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Published Date: 2016-02-05Number of Pages: 97

Power Transmission Towers and Cables Market - Global Industry Analysis, Size, Share, Growth Trends and Forecast 2015 - 2023

The present day grid infrastructure was designed with a view of serving the consumer in a reliable, efficient, and cost-efficient manner. The grid infrastructure of the future will be much complex and will have to meet a vast set of new requirements while being able to perform well on these criterion as well. Challenges such as the rising integration of renewable and distributed power sources and transmission of exponentially rising power loads will require major changes to the way in which grid and its various components are controlled, designed, and operated.

These factors will revolutionize the global market for power transmission towers and cables in the near future, bringing favorable changes to the overall dynamics of the market. Transparency Market Research states that the market will exhibit a healthy 7.15% CAGR from 2015 to 2023, rising from US$7.62 bn in 2014 to US$13.90 bn by 2023.

Power Transmission Cables to Continue Dominating Market but Towers to Lead in Terms of Installations

In the global power transmission towers and cables market, the segment of cables holds clear dominance, with nearly 74% share in the overall market in 2014. The segment is projected to maintain its dominant stance in the near future as well, owing to the vast demand from constantly expanding grid networks and the need for frequent replacements. The market for power transmission cables is expected to expand at a 10.28% CAGR, in terms of volume, over the period between 2015 and 2023. The market for power transmission cables will also benefit from the rising integration of renewable energy resources into conventional grids, and rising demand from the sectors of underground and submarine power transmission.

On the other hand, the rising numbers of grid infrastructure development projects across developing regions will substantially increase the number of installations of power transmission towers. This will allow the global market for power transmission towers expansion at a comparatively higher, 11.19% CAGR in terms of volume from 2015 to 2023.

 

power-transmission-towers-cables-market

 

China to Emerge as Most Lucrative Investment Destination

The market for power transmission towers and cables is presently dominated by Asia Pacific, which accounted for a share of 36.9% in the global market in 2014. The region is also expected to be provide the most lucrative growth opportunities for the power transmission towers and cables market from 2015 to 2023, owing to rapidly expanding grid networks in response to the mounting electricity consumption in developing countries. By 2023, Asia Pacific is expected to account for a more than 43% share in the global market, emerging as the major determinant of the overall growth prospects and profits for the global market.

The market in Asia Pacific will also witness vast developments in response to rising power loads, increased complexity and interconnections in grid networks, increased inclusion of renewable and distributed power sources in conventional grid infrastructure, and the need to replace outdated grid elements. The several limitations in the existing grid infrastructure in the region will encourage utility companies operating amid intense competition to adopt technological advancements to serve the consumer more efficiently. China will be the forerunner in this regional market and will exhibit growth at the fastest pace from 2015 to 2023 on a global front owing to the flourishing industrial sector in the country. The power transmission towers market in the country will exhibit a 10.7% CAGR while the power transmission cables market will exhibit a 9.65% CAGR from 2015 to 2023 in terms of revenue.

Section 1 Preface

  • Report Description
  • Market Segmentation
  • Research Scope
  • Research Methodology

Section 2 Executive Summary

  • Global Power Transmission Towers and Cables Market Estimates and Forecasts
  • Overview

Section 3 Industry Analysis

  • Introduction
  • Value Chain Analysis of Power Transmission Towers and Cables Market
  • Market Dynamics
    • Driver 1 – Increasing demand for electricity
    • Driver 2 – Growing need for replacement of ageing power transmission infrastructure
    • Driver 3 – Increasing share of renewable energy sources in total power generation mix
    • Restraint 1 – High initial capital and installation costs
    • Opportunity 1 – Increasing adoption of newer technologies in power transmission infrastructure
  • Porter’s Five Forces Analysis
    • Bargaining power of suppliers 
    • Bargaining power of buyers 
    • Threat of new entrants 
    • Degree of competition 
    • Threat of substitutes
  • Market Attractiveness Analysis of Power Transmission Towers and Cables Market, 2014

