Global Utility Poles Market is Set to Increase to About USD 70.1 Billion by 2030

The global utility poles market size was nearly USD 46 billion in 2021 and is set to increase to about USD 70.1 billion by 2030 with a compound annual growth rate (CAGR) of nearly 3.8% between 2022 and 2030.

Utility pole is a kind of column or post made up of wood for supporting overhead power lines as well as other public utilities including fiber optic cables, electric cables, transformers, and street lights. In addition to this, utility poles are also referred by hydro poles, telephone poles, transmission poles, and telecommunication poles. Reportedly, utility poles are utilized for carrying two kinds of electric power lines, namely, sub-transmission lines and distribution lines.

The swift growth of the global utility poles industry over the forecast period can be attributed to the surge in use of power, expansion of telecommunication sector, and huge demand for steel as an eco-friendly product. In addition to this, the need for strong utility infrastructure for fulfilling energy requirements of the increasing population has enhanced the demand for utility poles. Apart from this, the massive penetration of utility poles in street lighting, power distribution, and sub-transmission units will boost global utility pole market trends.

However, large-scale use of underground cables and wiring is likely to inhibit the growth of the global industry. Furthermore, the strict execution of laws pertaining to deforestation is projected to prove a big challenge for the global market in the ensuing years. Nonetheless, the evolution of composite utility poles demonstrating excellent features along with their cost-efficiency will offer new growth opportunities for the global market.

The global utility poles market is divided into type, pole size, end-user, and region.  

On basis of type, the global utility poles industry is sectored into transmission poles and distribution poles. Moreover, the distribution poles segment is expected to dominate the growth of the global market in the upcoming years due to the growing demand for power supply with an increasing population.

Based on pole size, the global utility poles market is divided into below 40ft, between 40 & 70ft, and above 70ft. Furthermore, the between 40 & 70ft segment accounted for the highest revenue share of the global market in 2021. The growth of the segment is attributed to the large-scale use of these poles in power distribution and power transmission applications. Furthermore, massive penetration of these poles in the telecom industry will proliferate segmental growth in the years to come. In addition, a rise in broadband users is predicted to enhance the popularity of poles of size between 40 ft and 70 ft.

In terms of end-user, the electricity transmission & distribution segment contributed majorly towards the global market share in 2021. The growth of the segment over the forecasting period can be credited to a rise in the power requirements leading to demand for power-generating activities across the globe.

The North American region is predicted to dominate the global utility poles market share over the next eight years. The growth of the utility poles market in North America can be attributed to rise in usage of electricity in the countries such as the U.S. and Canada leading to rise in the installation of utility poles in the region. Moreover, the growing demand for power supply by various industries and consumers for commercial and residential activities will prompt regional market growth. However, the Asia-Pacific region is predicted to record the fastest growth over the forecast timeline.

The regional market growth can be attributed to the growing demand for utility poles from the telecom sector and the massive demand for electricity due to the rapidly growing population in countries such as India, China, Japan, Thailand, and Indonesia.

Key players profiled in the global utility poles market include Fuchs Europoles Gmbh, Valmont Industries, Pelco Products, Skipper Ltd, Nippon Concrete industries, Omega Factory, Hill & Smith Holdings, Stella-Jones Inc, and RS Technologies INC.

Recent Developments:

• In July 2022, Kansai Electric Power Company in Japan decided to demonstrate smart poles which are its multifunctional utility poles during Expo 2025. Reportedly, these products are undergoing testing and are embedded with next-gen drone functions and it includes lost child search tools. The move will contribute majorly towards the growth of the utility poles market across both Asia and globally.

This review is based on a report by Zion Market Research, titled “Utility Poles Market By Type (Distribution Poles and Transmission Poles), By Pole Size (Below 40ft, Between 40 & 70ft, and Above 70ft), By End-user (Electricity Transmission & Distribution, Telecommunication, Street Lighting, Heavy Power Lines, and Others) and By Region - Global and Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, and Forecasts 2022 – 2030.”- Report at https://www.zionmarketresearch.com/report/utility-poles-market

Global Utility Poles Market segmentation follows

By Type

• Distribution Poles
• Transmission Poles

By Pole-Size

• Below 40ft
• Between 40ft and 70ft
• Above 70ft

By End-use

• Electricity Transmission and distribution
• Telecommunication
• Street lighting
• Heavy Power Lines
• Others

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa

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