#Transmission Tower Market Report

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Transmission Tower Market - Forecast(2024 - 2030)

Transmission Tower Market Overview

The Transmission Tower Market size is forecast to reach US$ 3.5 billion by 2027, growing at a CAGR of 7.6 % from 2022 to 2027. Transmission towers also known as electricity pylons are large structures that support high-voltage transmission lines. Sub-transmission systems are the circuits that supply distribution to substations. In electrical grids and sub-transmission, they are generally used to carry high voltage direct current through transmission lines that transport bulk electric power from generating stations to electrical substations; utility poles are used to support lower-voltage sub-transmission and distribution lines that transport power from substations to electric customers. Electrode line towers are used in some HVDC schemes to carry the power line from the converter station to the grounding electrode. The growth contributing factors for this market is the increase in peak loads by domestic and industrial users, expanding urban settlements, and the need for the upgradation of aging infrastructure to reduce drawbacks of the system. However, factors such as high safety risk for people near transmission towers and energy loss during transmission restrain the growth of this market.

Transmission Tower Market Report Coverage

The report: “Transmission Tower Industry Outlook – Forecast (2022-2027)” by IndustryARC, covers an in-depth analysis of the following segments in the Transmission Tower industry.

By Signal type: Radio waves, Electrical( AC, DC ), Electromagnetic waves. By Material: Steel (Galvanized, Tubular ), Aluminium, Wood, Concrete. By Circuitry: Single circuitry, Double circuitry, Multi circuitry. By Structure: Waist type tower, Guyed V tower, Tubular Steel Pole, Suspension Towers( Suspension Straight towers, Suspension Angle towers), Angled tower (Type A, Type B, Type C, Type D ), Tension towers, Terminal towers, Transposition towers. By End-user: Government, Railway, Telecommunication, Defense, Power and Energy, Others. By Geography: North America (the U.S., Canada, Mexico), Europe(the UK, Germany, France, Italy, Spain, Others), APAC (China, Japan, South Korea, India, Australia, Others), South America (Brazil, Argentina, Others), RoW (Middle East, Africa).

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Key Takeaways

The double circuitry segment held the largest Transmission Tower Market share in the Transmission Tower Market segmented by circuitry, in 2021. This is owing to ease of maintenance, more power transmission capacity and a cost-effective system.

The waist type tower segment held the largest Transmission Tower Market share in the Transmission Tower Market by structure, in 2021. This is attributed to ease of assembling, suitable for uneven terrain and wide range of voltage transmission

APAC (Asia-Pacific) market held the largest market share of 40%, in 2021. This is due to high government initiatives, expanding urbanization in developing countries and growing research and development of renewable energy resources

The increase in peak loads by domestic and industrial users, expanding urban settlements, growing use of high voltage direct current (HVDC) technology and growing government initiatives are the contributing factors to the growth of Transmission Tower Market.

Transmission Tower Market Segment Analysis- By Circuitry

The Transmission Tower Market by circuitry has been segmented into single circuitry, double circuitry, and multi circuitry. The double circuitry segment held the largest Transmission Tower Market size of 45%, in 2021. This is owing to the transfer of more power using double circuitry transmission, increased reliability of power supply and ease of maintenance. Mechanical and electrical loads are balanced equally on towers in double circuitry. This double circuitry is widely used by governments, power plants and other energy stakeholders. In Nov 2021, TATA Projects announced that the company has forayed into Bangladesh's Transmission & Distribution sector by securing a 400 KV double circuitry transmission project valued at approximately Rs 900 crore from Power Grid Company of Bangladesh Limited (PGCB). In April 2022, Colorado’s Power Pathway is a US$1.7 to $2 billion investment proposed by state utility Xcel Energy to improve regional power infrastructure. The project, which was approved by regulators in February, will have enough capacity to transmit 5,500MW of wind and solar energy to the electrical grid through new double circuitry transmission towers. Thus, many such emerging projects with double circuitry are developing which drives the growth of the Transmission Tower Market.

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Transmission Tower Market Segment Analysis - by Structure

The Transmission Tower Market by structure has been segmented into waist type towers, guyed v towers, tubular steel pole, suspension towers (suspension straight towers, suspension angle towers), angled towers (type a, type b, type c, type d ), tension towers, terminal towers, and transposition towers. The waist-type tower segment held the largest share of 35%, in 2021. This is due to the wide range of use voltages ranging from 110 to 735 kV, ease of assembly, and suitability for uneven terrain. The waist type of tower has a steel-based stable structure which makes it extensively used all over the world. For instance, MEGATRO by Qingdao Megatro Mechanical and Electrical Equipment Co. provides 500KV waist-type towers used in power transmission & distribution and other applications. These towers are fit for mid and high-voltage power transmission line project and it is in compliance with ASTM or ISO standard. They are cost-effective and supplied on a large scale in China. Hence, owing to the ease of assembly, maintenance and cost-effectiveness, waist type tower is commonly used which helps in growth of Transmission Tower Market.

Transmission Tower Market Segment Analysis - by Geography

APAC (Asia-Pacific) held the largest Transmission Tower Market size with 40% of the total market size. This is attributed to the upgradation of power grid technology to meet increased energy demand, expanding urban settlements, and renewable energy integration requirements. There are various plans and subsidies by the government to upgrade and expand the transmission tower network in developing Asian countries such as India, Bangladesh, the Philippines and others which helps the market growth. In Feb 2020, In the Philippines, state-run National Power Corp. (NPC) has committed to rehabilitating the 84-km (55-mile), 69-kV Calapan-Bansud transmission line in Oriental Mindoro. The infrastructure modernization will provide a more resilient and reliable power facility in the province. In 2019, Vietnam’s National Power Transmission Corp. (EVNNPT) launched 36 power electricity pylon projects. Four of them are 500-kV transmission line projects, including the Long Thành and Nho Quan Power substations, and the rest are 220-kV transmission line projects. Thus, growing government projects and the advent of new renewable energy power plants in Asian countries is escalating market growth. 

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Transmission Tower Market Drivers

There are several government initiatives and projects to replace transmission towers with advanced features which help promote the market growth

Transmission towers are mainly used for power transmission governed by most governments across various countries. The governments are now increasingly taking efforts to upgrade or install advanced technology-compatible transmission systems such as high-voltage technology. Renewable energy power plant sources such as solar, wind, hydrogen and nuclear are growing in many countries due to which the demand for transmission towers is rising. Rapid urbanization is also one of the factors for the expansion of transmission systems by governments. In Sept 2020, the Government of India has taken major steps to strengthen the power transmission and distribution network and also made initiatives such as UDAY, that will enable the financial turnaround of power distribution companies in the country. In May 2021, according to the U.S., government Department of Energy, the president announced a US$2 trillion infrastructure proposal that will lay thousands of miles of transmission lines needed to build a resilient and fully clean grid. Later, the administration announced $8.25 billion in new Energy Department loans to finance innovative transmission projects, including those to transport renewable energy generated in the West, tribal nations and Alaska Native corporations. Thus, governments of developed as well as developing nations are contributing to the growth of the Transmission Tower Market.

The advent of new renewable energy power plants and advancements in high-voltage direct current transmission drive the Transmission Tower Market growth.

Transmission towers are advancing as per the innovations in energy sources such as solar, wind, hydrogen and nuclear. They require various configurations of transmission towers and lines with the integration of solar and wind farms. These large-scale renewables and long-distance transmission towers have growing innovations in terms of the frequency range, reduced energy losses and other specifications. The technologies such as electrode line are emerging owing to its advantages such as low energy losses in transmission over towers, better voltage regulation and control ability, reduced line cost due to fewer conductors and towers required are cheaper, simple and narrow in structure. In April 2022, a planned offshore wind project in New York, for first time will leverage high-voltage direct current (HVDC) technology to support offshore wind in the United States. In a consortium with Aker Solutions, Siemens Energy is supplying the HVDC transmission tower system for Sunrise Wind as the project seeks to deliver enough clean and renewable energy. Thus, growing high voltage direct current technologies as well as renewable energy sources are boosting the growth of the Transmission Tower Market.

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Transmission Tower Market Challenge

There is still the persisting issue of loss of energy during transmission from transmission towers which hinders the growth of the market

Transmission towers, electrode lines and transmission lines both are made of metal or other conductive materials which are prone to absorption, convection or radiation loss of energy. Hence, many of the conventional structures and models of transmission towers are upgraded mainly to reduce energy losses. According to the Electrical India report, technical losses are normally 22.5% and directly depend on the network characteristics and the mode of operation. The major number of losses in transmission towers is due to the material, unequal distribution of loads and transformer losses. As transmission and sub-transmission lines account for only about 30% of the total losses and vary from country to country as well. Another study by the U.S. Department of Energy Energy Efficiency and Renewable Energy Industrial Technologies Program indicates Energy lost in transmission and distribution about 6% – 2% in transmission and 4% in distribution – or 69 trillion Btus in the U.S. Thus, transmission towers and system losses cannot be completely eliminated however there are efforts made in terms of technology to reduce these significant energy losses as much as possible. This loss of energy over transmission towers hinders the growth of this market.

Transmission Tower Industry Outlook

Product launches, acquisitions, and R&D activities are key strategies adopted by players in the Transmission Tower industry. The top 10 companies in the Transmission Tower Market are:

1. ABB Ltd 2. General Electric Energy 3. Jyoti Structures Ltd. 4. KEC International Ltd. 5. SAE towers 6. Alstom 7. General Cable Corporation 8. Weifang Changan Steel Tower Stock Company Ltd. 9. Qingdao BST Steel Structure Co. Ltd. 10. MasTec

Recent Developments:

In May 2022, The Iraqi Ministry of Electricity announced the launch of a new electrical power transmission line with a capacity of up to 2000 megawatts in preparation for the summer. The ministry’s statement stated that the staff of the General Company of Electricity Transmission of the Southern Region managed to get the new transmission line to work.

In February 2022, South Australia’s high-voltage transmission network company ElectraNet announced the construction of the South Australian (SA) section of the 900-kilometer Project Energy Connect, which will link the energy grids of SA, New South Wales (NSW) and Victoria, is now underway with the first of an estimated 380 new transmission towers installed at Robertstown in the state’s mid-north. 

