Home > Energy & Power > Electrical Equipment > Electrical Infrastructure > Transmission Towers Market

Transmission Towers Market Share

Report ID: GMI5263
Published Date: May 2022
Report Format: PDF

Download Free Sample

Transmission Towers Market Share

Inorganic growth ventures and strategic implications including mergers, contracts & joint ventures among key players will augment the market outlook. For instance, in June 2021, Quanta signed a joint venture with LUMA Energy, LLC. (LUMA) and ATCO Ltd., a Canadian Utility Limited. The joint venture commenced the O&M of Puerto Rico’s electric power transmission & distribution system as per the agreement (supply-term agreement) between LUMA and the Puerto Rico Electric Power Authority (PREPA) where both Quanta and ATCO own 50% stakes in LUMA. The joint venture is in line with the company’s strategy to deliver a reliable & flexible power grid with effective infrastructure, delivering enduring economic & social benefits to the people of Puerto Rico.

Eminent players operating across the transmission towers market include

Utkarsh India Limited
Jyoti Structures Limited
KEC International Ltd.
QUANTA SERVICES
NEXANS
Valard Construction
Burns & McDonnell
PLH Group
Wilson Construction
Power Line Services, Inc
MDU Construction Services Group
Valmont Industries, Inc.
Sabre Industries, Inc.
MEYER UTILITY STRUCTURES, LLC.
SAE Towers
M?TA?
KOCAER STEEL
Skipper Limited
Ganges Internationale
ISA

Authors: Ankit Gupta, Shubhankar Dimri

Frequently Asked Questions (FAQ) :

The market size of transmission towers exceeded USD 17 billion in 2021 and is anticipated to record over 4% CAGR during the forecast period of 2022-2028.

132 kV to 220 kV transmission towers industry value is predicted to cross USD 2 billion by 2028 as the aging grid networks across several regions are being replaced and upgraded.

North America market will showcase more than 6% CAGR through 2028 due to the rapid development of new interstate transmission line networks across the region.

Utkarsh India Limited, Jyoti Structures Limited, QUANTA SERVICES, KEC International Ltd., Valard Construction, NEXANS, and Burns & McDonnell, among many others, are the prominent players in this market.