US Utility Transmission Pole Market Growth, Size, Trends, Share, Revenue and Future Outlook
United States Utility Transmission Pole Market Size- By Pole Size, By Material, By Voltage Rating- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
| Published: Sep-2024 | Report ID: POAE2483 | Pages: 1 - 108 | Formats*: |
| Category : Power & Energy | |||
United States Utility Transmission Pole Market Introduction and Overview
According to SPER Market Research, the United States Utility Transmission Pole Market is estimated to reach USD 4.33 billion by 2033 with a CAGR of 6.13%.
The report includes an in-depth analysis of the United States Utility Transmission Pole Market, including market size and trends, product mix, applications, and supplier analysis. Utility transmission poles are unique structures made to support the wires for street lighting, heavy power lines, communications, distribution lines and sub-transmission lines at specific distances from the surface of the earth and from one another. The steel, composite, concrete, and wood used to make the power transmission poles are all intended to serve a particular purpose.
- Bell Lumber & Pole Company purchased the assets of The Oeser Company, a utility pole manufacturer and supplier based in Bellingham, in September 2022. After the deal, Bell claims to be North America's largest supplier of utility poles and plans to increase its foothold in the Pacific Northwest.
- September 2022: Stella-Jones signed a definitive deal to acquire practically all of the assets used in Texas Electric's wooden pole manufacturing business for a total purchase price of USD 28 million, plus approximately USD 4 million in inventory.
Market Opportunities and Challenges
Opportunities- Integrating Renewable Energy Sources into the Grid: The integration of renewable energy sources into the grid is expected to drive considerable growth in the Utility Transmission Pole Market by 2023. As governments throughout the world ramp up their efforts to convert to renewable energy, the demand for reliable transmission systems capable of handling intermittent energy sources such as smart solar and wind grows. Utility poles, which are key components of the electrical infrastructure, are consequently projected to experience increased demand. This trend is motivated by the need to build and update transmission facilities in order to efficiently manage and distribute generated renewable energy. Furthermore, the use of smart grid technologies to optimise energy flow and improve grid dependability highlights the need for upgraded transmission poles, presenting significant market potential opportunities.
Challenges- Market expansion is being impeded by the increasing use of underground connections. Utility transmission pole market growth may be impacted by the trend towards underground power distribution and transmission links. Installing underground electricity connections can be more practical than erecting above-ground utility transmission poles in heavily populated urban areas or spaces with limited space. This may reduce the need for brand-new pole installations in these areas. In general, maintenance requirements for underground cables are lower than those for overhead wires and poles, which are subject to weather and environmental influences. This lower maintenance requirement may be a selling point for utility companies.
Market Competitive Landscape
The market is characterised by the presence of both established and emerging electrical transmission tower firms in terms of the competitive landscape. Stella-Jones' strong brand and wide range of products are likely to help it gain a substantial market share. In order to increase the reach of its products in the United States, the company is also concentrated on improving its marketing, sales, and distribution channels through alliances with regional partners. Other major players in the U.S. market are Quanta Services, Pole, Bell Lumber, Sabre Industries and others.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2020-2033 |
| Base year considered | 2023 |
| Forecast period | 2024-2033 |
| Segments covered | By Pole Size, By Material, By Voltage Rating. |
| Regions covered | Northeast, South, Midwest, West |
| Companies Covered | Stella-Jones, Sabre Industries, Bell Lumber & Pole, Quanta Services, KEC International Ltd, Kiewit Corporation, Valard Constructions, Burns & McDonnell, PLH Group, Wilson Construction. |
COVID-19 Impact on United States Utility Transmission Pole Market
Numerous building projects for new transmission and distribution systems were postponed as a result of the lockdowns and workforce and mobility restrictions during the Covid-19 outbreak. Higher expenses and lower returns on funds are the outcomes of the delays. The epidemic also caused supply chains throughout the world to become unbalanced, which resulted in a shortage and a rise in the cost of supplies and equipment required for electricity transmission pole construction.
Key Target Audience:
- Utility Companies
- Telecommunications Companies
- Government Agencies
- Contractors and Construction Firms
- Electrical Infrastructure Providers
- Engineering and Design Firms
- Renewable Energy Developers
- Manufacturers of Poles and Related Equipment
Our in-depth analysis of the United States Utility Transmission Pole Market includes the following segments:
| By Pole Size: |
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| By Material: |
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| By Voltage Rating: |
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Key Topics Covered in the Report:
- United States Utility Transmission Pole Market Size (FY’2024-FY’2033)
- Overview of United States Utility Transmission Pole Market
- Segmentation of United States Utility Transmission Pole Market By Pole Size (Below 40ft, 40ft-70ft, Above 70ft)
- Segmentation of United States Utility Transmission Pole Market By Material (Steel, Concrete, Wood)
- Segmentation of United States Utility Transmission Pole Market By Voltage Rating (Low Voltage, Medium Voltage, High Voltage)
- Statistical Snap of United States Utility Transmission Pole Market
- Expansion Analysis of United States Utility Transmission Pole Market
- Problems and Obstacles in United States Utility Transmission Pole Market
- Competitive Landscape in the United States Utility Transmission Pole Market
- Impact of COVID-19 and Demonetization on United States Utility Transmission Pole Market
- Details on Current Investment in United States Utility Transmission Pole Market
- Competitive Analysis of United States Utility Transmission Pole Market
- Prominent Players in the United States Utility Transmission Pole Market
- SWOT Analysis of United States Utility Transmission Pole Market
- United States Utility Transmission Pole Market Future Outlook and Projections (FY’2024-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data2.1.2. Primary Data2.1.3. SPER’s internal database2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers4.1.2. Restraints4.1.3. Opportunities4.1.4. Challenges
