Strong connection: Skyrocketing energy consumption levels has been a boon to the industry

As a result of heightened demand for transmission line construction services, industry revenue is expected to grow over the five years to 2017. Electric power distributors have also become increasingly aware of the state's rapidly rising population, which is an indicator of future energy consumption levels. IBISWorld expects demand for newly constructed energy power transmission lines, which service new residential communities and provide lighting for roads, will surge over the next five years. Strengthened demand has also resulted in higher profit margins for transmission line construction companies. Conditions are expected to stabilize over the five years to 2022, with industry revenue forecast to further increase...read more.

Industry Statistics & Market Size
Revenue
$2bn
Annual Growth 12-17
2.0%
Forecast Growth 17-22
Profit
Employment
8,908
Businesses
373
What Our Customers Say

Industry Threats & Opportunities

  • Growing demand has resulted in higher profit margins for industry operators
  • Households are among the largest consumers of electricity consumption in Florida
  • Energy producers will have to increase their output and distribution capabilities
  • Industry Report - Industry Analysis Chapter

    The Transmission Line Construction industry in Florida, which engages in the new construction, reconstruction and maintenance of electric power lines, power plant distribution systems, communication transmission lines and radio and television transmission lines, has performed well over the five years to 2017. Specifically, the industry is expected to grow at an annualized rate of 2.0% to $1.6 billion over the five-year period, including 1.4% growth in 2017. Demand has increased in recent years due to rising energy consumption levels, which has spurred investments in electric utility plant updates and expansions...purchase to read more.

    Additional Insights for the Transmission Line Construction in Florida Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Transmission Line Construction in Florida Industry are

  • Ability to compete on tender
  • Having a good reputation
  • Ability to quickly adopt new technology
  • IBISWorld analysts also discuss how external factors such as Electric power consumption and Local and state government expenditure in Florida in the Transmission Line Construction in Florida industry impact industry performance..

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    What is the Transmission Line Construction in Florida 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
  • New transmission line construction and servicing
  • Transmission line expansion or reconstruction
  • Telecommunication line maintenance and repair
  • Industry Activities
  • Electric power line construction
  • Electric power line reconstruction and repair
  • Power plant construction and repair, excluding hydroelectric
  • Communication transmission line construction
  • Communication transmission line reconstruction and repair
  • Communication tower construction
  • Communication tower reconstruction and repair
  • Radio and TV transmission and receiving tower construction
  • Radio and TV transmission and receiving tower reconstruction and repair
  • Laying communication cables
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Electric power consumption
  • Local and state government expenditure in Florida
  • Population of Florida
  • Yield on 10-year Treasury note

  • Current Performance
  • Investment in utility infrastructure expansion
  • Surge in housing starts
  • Profit expansion
  • Chart: Revenue Growth

  • Industry Outlook
  • Continued infrastructure expansion efforts
  • Profitability
  • Table: Transmission Line Construction in Florida Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Transmission Line Construction in Florida Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Electric Power Transmission
  • Land Development
  • Heavy Engineering Construction
  • Cable Networks
  • Wired Telecommunications Carriers
  • VoIP
  • Telecommunications Resellers
  • Coal & Natural Gas Power
  • Nuclear Power
  • Hydroelectric Power

  • Key Selling Industries
  • Construction & Mining Equipment Wholesaling
  • Excavation Contractors
  • Glass Product Manufacturing
  • Heavy Equipment Rental
  • Manufactured Home Wholesaling
  • Metal Pipe & Tube Manufacturing
  • Plastic Pipe & Parts Manufacturing
  • Professional, Scientific and Technical Services
  • Steel Framing
  • Wire & Cable Manufacturing

  • Products & Services
  • New transmission line construction and servicing
  • Telecommunication line maintenance and repair
  • Transmission line expansion or reconstruction
  • Chart: Transmission Line Construction in Florida Industry Products and Services Segmentation

  • Major Markets
  • Private power infrastructure markets
  • Private telecommunications
  • Government
  • Chart: Major Market Segmentation for the Transmission Line Construction in Florida Industry

  • Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Wages
  • Purchases
  • Other costs
  • Chart: Cost Structure Benchmarking – Sector vs Transmission Line Construction in Florida

  • Basis of Competition
  • Internal competition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Transmission Line Construction in Florida Industry

  • Black & VeatchBurns & McDonnellFerreira Construction Co. Inc.Granite Construction Inc.
  • Table: Black & Veatch - financial performance
  • Table: Burns & McDonnell - financial performance
  • Table: Ferreira Construction Co. Inc. - financial performance
  • Table: Granite Construction Inc. - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Transmission Line Construction in Florida Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Transmission Line Construction in Florida Industry
    Includes:
  • Industry Revenue (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Wages (2008-2022)
  • Population (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Cherry Picker
  • A crane with a platform attached at its top, used to raise and lower workers.
  • Excavator
  • A piece of heavy construction equipment with a shovel or bucket attached to its front. Used to dig and move earth and other materials.
  • Tendering
  • A written offer or bid to contract goods or services at a specified cost or rate.
  • Transmission Line
  • Cables and utility lines used to transmit electricity, data, voice, and video services.
  • Why buy this report?

    The Transmission Line Construction in Florida industry market report contains data and analysis of the most influential current and future trends shaping the industry. IBISWorld’s in-depth industry market research is presented in a logical, user-friendly format, and provides growth and profit forecasts for a five-year outlook period.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Transmission Line Construction in Florida:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Transmission Line Construction in Florida market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Transmission Line Construction in Florida, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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