Transmission Line Construction in Canada
Revenue for the Transmission Line Construction industry in Canada has trended upward over the five years to 2018; however, performance has been volatile. Growth was strong in the years leading up to the reporting period, with expanding demand for electric power and demand for maintenance and rehabilitation on aging infrastructure prompting increased investment. However, demand fell sharply in 2015, likely due to plummeting commodity prices resulting in slashed activity in industries related to the oil sector, diminishing investment in infrastructure. While demand has since recovered, the overall pace of growth in industry revenue is slower than during previous reporting periods. Improved economic performance is forecast to continue over the five years to 2023, resulting in steady spending on infrastructure investments that will fuel industry revenue growth. In particular, investment into electric power infrastructure will accelerate as coal-fired facilities are gradually phased out.
This industry provides design, construction, maintenance and repair services for electric power and telecommunications infrastructure, such as transmission lines, towers, cables, generating facilities, electricity substations and other related infrastructure.
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.
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