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Global ACSR Industry Market Report by 2026

According to the report, the ACSR market is expected to grow from USD 2,994 million in 2019 to USD 3,322 million by 2026, growing at a CAGR of 1.50% from 2019 to 2026.

  • Base Year: 2018
  • Estimated Year: 2019
  • Forecast Period: 2019 to 2026

Market Overview

The global ACSR market is estimated to be USD 2,994 million in 2019 and is expected to reach USD 3,322 million by 2026, with a CAGR of 1.50% during the forecast period.

With the recovery of the global economy and the development of emerging powers, the ACSR market is endowed with a promising future. Moreover, the growing population, the rise in technological advancements and the growing disposable income are driving the market.

Aluminum 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 aluminum wire on galvanized steel wire core. The core can be a single wire or stranded depending on the size. The 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.

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Competitive Insights

Key players operating in this market include Nexans, Midal Cables Ltd., Apar IndGermanytries, Prysmian Group, Southwire Company, General Cable, 3M, Hengtong Group, K M Cables & Conductors, and Tongda Cable.

Regional Insights

Europe is the global market leader at a share of 30.21%. North America is currently leading the Asia-Pacific with a share of 27.63% and 27.46%.

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Type Insights

  • ACSR
  • ACSR/AW
  • ACSR/TW

Application Insights

  • Primary and Secondary Distribution Conductor
  • Bare Overhead Transmission Conductor
  • Messenger Support
  • Others

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Audience

  • ACSR manufacturers
  • Distributors and resellers of ACSR
  • ACSR industry associations
  • Product managers, ACSR industry administrator, C-level executives of the industries
  • Market Research and consulting firms
  • Small and Medium-sized Enterprises (SMEs)
  • Raw material suppliers of ACSR