Utility Poles Market By Product Type (Transmission Poles, Distribution Poles), By Material (Concrete, Wood, Steel, Composites), By Pole Size (Less Than 40 Ft, Between 40 & 70 Ft, More than 70 Ft), By Application (Electricity Transmission & Distribution, Telecommunication, Street Lighting, Heavy Power Lines, Sub Transmission Lines, Others) and Region (North Americas, South Americas, Central & Caribbean Americas) - Americas Industry Analysis, Growth, Share, Size, Trends, and Forecast 2020 – 2027
The Americas utility poles market size was valued at USD 13,360.7 Million in 2019 and is projected to reach USD 19,171.7 Million by 2027 expanding at a CAGR of 4.9% during the forecast period.
Utility pole is a post or column used to support various overhead powerlines, wires, and several instruments such as transformers, conductors, cable, for transmission and distribution of electricity. Utility poles are also used as street lights poles. It is also refereed as electric pole, telegraph pole, power pole, telephone pole as per its application.
Utility poles are also used for carrying high voltage power lines and sub transmission lines between substations and power stations, it also carries the distribution lines which distribute low voltage power to customers. Utility poles are made up of different materials such as wood, steel, concrete, and composite. Wood is used since decades as a most preferred raw material for construction of utility poles.
Conversely, steel and composite is widely accepted material for constructing utility poles. Steel, concrete and composite are stronger and more durable than wood, but these material account for higher cost. The maintenance of steel poles is very less than compared to others.
Americas Utility Poles Market Dynamics
The market is driven by factors such growing consumption of energy, continuous advances and growth of telecommunications industry, and increasing application of utility poles, in power supply, telecommunication and street lightning, and advancements in material used for manufacturing utility poles.
Moreover, increasing technological advancement and availability of machineries and electrical appliances has led to increase the consumption of electricity. This in turn has led to increase in the demand for utility poles as they are used for transmission and distribution of electricity to its customers.
Americas Utility Poles Market Segment Insights
Product Type Segment Analysis
Based on product type, the Americas utility poles market is bifurcated into transmission poles, and distribution poles. The distribution poles segment is expected to hold significant share of the market, owing to increasing demand for electricity distribution in Americas. The energy production activities are increasing in the U.S. due to the rising electricity demand from industrial and commercial sector.
The transmission poles segment is anticipated to expand at substantial CAGR during the forecast period. The transmission poles are used to carry high voltage power across the country. Increasing use of consumer durables and electrical appliances. Rise in demand for energy by residential, commercial, and industrial sectors are some of the major factors fueling the demand for distribution and transmission poles.
Growing demand for electricity in the Americas has led to upgradation of several transmission and distribution (T&D) projects for improving the transmission network with ultra-high voltage technologies. Moreover, the technological advancements in installation, material and manufacturing of utility pole and presence of several key players are projected to boost the growth of the market in future.
Material Segment Analysis
Based on material, the Americas utility poles market is segregated into concrete, wood, steel, and composite. The wood segment is expected to hold significant share of the market, owing to increasing usage of wood for utility poles. Wood is one of the cheap and readily available material. Jack Pine, Douglas fir, Lodgepole Pine, and Pacific Silver Fir are some of the common trees widely preferred to make utility poles.
The steel segment is expected to accelerate at substantial CAGR during the forecast period, owing to increasing adoption of steel utility poles. Maintenance of steel utility poles is very less and steel poles offers several benefits such as high strength, resistant to rot, fire, insects makes it suitable for constructing utility poles. Steel and wooden poles are the widely used material for utility poles, whereas concrete and composites are moderately used materials.
Increasing number of transmission and distribution poles in the countries has led to rise in adoption of steel utility poles as it does not require regular maintenance and offer longer life span. Increasing preference towards low maintenance utility poles is expected to increase during the forecast period. This in turn is expected to boost the demand for steel, concrete and composite material in future, it is also expected to create lucrative opportunities in the market for manufacturers of utility poles.
