Transmission Tower Market

Date: 2016-05

A transmission tower is a structure which supports and conveys electric transmission lines. Transmission tower are the supporting structure for overhead lines and carry the transmission conductor above the ground level. The rising demand for electricity, need for replacement of ageing infrastructure and installation of new transmission and distribution infrastructure is expected to drive the growth of transmission tower market. However, varying raw material prices, especially steel, and export and import restrictions may hinder the future potential of this market.
Transmission towers are used in high voltage AC and DC applications to carry safety critical and heavy conductor. Thus, transmission towers need to be able to withstand natural calamities and must be designed accordingly.
Developing nations such as India and China are key markets driving the growth of this market whereas in developed economies such the North American and European regions presents new growth avenues with respect to the technological developments and replacement demand. However, fluctuating steel prices, and import/export regulations are key restraints for global transmission towers market.
This report identifies the global transmission towers market size in for the year 2014-2016, and forecast of the same for year 2021. It also highlights the potential growth opportunities in the coming years, while also reviewing the market drivers, restraints, growth indicators, challenges, market dynamics, competitive landscape, and other key aspects with respect to transmission tower market.

Geographically Asia Pacific dominated global transmission tower market, and is projected to have fastest growth, owing to increasing urbanization and industrialization in countries such as China and India. North America accounted for second highest market share in 2015
This report segments global transmission towers market on the basis of type, design, and regional market as follows:
Transmission Towers Market, by Type: AC, and DC
Transmission Towers Market, by Design: Tubular Steel, Lattice, Wood, and Concrete
This is report has been further segmented into major regions, which includes detailed analysis of each region such as: North America, Europe, Asia-Pacific (APAC), and Rest of the World (RoW) covering all the major country level markets in each of the region

This report identifies all the major companies operating in the Transmission Towers market. Some of the major companies’ profiles in detail are as follows:
Kalpataru Power Transmission Limited
Associated Power Structures Pvt. Ltd.
Nanjing Daji Iron Tower Manufacturing Company Ltd.
Karamtara Engineering Pvt. Ltd.
Weifang Changan Steel Tower Stock Company Ltd.

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