Global Utility Poles Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Market Overview

of Global Utility Poles market:
The latest research study on the global Utility Poles market finds that the global Utility Poles market reached a value of USD 45091.62 million in 2022. It’s expected that the market will achieve USD 56237.3 million by 2028, exhibiting a CAGR of 3.75% during the forecast period.

A utility pole is a column or post used to support overhead power lines and various other public utilities, such as electrical cable, fiber optic cable, and related equipment such as transformers and street lights. It can be referred to as a transmission pole, telephone pole, telecommunication pole, power pole, hydro pole, telegraph pole, or telegraph post, depending on its application. A Stobie pole is a multi-purpose pole made of two steel joists held apart by a slab of concrete in the middle, generally found in South Australia.

The epidemic has a certain impact on the industry
The sudden global outbreak of COVID-19 has a great impact on the utility poles industry, and a large number of utility pole manufacturers are under great pressure. There are many factors leading to the trough of utility poles. First, the tightening of the national power grid and the national economic downturn have led to the reduction and delay of the construction of power communication lines, and the slow-sale of cement poles. Affected by the increase in the price of raw materials, the profit of telegraph poles has tightened, and the profit of producing a cement telegraph pole is meager. Secondly, due to strict epidemic prevention and control, most manufacturers are in a state of suspension. Moreover, after the epidemic, land rent and taxation followed. Due to the epidemic, production was suspended for three months. After the epidemic, the utility poles industry experienced a trough.

Increased demand for energy transmission and energy distribution
Some of the factors driving the growth of the utility pole market include the growth of global energy consumption. Utility poles are mainly used to support and connect wires that carry current. Technological progress and the increase in the availability of machinery and electrical appliances have led to an increase in power consumption. At the same time, the access of fixed telephone service, and the popularization and equality method provide broadband service for most residents of the country. All need to be achieved by using telegraph poles. As a result, this leads to an increase in the demand for utility poles, which are used to transmit and distribute electricity to customers. Therefore, energy transmission is the main application of utility poles, and they play an important role in supporting utility infrastructure and meeting demand.

Surging demand, but lack of supervision system
With the construction of power grids in relatively underdeveloped regions in developing countries, the market demand for utility poles has blown out. Due to changes in supply and demand, the barriers to market access have been lowered. Some companies that have never been involved in or were previously engaged in low-end products (utility poles) have also joined the army of national power grid transformation. In a short time, local electric pole production enterprises Sprung. What followed was that many companies due to improper equipment configuration, insufficient management and maintenance capabilities, resulting in the newly put into operation of the equipment soon after the state fell and the product quality could not be guaranteed, and a large number of inferior power poles were applied to overhead transmission and transformation line projects , Leaving a great safety hazard to the operation of the State Grid, but also detrimental to the healthy development of the industry.

Region Overview:
In global comparison, a significant portion of the revenue was generated in Asia Pacific (42.95% in 2021).

Company Overview:
Valmont Utility is one of the major players operating in the Utility Poles market, holding a share of 1.87% in 2022.

Valmont Utility
Valmont Utility designs and manufactures poles, towers, and structures for lighting, communication, and utility markets and provides protective coating services for infrastructure. The Company also manufactures and distributes industrial and agricultural irrigation products in addition to a wide variety of fabricated products for commercial and industrial applications.

Stella-Jones Corporations
Stella-Jones is North America’s leading producer of industrial pressure-treated wood products. Responding to the vital infrastructure needs of its economy, Stella-Jones manufacture and distribute railway ties, utility poles, residential lumber and industrial wood products across the continent.

Segmentation Overview:
As for product types, the Concrete Poles segment held the largest market share in 2021.

Application Overview:
By application, the Subtransmission Lines segment occupied the biggest share from 2017 to 2022.

Power Lines
Overhead power lines are used to transmit and distribute electrical power across long distances, forming a power or national grid. Steel tower structures, pylons or wooden poles suspend electricity-carrying conductors across a range of operating voltages.
Business and residential consumers are normally supplied by high, medium and low voltage lines that are categorized depending on their destinations. High voltage transmission lines are considered to be from 69KV up to around 100KV for bulk transmission to large consumers. Medium voltage sub-transmission lines are between 1KV and 69KV for distribution in urban and rural areas. Low voltage distribution lines are below 1KV and likely destined for residential or small business consumers.

