세계의 송전선 시장 규모, 점유율, 성장 분석 : 유형별, 최종사용자별, 전압별, 제품별, 지역별 - 산업 예측(2025-2032년)

Global Transmission Line Market size was valued at USD 98.5 billion in 2023 and is poised to grow from USD 105.89 billion in 2024 to USD 188.85 billion by 2032, growing at a CAGR of 7.5% during the forecast period (2025-2032).

The global transmission line market is significantly influenced by the surging demand for electricity, propelled by urbanization, industrialization, and digitalization trends. Nations are prioritizing investments in modernizing transmission networks to ensure reliable power supply while integrating renewable energy sources into their grids. Key developments include the increasing implementation of high-voltage direct current (HVDC) technology and smart grid innovations such as real-time monitoring. However, the market faces challenges, including high capital costs for construction and maintenance, project delays due to complex regulatory processes, and difficulties in securing land in densely populated areas. Additionally, overhead lines are vulnerable to extreme weather, and supply chain disruptions may impede access to essential components, affecting growth potential in this sector.

Top-down and bottom-up approaches were used to estimate and validate the size of the Global Transmission Line market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.

Global Transmission Line Market Segments Analysis

Global Transmission Line Market is segmented by Type, End User, Voltage, Product and region. Based on Type, the market is segmented into Overhead Transmission Lines, Underground Transmission Lines and Submarine Transmission Line. Based on End User, the market is segmented into Utility, Telecommunication and Others. Based on Voltage, the market is segmented into High Voltage, Extra High Voltage and Ultra High Voltage. Based on Product, the market is segmented into AC Transmission Lines, DC Transmission Lines and Others. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.

Driver of the Global Transmission Line Market

The Global Transmission Line market is significantly driven by increased investments from governments and utility companies in modernizing outdated transmission infrastructures and enhancing grid capacity. This surge in investment aligns with the growing electricity demand spurred by industrialization, urbanization, and digital advancements. To ensure a stable and efficient power supply, the implementation of modern transmission lines has become essential. Upgrades often involve the integration of high-voltage lines, advanced monitoring technologies, and digital substations. Collectively, these improvements boost the grid's reliability and responsiveness, facilitating better management of energy resources to meet the escalating demand for electricity globally.

Restraints in the Global Transmission Line Market

The Global Transmission Line market faces significant restraints primarily due to the substantial upfront investment required for constructing power lines, especially high-voltage and cross-border systems. The financial burden associated with land acquisition, securing permits, sourcing materials, construction costs, and adhering to environmental regulations can be overwhelming. Additionally, the lengthy processes involved in planning, obtaining regulatory approvals, and actual construction phases often lead to delays in project execution. This situation is particularly pronounced in emerging economies, where the potential for rapid expansion is hampered by these time-consuming and costly requirements, creating challenges for market growth and development.

Market Trends of the Global Transmission Line Market

The global transmission line market is witnessing a significant shift driven by digitalization, as utilities increasingly adopt advanced technologies to enhance grid management and operational efficiency. The integration of fiber-optic sensors, digital twins, and real-time condition monitoring enables proactive maintenance and precise tracking of conductor health, leading to optimized asset performance. Tools like GPS timing devices, Phasor Measurement Units (PMUs), SCADA systems, and machine learning-based analytics are being deployed to provide greater visibility and responsiveness in grid operations. This trend not only improves reliability and safety but also supports the transition towards more sustainable and resilient energy systems, positioning the market for robust growth in the coming years.

Table of Contents

Introduction

• Objectives of the Study
• Scope of the Report
• Definitions

Research Methodology

• Information Procurement
• Secondary & Primary Data Methods
• Market Size Estimation
• Market Assumptions & Limitations

Executive Summary

• Global Market Outlook
• Supply & Demand Trend Analysis
• Segmental Opportunity Analysis

Market Dynamics & Outlook

• Market Overview
• Market Size
• Market Dynamics
  • Drivers & Opportunities
  • Restraints & Challenges
• Porters Analysis
  • Competitive rivalry
  • Threat of substitute
  • Bargaining power of buyers
  • Threat of new entrants
  • Bargaining power of suppliers

Key Market Insights

• Key Success Factors
• Degree of Competition
• Top Investment Pockets
• Market Ecosystem
• Market Attractiveness Index, 2024
• PESTEL Analysis
• Macro-Economic Indicators
• Value Chain Analysis
• Pricing Analysis
• Case Studies

Global Transmission Line Market Size by Type & CAGR (2025-2032)

• Market Overview
• Overhead Transmission Lines
• Underground Transmission Lines
• Submarine Transmission Line

Global Transmission Line Market Size by End User & CAGR (2025-2032)

• Market Overview
• Utility
• Telecommunication
• Others

Global Transmission Line Market Size by Voltage & CAGR (2025-2032)

• Market Overview
• High Voltage
• Extra High Voltage
• Ultra High Voltage

Global Transmission Line Market Size by Product & CAGR (2025-2032)

• Market Overview
• AC Transmission Lines
• DC Transmission Lines
• Others

Global Transmission Line Market Size & CAGR (2025-2032)

• North America (Type, End User, Voltage, Product)
  • US
  • Canada
• Europe (Type, End User, Voltage, Product)
  • Germany
  • Spain
  • France
  • UK
  • Italy
  • Rest of Europe
• Asia Pacific (Type, End User, Voltage, Product)
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia-Pacific
• Latin America (Type, End User, Voltage, Product)
  • Brazil
  • Rest of Latin America
• Middle East & Africa (Type, End User, Voltage, Product)
  • GCC Countries
  • South Africa
  • Rest of Middle East & Africa

Competitive Intelligence

• Top 5 Player Comparison
• Market Positioning of Key Players, 2024
• Strategies Adopted by Key Market Players
• Recent Developments in the Market
• Company Market Share Analysis, 2024
• Company Profiles of All Key Players
  • Company Details
  • Product Portfolio Analysis
  • Company's Segmental Share Analysis
  • Revenue Y-O-Y Comparison (2022-2024)

Key Company Profiles

• Nexans
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• ABB
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• General Electric
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Prysmian Group
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Sumitomo Electric
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Arteche Group
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• MYR Group
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Kiewit
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Burns & McDonnell
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• AECOM
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Salasar
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments

Conclusion & Recommendations