Market revenue in 2023 | USD 4,446.5 million |
Market revenue in 2030 | USD 6,205.2 million |
Growth rate | 4.9% (CAGR from 2023 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, 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 63.67% in 2023. Horizon Databook has segmented the Middle East & Africa 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 primary driver is the ongoing effort to expand and modernize electricity infrastructure across the MEA region. As countries focus on industrialization and urbanization to foster economic growth, there is an increasing need to develop and upgrade the existing electricity networks to support burgeoning urban populations and industrial demands.
This includes the installation of new utility poles and the refurbishment of old poles to ensure the reliability and safety of the power supply. Nations such as Saudi Arabia and the UAE have set ambitious renewable energy targets to diversify their energy mix away from hydrocarbons and reduce carbon emissions.
This shift toward renewable energy, including solar and wind projects, necessitates the expansion of transmission and distribution networks. Consequently, there is an increased demand for utility poles to connect these new energy sources to the grid.
Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa utility poles market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa 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