Global Electrical Conductors Market for the Power Industry Market 2024-2028

The electrical conductors market for the power industry is forecasted to grow by USD 13.8 bn during 2023-2028, accelerating at a CAGR of 6.78% during the forecast period. The report on the electrical conductors market for the power industry provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

Market Scope
Base Year	2024
End Year	2028
Series Year	2024-2028
Growth Momentum	Accelerate
YOY 2024	6.14%
CAGR	6.78%
Incremental Value	$13.8bn

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising investment in power (T&D), growth in offshore wind energy, and increasing investments in renewable energy projects.

Technavio's electrical conductors market for the power industry is segmented as below:

By Application

Power transmission
Power distribution
Power generation and others

By Type

Power cables
Transformer
Busbar
Submarine power cables

By Geographical Landscape

APAC
Europe
North America
South America
Middle East and Africa

This study identifies the increase in sales of power cables as one of the prime reasons driving the electrical conductors market for the power industry growth during the next few years. Also, development of smart grids and growing wind power generation capacity will lead to sizable demand in the market.

The report on the electrical conductors market for the power industry covers the following areas:

Electrical conductors market for the power industry sizing
Electrical conductors market for the power industry forecast
Electrical conductors market for the power industry industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading electrical conductors market for the power industry vendors that include 3M Co., Apar Industries Ltd., Cabelte SA, Calmont Wire and Cable Inc., CMI Ltd., CTC Global Inc., Diamond Power Infrastructure Ltd., Finolex Cables Ltd., Furukawa Electric Co. Ltd., Gupta Power Infrastructure Ltd., HELUKABEL Romania Srl, Hi tech Conductors Pvt Ltd., KEI Industries Ltd., Lamifil NV, Nexans SA, Prysmian Spa, Saudi Cable Co., Sumitomo Electric Industries Ltd., Taihan Cable and Solution Co. Ltd., and Sterlite Power Transmission Ltd.. Also, the electrical conductors market for the power industry analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Product Code: IRTNTR71664

1 Executive Summary

1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Global Market Characteristics
Exhibit 04: Executive Summary - Chart on Market By Geographical Landscape
Exhibit 05: Executive Summary - Chart on Market Segmentation by Application
Exhibit 06: Executive Summary - Chart on Market Segmentation by Type
Exhibit 07: Executive Summary - Chart on Incremental Growth
Exhibit 08: Executive Summary - Data Table on Incremental Growth
Exhibit 09: Executive Summary - Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
Exhibit 10: Parent market
Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition
Exhibit 12: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 13: Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ billion)
Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ billion)
Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)

4 Historic Market Size

4.1 Global electrical conductors market for the power industry 2018 - 2022
Exhibit 18: Historic Market Size - Data Table on global electrical conductors market for the power industry 2018 - 2022 ($ billion)
4.2 Application Segment Analysis 2018 - 2022
Exhibit 19: Historic Market Size - Application Segment 2018 - 2022 ($ billion)
4.3 Type Segment Analysis 2018 - 2022
Exhibit 20: Historic Market Size - Type Segment 2018 - 2022 ($ billion)
4.4 Geography Segment Analysis 2018 - 2022
Exhibit 21: Historic Market Size - Geography Segment 2018 - 2022 ($ billion)
4.5 Country Segment Analysis 2018 - 2022
Exhibit 22: Historic Market Size - Country Segment 2018 - 2022 ($ billion)

5 Five Forces Analysis

5.1 Five forces summary
Exhibit 23: Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
Exhibit 24: Chart on Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
Exhibit 25: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
Exhibit 26: Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
Exhibit 27: Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
Exhibit 28: Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
Exhibit 29: Chart on Market condition - Five forces 2023 and 2028

