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    US Overhead Power Cables Market

    ID: MRFR/E&P/15043-HCR
    100 Pages
    Garvit Vyas
    September 2025

    US Overhead Power Cables Market Research Report By Voltage (100kV-250kV, 251kV-400kV, Above 400kV) and By End User (Utility, Industrial) - Forecast to 2035

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    Table of Contents

    US Overhead Power Cables Market Summary

    The US Overhead Power Cables market is poised for substantial growth, projected to reach 37.5 USD Billion by 2035 from a base of 16.5 USD Billion in 2024.

    Key Market Trends & Highlights

    US Overhead Power Cables Key Trends and Highlights

    • The market valuation is expected to grow from 16.5 USD Billion in 2024 to 37.5 USD Billion by 2035.
    • A compound annual growth rate (CAGR) of 7.75 percent is anticipated for the period from 2025 to 2035.
    • The increasing demand for reliable power distribution systems is driving market expansion.
    • Growing adoption of renewable energy sources due to the need for sustainable infrastructure is a major market driver.

    Market Size & Forecast

    2024 Market Size 16.5 (USD Billion)
    2035 Market Size 37.5 (USD Billion)
    CAGR (2025-2035) 7.75%

    Major Players

    Marmon Utility, Prysmian Group, Wire and Cable Your Way, Encore Wire, Southwire, Belden, Maingate, General Cable, TE Connectivity, Sterlite Technologies, Sumitomo Electric, LS Cable and System, Nexans, AFL

    US Overhead Power Cables Market Trends

    There are numerous opportunities to be explored in the US market, particularly with the rise of smart grid technology and the integration of new materials that enhance cable durability and efficiency.The need for reliable power distribution in rural and remote areas is prompting utilities and local governments to invest in modern overhead cable solutions that are cost-effective and sustainable. Enhanced focus on safety standards and regulations is also leading to increased opportunities for manufacturers to innovate, thus providing safer and more reliable options for consumers.

    Recent trends indicate a shift towards the adoption of insulated overhead power cables, which offer better performance and lower maintenance costs. The trend towards undergrounding power lines, although initially costly, is gaining traction in urban areas to minimize the risk of outages and enhance aesthetic appeal.Moreover, as climate change continues to prompt extreme weather conditions, there is an emphasis on developing overhead cable solutions that can withstand severe environmental stress. These factors play a crucial part in shaping the US Overhead Power Cables Market, marking a transformative period that aligns with both technological advancements and the nation’s sustainability goals.

    US Overhead Power Cables Market Drivers

    Market Segment Insights

    US Overhead Power Cables Market Segment Insights:

    US Overhead Power Cables Market Segment Insights:

    Overhead Power Cables Market Voltage Insights

    Overhead Power Cables Market Voltage Insights

    The US Overhead Power Cables Market, particularly concerning the Voltage segment, presents a nuanced landscape that reflects evolving energy demands and technological advancements. The market encompasses several critical voltage ranges, including 100kV-250kV, 251kV-400kV, and Above 400kV, each playing a vital role in the transmission of electrical energy across vast distances. The 100kV-250kV range holds considerable importance as it is used extensively for both urban and rural applications, ensuring reliable energy supply to municipalities and industries.

    Infrastructure investment in this range often focuses on reducing energy losses while balancing the growing demand for power driven by urbanization and industrial growth. Moving to the 251kV-400kV range, this segment is essential for high-capacity transmission across major cities and interstates. It supports long-distance electricity transport, which is becoming increasingly crucial as renewable energy sources are integrated into existing power grids.

    Notably, the rise in focus on sustainability has catalyzed infrastructure upgrades in this range to accommodate greener energy solutions, thereby enhancing supply chain efficiency. The segment of Above 400kV is particularly significant for its capability to handle extremely high power loads, necessary for connecting large power plants to substations.

    This range is vital for ensuring grid stability, especially with the increasing reliance on interconnections between different power networks across states, facilitating real-time energy distribution.Overall, the Voltage segment in the US Overhead Power Cables Market is shaped by regulatory frameworks, technological innovations, and growing energy needs, all of which contribute to shaping its trends. Market growth is driven by factors such as the demand for enhanced grid reliability and the integration of renewable energy sources, while challenges persist in ensuring compliance with safety regulations and environmental standards.

