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Power Transmission Lines & Towers Market Growth Analysis and Trends Forecast to 2024

Author : Rahul Sankrityayan | Published Date : 2019-03-29 

The U.S. power transmission lines & towers market is set to surpass USD 4 Billion by 2024. Increasing demand for revamping and retrofitting of the traditional grid infrastructure has infused a favorable industrial scenario. In addition, integration of enhanced grid control mechanism coupled with ongoing technological enhancements will augment the business growth.

2018 Market Size – USD 30 Billion

Compound annual Growth Rate (CAGR)- 1.5%

2025 Forecast Value – USD 60 Billion

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Rapid economic growth has led to an upsurge in the energy demand across most of the developing economies. Despite the growth in generation capacity, various nations across the globe have been prone to power deficit situation. Transmission and aggregate T&C losses result in huge overall deprivation in reference to revenue realization & energy. Hence, ongoing industrial trends have drifted the regulatory inclination from capacity addition to the enhancement of electricity supply networks and energy efficiency which in turn will foster the power transmission lines & towers market share.

Growth drivers of Power Transmission Lines & Towers Market:

North America

  • Refurbishment & retrofitting of grid infrastructure
  • Favorable energy policies

Europe

  • Stringent energy efficiency reforms
  • Focus towards smart grid deployment

Asia Pacific

  • Rising peak load demand
  • Positive renewable energy outlook

Middle East and Africa

  • Establishment of a sustainable energy infrastructure
  • Increasing demand for electricity

Latin America

  • Integration of a sustainable electrical network

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China power transmission lines & towers market in the recent years have gained significant escalation on account of rapid expansion of ultra-high-tension (UHT) networks to sustain the losses accrued from long-course electrical supply. In addition, favorable consumer and regulatory inclination towards the integration of HVDC networks to suffice the cross-border interconnection plans across the nation will positively sway the industry dynamics.

Chapter 6. Power Transmission Lines & Towers Market, By Insulation

6.1. Power transmission lines & towers market share by insulation, 2017 & 2024

6.2. PVC

6.2.1.   Market estimates and forecast, 2013-2024

6.2.2.   Market estimates and forecast, by region, 2013 – 2024

6.3. XLPE

6.3.1.   Market estimates and forecast, 2013-2024

6.3.2.   Market estimates and forecast, by region, 2013 – 2024

6.4. Rubber

6.4.1.   Market estimates and forecast, 2013-2024

6.4.2.   Market estimates and forecast, by region, 2013 – 2024

6.5. Others

6.5.1.   Market estimates and forecast, 2013-2024

6.5.2.   Market estimates and forecast, by region, 2013 – 2024

Chapter 7. Power Transmission Lines & Towers Market, By Voltage

7.1. Power transmission lines & towers market share by voltage, 2017 & 2024

7.2. 132 kV to 220 kV

7.2.1.   Market estimates and forecast, 2013-2024

7.2.2.   Market estimates and forecast, by region, 2013 – 2024

7.3. 221 kV to 660 kV

7.3.1.   Market estimates and forecast, 2013-2024

7.3.2.   Market estimates and forecast, by region, 2013 – 2024

7.4. > 660 kV

7.4.1.   Market estimates and forecast, 2013-2024

7.4.2.   Market estimates and forecast, by region, 2013 – 2024

Chapter 8. Power Transmission Lines & Towers Market, By Current

8.1. Power transmission lines & towers market share by current, 2017 & 2024

8.2. HVAC

8.2.1.   Market estimates and forecast, 2013-2024

8.2.2.   Market estimates and forecast, by region, 2013 – 2024

8.3. HVDC

8.3.1.   Market estimates and forecast, 2013-2024

8.3.2.   Market estimates and forecast, by region, 2013 – 2024

Chapter 9. Power Transmission Lines & Towers Market, By Application

9.1. Power transmission lines & towers market share by application, 2017 & 2024

9.2. High Tension (HT)

9.2.1.   Market estimates and forecast, 2013-2024

9.2.2.   Market estimates and forecast, by region, 2013 – 2024

9.3. Extra High Tension (EHT)

9.3.1.   Market estimates and forecast, 2013-2024

9.3.2.   Market estimates and forecast, by region, 2013 – 2024

9.4. Ultra High Tension (UHT)

9.4.1.   Market estimates and forecast, 2013-2024

9.4.2.   Market estimates and forecast, by region, 2013 – 2024

Browse complete table of content of this report @ www.gminsights.com/toc/detail/power-transmission-lines-and-towers-market

Related Report:

Electrical Conduit Market (2018-2024)

https://www.marketwatch.com/press-release/electrical-conduit-market-growth-analysis-and-trends-forecast-to-2024-2019-03-29

About Author

Rahul Sankrityayan

Rahul Sankrityayan

Fortified with a post-graduate degree in Computer Applications, Rahul Sankrityan writes for Fractovia, where he pens down news and articles spanning across segments of technology industry that excite him on a day-to-day basis. Rahul comes with a rich experience in technical field as well as writing. He can be contacted at- [email protected] | https://twitter.com/sankritsays

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