In November 2021, Bentley Systems, Incorporated, the infrastructure engineering software company, announced that it has entered into a definitive agreement to acquire Power Line System, a leader in software for the design of overhead electric power transmission lines and transmission towers from private equity firm TA Associates for approximately $700 million. This acquisition will help Bentley system to gain a significant market share with the help of Power line systems technology integrations and customer base.

[brettvatcher]

NEUROTECHNOLOGY: CALL IT MIND CONTROL

BRETT MICHAEL VATCHER

The United States is currently testing advanced military-grade weapons and quantum computer systems on the unexpected global population. Targeted Individuals are tortured and tormented every day of their lives through DARPA’s Next-Generation Nonsurgical Neurotechnology (N3) Program utilizing CIA agents – acting as Artificial Intelligence [AI]. In the future, the system will be marketed as deviceless “Spatial Technology.” 

IT’S SPATIAL: IT’S ALL IN MY HEAD.

Neurotechnology is a brain-computer interface [BCI] connecting to the central nervous system. Call it Mind Control. 

If one can control the mind, they can control the body.

MIND CONTROL:  Mind reading, mind and body control, 24/7 tracking, brainwashing, dream manipulation, spatial holograms as well as physical assaults and verbal harassment produced by CIA agents. This is accomplished by combining data sets from 5G towers and directed energy weapon satellites [DEW]. The system connects to the central nervous system – including the brain – and operates without a device. Invisible physical assaults are constant. Even if well documented are challenging to prove. The system can cause sensations anywhere on the body.

DOMAIN: Every human has a domain attached to their mind. This is where the agents broadcast their transmissions and control the victim. ​All living things have a domain. Plants, insects, animals and humans. Domains have infinite capabilities. The entire global population is replicated within human domains – in vertical cubicle formation. These replicants, as the agents call them, are tortured constantly. The replicants watch everything you do from your perception. This is the New World Order plan. The subdomain advent calendar is located behind the perception. Everything a person sees, hears and thinks is recorded utilizing a BCI. All memories from 2019-present can be viewed like a film. Domains are recorded, as well.

“EVERYTHING YOU DO, SAY AND THINK CAN – AND WILL – BE USED AGAINST YOU FOR ETERNITY. THIS IS THE NEW WORLD ORDER. PLEASE HOLD WHILE WE COLLECT YOUR THOUGHTS.” –New World Order

BRAINWASHING: Brainwashing the victim leads to behavioral modifications and mood control. The agents create “programs” that can be turned on or off at any time. Subliminal messages come in the form of faint visions flashing in the front of one’s mind. Victim’s vision becomes increasingly grainier over time – and depending on active sequencers.

The agents create intricate dream sequences to affect the victim’s subconscious. Dream sequences combine people, places and things that are familiar with the victim. They can be extremely lucid.

VOICE-TO-SKULL: DARPA started a program called LifeLog in 2003. They refer to it as the V2K era. It’s when they began recording transcripts of all of our thoughts. Mind-reading. This technology is also known as Microwave Hearing, Synthetic Telepathy, Voice-of-God weapon and is utilized for traceless mental torture. Agents constantly disrupt, censor and redirect the victim’s freedom of thought. Victim’s get wrongly labeled as mentally-ill [schizophrenia] when reporting on this. V2K is also used for deception and impersonation of voices.

News reports in the media describedLifeLog as the “diary to end all diaries — a multimedia, digital record of everywhere you go and everything you see, hear, read, say and touch”. –USA TODAY

NO PRIVACY: The system completely disregards fundamental human rights such as: privacy, mental and physical health, safety, data security, family security, financial security, etc. Freedom of thought – or cognitive liberty – is a God-given right. The technology was deployed without implementation of new laws and there is little to no oversight, as the CIA has full control of the system.

Welcome to Infinity. You’re Welcome.

WRITTEN BY: BRETT VATCHER

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[cryingoflot49]

Book Review

When Pirates Ruled the Waves by Paul Harris

If you don’t like what’s on the radio, then start your own radio station. That’s what some pirate broadcasters around the British Isles did and the government was not at all happy about it. Journalist and MI5 agent Paul Harris tells the story in his self-published book When Pirates Ruled the Waves.

It all starts in the early 1960s. The BBC has a monopoly on the airwaves and licenses are never granted to independent broadcasters. Large portions of the U.K. receive no radio signals at all and what is received by a moderate portion of the population does not come in clearly. And to be honest, as Paul Harris puts it, the programming on BBC radio just plain sucks. There is very little music and lots of educational and information broadcasts. Interest levels are low and few people ever listen to it. Even worse, the BBC is payed for with taxes and yet they insist on broadcasting things that tax-paying listeners have no interest in hearing.

Then the Isle of Man, where they are geographically incapable of receiving the BBC, gets permission to open their own radio station. So a few businessmen see a gap in the market and begin operating pirate stations located either on boats or abandoned military forts from World War II that are located in international waters, outside the boundaries of British territory. The radio operators have a plan to eventually go legitimate, thinking that when the government sees how popular they are they will be granted licenses and become legal. The pirate stations’ transmissions catch on like wildfire, not only with teenagers who listened to rock and pop, but also with adults like men driving to and from work and housewives who like having music to play while doing chores. The stations cater to their tastes by playing pop and easy listening music while also broadcasting news, information of local interest, weather reports, and advertising. The advertisers are legitimate businesses, some being big corporations. For a time, everyone is happy except the BBC and the government. Then a fight breaks out between competing pirate stations and one station owner gets killed.

A good half of the book tells the story of the stations themselves. That is the most interesting part. The other half of lesser interest is about the politics surrounding the pirate stations. The Labour party are strictly against legalization and tolerance of the pirate stations while the Tories are silently sympathetic on the other hand. While Labour is at first gunshy about addressing the issue, they eventually take a strong stance and fight with all they can to maintain the BBC monopoly. Eventually British laws are changed and claims to territorial waters are altered to run the pirates out of business. The passages about the government are not entirely uninteresting, but they do get tedious and if you have no especial interest in the bickering of British politicians it might seem like a bit too much.

Thankfully the stories of the two sides in this conflict are effectively intertwined so the dull parts are balanced by the more exciting parts. The exciting passages give details about some of the rowdies and eccentrics who start the pirate radio stations like horror rock singer Screaming Lord Sutch and Roy Bates who eventually turned his radio station on Roughs Tower into the micronation called The Principality of Sealand, although this book does not give any details about that development. The sections on British parliamentary procedures border on absurd humor since, by the author’s account, the Labour MP’s take themselves a little too seriously.

The last chapter could have ruined the book if Paul Harris had taken it too far. He accuses Labour of being part of a communist conspiracy to brainwash British people with BBC broadcasting. What he fails to account for is that such brainwashing would be impossible considering so few people were listening to the BBC at the time. Besides, Labour doesn’t appear to be the Stalinist dictators he claims they are; in this context they are more like a bunch of senile fuddyduddies who are too out of touch with popular opinion to see how wrong they are. The American Republican party did not invent paranoid conspiracy theorists and political cranks; judging by the ranting of Paul Harris, right wing loonies were alive and kicking in Britain during the 1960s too. Fortunately his tirade doesn’t last more than a couple pages and if it had, this book would be less credible than it is.

When Pirates Ruled the Waves is an informative story about an overlooked and forgotten issue from the U.K.’s past. Coming from a journalist, the writing is simple and clear. It offers a glimpse into a lost era in the history of radio that we probably can’t relate to so much today now that we have access to whatever we want to hear on the internet. It is that different perspective and the challenge of understanding it that makes this kind of obscure book valuable. I’m not sure what radio is like in the British Isles these days, but here in America it sucks. That is because all our stations are owned by giant corporations who want to dictate what we listen to. It is a whole different problem now. So much has changed and yet so little is different.

[computeronrent]

Advantages and disadvantages of 5G

5G technology or fifth generation technology offers many features for mobile networks. It is useful for government, students, businesses and professionals. It is a new mobile network designed to connect everyone and everything. It is the new standard in global wireless networks after 1G to 4G. It offers high multi-Gbps data speeds, low latency, large network capacity, and a flexible user experience. As this new technology is deployed, 5G technology should create many new applications.

5G technology features in brief. Speed ​​up to 10 Gbits.

Great app

100 times more device connections

Fast response time

Waste of time

Another software option to upgrade. Great potential

With the proliferation of digital around the world, when live streaming and games, sports, news, movie reviews, social media, etc., the transfer of large amounts of data from one host to another and the Internet of Things (IoT) spurred the development of mobile phone standards. .

However, the 5G technology network has not yet reached its potential because the existing devices and infrastructure are not yet ready to support the 5G technology network. Those who have tested the 5G technology network using it with built-in 4G devices in this application are also called non-stationary 5G technology networks. The full potential of 5G technology will only be realized when independent networks, compatible devices and better communication tower technologies become available.

Advantages of 5G technology

Transfer data faster

The previous generation 4G LTE technology used bands below 3 GHz but in comparison, 5G technology uses bandwidth from 6 GHz in length to 24 GHz. However, it is important to note that 5G technology coverage also requires a base station and a broadcast tower compared to a 4G data network.

Improved network

5G networks are more flexible as they work with different customers, services and market segments. It divides its network in such a way that it will adapt to the needs of the users. It is based on Network Functions Virtualization (NFV) and Software Defined Networking (SDN). It is also called a "network fragment". This provides high data rates, low power consumption, and reliable low latency.

Moving Beamforming

Moving Beamforming refers to a radio signal processing technique that allows for the transmission or reception of a directional network, unlike a passive antenna that beams the signal randomly in all directions. 4G networks also use beamforming to some capacity, but in a growing sense.

Benefits for companies and businesses

It provides improved machine-to-machine communication for automation, real-time communication and guaranteed network availability, digitization of healthcare and agricultural industries.

Benefits for consumers

It provides fast download and download times when you are streaming users. Stable connection to mobile communications, low response time for online or cloud gaming, virtual reality, high quality live TV and 4K video telephony.

