Log In

 

Company Name : Frost & Sullivan

Tuesday, November 28, 2017 3:15PM IST (9:45AM GMT)

Growth Opportunities for Aluminum Rods and Conductor Companies Set to Boom as Electricity Grid Quadruples by 2040


They must leverage integration, partnership, service and technology leadership to boost the Indian market finds Frost & Sullivan's Metals & Minerals team


Mumbai, Maharashtra, India

The aluminum (AI) rods and conductors market in India is experiencing steady growth due to upcoming investment plans in utilities by private and public sectors. This is driving the manufacturing of conductors along with progressive Mega Trends such as demographic changes, accelerating urbanization, technology breakthroughs, and shift to renewables boosting utilities' installation. As India grows into an industrial and knowledge-based economy, energy demand will grow to 1,500 million tons of oil equivalent (MTOE) in 2030. With the electricity grid quadrupling in size by 2040, current demand will be doubled.


Frost & Sullivan's "Aluminum (Al) Rods and Conductors Market in India, 2017", analyzes the supply structures and value chain, ecosystem evolution, trade dynamics, drivers, growth opportunities in the Transmission and Distribution segment, challenges, restraints, and technology trends impacting the market.


To access more information on this analysis, please click here. A macro-micro overview showcasing insights relative to global trends across industries is available for the South Asian (India) and Middle Eastern & North African (MENA) markets.
 
"To add value in an evolving ecosystem, aluminum rod and conductor companies must leverage integration, partnership, services, and technology leadership, as well as provide high-value, consistent quality and competitive pricing," said Barath Subramanian, Business Development Manager, Metal & Minerals Practice, Frost & Sullivan.
 
Long order cycles of transmission and distribution (T&D) projects, volatility of LME prices, and intense competition in wire rod and conductor manufacturers lead to lower premiums and stiff competition. Nevertheless, growth opportunities for value add and cost competitiveness can be secured by:
  • Forward integration with conductor manufacturing and backward integration with aluminum rod production to support companies in securing feedstock and creating in-house demand;
  • Assessing export markets in Latin America, the Middle East and North America, where purchase prices are high;
  • Lowering inventory carrying costs and providing operational efficiencies through just-in-time delivery;
  • Providing technical services with product customization and flexible commercial terms; and
  • Supplying varied alloy compositions to increase market share
"Manufacturers need to focus on developing strong supply chains that can cater to the bespoke demands with agility, and provide reverse feedback and intelligence on how trends are evolving," noted Barath. "This will be particularly useful in catering to the Transmission and Distribution segment."
 
Analysis of the "Aluminum (Al) Rods and Conductors Market in Africa, 2017" is also available.

About Frost & Sullivan

Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants. For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Is your organization prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies?

Website: http://ww2.frost.com

Social Media Handles - 


Click here for Media Contact Details

Priya George, Corporate Communications – South Asia, Frost & Sullivan, +91-9840355432, +91 (44) 66814414, priyag@frost.com


More News from Frost & Sullivan

11/04/2018 6:30PM

Frost & Sullivan Presents the Top 50 Disruptive Technologies & Innovations Transforming Our World

Frost & Sullivan's global emerging technology, innovation and convergence practice - TechVision, will be hosting a live, complimentary Growth Innovation Leadership (GIL) Briefing (webinar) titled,“Top 50 Disruptive ...

10/04/2018 5:36PM

Data Explosion is Propelling Over-the-top (OTT) Video Consumption in India Intensifying Market Competition with Global Services

The OTT market in India is beginning to see real traction with more competitors and new innovative platforms on the back of cheaper data bundles. Frost & Sullivan's "Over-the-top (OTT) Video Services Market, India, ...

05/04/2018 1:14PM

Frost & Sullivan to Honor Innovators Ready for the New ‘Smart Manufacturing Ecosystem’ at the India Manufacturing Excellence Awards (IMEA) 2018

Frost & Sullivan announces launch of the 15th edition of its India Manufacturing Excellence Awards 2018, scheduled to be held on December 6th, 2018 at Hyatt Regency, Mumbai. Nominations for this edition of the awards ...

Similar News

27/04/2018 1:23PM

MaGC - Values Beyond Consulting

MaGC, Management and Governance Consulting, is one of India’s leading consulting companies with strong competency in Business Advisory, Governance and Public Finance, Process Advisory, Information Technology, Training ...

No Image

27/04/2018 1:15PM Image

వినియోగదారు-కేంద్రీకృత సాంకేతిక ఆవిష్కరణలను వేగవంతం చేసేందుకు Finablr ప్రారంభించబడింది

డా. బి. ఆర్. శెట్టి (Dr. B.R. Shetty) తన ప్రపంచ ఆర్థిక సేవల బ్రాండ్లను ఏకీకృతం చేసే ఉద్దేశంతో “Finablr”అనే ఒక హోల్డింగ్ కంపెనీ ప్రారంభించారు. నాలుగు దశాబ్దాలకు పైగా పరిశ్రమ అనుభవంతో, ఆర్థిక సేవల ...

@Frost_MENASA’s #Aluminium Rods & Conductors Mkt in India 2017 analyzes supply struc & value chain, #trade dynamics, drivers, growth opps in T&D segment, challenges, restraints & #tech trends https://goo.gl/DCCHwr

Tweet this

News Summary

Frost & Sullivan's "Aluminum (Al) Rods and Conductors Market in India, 2017", analyzes the supply structures and value chain, ecosystem evolution, trade dynamics, drivers, growth opportunities in the Transmission and Distribution segment, challenges, restraints, and technology trends impacting the market.