The global utility pole market is projected to reach $53.3 billion by 2025, at a CAGR of 3.8% during 2020-2025. The growth of utility pole market is driven by increasing power generation capacity, growing transmission and distribution infrastructure, and replacement of aging networks.
Some of the Key Questions answered in this exclusive report are:
Q.1 What are some of the
most promising, high-growth opportunities for the utility pole market by application
type (transmission and distribution), material (steel, concrete, wood, and
composite), size (below 40 feet, 40 to 70 feet, and above 70 feet), type (new
and replacement), and region (North America, Europe, Asia Pacific, and the Rest
of the World)?
Q.2 Which segments will
grow at a faster pace and why?
Q.3 What are the
business risks and threats to the utility pole market?
Q.4 What are some
changing demands of customers in the utility pole market?
Q.5 What are the new
developments in the utility pole market? Which companies are leading these
developments?
Q.6 What strategic
initiatives are being implemented by key players for business growth?
Q.7 What are some of the
competitive products and processes in this utility pole area and how big of a
threat do they pose for loss of market share via product substitution?
Q.8 What M&A
activity has occurred in the last 5 years in this utility pole market?
Emerging trends, which
have a direct impact on the dynamics of the industry, include wider use of transmission
monopoles and increased usage of composite poles in transmission and
distribution.
Download Brochure of this report by
clicking on https://www.lucintel.com/utility-pole-market.aspx
Market Segmentation:
Based on material, the
utility pole market is segmented into steel, concrete, wood, and composite. The
steel segment accounted for the largest share of the market in 2020 due to its
high durability and low maintenance and wind energy industries and composite
poles is expected to register the highest CAGR during the forecast period, because
they offer rot and corrosion resistance, minimal maintenance, easy
installation, and superior strength-to-weight ratio.
Asia Pacific is expected
to be the largest region over the forecast period and it is also expected to
witness the highest growth over the forecast period due to increasing
investments in the power sector and improvement in the transmission and
distribution networks in developing nations, particularly as China and India.
Key Players in the Utility
pole market are Valmont Industries, KEC International, Qingdao, Skipper, Stella
Jones, Europoles, Elsewedy Electric, and Nippon Concrete Industries Co Ltd., and
others.
Request Sample Pages by clicking on
https://www.lucintel.com/utility-pole-market.aspx
The report helps stakeholders understand the
pulse of the market and provides them with information on key drivers,
restraints, challenges, and opportunities for market growth. It would also help
to understand the competitors better and gain more insights to improve their
position in the business.
To read more about this market please click on
https://www.lucintel.com/utility-pole-market.aspx
About
Lucintel
Lucintel,
the premier global management consulting and market research firm, creates
winning strategies for growth. It offers market assessments, competitive
analysis, opportunity
analysis, growth
consulting, M&A, and due diligence services to executives and
key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
Brandon
Fitzgerald
Lucintel
Dallas,
Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751
Related reports
Distributed
Energy Generation Market:
For more details click here https://www.lucintel.com/distributed-energy-generation-market.aspx
Switchgear
Market:
For more details click here https://www.lucintel.com/switchgear-market.aspx
Energy Cable Market:
For more details click here https://www.lucintel.com/energy-cable-market.aspx
HVDC PP Film Capacitor Market:
For more details click here https://www.lucintel.com/hvdc-pp-film-capacitor-market.aspx
Electric Transmission and Distribution Equipment
Market:
For more details click here https://www.lucintel.com/electric-transmission-and-distribution-equipment-m.aspx
Supercapacitor Market:
For more details click here https://www.lucintel.com/supercapacitor-market.aspx
Industrial
Pipe Market:
For more details click here https://www.lucintel.com/industrial-pipe-market.aspx
HDPE Pipe Market:
For more details click here https://www.lucintel.com/hdpe-pipe-market.aspx
Steel
Pipe Market:
For more details click here https://www.lucintel.com/steel-pipe-market.aspx
Plastic Pipe Market:
For more details click here https://www.lucintel.com/plastic-pipe-markets.aspx
No comments:
Post a Comment