DUBLIN, Nov. 28, 2014 /PRNewswire/ -- Research and Markets has announced the addition of the "The Global Market For Electricity Towers And Poles, 2014 - 2020 (2nd Edition)" report to their offering.
This report forecasts demand for transmission towers will increase at 1.6% cagr over the forecast period to 2020.
On the basis of there being approximately 16.2 million electricity transmission towers installed in the world, that means another 1.7 million added to the installed base. The current market is valued at $14.3 billion per year, but we consider that demand through to 2020 will steadily increase, a combination of new build in some regions and replacement in others. At nominal values the report forecasts an annual market by 2020 worth almost half as much again as it is now.
Alongside this analysis is the market for utility poles. Excluding pole top assemblies, the report estimates the 2014 global market at $7.7 billion; including pole top assemblies it is worth $12.9 billion. We don't see quite the same growth in this sector, but still forecast a market in 2020 at nominal values which is 38% higher than it is now.
Especially for those players also operating in the telecom towers sector, which was covered in another recent report, the numbers represent good news, but demand will vary greatly by region, from a cagr of 7.0% off a low base in sub-Saharan Africa to minimal growth in some more mature markets says principal author and director Euan Blauvelt, from a strategic planning perspective these forecasts are critical.
The report concludes that companies seeking to grow rapidly must choose their battlegrounds carefully; as a consequence of a lumpy market it envisages significant activity in terms of mergers and acquisitions in coming years so that companies are best placed for investment in infrastructure.
This report is one of two that represent the second edition of Global Market For Towers and Poles originally published in 2012. The second report covers transmission towers in the telecoms sector and was published in September 2014.
Key Topics Covered:
1. INSTALLED BASE OF ELECTRICITY TRANSMISSION TOWERS, CURRENT & FORECAST TO 2020
2. ELECTRICITY TRANSMISSION TOWERS MARKET: DEMAND, CURRENT & FORECAST TO 2020
3. LONG TERM DEMAND CYCLES FOR ELECTRICITY TOWERS
4. UTILITY POLE MARKET
5. MARKET FOR UTILITY POLES: SALES CURRENT & FORECAST TO 2020
6. POLE MATERIALS
7. TRANSMISSION TOWER DESIGN
8. SERVICE LIFE AND MAINTENANCE OF STEEL TOWERS AND WOODEN POLES
9. ELECTRIC RAILWAYS
11. CIRCUIT PHASES AND CONDUCTORS
12. COMPETITIONS FOR TOWER DESIGN
13. RIGHTS OF WAY
14. DANGER TO AND FROM BIRDS
For more information visit http://www.researchandmarkets.com/research/x7qsc9/the_global_market
Media Contact: Laura Wood , +353-1-481-1716, [email protected]
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SOURCE Research and Markets