6 Market Segmentation by Application

6.1 Market segments
Exhibit 30: Chart on Application - Market share 2023-2028 (%)
Exhibit 31: Data Table on Application - Market share 2023-2028 (%)
6.2 Comparison by Application
Exhibit 32: Chart on Comparison by Application
Exhibit 33: Data Table on Comparison by Application
6.3 Power transmission - Market size and forecast 2023-2028
Exhibit 34: Chart on Power transmission - Market size and forecast 2023-2028 ($ billion)
Exhibit 35: Data Table on Power transmission - Market size and forecast 2023-2028 ($ billion)
Exhibit 36: Chart on Power transmission - Year-over-year growth 2023-2028 (%)
Exhibit 37: Data Table on Power transmission - Year-over-year growth 2023-2028 (%)
6.4 Power distribution - Market size and forecast 2023-2028
Exhibit 38: Chart on Power distribution - Market size and forecast 2023-2028 ($ billion)
Exhibit 39: Data Table on Power distribution - Market size and forecast 2023-2028 ($ billion)
Exhibit 40: Chart on Power distribution - Year-over-year growth 2023-2028 (%)
Exhibit 41: Data Table on Power distribution - Year-over-year growth 2023-2028 (%)
6.5 Power generation and others - Market size and forecast 2023-2028
Exhibit 42: Chart on Power generation and others - Market size and forecast 2023-2028 ($ billion)
Exhibit 43: Data Table on Power generation and others - Market size and forecast 2023-2028 ($ billion)
Exhibit 44: Chart on Power generation and others - Year-over-year growth 2023-2028 (%)
Exhibit 45: Data Table on Power generation and others - Year-over-year growth 2023-2028 (%)
6.6 Market opportunity by Application
Exhibit 46: Market opportunity by Application ($ billion)
Exhibit 47: Data Table on Market opportunity by Application ($ billion)

7 Market Segmentation by Type

7.1 Market segments
Exhibit 48: Chart on Type - Market share 2023-2028 (%)
Exhibit 49: Data Table on Type - Market share 2023-2028 (%)
7.2 Comparison by Type
Exhibit 50: Chart on Comparison by Type
Exhibit 51: Data Table on Comparison by Type
7.3 Power cables - Market size and forecast 2023-2028
Exhibit 52: Chart on Power cables - Market size and forecast 2023-2028 ($ billion)
Exhibit 53: Data Table on Power cables - Market size and forecast 2023-2028 ($ billion)
Exhibit 54: Chart on Power cables - Year-over-year growth 2023-2028 (%)
Exhibit 55: Data Table on Power cables - Year-over-year growth 2023-2028 (%)
7.4 Transformer - Market size and forecast 2023-2028
Exhibit 56: Chart on Transformer - Market size and forecast 2023-2028 ($ billion)
Exhibit 57: Data Table on Transformer - Market size and forecast 2023-2028 ($ billion)
Exhibit 58: Chart on Transformer - Year-over-year growth 2023-2028 (%)
Exhibit 59: Data Table on Transformer - Year-over-year growth 2023-2028 (%)
7.5 Busbar - Market size and forecast 2023-2028
Exhibit 60: Chart on Busbar - Market size and forecast 2023-2028 ($ billion)
Exhibit 61: Data Table on Busbar - Market size and forecast 2023-2028 ($ billion)
Exhibit 62: Chart on Busbar - Year-over-year growth 2023-2028 (%)
Exhibit 63: Data Table on Busbar - Year-over-year growth 2023-2028 (%)
7.6 Submarine power cables - Market size and forecast 2023-2028
Exhibit 64: Chart on Submarine power cables - Market size and forecast 2023-2028 ($ billion)
Exhibit 65: Data Table on Submarine power cables - Market size and forecast 2023-2028 ($ billion)
Exhibit 66: Chart on Submarine power cables - Year-over-year growth 2023-2028 (%)
Exhibit 67: Data Table on Submarine power cables - Year-over-year growth 2023-2028 (%)
7.7 Market opportunity by Type
Exhibit 68: Market opportunity by Type ($ billion)
Exhibit 69: Data Table on Market opportunity by Type ($ billion)

