The rising demand for electricity, need for replacement of ageing infrastructure and installation of new transmission and distribution infrastructure is expected to drive the growth of transmission tower market . However, varying raw material prices, especially steel, and export and import restrictions may hinder the future potential of this market. Developing nations such as India and China are the key markets driving the growth of this market whereas in developed economies such the North American and European regions presents new growth avenues with respect to the technological developments and replacement demand. However, fluctuating steel prices, and import/export regulations are key restraints for the global transmission towers market. The global Transmission Tower market is estimated to reach $3883 million by 2023 at a CAGR of 8.4%. Geographically, Asia Pacific dominated the global transmission tower market, and is projected to have the fastest growth, owing to increasing ur...