Market Overview:
The global overhead power cables market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for electricity and rising investments in renewable energy sources. In terms of type, the high voltage segment is expected to dominate the market during the forecast period. This can be attributed to the increasing demand for electricity from utility and industrial sectors across the globe.
Product Definition:
Overhead power cables are used to distribute electricity from a power source to buildings or other facilities. The importance of overhead power cables is that they provide a reliable and efficient way to deliver electricity to consumers.
High Voltage:
High voltage (HV) cables are used for transmission of electric power from the substation to distribution transformers and vice versa. These cables have high insulation resistance, low weight, and are made up of special materials that reduce electrical losses. They also help in increasing efficiency of electricity supply by reducing energy wastage caused due to resistance in current flow between two conductors.
The global overhead power cables market was valued at USD 66 billion in 2015.
Medium Voltage:
Overhead power cables are used for transferring electric energy from the utility source to the overhead lines. The cable is made up of a copper wire, an insulation material, and a protective covering or sheath. Overhead power cables come in different types based on their applications such as distribution feeder, sub-transmission cable, transmission main line and distribution main line among others.
Application Insights:
The utility application segment led the global overhead power cables market and accounted for more than 54.0% share of the overall revenue in 2017. The growth is attributed to an increase in electricity demand across various industrial sectors, including mining, construction, automotive and transportation. Furthermore, rapid urbanization coupled with rising income levels has resulted in a significant rise in residential construction activities across various developing countries such as India, China and Brazil over the past few years. This trend is expected to continue over the forecast period thus driving demand for electricity thereby propelling industry growth during the study period.
Regional Analysis:
Asia Pacific region accounted for the largest market share in 2017 and is expected to continue its dominance over the forecast period. The growth can be attributed to increasing construction activities, especially in developing countries such as China and India. In addition, rising demand for electricity across various industries is anticipated to drive the regional market over the forecast period.
The Middle East & Africa (MEA) region is projected to witness significant growth during the same period owing to increasing government initiatives pertaining utility infrastructure development along with growing investments from foreign players in renewable energy projects. For instance, Dubai’s Rashid Power Plant has a capacity of 1 GW and will include Overhead Power Cables system manufactured by HVEC under an agreement with Siemens AG signed in 2016.
North America was estimated at USD X million in 2017.
Growth Factors:
- Increasing demand from the construction and infrastructure sectors
- Rising demand for electricity due to population growth and industrialization
- Technological advancements in overhead power cables that improve performance and durability
- Stringent government regulations for safety and quality of electrical infrastructure products
- Growing awareness about the benefits of using overhead power cables over traditional wiring methods
Scope Of The Report
Report Attributes
Report Details
Report Title
Overhead Power Cables Market Research Report
By Type
High Voltage, Medium Voltage, Low Voltage
By Application
Utility, Industrial, Renewable Energy, Others
By Companies
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, General Cable Technologies
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
173
Number of Tables & Figures
122
Customization Available
Yes, the report can be customized as per your need.
Global Overhead Power Cables Market Report Segments:
The global Overhead Power Cables market is segmented on the basis of:
Types
High Voltage, Medium Voltage, Low Voltage
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Utility, Industrial, Renewable Energy, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- 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
- General Cable Technologies
Highlights of The Overhead Power Cables Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- High Voltage
- Medium Voltage
- Low Voltage
- By Application:
- Utility
- Industrial
- Renewable Energy
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Overhead Power Cables Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Overhead power cables are used to transmit electrical power from a generator or other source of electricity to an electric utility pole, substation, or other point of distribution.
Some of the major companies in the overhead power cables market are 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, General Cable Technologies.
The overhead power cables market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Overhead Power Cables Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Overhead Power Cables Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Overhead Power Cables Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Overhead Power Cables Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Overhead Power Cables Market Size & Forecast, 2018-2028
4.5.1 Overhead Power Cables Market Size and Y-o-Y Growth
4.5.2 Overhead Power Cables Market Absolute $ Opportunity
Chapter 5 Global Overhead Power Cables Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Overhead Power Cables Market Size Forecast by Type
5.2.1 High Voltage
5.2.2 Medium Voltage
5.2.3 Low Voltage
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Overhead Power Cables Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Overhead Power Cables Market Size Forecast by Applications
6.2.1 Utility
6.2.2 Industrial
6.2.3 Renewable Energy
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Overhead Power Cables Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Overhead Power Cables Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Overhead Power Cables Analysis and Forecast
9.1 Introduction
9.2 North America Overhead Power Cables Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Overhead Power Cables Market Size Forecast by Type
9.6.1 High Voltage
9.6.2 Medium Voltage
9.6.3 Low Voltage
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Overhead Power Cables Market Size Forecast by Applications
9.10.1 Utility
9.10.2 Industrial
9.10.3 Renewable Energy
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Overhead Power Cables Analysis and Forecast
10.1 Introduction
10.2 Europe Overhead Power Cables Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Overhead Power Cables Market Size Forecast by Type
10.6.1 High Voltage
10.6.2 Medium Voltage
10.6.3 Low Voltage
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Overhead Power Cables Market Size Forecast by Applications
10.10.1 Utility
10.10.2 Industrial
10.10.3 Renewable Energy
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Overhead Power Cables Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Overhead Power Cables Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Overhead Power Cables Market Size Forecast by Type
11.6.1 High Voltage
11.6.2 Medium Voltage
11.6.3 Low Voltage
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Overhead Power Cables Market Size Forecast by Applications
11.10.1 Utility
11.10.2 Industrial
11.10.3 Renewable Energy
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Overhead Power Cables Analysis and Forecast
12.1 Introduction
12.2 Latin America Overhead Power Cables Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Overhead Power Cables Market Size Forecast by Type
12.6.1 High Voltage
12.6.2 Medium Voltage
12.6.3 Low Voltage
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Overhead Power Cables Market Size Forecast by Applications
12.10.1 Utility
12.10.2 Industrial
12.10.3 Renewable Energy
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Overhead Power Cables Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Overhead Power Cables Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Overhead Power Cables Market Size Forecast by Type
13.6.1 High Voltage
13.6.2 Medium Voltage
13.6.3 Low Voltage
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Overhead Power Cables Market Size Forecast by Applications
13.10.1 Utility
13.10.2 Industrial
13.10.3 Renewable Energy
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Overhead Power Cables Market: Competitive Dashboard
14.2 Global Overhead Power Cables Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 General Cable Technologies
14.3.2 Southwire
14.3.3 Zhejiang Shengda Steel Tower
14.3.4 KEC International
14.3.5 Kalpataru Power Transmission
14.3.6 Nexans
14.3.7 Prysmian
14.3.8 Shandong DingChang Tower
14.3.9 Nanjing Daji Iron Tower Manufacturing
14.3.10 Sumitomo Electric Industries
14.3.11 General Cable Technologies
