Press release
Electricity Transmission Towers Market is Expected to Continue Flourishing in Developed and Developing Regions of World, 2025
To view complete report @ http://www.persistencemarketresearch.com/market-research/electricity-transmission-towers-market.asp
Electricity (both power and energy) is a commodity that can be traded in a market place, such as to transmit electricity to a rural place, where the generated power is delivered to consumers, known as end users and also to manufacturing industries. In this process, transmission towers are essential to carry power, which drives the electricity transmission towers market. Aging tower infrastructure necessitates replacement with new towers, and hence drives the electricity transmission towers market.
Electricity transmission towers have high tensile strength, and are designed as per the power rating of the conductor and supply frequency to withstand natural calamities and temperatures without losses. Transmission towers carrying high tension conductors with ground level clearance must be designed appropriately after calculating SAG. SAG is defined as the difference between the level between points of support and the lowest point on a conductor. Electricity transmission towers consist of the following parts: Boom of transmission tower, Transmission tower body, Peak of transmission tower, Cage of transmission tower, Cross arm of transmission tower, Stub/ anchor bolt and base plate assembly transmission tower, Leg of transmission tower.
A sample of this report is available upon request @ www.persistencemarketresearch.com/samples/15166
For residential or short distance purposes, electricity transmission towers are selected on the basis of usage and capacity of power conductors, whereas for long distances all the factors to be considered. Increasing population and growing demand for electricity drives growth of the electricity transmission towers market. Developing countries in the APAC region, such as India and China are estimated to hold a relatively high market share due to power deficiency, and lack of power supply in rural areas. After Asia Pacific, Europe is forecasted to capture a relatively high market share due to a high necessity for power in the increasing number of industries. North America and the Middle East collectively hold the third spot in terms of market share, owing to increase in industries, manufacturing, and oil and gas. Growing demand for electricity across the globe has created new opportunities for the global electricity transmission towers market.
Global Electricity Transmission Towers Market: Segmentation
The global electricity transmission tower market can be segmented in a number of ways, of which two prominent classifications can be derived on the basis of type and design. The global electricity transmission tower market, segmented on the basis of type: AC, DC. The global electricity transmission tower market, segmented on the basis of design: Lattice, Tubular Steel, Concrete, Wood.
Global Electricity Transmission Towers Market: Key Trends and Drivers
Growing demand for electricity and an increased rate of industrialization in developing countries drives the growth of the electricity transmission tower market. Aging infrastructure and increasing rate of bulk power transmission across long distances drives growth of the electricity transmission towers market. Varying steel prices, availability of steel, and import and export restrictions may impact the electricity transmission towers market.
To view TOC of this report is available upon request @ www.persistencemarketresearch.com/toc/15166
Global Electricity Transmission Towers Market: Market Participants
Examples of some of the market participants identified across the value chain include Zhejiang Shengda Steel Tower Co. Ltd., Prysmian S.p.A., Nanjing Daji Iron Tower Manufacturing Company Ltd., Weifang Changan Steel Tower Stock Company Ltd., Associated Power Structures Pvt. Ltd., Karamtara Engineering Pvt. Ltd., Sumitomo Electric Industries Ltd., and Nexans S.A.
About Us
Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.
To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.
Contact Us
Persistence Market Research
305 Broadway
7th Floor, New York City,
NY 10007, United States,
USA - Canada Toll Free: 800-961-0353
Email: sales@persistencemarketresearch.com
Web: http://www.persistencemarketresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Electricity Transmission Towers Market is Expected to Continue Flourishing in Developed and Developing Regions of World, 2025 here
News-ID: 636199 • Views: …
More Releases from Persistence Market Research
North America Wiring Devices Market Projected to Reach USD 26.46 Billion by 2031
Overview of the North America Wiring Devices Market
The North America wiring devices market is poised for steady growth over the forecast period, with its size estimated at US$ 18.96 billion in 2024, projected to reach US$ 26.46 billion by 2031, reflecting a CAGR of 4.9%. The market is witnessing substantial expansion due to increasing urbanization, a rising number of residential and commercial construction projects, and the adoption of energy-efficient and…
Global Forged Automotive Components Market Poised for Steady Growth, Projected t …
The global forged automotive components market is on a robust growth trajectory, currently valued at approximately US$ 50.3 billion in 2025 and forecasted to expand to US$ 70.7 billion by the end of 2032. This growth represents a compound annual growth rate (CAGR) of 5.0% over the coming decade, driven by increasing automotive production, technological advancements, and evolving consumer preferences toward durable, high-performance vehicle parts.
