Study shows growth from now to 2020
Aging infrastructure and increased demand for power has amplified the demand for transmission towers. In their latest report ,“The Global Market for Electricity Towers and Poles 2014 to 2020”, StatPlan Energy, specialists in the electricity sector, forecasts global demand for transmission towers will increase at a 1.6 percent compound annual growth rate (CAGR) from now to 2020.
The rate of growth does not seem dramatic when expressed as a constant financial rate of return over a specific time, but as an indication of the number of towers requested for construction, the figures are substantial. This issue’s Just the Facts presents a summary of the study’s key findings.Read the full article in our digital magazine