4.2. COVID-19 Impacts of the United States Utility Transmission Pole Market.
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths5.1.2. Weaknesses5.1.3. Opportunities5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape5.2.2. Economic Landscape5.2.3. Social Landscape5.2.4. Technological Landscape5.2.5. Environmental Landscape5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers5.3.2. Bargaining power of buyers5.3.3. Threat of Substitute5.3.4. Threat of new entrant5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. United States Utility Transmission Pole Market Manufacturing Base Distribution, Sales Area, Product Type6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in United States Utility Transmission Pole Market
7. United States Utility Transmission Pole Market, By Pole Size (USD Million) 2020-2033
7.1. United States Utility Transmission Pole Market Size, Share and Forecast, By Pole Size, 2020-20267.2. United States Utility Transmission Pole Market Size, Share and Forecast, By Pole Size, 2027-20337.3. Below 40ft7.4. 40ft-70ft7.5. Above 70ft
8. United States Utility Transmission Pole Market, By Material (USD Million) 2020-2033
8.1. United States Utility Transmission Pole Market Size, Share and Forecast, By Material, 2020-20268.2. United States Utility Transmission Pole Market Size, Share and Forecast, By Material, 2027-20338.3. Steel8.4. Concrete8.5. Wood
9. United States Utility Transmission Pole Market, By Voltage Rating (USD Million) 2020-2033
9.1. United States Utility Transmission Pole Market Size, Share and Forecast, By Voltage Rating, 2020-20269.2. United States Utility Transmission Pole Market Size, Share and Forecast, By Voltage Rating, 2027-20339.3. Low Voltage9.4. Medium Voltage9.5. High Voltage
10. United States Utility Transmission Pole Market Forecast, 2020-2033 (USD Million)
10.1. United States Utility Transmission Pole Market Size and Market Share
11. United States Utility Transmission Pole Market, By Region, 2020-2033 (USD Million)
11.1. United States Utility Transmission Pole Market Size and Market Share By Region (2020-2026)11.2. United States Utility Transmission Pole Market Size and Market Share By Region (2027-2033)11.3. Northeast11.4. South11.5. Midwest11.6. West
12. Company Profile
12.1. Stella-Jones
12.1.1. Company details12.1.2. Financial outlook12.1.3. Product summary12.1.4. Recent developments
12.2. Sabre Industries
12.2.1. Company details12.2.2. Financial outlook12.2.3. Product summary12.2.4. Recent developments
12.3. Bell Lumber & Pole
12.3.1. Company details12.3.2. Financial outlook12.3.3. Product summary12.3.4. Recent developments
12.4. Quanta Services
12.4.1. Company details12.4.2. Financial outlook12.4.3. Product summary12.4.4. Recent developments
12.5. KEC International Ltd
12.5.1. Company details12.5.2. Financial outlook12.5.3. Product summary12.5.4. Recent developments
12.6. Kiewit Corporation
12.6.1. Company details12.6.2. Financial outlook12.6.3. Product summary12.6.4. Recent developments
12.7. Valard Constructions
12.7.1. Company details12.7.2. Financial outlook12.7.3. Product summary12.7.4. Recent developments
12.8. Burns & McDonnell
12.8.1. Company details12.8.2. Financial outlook12.8.3. Product summary12.8.4. Recent developments
12.9. PLH Group
12.9.1. Company details12.9.2. Financial outlook12.9.3. Product summary12.9.4. Recent developments
12.10. Wilson Construction Company
12.10.1. Company details12.10.2. Financial outlook12.10.3. Product summary12.10.4. Recent developments
12.11. Others
13. Conclusion
14. List of Abbreviations
15. Reference Links
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
United States Utility Transmission Pole Market is projected to reach USD 4.33 billion by 2033, growing at a CAGR of 6.13% during the forecast period.
United States Utility Transmission Pole Market grew in Market size from 2024. The Market is expected to reach USD 4.33 billion by 2033, at a CAGR of 6.13% during the forecast period.
United States Utility Transmission Pole Market CAGR of 6.13% during the forecast period.
You can get the sample pages by clicking the link - Click Here
United States Utility Transmission Pole Market size is USD 4.33 billion from 2024 to 2033.
United States Utility Transmission Pole Market is covered By Pole Size, By Material, By Voltage Rating.
The North America is anticipated to have the highest Market share in the United States Utility Transmission Pole Market.
The key players in the Market include Companies Covered Stella-Jones, Sabre Industries, Bell Lumber & Pole, Quanta Services, KEC International Ltd, Kiewit Corporation, Valard Constructions, Burns & McDonnell, PLH Group, Wilson Construction.
Utility transmission poles are unique structures made to support the wires for street lighting, heavy power lines, communications, distribution lines and sub-transmission lines at specific distances from the surface of the earth and from one another.
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