U.S. power transmission lines & towers market size is anticipated to exceed over USD 1 billion by 2024.

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Power Transmission Lines Towers Market Outlook
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Global Market Scenario of String Inverter
Industry

• Power Transmission Lines Towers Market size is
  set to exceed USD 25 billion by 2024, according
  to a new research report by Global Market
  Insights, Inc.
• Growing investments towards renovation and
  modernization of electric grid coupled with
  increasing demand for safe and reliable
  electricity supply will stimulate the power
  transmission lines towers market share over the
  forecast timeframe.
• In 2017, U.S. based PJM Interconnection
  electricity utility announced the spend USD 1.5
  billion to upgrade aging gridline between Midwest
  to Northeast with advance security systems.
• European countries including UK, Russia, France
  and Germany are also making significant
  investments towards the upgradation of their
  conventional electric grid architecture.

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Continued...

• Growing adoption of clean energy including solar,
  wind, and small hydro has significantly increased
  the demand for microgrid networks which in turn
  will positively influence the power transmission
  lines towers market.
• In 2015, Government of India has announced to
  fund over USD 6 billion for the development of
  separate lines for transmitting green electricity
  to end consumer.
• Power transmission lines towers market from
  ultra high tension is set to witness growth over
  9 by 2024. Rising investments to transmit
  generated electricity over long distance will
  embellish business growth. In 2016, Government of
  China announced spend over USD 85 billion towards
  the development of new UHT structures over the
  next four years.

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Global Power Transmission Lines Towers Market,
By Voltage, 2013 - 2024 (USD Million)

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Browse Full Market Research Report On Power
Transmission Lines Towers Market _at_
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http//bit.ly/2ppalud Request for a sample
of this research report _at_ http//bit.ly/2oU1ReA
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360 Analysis

• By Product
• Market value for high tension power transmission
  lines towers 2015 was over USD 7 billion.
  Measures towards integration of small state grid
  infrastructures with the national grids will
  augment the business size over the forecast time.
  Extra high tension is anticipated to witness
  substantial growth of over 6 by 2024.
• Regional Trends
• The U.S. power transmission lines towers market
  share is expected to witness growth over 4 by
  2024. Numerous initiatives to reduce the line
  losses will propel the industry size.
• For Europe, UK power transmission lines towers
  market share is anticipated to grow over 5 from
  2016 to 2024. Rising focus towards grid
  integration of renewable energy sources will
  complement the business growth.
• China power transmission lines towers market is
  set to exceed USD 7 billion by 2024. In 2015,
  Government of China announced USD 315 billion in
  line of its grid enhancement program.

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