Industry Analysis & Industry Trends
Power surge
The Electric Transmission Line and Tower Installation industry remained resilient during the recession, because of demand for renewable energy and aging infrastructure. Despite some setbacks after the recession, the industry will face faster growth over the next five years. As the economy gains steam, local and state government will be able to invest in local transmission upgrades, fueling steady revenue growth.... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
The industry is in the mature stage of its life cycle, as evidenced by its well-established products and services and the steady nature of demand for electricity. Industry value-added (IVA) is expected to expand at an average annual rate of 4.3% in the 10 years to 2017, with US GDP anticipated to grow 1.8%. While IVA is set to grow faster than the US economy overall, significant technological change has not occurred, and the product and service is not expected to change substantially. However, some growth trends have benefited the industry and will continue to benefit operators going forward.
Demand for renewable energy, supported by favorable government incentives and programs, has heightened demand for transmission services. Mos... purchase to read more