Latest News- Utility Poles Market: Distribution poles is expected to lead the Type segment during 2025-2029

The Utility Poles Market is being driven by Growing focus on energy efficiency

The Utility Poles Market is expected to grow at a CAGR of 3.4% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 9012 million. The global demand for electricity has experienced significant growth due to population expansion and the accelerated pace of urbanization and industrialization. Urban growth necessitates electrification, leading to investments in new power generation facilities and the expansion of existing networks. Industrialization, a key indicator of economic development, is closely linked to urbanization. As urban populations rise, so too will the demand for industrial activities, which in turn necessitates the establishment of new manufacturing plants and the expansion of existing ones. This surge in industrial activities will result in increased electricity consumption, further strengthening the importance of a robust power distribution network in supporting economic progress. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• Type
  • Distribution poles
  • Transmission poles
• Material
  • Steel
  • Concrete
  • Composite
  • Wood
• Application
  • Transmission line
  • Distribution line
  • Telecommunication
  • Others
• Geography
  • APAC
    • China
    • India
    • Japan
    • South Korea
  • North America
    • Canada
    • US
  • Europe
    • Germany
    • UK
    • France
  • South America
  • Middle East and Africa

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Growing focus on energy efficiency
• Significant expansion of telecommunication industry across globe
• Growing electricity transmission infrastructure

However, the market also witnesses some limitations, which are as follows:

• Government regulations and industry standards
• Rise in trend for underground cables and wiring network
• High costs for utility poles installation

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Market Scope in Utility Poles Market Research Report

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Research Analysis Overview

The Utility Poles Market encompasses various aspects of pole manufacturing, supply chain, and logistics. Key considerations include pole recycling and disposal, as well as the pole's life cycle and performance. Pole features such as corrosion resistance, fire resistance, and weather resistance are crucial, along with seismic resistance, load capacity, and strength. Pole testing equipment and inspection methods are essential for ensuring pole quality, while grounding, lightning protection, insulation, coating, and finishing enhance pole durability. Regular maintenance and replacement criteria are vital for optimal performance and safety.

Market Research Overview

The global heavy electrical equipment market, encompassing power poles, transmission poles, distribution poles, telephone poles, wood poles, steel poles, and concrete poles, is a significant sector within the larger global heavy electrical equipment industry. This market serves the demands of the energy sector and other industries, including mining, oil and gas, and power. The market's size is determined by the consolidated revenue generated by manufacturers of electrical components and equipment, such as electric cables, wires, and heavy electrical equipment. The market's expansion will be fueled by the increasing frequency of power outages due to natural disasters in regions like the Middle East and Africa, Europe, and Asia-Pacific, which are prone to extreme weather conditions such as floods, earthquakes, and annual droughts.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
Media & Marketing Executive
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UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/