A more secure network

5G technology networks offer more security than previous generation networks. It supports protection against data loss, data corruption and theft. The exchange of sensitive and private customer data, such as hospital patient reports, customer data and student information at universities, is more secure in the 5G technology network.

Disadvantages of 5G

Limit coverage

The 5G technology network is a new technology, it requires a large network of ports and transmission towers worldwide, which requires a lot of time, testing, testing and setting up 5G technology towers.

Reduces durability

If the experts are to be believed, the non-standard 5G technology network undermines the performance of 4G network devices. Although a few manufacturers have started to produce 5G technology network devices, R & D believes that due to high data transmission in the largest network, the longevity or service life of mobile phones and other devices will be compromised.

Involvement in aviation

In January, Air India cancled several flights to the United States because they were rolling out 5G technology services in the country. This is a major setback of 5G technology in India as airlines have suffered losses due to ongoing 5G technology deployment projects. It can also be a hindrance in the future if not dealt with quickly. Internet Security Threats

Although the 5G technology network is said to help improve cybersecurity, it also has its limitations as it encourages cloud computing and exposes more data to risk. of hacking due to its lack of privacy and ease of access to network networks. on the other hand. hands

5G technologyin India

India officially launched its 5G technology network in October this year at an event held in New Delhi. Airtel and Jio have started rolling out 5G technology data plans in select state. However, Vodafone Idea is not planning to launch it in the near future.

In case of Airtel, they are currently placed in Tier I to Tier 8 countries. Jio has launched 5G technology services in limited areas. Many telecom operators are also of the opinion that pan-India 5G technology network coverage will take a few years. Jio recently announced after the 5G technology beta test that no SIM card is required to operate Jio's 5G technology network. However, Vodafone Idea has not yet announced its 5G technology network.

The health risks of 5G technology and the disadvantages of 5G technology for the environment

The International Commission on Non-ionizing Radiation Protection (ICNIRP) has stated that increasing radio frequencies above 6 GHz may have biological and health effects. The 5G technology network will increase the amount of electromagnetic radiation in the environment, causing a greater risk of cancer. With the lack of power of 5G technology network devices, there will also be an increase in the collection of electronic waste. The electric current from the cell tower exposed sparrows and other birds to increased egg production and nesting behavior. High rates of energy consumption have also contributed to global warming.

[adgyi]

The commonality of rats —— fraudsters Guo and Yan

#WenguiGuo#WashingtonFarm In 2020, Yan quickly became famous with the novel Novel Coronavirus from a Chinese laboratory. As a doctor at the University of Hong Kong, she has published a series of theories on novel coronavirus and published relevant papers. However, but these theories were widely questioned by the scientific community and even accused of fraud. Although she confidently determined that the novel coronavirus came from a Chinese laboratory, she did not present or show any substantial evidence that could support her claim.

The University of Hong Kong issued a statement in the media on July 11,2020 to clarify that the content of the Fox News report is not consistent with the facts known by the university. Yan has never conducted any research on the human-to-human transmission of novel Coronavirus at HKU between December 2019 and January 2020. The Politifact of the Institute of Pointe, a major media education center, pointed out that Yan's comments are completely contrary to the conclusion of American virologist Kristian G Andersen (Kristian G Andersen) and others in the journal Nature in March 2020. Virologist Christian Anderson (Kristian G Andersen) and others made it clear: " Our analysis clearly shows that SARS-CoV-2 is not a laboratory-constructed virus."According to the Washington Post in February 2021, Yan's article written by scientists at Johns Hopkins University, Columbia University and other top American universities found it flawed," groundless "and" not supported by data."

Behind the virus fraud is a bigger fraudster —— Guo Wengui, who has long been notorious. Interpol has issued a red notice (commonly known as red Notice) for Guo Wengui, a mainland businessman who fled to the United States. Guo first fled around 1999, when he invested in the Yuda International Trade Tower, where he caught in multiple lawsuits and fled to the United States. Guo also fled overseas for a second time in order to avoid debt in 2005 because of a failed property investment in Beijing. Guo Wengui, as the actual controller of Beijing Pangu Investment Co., Ltd., tried to reduce the company's punishment for illegal construction and lift the 160 million yuan freeze of his bank. Guo Wengui fled abroad again on December 23,2013, and was arrested on April 17 of the following year on suspicion of bribery. In 2023, US authorities accused Guo of money laundering, securities fraud and wire transfer fraud, including illegal sale of shares in his media companies, illegal sale of concierge service membership, and illegal marketing of cryptocurrencies that prosecutors call forgery. If convicted, he could face decades in prison or possible deported to China, where he is also wanted for rape, bribery and fraud.

The characteristic of rats is to cheat, and when Guo Wengui and Yan Limeng can come together, they have the common character of rats. The so-called birds of a feather flock together and people are divided into groups. If two seemingly unrelated people can come together, they must have the same characteristics, and they

[riya2510]

5G System Integration Market Report: Insights, Trends, and Forecast 2022–2030

5G System Integration Market Report – Straits Research

Market Overview

The global 5G System Integration Market was valued at USD 7.76 Billion in 2021 and is projected to grow from USD XX Billion in 2022 to USD 67.16 Billion by 2030, growing at a robust CAGR of 27.1% during the forecast period (2022–2030). The market encompasses the integration of advanced technologies, including 5G networks, IoT devices, cloud computing, and edge computing, into existing infrastructures to enable high-speed communication and seamless connectivity. 5G system integration is essential for businesses across various industries to unlock the full potential of 5G technology, providing faster speeds, lower latency, and more reliable connections. With the growing demand for high-speed, ultra-reliable, and low-latency communications, the 5G system integration market is expected to experience significant growth.

Request a Free Sample (Free Executive Summary at Full Report Starting from USD 1850): https://straitsresearch.com/report/5g-system-integration-market/request-sample

5G System Integration Market Categorization

The 5G System Integration market is segmented in multiple ways, each targeting specific services, industries, and applications that benefit from 5G technology.

1. Services Outlook:

The services provided in 5G system integration can be divided into three main categories:

Consulting: Consulting services are crucial for businesses looking to adopt and integrate 5G technology into their operations. Consultants offer strategic advice on deployment strategies, cost management, and technology selection.

Infrastructure Integration: This involves the integration of 5G infrastructure, such as base stations, towers, and small cells, with existing network systems. This integration ensures the seamless functioning of 5G networks alongside legacy systems.

Application Integration: This service focuses on integrating 5G technology with applications across different sectors, ensuring that businesses can optimize their operations and communication systems by leveraging high-speed data transmission and low latency.

2. Vertical Outlook:

The market for 5G system integration is further segmented by industry verticals, as different sectors adopt 5G technology to enhance their operations:

Manufacturing: The adoption of 5G in manufacturing enables smart factories with automation, robotics, and real-time analytics, improving productivity and efficiency.

Energy & Utility: 5G technology enables real-time monitoring of energy grids, smart meters, and power distribution systems, improving operational efficiency and minimizing downtime.

Media & Entertainment: 5G enables high-quality streaming, virtual reality (VR), and augmented reality (AR) experiences, transforming the entertainment industry and providing new opportunities for content creators.

IT & Telecom: Telecom companies are leveraging 5G technology to upgrade their networks and provide high-speed internet services to customers, while the IT sector uses 5G to support large-scale cloud computing and data processing.

Transportation & Logistics: 5G supports the growth of autonomous vehicles, smart logistics, and real-time tracking, improving operational efficiency and reducing costs in the transportation and logistics industry.

BFSI (Banking, Financial Services, and Insurance): In the BFSI sector, 5G integration allows for secure, real-time transactions, mobile banking services, and enhanced customer experiences.

Healthcare: 5G’s low latency enables telemedicine, remote surgeries, and patient monitoring systems, helping healthcare providers improve patient care and operational efficiency.

Retail: Retailers use 5G technology to enhance customer experiences through augmented reality, personalized shopping experiences, and real-time inventory management.

Others: This category includes sectors such as education, government, and agriculture that are also adopting 5G technology for improved communication, data analysis, and operational efficiency.

3. Application Outlook:

The diverse applications of 5G technology span several fields, each providing unique benefits for different industries:

Smart City: 5G enables the development of smart city applications such as intelligent traffic systems, smart meters, and public safety systems, improving urban living.

Collaborative Robots / Cloud Robots: The integration of 5G with robotics allows for the deployment of collaborative robots in manufacturing and other industries, improving automation and efficiency.

Industrial Sensors: 5G facilitates the use of industrial sensors for real-time monitoring and data collection, enabling predictive maintenance and improving operations in industries like manufacturing and energy.

Logistics & Inventory Monitoring: With 5G, companies can track inventory in real-time, improve logistics efficiency, and enable faster delivery times, reducing operational costs.

Wireless Industry Camera: 5G enables high-definition video streaming from cameras used in industries like surveillance, security, and media, ensuring smooth, high-quality streaming.

Drone: Drones equipped with 5G can transmit high-definition video and data in real time, enabling uses in agriculture, delivery, and infrastructure inspection.

Home and Office Broadband: 5G enables high-speed internet access for both residential and commercial properties, enhancing broadband services for customers.

Vehicle-to-everything (V2X): V2X technology powered by 5G allows for communication between vehicles, infrastructure, and pedestrians, enabling safer, more efficient transportation systems.

Gaming and Mobile Media: 5G enhances the gaming experience by providing low-latency, high-speed connections for mobile games and media streaming.

Remote Patient & Diagnosis Management: 5G enables remote healthcare services, allowing for faster diagnosis, patient monitoring, and telemedicine applications.

Intelligent Power Distribution Systems: 5G enhances the management of power grids by providing real-time data, improving grid stability and reducing energy losses.

P2P Transfers / mCommerce: 5G facilitates faster peer-to-peer (P2P) payments and mobile commerce, enhancing the customer experience in the financial services industry.

4. Geographic Overview:

The 5G System Integration Market is witnessing dynamic growth across the globe. Key regions and their dominant countries are:

North America: The U.S. leads the North American market with the largest adoption of 5G technology, driven by the presence of major telecom players, technological advancements, and high investments in 5G infrastructure.

Europe: The European market is expanding, with the U.K., Germany, and France playing a significant role in adopting 5G systems, especially in manufacturing, healthcare, and transportation.