Subtransmission Lines
Subtransmission lines carry voltages reduced from the major transmission line system. Typically, 34.5 kv to 69 kv, this power is sent to regional distribution substations. Sometimes the subtransmission voltage is tapped along the way for use in industrial or large commercial operations.

The report covers a research time span from 2018 to 2029; combines extensive quantitative analysis and exhaustive qualitative analysis; presents not only an overview of the global Utility Poles market in metrics of sales, revenue, growth rate, but also a deeper dive into the segmented market by region, product type and downstream industry, showing the readers a clear and distinct picture of how the market is distributed from different perspectives.

For competitive landscape, prominent players with considerable market shares are comprehensively analyzed in this report. With information regarding the concentration ratio and detailed data reflecting the market performance of each player shared, the readers can acquire a holistic view of the competitive situation and a better understanding of their competitors.

As the COVID-19 takes over the world, we are continuously tracking the changes in the markets. We analyzed the impact of the pandemic in detail, along with other key factors, such as macro-economy, regional conflicts, industry related news and policies. Meanwhile, market investment scenario, technology status and developments, supply chain challenges, among other essential research elements are all covered.

Research Scope
This report provides an overview of the global Utility Poles market and analyzes the segmented market by product type, downstream industry, and region, presenting data points such as sales, revenue, growth rate, explaining the current status and future trends of the Utility Poles and its sub-markets in an intuitive way.

Key Companies in the global Utility Poles market covered in Chapter 3:
Wuxiao Group
Elsewedy Electric
Hidada
Stella-Jones Corporations
FUCHS Europoles
Valmont Utility
Yongda Group
Omega Factory
Skipper Limited
Koppers
Stresscrete Group
KEC International
Pelco Structural
Strongwell
Nippon Concrete Industries

In Chapter 4 and Chapter 14.2, on the basis of types, the Utility Poles market from 2018 to 2029 is primarily split into:
Wood Poles
Concrete Poles
Steel Poles
Fiber-Reinforced Composite (FRC) Poles

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Utility Poles market from 2018 to 2029 covers:
Power Lines
Subtransmission Lines

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:
North America (United States, Canada)

Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)

Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)

Latin America (Brazil, Mexico, Argentina)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)

Key Factors Considered

COVID-19
Amid the COVID-19 crisis, the Utility Poles market has definitely taken a hit. The report describes the market scenario during and post the pandemic in the vision of upstream raw materials, major market participants, downstream major customers, etc. Other aspects, such as changes in consumer behavior, demand, transport capacity, trade flow under COVID-19, have also been taken into consideration during the process of the research.

Regional Conflict / Russia-Ukraine War
The report also presents the impact of regional conflict on this market in an effort to aid the readers to understand how the market has been adversely influenced and how it’s going to evolve in the years to come.

Challenges & Opportunities
Factors that may help create opportunities and boost profits for market players, as well as challenges that may restrain or even pose a threat to the development of the players, are revealed in the report, which can shed a light on strategic decisions and implementation.

Chapter Outline

Chapter 1 starts the report with a brief overview of the research scope, as well as the definitions of the target market and the subdivisions.

Chapter 2 integrates and sketches the research findings and conclusions in a clear and explicit way.

Chapter 3 presents the competitive landscape by displaying the sales, revenue, and market shares of the top players. It also profiles the major market participants with their business introductions, sales, price, revenue, gross, growth rates, etc.

Chapter 4 breaks down the market by different product types and shares data correspondingly with the aim of helping the readers know how the market is distributed by type.

Chapter 5 segments the market by downstream industry, with data covers sales, revenue, and growth rate tracing back to 2018.

Chapter 6 is the analysis of the whole market industrial chain, ranging from upstream raw materials to downstream customers, with regional conflicts taken into consideration.

Chapter 7 elaborates on market dynamics. Factors that drive, challenge, or restrain the market are all listed, together with industry news, opportunities, impacts of COVID-19, and SWOT analysis.

Chapter 8 shows the breakdown data at the regional level, which enables the readers to picture the regional competitive pattern of the market and learn about the revenue, sales, and market share of all the major regions.

Chapter 9-13 focus on each and every of the major region, specifically, North America, Europe, Asia Pacific, Latin America, Middle East & Africa. Sales, price, revenue, gross, gross margin, among others, will be all be presented.

Chapter 14 forecasts the future trend of the market not only as a whole but also from the perspective of all segments.

Years considered for this report:

Historical Years:

2018-2022

Base Year:

2022

Estimated Year:

2023

Forecast Period:

2023-2029