    Overhead Power Cables Market End User Insights

    Overhead Power Cables Market End User Insights

    The US Overhead Power Cables Market exhibits diverse opportunities across its End User segment, prominently featuring utilities and industrial applications. Utilities represent a crucial aspect of the market, driven by the ongoing investments in infrastructure to enhance electricity distribution efficiency and reliability. The growing demand for renewable energy sources and smart grid technologies significantly propels the utility sector, requiring advanced overhead power cable solutions to support these initiatives.

    Industrial applications form another vital part of the End User landscape, reflecting a steady demand for durable and robust cable systems to power manufacturing hubs and processing facilities.The resurgence in industrial activities and infrastructure development in the US has elevated the need for overhead power cables, particularly in sectors like construction, automotive, and technology. As the US government emphasizes sustainable energy and efficient manufacturing processes, there are substantial growth prospects within both the utility and industrial segments, making them significant contributors to the overall momentum and innovation within the US Overhead Power Cables Market.

    Get more detailed insights about US Overhead Power Cables Market

    Regional Insights

    Key Players and Competitive Insights

    The US Overhead Power Cables Market is characterized by a diverse range of players competing across various segments that cater to the growing demand for reliable and efficient electrical infrastructure. The market has experienced significant growth, driven by increasing energy consumption, the necessity for grid modernization, and the transition to renewable energy sources. Competitive insights in this market reveal trends such as innovation in cable technologies, strategic partnerships, and a focus on sustainability efforts among key participants.

    The competitive landscape is marked by the presence of established companies and emerging players, all striving to capture market share through enhanced product offerings and improved service delivery. With the steady rise in infrastructure investment and technological advancements, companies are poised to leverage their strengths to navigate the complexities of this dynamic market.Marmon Utility holds a prominent position in the US Overhead Power Cables Market, with strengths emanating from its extensive product portfolio and commitment to quality.

    The company boasts a strong manufacturing footprint that enables it to meet a variety of customer needs effectively. Its capabilities include producing overhead conductors and accessories that are designed to cater to utility companies and infrastructure projects. Marmon Utility's well-established brand reputation contributes to its competitive edge, as it is recognized for providing durable and efficient solutions. The company also benefits from a skilled workforce and innovative research and development that drives its product advancements.

    Their strategic focus on customer relationships and responsive service further solidifies their standing in this evolving market.Prysmian Group emerges as a key player in the US Overhead Power Cables Market, known for its comprehensive range of high-tech cable solutions serving the energy and telecommunications sectors. The company specializes in manufacturing overhead power cables, particularly in addressing the specific needs of electric utilities and renewable energy projects. Prysmian Group's strengths lie in its cutting-edge research initiatives and investment in new technologies aimed at enhancing the performance and sustainability of its products.

    With a robust presence across the United States, the company effectively leverages strategic mergers and acquisitions to expand its market reach and capabilities.

    These initiatives have allowed Prysmian Group to reinforce its position as a leader in the sector, offering advanced solutions that align with the evolving landscape of the energy market. The extensive distribution network and customer-centric approach further underline the company’s commitment to delivering reliable and innovative power solutions tailored to the ongoing demands of the US market.

    Key Companies in the US Overhead Power Cables Market market include

    Industry Developments

    Recent developments in the US Overhead Power Cables Market indicate a significant growth trajectory fueled by increased investments in infrastructure and renewable energy projects. Companies such as Marmon Utility and Prysmian Group are enhancing their production capabilities to meet rising demand. In September 2023, Southwire expanded its operations in Georgia, focusing on innovative cable technologies to optimize energy distribution. The market valuation is witnessing upward trends due to the transition towards smart grid systems and electrification initiatives.

    In August 2023, Encore Wire announced strategic partnerships aimed at improving manufacturing efficiencies, while General Cable is advancing its sustainable practices, impacting overall market dynamics positively. Notably, the merger between TE Connectivity and Nexans, finalized in July 2023, has bolstered their competitive positioning in the overhead cable sector. Looking back, in 2021, Sterlite Technologies launched a new range of sustainable overhead cables that set the benchmark for energy efficiency and durability. The overarching trend reflects a consolidation of leading companies focused on innovation and sustainability, positioning the US market for continued expansion within the renewable energy landscape and infrastructure upgrades.

