Global Aluminium Conductor Steel-reinforced Cable (ACSR) Market By Type (ACSR - Aluminum Conductor Steel-Reinforced, ACSR/AW - Aluminum Conductor Aluminum-Clad Steel-Reinforced, and ACSR/TW - Trapezoidal Aluminum Conductor Steel-Reinforced), By Application (Bare overhead transmission conductor, Primary and secondary distribution conductor, and Messenger support), By Region and Key Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2021-2030 (Includes Business Impact of COVID-19)

  • TBI963142
  • September 16, 2021
  • Global
  • 145 pages
  • Market.US
                                          

Report updated on 11th September, 2021: Global Aluminium Conductor Steel-reinforced Cable (ACSR) Market By Type (ACSR - Aluminum Conductor Steel-Reinforced, ACSR/AW - Aluminum Conductor Aluminum-Clad Steel-Reinforced, and ACSR/TW - Trapezoidal Aluminum Conductor Steel-Reinforced), By Application (Bare overhead transmission conductor, Primary and secondary distribution conductor, and Messenger support), By Region and Key Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2021-2030 (Includes Business Impact of COVID-19)

Trusted Business Insights has published a comprehensive market research report on, Global Aluminum Conductor Steel-reinforced Cable (ACSR) Market By Product Type (ACSR, ACSR/AW -Aluminum Conductor Aluminum-Clad Steel-Reinforced, ACSR/TW -Trapezoidal Aluminum Conductor Steel-Reinforced), By Application (Bare overhead transmission conductor, Primary and secondary distribution conductor, Other Application), and by Region -Global Forecast to 2030, which offers a holistic view of the global Aluminum Conductor Steel-reinforced Cable (ACSR) market through systematic segmentation that covers every aspect of the target market. The global Aluminum Conductor Steel-reinforced Cable (ACSR) market is projected to be US$ 3103.3 Mn in 2020 to reach US$ 3818.3 Mn by 2030 at a CAGR of 2.2%. Aluminum conductor steel-reinforced cables (ACSR) are usually used in overhead power lines, owing to their high strength and high capacity. Earlier, conductors used for transmission and distribution lines were primarily made of copper, however, over the years aluminum has entirely replaced copper because of its excellent conductivity, low cost, light-weight, and similar resistance. The outer strands of these cables are made of high-grade aluminum, while the center strand is made of steel since steel has higher strength than aluminum and provides support for additional mechanical tension applied on the conductor. The ratio of aluminum and steel in ACSR cables depends on the mechanical strength and current capacity required by various applications. Moreover, steel also deforms less due to mechanical loading and has a lower coefficient of thermal expansion, which allows these ACSR cables to sag less, as compared to all-aluminum conductors. Transmission and distribution systems compose the entire power network. However, both systems have different functions. Transmission lines deliver the bulk power generating stations to power stations and large industrial consumers, whereas distribution lines carry the power from sub-stations to domestic and commercial users, and this power is usually transmitted either by employing overhead or underground systems. ACSR cables are majorly used in overhead systems, owing to their economic advantage, high strength, favorable design to provide higher tension, lower sag, and longer span lengths, compared to any other conductors.

Global Aluminum Conductor Steel-reinforced Cable (ACSR) Market Revenue (US$ Mn), 2021 to 2030

Boisterous industrial growth, particularly in emerging economies such as India, China, Brazil, Mexico, etc. have significantly impacted the power demand, which is expected to drive the growth of the global aluminum conductor steel-reinforced cables (ACSR) market. Transport is has emerged as a critical end-user segment that is likely to have high energy demands over the coming years. Electrification in the transport sector, including the advent of electric vehicles both in commercial and passenger segments, is expected to account for a significant share of power consumption. Also, initiatives by governments of several countries to reduce the carbon footprint and preservation of depleting fossil fuels are anticipated to drive the growth of electric vehicles, thereby providing lucrative opportunities for players in the global aluminum conductor steel-reinforced cables market. Global Aluminum Conductor Steel-reinforced Cable (ACSR) market is segmented based on product type, application, and region. Based on product type, the market is segmented into ACSR, ACSR/AW -Aluminum Conductor Aluminum-Clad Steel-Reinforced, ACSR/TW -Trapezoidal Aluminum Conductor Steel-Reinforced. The ACSR segment accounts for the majority share and is expected to register the highest growth over the forecast period, followed by ACSR/AW -Aluminum Conductor Aluminum-Clad Steel-Reinforced segment. Based on application, the market is segmented into Bare overhead transmission conductor, Primary and secondary distribution conductor, Other Application. The Primary and secondary distribution conductor segment accounts for a majority share in the global Aluminum Conductor Steel-reinforced Cable (ACSR) market.