8 Customer Landscape

8.1 Customer landscape overview
Exhibit 70: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
Exhibit 71: Chart on Market share By Geographical Landscape 2023-2028 (%)
Exhibit 72: Data Table on Market share By Geographical Landscape 2023-2028 (%)
9.2 Geographic comparison
Exhibit 73: Chart on Geographic comparison
Exhibit 74: Data Table on Geographic comparison
9.3 APAC - Market size and forecast 2023-2028
Exhibit 75: Chart on APAC - Market size and forecast 2023-2028 ($ billion)
Exhibit 76: Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
Exhibit 77: Chart on APAC - Year-over-year growth 2023-2028 (%)
Exhibit 78: Data Table on APAC - Year-over-year growth 2023-2028 (%)
9.4 Europe - Market size and forecast 2023-2028
Exhibit 79: Chart on Europe - Market size and forecast 2023-2028 ($ billion)
Exhibit 80: Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
Exhibit 81: Chart on Europe - Year-over-year growth 2023-2028 (%)
Exhibit 82: Data Table on Europe - Year-over-year growth 2023-2028 (%)
9.5 North America - Market size and forecast 2023-2028
Exhibit 83: Chart on North America - Market size and forecast 2023-2028 ($ billion)
Exhibit 84: Data Table on North America - Market size and forecast 2023-2028 ($ billion)
Exhibit 85: Chart on North America - Year-over-year growth 2023-2028 (%)
Exhibit 86: Data Table on North America - Year-over-year growth 2023-2028 (%)
9.6 South America - Market size and forecast 2023-2028
Exhibit 87: Chart on South America - Market size and forecast 2023-2028 ($ billion)
Exhibit 88: Data Table on South America - Market size and forecast 2023-2028 ($ billion)
Exhibit 89: Chart on South America - Year-over-year growth 2023-2028 (%)
Exhibit 90: Data Table on South America - Year-over-year growth 2023-2028 (%)
9.7 Middle East and Africa - Market size and forecast 2023-2028
Exhibit 91: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
Exhibit 92: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
Exhibit 93: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibit 94: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
9.8 US - Market size and forecast 2023-2028
Exhibit 95: Chart on US - Market size and forecast 2023-2028 ($ billion)
Exhibit 96: Data Table on US - Market size and forecast 2023-2028 ($ billion)
Exhibit 97: Chart on US - Year-over-year growth 2023-2028 (%)
Exhibit 98: Data Table on US - Year-over-year growth 2023-2028 (%)
9.9 China - Market size and forecast 2023-2028
Exhibit 99: Chart on China - Market size and forecast 2023-2028 ($ billion)
Exhibit 100: Data Table on China - Market size and forecast 2023-2028 ($ billion)
Exhibit 101: Chart on China - Year-over-year growth 2023-2028 (%)
Exhibit 102: Data Table on China - Year-over-year growth 2023-2028 (%)
9.10 Germany - Market size and forecast 2023-2028
Exhibit 103: Chart on Germany - Market size and forecast 2023-2028 ($ billion)
Exhibit 104: Data Table on Germany - Market size and forecast 2023-2028 ($ billion)
Exhibit 105: Chart on Germany - Year-over-year growth 2023-2028 (%)
Exhibit 106: Data Table on Germany - Year-over-year growth 2023-2028 (%)
9.11 India - Market size and forecast 2023-2028
Exhibit 107: Chart on India - Market size and forecast 2023-2028 ($ billion)
Exhibit 108: Data Table on India - Market size and forecast 2023-2028 ($ billion)
Exhibit 109: Chart on India - Year-over-year growth 2023-2028 (%)
Exhibit 110: Data Table on India - Year-over-year growth 2023-2028 (%)
9.12 Japan - Market size and forecast 2023-2028
Exhibit 111: Chart on Japan - Market size and forecast 2023-2028 ($ billion)
Exhibit 112: Data Table on Japan - Market size and forecast 2023-2028 ($ billion)
Exhibit 113: Chart on Japan - Year-over-year growth 2023-2028 (%)
Exhibit 114: Data Table on Japan - Year-over-year growth 2023-2028 (%)
9.13 Market opportunity By Geographical Landscape
Exhibit 115: Market opportunity By Geographical Landscape ($ billion)
Exhibit 116: Data Tables on Market opportunity By Geographical Landscape ($ billion)

10 Drivers, Challenges, and Trends

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Exhibit 117: Impact of drivers and challenges in 2023 and 2028
10.4 Market trends

