Market revenue in 2023 | USD 1,386.7 million |
Market revenue in 2030 | USD 1,806.5 million |
Growth rate | 3.9% (CAGR from 2023 to 2030) |
Largest segment | Transmission & distribution pole |
Fastest growing segment | Light Pole |
Historical data | 2018 - 2022 |
Base year | 2023 |
Forecast period | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Transmission & Distribution Pole, Light Pole, High Mast Pole, Monopole |
Key market players worldwide | Al-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 |
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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 63.13% in 2023. Horizon Databook has segmented the Brazil 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.
Brazil's geographical expanse presents unique challenges, with vast rural areas requiring electrification. Utility poles play a crucial role in extending power lines to remote regions, enabling access to electricity for communities previously underserved.
Government initiatives aimed at rural electrification further stimulate the demand for utility poles, providing a significant boost to the market growth. Furthermore, technological advancements in pole materials and design contribute to the market growth.
Innovations such as composite materials offer durability, resistance to environmental factors, and reduced maintenance requirements, appealing to utility companies seeking cost-effective and sustainable solutions.
Horizon Databook provides a detailed overview of country-level data and insights on the Brazil utility poles market , including forecasts for subscribers. This country databook contains high-level insights into Brazil utility poles market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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