Dublin, May 30, 2024 (GLOBE NEWSWIRE) -- The "Electric Transmission Line & Tower Installation in the US - Industry Market Research Report" report has been added to ResearchAndMarkets.com's offering.
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.
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.
Key Topics Covered:
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
- Quanta Services, Inc.
- MYR Group Inc.
OPERATING CONDITIONS
- Capital Intensity
- Technology & Systems
- Revenue Volatility
- Regulation & Policy
- Industry Assistance
KEY STATISTICS
- Industry Data
- Annual Change
- Key Ratios
JARGON & GLOSSARY
For more information about this report visit https://www.researchandmarkets.com/r/ozf1ji
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