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Distribution Lines and Poles Market size surpassed USD 66 billion in 2021 is projected to expand at a CAGR of over 7% from 2022 to 2030. Rising electricity consumption on account of rapid growth in the population along with economic developments will boost the market growth.
The COVID- 19 has hindered the overall industry operations as the first and second waves of the pandemic resulted in critical lockdowns, ceased production facilities and disruption in supply chain networks. However, introduction of numerous vaccinations drives and upliftment of several strict measures for global movement has led to the industry operations back to normal. In addition, the surge to provide electricity despite of pandemic impact, majority of sustainable powered projects were deployed as per the schedule and have not witnessed any delay.
Report Attribute | Details |
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Base Year: | 2021 |
Distribution Lines and Poles Market Size in 2021: | 66 Billion (USD) |
Forecast Period: | 2022 to 2030 |
Forecast Period 2022 to 2030 CAGR: | 7% |
2030 Value Projection: | 130 Billion (USD) |
Historical Data for: | 2018 to 2021 |
No. of Pages: | 790 |
Tables, Charts & Figures: | 1,637 |
Segments covered: | Lines, Poles |
Growth Drivers: |
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Pitfalls & Challenges: |
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