11 Vendor Landscape

11.1 Overview
11.2 Vendor landscape
Exhibit 118: Overview on Criticality of inputs and Factors of differentiation
11.3 Landscape disruption
Exhibit 119: Overview on factors of disruption
11.4 Industry risks
Exhibit 120: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered
Exhibit 121: Vendors covered
12.2 Market positioning of vendors
Exhibit 122: Matrix on vendor position and classification
12.3 3M Co.
Exhibit 123: 3M Co. - Overview
Exhibit 124: 3M Co. - Business segments
Exhibit 125: 3M Co. - Key news
Exhibit 126: 3M Co. - Key offerings
Exhibit 127: 3M Co. - Segment focus
12.4 Apar Industries Ltd.
Exhibit 128: Apar Industries Ltd. - Overview
Exhibit 129: Apar Industries Ltd. - Business segments
Exhibit 130: Apar Industries Ltd. - Key offerings
Exhibit 131: Apar Industries Ltd. - Segment focus
12.5 Cabelte SA
Exhibit 132: Cabelte SA - Overview
Exhibit 133: Cabelte SA - Product / Service
Exhibit 134: Cabelte SA - Key offerings
12.6 CTC Global Inc.
Exhibit 135: CTC Global Inc. - Overview
Exhibit 136: CTC Global Inc. - Product / Service
Exhibit 137: CTC Global Inc. - Key offerings
12.7 Diamond Power Infrastructure Ltd.
Exhibit 138: Diamond Power Infrastructure Ltd. - Overview
Exhibit 139: Diamond Power Infrastructure Ltd. - Product / Service
Exhibit 140: Diamond Power Infrastructure Ltd. - Key offerings
12.8 Furukawa Electric Co. Ltd.
Exhibit 141: Furukawa Electric Co. Ltd. - Overview
Exhibit 142: Furukawa Electric Co. Ltd. - Business segments
Exhibit 143: Furukawa Electric Co. Ltd. - Key news
Exhibit 144: Furukawa Electric Co. Ltd. - Key offerings
Exhibit 145: Furukawa Electric Co. Ltd. - Segment focus
12.9 Gupta Power Infrastructure Ltd.
Exhibit 146: Gupta Power Infrastructure Ltd. - Overview
Exhibit 147: Gupta Power Infrastructure Ltd. - Product / Service
Exhibit 148: Gupta Power Infrastructure Ltd. - Key offerings
12.10 Hi tech Conductors Pvt Ltd.
Exhibit 149: Hi tech Conductors Pvt Ltd. - Overview
Exhibit 150: Hi tech Conductors Pvt Ltd. - Product / Service
Exhibit 151: Hi tech Conductors Pvt Ltd. - Key offerings
12.11 KEI Industries Ltd.
Exhibit 152: KEI Industries Ltd. - Overview
Exhibit 153: KEI Industries Ltd. - Business segments
Exhibit 154: KEI Industries Ltd. - Key offerings
Exhibit 155: KEI Industries Ltd. - Segment focus
12.12 Lamifil NV
Exhibit 156: Lamifil NV - Overview
Exhibit 157: Lamifil NV - Product / Service
Exhibit 158: Lamifil NV - Key offerings
12.13 Nexans SA
Exhibit 159: Nexans SA - Overview
Exhibit 160: Nexans SA - Business segments
Exhibit 161: Nexans SA - Key offerings
Exhibit 162: Nexans SA - Segment focus
12.14 Prysmian Spa
Exhibit 163: Prysmian Spa - Overview
Exhibit 164: Prysmian Spa - Business segments
Exhibit 165: Prysmian Spa - Key offerings
Exhibit 166: Prysmian Spa - Segment focus
12.15 Sterlite Power Transmission Ltd.
Exhibit 167: Sterlite Power Transmission Ltd. - Overview
Exhibit 168: Sterlite Power Transmission Ltd. - Business segments
Exhibit 169: Sterlite Power Transmission Ltd. - Key offerings
Exhibit 170: Sterlite Power Transmission Ltd. - Segment focus
12.16 Sumitomo Electric Industries Ltd.
Exhibit 171: Sumitomo Electric Industries Ltd. - Overview
Exhibit 172: Sumitomo Electric Industries Ltd. - Business segments
Exhibit 173: Sumitomo Electric Industries Ltd. - Key offerings
Exhibit 174: Sumitomo Electric Industries Ltd. - Segment focus
12.17 Taihan Cable and Solution Co. Ltd.
Exhibit 175: Taihan Cable and Solution Co. Ltd. - Overview
Exhibit 176: Taihan Cable and Solution Co. Ltd. - Product / Service
Exhibit 177: Taihan Cable and Solution Co. Ltd. - Key offerings

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Exhibit 178: Inclusions checklist
Exhibit 179: Exclusions checklist
13.3 Currency conversion rates for US$
Exhibit 180: Currency conversion rates for US$
13.4 Research methodology
Exhibit 181: Research methodology
Exhibit 182: Validation techniques employed for market sizing
Exhibit 183: Information sources
13.5 List of abbreviations
Exhibit 184: List of abbreviations