Middle East & Africa Utility Poles Market Size & Outlook
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MEA utility poles market highlights
- The MEA utility poles market generated a revenue of USD 4,446.5 million in 2023.
- The market is expected to grow at a CAGR of 4.8% from 2024 to 2030.
- In terms of segment, transmission & distribution pole was the largest revenue generating product in 2023.
- Light Pole is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Nigeria is expected to register the highest CAGR from 2024 to 2030.
MEA data book summary
| Market revenue in 2023 | USD 4,446.5 million |
| Market revenue in 2030 | USD 6,205.2 million |
| Growth rate | 4.8% (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 |
| Key market players worldwide | Al-Babtain, American Timber and Steel Co., Bell Lumber & Pole, Energya Group, HAS Engineering, New Forests, Omega Company, Orbix, Stella Jones, Valmont Industries Inc, Kec, AISHA STEEL MILLS LTD, Nippon Steel Corp, Tata Steel Ltd GDR - 144A, Jyoti Structures, Sabre Industries, Foresite Group |
Other key industry trends
- In terms of revenue, MEA region accounted for 7.7% of the global utility poles market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 36,086.9 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 |
Middle East & Africa 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 66.89% in 2023. Horizon Databook has segmented the Middle East & Africa 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.
The primary driver is the ongoing effort to expand and modernize electricity infrastructure across the MEA region. As countries focus on industrialization and urbanization to foster economic growth, there is an increasing need to develop and upgrade the existing electricity networks to support burgeoning urban populations and industrial demands.
This includes the installation of new utility poles and the refurbishment of old poles to ensure the reliability and safety of the power supply. Nations such as Saudi Arabia and the UAE have set ambitious renewable energy targets to diversify their energy mix away from hydrocarbons and reduce carbon emissions.
This shift toward renewable energy, including solar and wind projects, necessitates the expansion of transmission and distribution networks. Consequently, there is an increased demand for utility poles to connect these new energy sources to the grid.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa utility poles market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa utility poles market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA utility poles market size, by country, 2018-2030 (US$M)
Middle East & Africa Utility Poles Market Outlook Share, 2023 & 2030 (US$M)
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