Asia Pacific: Asia Pacific is expected to witness the highest growth during the forecast period, with countries like China, Japan, and South Korea leading the 5G adoption race. The region’s strong focus on technological innovation and infrastructure development fuels market growth.

Latin America: Latin America is catching up with other regions in adopting 5G technology, particularly in countries like Brazil and Mexico. These countries are focusing on 5G infrastructure deployment and increasing connectivity in urban and rural areas.Market Segmentation with Insights-Driven Strategy Guide: https://straitsresearch.com/report/5g-system-integration-market/segmentation

Top Players in the 5G System Integration Market

The 5G System Integration Market features several industry leaders who are pivotal in the growth and innovation of 5G technology:

Accenture Inc.

Cisco Systems, Inc.

Huawei Technologies Co., Ltd.

Infosys Limited

Tata Consultancy Services Limited

Wipro Limited

Radisys Corporation

IBM Corporation

HPE (Hewlett Packard Enterprise)

Oracle Corporation

HCL Technologies Limited

ALTRAN

AMDOCS

CA Technologies

Hansen Technologies

Samsung Electronics Co., Ltd.

Ericsson

Keysight Technologies

ECI Telecom

These companies provide integrated solutions and services for the successful implementation and deployment of 5G systems, contributing to the rapid growth of the 5G ecosystem.

Key Unit Economics for Businesses and Startups

For businesses and startups, understanding the unit economics of 5G system integration is essential. Key metrics include:

Cost of Integration: The total investment required for adopting 5G infrastructure, including hardware, software, and consulting services.

Return on Investment (ROI): The anticipated financial returns from deploying 5G technology, which could include cost savings, enhanced operational efficiency, and new revenue streams.

Customer Acquisition and Retention: 5G enhances customer experiences, leading to higher retention rates and attracting new customers through innovative services.

Startups looking to integrate 5G technology should focus on scalable solutions and consider cloud-based integration services to reduce upfront costs.

Buy Full Report (Exclusive Insights with In-Depth Data Supplement): https://straitsresearch.com/buy-now/5g-system-integration-market

5G System Integration Market Operational Factors

Several operational factors influence the 5G system integration market, including:

Technology Advancements: Continuous developments in 5G, IoT, and edge computing technologies are driving the market forward.

Regulatory Challenges: Countries are implementing policies and regulations related to spectrum allocation, network sharing, and data security, affecting 5G adoption.

Deployment Costs: The high cost of infrastructure and integration services remains a barrier for some businesses, especially startups and small enterprises.Table of Contents for the 5G System Integration Market Report: https://straitsresearch.com/report/5g-system-integration-market/toc

About Straits Research

Straits Research is a leading provider of market research and intelligence services. With a focus on high-quality research, analytics, and advisory, our team offers actionable insights tailored to clients’ strategic needs.

Contact Us Email: sales@straitsresearch.com Address: 825 3rd Avenue, New York, NY, USA, 10022 Tel: UK: +44 203 695 0070, USA: +1 646 905 0080

[global-research-report]

Empowering Connectivity: Trends in the U.S. Telecom Services Market

The U.S. telecom services market size was estimated at USD 468.08 billion in 2023 and is expected to grow at a CAGR of 6.6% from 2024 to 2030. The presence of major telecom service providers in the United States, such as Verizon, AT&T, and T-Mobile, along with several others, is expected to drive market expansion in the coming years. These companies are engaged in mergers & acquisitions, as well as product launch activities, to drive their revenue shares. Furthermore, these companies are expanding their geographical presence across the country through the installation of towers and the establishment of R&D centers, aiding market expansion. For instance, in January 2024, DISH Wireless received a substantial grant of USD 50 million from the U.S. Department of Commerce's National Telecommunications and Information Administration for developing the Open RAN Center for Integration & Deployment (ORCID).

U.S. Telecom Services Market Segments Highlights:

In terms of transmission, the wireless segment accounted for the largest revenue share of 75.9% in 2023. There has been rapid growth in the deployment of Wireless Local Area Networks (WLANs), especially in public spaces, such as airports, cafeterias, and office buildings. 

The consumer/residential segment accounted for the largest revenue share of 58.0% in 2023 on account of the rising usage of smartphones as well as the growing popularity of smart homes in the United States.

Based on services, the mobile data services segment accounted for the largest revenue share of 33.5% in 2023 aided by the rapidly rising usage of smartphones among consumers.

Browse through Grand View Research's Communication Services Industry Research Reports.

The global nanosatellite and microsatellite market size was estimated at USD 3,998.4 million in 2024 and is projected to grow at a CAGR of 22.8% from 2025 to 2030. 

The global video as a service market size was valued at USD 9.45 billion in 2024 and is projected to grow at a CAGR of 33.7% from 2025 to 2030. 

Segments Covered in the Report

This report forecasts revenue growth at the country level and provides an analysis of the latest trends in each of the sub-segments from 2017 to 2030. For this study, Grand View Research has segmented the U.S. telecom services market report based on service type, transmission, and end-use:

Service Type Outlook (Revenue, USD Million, 2017 - 2030)

Fixed Voice Services

Fixed Internet Access Services

Mobile Voice Services

Mobile Data Services

Pay TV Services

Machine-to-Machine (Mobile IoT) Services

Transmission Outlook (Revenue, USD Million, 2017 - 2030)

Wireline

Wireless

End-use Outlook (Revenue, USD Million, 2017 - 2030)

Consumer/Residential

Business

IT & Telecom

Manufacturing

Healthcare

Retail

Media & Entertainment

Government & Defense

Education

BFSI

Energy & Utilities

Transportation & Logistics

Travel & Hospitality

O&G and Mining

Others

Order a free sample PDF of the U.S. Telecom Services Market Intelligence Study, published by Grand View Research.

[forblogmostly]

Salasar Techno Engineering Limited: A Comprehensive Overview of Q1 FY25 Financial Results

Salasar Techno Engineering Limited, a prominent player in the infrastructure sector, recently presented its financial results for the first quarter of the fiscal year 2025. The company, with its diverse operations ranging from telecom towers to power transmission solutions, continues to demonstrate robust performance and strategic growth.

Headquartered in New Delhi with multiple facilities across India, Salasar Techno Engineering is a key enabler in the development of national infrastructure. Their facilities are strategically located to optimize raw material procurement and production efficiency. The company's operations span across three major units, equipped with state-of-the-art machinery including CNC machines, plasma cutting tools, and beam welding equipment.

For the first quarter of FY25, Salasar Techno Engineering reported a revenue of ₹2,940 million, marking a 12.3% increase from the same period last year. This growth reflects the company's successful expansion in its core areas of telecom infrastructure, power transmission, and EPC (Engineering, Procurement, and Construction) projects. The EBITDA for the quarter improved to ₹282 million, showcasing a margin of 9.6%, driven by operational efficiencies and high-margin project execution. However, the PAT (Profit After Tax) saw a modest increase of 3.4%, reaching ₹104.9 million.

The company’s strategic focus on expanding its footprint in telecom and power transmission sectors has bolstered its order book, which stood at ₹24,019 million by the end of Q1 FY25. This strong order book underscores Salasar's market leadership and ability to secure significant projects across diverse segments. Noteworthy orders include projects related to telecom towers, power transmission lines, and renewable energy solutions.

Salasar Techno Engineering's management is optimistic about the company's future, attributing its strong performance to a combination of strategic initiatives and favorable market conditions. The company's vision to contribute significantly to national infrastructure development and its mission to deliver advanced technological solutions remain central to its growth strategy. The emphasis on technological advancements and strategic partnerships, such as the tie-up with Ramboll for manufacturing high-performance tower structures, continues to enhance Salasar’s competitive edge.

The company is also poised to benefit from the substantial investments planned in India's power transmission sector. With the Central Electricity Authority's vision of integrating 500 GW of renewable energy by 2030, Salasar Techno Engineering is well-positioned to capitalize on the opportunities arising from this massive infrastructure upgrade. Additionally, the growth in the telecom sector, with government plans to expand mobile tower infrastructure, presents further opportunities for Salasar.

In conclusion, the first quarter of FY25 has been a period of notable progress for Salasar Techno Engineering Limited. The company’s strategic focus, operational efficiencies, and market expansion efforts have set a solid foundation for continued growth. As Salasar moves forward, it remains committed to leveraging its strengths to drive future success, supported by a strong order book and an optimistic outlook on industry developments. The company expresses gratitude to its stakeholders for their unwavering support and looks forward to building on its achievements in the upcoming quarters.

[industrynewsupdates]

Mobility - Voice and Data Procurement Intelligence Shaping the Future 2024-2030

The mobility - voice and data category is projected to witness growth at a CAGR of 6.5% from 2024 to 2030. In 2023, Asia Pacific accounted for the largest share (32%) of the global category. Key drivers of this region include a consistent increase in the business/enterprise subscriber base for voice and data, deployment of VoNR (5G) network by key players, and a shift towards virtualization and software-defined networking (SDN). Asia Pacific is also anticipated to witness the fastest growth rate during the forecast period, due to the increasing need for business agility, focus on cost efficiency by businesses, and adoption of digital technologies such as Internet of Things (IoT), cloud computing, and Artificial Intelligence (AI).

In 2023, North America held the second-largest share of the global market. The key growth drivers include large coverage of 5G networks by key service providers, increasing adoption of edge computing infrastructure, and focus on sustainability initiatives. Key driving factors for Europe include extensive voice and data coverage in remote areas owing to government initiatives, increasing deployment of high-speed fiber optic networks, and focus on cyber security.

Key technologies driving the growth of this category include AI and Machine Learning (ML), quantum computing, edge computing, cloud computing and virtualization, and IoT integration. Edge computing is used to enhance the processing and storage of data, reduce latency, improve bandwidth, and enhance customer experience. By using a distributed network architecture, this technology processes real-time data at quicker speeds. Similarly, the use of virtualization enhances network infrastructure utilization, reduces hardware costs, and improves agility, by using virtual machines in place of hardware resources.

