Market Overview:
The global steel electricity poles market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for steel electricity poles from the distribution lines and transmission lines applications across different regions. Steel is a preferred material for manufacturing electricity poles as it offers high strength-to-weight ratio, corrosion resistance, and durability in extreme weather conditions. Based on type, the global steel electricity poles market can be segmented into less than 40ft, 40-80ft, and more than 80ft segments. The less than 40ft segment is expected to account for a major share of the global market in 2018 owing to its low installation cost and easy transportation & handling. However, this segment is projected to witness a slower growth rate during the forecast period due to increasing preference for taller pole heights by electric utilities worldwide. On basis of application, the global steel Electricity Poles Market can be divided into distribution lines and transmission lines segments. The distribution line application segment accounted for majority share of the total market in 2017 and is projected grow at highest CAGR over next 10 years owing rising demand from developing countries such as India & China .
Product Definition:
-To provide support for electrical wires.
-To ensure that electrical wires are not damaged.
-To keep people safe from coming into contact with electrical wires.
Less than 40ft:
The global less than 40ft it's usage and growth factor in steel electricity poles market size was valued at USD 1.34 billion in 2016. The growing demand for renewable energy coupled with the depletion of fossil fuel reserves is expected to drive industry growth over the forecast period.
The rapid development of infrastructure across emerging economies such as India, China, and Brazil has been one of the major factors driving product demand globally.
40-80ft:
40-80ft is the range of steel electricity poles which are used for power transmission and distribution. It has a diameter between 40 to 80 feet, depending on the location and application. They are manufactured using high strength steel with an average lifespan of more than 20 years. The material is either hot-dipped galvanized or electro Galvanized (EG).
Application Insights:
The distribution lines segment accounted for the largest revenue share in 2016 and is projected to witness significant growth over the forecast period. The increasing demand for electricity poles on account of rising urbanization is expected to drive their demand in the future.
Transmission lines are widely used across various applications such as power generation, oil & gas and mining sectors. These products are manufactured using high strength steel that can withstand extreme mechanical stress without getting damaged or fatigued. They also provide enhanced electrical conductivity resulting in efficient transmission of electric current across long distances which further drives their demand globally.
Regional Analysis:
Asia Pacific dominated the global steel electricity poles market in 2017 and is expected to continue its dominance over the next eight years. The region accounted for a share of more than 45% in 2017 owing to increasing demand from developing countries such as China, India, Indonesia, Vietnam and Thailand. In addition, rising investments by foreign players are anticipated to fuel industry growth over the forecast period. For instance; In 2016-2017; South Korea based LG Electronics invested USD X million for setting up a plant that will manufacture electric poles across Asia Pacific region.
The Middle East & Africa is projected to grow at an exponential rate of 7% during the forecast period due to rapid development along with increasing government initiatives towards electrification projects especially in African countries such as Ethiopia and Kenya among others which will lead to increased demand for steel electricity poles over the coming years.
Growth Factors:
- Increasing demand for electricity due to population growth and industrialization
- Government initiatives for rural electrification
- Replacement of aging infrastructure
- Development of smart grids and electric vehicles
- Growing demand from developing countries
Scope Of The Report
Report Attributes
Report Details
Report Title
Steel Electricity Poles Market Research Report
By Type
Less than 40ft, 40-80ft, More than 80ft
By Application
Distribution Lines, Transmission Lines
By Companies
Valmont Industries, TAPP, Meyer Utility Structures, DAJI Towers, KEC International, Fengfan Power, Al-Babtain, Pelco Structural, Dingli, Hidada, Europoles, Nello Corporation, Debao Tower, Jiangsu Baojuhe, Western Utility Telecom
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
244
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Steel Electricity Poles Market Report Segments:
The global Steel Electricity Poles market is segmented on the basis of:
Types
Less than 40ft, 40-80ft, More than 80ft
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Distribution Lines, Transmission Lines
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Valmont Industries
- TAPP
- Meyer Utility Structures
- DAJI Towers
- KEC International
- Fengfan Power
- Al-Babtain
- Pelco Structural
- Dingli
- Hidada
- Europoles
- Nello Corporation
- Debao Tower
- Jiangsu Baojuhe
- Western Utility Telecom
Highlights of The Steel Electricity Poles Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Less than 40ft
- 40-80ft
- More than 80ft
- By Application:
- Distribution Lines
- Transmission Lines
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Steel Electricity Poles Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Steel electricity poles are a type of steel infrastructure that is used to support the electrical grid. They are made out of high-quality, durable steel and can withstand a lot of wear and tear. Steel electricity poles are an important part of the electrical grid, as they help distribute power to homes and businesses across the country.
