Market revenue in 2023 | USD 13,624.7 million |
Market revenue in 2030 | USD 18,177.1 million |
Growth rate | 4.2% (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 |
No credit card required*
Name | Profile | # Employees | HQ | Website |
---|
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 63.3% in 2023. Horizon Databook has segmented the China 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 rapid urbanization and industrialization across the country are fueling the demand for electricity transmission and distribution infrastructure. As cities expand and new industrial zones emerge, there's a pressing need for reliable and efficient power supply networks, which rely heavily on utility poles.
Furthermore, the country's transition toward renewable energy sources, notably wind and solar, is contributing to the growth of the utility poles market. As China endeavors to reduce its dependence on fossil fuels and mitigate environmental concerns, there is a surge in the installation of wind turbines and solar panels, necessitating the expansion of the power transmission infrastructure, including utility poles.
Horizon Databook provides a detailed overview of country-level data and insights on the China utility poles market , including forecasts for subscribers. This country databook contains high-level insights into China utility poles market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account