Colombia Utility Poles Market Size & Outlook, 2023-2030

The utility poles market in Colombia is expected to reach a projected revenue of US$ 535.9 million by 2030. A compound annual growth rate of 6% is expected of Colombia utility poles market from 2024 to 2030.
Revenue, 2023 (US$M)
$356.4
Forecast, 2030 (US$M)
$535.9
CAGR, 2024 - 2030
6%
Report Coverage
Colombia

Colombia utility poles market highlights

  • The Colombia utility poles market generated a revenue of USD 356.4 million in 2023 and is expected to reach USD 535.9 million by 2030.
  • The Colombia market is expected to grow at a CAGR of 6% 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.


Utility poles market data book summary

Market revenue in 2023USD 356.4 million
Market revenue in 2030USD 535.9 million
Growth rate6% (CAGR from 2023 to 2030)
Largest segmentTransmission & distribution pole
Fastest growing segmentLight Pole
Historical data2018 - 2022
Base year2023
Forecast period2024 - 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, Colombia accounted for 0.6% of the global utility poles market in 2023.
  • Country-wise, China is expected to lead the global market in terms of revenue in 2030.
  • In Latin America, Brazil utility poles market is projected to lead the regional market in terms of revenue in 2030.
  • Colombia is the fastest growing regional market in Latin America and is projected to reach USD 535.9 million by 2030.

No credit card required*

Horizon in a snapshot

  • 30K+ Global Market Reports
  • 120K+ Country Reports
  • 1.2M+ Market Statistics
  • 200K+ Company Profiles
  • Industry insights and more

Utility Poles Market Companies

Name Profile # Employees HQ Website

Colombia 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 61.98% in 2023. Horizon Databook has segmented the Colombia 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.


Columbia's utility poles market is primarily driven by several key factors contributing to its growth trajectory. The government initiatives aimed at improving rural electrification efforts play a crucial role in driving the utility poles market.

Extending electricity access to remote and underserved areas requires the installation of utility poles and power lines, thereby fostering market growth. Additionally, technological advancements in utility pole materials and construction techniques contribute to the market growth.

Innovative materials, such as composite poles, offer advantages such as durability, resistance to environmental factors, and longer lifespans compared to traditional wooden poles, thereby driving their adoption in Colombia's utility poles market.

Reasons to subscribe to Colombia utility poles market databook:

  • Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
  • Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
  • Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
  • Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
  • Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.

Target buyers of Colombia 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.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.

Horizon Databook provides a detailed overview of country-level data and insights on the Colombia utility poles market , including forecasts for subscribers. This country databook contains high-level insights into Colombia utility poles market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

Partial client list

  • logo

Colombia utility poles market size, by product, 2018-2030 (US$M)

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

Colombia utility poles market size, by product, 2018-2030 (US$M)

Sign up - it's easy, and free!

Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our free plan indefinitely.

Explore all plans

Included in Horizon account

  • 30K+ Global Market Reports
  • 120K+ Country Reports
  • 1.2M+ Market Statistics
  • 200K+ Company Profiles
  • Industry insights and more