Transmission Line Construction in Illinois
The Transmission Line Construction industry in Illinois has experienced robust growth over the past five years to 2017. The double-digit rise in industry revenue is expected to be driven by several major projects. Illinois is a key generator of electricity in the Midwest region. The size of the state relative to other states in the region and the high level of economic activity in the state has driven demand for electricity at the residential, commercial and industrial level. The industry is xpected to grow at a much slower rate over the five years to 2022. Growth during the period is expected to be organic as electricity providers will be compelled to continue shifting toward renewable sources due to the renewable portfolio standard.
Operators in this industry provide construction, repair, rehabilitation and maintenance work for a variety of forms of electric power and telecommunications infrastructure, including power lines, power plants, radio and television towers and cable infrastructure. Industry operators, however, do not perform construction work on hydroelectric power stations, the construction of broadcast studios or electrical maintenance work within buildings.
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.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.Download eBook