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Power Transmission Lines and Towers Market Size
- Report ID: GMI1182
- Published Date: Oct 2021
- Report Format: PDF
Power Transmission Lines and Towers Market Size
Power Transmission Lines and Towers Market size was valued at over USD 36 billion in 2020 and is set to grow at a CAGR of around 4% between 2021 and 2028. Power transmission lines are power transfer systems, which transport electrical energy from the generating substation to numerous distribution stations. These lines mainly consist of components including inductance, resistance, shunt conductance, and capacitance. They are interconnected lines that ensure proper electricity movement across the transmission network from the generation site to the distribution source.
The rising trend toward the adoption of a renewable energy mix coupled with the growing demand for efficient lines & towers with minimal energy losses will drive the business growth. In addition, growing investments in refurbishment and retrofitting of the existing transmission & distribution infrastructure along with increasing installations of power infrastructure across developing nations will accelerate industry prospects.
| Report Attribute | Details |
|---|---|
| Base Year: | 2020 |
| Power Transmission Lines and Towers Market Size in 2020: | 36,535.0 Million (USD) |
| Forecast Period: | 2021 to 2028 |
| Forecast Period 2021 to 2028 CAGR: | 4.3% |
| 2028 Value Projection: | 48,761.9 Million (USD) |
| Historical Data for: | 2018 to 2020 |
| No. of Pages: | 600 |
| Tables, Charts & Figures: | 1,219 |
| Segments covered: | Product, Conductor, Insulation, Voltage, Current, Application |
| Growth Drivers: |
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| Pitfalls & Challenges: |
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Frequently Asked Questions (FAQ) :
Power Transmission Lines and Towers Market Scope
