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Electric Transmission Line & Tower Installation in the US - Industry Market Research Report

Publisher IBISWorld
Published Aug 13, 2024
Length 74 Pages
SKU # IBSS19120676

Description

Electric Transmission Line & Tower Installation in the US - Industry Market Research Report


Electric Transmission Line & Tower Installation in the US

Electric transmission line and tower installation have continued to grow through the end of 2023 as the need for electricity continues. Contractors thrived even amid the pandemic as constructing and maintaining electrical power lines are vital components to every sector of the economy. The need for power continued as the economy recovered and the manufacturing sector resumed operations. Companies continue to receive new projects as the shift toward renewable energy has led to the need for more transmission lines. Revenue has expanded at a CAGR of 3.8% to $56.4 billion over the past five years, pushed up by 2.5% in 2023 alone. But because of the competitive nature of industry operations, profit has remained at a standstill as companies continue to place lower bids to secure long-term contracts.

This industry constructs transmission lines and towers for electricity distribution, with firms specifically engaging in new work, additions and alterations.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.

Table of Contents

74 Pages
ABOUT THIS INDUSTRY

Industry Definition
Main Activities
Similar Industries
Additional Resources

INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE

Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

PRODUCTS & MARKETS

Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations

COMPETITIVE LANDSCAPE

Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization

MAJOR COMPANIES

OPERATING CONDITIONS

Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance

KEY STATISTICS

Industry Data
Annual Change
Key Ratios

JARGON & GLOSSARY

Pricing

Currency Rates
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