QYR Market Research Global ACSR market research | Page 3

QYResearch
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The global ACSR market is projected to grow at a CAGR of
1.0% during the forecast period, to reach USD 3.1 Billion by
2022. Offshore windfarms, high voltage direct current links,
and grid interconnections are the major drivers of the ACSR
market. Increasing need for grid interconnections is resulting in
rising investments in the new submarine and underground cables
& accessories market over overhead transmission lines.