Electricity transmission towers are units that support power carrying conductors, i.e. overhead power lines between the generating end station and the local end substation. Electricity transmission towers play a vital role in delivering power through overhead lines by structurally supporting heavy high-voltage conductors. To transmit maximum power (110 kV or above) through overhead lines, typically towers have a height varying between 15 meters and 55 meters to withstand the tension. Normally, for heavy power transmission, HVDC (high-voltage direct-current) technology is used in long distance transmission to reduce power losses, and limit voltage drops; these DC conductors carry uniform voltage throughout their cross-sectional area. At maximum efficiency, the sending-end voltage should be equal to the receiving-end voltage, without any voltage drop out.
Growing demand for electricity and an increased rate of industrialization in developing countries drives the growth of the electricity transmission tower market. Aging infrastructure and increasing rate of bulk power transmission across long distances drives growth of the electricity transmission towers market. Varying steel prices, availability of steel, and import and export restrictions may impact the electricity transmission towers market.
The Global Electricity Transmission Towers Market had reached xxx million USD with a CAGR xx from 2015-2019. Later on, it will go to xxx million USD in 2020 with a CAGR xx % from 2020 - 2026.
In the global Electricity Transmission Towers Market, This report focuses particularly in North America, South America, Europe and Asia-Pacific, and Middle East and Africa. This report classifies the Market on the basis of application, type, regions, and manufactures.
In Market segmentation by manufacturers, the report covers the following companies-
Zhejiang Shengda Steel Tower
Prysmian
Daji
Changan Steel Tower Stock
Associated Power Structures
Karamtara Engineering
Sumitomo Electric Industries
Nexans
In Market segmentation by geographical regions, the report has analysed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
In Market segmentation by types :
AC
DC
In Market segmentation by applications :
Generating Station
Mining Industry
Manufacturing
Others
The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the Electricity Transmission Towers Market for the forecast period 2020 - 2026?
• What are the driving forces in the Electricity Transmission Towers Market for the forecast period 2020 - 2026?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the Electricity Transmission Towers industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players?