Distribution Lines & Poles Market to cross the highly coveted $ 100 Bn mark by 2025

February 04, 2020


According to the research report titled ‘Distribution Lines And Poles Market Size By Lines (Voltage {?11 kV, 11-33 kV, >33 kV}, Application {Primary, Secondary}, Product {Open Wire, ABC}), By Poles (Voltage {?11 kV, 11-33 kV, >33 kV}, Height {<10 Meters, 10-16 Meters, >16 Meters}, Material {Wood, Concrete, Steel, Others}), Industry Analysis Report, Regional Analysis (U.S., Canada, Mexico, Germany, UK, Greece, Italy, Norway, Poland, Spain, Portugal, Russia, China, India, Australia, Japan, Myanmar, South Korea, Indonesia, Malaysia, Qatar, Egypt, Oman, Saudi Arabia, Nigeria, Tanzania, South Africa, Brazil, Argentina, Chile), Application Potential, Price Trend, Competitive Market Share & Forecast, 2019- 2025’, available with Market Study Report LLC, the global distribution lines and poles market is expected to surpass USD 100 billion by the year 2025.
 

According to the report, growing population coupled with rising efforts towards electrification of remote areas has led to growing demand for electricity which in turn is driving the distribution lines and poles market growth. There has been an upsurge in investments towards renovation and replacement of existing distribution infrastructure. This factor along with rising per capita income is further aiding the market expansion. Moreover, increasing usage of HVAC appliances has led to rising consumption of electricity, thereby stimulating the industry outlook.
 

As per voltage type, the report states that less than 11 kV distribution lines market segment is expected to grow with 4% CAGR during 2019-2025. Rapid commercialization has led to growing demand for electricity in residential and commercial sectors which in turn is fueling the segmental growth.
 

Speaking of the product landscape, the ABC distribution lines market segment is anticipated to observe substantial gains in the forthcoming years. These type of distribution lines offer high current carrying capacity, adaptability, reliability, and safety. Rapid urbanization and growing population has positively impacted the adoption of ABC distribution systems across the globe.
 

In terms of material type, the steel distribution poles market segment is presumed to expand significantly during the forecast period. Steel distribution poles offer benefits such as high strength, lightweight, standard quality, and extended service life. They are immune to rotting, fire, and rodents and have minimum impact on the environment, thus facilitating the business scenario.
 

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Considering the geographical landscape, the report cites that North America distribution lines and poles industry will witness considerable growth in the forthcoming years. Factors such as escalating investments towards remodeling existing distribution infrastructure are favoring the market outlook. Additionally, increasing investments in power distribution sector in order to meet the growing demand of electricity will augment the regional demand for distribution lines and poles in the approaching years.
 

The prominent companies operating in the distribution lines and poles market are Creative Pultrusions, Bridgewell Resources, Kreative Concrete Industries, Utility Structures Inc., Stella-Jones, Pelco Structural, T.R. Miller Mill Co. Inc., Valmont Industries Inc., Koppers Utility & Industrial Products, Bell Lumber & Pole Co., Stresscrete Group, Huatong Cable, Elsewedy Electric, SWCC SHOWA HOLDING Co. Ltd., Gulf Cable & Electrical Industries Co., Riyadh Cables Group Co., KEI Industries Ltd., Versalec Cables, Prysmian Group, Dynamic Cables Ltd., Alfanar Group, General Cable Technologies Corp., Fifan Cable Group Co. Ltd., Nexans, Lamifil, Apar Industries, and ZTT.


Frequently Asked Questions (FAQ) :

According to the report, growing population coupled with rising efforts towards electrification of remote areas has led to growing demand for electricity which in turn is driving the distribution lines and poles market growth. There has been an upsurge in investments towards renovation and replacement activities of existing distribution infrastructure. This factor along with rising per capita income is further aiding the market expansion. Moreover, increasing usage of HVAC appliances has led to rising consumption of electricity, thereby stimulating the industry outlook.
The ABC distribution lines market segment is anticipated to observe substantial gains in the forthcoming years. These type of distribution lines offer high current carrying capacity, adaptability, reliability and safety. Rapid urbanization and growing population has positively impacted the adoption of ABC distribution systems across the globe.
The report cites that North America distribution lines and poles industry will witness considerable growth in the forthcoming years. Factors such as escalating investments towards remodeling existing distribution infrastructure are favoring the market outlook. Additionally, increasing investments in power distribution sector in order to meet the growing demand of electricity will augment the regional demand for distribution lines and poles in the approaching years.
The prominent companies operating in the distribution lines and poles market are Creative Pultrusions, Bridgewell Resources, Kreative Concrete Industries, Utility Structures Inc., Stella-Jones, Pelco Structural, T.R. Miller Mill Co. Inc., Valmont Industries Inc., Koppers Utility & Industrial Products, Bell Lumber & Pole Co., Stresscrete Group, Huatong Cable, Elsewedy Electric, SWCC SHOWA HOLDING Co. Ltd., Gulf Cable & Electrical Industries Co., Riyadh Cables Group Co., KEI Industries Ltd., Versalec Cables, Prysmian Group, Dynamic Cables Ltd., Alfanar Group, General Cable Technologies Corp., Fifan Cable Group Co. Ltd., Nexans, Lamifil, Apar Industries, and ZTT.