Global Utility Poles Market Size, Share, Growth, Demand, Forecast Report 2030

The global utility poles market is currently worth USD 46 billion in 2021, and it is expected to grow to USD 70.1 billion by 2030 at a CAGR of 3.8% between 2022 and 2030. This report will provide a detailed account of the global utility poles market’s growth factors, challenges, opportunities, and obstacles.

Utility Poles Market: Overview

A utility pole is a concrete or steel shaft that carries and protects power lines made of fibre optic cables and electrical cables. They support the weight of these power-generating wires while also insulating them from externally adverse conditions and surfaces based on their placement. They are made of various materials such as concrete, sheet metal, wood, and composites. These poles aid in the reinforcement of power lines by increasing their durability and resistance to high electrical pressures.

These wires are also used in composite applications, such as transferring power from power plants to end users. These utility poles are also responsible for energy transmission and power amplification, acting as a strong insulated structure to protect power lines while quickly separating them from assigned users.

These utility poles shield major power lines in developed countries and run around the world as an important electrical component serving many telecommunications and electrical service sectors.

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Growth Factors in the Global Utility Poles Market

Rising global energy consumption, the expansion of the global telecommunications industry, and the acceptance of steel as a green material are some of the factors driving the global utility poles market growth. Energy transmission and distribution on utility poles are also important in supporting utility infrastructure and meeting energy demand. Additional market growth drivers include increasing power generation capacity and replacing ageing networks.

Utility pole demand in the telecommunications and electricity sectors has the potential to drive the utility pole market forward. Aside from that, the demand for electricity in some countries will rise due to population growth. This factor will drive up demand for utility poles in these areas.

Utility Poles Market: Segmentation

This research study divides the global utility poles market into four segments: type, pole size, end-users, and region. The type segment separates distribution and transmission poles. The pole sizes are divided into three categories: under 40 feet, between 40 feet and 70 feet, and over 70 feet. Transmission and distribution of electricity, telecommunication, street lighting, heavy power lines, and other end users are all included.

Utility Poles Market: Competitive Landscape:

The key market players with respect to the global utility poles market are:

Valmont Industries
Skipper Ltd
Nippon Concrete industries
Hill & Smith Holdings
Stella-Jones Inc
Fuchs Europoles Gmbh
Omega Factory
Pelco Products
RS Technologies INC.

Global Utility Poles Market segmentation follows
By Type

Distribution Poles
Transmission Poles
By Pole-Size

Below 40ft
Between 40ft and 70ft
Above 70ft
By End-use

Electricity Transmission and distribution
Street lighting
Heavy Power Lines
By Region

North America
The U.S.
The UK
Rest of Europe
Asia Pacific
South Korea
Southeast Asia
Rest of Asia Pacific
Latin America
Rest of Latin America
Middle East & Africa
South Africa
Rest of Middle East & Africa

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