Global Aerial Bunched Cables (ABC) Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global Aerial Bunched Cables (ABC) Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

According to our (Global Info Research) latest study, the global Aerial Bunched Cables (ABC) market size was valued at USD 3519 million in 2023 and is forecast to a readjusted size of USD 4607 million by 2030 with a CAGR of 3.9% during review period.

Aerial bundled cables (also aerial bundled conductors or simply ABC) are overhead power lines using several insulated phase conductors bundled tightly together, usually with a bare neutral conductor. This contrasts with the traditional practice of using uninsulated conductors separated by air gaps. This variation of bundled conductors utilizes the same principles as overhead power lines, except that they are closer together to the point of touching but each conductor is surrounded by an insulating layer (except for the neutral line).

The aerial bunched cables (ABC) market is driven by several factors that contribute to its growth and adoption. Some of the key market drivers include:

Increasing demand for electricity distribution: With the growing population and urbanization, there is a significant increase in the demand for electricity worldwide. Aerial bunched cables are widely used for overhead power distribution networks, especially in rural and remote areas. The need for efficient and reliable electricity distribution infrastructure is a major driver for the ABC market.

Advantages over conventional bare conductors: Aerial bunched cables offer several advantages over conventional bare conductors, such as reduced electrical losses, improved safety, and reduced maintenance costs. These cables provide insulation and protection against environmental factors like moisture, UV radiation, and wildlife interference. The superior performance and cost-effectiveness of ABCs compared to traditional power lines drive their market demand.

Government initiatives for rural electrification: Many governments across the world have launched initiatives to provide electricity access to rural and remote areas. Aerial bunched cables are preferred in these projects due to their ability to withstand harsh weather conditions and their ease of installation. Government support and funding for rural electrification programs drive the demand for ABCs.

Increasing renewable energy installations: The shift towards renewable energy sources like solar and wind power has led to an increase in the installation of power generation plants in remote areas. Aerial bunched cables are extensively used to connect these renewable energy installations to the grid. The growth of the renewable energy sector fuels the demand for ABCs.

Growing infrastructure development: Rapid infrastructure development, including residential, commercial, and industrial sectors, creates a need for reliable and efficient power transmission and distribution networks. Aerial bunched cables provide a viable solution for such applications due to their flexibility, high load-bearing capacity, and easy installation. The expanding infrastructure projects worldwide drive the ABC market.

Technological advancements: Continuous advancements in cable manufacturing technologies, such as improved insulation materials, higher conductor efficiencies, and enhanced durability, are driving the market for aerial bunched cables. These advancements result in cables with better electrical performance and reduced maintenance requirements, further boosting their adoption.

Increasing focus on safety and reliability: Safety and reliability are crucial factors in power distribution systems. Aerial bunched cables offer enhanced safety features like reduced risk of electric shock, improved protection against short circuits, and lower fire hazards compared to bare conductors. The growing emphasis on safety standards and regulations drives the demand for ABCs.

The Global Info Research report includes an overview of the development of the Aerial Bunched Cables (ABC) industry chain, the market status of Industrial Use (Duplex Service Drop Cable, Triplex Service Drop Wire), Utilities Use (Duplex Service Drop Cable, Triplex Service Drop Wire), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Aerial Bunched Cables (ABC).

Regionally, the report analyzes the Aerial Bunched Cables (ABC) markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Aerial Bunched Cables (ABC) market, with robust domestic demand, supportive policies, and a strong manufacturing base.

Key Features:

The report presents comprehensive understanding of the Aerial Bunched Cables (ABC) market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Aerial Bunched Cables (ABC) industry.

The report involves analyzing the market at a macro level:

Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (Km), revenue generated, and market share of different by Type (e.g., Duplex Service Drop Cable, Triplex Service Drop Wire).

Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Aerial Bunched Cables (ABC) market.

Regional Analysis: The report involves examining the Aerial Bunched Cables (ABC) market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.

Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Aerial Bunched Cables (ABC) market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.

The report also involves a more granular approach to Aerial Bunched Cables (ABC):

Company Analysis: Report covers individual Aerial Bunched Cables (ABC) manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.

Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Aerial Bunched Cables (ABC) This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Industrial Use, Utilities Use).

Technology Analysis: Report covers specific technologies relevant to Aerial Bunched Cables (ABC). It assesses the current state, advancements, and potential future developments in Aerial Bunched Cables (ABC) areas.

Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Aerial Bunched Cables (ABC) market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.

Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.

Market Segmentation

Aerial Bunched Cables (ABC) market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.

Market segment by Type
Duplex Service Drop Cable
Triplex Service Drop Wire
Quadruplex Service Drop Cable
Others

Market segment by Application
Industrial Use
Utilities Use
Others

Major players covered
Prysmian Group
Nexans
Apar Industries
Tratos Group
Henan Tong-Da Cable
Ruierda-Cable
Zhengzhou Huawei Metal Materials
Henan Hongda Cable
Hongyue Cable
Honghaixianlan
Xilong Wire Cable
Guangdong Cable Factory
Huadong Cable Group
Guowang Cable Group
Interbath Cable
Huaxing Wires and Cables
ZMS Cables
Jinling Cable
Jenuincable
Tano Cable
New Luxing
Huatong Cable
Sanheng Industrial
UME CABLE
Sichuan Zhongtian
Step Cables
Jigar Cables
Grand Cable
JYTOP Cable
Dynamic Cables
Eland Cables
Sturdy Industries
Step Industries
NGOC LAN CABLE
Relemac Technologies
SPEPL
Lumino Industries
Marco Cables
Tonn Cable
EMTA Cable

Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Aerial Bunched Cables (ABC) product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Aerial Bunched Cables (ABC), with price, sales, revenue and global market share of Aerial Bunched Cables (ABC) from 2019 to 2024.

Chapter 3, the Aerial Bunched Cables (ABC) competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Aerial Bunched Cables (ABC) breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.

Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and Aerial Bunched Cables (ABC) market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.

Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Aerial Bunched Cables (ABC).

Chapter 14 and 15, to describe Aerial Bunched Cables (ABC) sales channel, distributors, customers, research findings and conclusion.