Italy Utility Poles Market Size & Outlook, 2023-2030
Italy utility poles market, 2018-2030 (US$M)
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Italy utility poles market highlights
- The Italy utility poles market generated a revenue of USD 1,007.9 million in 2023 and is expected to reach USD 1,283.6 million by 2030.
- The Italy market is expected to grow at a CAGR of 3.5% 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.
Utility poles market data book summary
| Market revenue in 2023 | USD 1,007.9 million |
| Market revenue in 2030 | USD 1,283.6 million |
| Growth rate | 3.5% (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 |
Other key industry trends
- In terms of revenue, Italy accounted for 1.7% 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 Europe, Germany utility poles market is projected to lead the regional market in terms of revenue in 2030.
- Spain is the fastest growing regional market in Europe and is projected to reach USD 1,270.2 million by 2030.
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Utility Poles Market Scope
Utility Poles Market Companies
| Name | Profile | # Employees | HQ | Website |
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Italy 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 63.87% in 2023. Horizon Databook has segmented the Italy 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.
Italy's focus on renewable energy sources, such as wind and solar power, is contributing to the market growth. These renewable energy projects often require new utility poles for transmission lines, further stimulating the market demand. Moreover, the government's initiatives toward modernizing and improving infrastructure play a significant role.
Italy's National Energy Strategy emphasizes the importance of upgrading and maintaining the country's energy infrastructure, which includes utility poles. Investments in smart grid technology and digitization efforts also fuel the demand for advanced utility poles capable of supporting these technologies.
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Horizon Databook provides a detailed overview of country-level data and insights on the Italy utility poles market , including forecasts for subscribers. This country databook contains high-level insights into Italy utility poles market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Italy utility poles market size, by product, 2018-2030 (US$M)
Italy Utility Poles Market Outlook Share, 2023 & 2030 (US$M)
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