PUBLISHER: The Business Research Company | PRODUCT CODE: 1678266
PUBLISHER: The Business Research Company | PRODUCT CODE: 1678266
The construction of power and communication lines, along with related structures, focuses on building power lines, towers, power plants, and transmitting and receiving towers for radio, television, and telecommunications. Power lines serve the dual purpose of transmitting both power and data through existing infrastructure.
In power and communication line and related structures construction, the main offerings encompass hardware, software, and services. Hardware includes the physical components of a computer, such as the motherboard, CPU, memory, storage drives, and other devices. Software consists of programs that provide instructions for computer operations and are supported by the hardware. Modulation techniques involve single carrier modulation, multi-carrier modulation, and spread spectrum modulation for narrowband (3 KHz to 500 KHz) and broadband (greater than 500 KHz) frequencies used across industrial, commercial, and residential sectors.
The power and communication line and related structures construction market research report is one of a series of new reports from The Business Research Company that provides power and communication line and related structures construction market statistics, including power and communication line and related structures construction industry global market size, regional shares, competitors with a power and communication line and related structures construction market share, detailed power and communication line and related structures construction market segments, market trends, and opportunities, and any further data you may need to thrive in the power and communication line and related structures construction industry. This power and communication line and related structures construction market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The power and communication line and related structures construction market size has grown steadily in recent years. It will grow from $323.17 billion in 2024 to $335.42 billion in 2025 at a compound annual growth rate (CAGR) of 3.8%. The growth in the historic period can be attributed to infrastructure development, urbanization trends, regulatory policies, economic growth, global connectivity.
The power and communication line and related structures construction market size is expected to see steady growth in the next few years. It will grow to $395.07 billion in 2029 at a compound annual growth rate (CAGR) of 4.2%. The growth in the forecast period can be attributed to renewable energy integration, smart city initiatives, government investments, climate resilience, cybersecurity concerns. Major trends in the forecast period include smart grid technology, infrastructure modernization, 5G network expansion, government initiatives and regulations, automation and robotics.
The rising demand for smart grid systems is anticipated to drive the growth of the power and communication line construction market and related structures in the future. A smart grid is an electricity network that utilizes digital and advanced technologies to monitor and manage the flow of electricity from various generation sources to meet the diverse needs of end users. Smart grids facilitate the construction of power and communication lines and associated structures, enabling improved understanding of communication requirements through traffic control and modeling. For example, in July 2024, the International Energy Agency, a France-based intergovernmental organization, reported that the share of smart grid innovations increased to 13% in 2022, aligning with the trajectory set out in its Net Zero by 2050 scenario. Thus, the growing demand for smart grids is fueling the expansion of the power and communication line construction market and related structures.
The factor contributing to the market's growth is the rising demand for renewable energy. The increasing adoption of sustainable energy sources, including solar, wind, hydro, and geothermal, necessitates the construction of new power lines and related structures to integrate and distribute clean energy within the existing grid. For instance, in the third quarter of 2023, the Department for Energy Security and Net Zero reported a record-high renewable electricity generation of 30.1 terawatt-hours in the UK, marking a 6.8% increase from the same period in 2022. This escalating demand for renewable energy sources is a key driver fueling the expansion of the power and communication line and related structures construction market.
The power and communication line construction sector are witnessing a surge in the adoption of product innovation as a prominent trend. Leading companies in this industry are actively engaged in developing cutting-edge solutions to solidify their market presence. An illustration of this trend is seen in the actions of Qualcomm Technologies, Inc., a US-based multinational corporation, which unveiled the QCA7006AQ, a power line communication (PLC) device specifically designed to meet the communication needs of electric vehicle (EV) charging stations, also known as electric vehicle supply equipment (EVSE), supporting V2G. Notably, the QCA7006AQ boasts special features enabling HomePlug Audio Video (HPAV) streaming at PHY rates exceeding 200 Mbps, facilitating a wired data connection to the cloud via the charging station.
Leading companies in the power and communication line construction market are concentrating on strategic investments to foster innovation, improve operational efficiency, and address the rising demand for dependable infrastructure. These strategic investments not only enhance operational efficiency but also promote innovation through advanced technologies, enabling firms to meet increasing infrastructure requirements while ensuring sustainability and competitiveness. For example, in July 2023, Sterlite Power, an integrated power transmission developer based in India, secured several new contracts totaling around INR 1,400 crores ($166.6 million) for the construction of 220kV double circuit transmission lines for Serentica Renewables. This initiative aims to improve the evacuation of renewable energy from solar and wind parks in India, highlighting the company's dedication to modernizing power infrastructure and incorporating renewable energy into the national grid.
In December 2023, ClearlyIP Inc., a US-based provider of innovative communication solutions, completed the acquisition of Voneto's EPlatform, an advanced PBX system, for an undisclosed amount. This strategic move underscores ClearlyIP's commitment to delivering exceptional communication solutions and expands its product range to align with the evolving needs of global businesses. Voneto LLC is a Belgium-based provider of unified communications solutions.
Major companies operating in the power and communication line and related structures construction market include Hitachi Ltd., General Electric, Nippon Steel & Sumitomo Metal Corporation, Nisshin Steel Co Ltd., JFE Steel Corporation, Schneider Electric SE, Mitsubishi Electric Corporation, Sumitomo Electric Industries Ltd., ABB Ltd., Toshiba Corporation, Eaton Corporation plc, Kobe Steel Ltd., Infineon Technologies, Emerson Electric Co, Analog Devices Inc., AMETEK Inc., Hubbell Power Systems Inc., Westinghouse Electric Company LLC, Ducab DWC LLC, Power Plus Communications AG
Europe was the largest region in the power and communication line and related structures construction market in 2024. Asia-Pacific is expected to be the fastest-growing region in the global power and communication line and related structures construction market report during the forecast period. The regions covered in the power and communication line and related structures construction market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the power and communication line and related structures construction market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The power and communication line and related structures construction market include revenues earned by entities by constructing cellular phone towers, radio transmitting towers, co-generation plant construction, satellite receiving station, communication tower construction, and nuclear power plant. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The power and communication line and related structures construction market consists of sales of transformer, rectifier, filter, regulator circuits, hybrids and filters, master oscillators, and amplifiers. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Power And Communication Line And Related Structures Construction Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on power and communication line and related structures construction market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for power and communication line and related structures construction ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The power and communication line and related structures construction market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.