Selbyville, Delaware, July 23, 2020 (GLOBE NEWSWIRE) — According to MarketStudyReport LLC, Europe power transmission lines & towers market is projected to amass remunerative gains, registering a notable CAGR over 2020-2026. Escalating electricity demand form residential and commercial sectors, favorable government policies for development of smart grid networks accompanied by surging investments towards revamping existing T&D infrastructure are slated to propel the growth of Europe power transmission lines & towers market. Additionally, recent technological enhancements in grid systems along with integration of cutting-edge solutions across supply network will stimulate the industry outlook.
The report analyzes business profiles of prominent companies operating in Europe power transmission lines & towers market and entails data pertaining to revenues generated, production volume, and products manufactured by them. The report also elucidates findings of Porter’s Five Force analysis and PESTEL analysis while examining existing price trend and market dynamics.
Increasing investments to develop T&D networks to ensure steady flow of electricity coupled with stringent regulations related to efficient power transmission are set to augment the growth of Europe power transmission lines & towers market. In fact, Europe adopted TEN-E Regulation (EU) No. 347/2013 for development of efficient power infrastructure.
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Unveiling product spectrum:
Based on the product spectrum, conventional conductor segment is anticipated to expand substantially over the forecast period, due to superior electrical conductivity and low tensile strength as compared to its counterpart. Ease of installation, minimum maintenance, and optimized performance are poised to add significant traction to conventional conductor segment. Besides, integration of advanced transmission systems across the supply network is anticipated to stimulate the market growth.
Elaborating application scope:
Speaking of application scope, the market is categorized into extra high, ultra-high, and high tension. Among these, high-tension segment is reckoned to grow decently over 2020-2026 owing to high efficiency and reduced transmission cost. Also, adoption of cleaner energy resources and surging demand for efficient lines and towers are poised to add momentum to market growth.
Scrutinizing regional scenario:
Germany power transmission lines & towers market is poised to generate remunerative gains by the year 2026, due to increasing regulatory efforts to deploy smart grid infrastructure across the region. Additionally, surging proportion of renewable energy along with attractive incentives towards non-conventional energy production are further slated to fuel the market growth. As per Germany’s grid deployment plan, the country aims to install more than 6670 kms of new AC/DC grid network by 2030.
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Europe Power Transmission Lines & Towers Market Product Analysis (Revenue, USD Million, 2015-2026)
- High Temperature
- GAP Conductors
Europe Power Transmission Lines & Towers Market Voltage Analysis (Revenue, USD Million, 2015-2026)
- 132 kilovolts – 220 kilovolts
- Greater than 660 kilovolts
- 221 kilovolts – 660 kilovolts
Europe Power Transmission Lines & Towers Market Current Analysis (Revenue, USD Million, 2015-2026)
Europe Power Transmission Lines & Towers Market Application Analysis (Revenue, USD Million, 2015-2026)
- Extra High Tension
- High Tension
- Ultra High Tension
Europe Power Transmission Lines & Towers Market Regional Analysis (Revenue, USD Million, 2015-2026)
Europe Power Transmission Lines & Towers Market Competitive Scenario Analysis (Revenue, USD Million, 2015-2026)
- Sterling and Wilson Pvt. Ltd.
- Prysmian Group
- Nexans S.A.
- Siemens AG
- Arteche Group
- KEC International Limited
- Sumitomo Electric Industries Ltd.
- CG Power and Industrial Solutions Limited
- General Electric Company
- Sterlite Power
Table of Content:
Chapter 1. Methodology and Scope
1.2. Market definitions
1.3. Market estimates and forecast parameters
Chapter 2. Executive Summary
2.1. Europe power transmission lines & towers market 360o synopsis, 2015 a?? 2026
Chapter 3. Europe Power Transmission Lines & Towers Industry Insights
3.1. Industry segmentation
3.2. Industry landscape, 2015 a?? 2026
3.3. Industry ecosystem analysis
3.4. Innovation & sustainability
3.5. Price trend analysis
3.6. Regulatory landscape
Chapter 4. Europe Power Transmission Lines & Towers Market, By Product
4.1. Europe power transmission lines & towers market by product, 2019 & 2026
4.2. Transmission lines
4.3. Transmission towers
4.3.1. Europe market from transmission towers, 2015 a?? 2026
4.3.2. Europe market from transmission towers, by country, 2015 a?? 2026
Chapter 5. Europe Power transmission lines & towers Market, By Voltage
5.1. Europe power transmission lines & towers market share by voltage, 2019 & 2026
5.2. 132 kV to 220 kV
5.3. 221 kV to 660 kV
5.4. >660 kV
Chapter 6. Europe Power transmission lines & towers Market, By Current
6.1. Europe power transmission lines & towers market by current, 2019 & 2026
6.3.1. Europe market from HVDC, 2015 a?? 2026
6.3.2. Europe market from HVDC, by country, 2015 a?? 2026
Chapter 7. Europe Power transmission lines & towers Market, By Application
7.1. Europe power transmission lines & towers market share by application, 2019 & 2026
7.2. High tension
7.3. Extra high tension
7.4. Ultra high tension
Chapter 8. Europe Power transmission lines & towers Market, By Country
Power Transmission Lines & Towers Market Size, Regional Outlook, Competitive Market Share & Forecast, 2020 – 2026
Power Transmission Lines & Towers Market size is anticipated to witness over 8% CAGR up to 2026, as per new research report. Power transmission lines tend to have high tensile strength and are innately designed to resist temperatures and calamities. In a bid to keep up with the rising electricity supply, leading players have been investing majorly in novel grid infrastructure projects. With HVAC system becoming more dynamic, facilities have been increasingly using HVAC systems for energy efficiency and preventive maintenance. According to EPA, poor indoor air quality has been one of the major factors of environmental risk. HVAC system helps enhance indoor air quality. In terms of current, HVAC system will witness moderate growth given it helps in reducing terminal costs, along with providing ease-of-voltage transformation in circuits. This may translate into rising proliferation in the installation of HVAC transmission lines.
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