Wireless Tower Construction in the US - Industry Market Research Report
Description
Wireless Tower Construction in the US - Industry Market Research Report
Wireless Tower Construction in the US
The Wireless Tower Construction industry has experienced a high level of revenue volatility over the five years to 2023 as business conditions have been positive, yet challenging. The rapid proliferation of mobile devices and growing demand for high-speed internet connectivity, broadband, data transmission and video and music download services have driven demand for industry construction services higher. Wireless telecommunication companies, namely AT&T Inc., Verizon Communications Inc. and T-Mobile US Inc., have become the industry's largest customers, accounting for nearly 90.0% of industry revenue. This has enabled the industry to account for a growing share of revenue from its parent industry as these companies seek to deliver advanced telecommunication services via deploying the latest infrastructure. Industry revenue is estimated to grow at a CAGR of 2.0% to $13.1 billion over the five years to 2023, including an increase of 3.7% in 2023 alone.
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.
Wireless Tower Construction in the US
The Wireless Tower Construction industry has experienced a high level of revenue volatility over the five years to 2023 as business conditions have been positive, yet challenging. The rapid proliferation of mobile devices and growing demand for high-speed internet connectivity, broadband, data transmission and video and music download services have driven demand for industry construction services higher. Wireless telecommunication companies, namely AT&T Inc., Verizon Communications Inc. and T-Mobile US Inc., have become the industry's largest customers, accounting for nearly 90.0% of industry revenue. This has enabled the industry to account for a growing share of revenue from its parent industry as these companies seek to deliver advanced telecommunication services via deploying the latest infrastructure. Industry revenue is estimated to grow at a CAGR of 2.0% to $13.1 billion over the five years to 2023, including an increase of 3.7% in 2023 alone.
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.
Table of Contents
38 Pages
- TABLE OF CONTENTS
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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