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Prominent players across the power transmission lines & towers market include Siemens, ABB, GE, EMC, K-Line, ICOMM, CG, KEC, Aurecon, Arteche, Mastec, Sterling & Wilson, Kalpataru, Prysmian, Sumitomo, Southwire Company, and Nexans

11-09-2018 05:19 AM CET | Energy & Environment

Press release from: Global Market Insights

Prominent players across the power transmission lines & towers

Power Transmission Lines & Towers Market size will surpass USD 60 billion by 2024, as reported in the latest study by Global Market Insights, Inc.
The commercialization matrix of power transmission lines & towers market has gained a substantial traction over the past few years, in sync with the increasing need of power supply across the globe. In a bid to address the expanding consumer base with unremitting electric supply, electric utilities have been scrupulously investing in novel grid infrastructure projects. Some of the encouraging efforts by both the developed as well as developing nations, in this regard, is prudent to take a note of.

Get a Sample Copy of this Report @ https://www.gminsights.com/request-sample/detail/1182

Under Trump’s administration, the United States is projected to invest USD 110 billion in smart grid infrastructure by 2027. The figure itself gives a clear picture of the regional power transmission lines & towers market demand. In fact, as per estimates, U.S. market is forecast to exceed USD 4 billion by 2024.

For a significant transmission line refurbishment project between Mbarara and Masaka, Africa power transmission lines & towers market recently witnessed a sudden push. For the records, in a bid to suffice this massive project, Uganda recently received a hefty sum of USD 44.2 million from AFD (Agence Française de Dévelopement), after the two signed a financial agreement on the same.

The Chinese government has recently proposed a joint DPR (detailed project report) of the first China-Nepal cross border transmission line. Reportedly, the 800km extended transmission line would span from Galchhi of Nepal to Shigatse, China.

Report Content
Chapter 1. Methodology and Scope
Chapter 2. Executive Summary
Chapter 3. Power Transmission Lines & Towers Market Industry Insights
Chapter 4. Power Transmission Lines & Towers Market, By Product
Chapter 5. Power Transmission Lines & Towers Market, By Conductor
Chapter 6. Power Transmission Lines & Towers Market, By Insulation
Chapter 7. Power Transmission Lines & Towers Market, By Voltage
Chapter 8. Power Transmission Lines & Towers Market, By Current
Chapter 9. Power Transmission Lines & Towers Market, By Application
Chapter 10. Power Transmission Lines & Towers Market, By Region
Chapter 11. Company Profiles

Make an inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/1182

The electricity consumption across the GCC and African economies has witnessed a steep proliferation over a decade subject to the rising energy demand, primarily from residential & commercial users. As per the EIA, per capita electricity consumption in the Gulf is projected to witness an appreciable turnaround by 2035, predominantly owing to the rapid population growth. Furthermore, re-establishment of electric grid infrastructure across war affected GCC nations to sustain the economic growth will drive the power transmission lines & towers market.

High temperature power transmission lines & towers market is anticipated to exceed an annual installation of over 15 ‘000 ckt km by 2024. These conductors exhibit similar dimensions when compared to an ACSR, but are stronger, lighter, and more conductive. However, the products possess improved expansion coefficient and tend to be more expensive than the conventional technologies.

Browse key industry insights spread across 800 pages with 1518 market data tables & 13 figures & charts from the report @ https://www.gminsights.com/industry-analysis/power-transmission-lines-and-towers-market

Eminent players across the power transmission lines & towers market include ABB, Siemens, GE, K-Line, ICOMM, CG, EMC, KEC, Arteche, Aurecon, Mastec, Skipper, Sterling & Wilson, General Cable, Kalpataru, Nanjing Daji, ShanDong DingChang, Prysmian, Sumitomo, Zhejiang Shengda, Nexans, and Southwire Company.

China power transmission lines & towers market in the recent years have gained significant escalation on account of rapid expansion of ultra-high-tension (UHT) networks to sustain the losses accrued from long-course electrical supply. In addition, favorable consumer and regulatory inclination towards the integration of HVDC networks to suffice the cross-border interconnection plans across the nation will positively sway the industry dynamics.

About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research

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Global Market Insights, Inc.
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