Pole Size Segment Analysis
On the basis of pole size, the Americas utility poles market is classified as Less Than 40 Ft, Between 40 & 70 Ft, More than 70 Ft. The pole size between 40 & 70 Ft segment is expected to hold significant share of the market, owing to increasing installation of utility poles of medium size. Utility poles size between 40 & 70 Ft segment is usually used as transmission and distribution poles.
The utility poles size more than 70 Ft segment is expected to accelerate at substantial CAGR during the forecast period, owing to increasing adoption of utility poles in places such as wildlife sanctuaries. Increasing adoption of lower pole size less than 40 Ft as distribution poles for distributing lower voltage power in the region is expected to boost the less than 40Ft segment market growth.
Growing demand for various sizes of utility poles for different applications is expected to boost the demand for utility poles with different size and diameter in future, it is also expected to create lucrative opportunities in the utility poles market.
Application Segment Analysis
In terms of application, the Americas utility poles market is classified as electricity transmission and distribution, telecommunication, street lighting, heavy power lines, sub transmission lines, and others. The electricity transmission segment is expected to hold significant share of the market, owing to increasing demand of energy across the country for several residential and commercial applications.
Rising investments in the energy and power sector in the U.S. is expected to propel the demand for utility poles used for transmission and distribution of electricity. Moreover, rapid urbanization and improvements in transmission and distribution of electricity, rise in demand for telecommunications poles for exchange of information, and increasing demand for sub transmission lines is one of the major factors expected to drive the market growth in the region.
Rise in installation of street lights for improving the visibility and improve safety has led to rise the demand for poles used for street lighting. Utility poles are also used for various other applications such as heavy power lines, and transmission lines.
This in turn is expected to boost the demand for utility poles. Replacements of older poles with advanced one, construction of roads and highways, increasing population are some of the major factors anticipated to propel the market demand for utility poles and create several opportunities in the market.
Regional Analysis
Based on region, the Americas utility poles market is classified as North Americas, South Americas, Central Americas and Caribbean. North Americas is expected to hold significant share of the market, owing to increasing demand for utility poles in U.S. for transmission and distribution of electricity. Growing investments in the energy and power sector is expected to propel the demand for utility poles used for transmission and distribution of power.
Urbanization, industrialization and rapid technological advancement had led to increase the need of utility poles in the region. South Americas is expected to expand at substantial CAGR during the forecast period, owing to increasing application of utility poles for installation of street lights for improving illumination and increase road safety is expected to boost the demand for utility poles.
Continuous development of the utility pole is due to a rise in electricity consumption in the region, this has increased the number of utility poles (including power poles, telecommunication poles, heavy power lines, and sub transmission lines. This in turn is propelling the market growth in the region.
Key Benefits for Industry Participants & Stakeholders
- In-depth Analysis of the Americas Utility Poles Market
- Historical, Current and Projected Market Size in terms of Value and Volume
- Potential & Niche Segments and Regions Exhibiting Promising Growth Covered
- Industry Drivers, Restraints and Opportunities Covered in the Study
- Recent Industry Trends and Developments
- Competitive Landscape & Strategies of Key Players