    Market Segmentation

    Outlook

    • Utility
    • Industrial

    Report Scope

    Report Attribute/Metric Source: Details
    MARKET SIZE 2023 15.05(USD Billion)
    MARKET SIZE 2024 16.5(USD Billion)
    MARKET SIZE 2035 37.5(USD Billion)
    COMPOUND ANNUAL GROWTH RATE (CAGR) 7.749% (2025 - 2035)
    REPORT COVERAGE Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
    BASE YEAR 2024
    MARKET FORECAST PERIOD 2025 - 2035
    HISTORICAL DATA 2019 - 2024
    MARKET FORECAST UNITS USD Billion
    KEY COMPANIES PROFILED Marmon Utility, Prysmian Group, Wire and Cable Your Way, Encore Wire, Southwire, Belden, Maingate, General Cable, TE Connectivity, Sterlite Technologies, Sumitomo Electric, LS Cable and System, Nexans, AFL
    SEGMENTS COVERED Voltage, End User
    KEY MARKET OPPORTUNITIES Smart grid technology integration, Renewable energy transmission, Infrastructure modernization initiatives, Utility expansion and upgrades, Increased demand for energy efficiency
    KEY MARKET DYNAMICS Growing demand for electricity, Aging infrastructure needs upgrades, Environmental regulations and compliance, Technological advancements in materials, Increasing renewable energy integration
    COUNTRIES COVERED US

    Market Highlights

    Author
    Garvit Vyas
    Analyst

    Explore the profile of Garvit Vyas, one of our esteemed authors at Market Research Future, and access their expert research contributions in the field of market research and industry analysis

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    FAQs

    What is the expected value of the US Overhead Power Cables Market in 2024?

    The US Overhead Power Cables Market is expected to be valued at 16.5 billion USD in 2024.

    What will be the expected market size in 2035?

    By 2035, the US Overhead Power Cables Market is projected to reach a value of 37.5 billion USD.

    What is the anticipated CAGR for the market from 2025 to 2035?

    The US Overhead Power Cables Market is expected to grow at a CAGR of 7.749% from 2025 to 2035.

    Which voltage segment is expected to dominate the market by 2035?

    The 100kV-250kV voltage segment is projected to be valued at 14.0 billion USD by 2035.

    What is the projected market value of the 251kV-400kV segment in 2035?

    The 251kV-400kV segment is expected to reach a market value of 11.5 billion USD by 2035.

    Who are the key players in the US Overhead Power Cables Market?

    Major players in the market include Marmon Utility, Prysmian Group, and Southwire among others.

    What is the market value for the Above 400kV segment in 2024?

    The Above 400kV segment of the market is valued at 5.5 billion USD in 2024.

    What opportunities are expected to drive growth in the Overhead Power Cables Market?

    Infrastructure development and increasing demand for electricity are key growth drivers in the market.

    What challenges currently face the US Overhead Power Cables Market?

    Challenges include fluctuating raw material prices and regulatory hurdles in the energy sector.

    What impact do current global conflicts have on the Overhead Power Cables Market?

    Current global conflicts may impact supply chains and increase costs within the Overhead Power Cables Market.

