Asia Pacific Utility Poles Market Size & Outlook

The utility poles market in Asia Pacific is expected to reach a projected revenue of US$ 36,086.9 million by 2030. A compound annual growth rate of 5% is expected of Asia Pacific utility poles market from 2024 to 2030.
Revenue, 2023 (US$M)
$25,680.0
Forecast, 2030 (US$M)
$36,086.9
CAGR, 2024 - 2030
5%
Report Coverage
Asia Pacific

Asia Pacific utility poles market, 2018-2030 (US$M)

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Asia Pacific utility poles market, 2018-2030 (US$M)

Asia Pacific utility poles market highlights

  • The Asia Pacific utility poles market generated a revenue of USD 25,680.0 million in 2023.
  • The market is expected to grow at a CAGR of 5% from 2024 to 2030.
  • In terms of segment, transmission & distribution pole was the largest revenue generating product in 2023.
  • Light Pole is the most lucrative product segment registering the fastest growth during the forecast period.
  • Country-wise, India is expected to register the highest CAGR from 2024 to 2030.


Asia Pacific data book summary

Market revenue in 2023USD 25,680.0 million
Market revenue in 2030USD 36,086.9 million
Growth rate5% (CAGR from 2023 to 2030)
Largest segmentTransmission & distribution pole
Fastest growing segmentLight Pole
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationTransmission & Distribution Pole, Light Pole, High Mast Pole, Monopole
Key market players worldwideAl-Babtain, American Timber and Steel Co., Bell Lumber & Pole, Energya Group, HAS Engineering, New Forests, Omega Company, Orbix, Stella Jones, Valmont Industries Inc, Kec, AISHA STEEL MILLS LTD, Nippon Steel Corp, Tata Steel Ltd GDR - 144A, Jyoti Structures, Sabre Industries, Foresite Group


Other key industry trends

  • In terms of revenue, Asia Pacific region accounted for 44.5% of the global utility poles market in 2023.
  • Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 36,086.9 million by 2030.

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Utility Poles Market Companies

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Asia Pacific utility poles market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to utility poles market will help companies and investors design strategic landscapes.


Transmission & distribution pole was the largest segment with a revenue share of 63.1% in 2023. Horizon Databook has segmented the Asia Pacific utility poles market based on transmission & distribution pole, light pole, high mast pole, monopole covering the revenue growth of each sub-segment from 2018 to 2030.


The Asia Pacific utility poles market is being primarily driven by rapid urbanization, industrialization, and the expansion of utility infrastructure across the region. As countries in the Asia Pacific region experience significant population growth and economic development, there is an increasing demand for electricity, telecommunication, and other utility services, which fuels the demand for utility poles.

Governments are investing heavily in expanding electricity access to rural areas, leading to the installation of new utility poles to support the distribution of power lines. Additionally, the rising penetration of internet services and the deployment of 5G networks are also driving the demand for utility poles to support the installation of telecommunications infrastructure.

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Target buyers of Asia Pacific utility poles market databook

  • Our clientele includes a mix of utility poles market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific utility poles market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific utility poles market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Asia Pacific utility poles market size, by country, 2018-2030 (US$M)

Asia Pacific Utility Poles Market Outlook Share, 2023 & 2030 (US$M)

Asia Pacific utility poles market size, by country, 2018-2030 (US$M)

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