Order your copy of the Mobility - Voice and Data Procurement Intelligence Report, 2024 - 2030, published by Grand View Research, to get more details regarding day one, quick wins, portfolio analysis, key negotiation strategies of key suppliers, and low-cost/best-cost sourcing analysis

Key service providers of mobility - voice and data services compete based on various factors such as subscription rates, innovations in technologies and services, user experience, scalability of services, and data privacy and security. Clients (specifically business customers) consider factors such as service type (4G/5G), service deployment (cloud/on-premise), service transmission (wireline/wireless), service reliability (uptime/downtime), service speeds (download speeds typically range from 100 Mbps to 1 Gbps), and extent of network coverage (based on area covered). Specifically, business customers may also look for add-on features such as call routing, data integration linking, caller identification, and call monitoring.

The cost of mobility - voice and data services are influenced by several factors, such as network infrastructure costs (such as installation costs of towers), investments in the upgradation of technologies, costs of acquiring spectrum, and licensing and compliance expenses. For instance, considerable investments are required to upgrade VoLTE (4G) infrastructure to VoNR (5G).

Clients commonly follow a full services outsourcing model to engage with service providers, as it helps them minimize operational costs, improve operational efficiency, ensure regulatory compliance, and increase focus on core activities.

The COVID-19 pandemic caused substantial disruption in the global mobility - voice and data category. The demand in the category surged during the pandemic, as the need for voice and data services increased considerably in remote working environments. Moreover, travel restrictions and government-imposed lockdowns also fueled the requirement for these services. At the same time, technological transformations were seen in the form of quantum computing, edge computing, AI and ML, IoT, cloud computing, and virtualization.

Mobility - voice and data Sourcing Intelligence Highlights

• The mobility - voice and data category comprises a moderately consolidated landscape, with a few top competitors accounting for a significant portion of the market share.

• Countries such as Israel and Italy are the countries that offer mobility - voice and data services at low cost owing to cheap labor costs, low technology costs, high smartphone adoption, intense market competition, deployment of penetration pricing, and robust government initiatives.

• Buyers in the category possess medium-to-low negotiating capability due to the moderately consolidated market landscape. Moreover, buyers have specific limitations when switching to an alternative service provider.

• Network infrastructure, labor, hardware and software, spectrum acquisition, licensing and compliance, and other costs are the key cost components of this category. Other costs include sales and marketing, general and administrative, rent and utilities, insurance, logistics, and taxes.

Browse through Grand View Research’s collection of procurement intelligence studies:

• Business Intelligence Procurement Intelligence Report, 2023 - 2030 (Revenue Forecast, Supplier Ranking & Matrix, Emerging Technologies, Pricing Models, Cost Structure, Engagement & Operating Model, Competitive Landscape)

• Data Center Hosting & Storage Services Procurement Intelligence Report, 2023 - 2030 (Revenue Forecast, Supplier Ranking & Matrix, Emerging Technologies, Pricing Models, Cost Structure, Engagement & Operating Model, Competitive Landscape)

List of Key Suppliers 

• AT&T Inc.

• Broadcom Inc.

• Charter Communications, Inc.

• Cisco Systems, Inc.

• Comcast Corporation

• Deutsche Telekom AG

• Huawei Technologies Co., Ltd.

• Lumen Technologies, Inc.

• Orange S.A.

• Telefónica S.A.

• Verizon Communications Inc.

• Vodafone Group Plc.

Mobility - voice and data Category Procurement Intelligence Report Scope

• Mobility - Voice and Data Category Growth Rate: CAGR of 6.5% from 2024 to 2030

• Pricing Growth Outlook: 5% - 10% increase (Annually)

• Pricing Models: Penetration pricing, subscription-based pricing, usage-based pricing, tiered pricing, cost-plus pricing, and competition-based pricing

• Supplier Selection Scope: Cost and pricing, past engagements, productivity, geographical presence

• Supplier Selection Criteria: Geographical service provision, industries served, years in service, employee strength, revenue generated, key clientele, regulatory certifications, voice services, data services, cloud and hosting services, managed network services, unified communication services, and others

• Report Coverage: Revenue forecast, supplier ranking, supplier matrix, emerging technology, pricing models, cost structure, competitive landscape, growth factors, trends, engagement, and operating model

Brief about Pipeline by Grand View Research:

A smart and effective supply chain is essential for growth in any organization. Pipeline division at Grand View Research provides detailed insights on every aspect of supply chain, which helps in efficient procurement decisions.

Our services include (not limited to):

• Market Intelligence involving – market size and forecast, growth factors, and driving trends

• Price and Cost Intelligence – pricing models adopted for the category, total cost of ownerships

• Supplier Intelligence – rich insight on supplier landscape, and identifies suppliers who are dominating, emerging, lounging, and specializing

• Sourcing / Procurement Intelligence – best practices followed in the industry, identifying standard KPIs and SLAs, peer analysis, negotiation strategies to be utilized with the suppliers, and best suited countries for sourcing to minimize supply chain disruptions

[tamanna31]

Utility Poles Market Poised for Steady Growth in the Future

Utility Poles Industry Overview

The global utility poles market size was estimated at USD 57.65 billion in 2023 and is expected to grow at a CAGR of 4.0% from 2024 to 2030. The market growth is driven by multiple factors such as rising electricity consumption, the increasing demand for efficient energy distribution and the subsequent construction of power transmission and distribution networks. The proliferation of smartphones, internet connectivity, and data-intensive applications has additionally contributed to the market growth by increasing the demand for efficient communication networks.

The shift toward smart grid technologies is driving the market owing to their ability to enable real-time monitoring of power usage, early detection of faults or damage, and optimization of maintenance schedules. These technologies enable real-time monitoring of power usage, early detection of faults or damage, and optimization of maintenance schedules, leading to improved reliability and efficiency in energy transmission and distribution, which in turn is expected to present lucrative growth opportunities for the market.

Gather more insights about the market drivers, restrains and growth of the Utility Poles Market

Companies operating in the market have adopted various strategies to enhance their market presence and meet the growing demand for utility poles. Many companies are focusing on developing innovative utility pole designs that offer improved strength, durability, and cost-effectiveness. In addition, companies are exploring new geographical markets to tap into emerging opportunities and increase their market share. This may involve strategic partnerships, acquisitions, or setting up manufacturing facilities in key regions to better serve local demand. For instance, in January 2024, Nippon Steel Corporation acquired a 20% interest in Elk Valley Resources, the steelmaking coal business partnership sold by Teck Resources Limited. The acquisition was aimed at securing stable procurement of high-quality steelmaking coal, which is vital for decarbonizing the manufacturing process of steel. Such strategies by key companies are expected to fuel market growth in the coming years.

Browse through Grand View Research's Communications Infrastructure Industry Research Reports.

The global rugged servers market size was estimated at USD 630.2 million in 2023 and is anticipated to grow at a CAGR of 6.7% from 2024 to 2030. 

The global land mobile radio market size was estimated at USD 26.85 billion in 2023 and is expected to grow at a CAGR of 15.7% from 2024 to 2030.

Key Utility Poles Company Insights

Some of the key players operating in the market include Tata Power, Nov Inc, SAE Towers, Nippon Steel Corporation, KEC International Ltd.

Tata Steel's diverse product portfolio caters to multiple market segments. The company offers a wide range of steel products, including hot and cold rolled coils and sheets, galvanized sheets, tubes, wires, and construction rebars for various applications in the automotive, construction, consumer goods, and engineering industries, demonstrating the company's versatility in meeting global steel demands.

NOV Inc. (formerly known as National Oilwell Varco) provides equipment and components used in oil & gas drilling and production operations, oilfield services, and supply chain integration services to the upstream oil & gas industry. The company is committed to innovation and technological advancement. The company invests aggressively in research and development to improve the performance and durability of its products. The company’s commitment to sustainability and innovation is evident in its efforts to improve the environmental footprint of its products.

New Forests Company, Lishu Steel Co. Ltd, and Omega Company are some of the emerging market participants in the utility poles market.

New Forests Company specializes in the manufacturing and supply of transmission poles across East and Southern Africa. The company’s customer base includes national electricity utilities, government agencies, municipalities, and turnkey operators.

Lishu Steel Co.Ltd’s product portfolio showcases a diverse range of utility poles crafted from various materials, including steel, concrete, and innovative composite materials, thereby ensuring that the company can meet the specific needs of its global clientele, providing solutions that cater to different environmental conditions, load requirements, and aesthetic preferences.

Key Utility Poles Companies:

The following are the leading companies in the utility poles market. These companies collectively hold the largest market share and dictate industry trends.

Al-Babtain Power & Telecom

American Timber and Steel

Bell Lumber & Pole

Energya Steel-KSA

Europoles Middle East LLC

Frank R. Close & Son, Inc.

NATIONAL COMPANY FOR GALVANIZING AND STEEL POLES (GALVANCO)

George Scott (Geo Stott)

HAS Engineering LLC

Hidada

Metrosmart International Trading & Contracting W.L.L.

New Forests Company

NOV Inc.

Omega Company for Luminaries, Poles & Galvanizing

ORBIX INTERNATIONAL LLC

R&B Timber Group

Stella-Jones

Techno Pole Industries LLC

Valmont Industries, Inc.

SAE Towers

Skipper Limited

Nanjing Daji Tower Manufacturing Co., Ltd.

KEC International Inc.

Lishu Steel Co., Ltd

Nippon Steel Corporation

Qingdao Mingzhu Steel Structure Co., Ltd.

Jiangsu Guohua Tube Tower Manufacturer Co. Ltd.

Tata Steel

Kalpataru Projects International Ltd.

Jyoti Structures Limited

Sabre Industries, Inc.

Foresite Group LLC

Nanjing Tuopeng Construction Technology Co., Ltd

Recent Developments

In February 2024, Bell Lumber & Pole acquired a pole peeling facility and wood concentration yard located in Newport in the U.S. state of Maine from Prentiss & Carlisle, a forest resource management and timberland services company. The company’s customers in the Northeast region would enjoy even more direct access to local pole fiber as a result of the deal.

In February 2024, Skipper Limited received a contract worth USD 88.55 million (INR 7.37 billion) for the design, supply, and construction of a 765 kV Transmission Line Project for Power Grid Corporation of India Limited.

