5th Floor, Brigade Towers,
Financial District, Gachibowli,
Hyderabad - 500032,
The Telecom Towers Market is segmented by Fuel Type (Renewable and Non-renewable), Type of Tower (Lattice Tower and Guyed Tower), Installation (Rooftop and Ground-based), Ownership (Operator-owned, JV, and Private-owned), and Region.
Fastest Growing Market:
The telecom towers market was valued at 4.82 million units in 2019 and is expected to reach 6.29 million by 2025, at a CAGR of 4.56% over the forecast period 2020 - 2025. The leasing concept has enabled the MNOs to invest heavily in developing their infrastructure and reach across rural regions, thus bringing new revenues to the tower operators through tower installations. Tower-sharing is one of the major growth drivers for the telecom industry, as it provides benefits like cost reduction and faster data rollout. The telecom tower industry has gained high prominence as an independent industry, mainly in India and the United States.
The increasing data usage by consumers has led to a competitive telecom landscape across regions. With tower sharing becoming increasingly popular among the MNOs, the tower operators have been able to reach operational efficiencies. Independent tower companies owned around 70% of the total 4.30 million towers around the world (as of 2017). China has the highest number of telecom towers in the world, owned by the state-run China Tower Corporation. It has around 1,968,000 towers and it was estimated that it is leasing over 550,000 towers.
|By Fuel Type|
|By Type of Tower|
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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 the 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 ground. The modules of a lattice telecom tower can be assembled easily and it 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.
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The North American region has been witnessing a significant shift, with the majority of the 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 reached to 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 for mobile video, advanced devices, and densification of advanced networks by wireless service providers, to satisfy the growing demand for high-bandwidth wireless data, is driving the increased deployment of towers in the region.
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The telecom tower market is highly competitive and consists of several major players. In terms of market share, few of the major players currently dominate the market. These major players with prominent shares in the market are focusing on expanding their customer base across foreign countries. These companies are leveraging on strategic collaborative initiatives to increase their market share and profitability. The companies operating in the market are also acquiring start-ups working on telecom towers to strengthen their product capabilities. In April 2018, Crown Castle International Corp. announced that its subsidiary, CCR Srl, agreed to purchase a 49% interest in RaiWay SpA, a subsidiary of RAI (Radiotelevisione Italiana) SpA, the Italian state-owned television and radio broadcaster, for approximately USD 380 million. RaiWay employs over 750 people and manages over 2,300 broadcast transmission sites across Italy, representing Italy's largest broadcast tower network.
1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Overview
4.2 Introduction to Market Drivers and Restraints
4.3 Market Drivers
4.3.1 Connecting/Improving Connectivity to Rural Areas
4.3.2 Providing Wider Coverage and Catering to Increasing Data Needs
4.4 Market Restraints
4.4.1 Environmental Concerns about Power Supply Systems to Towers
4.4.2 Tower-sharing between Telecom Companies
4.5 Value Chain / Supply Chain Analysis
4.6 Industry Attractiveness - Porter's Five Forces Analysis
4.6.1 Threat of New Entrants
4.6.2 Bargaining Power of Buyers/Consumers
4.6.3 Bargaining Power of Suppliers
4.6.4 Threat of Substitute Products
4.6.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
5.1 By Fuel Type
5.2 By Type of Tower
5.2.1 Lattice Tower
5.2.2 Guyed Towers
5.2.3 Monopole Towers
5.2.4 Stealth Towers
5.3 By Installation
5.4 By Ownership
5.4.1 Operator Owned
5.4.2 Joint Venture
5.4.3 Private Owned
5.4.4 MNO Captive
5.5.1 North America
188.8.131.52 United States
184.108.40.206 United Kingdom
220.127.116.11 Rest of Europe
18.104.22.168 South Korea
22.214.171.124 Rest of Asia-Pacific
5.5.4 Latin America
126.96.36.199 Rest of Latin America
5.5.5 Middle-East & Africa
188.8.131.52 United Arab Emirates
184.108.40.206 Saudi Arabia
220.127.116.11 Rest of Middle-East & Africa
6. COMPETITIVE LANDSCAPE
6.1 Company Profiles
6.1.1 Bharti Infratel Limited
6.1.2 Helios Towers Africa
6.1.3 American Tower Corporation
6.1.4 SBA Communications Corporation
6.1.5 AT&T Inc.
6.1.6 GTL Infrastructure Ltd
6.1.7 T-Mobile Towers
6.1.8 Crown Castle International Corporation
6.1.9 China Tower Corporation
7. INVESTMENT ANALYSIS
8. MARKET OPPORTUNITIES AND FUTURE TRENDS
** Subject to Availability