Press release
Power Transmission Lines & Towers Market is predicted to grow at over 6% by 2024.
Global Power Transmission Lines & Towers Market, By Voltage, 2013 - 2024 (USD Million)
Power Transmission Lines & Towers Market size is set to exceed USD 25 billion by 2024, according to a new research report by Global Market Insights, Inc.
Growing investments towards renovation and modernization of electric grid coupled with increasing demand for safe and reliable electricity supply will stimulate the power transmission lines & towers market share over the forecast timeframe. In 2017, U.S. based PJM Interconnection electricity utility announced the spend USD 1.5 billion to upgrade aging gridline between Midwest to Northeast with advance security systems. European countries including UK, Russia, France and Germany are also making significant investments towards the upgradation of their conventional electric grid architecture.
Growing adoption of clean energy including solar, wind, and small hydro has significantly increased the demand for microgrid networks which in turn will positively influence the power transmission lines & towers market. In 2015, Government of India has announced to fund over USD 6 billion for the development of separate lines for transmitting green electricity to end consumer.
Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/1182
In 2016, Government of China announced spend over USD 85 billion towards the development of new UHT structures over the next four years.
HVDC power transmission lines & towers market for 2015 was valued over USD 2 billion. Growing concern towards the enhancement of grid reliability and security will positively impact the industry landscape.
Browse key industry insights spread across 160 pages with 214 market data tables & 10 figures & charts from the report, “Power Transmission Lines & Towers Market Size, By Product (High Tension (HT), Extra High Tension (EHT), Ultra High Tension (UHT)), By Voltage Level (132 kV, 220 kV, 440 kV, 660 kV, ≥ 765 kV), By Current Level (HVDC, HVAC), Industry Analysis Report, Regional Outlook (U.S., Canada, Mexico, UK, France, Germany, Russia, China, India, Japan, South Korea, Australia, Saudi Arabia, UAE, South Africa, Brazil, Argentina, Peru), Price Trends, Competitive Market Share & Forecast, 2016 – 2024” in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/power-transmission-lines-and-towers-market
U.S. power transmission lines & towers market size is anticipated to exceed over USD 1 billion by 2024. Federal government initiatives towards enhancement of security features to the grid architecture will stimulate the industry growth.
For Europe, France power transmission lines & towers market size for 2015 was valued over USD 450 million. Government measures towards to reduce the curtailment rates will augment the business outlook. In 2016, the country has initiated the construction of 150 miles’ undersea network which is considered as one of the largest undersea project across the region.
China power transmission lines & towers market size is anticipated to rise over 8% over forecast timeline. In 2015, Government of China had released the new reform plan pertaining to transmission grid construction under which they are planning to invest USD 280 billion for the upgradation of UHV and EHV networks. India was valued over USD 1 billion for 2015. Growing measures to deal with blackouts coupled with initiatives to interconnect all the state and central grid network will complement the business outlook.
Make an inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/1182
Brazil power transmission lines & towers market size is anticipated to expand over USD 1 billion by 2024. Increasing investments by foreign utilities including State Grid Corp. of China. May positively favor the growth.
Key industry players includes Nanjing Daji Iron Tower Manufacturing, Sumitomo Electric, General Electric, Kalpataru, ABB, KEC International, Southwire Company, ShanDong DingChang Tower Company, General Cable Technologies, Siemens, Prysmian, Zhejiang Shengda Steel Tower, Nexans and others.
About Global Market Insights, Inc.
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 methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
29L Atlantic Avenue, Suite L 105
Ocean View Delaware 19970 United States
Email: sales@gminsights.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 Power Transmission Lines & Towers Market is predicted to grow at over 6% by 2024. here
News-ID: 642520 • Views: …
More Releases from Global Market Insights, Inc
Point of Care Ultrasound Market Outlook 2021-2025 | Analogic, Canon Medical Syst …
Growing demand for fast and accurate diagnostic tools is expected to drive point of care ultrasound market growth in the ensuing years. Point-of-care ultrasound (POCUS) has become a standard tool in the emergency department, as it answers to specific clinical queries that narrow differentials, guide clinical therapy, and direct consultations and disposition.
