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Global Electrical Conductors Market for Power Industry 2016-2020

Global Electrical Conductors Market for Power Industry 2016-2020

About Electrical Conductor

An electrical conductor is any material that can conduct electricity. A metal wire is a common example of electrical conductor. Electrical conductors form an essential component in the power industry and is responsible for the T&D of electric power. Electrical conductors are used in power cables, transformers, and busbars.

Technavio’s analysts forecast the global electrical conductor market for power industry 2016-2020 to grow at a CAGR of 6.1% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global electrical conductor market for power industry 2016-2020. To calculate the market size, the report covers the present scenario and growth prospects of the global electrical conductor market for the power industry during 2016-2020.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Electrical Conductor Market for Power Industry 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Apar Industries
  • CTC Global
  • General Cable
  • Nexans
  • Sterlite Technologies
Other prominent vendors
  • Grupo Cabelte
  • Lamifil
  • Diamond Power Infrastructure
  • Gupta Power
  • J-Power Systems
  • TELE-FONIKA Kable
  • Midal Cables
  • 3M
Market driver
  • Increased demand for electricity from emerging countries.
  • For a full, detailed list, view our report
Market challenge
  • Competitive market scenario.
  • For a full, detailed list, view our report
Market trend
  • Rise in demand for high-temperature superconducting cables.
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2020 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Electrical Conductor Market for Power Industry 2016-2020

Technavio recognizes the following companies as the key players in the global electrical conductor market for power industry: Apar Industries, CTC Global, General Cable, Nexans, and Sterlite Technologies.

Other prominent vendors in the market are: Grupo Cabelte, Lamifil, Diamond Power Infrastructure, Gupta Power, J-Power Systems, TELE-FONIKA Kable, Midal Cables, and 3M.

Commenting on the report, an analyst from Technavio’s team said: “One of latest trends in the market is rise in demand for high-temperature superconducting cables. A superconducting high power transmission and distribution cable is capable of transmitting and distributing about 5-10 times the electrical current than that carried by a conventional copper or aluminum cable, besides offering a significantly enhanced efficiency. A superconducting power cable system comprises hundreds of strands of superconducting wire wound around a copper core. A cryogenic coolant, which is usually liquid nitrogen refrigerant, operating at 77 K, is used to maintain ideal operating conditions. These cables transmit and distribute electricity at voltage levels ranging from 60 to 765 kV in transmission and 5 to 46 kV in distribution.”

According to the report, one of the primary drivers in the market is increased demand for power generation. The power demand has increased significantly across the globe. Further, growth in population and global economy is expected to drive this trend in future as well. Also, according to the International Energy Agency (IEA), the world power demand is expected to increase from 19,004 TWh in 2011 to 34,454 TWh by 2035. The population rise and growing economic development would require substantial amount of power to sustain in the economy.

Further, the report states that one major challenge in the market is competitive market scenario. The global power cables market gives an opportunity to both large international vendors as well as many regional vendors to operate. Although major vendors such as General Cables, NKT, and ABB have created a brand recognition for their products globally, they still face stiff competition from regional vendors, especially those from China and India, which are the two largest markets for power cables regarding consumption as well as manufacturing. Some of the notable cable manufacturers from these two developing nations include Hanhe Cable Company, Hengtong Marine Cable System, and Zhongtian Technology Submarine Cable from China. International vendors are finding it difficult to compete with domestic manufacturers that offer cable wires at a lower cost. Therefore, price wars resulting from minimal product differentiation are expected. The main differentiation of goods in the market is in the different types of cables used for voltage ranges. However, many vendors are working to offer reliable high-voltage power cables at cheaper rates to stay ahead in the competition.



Companies Mentioned

Apar Industries, CTC Global, General Cable, Nexans, Sterlite Technologies, Grupo Cabelte, Lamifil, Diamond Power Infrastructure, Gupta Power, J-Power Systems, TELE-FONIKA Kable, Midal Cables, 3M.

  • Executive summary
    • Highlights
  • Scope of the report
    • Market overview
      • Table Segmentation of electrical conductors by application
      • Table Key countries in each region
    • Top-vendor offerings
      • Table Product offerings
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
      • Table Benefits of aluminum over copper
      • Table Disadvantages of aluminum over copper
      • Table Material properties of pure copper and aluminum
      • Table Characteristics ratios between copper and aluminum
      • Table Global electrical conductor market for power industry by end-user application 2015 and 2020 ($ billions)
      • Table Global electrical conductor market for power industry by geography
  • Market landscape
    • Market size and forecast
      • Table Impact of global T&D equipment market on global electrical conductor market for power industry 2015-2020
      • Table Global power consumption 2005-2020 (in trillion kWh)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by application
    • Market overview
      • Table Global electrical conductor market for power industry: Application segmentation 2015 and 2020
    • Power cables
      • Table Global power cables market 2015-2020 ($ billions)
      • Table Global electrical conductor market for power industry in power cables segment 2015-2020 ($ billions)
    • Transformer
      • Table Global distribution transformer market 2015-2020 ($ billions)
      • Table Global power transformer market 2015-2020 ($ billions)
      • Table Impact of global transformer market on electrical conductor market for transformer 2015-2020 ($ billions)
    • Busbar
      • Table Global busbar market 2015-2020 ($ billions)
      • Table Global electrical conductor market for power industry in busbar segment 2015-2020 ($ billions)
    • Submarine power cable
      • Table Impact of global submarine power cable market on electrical conductor market for submarine power cable 2015-2020 ($ billions)
  • Geographical segmentation
    • Market overview
      • Table Global electrical conductor market for power industry: Geographic segmentation 2015 and 2020
    • Electrical conductor market in APAC
      • Table T&D line length addition and refurbishment in APAC 2014-2035 (thousand km)
      • Table Electrical conductor market in APAC 2015-2020 ($ billions)
      • Table Submarine power cables laid in APAC reaching life span of 30 years
    • Electrical conductor market in EMEA
      • Table Electrical conductor market for power industry in EMEA 2015-2020 ($ billions)
      • Table T&D line length addition and refurbishment in EMEA 2014-2035 (thousand km)
      • Table Key submarine power cable projects in EMEA
    • Electrical conductor market in Americas
      • Table Electrical conductor market for power industry in Americas 2015-2020 ($ billions)
      • Table Upcoming submarine power cable projects
      • Table T&D line length addition and refurbishment in Americas 2014-2035 (thousand km)
      • Table Submarine power cables laid in Americas reaching life span of 30 years
  • Market drivers
    • Increased demand for power generation
      • Table Countries with renewable targets and policies 2005
      • Table Countries with renewable targets and policies 2015
    • Increase in sales of HVDC submarine power cables
      • Table Global submarine power cables by HVAC and HVDC 2015
    • Increased demand for electricity from emerging countries
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
    • Competitive market scenario
    • Volatile raw material price
      • Table Copper, grade A cathode price 2015 ($ thousand per metric ton)
      • Table Aluminum monthly rate 2015 ($ thousand per metric ton)
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
    • Composite material technology
    • Growing popularity of offshore energy
      • Table Global potential of tidal energy
      • Table Key news in tidal energy power generation
      • Table Global cumulative wind power capacity 2015-2020 (GW)
    • Rise in demand for high-temperature superconducting cables
      • Table High temperature superconducting cable structure
    • Development of smart grids
  • Vendor landscape
    • Competitive scenario
      • Table Key vendors
    • Other prominent vendors
  • Key vendor analysis
    • Apar Industries
    • CTC Global
    • General Cable
    • Nexans
    • Sterlite Technologies
  • Appendix
    • List of abbreviations
  • Explore Technavio

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