Power Transmission Towers, Update 2017 – Global Market Size, Competitive Landscape, Key Country Analysis and Forecast to 2021

2017-09-11
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Published : Sep-2017
No. of Pages : 178
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Power Transmission Towers, Update 2017 – Global Market Size, Competitive Landscape, Key Country Analysis and Forecast to 2021

Summary

Global transmission tower market was valued at US$13.05 Billion in 2016 and is estimated register a compound annual growth rate (CAGR) of 0.62% between 2016 and 2021. In growing economies such as those of Asia-Pacific and the Middle East, new capacity addition in the generation and transmission sector to meet the rise in electricity demand is driving the market for transmission towers. In the Americas and Europe, replacement of aging grid infrastructure and large-scale integration of renewable are driving the new transmissions projects which is increasing the demand for transmission towers.

During the year 2016, the Asia-Pacific region led the market in terms of market value witnessing US$7.50 Billion and is estimated to reach US$7.93 Billion in 2021. The transmission tower market in the region is mainly driven by new investments to develop a new age grid. The EMEA (Europe, Middle East, and Africa) and the Americas registered a market value of US$3.45 Billion and US$2.10 Billion, respectively, in 2016.

With China’s ambitious plans to expand its ultra-high voltage (UHV) transmission grid and regional connectivity, the country topped the global transmission tower market in 2016 with a market value over 30% of the global transmission tower market. India emerged as the second-largest market for transmission towers, contributing to over 15% of the global market.

Russia ranked third in the global transmission tower market with a market expected to reach US$925.2m by 2021. Aging infrastructure in the country requires large volume of grid upgrades, thus driving the transmission tower market. The US ranked fourth during the year 2016.

The report “Power Transmission Towers, Update 2017 – Global Market Size, Competitive Landscape, Key Country Analysis and Forecast to 2021” offers comprehensive information and understanding of the global transmission towers market. The report analyzes the current trend and future potential of transmission towers market at global, regional (Asia-Pacific, Americas, Europe, and Middle East and Africa) and key countries (the US, Canada, Brazil, China, India, Japan, the UK, Germany, Russia, and Saudi Arabia) level.

In depth, this report provides the following –
– Analysis of the growth of transmission towers market with a focus on market value in global and regional level including Asia-Pacific, Americas, Europe, and Middle East and Africa.
– The report provides transmission towers market analysis for key countries including the US, Canada, Brazil, China, India, Japan, the UK, Germany, Russia, and Saudi Arabia.
– The report offers country level transmission towers market value and volume, classified by voltage, for the historical (2011-2016) and forecast (2017-2021) periods.
– Qualitative analysis of key market drivers and restraints, and analysis of their impacts on transmission towers market are discussed.
– The report provides competitive landscape at country level for the year 2016. It also covers key policies and initiatives, and upcoming projects.

Scope

The report analyzes transmission towers market. Its scope includes –
– Analysis of the growth of transmission towers market with a focus on market value in global and regional level including Asia-Pacific, Americas, Europe, and Middle East and Africa.
– The report provides transmission towers market analysis for key countries including the US, Canada, Brazil, China, India, Japan, the UK, Germany, Russia, and Saudi Arabia.
– The report offers country level transmission towers market value and volume, classified by voltage, for the historical (2011-2016) and forecast (2017-2021) periods.
– Qualitative analysis of key market drivers and restraints, and analysis of their impacts on transmission towers market are discussed.
– The report provides competitive landscape at country level for the year 2016. It also covers key policies and initiatives, and upcoming projects.

Reasons to buy

The report will enhance your decision making capability in a more rapid and time sensitive manner. It will allow you to –
– Facilitate decision-making by analyzing market data on transmission towers
– Develop strategies based on developments in the transmission towers market
– Identify key partners and business-development avenues, based on an understanding of the movements of the major competitors in the transmission towers market
– Respond to your competitors’ business structure, strategies and prospects.

Filed in: Energy & Power
Publisher : GlobalData
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