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Thursday, August 15, 2024

Lucintel Forecasts the North American Cross Arm Utility Pole Market to Reach $1 Billion by 2030

According to a market report by Lucintel, the future of the global North American cross arm utility pole market looks promising with opportunities in the power transmission, distribution, telecommunication, and lighting. The global North American cross arm utility pole market is expected to reach an estimated $1 billion by 2030 at a CAGR of 3.1% from 2023 to 2030. The major drivers for this market are increasing transmission and distribution investment and replacement of aging infrastructure.

A more than 150 page report to understand trends, opportunity and forecast in North American cross arm utility pole market to 2030 by end use (power transmission and distribution, telecommunication, lighting, and others), material (wood, metal, and composites), and country (United States, Canada, and Mexico).

In this market, wood, metal, and composites are the material used for manufacturing cross arm utility pole. Lucintel forecasts that composite cross arm utility pole is expected to witness the highest growth due to fact that composites are inherently safe, lighter, stronger, more durable, and readily installed features.

Within the cross arm utility pole market, power transmission and distribution will remain the largest end use during the forecast period due to rapid industrialization in emerging economies, increasing demand of cross arm utility pole in power generation sectors.

Download sample by clicking on North American cross arm utility pole market.

Koppers, Geotek Inc., Stella-Jones Corporations, Valmont Industries, Creative Pultrusions, Inc. are the major suppliers in the North American cross arm utility pole market.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.

About Lucintel

At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.

Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email:
roy.almaguer@lucintel.com
Tel. +1-972-636-5056

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