Companies in this industry construct power lines and towers, power plants, and radio, TV, and telecommunications towers. Major companies include Dycom Industries, Henkels & McCoy, MasTec, and SBA Communications (all based in the US), as well as Nippon COMSYS (Japan), Sirti (Italy), and TKH Group (the Netherlands).
Demand is driven by increased electrical transmission and distribution requirements, as well as the need for faster and more robust wireless and wired telecommunications services. The profitability of individual companies depends on their ability to win contracts and accurately bid on projects. Large companies have advantages in their ability handle multiple projects in various locations. Small companies can compete by specializing in services offered or by focusing on a specific geographic area.
Products, Operations & Technology
Major services are engineering, construction, maintenance, and installation of equipment and structures. Companies may also provide project management and emergency repair services. Construction of overhead and underground distribution systems includes building electric transmission towers, transformer stations, and substations; building radio, TV, and telecommunications transmitting and receiving towers; digging cable trenches; and stringing power and cable lines. Power generation facilities range from complex nuclear and fossil-fueled plants to alternative energy (wind, solar, geothermal) structures.