Market Size in 2024 | Market Forecast in 2034 | CAGR (in %) | Base Year |
---|---|---|---|
USD 33.92 Billion | USD 55.57 Billion | 5.06% | 2024 |
FrequentlyAsked Questions
The global utility poles market is expected to grow due to infrastructure development, grid modernization, and increasing electricity distribution and telecommunication needs.
According to a study, the global utility poles market size was worth around USD 33.92 Billion in 2024 and is expected to reach USD 55.57 Billion by 2034.
The global utility poles market is expected to grow at a CAGR of 5.06% during the forecast period.
North America is expected to dominate the utility poles market over the forecast period.
Leading players in the global utility poles market include Valmont Industries, Stella-Jones, Koppers Holdings, Bell Lumber & Pole, McWane Inc., Thomas & Betts Corporation, Omega Pole, Sabre Industries, StressCrete Group, RS Technologies, among others.
The report explores crucial aspects of the utility poles market, including a detailed discussion of existing growth factors and restraints, while also examining future growth opportunities and challenges that impact the market.
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