Key vendors to focus on capacity expansion to keep pace with the intense competition in the market
Technavio, a company that develops over 2000 pieces of research every year and covers more than 500 technologies across 80 countries, has announced the top five leading vendors for the global aluminum conductors market in their latest research report. This report also lists four other prominent vendors who are expected to contribute to this market’s growth between 2017-2021.
To identify the top vendors, Technavio’s market research analysts have taken into account the revenue generated by the sales of aluminum for various types of aluminum conductors including aluminum conductor steel reinforced (ACSR), all aluminum alloy conductor (AAAC), all aluminum conductor (AAC), and others to calculate the market size by considering 2016 as the base year.
This Technavio report, under the metals and minerals vertical, is based on the synthesis, analysis, and interpretation of information about the global aluminum conductors market collected from specialized sources. The analysts have derived insights using a mix of primary and secondary research with an aim to provide a holistic picture of the market.
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Competitive vendor landscape
The competition in the global market for aluminum conductors is dependent on the geography and product line. Vendors in the market space focus on factors such as low-cost equipment production and capacity expansion to increase their market shares. The major buying criteria for conductors include cost, product quality and availability, geographical coverage, service, innovation, and the range of products offered.
“Many countries across the globe are adopting smart grid systems. A smart grid is an electricity grid that delivers a sustainable, economical, and secure electricity supply by integrating the actions of all users, in an efficient manner, including consumers, generators or those capable of both. Smart grid systems bring convergence of analog or digital information and computer-based remote control and automation to electricity networks,” says Ajay Adikari, a lead analyst at Technavio for metals and minerals.
Top five vendors in the aluminum conductors market space
General Cable
General Cable develops, designs, manufactures, distributes, and markets copper, aluminum, and fiber optic wire and cable products for use in the industrial, construction, energy, specialty, and communication markets. General Cable operates through various geographic segments. As of FY2015, General Cable has a reported revenue of more than $4 billion.
Key products: Aluminum rod, Bare aluminum transmission conductors & distribution cables, and Low-voltage aluminum cables.
Nexans
Nexans offers an extensive range of cables and cabling systems for power transmission, energy, and communication networks, besides building and construction. The company’s business segments include Transmission, Distribution, and Operators; Industry; Distributors and Installers; and Others. The company’s product portfolio includes equipment cables; voltage cables; copper and optical fiber cables; harnesses and specialty cables; and electrical wires. The company distributes its products under brand names such as SHIPLINK, MOTIONLINE, NEWSENSE, ALSECURE, FLAMEX, WINDLINK, POWERMINE, KEYLIOS, and KINOPTIC.
Key products: Low voltage underground power cables, Medium voltage underground power cables, Land high voltage cables, Overhead lines, and Submarine medium voltage cables.
Prysmian
Prysmian makes cables for energy, telecom, and systems sectors. It provides underground and submarine power transmission cables and systems, special cables for industrial applications as well as low and medium voltage cables for the construction and infrastructure sectors. It also offers cables and accessories for the voice and data transmission industry and provides a broad range of optical fibers, copper cables, and optical and connectivity systems.
Key products: Aluminum AD-Aluminum conductor cables.
Southwire
Southwire, along with its subsidiaries, provides utility and building wires and cables, industrial power cables, wire products for OEMs, and continuous copper and aluminum rods. It also offers a line of equipment and tools used for the installation of these products. The company sells its products in the US, Canada, and Central and South America. It sells its products under the brands American Mustang, Romex, Royal, SIMpull, and Seoprene. It has 32 manufacturing plants, 11 service centers, and nine administrative offices worldwide.
Key products: Aluminum building wire, Automotive cables, Aluminum bare transmission and distribution cable, Aluminum covered line wire, Aluminum service drop, Aluminum PAC & RTS cable, Aluminum 600 volt secondary UD cable, Aluminum covered aerial MV (spacer cable and tree wire), OEM aluminum conductors, and OEM aluminum rods.
Sterlite Technologies
Sterlite Technologies provides transmission solutions for the telecom and power industries. The company operates through three key business segments which include telecom product and solutions business, power product and business solutions, and power transmission grid business.
Key products: Power conductor, Power cable, Optical ground wire cable, and Rod and accessory.
Other prominent vendors in this market include Bremed, EmsiG, iHealth, Jawon, KERN, Marsden, Mediagate, Medisana, Microlife, Qardio, and Withings.
A more detailed analysis is available in the Technavio report, Global Aluminum Conductors Market 2017-2021. Technavio also customizes reports by other regions and specific segments upon request.
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Browse related reports:
- Global Power Cables Market 2016-2020
- Global Electrical Conductors Market for the Power Industry 2016-2020
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