Utility pole is a column or post used to support overhead power lines and various other public utilities, including electrical cable, fiber optic cable, and related equipment such as transformers and streetlights. Depending on the application the utility poles can be referred to as a transmission pole, telephone pole, telecommunication pole, power pole, hydro pole, telegraph pole, or telegraph post. Rising demand for these poles in the electricity sector is expected to be the major driving factor for the global utility poles market during the forecast period. Moreover, the industry has witnessed an increased demand from telecommunication sector. In addition, energy distribution and energy transmission are fundamental applications of utility poles that play a crucial role in network maintenance. Countries with higher population density and increasing electricity access rates have been generating higher demand for utility poles.
During the Covid-19 pandemic in the early 2020, majority of the countries and region witnessed a country wide lockdown. This has impacted the overall demand for electricity. Global a decline of almost 10% in the overall demand of electricity was witnessed in 2020. Majority of decline was witnessed in the industrial sector, where countries had imposed shut down of manufacturing facilities to reduce the spread of Covid-19. However, demand for electricity is expected to come to normal post 2020.
Insights Presented in the Report
"Amongst Type, new deployment segment dominated the market in 2020."
Based on type the global utility poles market is bifurcated into new deployment and replacement. Currently new deployment segment dominates the market. However, replacement segment is expected to witness increased demand owing to governments initiative to transform the energy sector. As per a recent findings an estimated 2.5 million wood poles are replaced annually globally.
"Amongst Material, Steel and Wood Poles segment dominated the market in 2020."
Based on Material, the market is bifurcated into Steel Poles, Wooden Poles, Concrete Poles, Composite Poles. Currently, steel and wood poles segment dominate the market. However, Composite poles segment is expected to witness rapid growth owing to the benefits associated with composite materials. Wood is the pioneering material used in the utility pole production; therefore, it is highly adopted in the utility poles.
"Amongst Size, 40-70 Feet poles segment dominates the market in 2020."
Based on size, the market is bifurcated into >40 Feet poles, 40-70 Feet poles, Above 70 Feet poles. Currently, 40-70 Feet poles segment dominates the market. Increase in the size of the pole offers the ability to handle greater load tension.
"Amongst Application, Electricity Transmission & Distribution Poles segment dominated the market in 2020."
Based on application the market is segmented into Electricity Transmission & Distribution Poles, Street Lighting, Telecommunication, Others. In 2020, Electricity Transmission & Distribution Poles segment dominated the market. Increase in global energy needs, results in energy generation activities where electricity is mainly transported and then distributed.
"Asia-Pacific represents as the largest markets in the Global Utility Poles Market."
For a better understanding of the market adoption, report provide detailed analysis for major region and countries including North America (US, Canada, Rest of North America), Europe (Germany, UK, France, Spain, Rest of Europe), Asia-Pacific (China, Japan, India, Australia, Rest of APAC), and Rest of World. In North America, 44.3% of the total electricity generation capacity was derived from natural gas. Rising number of factories across various industries is the major factor driving the market for the global electricity transmission/distribution poles market in North America. Some of the major companies profiled in the report includes Valmont Industries Inc., Stella-Jones, Pelco products Inc., RS Technologies Inc, FUCHS Europoles GmbH, Hill & Smith Holdings PLC, Nippon Concrete Industries Co. Ltd., Skipper Ltd, El Sewedy Electric Company, Omega Factory.
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- The study includes market sizing and forecasting analysis validated by authenticated key industry experts
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- The report covers in-depth analysis of prominent industry peers with a primary focus on key business financials, product portfolio, expansion strategies, and recent developments
- Detailed examination of drivers, restraints, key trends, and opportunities prevailing in the industry
- The study comprehensively covers the market across different segments
- Deep dive country level analysis of the industry
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Utility pole is a column or post used to support overhead power lines and various other public utilities, including electrical cable, fiber optic cable, and related equipment such as transformers and streetlights. Depending on the application the utility poles can be referred to as a transmission pole, telephone pole, telecommunication pole, power pole, hydro pole, telegraph pole, or telegraph post. Rising demand for these poles in the electricity sector is expected to be the major driving factor for the global utility poles market during the forecast period. Moreover, the industry have witnessed an increased demand from telecommunication sector. In addition, energy distribution and energy transmission are fundamental applications of utility poles that play a crucial role in network maintenance. Countries with higher population density and increasing electricity access rates have been generating higher demand for utility poles.
Based on type the global utility poles market is bifurcated into new deployment and replacement. Currently new deployment segment dominates the market. However, replacement segment is expected to witness increased demand owing to governments initiative to transform the energy sector.
Based on Material, the market is bifurcated into Steel Poles, Wooden Poles, Concrete Poles, Composite Poles. Currently, steel and wood poles segment dominates the market. However, Composite poles segment is expected to witness rapid growth owing to the benefits associated with composite materials.
Based on size, the market is bifurcated into >40 Feet poles, 40-70 Feet poles, Above 70 Feet poles. Currently, XX segment dominates the market, however XX segment is expected to witness high demand during the forecast period
Based on application the market is segmented into Electricity Transmission & Distribution Poles, Street Lighting, Telecommunication, Others. In 2020, Electricity Transmission & Distribution Poles segment dominated the market
For better understanding of the market, the report provides detail analysis for major region and country including North America (US, Canada, rest of North America); Europe (Germany, UK, France, Spain, rest of Europe); Asia-Pacific (China, Japan, India, Australia, Rest of Asia-Pacific) and Rest of World. Currently North America dominated the market and is expected to maintain its dominance throughout the forecast period. However, Asia-Pacific is expected to witness highest CAGR growth during the forecast period.
Some of the major companies operating in the global marine engine market includes Valmont Industries Inc., Stella-Jones, Pelco products Inc., RS Technologies Inc., FUCHS Europoles GmbH, Hill & Smith Holdings PLC, Nippon Concrete Industries Co. Ltd., Skipper Ltd, El Sewedy Electric Company, Omega Factory
Table of Contents
1.
Valmont Industries Inc.
Stella-Jones
Pelco products Inc.
RS Technologies Inc
FUCHS Europoles GmbH
Hill & Smith Holdings PLC
Nippon Concrete Industries Co. Ltd.
Skipper Ltd
El Sewedy Electric Company
Omega Factory