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Within the wire and cables industry, the overhead cables market comprises a segment that deals with cables and wires used for electrical transmission and distribution that are installed above ground. These cables are typically strung between poles or towers and are a common sight in both urban and rural landscapes. Overhead cables are designed to withstand environmental stresses such as wind, rain, and temperature fluctuations. They are categorized based on their voltage ratings, ranging from low and medium to high and extra-high voltage, catering to different levels of power transmission requirements. The demand for overhead cables is influenced by factors such as electrical infrastructure development, renewable energy projects, and urbanization, which drive the expansion and upgrading of power transmission networks.
Material advances have also impacted the overhead cables market, with the development of specialized insulation and conductor materials aimed at improving efficiency and reducing transmission losses. Aluminum, steel, and copper are among the primary materials used in the manufacture of overhead conductors due to their conductive properties. In terms of design, overhead cables may be bare or insulated, with insulated cables providing added protection against short circuits and outages.
Some prominent companies that operate in the overhead cables market include Nexans, Prysmian Group, Southwire Company, Sumitomo Electric Industries, and General Cable (now part of Prysmian Group after an acquisition). Other key players are Furukawa Electric, LS Cable & System, and NKT Cables. These companies engage in the production, supply, and upgrading of overhead cable systems, contributing to Show Less Read more