According to a new market report published by Lucintel, the future of the telecom tower market looks promising with opportunities in the infrastructure construction industry. The global telecom tower market is expected to grow with a CAGR of 15% from 2020 to 2025. The major drivers for this market are increasing reach of mobile phones, increasing competition among service providers, increasing number of telecom service providers, and increasing data usage.
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Telecom towers are tall structures designed to support antennas for telecommunications and broadcasting, including televisions. In this market, lattice towers, guyed towers, monopole towers, and stealth towers are the major tower types. Lucintel forecasts that lattice towers will remain the largest tower type segment over the forecast period due to factors, such as the weight of a lattice tower is spread over a greater area, which reduces the pressure on the foundation and ground, leading to a lighter structural design.
Within this market, ground based will remain the largest installation segment over the forecast period due to the availability of land and less human population in remote areas.
North America will remain the largest region, and it is also expected to witness the highest growth over the forecast period due to supporting initiatives by the governments, increasing wireless data usage, subscriber adoption of advanced wireless data applications, and densification of advanced networks by wireless service providers.
Bharti Infratel, Helios Towers, American Tower Corporation, SBA Communications, AT&T, GTL Infrastructure, T-Mobile Towers, Phoenix Tower International, Crown Castle International Corporation, and China Tower Corporation are among the major suppliers in the global telecom tower market.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global telecom tower market by tower type, fuel type, installation, ownership, and region. Lucintel has prepared a comprehensive research report titled “Growth Opportunities in the Global Telecom Tower Market 2020-2025: Trends, Forecast, and Opportunity Analysis.” This Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for the global telecom tower market by tower type, fuel type, installation, ownership, and region as follows:
By Tower Type [Value ($ Million) shipment analysis for 2014 – 2025]:
Lattice Towers
Guyed Towers
Monopole Towers
Stealth Towers
Others
By Fuel Type [Value ($ Million) shipment analysis for 2014 – 2025]:
By Installation [Value ($ Million) shipment analysis for 2014 – 2025]:
Rooftop
Ground-Based
Others
By Ownership [Value ($ Million) shipment analysis for 2014 – 2025]:
Operator Owned
Joint Venture
Private Owned
MNO Captive
By Region [Value ($ Million) shipment analysis for 2014 – 2025]:
United States
Canada
Mexico
United Kingdom
Spain
Germany
France
This 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or visit us at helpdesk@lucintel.com.
About Lucintel
Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision makers in a variety of industries. For further information, visit www.lucintel.com.