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Published bySakshi Bhargava Modified over 5 years ago
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Utility Pole Market Report 2019-2024: Trends, Forecast and Competitive Analysis 1
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Industry Profiles Snapshot Major ParameterDescription Market Segments by Application Type Transmission and distribution Market Segments by Material Steel, concrete, wood, and composite Market Segments by Size Below 40 feet, 40 to 70 feet, and above 70 feet Market Segments by Type New and replacement Market Segments by Region North America, Europe, Asia Pacific and Rest of the World. Top Companies Name Valmont Industries, KEC International, Qingdao, Skipper, Stella Jones, Europoles, Elsewedy Electric, and Nippon Concrete Industries Co Ltd. And others. Trend Growth Rate and CAGR4.1% Key Industry Forecast The global utility pole market is expected to reach an estimated $52.1 billion by 2024 with a CAGR of 4.1% from 2019 to 2024. Key Industry Driver Driver: Increasing power generation capacity, growing transmission and distribution infrastructure, and replacement of aging networks. 2
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Industry Overview Market Size The global utility pole market is expected to reach an estimated $52.1 billion by 2024 with a CAGR of 4.1% from 2019 to 2024. Emerging trends which have a direct impact on the dynamics of the market include wider use of transmission monopoles and increased usage of composite poles in transmission and distribution. Market Size (2024)$52.1 billion CAGR (2019-24)4.1% 3 Industry Performance : Forecast
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