Power Transmission Tower Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The Power Transmission Tower market is segmented by Structure Type (Waist Type Tower, Guyed-V-Tower, Tubular Steel Pole, Guyed Cross-Rope Suspension Tower, Crossings), Number of Circuits (Double-Circuit, 3-Circuit, 4-Circuit), Angle of Deviation (A-Type, B-Type, C-type, D-type), and Geography (North America, Europe, Asia-Pacific, South America, and Middle-East and Africa). The report offers the market size and forecasts for Power Transmission Tower Market in USD billion for all the above segments.

Power Transmission Tower Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Power Transmission Tower Market Size

Power Transmission Tower Market Summary
Study Period 2020 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
CAGR 6.00 %
Fastest Growing Market Middle East and Africa
Largest Market Asia-Pacific
Market Concentration Low

Major Players

Power Transmission Tower Market Major Players

*Disclaimer: Major Players sorted in no particular order

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Power Transmission Tower Market Analysis

The Power Transmission Tower Market is expected to register a CAGR of greater than 6% during the forecast period.

  • Over the long term, the power transmission tower market is expected to have an elevation in the near future due to the aging power infrastructure in many countries and less access to electricity in several regions like Western and Central Africa and some South American countries.
  • On the other hand, smart technologies for grid transmission management create less need for infrastructure renovation for a long time, which makes a once-in-industry situation for transmission towers for a long time.
  • Nevertheless, the growing trend of renewable power integration at the global level places a tremendous opportunity for the power transmission tower market due to the increased demand for new power infrastructure when renewable power integration happens at a large scale. For example, India's recent global power grid project, OSOWOG (One Sun, One World, One Grid), which aims to build an interconnected global solar power grid in cooperation with Britain, places an opportunity for the demand for transmission towers.
  • Middle-East and African regions are expected to have a significant market share due to the need for high power transmission capacity, which is far less than the demand.

Power Transmission Tower Industry Overview

The power transmission tower market is fragmented. Some of the key players (in no particular order) include Skipper Limited, Ramboll Group A/S, Nanjing Daji Iron Tower Manufacturing Co. Ltd, KEC International Ltd., and Tata Power Company Limited.

Power Transmission Tower Market Leaders

  1. Skipper Limited

  2. Ramboll Group A/S

  3. Nanjing Daji Iron Tower Manufacturing Co. Ltd

  4. KEC International Ltd.

  5. Tata Power Company Limited

  6. *Disclaimer: Major Players sorted in no particular order
Power Transmission Tower Market Concentration
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Power Transmission Tower Market News

  • In September 2022, UGL Limited completed the construction of three transmission towers which were a part of the project to connect Neoen's Kaban Green Power Hub to the main electricity grid in Queensland, Australia. The company had been working to construct a 257kV switching station that connects the Hub to Powerlink Queensland's network.
  • In November 2021, the United States House of Representatives passed the USD 1.2 trillion Investment Infrastructure and Jobs Act, which also includes plans to build new power infrastructure by establishing new, resilient power transmission lines to support the expansion of renewables and clean energy.

Power Transmission Tower Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Scope of the Study
  • 1.2 Market Definition
  • 1.3 Study Assumptions

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET OVERVIEW

  • 4.1 Introduction
  • 4.2 Market Size and Demand Forecast in USD billion, till 2027
  • 4.3 Recent Trends and Developments
  • 4.4 Government Policies and Regulations
  • 4.5 Market Dynamics
    • 4.5.1 Drivers
    • 4.5.2 Restraints
  • 4.6 Supply Chain Analysis
  • 4.7 Porter's Five Forces Analysis
    • 4.7.1 Bargaining Power of Suppliers
    • 4.7.2 Bargaining Power of Consumers
    • 4.7.3 Threat of New Entrants
    • 4.7.4 Threat of Substitutes Products and Services
    • 4.7.5 Intensity of Competitive Rivalry