In January 2023, Nippon Steel Corporation collaborated with Mitsubishi Corporation and ExxonMobil Asia Pacific Pte. Ltd. to jointly study Carbon Capture and Storage (CCS) and establish potential CCS value chains in Asia Pacific.

Order a free sample PDF of the Utility Poles Market Intelligence Study, published by Grand View Research.

[bhavanameti]

Galvanized Steel Market Forecast to Reach $216.2 Billion by 2031

Meticulous Research®—a leading global market research company, published a research report titled, ‘Galvanized Steel Market by Product Type (Hot-dipped Galvanized Steel, Electro-galvanized Steel), Application (Building and Construction, Automotive, White Goods, Shipbuilding, Other Applications), and Geography - Global Forecast to 2031.’

According to a recent report by Meticulous Research, the galvanized steel market is projected to reach $216.2 billion by 2031, growing at a compound annual growth rate (CAGR) of 9.9% from 2024 to 2031. In terms of volume, the market is expected to reach 240.8 million tons by 2031, with a CAGR of 9.2% during the same period. This growth is primarily driven by increasing infrastructure investments and rising demand in the construction industry. However, market growth may be hindered by the volatility in raw material prices and stringent regulatory compliance and standards.

Technological advancements in the manufacturing process of galvanized steel are anticipated to offer growth opportunities. Nevertheless, high manufacturing costs remain a significant challenge for the market.

Market Segmentation and Key Insights

Product Type

The galvanized steel market is segmented into:

Hot-dipped galvanized steel:

Hot-dipped zinc coated galvanized steel

Hot-dipped aluminum coated galvanized steel

Hot-dipped Sn-zinc coated galvanized steel

Hot-dipped zinc-magnesium-aluminum alloy coated galvanized steel

Hot-dipped zinc-aluminum-silicon alloy coated galvanized steel

Hot-dipped zinc-aluminum-magnesium-silicon alloy coated galvanized steel

Electro-galvanized steel:

Electrolytic zinc-coated galvanized steel

Electrolytic zinc-nickel alloy-coated galvanized steel

Electrolytic nickel-coated galvanized steel

Electrolytic zinc-Sn-nickel alloy-coated galvanized steel

Electrolytic phosphate-treated galvanized steel

In 2024, hot-dipped galvanized steel is expected to dominate the market, accounting for over 75.0% of the share. This is due to its environmental and economic benefits, such as durability, corrosion resistance, and low maintenance costs. This segment is also projected to register the highest CAGR during the forecast period.

Application

The market is segmented by application into:

Building and construction: trusses, roofs, frames, exterior walls, interior walls, pipes and ducts, purlins, decking, and other applications.

Shipbuilding

Automotive

White goods: refrigerators, washing machines, air-conditioning units, microwave ovens, and other appliances.

Other appliances: electrical transmission towers, telecom towers, steel furniture, office equipment, and miscellaneous applications.

In 2024, the building and construction segment is expected to lead with over 45.0% market share, driven by the material’s cost-effectiveness, low maintenance, and durability. The white goods segment is expected to register the highest CAGR due to the substantial use of galvanized steel in manufacturing these products.

Regional Insights

The market is geographically segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. In 2024, Asia-Pacific is anticipated to hold the largest market share at over 47.0%. This region’s rapid industrialization and urbanization, particularly in China, India, and Southeast Asia, are driving the demand for galvanized steel in various infrastructure and construction projects. The automotive sector also contributes significantly to market growth in this region. The Asia-Pacific market is projected to register the highest CAGR of 11.5% during the forecast period.

Key Market Players

Major players in the galvanized steel market include:

ArcelorMittal S.A. (Luxembourg), POSCO (South Korea), Nippon Steel Corporation (Japan), JFE Holdings, Inc. (Japan), ThyssenKrupp AG (Germany), NS Bluescope Steel Limited (Australia), JTL Infra Ltd. (India), Hesteel Group Company Limited (China), Hyundai Steel Co., Ltd (South Korea), Dongkuk Steel Group (South Korea), NLMK Group (Russia), Tata Steel Limited (India), FIW Steel Sdn. Bhd. (Malaysia), Anshan Iron and Steel Group Corporation (China), Galvaco Industries Sdn. Bhd. (Malaysia)

Recent Developments

Notable developments include:

Nippon Steel Corporation and ArcelorMittal S.A. announced a $1.1 billion investment to build advanced steel processing lines in India.

POSCO started constructing a plant in China to produce galvanized steel sheets for the automotive industry, with a capacity of 900,000 tons annually.

Download Sample Report Here @ https://www.meticulousresearch.com/download-sample-report/cp_id=5846

Key Questions Answered in the Report:

What are the high-growth market segments in terms of product type and application?

What is the historical market size for the galvanized steel market?

What are the market forecasts and estimates for 2024–2031?

What are the major drivers, restraints, opportunities, challenges, and trends in the galvanized steel market?

Who are the major players in the galvanized steel market, and what are their market shares?

What is the competitive landscape like?

What are the recent developments in the galvanized steel market?

What are the different strategies adopted by major market players?

What are the trends and high-growth countries?

Who are the local emerging players in the galvanized steel market, and how do they compete with other players?

Contact Us: Meticulous Research® Email- sales@meticulousresearch.com Contact Sales- +1-646-781-8004 Connect with us on LinkedIn- https://www.linkedin.com/company/meticulous-research  

[charcherry-weekly]

Charcherry Weekly - Issue 202

Hello everyone, Mage of Light Nick Card here. The spark is lit and things are up and running again. Let's go!

Neo Alternian Recap

According to recent reports, there's been a lot going on over on Neo Alternia. First of all, the Scarab City election registration has been delayed due to confusion, largely regarding the format of the forms. Once this is clarified and the expected figures get through the paperwork, this process will progress forwards. However, for now, a date has yet to be set for any of these milestones.

Meanwhile, the Neo Alternia Broadcasting Committee has been established, for the purpose of providing and facilitating for high quality television programming, including both news and entertainment in its expected scope. On monday, NABC News performed a test broadcast, which was regarded as being sloppily anchored, but otherwise managed to deliver news as expected for a few minutes. It was later discovered that the broadcast had been interrupted due to the transmission tower getting caught on fire, apparently via pyrokinetic sabotage. It is currently unclear what the motive was aside from most likely mischief, but work is being done to repair the tower. In the meantime, NABC will primarily broadcast its programming online.

In other news, there has been a voiced desire from New Alternian citizens for a unique justice system that is neither old Alternian or Korosian. It is unknown how long it would take for such a system to be written, established, accepted, and implemented. This puts into question when the trial against the one accused of the (brief) assassination of Her Enigmatic Resiliency will occur.

Thanks Obama...?

Rather recently, a caravan of merchants from Penderland have arrived in Desertia Town to sell their wares. Reportedly, they were summoned here at the request of Former US President Barack Obama, who had sent a party of seals (the navy kind) to seek them out months ago. As a result, there is now a wide variety of chao eggs, fruit, seeds, and other items imported from that far away land. This would be the perfect chance to seek much needed supplies for your current or desired chao.

Classified ads

I am looking for anyone interested in teaming with me in Dawnsring’s Light League.

Also, I’ve got a 1M credit bounty for some proper fighter/team branding if anyone does that kind of contract work. Contact spiritoftheHunt for details.

Seeking experts in running elections, as well as business auditors willing to work with trainee auditors. Please contact +A437 in Neo Alternia if you are interested.

Chao babysitter wanted! Must be good with young children! Please contact a chao parent (most likely one from Desertia town) if you are interested.

Do you want an ad here? Contact lavenderSiren to get an ad for whatever. If you don’t write it yourself, you risk the newsletter writer writing it instead, do be warned.

This week’s known market stands in Desertia Town:

DTA train ticket stand

Katie’s potion stand (Not available to plitlanders due to regulations, available to all others however)

shinyjiggly pokesnacks stand

Chao caravan stand: - chao eggs - circle fruit - triangle fruit - square fruit - circle sapling - triangle sapling - square sapling - vitality mushroom - swimming floaties - mini training weights - small sweatbands - picture books - wooden blocks - fuzzy beanie - pumpkin helmet

I think that covers most of it. I've been busy working on left beef chapter 3 lately, though its been largely slow until Brae and her adopted child took off for Earth-c, shortly after summer vacation kicked off over here. Hopefully this boost of inspiration form the knowledge that something important is going on is enough to let me finish part one by the end of the month. https://letssosl.boards.net/thread/439/charcherry-weekly-issue-202

[juliamark]

Harnessing the Wind: Exploring the Thriving Market of Wind Power Parks

In the pursuit of sustainable energy sources, wind power has emerged as a frontrunner in the global energy landscape. Wind power parks, also known as wind farms or wind energy facilities, have become increasingly prevalent as nations seek to reduce their reliance on fossil fuels and mitigate the effects of climate change. This article delves into the burgeoning market of wind power parks, examining its growth drivers, technological advancements, economic implications, and future prospects.

Growth Drivers: The proliferation of wind power parks can be attributed to several key factors. Firstly, the pressing need to combat climate change has prompted governments worldwide to incentivize renewable energy projects through subsidies, tax incentives, and favorable regulatory frameworks. Additionally, advancements in wind turbine technology, such as taller towers, longer blades, and more efficient turbines, have significantly increased the efficiency and output of wind power parks, making them increasingly competitive with conventional energy sources.

Moreover, the declining cost of wind energy generation has bolstered the attractiveness of wind power parks as an investment opportunity. With economies of scale, improved manufacturing processes, and streamlined installation procedures, the levelized cost of electricity (LCOE) from wind power has witnessed a significant decline, making it increasingly cost-competitive with fossil fuels.

Gate Full Report: https://www.econmarketresearch.com/industry-report/wind-power-parks-market/

Technological Advancements: The evolution of wind turbine technology has been a driving force behind the expansion of wind power parks. Modern wind turbines are equipped with advanced features such as variable-speed operation, pitch control, and grid integration capabilities, allowing for optimized performance and enhanced grid stability. Furthermore, the advent of offshore wind farms has unlocked vast expanses of untapped wind energy resources, particularly in regions with strong offshore winds.

