Kenya Utility Poles Market Size & Outlook, 2023-2030
Kenya utility poles market, 2018-2030 (US$M)
Related Markets
Kenya utility poles market highlights
- The Kenya utility poles market generated a revenue of USD 72.9 million in 2023 and is expected to reach USD 110.0 million by 2030.
- The Kenya market is expected to grow at a CAGR of 6.1% 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 72.9 million |
| Market revenue in 2030 | USD 110.0 million |
| Growth rate | 6.1% (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, Kenya accounted for 0.1% 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 Middle East & Africa, Saudi Arabia utility poles market is projected to lead the regional market in terms of revenue in 2030.
- Nigeria is the fastest growing regional market in Middle East & Africa and is projected to reach USD 289.4 million by 2030.
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Utility Poles Market Scope
Utility Poles Market Companies
| Name | Profile | # Employees | HQ | Website |
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Kenya 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 62.55% in 2023. Horizon Databook has segmented the Kenya 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.
Government-led electrification programs, coupled with investments in telecommunications and transportation networks, are fueling the demand for utility poles. Additionally, the growing construction sector, particularly in residential and commercial real estate, requires reliable utility infrastructure, further boosting the demand for utility poles.
Moreover, increasing awareness about sustainable forestry practices and the adoption of environmentally friendly materials in pole manufacturing are shaping the market landscape, encouraging innovation and growth in Kenya's utility poles sector.
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Target buyers of Kenya utility poles market databook
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Our clientele includes a mix of utility poles market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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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 Kenya utility poles market , including forecasts for subscribers. This country databook contains high-level insights into Kenya utility poles market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Kenya utility poles market size, by product, 2018-2030 (US$M)
Kenya Utility Poles Market Outlook Share, 2023 & 2030 (US$M)
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