“Telecom Towers Market” report 2019-2024 provides detailed summary of company competition, market demand, regional forecast, marketing price and new investment feasibility analysis is included of Telecom Towers market. It also covers approximate CAGR, key-players, scope of the report, regional analysis, major market factors of Telecom Towers market, reasons of buying this report and complete TOC of report.
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There are 4 key segments covered in this Telecom Towers Systems Market report:
- Competitor segment
- Product type segment
- End-use/application segment
- Geography segment
Telecom Towers Market by Key Players:
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Scope of the Report:
Key Market Trends:
Lattice Tower is expected to register a Significant Growth
Lattice telecom towers are mostly three-legged towers, with tubular leg elements and tubular bracing members. They are used explicitly in case of heavy loads, which makes them suitable for central communication hubs and MW backbone sites in hurricane zones.The primary purpose of setting up a lattice telecom tower in a telecom network is to support more than one antenna for communication purposes. These towers also support the load of supporting apparatus used in communication networks.
Lattice telecom towers find their primary applications in radars, video surveillance equipment, and GSM/CDMA equipment. They can be used as electricity transmission towers, radio towers, or as an observation tower.
The weight of the lattice tower is spread over a greater area, which reduces the pressure on the foundation and the ground. The modules of a lattice telecom tower can be assembled easily and does not require heavy equipment and cranes, which further optimizes the cost spending of vendors.The truss action and larger base dimensions of this infrastructure help resist the applied loads more effectively, leading to a lighter structural design. Also, wind loads are reduced due to the lattice topology.
North America is Expected to Hold Major Share
The North American region has been witnessing a significant shift, with the majority of towers being increasingly transferred from MNOs to independent tower companies. Owing to supporting initiatives by the governments, the region is expected to continually strengthen its position in the global market. For instance, the US Department of State’s Global Connect Initiative (GCI) aims to bring an additional 1.5 billion people online by 2020, thus creating a demand for more connectivity and network infrastructure.
Moreover, aggregate annual wireless capital expenditure in the United States was valued at USD 30 billion, which is expected to augment the market’s growth. In 2017, the number of mobile phone users in the United States is expected to reach about 266 million, with mobile internet penetration of about 237.2 million. Mobile internet penetration is expected to cross 275 million by 2023. Increasing wireless data usage continues to compel wireless service providers to improve their networks’ quality, and make incremental investments on the coverage and capacity of their networks.
Subscriber adoption of advanced wireless data applications, particularly mobile video, advanced devices, and densification of advanced networks by wireless service providers, to satisfy the growing demand for high-bandwidth wireless data, are driving the increased deployment of towers in the region.
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Telecom Towers Market Covers Following Points in TOC:
- Chapter 1: Telecom Towers Market Definition
- Chapter 2: Research Methodology of Telecom Towers Market
- Chapter 3: Telecom Towers Market Executive Summary
- Chapter 4: Telecom Towers Market Overview Includes Current Market Scenario, Porter’s Five Forces Analysis, Bargaining Power of Suppliers and Consumers, Threat of New Entrants and Substitute Product and Services
- Chapter 5: Market Dynamics Covers Drivers, Restraints, Opportunities and Challenges
- Chapter 6: Telecom Towers Market Segmentation by Types, End-User, and Applications Forecast to 2024
- Chapter 7: Telecom Towers Market Segmentation by Geographical Regions
- Chapter 8: Competitive Landscape of Telecom Towers Market Includes Mergers & Acquisition Analysis, Agreements, Collaborations, and Partnerships, New Products Launches
- Chapter 9: Key Players for Telecom Towers Market
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