Industry Analysis & Industry Trends
The Transmission Line Construction industry experienced strong demand for electric power and telecommunications infrastructure construction services over the past five years. Natural gas and renewable energy facilities are replacing the lost generation capacity, and industry services have been needed to construct generation and transmission facilities. Additionally, the need for high-speed fibre-optic networks has increased, further boosting industry demand. The industry is forecast to steadily grow over the next five years due to sustained demand for infrastructure construction. Similar to the previous five years, the electric power sector will invest in generation and transmission infrastructure to meet growing energy demand and environmental regulations... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
The Transmission Line Construction industry is in the growth stage of its life cycle. Industry value added, which measure's an industry's contribution to the economy, is projected to increase at an annualized rate of 4.3% over the 10 years to 2019. Over the same period, Canada's GDP is forecast to grow at an average annual rate of 2.4%. As a result, this industry's importance to the overall economy is expanding, which indicates a growing industry.
Operators have adapted to downstream market conditions and offered new services, such as renewable energy and fibre-optic infrastructure services, according to technological developments. In particular, wind power transmission and generation facilities have been a growth area for operators... purchase to read more