According to a market report by Lucintel, the future of the global FRP cross arm market looks promising with opportunities in power transmission and distribution, telecommunication and lighting. The global FRP cross arm market is expected to reach an estimated $141 billion by 2035 with a CAGR of 3% from 2025 to 2035. The major growth driver in this market is the increasing replacement of old poles and cross arms with the new one in the developing countries.
A more
than 150-page report to understand trends, opportunity and forecast in global FRP
cross arm market to 2035 by application (power transmission and distribution,
telecommunication, and lighting and others), type (tangent cross arm and dead-end
cross arm), by region (North America, Europe, Asia Pacific, and Rest of the
World).
Lucintel
forecasts that, tangent cross arm is expected to be the largest type by value
and volume due to its increasing use in composite, concrete, metal, and wood
pole to support conductors along transmission and distribution lines. Tangent
cross arm is expected to witness highest growth over the forecast period.
Power
transmission and distribution will remain the largest application market by
value and volume due to increase in investment for new power generation
infrastructure and replacement of existing network. Telecommunication is
expected to witness highest growth over the forecast period.
Download
sample by clicking on FRP cross arm market.
North
America is expected to remain the largest region and APAC is expected to
witness the highest growth over the forecast period due to growing replacement
activities in the developing countries like China and India.
Geotek
Inc., Valmont Industries, Creative Composites Group, Liberty Pultrusions, RS
Technologies are the major suppliers in
the FRP cross arm 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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