Section 4 Power Transmission Towers and Cables: Type Overview

  • Global Power Transmission Towers and Cables Market, Revenue Share by Type Segment, 2014 and 2023
  • Global Power Transmission Towers and Cables Market Estimates and Forecast, By Region, 2014–2023 (Units) (Kms) 
  • Global Power Transmission Towers and Cables Estimates and Forecast, By Region, 2014–2023 (US$ Mn)
  • Power Transmission Towers: Overview
    • Global Power Transmission Towers Market Estimates and Forecast, 2014–2023 (Units) 
    • Global Power Transmission Towers Market Estimates and Forecast, 2014–2023 (US$ Mn) 
  • Power Transmission Cables: Overview
    • Global Power Transmission Cables Market Estimates and Forecast, 2014–2023 (Kms) 
    • Global Power Transmission Cables Market Estimates and Forecast, 2014–2023 (US$ Mn)

Section 5 Power Transmission Towers and Cables: Regional Overview

  • Power Transmission Towers and Cables – North America
    • Power Transmission Towers and Cables Market – North America, 2014 to 2023 (Units) (Kms) (US$ Mn)
    • U.S. Power Transmission Towers and Cables Market, 2014 to 2023 (US$ Mn)
    • U.S. Power Transmission Towers and Cables Market, By Type, 2014 to 2023 (Units) (Kms)
    • Canada Power Transmission Towers and Cables Market, 2014 to 2023 (US$ Mn)
    • Canada Power Transmission Towers and Cables Market, By Type, 2014 to 2023 (Units) (Kms)
    • Mexico Power Transmission Towers and Cables Market, 2014 to 2023 (US$ Mn)
    • Mexico Power Transmission Towers and Cables Market, By Type, 2014 to 2023 (Units) (Kms)
  • Power Transmission Towers and Cables – Europe
    • Power Transmission Towers and Cables Market – Europe, 2014 to 2023 (Units) (Kms) (US$ Mn)
    • CIS Power Transmission Towers and Cables Market, 2014 to 2023 (US$ Mn)
    • CIS Power Transmission Towers and Cables Market, By Type, 2014 to 2023 (Units) (Kms)
    • Germany Power Transmission Towers and Cables Market, 2014 to 2023 (US$ Mn)
    • Germany Power Transmission Towers and Cables Market, By Type, 2014 to 2023 (Units) (Kms)
    • U.K Power Transmission Towers and Cables Market, 2014 to 2023 (US$ Mn)
    • U.K Power Transmission Towers and Cables Market, By Type, 2014 to 2023 (Units) (Kms)
    • Rest of Europe Power Transmission Towers and Cables Market, 2014 to 2023 (US$ Mn)
    • Rest of Europe Power Transmission Towers and Cables Market, By Type, 2014 to 2023 (Units) (Kms)
  • Power Transmission Towers and Cables – Asia Pacific
    • Power Transmission Towers and Cables Market – Asia Pacific, 2014 to 2023 (Units) (Kms) (US$ Mn)
    • China Power Transmission Towers and Cables Market, 2014 to 2023 (US$ Mn)
    • China Power Transmission Towers and Cables Market, By Type, 2014 to 2023 (Units) (Kms)
    • India Power Transmission Towers and Cables Market, 2014 to 2023 (US$ Mn)
    • India Power Transmission Towers and Cables Market, By Type, 2014 to 2023 (Units) (Kms)
    • Rest of Asia Pacific Power Transmission Towers and Cables Market, 2014 to 2023 (US$ Mn)
    • Rest of Asia Pacific Power Transmission Towers and Cables Market, By Type, 2014 to 2023 (Units) (Kms)
  • Power Transmission Towers and Cables – Middle East and Africa
    • Power Transmission Towers and Cables Market – Middle East and Africa, 2014 to 2023 (Units) (Kms) (US$ Mn)
    • Saudi Arabia Power Transmission Towers and Cables Market, 2014 to 2023 (US$ Mn)
    • Saudi Arabia Power Transmission Towers and Cables Market, By Type, 2014 to 2023 (Units) (Kms)
    • South Africa Power Transmission Towers and Cables Market, 2014 to 2023 (US$ Mn)
    • South Africa Power Transmission Towers and Cables Market, By Type, 2014 to 2023 (Units) (Kms)
    • Rest of Middle East and Africa Power Transmission Towers and Cables Market, 2014 to 2023 (US$ Mn)
    • Rest of Middle East and Africa Power Transmission Towers and Cables Market, By Type, 2014 to 2023 (Units) (Kms)
    • Power Transmission Towers and Cables – Latin and Central Americas
  • Power Transmission Towers and Cables Market – Latin and Central Americas, 2014 to 2023 (Units) (Kms) (US$ Mn)
    • Brazil Power Transmission Towers and Cables Market, 2014 to 2023 (US$ Mn)
    • Brazil Power Transmission Towers and Cables Market, By Type, 2014 to 2023 (Units) (Kms)
    • Argentina Power Transmission Towers and Cables Market, 2014 to 2023 (US$ Mn)
    • Argentina Power Transmission Towers and Cables Market, By Type, 2014 to 2023 (Units) (Kms)
    • Rest of Latin and Central Americas Power Transmission Towers and Cables Market, 2014 to 2023 (US$ Mn)
    • Rest of Latin and Central Americas Power Transmission Towers and Cables Market, By Type, 2014 to 2023 (Units) (Kms)