Some of the major companies in the steel electricity poles market are Valmont Industries, TAPP, Meyer Utility Structures, DAJI Towers, KEC International, Fengfan Power, Al-Babtain, Pelco Structural, Dingli, Hidada, Europoles, Nello Corporation, Debao Tower, Jiangsu Baojuhe, Western Utility Telecom.
The steel electricity poles market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Steel Electricity 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 Steel Electricity Poles Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Steel Electricity 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 Steel Electricity 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 Global Steel Electricity Poles Market Size & Forecast, 2018-2028
4.5.1 Steel Electricity Poles Market Size and Y-o-Y Growth
4.5.2 Steel Electricity Poles Market Absolute $ Opportunity
Chapter 5 Global Steel Electricity Poles Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Steel Electricity Poles Market Size Forecast by Type
5.2.1 Less than 40ft
5.2.2 40-80ft
5.2.3 More than 80ft
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Steel Electricity Poles Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Steel Electricity Poles Market Size Forecast by Applications
6.2.1 Distribution Lines
6.2.2 Transmission Lines
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Steel Electricity Poles Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Steel Electricity Poles Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Steel Electricity Poles Analysis and Forecast
9.1 Introduction
9.2 North America Steel Electricity Poles Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Steel Electricity Poles Market Size Forecast by Type
9.6.1 Less than 40ft
9.6.2 40-80ft
9.6.3 More than 80ft
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Steel Electricity Poles Market Size Forecast by Applications
9.10.1 Distribution Lines
9.10.2 Transmission Lines
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Steel Electricity Poles Analysis and Forecast
10.1 Introduction
10.2 Europe Steel Electricity Poles Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Steel Electricity Poles Market Size Forecast by Type
10.6.1 Less than 40ft
10.6.2 40-80ft
10.6.3 More than 80ft
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Steel Electricity Poles Market Size Forecast by Applications
10.10.1 Distribution Lines
10.10.2 Transmission Lines
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Steel Electricity Poles Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Steel Electricity Poles Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
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 Asia Pacific Steel Electricity Poles Market Size Forecast by Type
11.6.1 Less than 40ft
11.6.2 40-80ft
11.6.3 More than 80ft
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Steel Electricity Poles Market Size Forecast by Applications
11.10.1 Distribution Lines
11.10.2 Transmission Lines
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Steel Electricity Poles Analysis and Forecast
12.1 Introduction
12.2 Latin America Steel Electricity Poles Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
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 Latin America Steel Electricity Poles Market Size Forecast by Type
12.6.1 Less than 40ft
12.6.2 40-80ft
12.6.3 More than 80ft
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Steel Electricity Poles Market Size Forecast by Applications
12.10.1 Distribution Lines
12.10.2 Transmission Lines
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Steel Electricity Poles Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Steel Electricity Poles Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
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 Middle East & Africa (MEA) Steel Electricity Poles Market Size Forecast by Type
13.6.1 Less than 40ft
13.6.2 40-80ft
13.6.3 More than 80ft
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Steel Electricity Poles Market Size Forecast by Applications
13.10.1 Distribution Lines
13.10.2 Transmission Lines
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Steel Electricity Poles Market: Competitive Dashboard
14.2 Global Steel Electricity Poles Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Valmont Industries
14.3.2 TAPP
14.3.3 Meyer Utility Structures
14.3.4 DAJI Towers
14.3.5 KEC International
14.3.6 Fengfan Power
14.3.7 Al-Babtain
14.3.8 Pelco Structural
14.3.9 Dingli
14.3.10 Hidada
14.3.11 Europoles
14.3.12 Nello Corporation
14.3.13 Debao Tower
14.3.14 Jiangsu Baojuhe
14.3.15 Western Utility Telecom
