Latin America Utility Poles Market Size & Outlook, 2024-2030
The utility poles market in Latin America is expected to reach a projected revenue of US$ 4,349.5 million by 2030. A compound annual growth rate of 4.7% is expected of Latin America utility poles market from 2024 to 2030.
Revenue, 2023 (US$M)
$3,155.0
Forecast, 2030 (US$M)
$4,349.5
CAGR, 2024 - 2030
4.7%
Report Coverage
Latin America
Global Market
Related Markets
Latin America utility poles market highlights
- The Latin America utility poles market generated a revenue of USD 3,155.0 million in 2023.
- The market is expected to grow at a CAGR of 4.7% 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.
- Country-wise, Colombia is expected to register the highest CAGR from 2024 to 2030.
Latin America data book summary
| Market revenue in 2023 | USD 3,155.0 million |
| Market revenue in 2030 | USD 4,349.5 million |
| Growth rate | 4.7% (CAGR from 2024 to 2030) |
| Largest segment | Transmission & distribution pole |
| Fastest growing segment | Light Pole |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Transmission & Distribution Pole, High Mast Pole, Light 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, Latin America region accounted for 5.5% of the global utility poles market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 36,086.9 million by 2030.
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Publish Date: Jul 17, 2024
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Utility Poles Market Scope
Utility Poles Market segmentation & scope
Utility Poles Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Tata Steel Ltd GDR - 144A | View profile | 73,496 | 24 Homi Mody Street, Bombay House, Fort, Mumbai, MH, India, 400 001 | www.tatasteel.com |
| Nippon Steel Corp | View profile | 121,990 | 6-1, Marunouchi 2-chome, Chiyoda-ku, Tokyo, Japan, 100-8071 | www.nipponsteel.com |
| Valmont Industries Inc | View profile | 11,125 | 15000 Valmont Plaza, Omaha, NE, United States, 68154-5215 | www.valmont.com |
| Kec | View profile | 5001-10000 | Worli, Maharashtra, India, Asia | www.kecrpg.com/ |
| Al-Babtain | View profile | 1001-5000 | Riyadh, Ar Riyad, Saudi Arabia, Asia | www.al-babtain.com.sa |
| Energya Group | View profile | 1001-5000 | Heliopolis, Al Qahirah, Egypt, Africa | www.energya.com |
| Orbix | View profile | 11-50 | Genk, Limburg, Belgium, Europe | www.orbix.be/ |
| American Timber and Steel Co. | View profile | 51-100 | Norwalk, Ohio, United States, North America | www.americantimberandsteel.com |
| Bell Lumber & Pole | View profile | 51-100 | New Brighton, Pennsylvania, United States, North America | www.blpole.com/ |
| HAS Engineering | View profile | 51-100 | Cairo, Al Qahirah, Egypt, Africa | www.has-engineering.com |
Latin America 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 Outlook will help companies and investors design strategic landscapes.
Transmission & Distribution Pole was the largest segment with a revenue share of 65.56% in 2023.
Horizon Databook has segmented the Latin America utility poles market based on transmission & distribution pole, high mast pole, light pole, monopole covering the revenue growth of each sub-segment from 2018 to 2030.
- Latin America Utility Poles Market Product Outlook (Revenue, USD Million , 2018-2030)
- Transmission & Distribution Pole
- Light Pole
- High Mast Pole
- Monopole
- Others
- Latin America Utility Poles Market Material Outlook (Revenue, USD Million , 2018-2030)
- Steel
- Concrete
- Wood
- Composite
- Latin America Utility Poles Market Application Outlook (Revenue, USD Million , 2018-2030)
- Electricity Transmission
- Electricity Distribution
- Lighting
- Telecommunication
- Others
- Latin America Utility Poles Market Size Outlook (Revenue, USD Million , 2018-2030)
- Less than 6 M
- 6 M to 15 M
- 15 M to 24 M
- Above 24 M
- Latin America Utility Poles Market End Use Outlook (Revenue, USD Million , 2018-2030)
- New Installations
- Replacement
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America Utility Poles Market Outlook, including forecasts for subscribers. This continent databook contains high-level insights into Latin America Utility Poles Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Latin America Utility Poles Market, 2018-2030 (US$M)
Latin America utility poles market statistics, by product, 2018-2030 (US$M)
