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U.S. Transmission Lines Market Share

Report ID: GMI6563
Published Date: Aug 2023
Report Format: PDF

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U.S. Transmission Lines Market Share

The U.S. transmission lines market is at the rim of substantial growth, playing a pivotal role in enhancing energy access, reliability, and sustainability across the country. Major market players are actively engaged in establishing collaborations and partnerships as a strategic approach to secure the necessary financial support for upgrading the electric infrastructure. Moreover, leading industry participants are placing a high priority on forming alliances with government agencies and foreign financial institutions, with the objective of further expanding their footprint and operations within the regional market. The prominent players profiled in the market includes

Nexans
Siemens Energy
ABB
Prysmian Group
CTC Global Corporation
American Wire Group
Quanta Services
Southwire Company, LLC.
Sumitomo Electric Industries, Ltd.
Bekaert

Authors: Ankit Gupta, Shashank Sisodia

Frequently Asked Questions (FAQ) :

The market size for transmission lines in the U.S. reached more than USD 139 million in 2022 and may record over 25.9% CAGR from 2023 to 2032, driven the growing focus on modernization & grid resilience.

The 132 kV to 220 kV transmission lines industry in U.S. exceeded USD 6.2 million in 2022 due to the rising investments in renewable energy ventures.

Demand for conventional transmission lines in the U.S. is anticipated to witness over 25.3% CAGR from 2023 to 2032, owing to the emerging trend for conventional conductors.

Few of the major transmission line firms in the U.S. include Nexans, Siemens Energy, ABB, Prysmian Group, CTC Global Corporation, American Wire Group, Quanta Services, Southwire Company, LLC., Sumitomo Electric Industries, Ltd., and Bekaert.