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Tuesday 12 April 2016

Power Transmission Towers and Cables Market to Reach US$13.90 bn by 2023 with Mounting Demand for Electricity

The power transmission towers and cables market report by Transparency Market Research provides in-depth analysis of the power transmission towers and cables market globally. The report segments the market on the basis of type and geography. The report analyzes the global power transmission towers and cables market in terms of both sales volume and revenue (US$ Mn) for the 2015–2023 period. For this research study, the base year is 2014, whereas the forecast is from 2015 to 2023.

The report provides a comprehensive competitive landscape and features companies engaged in the manufacturing, construction, installation, and operation of power transmission towers and cables. This report includes the key dynamics affecting the power transmission towers and cables market globally. The analysis in the report provides detailed insights of the global power transmission towers and cables market. Market dynamics such as drivers, opportunities, and restraints of the market were analyzed in detail and are illustrated in the report through tables. The report also provides a detailed industry analysis of global power transmission towers and cables with the help of Porter’s Five Forces model.

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Power transmission towers and cables are a vital part of the power transmission infrastructure. These components are used for transmission and distribution of electricity from power generation facilities to the end-users. Power transmission towers are tall vertical structures usually erected for the purpose of supporting and carrying transmission lines. Power transmission cables are used either as overhead, underground or submarine cables for the onshore and offshore operations to connect with power grid.

The power transmission towers and cables market has been segmented on the basis of type and geography. The power transmission towers and cables market has been segmented by type into power transmission towers and power transmission cables. The power transmission towers and cables market has been segmented geographically into five regional segments and further into 12 unique country sub-segments. The regional segments are North America, Europe, Asia Pacific, Middle East and Africa, and Latin and Central Americas. The 12 countries which have been separately addressed in this report are the U.S., Canada, Mexico, CIS countries, Germany, the U.K, China, India, Saudi Arabia, South Africa, Brazil, and Argentina.

Asia Pacific held the major share of the global power transmission towers and cables market in 2014, accounting for more than 35% of the global market share in terms of sales revenue. Asia Pacific is expected to be the fastest growing market for power transmission towers and cables. Counties such as China and India are expected to be the main divers for growth in Asia Pacific power transmission towers and cables market. North America was the second-largest market for power transmission towers and cables in 2014. Middle East and Africa, Europe, and Latin and Central Americas together constituted for less than 50% share of the global power transmission towers and cables market in that year. Middle East is expected to increase its market share of the global power transmission towers and cables market. Middle East is expected to be second fastest growing market for power transmission towers and cables. Huge investments in power transmission infrastructure by countries such as Saudi Arabia and others are expected to drive the demand for power transmission towers and cables in this region. Power transmission cables type segment accounted for around 70% share of the global power transmission towers and cables market in 2014.

Some of the key market participants in the power transmission towers and cables market include Kalpataru Power Transmission Ltd., Zhejiang Shengda Steel Tower Co. Ltd., Nanjing Daji Iron Tower Manufacturing Co. Ltd., ShanDong DingChang Tower Co. Ltd., KEC International Ltd., Prysmian S.p.A., Nexans S.A., General Cable Technologies Corporation, Sumitomo Electric Industries Ltd., and Southwire Company LLC. The report provides an overview of these companies, followed by their financial details (if available), business strategies, and recent developments. The power transmission towers and cables market has been segmented as follows:

Global Power Transmission Towers and Cables Market: By Type
Power Transmission Towers
Power Transmission Cables

Global Power Transmission Towers and Cables Market: By Region
North America
The U.S.
Canada
Mexico

Europe
CIS countries
Germany
The U.K
Rest of Europe

Asia Pacific
China
India
Rest of Asia Pacific

Middle East and Africa
Saudi Arabia
South Africa
Rest of Middle East and Africa

Latin and Central Americas
Brazil
Argentina
Rest of Latin and Central Americas

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