Research and Markets (http://www.researchandmarkets.com/research/4979kb/global)
has announced the addition of the "Global
Transmission Tower Market 2014-2018" report to their offering.
The analysts forecast the Global Transmission Tower market will grow at
a CAGR of 7.98 percent over the period 2013-2018.
This report considers the present scenario and forecasts the growth
prospects of the Global Transmission Tower market for the period
2014-2018. To calculate the size of the market, the report considers
revenue generated from the total sales of transmission towers globally.
Initially, North American and Western European countries were dominating
the Transmission Tower market but the trend is now shifting to Southeast
Asian, South Asian, Eastern European, and Latin American countries,
where the economies are gradually developing. There is a growing demand
for power in these countries due to increased urbanization and
availability of cheap resources and labor. Therefore, in the near
future, these parts of the world are going to dominate the Transmission
According to the report, the market is mainly driven by an increase in
industrialization in developing countries such as India and China. This
leads to increased demand for electricity in these countries and, hence,
the demand for transmission towers.
Further, the report states that declining profit margins of vendors is
one of the major challenges. As a result of the presence of numerous
local and international vendors in the market, they are offering similar
products at competitive prices. This leads to a decline in profit
The study was conducted using an objective combination of primary and
secondary information including inputs from key participants in the
industry. The report contains a comprehensive market and vendor
landscape in addition to a SWOT analysis of the key vendors.
Key Market Drivers
Key Market Challenges
Key Market Trends
Other Prominent Vendors
For more information visit http://www.researchandmarkets.com/research/4979kb/global
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