Fiberglass Light Poles Market Share

Fiberglass Light Poles Market Share

The global fiberglass light poles market share is characterized by intensified rivalry amongst major players and fueled by strategic partnerships & new product launches. For instance, in September 2019, Acuity Brands, Inc. acquired The Luminaires Group (TLG), a global provider of lighting solutions for commercial and industrial applications. The acquisition helped Acuity in leveraging the expertise of Lithonia Lighting, TLG’s fiberglass pole brand, to venture into the light poles market.
 

The consolidated nature of the market and lack of new entrants have forced established players to continuously launch new products with added functionalities to maintain the share and profitability among themselves. For instance, Valmont Industries, Inc. launched anti-UV fiberglass poles, which can withstand harsh sunlight and are ideal for deployment in sports stadiums & arenas. The new solution is expected to help the company offer stiff competition to major industry rivals.
 

Some of the key players operating in the market are

• Aeron Composite Pvt Ltd.
• Alliance Composites, Inc.
• Creative Composite
• Elsewedy Electric
• Jindal Power Corporation
• Lithonia Lighting (Acuity Brands)
• Main Street Lighting, Inc.
• NAFCO International, Inc.
• Nantong Wellgrid Composite Material Co., Ltd.
• PLP Composite Technologies, Inc.
• Shanghai Tung Hsing Composites Co., Ltd.
• Valmont Industries, Inc.
• Wood Preservers, Inc.