- Neutral Perspective on Americas Utility Poles Market Performance
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Utility Poles Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Utility Poles Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Utility Poles Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Utility Poles Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 America Utility Poles Market Size & Forecast, 2017-2027
4.5.1 Utility Poles Market Size and Y-o-Y Growth
4.5.2 Utility Poles Market Absolute $ Opportunity
4.6 Energy Demand Outlook By Region
4.7 Corrosion Control Methods Being Adopted
Chapter 5 America Utility Poles Market Analysis and Forecast By Product Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities By Product Type
5.1.2 Basis Point Share (BPS) Analysis By Product Type
5.1.3 Absolute $ Opportunity Assessment By Product Type
5.2 Utility Poles Market Size Forecast By Product Type
5.2.1 Transmission poles
5.2.2 Distribution poles
5.3 Market Attractiveness Analysis By Product Type
Chapter 6 America Utility Poles Market Analysis and Forecast By Material
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities By Material
6.1.2 Basis Point Share (BPS) Analysis By Material
6.1.3 Absolute $ Opportunity Assessment By Material
6.2 Utility Poles Market Size Forecast By Material
6.2.1 Concrete
6.2.2 Wood
6.2.3 Steel
6.2.4 Composites
6.3 Market Attractiveness Analysis By Material
Chapter 7 America Utility Poles Market Analysis and Forecast By Pole Size
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities By Pole Size
7.1.2 Basis Point Share (BPS) Analysis By Pole Size
7.1.3 Absolute $ Opportunity Assessment By Pole Size
7.2 Utility Poles Market Size Forecast By Pole Size
7.2.1 Less Than 40 Ft
7.2.2 Between 40 & 70 Ft
7.2.3 More than 70 Ft
7.3 Market Attractiveness Analysis By Pole Size
Chapter 8 America Utility Poles Market Analysis and Forecast By Application
8.1 Introduction
8.1.1 Key Market Trends & Growth Opportunities By Application
8.1.2 Basis Point Share (BPS) Analysis By Application
8.1.3 Absolute $ Opportunity Assessment By Application
8.2 Utility Poles Market Size Forecast By Application
8.2.1 Electricity Transmission & Distribution
8.2.2 Telecommunication
8.2.3 Street Lighting
8.2.4 Heavy Power Lines
8.2.5 Sub Transmission Lines
8.2.6 Others
8.3 Market Attractiveness Analysis By Application
Chapter 9 America Utility Poles Market Analysis and Forecast by Region
9.1 Introduction
9.1.1 Key Market Trends & Growth Opportunities by Region
9.1.2 Basis Point Share (BPS) Analysis by Region
9.1.3 Absolute $ Opportunity Assessment by Region
9.2 Utility Poles Market Size Forecast by Region
9.2.1 North America
9.2.2 South America
9.2.3 Central & Caribbean America
9.3 Market Attractiveness Analysis by Region
Chapter 10 Coronavirus Disease (COVID-19) Impact
10.1 Introduction
10.2 Current & Future Impact Analysis
10.3 Economic Impact Analysis
10.4 Government Policies
10.5 Investment Scenario
Chapter 11 North America Utility Poles Analysis and Forecast
11.1 Introduction
11.2 North America Utility Poles Market Size Forecast by Country
11.2.1 U.S.
11.2.2 Canada
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 North America Utility Poles Market Size Forecast By Product Type
11.6.1 Transmission poles
11.6.2 Distribution poles
11.7 Basis Point Share (BPS) Analysis By Product Type
11.8 Absolute $ Opportunity Assessment By Product Type
11.9 Market Attractiveness Analysis By Product Type
11.10 North America Utility Poles Market Size Forecast By Material
11.10.1 Concrete
11.10.2 Wood
11.10.3 Steel
11.10.4 Composites
11.11 Basis Point Share (BPS) Analysis By Material
11.12 Absolute $ Opportunity Assessment By Material
11.13 Market Attractiveness Analysis By Material
11.14 North America Utility Poles Market Size Forecast By Pole Size
11.14.1 Less Than 40 Ft
11.14.2 Between 40 & 70 Ft
11.14.3 More than 70 Ft
11.15 Basis Point Share (BPS) Analysis By Pole Size
11.16 Absolute $ Opportunity Assessment By Pole Size
11.17 Market Attractiveness Analysis By Pole Size
11.18 North America Utility Poles Market Size Forecast By Application
