Globally Metal Communication Tower Market Overview:
A metal communication tower is a tall structure that provides space for installing FM radio and AM radio antennas, and a TV tower is built to support a television. Metal communication towers have electronic equipment and antennas that send and receive signals to and from cell phones. Antennas may be attached to free-standing towers or structures or may be mounted on non-tower structures such as building rooftops, billboards, or church steeples. Tower companies around the globe have evolved their business models and increased their focus on cost efficiency and operational prudence.
Attributes | Details |
---|
Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2023-2028 |
Historical Period | 2018-2022 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Market Growth Drivers:
Increased usage of mobile communication., Rise in the demand for high-speed connectivity, and Improving connectivity in the rural area.
Challenges:
Natural calamities and hazards potential for exposure to radio frequency., Corrosion to towers., Wind-Induced Vibration., Manufacturing Defects. and Towers Overloaded by New Equipment.
Restraints:
High-frequency radio waves or microwaves effects the human environment.
Opportunities:
Tower companies lease out space in sites to wireless operators which generates predictable revenue streams favored by investors.
Competitive Landscape:
The metal communication towers market is fragmented, with major international players having a large market share. The major players are adopting various strategies to dominate the market, such as launching new technologies, acquisitions, regional and international expansion, and collaborations.
Some of the key players profiled in the report are American Towers (America), Indus Towers (India), Summit Digital Infrastructure (India), Cellnex Telecom (India), HIS Holding (Africa), SBA Communications (United States), Deutsche Funkturm (Germany), Protelindo (Indonesia), Digital Telecom Infra Fund (Thailand), Mobile Broadband (United Kingdom) and Telenor Infra (Norway). Considering Market by By Shape, the sub-segment i.e. Hexagonal will boost the Metal Communication Tower market. Considering Market by By Installation, the sub-segment i.e. Ground base will boost the Metal Communication Tower market.
Latest Market Insights:
The combination of Bharti Infratel and Indus Towers by way of the merger will create a pan-India tower company, with over 163,000 towers, operating across all 22 telecom service areas in India. The combined company will be the largest tower company in the world outside China. and Phoenix Tower International acquires 197 wireless communication tower sites located throughout the United States from Tower Ventures.
Recently two-panel discussions were held with representatives from tower climber advocacy organizations. The first panel focused on the causes of tower climber fatalities and ways employers can prevent such fatalities. The second panel focused on industry-wide solutions that can be implemented by carriers, tower owners, and turfing vendors.
What Can be Explored with the Metal Communication Tower Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Globally Metal Communication Tower Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Metal Communication Tower
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Globally Metal Communication Tower market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Metal Communication Tower market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.