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
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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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.
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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- Primary and Secondary Distribution Conductor
- Bare Overhead Transmission Conductor
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Ask for a discount at:
- 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