5. MARKET SEGMENTATION

  • 5.1 Structure Type
    • 5.1.1 Waist Type Tower
    • 5.1.2 Guyed-V-Tower
    • 5.1.3 Tubular Steel Pole
    • 5.1.4 Guyed Cross-Rope Suspension Tower
    • 5.1.5 Crossings
  • 5.2 Number of Circuits
    • 5.2.1 Double-Circuit
    • 5.2.2 3-Circuit
    • 5.2.3 4-Circuit
  • 5.3 Angle of Deviation
    • 5.3.1 A-Type
    • 5.3.2 B-Type
    • 5.3.3 C-Type
    • 5.3.4 D-Type
  • 5.4 Geography
    • 5.4.1 North America
    • 5.4.1.1 United States
    • 5.4.1.2 Canada
    • 5.4.1.3 Rest of North America
    • 5.4.2 Europe
    • 5.4.2.1 Germany
    • 5.4.2.2 Italy
    • 5.4.2.3 France
    • 5.4.2.4 United Kingdom
    • 5.4.2.5 Russian Federation
    • 5.4.2.6 Rest of Europe
    • 5.4.3 Asia-Pacific
    • 5.4.3.1 China
    • 5.4.3.2 India
    • 5.4.3.3 Japan
    • 5.4.3.4 South Korea
    • 5.4.3.5 Rest of Asia-Pacific
    • 5.4.4 South America
    • 5.4.4.1 Brazil
    • 5.4.4.2 Argentina
    • 5.4.4.3 Rest of South America
    • 5.4.5 Middle-East and Africa
    • 5.4.5.1 Saudi Arabia
    • 5.4.5.2 United Arab Emirates
    • 5.4.5.3 South Africa
    • 5.4.5.4 Rest of Middle East and Africa

6. COMPETITIVE LANDSCAPE

  • 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
  • 6.2 Strategies Adopted by Leading Players
  • 6.3 Company Profiles
    • 6.3.1 Skipper Limited
    • 6.3.2 Ramboll Group A/S
    • 6.3.3 Nanjing Daji Iron Tower Manufacturing Co. Ltd
    • 6.3.4 KEC International Ltd.
    • 6.3.5 Tata Power Company Limited
    • 6.3.6 AG & SCIMT Co. Ltd.
    • 6.3.7 Kalpatru Power Transmission Ltd.
    • 6.3.8 SAE Tower Holdings LLC
    • 6.3.9 Shah Infra Towers Ltd.
    • 6.3.10 Evergreen Metals Enterprise Ltd.
  • *List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

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Power Transmission Tower Industry Segmentation

Power transmission towers are tall steel lattice structures that are erected to support the high-voltage conductors of overhead power lines from the generating station to the source substations and satellite substations. The power transmission tower market is segmented by structure type, number of circuits, and angle of deviation. The structure type is segmented into Waist Type Tower, Guyed-V-Tower, Tubular Steel Pole, Guyed Cross-Rope Suspension Tower, and Crossings. The number of circuits is segmented into Double Circuit, 3-Circuit, and 4-Circuit, and the angle of deviation is segmented into A-type, B-type, C-type, and D-type. The report also covers the market size and forecasts for the Power Transmission Tower market across major countries. For each segment, the market size and forecasts have been done based on revenue (in USD billion).

Structure Type Waist Type Tower
Guyed-V-Tower
Tubular Steel Pole
Guyed Cross-Rope Suspension Tower
Crossings
Number of Circuits Double-Circuit
3-Circuit
4-Circuit
Angle of Deviation A-Type
B-Type
C-Type
D-Type
Geography North America United States
Canada
Rest of North America
Europe Germany
Italy
France
United Kingdom
Russian Federation
Rest of Europe
Asia-Pacific China
India
Japan
South Korea
Rest of Asia-Pacific
South America Brazil
Argentina
Rest of South America
Middle-East and Africa Saudi Arabia
United Arab Emirates
South Africa
Rest of Middle East and Africa
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Power Transmission Tower Market Research FAQs

What is the current Power Transmission Tower Market size?

The Power Transmission Tower Market is projected to register a CAGR of greater than 6% during the forecast period (2025-2030)

Who are the key players in Power Transmission Tower Market?

Skipper Limited, Ramboll Group A/S, Nanjing Daji Iron Tower Manufacturing Co. Ltd, KEC International Ltd. and Tata Power Company Limited are the major companies operating in the Power Transmission Tower Market.

Which is the fastest growing region in Power Transmission Tower Market?

Middle East and Africa is estimated to grow at the highest CAGR over the forecast period (2025-2030).

Which region has the biggest share in Power Transmission Tower Market?

In 2025, the Asia-Pacific accounts for the largest market share in Power Transmission Tower Market.

What years does this Power Transmission Tower Market cover?

The report covers the Power Transmission Tower Market historical market size for years: 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Power Transmission Tower Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Power Transmission Tower Industry Report

Statistics for the 2025 Power Transmission Tower market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Power Transmission Tower analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.