Section 6 Company Profiles

  • 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.
  • Southwire Company LLC

List of Figures

Figure 1 Global Power Transmission Towers and Cables Market, Estimates and Forecast, 2014–2023 (US$ Mn)
Figure 2 Global Electricity Consumption, By Volume, 2007–2014 (TWh)
Figure 3 Market Attractiveness Analysis of Power Transmission Towers and Cables Market, 2014
Figure 4 Global Electricity Generation, By Fuel Type, 2005
Figure 5 Global Power Transmission Towers and Cables, Market Share by Type Segment, 2014
Figure 6 Global Power Transmission Towers and Cables, Market Share by Type Segment, 2023
Figure 7 Global Power Transmission Towers Market, Estimates and Forecasts, By Revenue, 2014–2023 (US$ Mn)
Figure 8 Global Power Transmission Towers Market, Estimates and Forecasts, By Volume, 2014–2023 (Units)
Figure 9 Global Power Transmission Cables Market, Estimates and Forecasts, By Revenue, 2014–2023 (US$ Mn)
Figure 10 Global Power Transmission Cables Market, Estimates and Forecasts, By Volume, 2014–2023 (Kms)
Figure 11 U.S. Power Transmission Towers Market, Estimates and Forecasts, By Volume, 2014–2023 (Units)
Figure 12 U.S. Power Transmission Towers Market, Estimates and Forecasts, By Revenue, 2014–2023 (US$ Mn)
Figure 13 U.S. Power Transmission Cables Market, Estimates and Forecasts, By Volume, 2014–2023 (Kms)
Figure 14 U.S. Power Transmission Cables Market, Estimates and Forecasts, By Revenue, 2014–2023 (US$ Mn)
Figure 15 Canada Power Transmission Towers Market, Estimates and Forecasts, By Volume, 2014–2023 (Units)
Figure 16 Canada Power Transmission Towers Market, Estimates and Forecasts, By Revenue, 2014–2023 (US$ Mn)
Figure 17 Canada Power Transmission Cables Market, Estimates and Forecasts, By Volume, 2014–2023 (Kms)
Figure 18 Canada Power Transmission Cables Market, Estimates and Forecasts, By Revenue, 2014–2023 (US$ Mn)
Figure 19 Mexico Power Transmission Towers Market, Estimates and Forecasts, By Volume, 2014–2023 (Units)
Figure 20 Mexico Power Transmission Towers Market, Estimates and Forecasts, By Revenue, 2014–2023 (US$ Mn)
Figure 21 Mexico Power Transmission Cables Market, Estimates and Forecasts, By Volume, 2014–2023 (Kms)
Figure 22 Mexico Power Transmission Cables Market, Estimates and Forecasts, By Revenue, 2014–2023 (US$ Mn)
Figure 23 CIS Power Transmission Towers Market, Estimates and Forecasts, By Volume, 2014–2023 (Units)
Figure 24 CIS Power Transmission Towers Market, Estimates and Forecasts, By Revenue, 2014–2023 (US$ Mn)
Figure 25 CIS Power Transmission Cables Market, Estimates and Forecasts, By Volume, 2014–2023 (Kms)
Figure 26 CIS Power Transmission Cables Market, Estimates and Forecasts, By Revenue, 2014–2023 (US$ Mn)
Figure 27 Germany Power Transmission Towers Market, Estimates and Forecasts, By Volume, 2014–2023 (Units)
Figure 28 Germany Power Transmission Towers Market, Estimates and Forecasts, By Revenue, 2014–2023 (US$ Mn)
