An exciting new study from the team of Lucintel found that utility pole market is expected to reach $47.9 billion by 2027 with a CAGR of 5.2. There are significant money making opportunities available in this market and companies planning to enter this market need to differentiate in order to maximize their return on investment.
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The utility pole market is segmented based on application, material, size, type, and region. In this market, steel is expected to remain the largest material, and distribution segment is expected to remain the largest application. Players can benefit from the available opportunities like increasing investments in the power sector and improvement in the transmission and distribution networks in developing nations, particularly as China and India.
Wider use of transmission monopoles and increased usage of composite poles in transmission and distribution are emerging trends having impact on dynamics of the industry.
Valmont Industries, KEC International, Qingdao, Skipper, Stella Jones, Europoles, Elsewedy Electric, Nippon Concrete Industries Co Ltdare some of the major players profiled in this 215 page report.
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Some of the Key Questions answered in this exclusive report are:
Q.1 What are some of the most promising, high-growth opportunities for the utility pole market by application type (transmission and distribution), material (steel, concrete, wood, and composite), size (below 40 feet, 40 to 70 feet, and above 70 feet), type (new and replacement), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 What are the business risks and threats to the utility pole market?
Q.4 What are some changing demands of customers in the utility pole market?
Q.5 What are the new developments in the utility pole market? Which companies are leading these developments?
Q.6 What strategic initiatives are being implemented by key players for business growth?
Q.7 What are some of the competitive products and processes in this utility pole area and how big of a threat do they pose for loss of market share via product substitution?
Q.8 What M&A activity has occurred in the last 5 years in this utility pole market?
This unique report from Lucintel will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link [email protected]
About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.