Global Overhead Power Cables Market Growth 2023-2029
An overhead power cable is a structure used in electric power transmission and distribution to transmit electrical energy along large distances. It consists of one or more conductors (commonly multiples of three) suspended by towers or poles. Since most of the insulation is provided by air, overhead power lines are generally the lowest-cost method of power transmission for large quantities of electric energy.
LPI (LP Information)' newest research report, the “Overhead Power Cables Industry Forecast” looks at past sales and reviews total world Overhead Power Cables sales in 2022, providing a comprehensive analysis by region and market sector of projected Overhead Power Cables sales for 2023 through 2029. With Overhead Power Cables sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Overhead Power Cables industry.
This Insight Report provides a comprehensive analysis of the global Overhead Power Cables landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Overhead Power Cables portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Overhead Power Cables market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Overhead Power Cables and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Overhead Power Cables.
The global Overhead Power Cables market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.
Towers for support of the cables are made of wood (as-grown or laminated), steel or aluminum (either lattice structures or tubular poles), concrete, and occasionally reinforced plastics. The bare wire conductors on the line are generally made of aluminum (either plain or reinforced with steel, or composite materials such as carbon and glass fiber), though some copper wires are used in medium-voltage distribution and low-voltage connections to customer premises. A major goal of overhead power cable design is to maintain adequate clearance between energized conductors and the ground so as to prevent dangerous contact with the line, and to provide reliable support for the conductors, resilience to storms, ice loads, earthquakes and other potential damage causes. Today overhead lines are routinely operated at voltages exceeding 765,000 volts between conductors, with even higher voltages possible in some cases.
This report presents a comprehensive overview, market shares, and growth opportunities of Overhead Power Cables market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
High Voltage
Medium Voltage
Low Voltage
Segmentation by application
Utility
Industrial
Renewable Energy
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
General Cable Technologies
Southwire
Zhejiang Shengda Steel Tower
KEC International
Kalpataru Power Transmission
Nexans
Prysmian
Shandong DingChang Tower
Nanjing Daji Iron Tower Manufacturing
Sumitomo Electric Industries
Key Questions Addressed in this Report
What is the 10-year outlook for the global Overhead Power Cables market?
What factors are driving Overhead Power Cables market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Overhead Power Cables market opportunities vary by end market size?
How does Overhead Power Cables break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.