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Distribution Lines and Poles Market Size

  • Report ID: GMI3420
  • Published Date: Jul 2022
  • Report Format: PDF

Distribution Lines and Poles Market Size

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.
 

 

Authors: Ankit Gupta, Shubhankar Dimri

Frequently Asked Questions (FAQ) :

The market size of distribution lines and poles exceeded USD 66 billion in 2021 and is predicted to register over 7% CAGR during the forecast period of 2022-2030.

Global primary distribution lines market value reached USD 1 billion in 2021 due to the rising focus of governments on the development and expansion of commercial and industrial infrastructure.

Global steel distribution poles industry share is anticipated to surpass an annual installation of 28 million units by 2030 owing to benefits such as high strength, standard quality, long service life, and lightweight structure.

Riyadh Cables Group, Elsewedy Electric, Alfanar Group, KEI Industries Limited, Nexans, APAR Industries, MYR Group Inc., and Quanta Services, among several others, are the leading companies in the market.

Distribution Lines and Poles Market Scope

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Premium Report Details

  • Base Year: 2021
  • Companies covered: 15
  • Tables & Figures: 1637
  • Countries covered: 31
  • Pages: 790
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