due to ongoing investments in power infrastructure.

Asia Pacific overhead conductor market is anticipated to exceed USD 625 million by 2032, owing to increasing investments in upgrading & expansion of electric infrastructure and power capacities.

Alcon Marepha, APAR, Bekaert, CABCON INDIA LIMITED, CMI Limited, CTC Global Corporation, Eland Cables, Elsewedy Electric, Gulf Cable & Electrical Industries Co, and Gupta Power among others.