Market Overview:
The global overhead ground wire 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 transmission and distribution infrastructure. In terms of type, the central tube structure segment is expected to lead the global overhead ground wire market during the forecast period. This can be attributed to its high strength and durability as compared to other types of overhead ground wires.
Product Definition:
The overhead ground wire is a metal conductor that is installed on the top of electric transmission and distribution lines to provide a path for electricity to flow safely to the ground if there is an accident or fault on the line. The overhead ground wire helps protect people and property from being injured or damaged by electrical energy.
Central Tube Structure:
Central tube structure is a type of construction used in overhead ground wire applications. It consists of two or more wires that are enclosed in an insulating material and then connected at both ends. The central portion of the tube is filled with an electrically conductive compound, which allows the wires to make contact and form an electrical circuit.
The compound can be made from materials such as copper, aluminum, magnesium, etc., depending on the application requirements.
Layer Stranding Structure:
The layer strand structure is a method of constructing overhead ground wires by using several insulated layers of wire, supported by insulators. The number of layers used in the construction depends on the overall electrical conductivity required for a particular application.
This structure provides high electrical insulation and mechanical strength to support heavy loads at considerable distances from the surface. It also offers flexibility in design as it can be installed either above or below ground level depending upon its usage and location within an infrastructure.
Application Insights:
The below 110KV application segment accounted for the largest market share in 2017 and is projected to witness significant growth over the forecast period. This can be attributed to increasing power distribution & industrial networks across developing countries. The demand for OGSW is expected to increase as a result of growing power distribution & industrial networks, especially in emerging countries of Latin America and Asia Pacific.
The 220KV-330KV application segment was valued at USD 1,252.0 million in 2017 owing to high voltage insulation requirements between conductors and ground wires at different levels along with other overhead line equipment components such as insulators, crossarms etc.
Regional Analysis:
Asia Pacific was the largest regional market in 2017 and is expected to continue its dominance over the forecast period. The region has been witnessing rapid growth of power distribution and transmission infrastructure, especially in China, India, Japan, South Korea, Taiwan Province of China (Taiwan), Indonesia and Malaysia. This trend is projected to continue over the next eight years thereby driving OGW market demand across Asia Pacific region.
The Middle East & Africa OGW market accounted for a significant share owing to increasing number of power projects being built across Saudi Arabia and UAE due to rising electricity demand from growing population coupled with government initiatives such as Dubai’s Energy Strategy 2030 that aims at reducing energy dependence on imports by 50% by 2030 are likely drive this industry growth in MEA region.
Growth Factors:
- Increasing demand for overhead ground wire in the construction and infrastructure sector
- Growing number of electrical installations and replacement activities across the globe
- Rising concerns over safety and security issues, which is boosting the demand for overhead ground wire
- Proliferation of advanced technologies that are helping to improve the efficiency of overhead ground wire systems
- Increasing investments by key players in research and development to develop new products
Scope Of The Report
Report Attributes
Report Details
Report Title
Overhead Ground Wire Market Research Report
By Type
Central Tube Structure, Layer Stranding Structure
By Application
Below 110KV, 110KV-220KV, 220KV-330KV, 500KV, Above 500KV
By Companies
Fujikura, ZTT, NKT Cables, Tongguang Cable, Shenzhen SDG, Furukawa, LS Cable, Jiangsu Hongtu, Taihan, Sichuan Huiyuan, Elsewedy Cables, Tratos, J-Power Systems
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
248
Number of Tables & Figures
174
Customization Available
Yes, the report can be customized as per your need.
Global Overhead Ground Wire Market Report Segments:
The global Overhead Ground Wire market is segmented on the basis of:
Types
Central Tube Structure, Layer Stranding Structure
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
Below 110KV, 110KV-220KV, 220KV-330KV, 500KV, Above 500KV
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:
- Fujikura
- ZTT
- NKT Cables
- Tongguang Cable
- Shenzhen SDG
- Furukawa
- LS Cable
- Jiangsu Hongtu
- Taihan
- Sichuan Huiyuan
- Elsewedy Cables
- Tratos
- J-Power Systems
Highlights of The Overhead Ground Wire 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:
- Central Tube Structure
- Layer Stranding Structure
- By Application:
- Below 110KV
- 110KV-220KV
- 220KV-330KV
- 500KV
- Above 500KV
- 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 Ground Wire 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 ground wire is a type of electrical wiring that is installed overhead in buildings and other structures. It's used to carry electric power, telephone lines, and other types of communications cables.
