Market revenue in 2023 | USD 55.5 million |
Market revenue in 2030 | USD 96.2 million |
Growth rate | 8.2% (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 63.24% in 2023. Horizon Databook has segmented the Tanzania 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 can be attributed to expanding infrastructure projects, urbanization, and rural electrification initiatives. As the country develops, there is a rising demand for utility poles to support electricity transmission and distribution networks, as well as telecommunications infrastructure.
Additionally, Tanzania's emphasis on renewable energy sources such as hydroelectric power prompts investments in utility pole installations for supporting transmission lines. The government's commitment to improving access to electricity in both urban and rural areas further propels the demand for utility poles, making it a crucial sector for investment and growth in the country's infrastructure development agenda.
Horizon Databook provides a detailed overview of country-level data and insights on the Tanzania utility poles market , including forecasts for subscribers. This country databook contains high-level insights into Tanzania utility poles market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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