Market revenue in 2023 | USD 12,152.9 million |
Market revenue in 2030 | USD 14,395.9 million |
Growth rate | 2.4% (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 |
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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 64.91% in 2023. Horizon Databook has segmented the North America 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 market growth is driven by several factors that are crucial for the development and expansion of infrastructure across the region. The increasing demand for electricity due to urbanization and industrial growth is the major driver, as cities expand and industries grow, the need for an efficient and reliable power distribution network becomes imperative, leading to higher demand for utility poles.
The region is also inclined toward renewable energy sources, and the decentralization of power generation in the region necessitates the expansion of the grid infrastructure. The integration of renewable energy sources such as wind and solar power into the grid requires the installation of additional utility poles for the transmission and distribution of electricity generated from these sources.
Horizon Databook provides a detailed overview of continent-level data and insights on the North America utility poles market , including forecasts for subscribers. This continent databook contains high-level insights into North America utility poles market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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