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Transmission Line Construction in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Transmission Line Construction Market Research Report | NAICS 23713 | May 2015

Main line: Increased demand from private electric power markets will benfit the industry

IBISWorld’s Transmission Line Construction market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Revenue
$47bn
Annual Growth 10-15
2.6%
Annual Growth 15-20
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Profit
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Employment
221,577
Businesses
5,146
Industry Analysis & Industry Trends

The Transmission Line Construction industry has performed well over the past five years, driven by an expansion in demand from private electric power companies, which is by far the industry's largest market. In the coming years, the industry is expected to grow at an even stronger rate over the five years to 2020. Demand from private electric power customers is expected to continue to expand as economic growth increases electricity demand and as power generation is increasingly shifted from coal to natural gas, requiring substantial infrastructure investment. In addition, demand from both government and private telecommunications customers is also forecast to grow, driven by improved government budgets and the need to update and expand existing telecommunications networks... purchase to read more

Industry Report - Industry SWOT Analysis Chapter

The Transmission Line Construction industry is in the mature stage of its life cycle. Industry value added (IVA), a measure of an industry's contribution to the overall economy, is expected to grow at an annualized rate of 5.4% over the ten years to 2020. In comparison, US GDP is forecast to grow at an annualized rate of 2.5% over the same period of time. IVA growth faster than that of the economy typically represents an industry in the growth stage of its life cycle. However, the Transmission Line Construction industry's strong IVA growth over this period instead is indicative of the industry's particular importance over the ten years to 2020... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Transmission Line Construction Industry?

Operators in this industry provide construction, repair, rehabilitation and maintenance work for a variety of forms of electric power and telecommunications infrastructure, including power lines, power plants, radio and television towers and cable infrastructure. Industry operators, however, do not perform construction work on hydroelectric power stations, the construction of broadcast studios or electrical maintenance work within buildings.

Industry Products
Electric power transmission infrastructure construction and repairPower plant construction and repairTelecommunications infrastructure construction and repairOther construction services
 
Industry Activities
Electric power line constructionElectric power line reconstruction and repairPower plant construction and repair, excluding hydroelectricCommunication transmission line constructionCommunication transmission line reconstruction and repairCommunication tower constructionCommunication tower reconstruction and repairRadio and TV transmission and receiving tower constructionRadio and TV transmission and receiving tower reconstruction and repairLaying communication cables


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