Power Transmission Lines & Towers Market By Top Manufacturers, Growth, Trends, Size, Share, Analysis and Forecast to 2026
Category: #energy-and-environment  By Rahul Sankrityayan  Date: 2020-02-06
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Power Transmission Lines & Towers Market By Top Manufacturers, Growth, Trends, Size, Share, Analysis and Forecast to 2026

Decresearch added a new report on Power Transmission Lines & Towers Market to its research database. The report focuses on global major leading players with information such as company profiles, growth, product segment, technology segment, end user segment and region.

The Power Transmission Lines & Towers Market is valued at 32  Billion USD in 2016 and is anticipated to witness over 8% CAGR up to 2026.Since quite a while now, most of the EU member nations have been looking forward to increasing the dependency on renewable energy sources. The depleting fossil fuel resources and growing concern to reduce carbon footprints are the major causes promoting renewables across Europe. The German government has been particularly proactive in this regard, having planned to become 65% dependent on renewable energy sources by 2030, fueling the requirement of investments in power grids.

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In order to facilitate the 2030 objective, the Federal grid operator, BNetzA is focusing on the deployment of more power lines. The growing involvement of the government in grid expansions is thus likely to boost Germany power transmission lines and towers market, which by extension will have an impact on the Europe industry.

The rising investments in the expansion of grids across national & international borders is sure to augment power transmission lines and towers market trends in the forthcoming years. The last few months indeed, have witnessed numerous investments in power projects and transmission line upgradations by public and private bodies. Several regional governments have permitted some of the prominent giants in power transmission lines and towers industry to expand and refurbish the existing power setups. These initiatives have come amidst the backdrop of concerns stemming from energy shortage and the subsequent implementation of the green energy grid. In fact, government bodies have also framed long-term policies to increase the dependency on renewable energy grids, propelling power transmission lines and towers industry trends.

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It would be prudent to mention that transmission lines need to be refurbished after few years of use due to damages. Regional governments have been implementing power grid policies in this regard, to reinstall damaged transmission lines, further augmenting this business space.
 The fast-track implementation of power projects across the globe are remarkably strengthening the power transmission lines and towers market. Furthermore, the shifting trends toward the growing adoption of renewables for fulfilling energy needs will also boost the product demand over the years ahead. Aided by continuous maintenance activities and transmission line construction projects to enable uninterrupted power supply, by the end of 2024, power transmission lines and towers market size is expected to cross USD 60 billion.

Partial Table of Contents (ToC) of the report:

Chapter 4. Power Transmission Lines & Towers Market, By Product

4.1. Power transmission lines & towers market share by product, 2017 & 2024

4.2. Transmission lines

4.2.1.   Market estimates and forecast, 2013-2024

4.2.2. Market estimates and forecast, by region, 2013 - 2024

4.3. Transmission towers

4.3.1.   Market estimates and forecast, 2013-2024

4.3.2. Market estimates and forecast, by region, 2013 - 2024

Chapter 5. Power Transmission Lines & Towers Market, By Conductor

5.1. Power transmission lines & towers market share by conductor, 2017 & 2024

5.2. Conventional

5.2.1.   Market estimates and forecast, 2013-2024

5.2.2.   Market estimates and forecast, by region, 2013 – 2024

5.2.3.   ACSR

5.2.3.1.      Market estimates and forecast, 2013-2024

5.2.3.2.      Market estimates and forecast, by region, 2013 – 2024

5.2.4.   AAAC

5.2.4.1.      Market estimates and forecast, 2013-2024

5.2.4.2.      Market estimates and forecast, by region, 2013 – 2024

5.2.5.   ACAR

5.2.5.1.      Market estimates and forecast, 2013-2024

5.2.5.2.      Market estimates and forecast, by region, 2013 – 2024

5.2.6.   AACSR

5.2.6.1.      Market estimates and forecast, 2013-2024

5.2.6.2.      Market estimates and forecast, by region, 2013 – 2024

5.2.7.   AAC

5.2.7.1.      Market estimates and forecast, 2013-2024

5.2.7.2.      Market estimates and forecast, by region, 2013 – 2024

In-depth table of contents @ https://www.decresearch.com/toc/detail/power-transmission-lines-and-towers-market

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About Author

Rahul Sankrityayan

Rahul Sankrityayan    

Fortified with a post-graduate degree in Computer Applications, Rahul Sankrityan writes for Technology Magazine, where he pens down news and articles spanning across segments of technology industry that excite him on a day-to-day basis. Rahul comes with a rich experie...

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