DUBLIN--(BUSINESS WIRE)--The "Utility Pole Market Report: Trends, Forecast and Competitive Analysis" report has been added to ResearchAndMarkets.com's offering.
The global utility pole market is expected to reach an estimated $49.9 billion by 2023 with a CAGR of 4.2% from 2018 to 2023.
The future of the utility pole market looks good with opportunities in the transmission and distribution sectors. The major growth drivers for this market are increasing power generation capacity, growing transmission and distribution infrastructure, and replacement of aging existing networks.
Emerging trends, which have a direct impact on the dynamics of the utility pole industry, include wider use of transmission monopoles, increased usage of composite poles in transmission and distribution, increased usage of polyurethane coatings, and hot dip galvanizing of steel utility poles.
The distribution pole market is expected to remain the largest segment over the forecast period.
Within the utility pole market, the steel pole segment is expected to remain the largest segment by material type due to the low maintenance and high durability. Lucintel projects that the composite pole segment will experience the highest growth rate during the forecast period.
APAC is expected to witness the highest growth over the forecast period due to major investments in the power sector and improvement in the transmission and distribution network in developing nations, such as China and India.
Some of the utility pole companies profiled in this report are Valmont Inc., Skipper Ltd. KEC International, Stella Jones, Europoles GmbH, Eleswedy Electric, RS Technologies Inc., and Nippon Concrete Industries Co. Ltd.
Scope of the Report
Utility Pole Market by Application Type ($ Million from 2012 to 2023)
- Transmission Pole
- Distribution Pole
Utility Pole Market by Material Type ($ Million from 2012 to 2023)
- Steel Pole
- Wooden Pole
- Concrete Pole
- Composite Pole
Utility Pole Market by Size ($ Million from 2012 to 2023)
- Below 40ft
- 40ft -70ft
- Above 70ft
Key Topics Covered:
1. Executive Summary
2. Market Background and Classifications
3. Market Trends and Forecast Analysis from 2012 to 2023
4. Market Trends and Forecast Analysis by Region from 2012 to 2023
5. Competitor Analysis
6. Cost Structure Analysis
7. Growth Opportunities and Strategic Analysis
8. Company Profiles of Leading Players
- Creative Pultrusions, Inc.
- Elsewedy Electric
- Europoles GmbH & co. Kg
- KEC International
- Nippon Concrete Industries Co.Ltd
- Qingdao Wuxiao Group Co.LTD
- RS Technologies Inc.
- Skipper Limited
- Stella-Jones Corporations
- Valmont Industries
For more information about this report visit https://www.researchandmarkets.com/research/lcl5bn/global_utility?w=4