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Global Aluminium Conductor Steel-reinforced Cable (ACSR) Market Growth 2023-2029
Product Code:457351
Published Date: Feb 08,2023
Pages: 106
Region: Global
Category: Electronics & Semiconductor
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This report studies the ACSR market, Aluminium conductor steel-reinforced cable (ACSR) is a type of high-capacity, high-strength stranded conductor typically used in overhead power lines. It is concentrically stranded conductor with one or more layers of hard drawn 1350-H19 aluminium wire on galvanized steel wire core. The core can be single wire or stranded depending on the size. Steel core wire is available in ACSR, ACSR/TW or ACSR/AW for corrosion protection. Additional corrosion protection is available through the application of grease to the core or infusion of the completed conductor with grease. The proportion of steel and aluminium in an ACSR conductor can be selected based on the mechanical strength and current carrying capacity demanded by each application. ACSR conductors are recognized for their record of economy, dependability and favourable strength / weight ratio. ACSR conductors combine the light weight and good conductivity of aluminium with the high tensile strength and ruggedness of steel. In line design, this can provide higher tensions, less sag, and longer span lengths than obtainable with most other types of overhead conductors. All Aluminium Conductors Steel Reinforced (ACSR) consists of stranded or solid steel core enclosed by strands of aluminum. These ACSR conductors are made available in broad range of steels varying from as low as 6% to as high as 40 %. The superior strength of these conductors is ideal for overhead ground wires, river crossings, installations involving extra long span and many other applications. Manufactured using best quality materials, these conductors ensure high tensile strength. Light in weight, these ACSR conductors a higher corona limit can be acquired causing huge advantages on high as well as extra high voltage overhead lines.
LPI (LP Information)' newest research report, the “Aluminium Conductor Steel-reinforced Cable (ACSR) Industry Forecast” looks at past sales and reviews total world Aluminium Conductor Steel-reinforced Cable (ACSR) sales in 2022, providing a comprehensive analysis by region and market sector of projected Aluminium Conductor Steel-reinforced Cable (ACSR) sales for 2023 through 2029. With Aluminium Conductor Steel-reinforced Cable (ACSR) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Aluminium Conductor Steel-reinforced Cable (ACSR) industry.
This Insight Report provides a comprehensive analysis of the global Aluminium Conductor Steel-reinforced Cable (ACSR) 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 Aluminium Conductor Steel-reinforced Cable (ACSR) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Aluminium Conductor Steel-reinforced Cable (ACSR) market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Aluminium Conductor Steel-reinforced Cable (ACSR) 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 Aluminium Conductor Steel-reinforced Cable (ACSR).
The global Aluminium Conductor Steel-reinforced Cable (ACSR) market size is projected to grow from US$ 3010.1 million in 2022 to US$ 3809.8 million in 2029; it is expected to grow at a CAGR of 3809.8 from 2023 to 2029.
Global Aluminium Conductor Steel-reinforced Cable (ACSR) key players include Nexans, Southwire Company, Apar Industries, General Cable, Hengtong Group, etc. Global top five manufacturers hold a share over 15%. China is the largest market, with a share over 55%, followed by Europe and North America, total have a share over 25 percent. In terms of product, ACSR/AW is the largest segment, with a share about 40%. And in terms of application, the largest application is Primary and secondary distribution conductor, followed by Bare overhead transmission conductor, Messenger support.
This report presents a comprehensive overview, market shares, and growth opportunities of Aluminium Conductor Steel-reinforced Cable (ACSR) market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
ACSR – Aluminum Conductor Steel-Reinforced
ACSR/AW – Aluminum Conductor Aluminum-Clad Steel-Reinforced
ACSR/TW – Trapezoidal Aluminum Conductor Steel-Reinforced
Segmentation by application
Bare Overhead Transmission Conductor
Primary and Secondary Distribution Conductor
Messenger Support
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.
Nexans
Southwire
General Cable
Apar Industries
Hengtong
Sumitomo Electric Industries
LS Cable
Tongda Cable
Hanhe Cable
Saudi Cable
K M Cables & Conductors
Key Questions Addressed in this Report
What is the 10-year outlook for the global Aluminium Conductor Steel-reinforced Cable (ACSR) market?
What factors are driving Aluminium Conductor Steel-reinforced Cable (ACSR) market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Aluminium Conductor Steel-reinforced Cable (ACSR) market opportunities vary by end market size?
How does Aluminium Conductor Steel-reinforced Cable (ACSR) break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?