1 / 6

Transmission Towers Market Update, Analysis, Forecast, 2022 – 2028

The Transmission Towers Market research report analysis from recent past with an eye on coming years in this report that also offers projections towards industry targeted at helping in business decisions. Global transmission tower market size will record more than 4% CAGR during the forecast period of 2022-2028.

Sh_23
Download Presentation

Transmission Towers Market Update, Analysis, Forecast, 2022 – 2028

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Transmission Towers Market Update, Analysis, Forecast, 2022 – 2028 • The Transmission Towers Market research report analysis from recent past with an eye on coming years in this report that also offers projections towards industry targeted at helping in business decisions. Global transmission tower market size will record more than 4% CAGR during the forecast period of 2022-2028. • Global transmission tower market has seen commendable progress due to the strong demand for a continuous supply of electricity across urban and rural areas. Governments are announcing supportive initiatives to expand the network of transmission & distribution (T&D) systems. • Power outage and poor functioning of grid networks have become some of the major causes of concern for developed and developing nations. With the rising establishment of industries and use of connected technologies, the pressure to keep up with the strong electricity demand has overwhelmed the power supply networks. Global Market Insights Inc. © 2022 All Rights Reserved www.gminsights.com

  2. These companies are launching new and improved versions of their products to expand their range of offerings. For instance, in August 2021, TATA Power announced plans to develop a 3-circuit high-tension transmission tower at a metro construction site in Mumbai, India. The tower will carry 220 kV of power lines and provide a continuous electricity supply during the construction work. • Electricity consumption has reached an all-time high in recent years due to the growing industrialization and urbanization. With the work-from-home trend picking up pace, especially since the COVID-19 pandemic period, the need for an uninterrupted supply of electricity has skyrocketed. • The rising adoption of wireless systems and advanced technologies like AI, machine learning, and IoT has significantly increased the installation of these facilities. According to reports, data centers consume nearly 200 terawatt hours (TWh) every year, which is more than the total energy consumption of some nations. This will further improve the demand for high-performing transmission lines. Global Market Insights Inc. © 2022 All Rights Reserved www.gminsights.com

  3. Request for a Sample Copy of this Report @ https://www.gminsights.com/request-sample/detail/5263 Global Market Insights Inc. © 2022 All Rights Reserved www.gminsights.com

  4. Regional Analysis • According to the National Bureau of Economic Research (NBER), U.S. citizens spent around USD 6 billion more on residential energy consumption between April and July 2020 as compared to pre-COVID times. Over the next few years, the deployment of transmission towers to support incessant power demand will continue to see an uptick. • In December 2020, Mexico witnessed the failure of two major transmission lines, which disconnected 8.7 GW of generation capacity. The incident left one-third of the country without power. Such mishaps have prompted organizations and governments to work on various ways to enhance the load-bearing capacity of transmission towers and fulfill people’s electricity needs. • Competitive Analysis • QUANTA SERVICES, Utkarsh India Limited, Jyoti Structures Limited, Valard Construction, NEXANS, Burns & McDonnell, Power Line Services, Inc, and Wilson Construction, among others Make An Inquiry To Purchase This Report @ https://www.gminsights.com/inquiry-before-buying/5263 Global Market Insights Inc. © 2022 All Rights Reserved www.gminsights.com

  5. Latest Research Report On Transmission Towers Market@ https://www.gminsights.com/industry-analysis/transmission-towers-market Request for sample of this research report@ https://www.gminsights.com/request-sample/detail/5263 Request for customization: https://www.gminsights.com/roc/5263 Global Market Insights Inc. © 2022 All Rights Reserved www.gminsights.com

  6. Stay In Touch You can visit us at: www.gminsights.com Thank You…! © 2017 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com www.gminsights.com

More Related