Wireless Tower Construction
The Wireless Tower Construction industry has experienced high levels of revenue volatility over the past five years. Business infrastructure investments fell immediately following the growth during the early recovery from the recession, but grew strongly in the years after. Overall, strong demand for mobile data and high-speed connections has stimulated demand from the downstream telecommunications sector. Despite high levels of internal competition, industry profitability has increased, largely due to strengthening telecommunication infrastructure investments, improvements in contract pricing of wireless services and better efficiencies. Contracts are often open to competitive bidding, and while industry operators lowered rates to win contracts following the recession, they have since been able to increase their rates again. Demand for telecommunication infrastructure construction is anticipated to steadily grow over the five years to 2023. During the five-year period, private nonresidential construction investments are forecast to resume growth after recent slowdowns. Local and state government investment, which includes funding for telecommunications projects, is also anticipated to slowly recover.
Operators in this industry primarily engage in the construction of wireless communication structures, including transmission lines, towers, cables and other utility structures. The work performed may include new work, reconstruction, rehabilitation and repairs. Industry operators include specialty contractors primarily engaged in activities related to the construction of communication lines and related structures.
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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