Global Aluminum Conductor Steel-reinforced Cable (ACSR) Market by Product Type

Based on region, the market is segmented into North America, Europe, APAC, South America, and Middle East Africa. The APAC accounts for the majority share in the global Aluminum Conductor Steel-reinforced Cable (ACSR) market, followed by North America. The research report on the global Aluminum Conductor Steel-reinforced Cable (ACSR) market includes profiles of some of major companies such as Nexans S.A., Prysmian, Hengtong Optic-Electric Co., Ltd., LS Corp., Saudi Cable Company, Southwire Company, LLC, Apar Industries Limited, Sumitomo Electric Industries, Ltd., POSCO, Qingdao Hanhe Cable Company Limited etc.

Below are the active patents related to Aluminium Conductor Steel-reinforced Cable (ACSR) Market.

Patent Number:- US7438971B2 Aluminum conductor composite core reinforced cable and method of manufacture Abstract This invention relates to an aluminum conductor composite core reinforced cable and method of manufacture. The composite core comprises a plurality of longitudinally extending fibers embedded in a resin matrix. The composite core comprises the following characteristics: tensile strength ranging from about 250 to about 350 Ksi; a tensile modulus of elasticity ranging from about 12 to about 16 Msi; and a coefficient of thermal expansion less than or equal to about to about 6×10-6 cm/cm degree C. he composite core is further manufactured according to a one or more die pultrusion system, the system comprising tooling designed in accordance with the processing speed, selection of composite core fibers and resin and desired physical characteristics of the end composite core. Application File Date:- 2005-08-23 Application Granted Date:- 2008-10-21 Current Assignee:- CTC GLOBAL Corp Patent Number:- CN102957002A Full tension swaged connector for reinforced cable Abstract The invention refers to a full tension swaged connector for a reinforced cable. An improved cable connector includes a connector insert having an axial bore dimensioned to receive the core of a reinforced cable. A connector body has a substantially cylindrical outer surface and a substantially cylindrical cavity. A distal portion of the cavity is dimensioned to receive the connector insert. A second portion of the cavity proximally displaced from the distal portion is dimensioned to receive the conductor strands of the cable. The connector body may be configured with one or more additional portions of the cavity having progressively increasing diameters, the number of such portions depending on the size of the cable. Alternatively, the inner surface of the cavity may have a slight taper. Using a single die, the connector body is compressed with a swaging tool at several axially spaced apart locations to grip the conductor strands and also to grip the connector insert. Application File Date:- 2012-07-12 Application Granted Date:- 2016-02-03 Inventor:- Els Hansa Luis Sousa

Key Market Segments

By Type
  • ACSR -Aluminum Conductor Steel-Reinforced
  • ACSR/AW -Aluminum Conductor Aluminum-Clad Steel-Reinforced
  • ACSR/TW -Trapezoidal Aluminum Conductor Steel-Reinforced
By Application
  • Bare overhead transmission conductor
  • Primary and secondary distribution conductor
  • Messenger support

Key Market Players included in the report:

  • Apar Industries Limited
  • Conductors
  • General Cable
  • Hanhe Cable
  • Hengtong Optic-Electric Co. Ltd.
  • K M Cables & Conductors
  • LS Cable
  • Nexans S.A.
  • POSCO
  • Prysmian
  • Qingdao Hanhe Cable Company Limited
  • Saudi Cable Company
  • Southwire Company LLC
  • Sumitomo Electric Industries Ltd.
  • Tongda Cable

Below are the key development related to Aluminium Conductor Steel-reinforced Cable (ACSR) Market in 2020 and 2021.

July 2021: French cable manufacturer Nexans SA (EPA:NEX) has opened a cable harness production plant in the Chinese city of Tianjin, expanding its global wind power footprint that also includes similar facilities in Denmark and Poland. Source June 2021: Cable giant Prysmian reels in $900m first link in the US clean energy grid. Italian cabling giant Prysmian has been awarded a $900m deal to deliver a first-of-a-kind high-voltage direct current (HVDC) transmission line being laid by developer Direct Connect to link renewable energy production from the US heartland with large population centres in the north-east and mid-Atlantic states. Source

Chapter 1 Global Aluminum Conductor Steel-reinforced Cable (ACSR) Market Overview

1.1 Introduction
1.2 Drivers for Global Aluminum Conductor Steel-Reinforced Cables (ACSR) Market
1.3 Restraints for Global Aluminum Conductor Steel-Reinforced Cables (ACSR) Market
1.4 Opportunities for Global Aluminum Conductor Steel-Reinforced Cables (ACSR) Market
1.5 PEST Analysis
1.6 PORTER'S Five Forces Analysis
1.7 Regional Market Share and BPS Analysis
1.8 Market Investment Feasibility Analysis
1.9 Opportunity Orbits
1.10 Macro-Economic Factors
1.11 Import Export Data

1.11.1 Import-Export of Aluminum Stee
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