Figure 29 Germany Power Transmission Cables Market, Estimates and Forecasts, By Volume, 2014–2023 (Kms)
Figure 30 Germany Power Transmission Cables Market, Estimates and Forecasts, By Revenue, 2014–2023 (US$ Mn)
Figure 31 U.K Power Transmission Towers Market, Estimates and Forecasts, By Volume, 2014–2023 (Units)
Figure 32 U.K Power Transmission Towers Market, Estimates and Forecasts, By Revenue, 2014–2023 (US$ Mn)
Figure 33 U.K Power Transmission Cables Market, Estimates and Forecasts, By Volume, 2014–2023 (Kms)
Figure 34 U.K Power Transmission Cables Market, Estimates and Forecasts, By Revenue, 2014–2023 (US$ Mn)
Figure 35 Rest of Europe Power Transmission Towers Market, Estimates and Forecasts, By Volume, 2014–2023 (Units)
Figure 36 Rest of Europe Power Transmission Towers Market, Estimates and Forecasts, By Revenue, 2014–2023 (US$ Mn)
Figure 37 Rest of Europe Power Transmission Cables Market, Estimates and Forecasts, By Volume, 2014–2023 (Kms)
Figure 38 Rest of Europe Power Transmission Cables Market, Estimates and Forecasts, By Revenue, 2014–2023 (US$ Mn)
Figure 39 China Power Transmission Towers Market, Estimates and Forecasts, By Volume, 2014–2023 (Units)
Figure 40 China Power Transmission Towers Market, Estimates and Forecasts, By Revenue, 2014–2023 (US$ Mn)
Figure 41 China Power Transmission Cables Market, Estimates and Forecasts, By Volume, 2014–2023 (Kms)
Figure 42 China Power Transmission Cables Market, Estimates and Forecasts, By Revenue, 2014–2023 (US$ Mn)
Figure 43 India Power Transmission Towers Market, Estimates and Forecasts, By Volume, 2014–2023 (Units)
Figure 44 India Power Transmission Towers Market, Estimates and Forecasts, By Revenue, 2014–2023 (US$ Mn)
Figure 45 India Power Transmission Cables Market, Estimates and Forecasts, By Volume, 2014–2023 (Kms)
Figure 46 India Power Transmission Cables Market, Estimates and Forecasts, By Revenue, 2014–2023 (US$ Mn)
Figure 47 Rest of Asia Pacific Power Transmission Towers Market, Estimates and Forecasts, By Volume, 2014–2023 (Units)
Figure 48 Rest of Asia Pacific Power Transmission Towers Market, Estimates and Forecasts, By Revenue, 2014–2023 (US$ Mn)
Figure 49 Rest of Asia Pacific Power Transmission Cables Market, Estimates and Forecasts, By Volume, 2014–2023 (Kms)
Figure 50 Rest of Asia Pacific Power Transmission Cables Market, Estimates and Forecasts, By Revenue, 2014–2023 (US$ Mn)
Figure 51 Saudi Arabia Power Transmission Towers Market, Estimates and Forecasts, By Volume, 2014–2023 (Units)
Figure 52 Saudi Arabia Power Transmission Towers Market, Estimates and Forecasts, By Revenue, 2014–2023 (US$ Mn)
Figure 53 Saudi Arabia Power Transmission Cables Market, Estimates and Forecasts, By Volume, 2014–2023 (Kms)
Figure 54 Saudi Arabia Power Transmission Cables Market, Estimates and Forecasts, By Revenue, 2014–2023 (US$ Mn)
Figure 55 South Africa Power Transmission Towers Market, Estimates and Forecasts, By Volume, 2014–2023 (Units)