11.18.1 Electricity Transmission & Distribution
11.18.2 Telecommunication
11.18.3 Street Lighting
11.18.4 Heavy Power Lines
11.18.5 Sub Transmission Lines
11.18.6 Others
11.19 Basis Point Share (BPS) Analysis By Application
11.20 Absolute $ Opportunity Assessment By Application
11.21 Market Attractiveness Analysis By Application
Chapter 12 South America Utility Poles Analysis and Forecast
12.1 Introduction
12.2 South America Utility Poles Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Argentina
12.2.3 Venezuela
12.2.4 Chile
12.2.5 Rest of South America
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 South America Utility Poles Market Size Forecast By Product Type
12.6.1 Transmission poles
12.6.2 Distribution poles
12.7 Basis Point Share (BPS) Analysis By Product Type
12.8 Absolute $ Opportunity Assessment By Product Type
12.9 Market Attractiveness Analysis By Product Type
12.10 South America Utility Poles Market Size Forecast By Material
12.10.1 Concrete
12.10.2 Wood
12.10.3 Steel
12.10.4 Composites
12.11 Basis Point Share (BPS) Analysis By Material
12.12 Absolute $ Opportunity Assessment By Material
12.13 Market Attractiveness Analysis By Material
12.14 South America Utility Poles Market Size Forecast By Pole Size
12.14.1 Less Than 40 Ft
12.14.2 Between 40 & 70 Ft
12.14.3 More than 70 Ft
12.15 Basis Point Share (BPS) Analysis By Pole Size
12.16 Absolute $ Opportunity Assessment By Pole Size
12.17 Market Attractiveness Analysis By Pole Size
12.18 South America Utility Poles Market Size Forecast By Application
12.18.1 Electricity Transmission & Distribution
12.18.2 Telecommunication
12.18.3 Street Lighting
12.18.4 Heavy Power Lines
12.18.5 Sub Transmission Lines
12.18.6 Others
12.19 Basis Point Share (BPS) Analysis By Application
12.20 Absolute $ Opportunity Assessment By Application
12.21 Market Attractiveness Analysis By Application
Chapter 13 Central & Caribbean America Utility Poles Analysis and Forecast
13.1 Introduction
13.2 Central & Caribbean America Utility Poles Market Size Forecast by Country
13.2.1 Mexico
13.2.2 Puerto Rico
13.2.3 Cuba
13.2.4 Dominican Republic
13.2.5 Rest of Central & Caribbean America
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Central & Caribbean America Utility Poles Market Size Forecast By Product Type
13.6.1 Transmission poles
13.6.2 Distribution poles
13.7 Basis Point Share (BPS) Analysis By Product Type
13.8 Absolute $ Opportunity Assessment By Product Type
13.9 Market Attractiveness Analysis By Product Type
13.10 Central & Caribbean America Utility Poles Market Size Forecast By Material
13.10.1 Concrete
13.10.2 Wood
13.10.3 Steel
13.10.4 Composites
13.11 Basis Point Share (BPS) Analysis By Material
13.12 Absolute $ Opportunity Assessment By Material
13.13 Market Attractiveness Analysis By Material
13.14 Central & Caribbean America Utility Poles Market Size Forecast By Pole Size
13.14.1 Less Than 40 Ft
13.14.2 Between 40 & 70 Ft
13.14.3 More than 70 Ft
13.15 Basis Point Share (BPS) Analysis By Pole Size
13.16 Absolute $ Opportunity Assessment By Pole Size
13.17 Market Attractiveness Analysis By Pole Size
13.18 Central & Caribbean America Utility Poles Market Size Forecast By Application
13.18.1 Electricity Transmission & Distribution
13.18.2 Telecommunication
13.18.3 Street Lighting
13.18.4 Heavy Power Lines
13.18.5 Sub Transmission Lines
13.18.6 Others
13.19 Basis Point Share (BPS) Analysis By Application
13.20 Absolute $ Opportunity Assessment By Application
13.21 Market Attractiveness Analysis By Application
Chapter 14 Competition Landscape
14.1 Utility Poles Market: Competitive Dashboard
14.2 America Utility Poles Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 A Meredith Schneider Co
14.3.2 Ace Pole Co. Inc
14.3.3 Bell Lumber & Pole
14.3.4 Creative Pultrusions, Inc
14.3.5 Finntrepo Ltd
14.3.6 Grupo Atlas Postes de Concreto
14.3.7 NELLO
14.3.8 Pelco products Inc.
14.3.9 RS Technologies Inc.
14.3.10 SAE Towers
14.3.11 Stella-Jones
14.3.12 StressCrete Group
14.3.13 Valmont Industries Inc
14.3.14 Valmont Polska Sp. z o.o.
14.3.15 Western Utility Telecom, Inc.