Forged automotive components are critical to…
Global Electric Cargo Bike Market Set to Accelerate at 11.9% CAGR, Reaching US$ …
The global electric cargo bike market is set to experience substantial growth over the coming decade, with Persistence Market Research (PMR) forecasting a compound annual growth rate (CAGR) of 11.9% from 2023 through 2032. Valued at approximately US$ 800 million in 2021, the market is expected to surge to a projected valuation of US$ 2.14 billion by the end of 2032. Notably, electric cargo bikes accounted for 66.2% of the…
Bicycle Bearings Market Set for Steady Growth with 6.5% CAGR Through 2032, Drive …
The global bicycle bearings market is poised for significant expansion over the forecast period of 2025 to 2032, according to the latest report released by Persistence Market Research. Valued at approximately US$ 5.99 billion in 2024, the market is projected to reach US$ 6.35 billion by 2025 and further escalate to nearly US$ 9.86 billion by 2032. This growth trajectory reflects a compound annual growth rate (CAGR) of 6.5%, underscoring…
More Releases for Electric
Electrical Isolators Market 2023: Mitsubishi Electric, Orient Electric, Schneide …
The Electrical Isolators Market size (volume and value) and industry chain structure published by The Insight Partners through its high quality database which is a valuable source of guidance and direction for companies and individual interested in the industry.
An electrical isolator is a material in which electric current does not flow freely. The atoms of the insulator have tightly bound electrons which cannot readily move. Other materials, semiconductors and conductors…
Electric Motors for Electric Vehicle Market by Manufacturers: Hitachi Automotive …
Electric Motors for Electric Vehicle Market research report analyzes and studies the Electric Motors for Electric Vehicle Market's production, value, financial status, and capacity. It also provides information about market share and development plans during the projected period. Moreover, the Electric Motors for Electric Vehicle Market research report provides data about key manufacturers and focuses on the market competition landscape by analyzing the market by application, product type, and region.
Click…
Thermal Overload Relay Market 2021 Precise Outlook - ABB, Schneider Electric, Ea …
Global Thermal Overload Relay Market Size, Status and Forecast 2021
The Global Thermal Overload Relay Market report offers in-depth information and comprehensive analysis of the market. It provides a complete overview of the market with detailed insights on key aspects including the current market situation, potential size, volume, and dynamics of the market. This research report makes a thorough assessment of the COVID-19 pandemic and its impact on the current market…
Global Electric Motors for Electric Vehicles Market 2025 | MAHLE GmbH, Protean E …
Researchmoz added Most up-to-date research on "Global Electric Motors for Electric Vehicles Market Insights, Forecast to 2025" to its huge collection of research reports.
This report presents the worldwide Electric Motors for Electric Vehicles market size (value, production and consumption), splits the breakdown (data status 2013-2018 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities…
Yokogawa Electric, General Electric Profiled in Smart Factory Solutions Market 2 …
Global Smart Factory Solutions Market which focuses on effective strategies of the business framework. It highlights the recent market trends stringent energy regulations and growing pressure to conform to energy efficiency. The research methods and tools used to analyze the studies are both primary and secondary research.
This market research report on analyzes the growth prospects for the key vendors operating in this market space including Siemens, ABB, Honeywell International, Yokogawa…
Global Quartz Heat Lamps Market 2017 : Indu Electric Gerber, Schneider Electric, …
The Market Research Store report offers majority of the latest and newest industry data that covers the overall market situation along with future prospects for Quartz Heat Lamps market around the globe. The research study includes significant data and also forecasts of the global market which makes the research report a helpful resource for marketing people, analysts, industry executives, consultants, sales and product managers, and other people who are in…
