Market revenue in 2023 | USD 1,934.7 million |
Market revenue in 2030 | USD 2,253.9 million |
Growth rate | 2.2% (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 65.25% in 2023. Horizon Databook has segmented the UK 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 increasing demand for electricity and telecommunication services is fueling the need for reliable and robust infrastructure, including utility poles. As the population grows and urbanization continues, there is a higher requirement for expanded utility networks to serve both residential and commercial areas.
Moreover, technological advancements and the deployment of smart grid systems are driving the replacement of outdated infrastructure with modern, more efficient utility poles. These new poles often incorporate features such as sensors for monitoring power usage and grid health, contributing to more sustainable and resilient energy distribution systems.
Horizon Databook provides a detailed overview of country-level data and insights on the UK utility poles market , including forecasts for subscribers. This country databook contains high-level insights into UK utility poles market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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