    1. EXECUTIVE SUMMARY
    2. Market Overview
    3. Key Findings
    4. Market Segmentation
    5. Competitive Landscape
    6. Challenges and Opportunities
    7. Future Outlook
    8. MARKET INTRODUCTION
    9. Definition
    10. Scope of the study
    11. Research Objective
    12. Assumption
    13. Limitations
    14. RESEARCH METHODOLOGY
    15. Overview
    16. Data Mining
    17. Secondary Research
    18. Primary Research
    19. Primary Interviews and Information Gathering Process
    20. Breakdown of Primary Respondents
    21. Forecasting Model
    22. Market Size Estimation
    23. Bottom-Up Approach
    24. Top-Down Approach
    25. Data Triangulation
    26. Validation
    27. MARKET DYNAMICS
    28. Overview
    29. Drivers
    30. Restraints
    31. Opportunities
    32. MARKET FACTOR ANALYSIS
    33. Value chain Analysis
    34. Porter's Five Forces Analysis
    35. Bargaining Power of Suppliers
    36. Bargaining Power of Buyers
    37. Threat of New Entrants
    38. Threat of Substitutes
    39. Intensity of Rivalry
    40. COVID-19 Impact Analysis
    41. Market Impact Analysis
    42. Regional Impact
    43. Opportunity and Threat Analysis
    44. US Overhead Power Cables Market, BY Voltage (USD Billion)
    45. kV-250kV
    46. kV-400kV
    47. Above 400kV
    48. US Overhead Power Cables Market, BY End User (USD Billion)
    49. Utility
    50. Industrial
    51. Competitive Landscape
    52. Overview
    53. Competitive Analysis
    54. Market share Analysis
    55. Major Growth Strategy in the Overhead Power Cables Market
    56. Competitive Benchmarking
    57. Leading Players in Terms of Number of Developments in the Overhead Power Cables Market
    58. Key developments and growth strategies
    59. New Product Launch/Service Deployment
    60. Merger & Acquisitions
    61. Joint Ventures
    62. Major Players Financial Matrix
    63. Sales and Operating Income
    64. Major Players R&D Expenditure. 2023
    65. Company Profiles
    66. Marmon Utility
    67. Financial Overview
    68. Products Offered
    69. Key Developments
    70. SWOT Analysis
    71. Key Strategies
    72. Prysmian Group
    73. Financial Overview
    74. Products Offered
    75. Key Developments
    76. SWOT Analysis
    77. Key Strategies
    78. Wire and Cable Your Way
    79. Financial Overview
    80. Products Offered
    81. Key Developments
    82. SWOT Analysis
    83. Key Strategies
    84. Encore Wire
    85. Financial Overview
    86. Products Offered
    87. Key Developments
    88. SWOT Analysis
    89. Key Strategies
    90. Southwire
    91. Financial Overview
    92. Products Offered
    93. Key Developments
    94. SWOT Analysis
    95. Key Strategies
    96. Belden
    97. Financial Overview
    98. Products Offered
    99. Key Developments
    100. SWOT Analysis
    101. Key Strategies
    102. Maingate
    103. Financial Overview
    104. Products Offered
    105. Key Developments
    106. SWOT Analysis
    107. Key Strategies
    108. General Cable
    109. Financial Overview
    110. Products Offered
    111. Key Developments
    112. SWOT Analysis
    113. Key Strategies
    114. TE Connectivity
    115. Financial Overview
    116. Products Offered
    117. Key Developments
    118. SWOT Analysis
    119. Key Strategies
    120. Sterlite Technologies
    121. Financial Overview
    122. Products Offered
    123. Key Developments
    124. SWOT Analysis
    125. Key Strategies
    126. Sumitomo Electric
    127. Financial Overview
    128. Products Offered
    129. Key Developments
    130. SWOT Analysis
    131. Key Strategies
    132. LS Cable and System
    133. Financial Overview
    134. Products Offered
    135. Key Developments
    136. SWOT Analysis
    137. Key Strategies
    138. Nexans
    139. Financial Overview
    140. Products Offered
    141. Key Developments
    142. SWOT Analysis
    143. Key Strategies
    144. AFL
    145. Financial Overview
    146. Products Offered
    147. Key Developments
    148. SWOT Analysis
    149. Key Strategies
    150. References
    151. Related Reports
    152. US Overhead Power Cables Market SIZE ESTIMATES & FORECAST, BY VOLTAGE, 2019-2035 (USD Billions)
    153. US Overhead Power Cables Market SIZE ESTIMATES & FORECAST, BY END USER, 2019-2035 (USD Billions)
    154. PRODUCT LAUNCH/PRODUCT DEVELOPMENT/APPROVAL
    155. ACQUISITION/PARTNERSHIP
    156. MARKET SYNOPSIS
    157. US OVERHEAD POWER CABLES MARKET ANALYSIS BY VOLTAGE
    158. US OVERHEAD POWER CABLES MARKET ANALYSIS BY END USER
    159. KEY BUYING CRITERIA OF OVERHEAD POWER CABLES MARKET
    160. RESEARCH PROCESS OF MRFR
    161. DRO ANALYSIS OF OVERHEAD POWER CABLES MARKET
    162. DRIVERS IMPACT ANALYSIS: OVERHEAD POWER CABLES MARKET
    163. RESTRAINTS IMPACT ANALYSIS: OVERHEAD POWER CABLES MARKET
    164. SUPPLY / VALUE CHAIN: OVERHEAD POWER CABLES MARKET
    165. OVERHEAD POWER CABLES MARKET, BY VOLTAGE, 2025 (% SHARE)
    166. OVERHEAD POWER CABLES MARKET, BY VOLTAGE, 2019 TO 2035 (USD Billions)
    167. OVERHEAD POWER CABLES MARKET, BY END USER, 2025 (% SHARE)
    168. OVERHEAD POWER CABLES MARKET, BY END USER, 2019 TO 2035 (USD Billions)
    169. BENCHMARKING OF MAJOR COMPETITORS

    US Overhead Power Cables Market Segmentation

     

     

     

    • Overhead Power Cables Market By Voltage (USD Billion, 2019-2035)

      • 100kV-250kV
      • 251kV-400kV
      • Above 400kV

     

    • Overhead Power Cables Market By End User (USD Billion, 2019-2035)

      • Utility
      • Industrial

     

     

     

     

     

     

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