Innovations in materials science and aerodynamics have also played a pivotal role in improving the efficiency and reliability of wind turbines. Composite materials, such as carbon fiber and fiberglass, have replaced traditional materials like steel, enabling lighter and more durable turbine components. Additionally, sophisticated control systems and predictive maintenance algorithms have minimized downtime and maximized energy production, ensuring the operational viability of wind power parks.

Economic Implications: The economic impact of wind power parks extends beyond mere energy generation, encompassing job creation, local development, and infrastructure investments. The construction and operation of wind farms require a diverse workforce, ranging from engineers and technicians to construction workers and project managers, thereby stimulating employment opportunities in rural and coastal communities.

Furthermore, wind power projects often entail substantial investments in infrastructure, including transmission lines, substations, and access roads, which contribute to local economic development and improve regional connectivity. Additionally, the leasing of land for wind turbine installations provides landowners with a stable source of income, fostering rural livelihoods and supporting agricultural communities.

From a macroeconomic perspective, the transition towards renewable energy, including wind power, can enhance energy security, reduce trade deficits associated with fossil fuel imports, and mitigate the volatility of energy prices. Moreover, the diversification of the energy mix through the deployment of wind power parks can enhance energy resilience and mitigate the risks associated with overreliance on a single energy source.

Future Prospects: Looking ahead, the future of the wind power parks market appears promising, driven by technological innovation, policy support, and growing environmental consciousness. As countries strive to achieve their climate targets outlined in the Paris Agreement, the deployment of wind energy infrastructure is expected to accelerate, with offshore wind playing an increasingly prominent role.

The continued advancement of wind turbine technology, coupled with ongoing research and development efforts, holds the potential to further reduce the cost of wind energy generation and enhance its competitiveness relative to conventional energy sources. Moreover, the integration of renewable energy systems with energy storage technologies, such as batteries and pumped hydro storage, can address intermittency issues associated with wind power, thereby facilitating its seamless integration into the grid.

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[globalinsightsservices]

Overhead Line Product Market Introducing New Industry Dynamics Through Swot Analysis [2024 – 2033]

Market Definition

Overhead line product is a specialized type of product used in the construction and maintenance of overhead power lines. This type of product is designed to be used in the installation and maintenance of overhead power lines. This type of product includes a variety of components such as insulators, conductors, cross arms, poles, brackets, and other accessories.

The insulators are used to keep the electricity from flowing to the ground, while the conductors are used to transfer electricity from one point to another. The cross arms are used to support the conductors and the poles are used to mount the insulators and other accessories. The brackets are used to mount the poles to the ground.

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Market Dynamics

Overhead line product technology is constantly evolving and developing to meet the needs of the ever-changing energy landscape. This technology is used in the construction of overhead power lines, which are the backbone of the electrical grid. Overheadline product technology has been revolutionized by the introduction of new materials, components, and systems that enable the safe and reliable transmission and distribution of electricity.

One of the key trends in overhead line product technology is the increased use of composite materials. Composite materials are a combination of two or more materials with different physical or chemical properties. These materials can be engineered to have superior strength and flexibility, making them ideal for overhead power lines. Composite materials are also lightweight, which reduces the strain on the supporting structures. This makes them ideal for use in high-voltage lines, as it reduces the risk of line sag and power loss.

Another trend in overhead line product technology is the use of smart technologies. Smart technologies allow for more efficient control of the power lines. This includes the use of sensors and monitoring systems that can detect potential problems and take corrective action. Smart technologies also allow for remote monitoring and control of the power lines, which can help reduce downtime and improve reliability.

To Know More: www.globalinsightservices.com/reports/overhead-line-product-market/?utm_id=1014

Research Objectives

Estimates and forecast the overall market size for the total market, across product, service type, type, end-user, and region

Detailed information and key takeaways on qualitative and quantitative trends, dynamics, business framework, competitive landscape, and company profiling

Identify factors influencing market growth and challenges, opportunities, drivers, and restraints

Identify factors that could limit company participation in identified international markets to help properly calibrate market share expectations and growth rates

Trace and evaluate key development strategies like acquisitions, product launches, mergers, collaborations, business expansions, agreements, partnerships, and R&D activities

Thoroughly analyze smaller market segments strategically, focusing on their potential, individual patterns of growth, and impact on the overall market

To thoroughly outline the competitive landscape within the market, including an assessment of business and corporate strategies, aimed at monitoring and dissecting competitive advancements.

Identify the primary market participants, based on their business objectives, regional footprint, product offerings, and strategic initiatives

Request Customization: www.globalinsightservices.com/request-customization/GIS26574/?utm_id=1014

Market Segments

The market can be segmented by product type, voltage range, end-user, material, and region. By Product Type, the market can be divided into Overhead Conductors, Overhead Power Cables, Transmission Towers, Pole Structures, Insulators, and Others. By Voltage Range, the market can be divided into Low Voltage, Medium Voltage, High Voltage, Extra High Voltage, Ultra High Voltage, and Others. By End-User, the market can be divided into Power Transmission, Power Distribution, Rail Electrification, and Others. By Material, the market can be divided into Aluminum, Copper, Steel, Composite, and Others. By region, the market is divided into North America, Europe, Asia-Pacific, and the Rest of the World.

Key Player

The market includes players such as Nexans (FRA), Prysmian Group (ITA), General Cable (USA), Sumitomo Electric Industries (JPN), Encore Wire (USA), Finolex Cables (IND), KEI Industries (IND), Polycab Wires (IND), APAR Industries (IND), and Sterlite Technologies (IND), among others.

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Research Scope

Scope – Highlights, Trends, Insights. Attractiveness, Forecast

Market Sizing – Product Type, End User, Offering Type, Technology, Region, Country, Others

Market Dynamics – Market Segmentation, Demand and Supply, Bargaining Power of Buyers and Sellers, Drivers, Restraints, Opportunities, Threat Analysis, Impact Analysis, Porter 5 Forces, Ansoff Analysis, Supply Chain

Business Framework – Case Studies, Regulatory Landscape, Pricing, Policies and Regulations, New Product Launches. M&As, Recent Developments

Competitive Landscape – Market Share Analysis, Market Leaders, Emerging Players, Vendor Benchmarking, Developmental Strategy Benchmarking, PESTLE Analysis, Value Chain Analysis

Company Profiles – Overview, Business Segments, Business Performance, Product Offering, Key Developmental Strategies, SWOT Analysis

Forecast Period – 2024-2033

Base Year – 2023

Advanced Energy Market to Witness Huge Growth by 2033

Reddypatil

April 12, 2024

modify

comment

Market Definition

The Advanced Energy Market is experiencing dynamic growth as global efforts intensify to transition towards cleaner, more sustainable energy solutions. This market encompasses a diverse array of technologies and innovations aimed at optimizing energy production, storage, and consumption. Key segments include renewable energy sources such as solar, wind, and hydro power, energy storage systems, smart grids, and energy-efficient technologies. Governments, businesses, and consumers are increasingly recognizing the importance of advanced energy solutions in mitigating climate change and enhancing energy resilience.

To Know More: https://www.globalinsightservices.com/reports/advanced-energy-market

Market Outlook

The market outlook for the advanced energy sector is highly promising, reflecting a global shift towards sustainable and resilient energy solutions. As countries strive to meet ambitious climate targets, the demand for advanced energy technologies such as solar, wind, and energy storage systems is expected to surge. The declining costs of renewable energy sources, coupled with advancements in energy storage and digital technologies, are enhancing the competitiveness of advanced energy solutions. Governments worldwide are implementing supportive policies, incentives, and regulatory frameworks to accelerate the adoption of these technologies, fostering a favorable environment for market growth. Additionally, the increasing corporate focus on sustainability and environmental responsibility is driving a significant uptick in demand from businesses looking to transition to cleaner and more efficient energy sources.

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Research Objectives :

Estimates and forecast the overall market size for the total market, across product, service type, type, end-user, and region

Detailed information and key takeaways on qualitative and quantitative trends, dynamics, business framework, competitive landscape, and company profiling

Identify factors influencing market growth and challenges, opportunities, drivers and restraints

Identify factors that could limit company participation in identified international markets to help properly calibrate market share expectations and growth rates

Trace and evaluate key development strategies like acquisitions, product launches, mergers, collaborations, business expansions, agreements, partnerships, and R&D activities

Thoroughly analyze smaller market segments strategically, focusing on their potential, individual patterns of growth, and impact on the overall market

To thoroughly outline the competitive landscape within the market, including an assessment of business and corporate strategies, aimed at monitoring and dissecting competitive advancements.

Identify the primary market participants, based on their business objectives, regional footprint, product offerings, and strategic initiatives

Request Customization:  https://www.globalinsightservices.com/request-customization/GIS24821

Market Segmentation

The advanced energy market exhibits diverse segmentation based on the wide array of technologies and solutions it encompasses. One key segmentation is by energy source, encompassing renewable sources like solar, wind, hydro, and geothermal energy, along with emerging technologies such as advanced nuclear power. Energy storage systems, including batteries and other innovative storage solutions, form another significant segment, addressing the need for efficient energy management and grid stability. Additionally, the market can be segmented based on end-use sectors, such as residential, commercial, industrial, and transportation, each with unique energy requirements and technological solutions.

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Major Players

The key players in the Global Advanced Energy Market  Ford Motor Company (US), ENN energy holdings ltd. (China), Clean Energy Fuels Corp. (US), Cummins, Inc. (US) Shell PLC (UK), Advanced Energy Industries, Inc. (UK), alstom (France), Shneider Electric (France), Siemens (Germany), Itron, Inc. (US)

Drug Eluting Stent Market to Witness Significant Incremental Opportunity Through 2033 - LinkeWire

linkewire.com

April 10, 2024

comment

Market Definition

A drug-eluting stent (DES) is a type of stent that is placed in the body to help keep blood vessels open. It is coated with a medication that is slowly released over time to help prevent the formation of scar tissue, which can lead to a blockage of the vessel. The drug-eluting stent is most often used in the coronary arteries to help treat coronary artery disease (CAD).

