Market Overview:
The global radio tower market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for wireless communication and rising number of subscribers for cellular services. In addition, the growing trend of using smartphones and other portable devices is also contributing to the growth of this market. Based on type, the global radio tower market can be segmented into angle steel tower, steel tube tower, single-pipe tower, mast tower and others. Among these types, angle steel towers are expected to witness highest growth during the forecast period owing to their low installation cost as compared to other types of towers. Based on application, the global radio tower market can be segmented into communication, broadcast, television (TV), radar and navigation segments.
Product Definition:
A radio tower is a tall structure designed to support antennas for transmitting and receiving radio signals. Radio towers are typically used in communications, such as broadcasting, cellular telephony, and Amateur Radio.
Angle Steel Tower:
Angle steel tower is a type of radio tower used in the telecom sector. It is also known as an angle iron tower, because of its shape. They are economical and easy to build than other types of towers and they provide better coverage area for the antenna. The primary function of this type of structure is to support the radials or antennas that will allow service providers to offer their services in areas which were earlier unreachable due to topography or lack off space.
Steel Tube Tower:
Steel tube tower is a type of free-standing radio tower used for mounting the equipment that enables communication between transmitter and receiver. It consists of an insulated steel cylinder, which serves as a support structure for the antenna. The size of this cylinder can be varied to suit different applications. These towers are available in two forms - concrete and composite (wooden).
The concrete type is made up of four parts namely base, shaft, conical section at the top.
Application Insights:
The communication segment dominated the global radio tower market in 2017 and is expected to witness significant growth over the forecast period. The growing demand for high-speed wireless data connectivity, especially in developed regions, is anticipated to drive the demand for radio towers. Furthermore, governments are taking initiatives to provide improved mobile network coverage across their countries by increasing the number of towers and antennas. This will further fuel market growth during the forecast period.
Radar applications are expected to witness a CAGR of XX% from 2018 to 2030 owing to increased military spending on advanced radar systems that provide enhanced defense capabilities against aerial threats such as aircraft and missiles. Moreover, technological advancements coupled with extensive R&D activities undertaken by major industry players will further propel industry growth over the coming years.
Regional Analysis:
North America dominated the global radio tower market in terms of revenue share in 2017. The growth can be attributed to the presence of a large number of market players, high investments in infrastructure development, and technological advancements. For instance, according to an article published by Modern Engineering Technologies Inc., U.S. is expected to invest USD X trillion over a period of five years for improving its communication systems and infrastructure facilities such as roads, bridges, airports etc.
Asia Pacific is anticipated to witness significant growth during the forecast period owing to increasing demand from developing countries such as India.
Growth Factors:
- Increasing demand for radio tower services from telecom operators to meet the growing data traffic needs.
- Proliferation of small cell deployments to densify network coverage and capacity in urban areas.
- Rising number of satellite TV subscribers globally, which is driving the need for more radio towers to support satellite transmission infrastructure.
- Growing popularity of unlicensed spectrum bands (e.g., LTE-U) for deployment of small cells and other wireless applications, which is leading to an increase in the number of radio towers needed for these applications.
Scope Of The Report
Report Attributes
Report Details
Report Title
Radio Tower Market Research Report
By Type
Angle Steel Tower, Steel Tube Tower, Single-pipe Tower, Mast Tower
By Application
Communication, Broadcast, Television, Radar, Navigation
By Companies
American Tower, SBA Communications, United States Cellular Co., Vertical Bridge, Insite Towers, Rohn Products LLC, WADE Antenna, Kemrock, Alstom T&D India Limited, Power Grid Corporation of India Limited, American Tower, BS Group, 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
130
Number of Tables & Figures
91
Customization Available
Yes, the report can be customized as per your need.
Global Radio Tower Market Report Segments:
The global Radio Tower market is segmented on the basis of:
Types
Angle Steel Tower, Steel Tube Tower, Single-pipe Tower, Mast 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
Communication, Broadcast, Television, Radar, Navigation
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:
- American Tower
- SBA Communications
- United States Cellular Co.
- Vertical Bridge
- Insite Towers
- Rohn Products LLC
- WADE Antenna
- Kemrock
- Alstom T&D India Limited
- Power Grid Corporation of India Limited
- American Tower
- BS Group
- Karamtara
Highlights of The Radio 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:
- Angle Steel Tower
- Steel Tube Tower
- Single-pipe Tower
- Mast Tower
- By Application:
- Communication
- Broadcast
- Television
- Radar
- Navigation
- 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 Radio 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?
Radio Tower is a communications tower that is used for radio and television broadcasting.
Some of the major players in the radio tower market are American Tower, SBA Communications, United States Cellular Co., Vertical Bridge, Insite Towers, Rohn Products LLC, WADE Antenna, Kemrock, Alstom T&D India Limited, Power Grid Corporation of India Limited, American Tower, BS Group, Karamtara.
The radio 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 Radio 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 Radio Tower Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Radio 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 Radio 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 Radio Tower Market Size & Forecast, 2020-2028
4.5.1 Radio Tower Market Size and Y-o-Y Growth
4.5.2 Radio 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 Angle Steel Tower
5.2.2 Steel Tube Tower
5.2.3 Single-pipe Tower
5.2.4 Mast 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 Communication
6.2.2 Broadcast
6.2.3 Television
6.2.4 Radar
6.2.5 Navigation
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Radio 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 Radio 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 Angle Steel Tower
9.6.2 Steel Tube Tower
9.6.3 Single-pipe Tower
9.6.4 Mast 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 Communication
9.10.2 Broadcast
9.10.3 Television
9.10.4 Radar
9.10.5 Navigation
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 Angle Steel Tower
10.6.2 Steel Tube Tower
10.6.3 Single-pipe Tower
10.6.4 Mast 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 Communication
10.10.2 Broadcast
10.10.3 Television
10.10.4 Radar
10.10.5 Navigation
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 Angle Steel Tower
11.6.2 Steel Tube Tower
11.6.3 Single-pipe Tower
11.6.4 Mast 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 Communication
11.10.2 Broadcast
11.10.3 Television
11.10.4 Radar
11.10.5 Navigation
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 Angle Steel Tower
12.6.2 Steel Tube Tower
12.6.3 Single-pipe Tower
12.6.4 Mast 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 Communication
12.10.2 Broadcast
12.10.3 Television
12.10.4 Radar
12.10.5 Navigation
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 Angle Steel Tower
13.6.2 Steel Tube Tower
13.6.3 Single-pipe Tower
13.6.4 Mast 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 Communication
13.10.2 Broadcast
13.10.3 Television
13.10.4 Radar
13.10.5 Navigation
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 Radio Tower Market: Competitive Dashboard
14.2 Global Radio Tower Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 American Tower
14.3.2 SBA Communications
14.3.3 United States Cellular Co.
14.3.4 Vertical Bridge
14.3.5 Insite Towers
14.3.6 Rohn Products LLC
14.3.7 WADE Antenna
14.3.8 Kemrock
14.3.9 Alstom T&D India Limited
14.3.10 Power Grid Corporation of India Limited
14.3.11 American Tower
14.3.12 BS Group
14.3.13 Karamtara
