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The Utility Poles Market size was estimated at USD 40.18 billion in 2022, USD 42.34 billion in 2023, and is expected to grow at a CAGR of 5.55% to reach USD 61.93 billion by 2030. Speak directly to the analyst to clarify any post sales queries you may have.
The utility poles market is a column or post made of various materials and composite employed to support overhead power lines and other public utilities, such as fiber optic cable, electrical cable, and relevant equipment such as transformers and street lights. The market encompasses various materials used for pole manufacturing, such as wood, concrete, steel, and composite materials. End-use industries driving the demand for utility poles include power transmission & distribution companies, telecommunication providers, public & private transportation authorities, municipal corporations managing street lighting systems, and other infrastructure development organizations. Expanding power grid networks in developing countries and increasing investments in upgrading existing grids in developed regions contribute to a higher demand for utility poles. Governments worldwide are increasingly focusing on smart city projects, which require efficient street lighting systems supported by well-structured utility pole systems. However, high capital investment costs associated with installing and maintaining utility poles, coupled with fluctuating raw material prices, adversely affect the market growth. Recycled plastic composites instead of traditional wooden and concrete poles have helped overcome product prices. In addition, there is an increase in emphasis on technologies such as Internet-of-Things (IoT) devices embedded into utility poles that allow remote monitoring and control over smart grid networks and urban lighting systems.
Regional Insights
The utility poles market is highly evolving in the Americas attributed to the surging energy demand, ongoing upgradation of energy infrastructure, and replacing of aging power infrastructure. In North America, particularly the United States and Canada, there is a growing demand for utility poles due to aging infrastructure, where the need for upgrading and replacing existing poles has led to increased investment in research and development of new materials, such as composite poles that offer durability and longevity. In the European Union (EU), there is a focus on enhancing energy efficiency through smart grid technologies. This has led to increased demand for utility poles in projects involving the modernization of power distribution networks. The continuing efforts of the governments in the APAC region to provide electricity to urban and rural areas of the region are increasing the demand and deployment of utility poles. Emerging markets such as India, China, Brazil, South Africa offer tremendous potential for growth in the utility poles industry. Rapid urbanization, growing economies, and expanding energy infrastructure projects in these countries present a significant demand for utility poles. Manufacturers and providers need to adapt their strategies to cater to these markets' specific needs. Emerging markets such as India, China, Brazil, South Africa offer tremendous potential for growth in the utility poles industry. Rapid urbanization, growing economies, and expanding energy infrastructure projects in these countries present a significant demand for utility poles. The rising demand for constant electricity supply and the growing need for enhanced communication is expanding the use of utility poles for smooth transmission of energy and distribution of communication lines. The ongoing investments and development of innovative high-strength and durable utility poles are expected to increase their use by the end-use sectors worldwide.FPNV Positioning Matrix
The FPNV Positioning Matrix is pivotal in evaluating the Utility Poles Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).Market Share Analysis
The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Utility Poles Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.Key Company Profiles