Some of the major companies in the overhead ground wire market are Fujikura, ZTT, NKT Cables, Tongguang Cable, Shenzhen SDG, Furukawa, LS Cable, Jiangsu Hongtu, Taihan, Sichuan Huiyuan, Elsewedy Cables, Tratos, J-Power Systems.
The overhead ground wire market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Overhead Ground Wire Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Overhead Ground Wire Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Overhead Ground Wire Market - Supply Chain
4.5. Global Overhead Ground Wire Market Forecast
4.5.1. Overhead Ground Wire Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Overhead Ground Wire Market Size (000 Units) and Y-o-Y Growth
4.5.3. Overhead Ground Wire Market Absolute $ Opportunity
5. Global Overhead Ground Wire Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Overhead Ground Wire Market Size and Volume Forecast by Type
5.3.1. Central Tube Structure
5.3.2. Layer Stranding Structure
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Overhead Ground Wire Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Overhead Ground Wire Market Size and Volume Forecast by Application
6.3.1. Below 110KV
6.3.2. 110KV-220KV
6.3.3. 220KV-330KV
6.3.4. 500KV
6.3.5. Above 500KV
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Overhead Ground Wire Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Overhead Ground Wire Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Overhead Ground Wire Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Overhead Ground Wire Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Overhead Ground Wire Demand Share Forecast, 2019-2029
9. North America Overhead Ground Wire Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Overhead Ground Wire Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Overhead Ground Wire Market Size and Volume Forecast by Application
9.4.1. Below 110KV
9.4.2. 110KV-220KV
9.4.3. 220KV-330KV
9.4.4. 500KV
9.4.5. Above 500KV
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Overhead Ground Wire Market Size and Volume Forecast by Type
9.7.1. Central Tube Structure
9.7.2. Layer Stranding Structure
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Overhead Ground Wire Demand Share Forecast, 2019-2029
10. Latin America Overhead Ground Wire Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Overhead Ground Wire Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Overhead Ground Wire Market Size and Volume Forecast by Application
10.4.1. Below 110KV
10.4.2. 110KV-220KV
10.4.3. 220KV-330KV
10.4.4. 500KV
10.4.5. Above 500KV
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Overhead Ground Wire Market Size and Volume Forecast by Type
10.7.1. Central Tube Structure
10.7.2. Layer Stranding Structure
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Overhead Ground Wire Demand Share Forecast, 2019-2029
11. Europe Overhead Ground Wire Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Overhead Ground Wire Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Overhead Ground Wire Market Size and Volume Forecast by Application
11.4.1. Below 110KV
11.4.2. 110KV-220KV
11.4.3. 220KV-330KV
11.4.4. 500KV
11.4.5. Above 500KV
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Overhead Ground Wire Market Size and Volume Forecast by Type
11.7.1. Central Tube Structure
11.7.2. Layer Stranding Structure
11.8. Basis Point Share (BPS) Aalysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Overhead Ground Wire Demand Share, 2019-2029
12. Asia Pacific Overhead Ground Wire Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Overhead Ground Wire Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Overhead Ground Wire Market Size and Volume Forecast by Application
12.4.1. Below 110KV
12.4.2. 110KV-220KV
12.4.3. 220KV-330KV
12.4.4. 500KV
12.4.5. Above 500KV
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Overhead Ground Wire Market Size and Volume Forecast by Type
12.7.1. Central Tube Structure
12.7.2. Layer Stranding Structure
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Overhead Ground Wire Demand Share, 2019-2029
13. Middle East & Africa Overhead Ground Wire Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Overhead Ground Wire Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Overhead Ground Wire Market Size and Volume Forecast by Application
13.4.1. Below 110KV
13.4.2. 110KV-220KV
13.4.3. 220KV-330KV
13.4.4. 500KV
13.4.5. Above 500KV
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Overhead Ground Wire Market Size and Volume Forecast by Type
13.7.1. Central Tube Structure
13.7.2. Layer Stranding Structure
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Overhead Ground Wire Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Overhead Ground Wire Market: Market Share Analysis
14.2. Overhead Ground Wire Distributors and Customers
14.3. Overhead Ground Wire Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Fujikura
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. ZTT
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. NKT Cables
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Tongguang Cable
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Shenzhen SDG
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Furukawa
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. LS Cable
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Jiangsu Hongtu
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Taihan
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Sichuan Huiyuan
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Elsewedy Cables
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Tratos
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. J-Power Systems
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
