Market Overview:
The global power transmission towers and cables market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for electricity and rising investments in renewable energy sources. In addition, the growing number of smart cities is also contributing to the growth of this market. The power transmission towers segment is expected to grow at a CAGR of 5.8% from 2018 to 2030, while the power transmission cables segment is projected to grow at a CAGR of 5.4%. The residential sector accounted for the largest share (39%) of the global power transmission towers and cables market in 2017, followed by commercial (27%) and industrial (24%).
Product Definition:
Power transmission towers and cables are the structures used to transfer electric power from one place to another. They are important because they allow for the distribution of power over large distances, which is necessary for economies of scale.
Power Transmission Towers:
Power transmission towers, it’s usage and growth factor in power transmission towers & cables market is expected to grow at a significant rate over the forecast period. The primary function of power transmission tower is to provide electricity from one place to another using high voltage lines. These towers are used for transmitting bulk power from generating stations or hydroelectric plants through overhead wires along with some underground cables.
Power Transmission Cables:
Power transmission cables and it's usage in power transmission towers & cables market is used to transmit electrical energy from one point to another with the help of mechanical devices. The cable consists of two conductors that are made up of copper wire; the outer layer of the cable is coated with an insulation material, which helps in preventing electricity from flowing through into other parts.
The different types of power transmission cables include high-voltage (HV).
Application Insights:
The commercial segment accounted for the largest revenue share of over 60% in 2017. The growing construction industry, particularly in emerging economies such as India and China, is expected to drive demand for GVT systems over the forecast period. In addition, increasing number of power stations along with rising demand from industrial sectors including oil & gas and petrochemicals are anticipated to augment market growth during the study period.
The residential application segment is expected to witness significant growth owing to increasing adoption rate of GVT systems by home owners who have multiple electrical appliances that need frequent repairs or maintenance work on their homes. In addition, consumers prefer investing in these types of solutions due to high durability and reliability associated with them which further drives their demand across various applications such as hospitals or educational institutions among others.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth can be attributed to increasing demand for electricity in countries, such as China and India. In 2016, Asia accounted for a share of more than 50% of global power lines market revenue owing to high demand for electric vehicles and industrial machinery in these countries.
The growing manufacturing sector coupled with rising investments in renewable energy projects is likely to drive industry expansion over the coming years. Moreover, favorable government policies are anticipated to boost industry development by providing tax benefits on investment and encouraging FDI through special economic zones (SEZs).
Growth Factors:
- Increasing demand for electricity due to population growth and industrialization in developing countries
- Rapid urbanization and development of smart cities
- Expansion of renewable energy sources such as solar and wind power
- Replacement of aging infrastructure
- Growing demand for electric vehicles
Scope Of The Report
Report Attributes
Report Details
Report Title
Power Transmission Towers and Cables Market Research Report
By Type
Power Transmission Towers, Power Transmission Cables
By Application
Residential, Commercial, Industrial
By Companies
Kalpataru Power Transmission, Zhejiang Shengda Steel Tower, Nanjing Daji Iron Tower Manufacturing, ShanDong DingChang Tower, KEC International, Prysmian, Nexans, General Cable Technologies Corporation, Sumitomo Electric Industries, Southwire Company, Kalpataru Power Transmission
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
244
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Power Transmission Towers and Cables Market Report Segments:
The global Power Transmission Towers and Cables market is segmented on the basis of:
Types
Power Transmission Towers, Power Transmission Cables
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
Residential, Commercial, Industrial
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:
- Kalpataru Power Transmission
- Zhejiang Shengda Steel Tower
- Nanjing Daji Iron Tower Manufacturing
- ShanDong DingChang Tower
- KEC International
- Prysmian
- Nexans
- General Cable Technologies Corporation
- Sumitomo Electric Industries
- Southwire Company
- Kalpataru Power Transmission
Highlights of The Power Transmission Towers and Cables 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:
- Power Transmission Towers
- Power Transmission Cables
- By Application:
- Residential
- Commercial
- Industrial
- 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 Power Transmission Towers and Cables 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?
Power transmission towers and cables are used to transmit electricity from power plants to homes and businesses. The towers contain metal wires that are suspended in the air, and the cables connect the towers to each other. Electricity is transmitted through these wires as a current, which makes it possible for people to use electrical appliances.
Some of the major companies in the power transmission towers and cables market are Kalpataru Power Transmission, Zhejiang Shengda Steel Tower, Nanjing Daji Iron Tower Manufacturing, ShanDong DingChang Tower, KEC International, Prysmian, Nexans, General Cable Technologies Corporation, Sumitomo Electric Industries, Southwire Company, Kalpataru Power Transmission.
The power transmission towers and cables market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Power Transmission Towers and Cables 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 Power Transmission Towers and Cables Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Power Transmission Towers and Cables 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 Power Transmission Towers and Cables 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 Power Transmission Towers and Cables Market Size & Forecast, 2020-2028
4.5.1 Power Transmission Towers and Cables Market Size and Y-o-Y Growth
4.5.2 Power Transmission Towers and Cables 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 Power Transmission Towers
5.2.2 Power Transmission Cables
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 Residential
6.2.2 Commercial
6.2.3 Industrial
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Power Transmission Towers and Cables 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 Power Transmission Towers and Cables 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 Power Transmission Towers
9.6.2 Power Transmission Cables
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 Residential
9.10.2 Commercial
9.10.3 Industrial
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 Power Transmission Towers
10.6.2 Power Transmission Cables
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 Residential
10.10.2 Commercial
10.10.3 Industrial
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 Power Transmission Towers
11.6.2 Power Transmission Cables
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 Residential
11.10.2 Commercial
11.10.3 Industrial
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 Power Transmission Towers
12.6.2 Power Transmission Cables
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 Residential
12.10.2 Commercial
12.10.3 Industrial
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 Power Transmission Towers
13.6.2 Power Transmission Cables
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 Residential
13.10.2 Commercial
13.10.3 Industrial
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 Power Transmission Towers and Cables Market: Competitive Dashboard
14.2 Global Power Transmission Towers and Cables Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Kalpataru Power Transmission
14.3.2 Zhejiang Shengda Steel Tower
14.3.3 Nanjing Daji Iron Tower Manufacturing
14.3.4 ShanDong DingChang Tower
14.3.5 KEC International
14.3.6 Prysmian
14.3.7 Nexans
14.3.8 General Cable Technologies Corporation
14.3.9 Sumitomo Electric Industries
14.3.10 Southwire Company
14.3.11 Kalpataru Power Transmission