The report delves into recent significant developments in the Utility Poles Market, highlighting leading vendors and their innovative profiles. These include Ace Pole Co. Inc. by Beach Timber Company, Inc., Aeron Composite Pvt. Ltd., Bajaj Electricals Ltd., Bell Lumber and Pole Company, Dimel Ingeniería S.A, El Sewedy Electric Company, France Bois Imprégnés by MOULINVEST Group, FUCHS Europoles GmbH, Hill & Smith PLC, Hitachi Energy Ltd., Iivari Mononen Oy, India Electric Poles Manufacturing Co., KEC International Ltd. by Raychem RPG Private Limited, Koppers Inc., Laminated Wood Systems, Inc., National Pole & Structure, Nippon Concrete Industries Co., Ltd., Norsk Hydro ASA, Nova Pole International Inc., Nucor Corporation, Omega Company by Saleh & Abdulaziz Abahsain Co.Ltd., P.M.F. Machinefabriek Bergum B.V., Pelco Products, Inc., Pelco Structural, LLC, Qingdao Wuxiao Group Co.,Ltd., RS Technologies Inc., Sabre Industries, Inc., Skipper Limited, Stella-Jones Inc., TAPP, Três60 Group, V&S Schuler Utilities Group, Valmont Industries, Inc., Yixing Futao Metal Component Co.,ltd., and Yoshimoto Pole Co., Ltd.Market Segmentation & Coverage
This research report categorizes the Utility Poles Market to forecast the revenues and analyze trends in each of the following sub-markets:- Type
- Distribution Poles
- Transmission Poles
- Material
- Composite
- Concrete
- Steel
- Wood
- Pole Size
- Above 70 ft
- Below 40 ft
- Between 40 ft & 70 ft
- Application
- Electricity Distribution & Transmission
- Street Lighting
- Telecommunication Network
- Region
- Americas
- Argentina
- Bolivia
- Brazil
- Canada
- Chile
- Colombia
- Costa Rica
- Dominican Republic
- El Salvador
- Guatemala
- Honduras
- Mexico
- Nicaragua
- Panama
- Peru
- Puerto Rico
- United States
- California
- Florida
- Illinois
- New York
- Ohio
- Pennsylvania
- Texas
- Asia-Pacific
- Australia
- China
- India
- Indonesia
- Japan
- Malaysia
- Philippines
- Singapore
- South Korea
- Taiwan
- Thailand
- Vietnam
- Europe, Middle East & Africa
- Denmark
- Egypt
- Finland
- France
- Germany
- Israel
- Italy
- Netherlands
- Nigeria
- Norway
- Poland
- Qatar
- Russia
- Saudi Arabia
- South Africa
- Spain
- Sweden
- Switzerland
- Turkey
- United Arab Emirates
- United Kingdom
- Americas
The report offers valuable insights on the following aspects
- Market Penetration: It presents comprehensive information on the market provided by key players.
- Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
- Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
- Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
- Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.
The report addresses key questions such as
- What is the market size and forecast of the Utility Poles Market?
- Which products, segments, applications, and areas should one consider investing in over the forecast period in the Utility Poles Market?
- What are the technology trends and regulatory frameworks in the Utility Poles Market?
- What is the market share of the leading vendors in the Utility Poles Market?
- Which modes and strategic moves are suitable for entering the Utility Poles Market?
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Table of Contents
1. Preface
2. Research Methodology
4. Market Overview
5. Market Insights
6. Utility Poles Market, by Type
7. Utility Poles Market, by Material
8. Utility Poles Market, by Pole Size
9. Utility Poles Market, by Application
10. Americas Utility Poles Market
11. Asia-Pacific Utility Poles Market
12. Europe, Middle East & Africa Utility Poles Market
13. Competitive Landscape
14. Competitive Portfolio
15. Appendix
List of Figures
List of Tables
Companies Mentioned
- Ace Pole Co. Inc. by Beach Timber Company, Inc.
- Aeron Composite Pvt. Ltd.
- Bajaj Electricals Ltd.
- Bell Lumber and Pole Company
- Dimel Ingeniería S.A
- El Sewedy Electric Company
- France Bois Imprégnés by MOULINVEST Group
- FUCHS Europoles GmbH
- Hill & Smith PLC
- Hitachi Energy Ltd.
- Iivari Mononen Oy
- India Electric Poles Manufacturing Co.
- KEC International Ltd. by Raychem RPG Private Limited
- Koppers Inc.
- Laminated Wood Systems, Inc.
- National Pole & Structure
- Nippon Concrete Industries Co., Ltd.
- Norsk Hydro ASA
- Nova Pole International Inc.
- Nucor Corporation
- Omega Company by Saleh & Abdulaziz Abahsain Co.Ltd.
- P.M.F. Machinefabriek Bergum B.V.
- Pelco Products, Inc.
- Pelco Structural, LLC
- Qingdao Wuxiao Group Co.,Ltd.
- RS Technologies Inc.
- Sabre Industries, Inc.
- Skipper Limited
- Stella-Jones Inc.
- TAPP
- Três60 Group
- V&S Schuler Utilities Group
- Valmont Industries, Inc.
- Yixing Futao Metal Component Co.,ltd.
- Yoshimoto Pole Co., Ltd.
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 181 |
| Published | March 2024 |
| Forecast Period | 2023 - 2030 |
| Estimated Market Value ( USD | $ 42.34 Billion |
| Forecasted Market Value ( USD | $ 61.93 Billion |
| Compound Annual Growth Rate | 5.5% |
| Regions Covered | Global |
| No. of Companies Mentioned | 35 |
