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U.S. Electric Towers & Poles Market Size

  • Report ID: GMI5181
  • Published Date: Jan 2022
  • Report Format: PDF
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U.S. Electric Towers & Poles Market Size

U.S. Electric Towers & Poles Market size for transmission towers exceeded USD 1.4 billion in 2021 and is set to grow at over 6% between 2022 and 2028. Electric tower & pole structures are connected to overhead conductors, which are aligned for transmitting electrical energy to end-users. Harsh weather conditions coupled with a growing inclination toward sustainable and secure power networks will foster the industry statistics. In addition, the development of smart grid networks and growing demand for the replacement of aging infrastructure will sway the business landscape.

 

U.S. Electric Towers & Poles Market
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U.S. Electric Towers & Poles Market Report Attributes
Report Attribute Details
Base Year:2021
U.S. Electric Towers & Poles Market Size in 2021:3,056.0 Million (USD)
Forecast Period:2022 to 2028
Forecast Period 2022 to 2028 CAGR:5.9%
2028 Value Projection:4,570.9 Million (USD)
Historical Data for:2018 to 2021
No. of Pages:245
Tables, Charts & Figures:226
Segments covered:Product, Voltage
Growth Drivers:
  • Deployment of smart gird network
  • Refurbishment of existing grid infrastructure
    • Aging infrastructure
    • Natural disasters and calamities
  • Large-scale renewable integration
Pitfalls & Challenges:
  • High capital investments and associated replacement & maintenance costs
Learn more about the key segments shaping this market
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Authors: Ankit Gupta, Shubhankar Dimri

Frequently Asked Questions (FAQ) :

The electric towers & poles industry share in the U.S. has exceeded USD 1.4 billion in 2021 and will witness a growth rate of more than 6% up to 2028 with the rising development of smart grid networks and increasing need for replacing the aging infrastructure.

The regional electric towers & poles market size from the distribution poles product segment is expected to strike a CAGR of around 5% through 2028 owing to the higher technological advancements towards the refurbishment of distribution infrastructure.

The share from ? 11 kV electric distribution poles industry is likely to witness a growth rate of more than 5% through 2028 driven by the rising microgrid integration and the surging need to replace the traditional & aging distribution networks.

Quanta Services, KEC International Ltd., Valard Construction, AECOM, PLH Group, Wilson Construction Company, MMR Group, H&M Shared Services, Inc., Valmont Industries, Inc., and Sabre Industries, Inc., are some leading electric towers & poles industry players in the country.

U.S. Electric Towers & Poles Market Scope

  • U.S. Electric Towers & Poles Market Size
  • U.S. Electric Towers & Poles Market Analysis
  • U.S. Electric Towers & Poles Market Share

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    • Base Year: 2021
    • Companies covered: 18
    • Tables & Figures: 226
    • Countries covered: 10
    • Pages: 245
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