$6.2bn
$XXX.Xm
18,288
1,123
$X.Xbn
Transmission line contractors have enjoyed modest growth. The pandemic led to profit and revenue declines for transmission line contractors, but as private investment in communications networks and electric power infrastructure increased, contractors enjoyed a recovery. Substantial expansion in private investments in communications networks in 2020 shielded contractors from more significant declines. Overall, revenue has risen at a CAGR of 0.0% to total an estimated $6.2 billion in 2024, with revenue increasing an estimated 0.9% in 2024.
Industry revenue has grown at a CAGR of 0.0 % over the past five years, to reach an estimated $6.2bn in 2024.
Market size is projected to grow over the next five years.
Company | Market Share (%)
2024 | Revenue ($m)
2024 | Profit ($m)
2024 | Profit Margin (%)
2024 |
---|---|---|---|---|
Quanta Services | 1,261.2 | 75.4 | 6.0 | |
Aecon | 236.5 | 8.1 | 3.4 | |
MYR Group | 127.1 | 4.5 | 3.5 |
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Transmission Line Construction in Canada
Industry revenue is measured across several distinct product and services lines, including Power plant construction, Transmission and distribution line construction and Telecommunications infrastructure construction. Power plant construction is the largest segment of the Transmission Line Construction in Canada.
Power plant construction has been steady
The Transmission Line Construction industry in Canada provides design, construction, maintenance and repair services for electric power and telecommunications infrastructure, such as transmission lines, towers, cables, generating facilities, electricity substations and other related infrastructure.
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NAICS 237130 - Transmission Line Construction in Canada
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
Transmission line contractors have benefitted from increasing investments in renewable energy and telecom networks. These sectors have seen consistent backing from both publi...
Learn about an industry's products and services, markets and trends in international trade.
Private investment tops government funding in driving growth. It's expanding power and fibre optic networks, spurred on by the necessity to replace old electrical systems and...
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
Transmission line contractors target populous regions. Notably, areas such as Ontario and Alberta have escalated needs, prompting service providers to establish a presence th...
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
Market share in construction is moderately concentrated. This concentration is primarily because of major contractors' strategic advantages, with economies of scale and stron...
Learn about the performance of the top companies in the industry.
Quanta is the leading transmission line contractor. Despite its capacity to cater to significant demand sources, its revenue growth has been sluggish in recent years.
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
Transmission line contractors operate within a labyrinth of regulations. To carry out their work, they must navigate federal and provincial construction permits, labour safet...
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
Material costs to build transmission lines remain steep because of inflation. The consistent financial strain is largely because of the elevated prices of necessary materials...
Including values and annual change:
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Key data sources in Canada include:
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These sources include:
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The market size of the Transmission Line Construction industry in Canada is $6.2bn in 2024.
There are 1,123 businesses in the Transmission Line Construction industry in Canada, which has grown at a CAGR of 0.5 % between 2019 and 2024.
The market size of the Transmission Line Construction industry in Canada has been growing at a CAGR of 0.0 % between 2019 and 2024.
Over the next five years, the Transmission Line Construction industry in Canada is expected to grow.
The biggest companies operating in the Transmission Line Construction market in Canada are Quanta Services, Aecon and MYR Group
Renewable energy facilities and Cellular phone towers are part of the Transmission Line Construction industry.
The company holding the most market share in Canada is Quanta Services.
The level of competition is high and steady in the Transmission Line Construction industry in Canada.