The global utility pole market is expected to reach an estimated $49.9 billion by 2023 with a CAGR of 4.2% from 2018 to 2023
NEW YORK, Fev. 5, 2018 /PRNewswire/ -- Read the full report: https://www.reportlinker.com/p05308383
The future of the utility pole market looks good with opportunities in the transmission and distribution sectors. The global utility pole market is expected to reach an estimated $49.9 billion by 2023 with a CAGR of 4.2% from 2018 to 2023. The major growth drivers for this market are increasing power generation capacity, growing transmission and distribution infrastructure, and replacement of aging existing networks.
Emerging trends, which have a direct impact on the dynamics of the utility pole industry, include wider use of transmission monopoles, increased usage of composite poles in transmission and distribution, increased usage of polyurethane coatings, and hot dip galvanizing of steel utility poles.
Utility Pole Market Trends Utility Pole Market Forecast
Growth Opportunities for the Global Utility Pole by Region
The study includes the market size and forecast for the global utility pole market through 2023, segmented by application type, material, size, and region, as follows:
Utility Pole Market by Application Type ($ Million from 2012 to 2023)
Transmission Pole
Distribution Pole
Utility Pole Market by Material Type ($ Million from 2012 to 2023)
Steel Pole
Wooden Pole
Concrete Pole
Composite Pole
Utility Pole Market by Size ($ Million from 2012 to 2023)
Below 40ft 40ft -70ft
Above 70ft
Utility Pole Market by Region ($ Million from 2012 to 2023)
North America
Europe
Asia Pacific
The Rest of the World
Some of the utility pole companies profiled in this report are Valmont Inc., Skipper Ltd. KEC International, Stella Jones, Europoles GmbH, Eleswedy Electric, RS Technologies Inc., and Nippon Concrete Industries Co. Ltd.
Lucintel forecasts that the distribution pole market is expected to remain the largest segment over the forecast period.
Within the utility pole market, the steel pole segment is expected to remain the largest segment by material type due to the low maintenance and high durability. Lucintel projects that the composite pole segment will experience the highest growth rate during the forecast period.
APAC is expected to witness the highest growth over the forecast period due to major investments in the power sector and improvement in the transmission and distribution network in developing nations, such as China and India.
Some of the features of "Utility Pole Market Report: Trends, Forecast and Competitive Analysis" include:
Market size estimates: Global utility pole market size estimation in terms of value ($M) shipment.
Trend and forecast analysis: Market trend (2012-2017) and forecast (2018-2023) by segments and region.
Segmentation analysis: Global utility pole market size by various applications such as application, material, and size in terms of value and volume shipment.
Regional analysis: Global utility pole market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
Growth opportunities: Analysis on growth opportunities in different applications and regions of utility pole in the global utility pole market.
Strategic analysis: This includes M&A, new product development, and competitive landscape of utility pole in the global utility pole market. Analysis of competitive intensity of the industry based on Porter's Five Forces model.
This report answers the following key questions:
Q.1. What are some of the most promising, high-growth opportunities for the utility pole market by application type (transmission pole and distribution pole), by material (steel pole, wooden pole, concrete pole and composite pole), size (below 40ft, 40ft-70ft, and above 70ft), 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. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this utility pole market?
Q.5. What are the business risks and competitive threats in this utility pole market?
Q.6. What are the emerging trends in this utility pole market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the utility pole market?
Q.8. Who are the major players in this utility pole market? What strategic initiatives are key players pursuing for business growth?
Q.9. What are some of the competing products in this utility pole market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.10. What M&A activity has occurred in the last 5 years and what has its impact been on the utility pole industry?
Read the full report: https://www.reportlinker.com/p05308383
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