Recent technological advancements have led to the development of miniature POCUS that range from stationary high-end systems to small…
Medical Tourism Market Forecast 2027 By Top Players Asklepios, KPJ Healthcare Bh …
Medical Tourism Market report offers in-depth analysis of the industry size, share, major segments, and different geographic regions, forecast for the next five years, key market players, and premium industry trends. It also focuses on the key drivers, restraints, opportunities and industry challenges.
Every year millions of people travel abroad seeking medical treatment and efficient surgical procedures such as cosmetic surgery, cardiovascular surgery, orthopedic and dental surgery which is referred to…
Medical X-ray Market Outlook 2021-2027 | Top Players Siemens Healthcare, GE Heal …
Medical X-ray Market report offers in-depth analysis of the industry size, share, major segments, and different geographic regions, forecast for the next five years, key market players, and premium industry trends. It also focuses on the key drivers, restraints, opportunities and industry challenges.
Researchers at Northwestern University have designed a new AI-based platform that analyses lung X-rays and detects COVID-19. The machine-learning (ML) algorithm, named DeepCOVID-XR, was able to outperform a…
Biosensors Market 2021 by Top Industry Players Abbott Laboratories, Bio-Rad Inte …
Biosensors Market report offers in-depth analysis of the industry size, share, major segments, and different geographic regions, forecast for the next five years, key market players, and premium industry trends. It also focuses on the key drivers, restraints, opportunities and industry challenges.
Rising incidences of several serious disorders among the global population has evoked the need to detect these at early stages in order to obtain appropriate treatment on time. This…
More Releases for USD
$100,000,000 USD job contract for travel - $3,000,000 USD referral commission.
Khoja Consultants invites companies, teams or venture capitalists for a $100,000,000 USD contract for travel. The selected company will be providing all accommodations and expenses for a 6-month long business trip around the world. Khoja Consultants expects five-star treatment including close security with private planes, hotels, secured vehicles and helicopters if necessary. More details on the job contract and application are provided at - www.KhojaConsultants.com.
There is a $3,000,000…
Primary Alkaline Batteries Market Worth USD 14.58 Billion USD by 2026
The Global Primary Alkaline Batteries market size was valued at 10.31 Billion USD in 2019 and is projected to reach 14.58 Billion USD by 2026, at a CAGR of 5% during the forecast period.
An Primary Alkaline Batteries is a type of primary battery, which derives its energy from the reaction between zinc metal and manganese dioxide.
Get Detailed Analysis of COVID-19 Impact on Primary Alkaline Batteries Market @ https://reports.valuates.com/request/sample/QYRE-Othe-0I169/Global_Primary_Alkaline_Battery_Market
This report presents…
IOT Solutions Market worth USD 553.9 million USD by 2026
"The global IoT solutions market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of cybersecurity as a service market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa."
These days many businesses are adopting a market research report…
Eubiotics Market Set to Exceed USD USD 8.60 Billion by 2026
According to a new study published by Polaris Market Research the global eubiotics market is anticipated to reach USD 8.60 billion by 2026. The tightening and stringent restrictions on the use of antibiotic growth promoters along with the surging consumer pressure on food safety and consumer preferences are expected to be the major factors driving demand for these products that work as substitutes to in-feed eubiotics.
Eubiotics or specific organic…
Polyurethane Dispersions Market worth USD 2.04 Billion USD by 2020
The report " Polyurethane Dispersions Market by Type (Water-Based Polyurethane Dispersions and Solvent-Based Polyurethane Dispersions), by Application (Coatings, Adhesives & Sealants, Synthetic Leather Production, Fiber Glass Sizing, and Others) - Trends & Forecasts to 2020", The global polyurethane dispersions market is projected to reach USD 2.04 Billion by 2020 at a CAGR of 6.8% between 2015 and 2020. This growth is fueled by the high potential from the textile and…
Retail Analytics Market worth USD 5.1 Billion USD by 2020
According to a new market research report "Retail Analytics Market by Business Function (Marketing and Customer Analytics, Merchandizing and In-Store Analytics, Supply Chain Analytics, Strategy and Planning), by Type, by Solutions and by Services - Global Forecast and Analysis to 2020", defines and segments the global retail analytics market on the basis of business function, solutions, services, deployment types, and regions along with providing an in-depth analysis and market size…
