Market revenue in 2023 | USD 832.5 million |
Market revenue in 2030 | USD 1,114.7 million |
Growth rate | 4.3% (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 |
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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 64.77% in 2023. Horizon Databook has segmented the Mexico 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 Mexico's commitment to expanding and modernizing its electricity infrastructure to support a growing population and an increasingly industrialized economy. This involves upgrading existing utility poles, which are essential for the reliability and safety of the electrical grid, as well as extending the grid to new urban and industrial areas.
The country has set ambitious targets for reducing its carbon emissions, leading to substantial investments in renewable energy projects, such as solar and wind power. These projects require the expansion of the distribution and transmission network, thereby boosting the demand for new utility poles to connect these renewable sources to the national grid.
Horizon Databook provides a detailed overview of country-level data and insights on the Mexico utility poles market , including forecasts for subscribers. This country databook contains high-level insights into Mexico utility poles market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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