Market Overview:
The global high voltage power transmission tower market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The market growth is attributed to the increasing demand for electricity and the need for reliable and efficient transmission of power. The self-standing tower segment is expected to dominate the market during the forecast period, owing to its low installation cost and easy installation process. However, the cable tower segment is projected to grow at a higher CAGR due to its ability to transmit large amounts of power over long distances with low losses. In terms of application, industrial sector is expected be the largest consumer of high voltage power transmission towers during the forecast period followed by military sector.
Product Definition:
A high voltage power transmission tower is a structure used to carry high voltage electricity over long distances. They are an important part of the electric grid, and are used to move electricity from where it is generated to where it is needed.
Self-Standing Tower:
Self-standing tower is a type of high voltage power transmission tower which can be used for the purpose of mounting transformers, switchgears and other electrical equipment. It is also used in some cases where it's height is an advantage and support structures are not required. Self-standing towers are generally built in dry places with no water supply near by so that it can withstand any kind of weather conditions.
Cable Tower:
Cable tower is a vertical power transmission structure made up of several cables that are used to transmit the electrical energy from one or more sources to multiple destinations. The cable tower has different applications in high voltage power transmission market such as substation, switchgears, circuit-breaker panels and others. In high voltage power transmission industry, there are two types of towers namely primary and secondary/tertiary towers which differ in size and capacity based on their usage.
Application Insights:
The others application segment includes the tower used for Telecom, Radio and TV broadcast applications. The telecom tower is expected to be the most prominent segment over the forecast period owing to increasing demand for high voltage power transmission systems in order to transmit data from a remote location through optical fiber cables. These towers are also used as an antenna for communication purposes.
High-voltage power transmission system is widely utilized in industrial applications due to its ability of transferring large amounts of electricity over long distances with low loss and stable quality. It has been observed that HVPS finds application across various industries such as oil & gas, steel manufacturing, etc.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing region over the forecast period. The growth can be attributed to increasing demand for renewable energy, which has led to an increase in investments in wind farms and solar farms across this region. For instance, China has set up a target of investing USD X billion by 2020 in wind power projects. Such initiatives are anticipated to boost the installation of renewable energy generation facilities, thereby driving industry growth over the next eight years.
Europe was valued at USD X million in 2017 and is projected to grow at a CAGR of XX% from 2018 until 2030 owing high investment spending on electricity infrastructure development along with growing consumer awareness regarding voltage fluctuations.
North America accounted for 24% share of global revenue in 2017 due primarily high investment spending on electricity infrastructure development along with growing consumer awareness regarding voltage fluctuations.
Growth Factors:
- Increasing demand for electricity due to population growth and industrialization in developing countries
- Government initiatives for expanding the transmission infrastructure to meet the growing demand for electricity
- Favorable regulatory framework and policies supporting power transmission projects
- Technological advancements in high voltage power transmission towers that improve efficiency and reduce installation time
- Growing investments in renewable energy sources such as solar and wind, which require robust transmission infrastructure
Scope Of The Report
Report Attributes
Report Details
Report Title
High Voltage Power Transmission Tower Market Research Report
By Type
Self-Standing Tower, Cable Tower
By Application
Industrial, Military, Others
By Companies
SAE Towers, Reliance Industries, Hydro-Québec, China State Gride, BS Group, Skipper Limited, Alstom T&D India Limited, Power Grid Corporation of India Limited, ICOMM, V K Industry, SAE Towers, Karamtara
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
169
Number of Tables & Figures
119
Customization Available
Yes, the report can be customized as per your need.
Global High Voltage Power Transmission Tower Market Report Segments:
The global High Voltage Power Transmission Tower market is segmented on the basis of:
Types
Self-Standing Tower, Cable Tower
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Industrial, Military, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- SAE Towers
- Reliance Industries
- Hydro-Québec
- China State Gride
- BS Group
- Skipper Limited
- Alstom T&D India Limited
- Power Grid Corporation of India Limited
- ICOMM
- V K Industry
- SAE Towers
- Karamtara
Highlights of The High Voltage Power Transmission Tower Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Self-Standing Tower
- Cable Tower
- By Application:
- Industrial
- Military
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the High Voltage Power Transmission Tower Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A high voltage power transmission tower is a tall, slender structure used to transmit electricity over long distances. The towers are made of metal and concrete and are typically topped with an antenna or other equipment.
Some of the key players operating in the high voltage power transmission tower market are SAE Towers, Reliance Industries, Hydro-Qu©bec, China State Gride, BS Group, Skipper Limited, Alstom T&D India Limited, Power Grid Corporation of India Limited, ICOMM, V K Industry, SAE Towers, Karamtara.
The high voltage power transmission tower market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 High Voltage Power Transmission Tower Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 High Voltage Power Transmission Tower Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 High Voltage Power Transmission Tower Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the High Voltage Power Transmission Tower Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global High Voltage Power Transmission Tower Market Size & Forecast, 2020-2028
4.5.1 High Voltage Power Transmission Tower Market Size and Y-o-Y Growth
4.5.2 High Voltage Power Transmission Tower Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Self-Standing Tower
5.2.2 Cable Tower
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Industrial
6.2.2 Military
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global High Voltage Power Transmission Tower Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 High Voltage Power Transmission Tower Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Self-Standing Tower
9.6.2 Cable Tower
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Industrial
9.10.2 Military
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Self-Standing Tower
10.6.2 Cable Tower
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Industrial
10.10.2 Military
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Self-Standing Tower
11.6.2 Cable Tower
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Industrial
11.10.2 Military
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Self-Standing Tower
12.6.2 Cable Tower
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Industrial
12.10.2 Military
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Self-Standing Tower
13.6.2 Cable Tower
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Industrial
13.10.2 Military
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 High Voltage Power Transmission Tower Market: Competitive Dashboard
14.2 Global High Voltage Power Transmission Tower Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 SAE Towers
14.3.2 Reliance Industries
14.3.3 Hydro-Québec
14.3.4 China State Gride
14.3.5 BS Group
14.3.6 Skipper Limited
14.3.7 Alstom T&D India Limited
14.3.8 Power Grid Corporation of India Limited
14.3.9 ICOMM
14.3.10 V K Industry
14.3.11 SAE Towers
14.3.12 Karamtara