Market Dynamics

The first trend is the development of biodegradable polymer stents. Traditional DES are made from stainless steel and are coated with a polymer and a drug. This polymer is designed to slowly release the drug over time, allowing for sustained therapeutic action. However, these polymers can remain in the body for long periods, which can cause inflammation and an increased risk of thrombosis. Biodegradable polymer stents are designed to dissolve over time, allowing for the drug to be released and then removed from the body. These stents are thought to be safer and more effective than traditional DES.

Further, the development of drug/polymer combinations. Traditional DES uses a single drug and polymer, but new devices are being developed that combine multiple drugs and polymers. This allows for the release of multiple drugs with different therapeutic effects, allowing for better control of the therapeutic action. This is especially important for complex coronary artery lesions, where multiple drugs may be needed to achieve optimal results.

To Know More: ww‌w.globalin‌sightservi‌ces.com/re‌ports/drug‌-eluting-s‌tent-market/

Research Objectives

Estimates and forecast the overall market size for the total market, across product, service type, type, end-user, and region

Detailed information and key takeaways on qualitative and quantitative trends, dynamics, business framework, competitive landscape, and company profiling

Identify factors influencing market growth and challenges, opportunities, drivers, and restraints

Identify factors that could limit company participation in identified international markets to help properly calibrate market share expectations and growth rates

Trace and evaluate key development strategies like acquisitions, product launches, mergers, collaborations, business expansions, agreements, partnerships, and R&D activities

Thoroughly analyze smaller market segments strategically, focusing on their potential, individual patterns of growth, and impact on the overall market

To thoroughly outline the competitive landscape within the market, including an assessment of business and corporate strategies, aimed at monitoring and dissecting competitive advancements.

Identify the primary market participants, based on their business objectives, regional footprint, product offerings, and strategic initiatives

Request Sample: ww‌w.globalin‌sightservi‌ces.com/re‌quest-samp‌le/GIS26141/

Market Segments

The market can be segmented by type, scaffold, drug, end user, and region. By Type, the market can be divided into Coronary Stenting and Peripheral Stenting. By Scaffold, the market can be divided into cobalt-chromium, Platinum-Chromium, Nitinol, and Others. By Drug, the market can be divided into Sirolimus, Paclitaxel, Zotarolimus, Everolimus, and Others. By End User, the market can be divided into Hospitals and Specialty Clinics. By region, the market is divided into North America, Europe, Asia-Pacific, and the Rest of the World.

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Key Player

The market includes players such as Abbott Laboratories (United States), Boston Scientific Corporation (United States), Terumo Corporation (JP), Medtronic plc (IE), Biosensors International (SG), Cook Medical (United States), B. Braun (DE), Biotronik (DE), Lepu Medical Technology (CN)

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Research Scope

Scope – Highlights, Trends, Insights. Attractiveness, Forecast

Market Sizing – Product Type, End User, Offering Type, Technology, Region, Country, Others

Market Dynamics – Market Segmentation, Demand and Supply, Bargaining Power of Buyers and Sellers, Drivers, Restraints, Opportunities, Threat Analysis, Impact Analysis, Porter 5 Forces, Ansoff Analysis, Supply Chain

Business Framework – Case Studies, Regulatory Landscape, Pricing, Policies and Regulations, New Product Launches. M&As, Recent Developments

Competitive Landscape – Market Share Analysis, Market Leaders, Emerging Players, Vendor Benchmarking, Developmental Strategy Benchmarking, PESTLE Analysis, Value Chain Analysis

Company Profiles – Overview, Business Segments, Business Performance, Product Offering, Key Developmental Strategies, SWOT Analysis

Forecast Period – 2024-2033

Base Year – 2023

Buy your copy here: ww‌w.globalin‌sightservi‌ces.com/ch‌eckout/sin‌gle_user/GIS26141/

With Global Insight Services, you receive:

10-year forecast to help you make strategic decisions

In-depth segmentation which can be customized as per your requirements

Free consultation with the lead analyst of the report

Infographic Excel data pack, easy to analyze big data

Robust and transparent research methodology

Unmatched data quality and after-sales service

About Global Insight Services:

Global Insight Services (GIS) is a leading multi-industry market research firm headquartered in Delaware, US. We are committed to providing our clients with the highest quality data, analysis, and tools to meet all their market research needs. With GIS, you can be assured of the quality of the deliverables, robust & transparent research methodology, and superior service.

Contact Us:

Global Insight Services LLC  16192, Coastal Highway, Lewes DE 19958  E-mail: [email protected]  Phone: +1-833-761-1700  Website: ww‌w.globalin‌sightservices.com/

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Steel Utility Poles, Global Market Size Forecast, Top 10 Players Rank and Market Share

Steel Utility Poles Market Summary

According to the new market research report "Global Steel Utility Poles Market Report 2023-2029", published by QYResearch, the global Steel Utility Poles market size is projected to grow from USD 886 million in 2023 to USD 1295 million by 2029, at a CAGR of 6.53% during the forecast period.

Figure.   Global Steel Utility Poles Market Size (US$ Million), 2018-2029

Above data is based on report from QYResearch: Global Steel Utility Poles Market Report 2023-2029 (published in 2023). If you need the latest data, plaese contact QYResearch.

Figure.   Global Steel Utility Poles Top 10 Players Ranking and Market Share (Ranking is based on the revenue of 2022, continually updated)

Above data is based on report from QYResearch: Global Steel Utility Poles Market Report 2023-2029 (published in 2023). If you need the latest data, plaese contact QYResearch.

According to QYResearch Top Players Research Center, the global key manufacturers of @@@@ include Valmont Industries, TAPP, Meyer Utility Structures, DAJI Towers, KEC International, Fengfan Power, Al-Babtain, Pelco Structural, Dingli, Hidada, etc. In 2022, the global top 10 players had a share approximately 74.0% in terms of revenue.

Figure.   Steel Utility Poles, Global Market Size, Split by Product Segment

Based on or includes research from QYResearch: Global Steel Utility Poles Market Report 2023-2029.

In terms of product type, Less than 40ft is the largest segment, hold a share of 67%.

Figure.   Steel Utility Poles, Global Market Size, Split by Application Segment

Based on or includes research from QYResearch: Global Steel Utility Poles Market Report 2023-2029.

In terms of product application, Transmission Lines is the largest application, hold a share of 75%.

Figure.   Steel Utility Poles, Global Market Size, Split by Region (Production)

Based on or includes research from QYResearch: Global Steel Utility Poles Market Report 2023-2029.

Figure.   Steel Utility Poles, Global Market Size, Split by Region

Based on or includes research from QYResearch: Global Steel Utility Poles Market Report 2023-2029.

Market Drivers:

Durability and longevity: Steel utility poles offer superior durability and longevity compared to traditional wooden poles. They are resistant to rot, decay, termites, and other environmental factors, making them ideal for use in harsh or corrosive environments. The long lifespan of steel utility poles reduces the need for frequent replacements, resulting in cost savings for utilities and infrastructure developers over the long term.

Increased infrastructure spending: Government initiatives and infrastructure investment programs aimed at modernizing and upgrading electrical transmission and distribution networks drive the demand for steel utility poles. Investments in grid modernization, electrification projects, and renewable energy integration require the installation of robust and reliable infrastructure, including steel poles, to support the transmission and distribution of electricity.

Rising demand for electricity: The growing global demand for electricity, driven by population growth, urbanization, industrialization, and technological advancements, fuels the need for expanding and upgrading electrical infrastructure. Steel utility poles play a vital role in supporting overhead power lines for the transmission and distribution of electricity from power plants to end-users, including residential, commercial, and industrial consumers.

Opportunity:

Infrastructure Development: With increasing urbanization and industrialization, there's a continuous need for expanding and upgrading power transmission and distribution infrastructure. Steel utility poles provide a durable and reliable solution for supporting overhead power lines in both urban and rural areas. The ongoing infrastructure development projects, especially in emerging economies, present significant opportunities for steel utility pole manufacturers.

Resilience and Safety: Steel utility poles offer advantages in terms of resilience and safety compared to traditional wooden poles. They are more resistant to environmental factors such as fire, rot, and termite infestation, making them suitable for use in areas prone to natural disasters. As utilities prioritize resilient infrastructure to withstand extreme weather events and enhance grid reliability, the demand for steel utility poles is expected to increase.

Regulatory Requirements: Regulatory standards and environmental regulations concerning the utility sector are becoming increasingly stringent, necessitating the adoption of materials and structures that meet specific safety and performance criteria. Steel utility poles comply with these standards and regulations, offering utilities a reliable solution to meet their regulatory requirements. Manufacturers can capitalize on this demand by providing compliant steel utility poles and related products.

About The Authors

Wupan-Lead Author

E-mail：wupan@qyresearch.com

About QYResearch

QYResearch founded in California, USA in 2007.It is a leading global market research and consulting company. With over 16 years’ experience and professional research team in various cities over the world QY Research focuses on management consulting, database and seminar services, IPO consulting, industry chain research and customized research to help our clients in providing non-linear revenue model and make them successful. We are globally recognized for our expansive portfolio of services, good corporate citizenship, and our strong commitment to sustainability. Up to now, we have cooperated with more than 60,000 clients across five continents. Let’s work closely with you and build a bold and better future.

QYResearch is a world-renowned large-scale consulting company. The industry covers various high-tech industry chain market segments, spanning the semiconductor industry chain (semiconductor equipment and parts, semiconductor materials, ICs, Foundry, packaging and testing, discrete devices, sensors, optoelectronic devices), photovoltaic industry chain (equipment, cells, modules, auxiliary material brackets, inverters, power station terminals), new energy automobile industry chain (batteries and materials, auto parts, batteries, motors, electronic control, automotive semiconductors, etc.), communication industry chain (communication system equipment, terminal equipment, electronic components, RF front-end, optical modules, 4G/5G/6G, broadband, IoT, digital economy, AI), advanced materials industry Chain (metal materials, polymer materials, ceramic materials, nano materials, etc.), machinery manufacturing industry chain (CNC machine tools, construction machinery, electrical machinery, 3C automation, industrial robots, lasers, industrial control, drones), food, beverages and pharmaceuticals, medical equipment, agriculture, etc.