Mexico Utility Poles Market Size & Outlook, 2023-2030

The utility poles market in Mexico is expected to reach a projected revenue of US$ 1,114.7 million by 2030. A compound annual growth rate of 4.3% is expected of Mexico utility poles market from 2024 to 2030.
Revenue, 2023 (US$M)
$832.5
Forecast, 2030 (US$M)
$1,114.7
CAGR, 2024 - 2030
4.3%
Report Coverage
Mexico

Mexico utility poles market, 2018-2030 (US$M)

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Mexico utility poles market, 2018-2030 (US$M)

Mexico utility poles market highlights

  • The Mexico utility poles market generated a revenue of USD 832.5 million in 2023 and is expected to reach USD 1,114.7 million by 2030.
  • The Mexico market is expected to grow at a CAGR of 4.3% 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 2023USD 832.5 million
Market revenue in 2030USD 1,114.7 million
Growth rate4.3% (CAGR from 2023 to 2030)
Largest segmentTransmission & distribution pole
Fastest growing segmentLight Pole
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationTransmission & Distribution Pole, Light Pole, High Mast Pole, Monopole
Key market players worldwideAl-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, Mexico accounted for 1.4% 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 North America, U.S. utility poles market is projected to lead the regional market in terms of revenue in 2030.
  • Mexico is the fastest growing regional market in North America and is projected to reach USD 1,114.7 million by 2030.

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Utility Poles Market Companies

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Mexico 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 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.

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Target buyers of Mexico utility poles market databook

  • Our clientele includes a mix of utility poles market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • 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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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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Mexico utility poles market size, by product, 2018-2030 (US$M)

Mexico Utility Poles Market Outlook Share, 2023 & 2030 (US$M)

Mexico utility poles market size, by product, 2018-2030 (US$M)

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