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Fiberglass Light Poles Market Size
- Report ID: GMI4783
- Published Date: Jul 2020
- Report Format: PDF
Fiberglass Light Poles Market Size
Fiberglass Light Poles Market size exceeded USD 450 million in 2019 and is estimated to grow at 4% CAGR between 2020 and 2026. The global industry shipments are anticipated to cross 1 million units by 2026.
The fiberglass light poles industry is expected to witness rapid gains as the advancements in smart city lighting and emerging IoT technologies are driving the demand for easy installation and durable lighting infrastructure. Stringent government regulations have pressurized enterprises in reducing carbon footprints and majority of organizations are retrofitting lighting infrastructure in their premises with smart lighting.
| Report Attribute | Details |
|---|---|
| Base Year: | 2019 |
| Fiberglass Light Poles Market Size in 2019: | USD 450 million |
| Forecast Period: | 2020 to 2026 |
| Forecast Period 2020 to 2026 CAGR: | 4% |
| 2026 Value Projection: | USD 550 million |
| Historical Data for: | 2015 to 2018 |
| No. of Pages: | 150 |
| Tables, Charts & Figures: | 391 |
| Segments covered: | Product Type, Application, and Region |
| Growth Drivers: |
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| Pitfalls & Challenges: |
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The supply chain disruptions from China and the U.S. has severely hit the fiberglass light pole market growth. These two countries account for more than 75% of the global fiberglass production, hence the sealing of international borders have significantly impacted the production of fiberglass light poles.
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Fiberglass Light Poles Market Scope
