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.
Offshore windfarms, high voltage direct current links, and grid interconnections are the major drivers of the ACSR market. Increasing need for grid interconnections is resulting in rising investments in the new submarine and underground cables & accessories market over overhead transmission lines.
Asia-Pacific is the largest market for ACSR among other regions studied in this report, and will continue to dominate the ACSR market. China is leading the regional ACSR market, whereas other global key markets include the U.S., India, Germany, U.K., Brazil, and Egypt. The manufacturers and service providers in Asia-Pacific are focusing and creating huge prospects in this service industry. Also, governments, private producers & service providers, and cables & accessories manufacturers are continuously trying to integrate their existing technologies and develop new ones extensively to increase the capacity of high voltage transmission and reduce the impact of high voltage transmission near residential areas. We tend to believe that this industry still has a bright future, considering the current demand of ACSR. As for product prices, the slow downward trend in recent years will continue in the next few years, as competition intensifies. Similarly, there will be fluctuations in gross margin.
For industry structure analysis, the ACSR industry is fragmented. A variety of manufacturers ranging from large multinational corporations to small privately owned companies compete in this industry. The top 11 producers account for about 23% of the revenue market. Regionally, China is the biggest production area of ACSR, also the leader in the whole ACSR industry.
For price trend analysis, a key variable in the performance of ACSR producers is raw material costs, specifically the speed at which any increase can be passed through to customers. The price of the major raw material varies according to the aluminum and the steel price.
The Aluminium Conductor Steel-reinforced Cable (ACSR) Market report analyses the impact of COVID-19 on this industry. COVID-19 can affect the global market in 3 ways: by directly affecting production and demand, by creating supply chain and market disruption, and by its financial impact on enterprises and financial markets.
The report offers detailed coverage of Aluminium Conductor Steel-reinforced Cable (ACSR) industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Aluminium Conductor Steel-reinforced Cable (ACSR) by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
The report forecast global Aluminium Conductor Steel-reinforced Cable (ACSR) market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2027.
First, this report covers the present status and the future prospects of the global Aluminium Conductor Steel-reinforced Cable (ACSR) market for 2015-2027.
Key Companies
Nexans
Southwire Company
General Cable
Apar Industries
Hengtong Group
Sumitomo Electric Industries
LS Cable
Tongda Cable
Hanhe Cable
Saudi Cable Company
K M Cables & Conductors
Aluminium Conductor Steel-reinforced Cable (ACSR) Market by Type
ACSR – Aluminum Conductor Steel-Reinforced
ACSR/AW – Aluminum Conductor Aluminum-Clad Steel-Reinforced
ACSR/TW – Trapezoidal Aluminum Conductor Steel-Reinforced
Aluminium Conductor Steel-reinforced Cable (ACSR) Market by Application
Bare overhead transmission conductor
Primary and secondary distribution conductor
Messenger support
At the same time, we classify Aluminium Conductor Steel-reinforced Cable (ACSR) according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.
The report conveys the entirety of current realities about market definition, orders, applications, and commitment for the Aluminium Conductor Steel-reinforced Cable (ACSR) market that are basic to be victorious inside the market. The principle motivation behind this report is to give a development map with respect to the activities taken by central participants of the Aluminium Conductor Steel-reinforced Cable (ACSR) market like item dispatches, joint endeavors, propensities, consolidations, and acquisitions which is influencing the Aluminium Conductor Steel-reinforced Cable (ACSR) market undertaking in general and furthermore influencing the business, import, fare, income and CAGR values.
Regional Analysis
North America, Latin America, Asia-Pacific countries, Europe, India, China, and over twenty countries have been analyzed based on the different marketing elements such as manufacturing capacity, consumer base, productivity, and profit margin, and ease of business. It is observed that North America, in particular, will show impressive development during the estimated time frame in marketing development. Administration organizations and outsider managers are channelizing their efforts to make client-driven items that will add to the development of an efficient marketing scenario in these regions. As the significant parts of the market business would be all around the globe, Middle East, Africa, North America along with other Asia-Pacific nations shows a great prospect of developing a good market favorable environment.
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Aluminium Conductor Steel-reinforced Cable (ACSR) market for the forecast period 2021 - 2027?
• What are the driving forces in the Aluminium Conductor Steel-reinforced Cable (ACSR) market for the forecast period 2021 - 2027?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Aluminium Conductor Steel-reinforced Cable (ACSR) industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?
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