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Research and Markets: Global Transmission Tower Market Report 2014-2018 - ABB, Crompton Greaves, Siemens & Tebian Electric Apparatus Stock Dominate the IndustryDUBLIN --(Business Wire)-- Research and Markets (http://www.researchandmarkets.com/research/4979kb/global) has announced the addition of the "Global Transmission Tower Market 2014-2018" report to their offering. The analysts forecast the Global Transmission Tower market will grow at a CAGR of 7.98 percent over the period 2013-2018. This report considers the present scenario and forecasts the growth prospects of the Global Transmission Tower market for the period 2014-2018. To calculate the size of the market, the report considers revenue generated from the total sales of transmission towers globally. Initially, North American and Western European countries were dominating the Transmission Tower market but the trend is now shifting to Southeast Asian, South Asian, Eastern European, and Latin American countries, where the economies are gradually developing. There is a growing demand for power in these countries due to increased urbanization and availability of cheap resources and labor. Therefore, in the near future, these parts of the world are going to dominate the Transmission Tower market. According to the report, the market is mainly driven by an increase in industrialization in developing countries such as India and China. This leads to increased demand for electricity in these countries and, hence, the demand for transmission towers. Further, the report states that declining profit margins of vendors is one of the major challenges. As a result of the presence of numerous local and international vendors in the market, they are offering similar products at competitive prices. This leads to a decline in profit margins. The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. Key Market Drivers
Key Market Challenges
Key Market Trends
Key Vendors Other Prominent Vendors
For more information visit http://www.researchandmarkets.com/research/4979kb/global
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