Market revenue in 2023 | USD 212.6 million |
Market revenue in 2030 | USD 311.2 million |
Growth rate | 5.6% (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 61.29% in 2023. Horizon Databook has segmented the Peru 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 growth drivers of the utility poles market in Peru include the nation's ambitious infrastructure development initiatives. Peru's growing economy and increasing urbanization have led to the rising demand for electricity, telecommunication, and internet services, thereby driving the need for reliable utility pole infrastructure.
The government's focus on improving rural electrification and expanding access to basic utilities also plays a significant role in propelling the market growth. With initiatives aimed at connecting remote areas to the national grid, there is a substantial requirement for utility poles to support power transmission and distribution networks across diverse terrains.
Horizon Databook provides a detailed overview of country-level data and insights on the Peru utility poles market , including forecasts for subscribers. This country databook contains high-level insights into Peru utility poles market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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