Global Utility Poles Market Size & Outlook, 2024-2030
Global utility poles market, 2018-2030 (US$M)
Related Markets
Global utility poles market highlights
- The global utility poles market generated a revenue of USD 57,658.4 million in 2023 and is expected to reach USD 75,883.9 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 4% by 2030.
- In terms of segment, transmission & distribution pole accounted for a revenue of USD 38,056.5 million in 2023.
- Light Pole is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2023.
- Country-wise, Nigeria is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 57,658.4 million |
| Market revenue in 2030 | USD 75,883.9 million |
| Growth rate | 4% (CAGR from 2024 to 2030) |
| Largest segment | Transmission & distribution pole |
| Fastest growing segment | Light Pole |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Transmission & Distribution Pole, High Mast Pole, Light Pole, Monopole |
Other key industry trends
- In terms of revenue, the North America accounted for 21.1% of the global utility poles market in 2023.
- By country, the China is projected to lead the global market in terms of revenue in 2030.
- By country, Nigeria is the fastest growing regional market and is projected to reach USD 289.4 million by 2030.
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Utility Poles Market Scope
Utility Poles Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Foresite Group | View profile | 101-250 | Peachtree City, Georgia, United States, North America | https://www.foresitegroup.net |
| Sabre Industries | View profile | 5001-10000 | Alvarado, Texas, United States, North America | http://www.sabreindustries.com |
| Jyoti Structures | View profile | 1001-5000 | Mumbai, Maharashtra, India, Asia | http://www.jyotistructures.in |
| AISHA STEEL MILLS LTD | View profile | 251-500 | Karachi, Sindh, Pakistan, Asia | https://www.aishasteel.com/ |
| Stella Jones | View profile | 1001-5000 | Saint-laurent, Quebec, Canada, North America | http://www.stella-jones.com |
| Omega Company | View profile | 251-500 | Riyadh, Ar Riyad, Saudi Arabia, Asia | https://omega-abahsain.com |
| New Forests | View profile | 11-50 | Sydney, New South Wales, Australia, Oceania | http://www.newforests.com.au/ |
| HAS Engineering | View profile | 51-100 | Cairo, Al Qahirah, Egypt, Africa | http://www.has-engineering.com |
| Bell Lumber & Pole | View profile | 51-100 | New Brighton, Pennsylvania, United States, North America | http://www.blpole.com/ |
| American Timber and Steel Co. | View profile | 51-100 | Norwalk, Ohio, United States, North America | https://www.americantimberandsteel.com |
| Orbix | View profile | 11-50 | Genk, Limburg, Belgium, Europe | https://www.orbix.be/ |
| Energya Group | View profile | 1001-5000 | Heliopolis, Al Qahirah, Egypt, Africa | http://www.energya.com |
| Al-Babtain | View profile | 1001-5000 | Riyadh, Ar Riyad, Saudi Arabia, Asia | http://www.al-babtain.com.sa |
| Kec | View profile | 5001-10000 | Worli, Maharashtra, India, Asia | https://www.kecrpg.com/ |
| Valmont Industries Inc | View profile | 11125 | 15000 Valmont Plaza, Omaha, NE, United States, 68154-5215 | https://www.valmont.com |
| Nippon Steel Corp | View profile | 121990 | 6-1, Marunouchi 2-chome, Chiyoda-ku, Tokyo, Japan, 100-8071 | https://www.nipponsteel.com |
| Tata Steel Ltd GDR - 144A | View profile | 73496 | 24 Homi Mody Street, Bombay House, Fort, Mumbai, MH, India, 400 001 | https://www.tatasteel.com |
Global utility poles market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to utility poles market will help companies and investors design strategic landscapes.
Transmission & distribution pole was the largest segment with a revenue share of 66% in 2023. Horizon Databook has segmented the Global utility poles market based on transmission & distribution pole, high mast pole, light pole, monopole covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Utility Poles Product Outlook (Revenue, USD Million, 2018-2030)
- Transmission & Distribution Pole
- Steel
- Wood
- Concrete
- Composite
- High Mast Pole
- Light Pole
- Monopole
- Others
- Transmission & Distribution Pole
- Global Utility Poles Material Outlook (Revenue, USD Million, 2018-2030)
- Steel
- Wood
- Concrete
- Composite
- Global Utility Poles Application Outlook (Revenue, USD Million, 2018-2030)
- Others
- Electricity Distribution
- Lighting
- Telecommunication
- Electricity Transmission
- Global Utility Poles Size Outlook (Revenue, USD Million, 2018-2030)
- 15 M to 24 M
- Above 24 M
- Less than 6 M
- 6 M to 15 M
- Global Utility Poles End Use Outlook (Revenue, USD Million, 2018-2030)
- New Installations
- Replacement
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Horizon Databook provides a detailed overview of global-level data and insights on the Global utility poles market , including forecasts for subscribers. This global databook contains high-level insights into Global utility poles market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global utility poles market size, by regions, 2018-2030 (US$M)
Top 10 countries: Utility poles market size, 2023 (US$M)
Global utility poles market share, by product, 2023 & 2030 (%, US$M)
Utility poles market: Opportunity assessment by country
Global utility poles market, by region, 2023 (US$M)
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