Figure 56 South Africa Power Transmission Towers Market, Estimates and Forecasts, By Revenue, 2014–2023 (US$ Mn)
Figure 57 South Africa Power Transmission Cables Market, Estimates and Forecasts, By Volume, 2014–2023 (Kms)
Figure 58 South Africa Power Transmission Cables Market, Estimates and Forecasts, By Revenue, 2014–2023 (US$ Mn)
Figure 59 Rest of Middle East and Africa Power Transmission Towers Market, Estimates and Forecasts, By Volume, 2014–2023 (Units)
Figure 60 Rest of Middle East and Africa Power Transmission Towers Market, Estimates and Forecasts, By Revenue, 2014–2023 (US$ Mn)
Figure 61 Rest of Middle East and Africa Power Transmission Cables Market, Estimates and Forecasts, By Volume, 2014–2023 (Kms)
Figure 62 Rest of Middle East and Africa Power Transmission Cables Market, Estimates and Forecasts, By Revenue, 2014–2023 (US$ Mn)
Figure 63 Brazil Power Transmission Towers Market, Estimates and Forecasts, By Volume, 2014–2023 (Units)
Figure 64 Brazil Power Transmission Towers Market, Estimates and Forecasts, By Revenue, 2014–2023 (US$ Mn)
Figure 65 Brazil Power Transmission Cables Market, Estimates and Forecasts, By Volume, 2014–2023 (Kms)
Figure 66 Brazil Power Transmission Cables Market, Estimates and Forecasts, By Revenue, 2014–2023 (US$ Mn)
Figure 67 Argentina Power Transmission Towers Market, Estimates and Forecasts, By Volume, 2014–2023 (Units)
Figure 68 Argentina Transmission Towers Market, Estimates and Forecasts, By Revenue, 2014–2023 (US$ Mn)
Figure 69 Argentina Power Transmission Cables Market, Estimates and Forecasts, By Volume, 2014–2023 (Kms)
Figure 70 Argentina Power Transmission Cables Market, Estimates and Forecasts, By Revenue, 2014–2023 (US$ Mn)
Figure 71 Rest of Latin and Central Americas Power Transmission Towers Market, Estimates and Forecasts, By Volume, 2014–2023 (Units)
Figure 72 Rest of Latin and Central Americas Transmission Towers Market, Estimates and Forecasts, By Revenue, 2014–2023 (US$ Mn)
Figure 73 Rest of Latin and Central Americas Power Transmission Cables Market, Estimates and Forecasts, By Volume, 2014–2023 (Kms)
Figure 74 Rest of Latin and Central Americas Power Transmission Cables Market, Estimates and Forecasts, By Revenue, 2014–2023 (US$ Mn)

List of Tables
 
Table 1 Global Natural Gas Storage Market (Revenue): Snapshot
Table 2 Global Natural Gas Storage Market (Volume): Snapshot
Table 3    Global Power Transmission Towers Market, Estimates and Forecasts, By Region, 2014–2023 (US$ Mn)
Table 4 Global Power Transmission Towers Market, Estimates and Forecasts, By Region, 2014–2023 (Units) 
Table 5 Global Power Transmission Cables Market, Estimates and Forecasts, By Region, 2014–2023 (US$ Mn)
Table 6 Global Power Transmission Cables Market, Estimates and Forecasts, By Region, 2014–2023 (Kms)

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.

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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