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.
According to this study, over the next five years the Aluminium Conductor Steel-reinforced Cable (ACSR) market will register a 1.0% CAGR in terms of revenue, the global market size will reach USD 3160 million by 2024, from USD 2980 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Aluminium Conductor Steel-reinforced Cable (ACSR) business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Aluminium Conductor Steel-reinforced Cable (ACSR) market by product type, application, key manufacturers and key regions and countries.
This study considers the Aluminium Conductor Steel-reinforced Cable (ACSR) value and volume generated from the sales of the following segments-
Segmentation by product type- breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
ACSR ? Aluminum Conductor Steel-Reinforced
ACSR/AW ? Aluminum Conductor Aluminum-Clad Steel-Reinforced
ACSR/TW ? Trapezoidal Aluminum Conductor Steel-Reinforced
Segmentation by application- breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Bare overhead transmission conductor
Primary and secondary distribution conductor
Messenger support
Others
This report also splits the market by region- Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report- Breakdown data in in Chapter 3.
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
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Aluminium Conductor Steel-reinforced Cable (ACSR) consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Aluminium Conductor Steel-reinforced Cable (ACSR) market by identifying its various subsegments.
Focuses on the key global Aluminium Conductor Steel-reinforced Cable (ACSR) manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Aluminium Conductor Steel-reinforced Cable (ACSR) with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Aluminium Conductor Steel-reinforced Cable (ACSR) submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.