New Research: Lucintel Predicts a Bright Future for the Utility Pole Market

Did you know that Lucintel recently published a market research report entitled “Growth Opportunities in the Global Utility Pole Industry”?

This market report for utility pole identifies and predicts future opportunities for growth in global utility pole industry for various segments as well as for various regions such as North America, Europe, Asia Pacific, and the Rest of the World. It also identifies growth opportunities for utility pole in the electric transmission and distribution sector.

According to Lucintel’s market report, the global utility pole market is expected to reach an estimated $52.1 billion by 2024 with a CAGR of 4.1% from 2019 to 2024. Some of the dominant players in the global utility pole market are Valmont Industries, KEC International, Qingdao, Skipper, Stella Jones, Europoles, Elsewedy Electric, and Nippon Concrete Industries Co Ltd. and others.

There are some interesting developments in global utility pole market as competition heats up and players try to increase their market share. Some of the emerging trends shaping the market dynamics include wider use of transmission monopoles and increased usage of composite poles in transmission and distribution.

Read more about this report at:

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