Overhead power cables market Size is estimated in terms of xx% CAGR during the forecast period of 2027.
Asia Pacific held the largest share within the overhead power cables market, and is expected to retain its majority by 2022. This region is expected to be fastest growing market for overhead power cables. China and India will drive the market due to factors like rising growth in transmission and distribution network. Huge investments in overhead power cables infrastructure by Saudi Arabia and others countries are expected to drive the market in the Middle East. Middle East is expected to be second fastest growing market for transmission cables.
The key players of Global Overhead Power Cables Market Report Include- General Cable Technologies Corp., Southwire Co. LLC, Zhejiang Shengda Steel Tower Co. Ltd., KEC International Ltd., Kalpataru Power Transmission Ltd., Nexans S.A., Prysmian S.p.A., Shandong DingChang Tower Co. Ltd., Nanjing Daji Iron Tower Manufacturing Co. Ltd., and Sumitomo Electric Industries Ltd.
Overhead Power Cables Market, by Region (USD Million)
Study Objectives of Global Overhead Power Cables Market
Overhead Power Cables is essential equipment used to carry and transmit the electricity through transmission and distribution network. Rising inclusion of renewable power resources,high quality and uninterrupted electricity, upgradation of aging grid infrastructure result in the growth of the Overhead Power Cables market.Rapid industrialization and urbanization are the major factors in the global overhead power cables market.
The report covers brief analysis of country level market information
Middle East & Africa
Latin and Central America
|Market Size||2027: Significant Value|
|CAGR||2027: Substantial CAGR|
|Forecast Units||Value (USD Million)|
|Report Coverage||Revenue Forecast, Competitive Landscape, Growth Factors, and Trends|
|Segments Covered||Product Type , Voltage , Users|
|Geographies Covered||North America, Europe, Asia-Pacific, and Rest of the World (RoW)|
|Key Vendors||General Cable Technologies Corp., Southwire Co. LLC, Zhejiang Shengda Steel Tower Co. Ltd., KEC International Ltd., Kalpataru Power Transmission Ltd., Nexans S.A., Prysmian S.p.A., Shandong DingChang Tower Co. Ltd., Nanjing Daji Iron Tower Manufacturing Co. Ltd., and Sumitomo Electric Industries Ltd.|
|Key Market Opportunities||New product launches and R&D Amongst major key Players|
|Key Market Drivers||
Frequently Asked Questions (FAQ) :
The overhead power cables market can surge at a high CAGR in the evaluation span.
The worldwide market of overhead power cables can generate substantial turnover by the end of the evaluation period.
Kalpataru Power Transmission Ltd., Prysmian S.p.A., Nexans S.A., and Shandong DingChang Tower Co. Ltd are some key players of the overhead power cables market.
The need for upgrading power grid infrastructure can prompt the overhead power cables market growth.
The surge in electricity consumption can bolster the overhead power cables market expansion in APAC.