QYR Market Research Global ACSR market research | Page 4
QYResearch
Asia-Pacific is the largest market for ACSR among other regions studied in this
report, and will continue to dominate the ACSR market. China is leading the
regional ACSR market, whereas other global key markets include the U.S., India,
Germany, U.K., Brazil, and Egypt. The manufacturers and service providers in
Asia-Pacific are focusing and creating huge prospects in this service industry.
Also, governments, private producers & service providers, and cables &
accessories manufacturers are continuously trying to integrate their existing
technologies and develop new ones extensively to increase the capacity of high
voltage transmission and reduce the impact of high voltage transmission near
residential areas. We tend to believe that this industry still has a bright future,
considering the current demand of ACSR. As for product prices, the slow
downward trend in recent years will continue in the next few years, as
competition intensifies. Similarly, there will be fluctuations in gross margin.