Utility Poles Market Size to Surpass USD 65.86 Billion by
From GlobeNewswire: 2025-02-20 10:00:00
Utility poles are vital structures supporting power lines and communication cables. Made from various materials, they provide stability for essential services like electricity distribution. Global energy demand drives the market, with utility poles needing modernization. Smart pole technology offers innovations for efficient energy systems, with North America leading the market due to grid modernization efforts.
The global utility poles market size was valued at USD 43.75 billion in 2024 and is projected to reach USD 65.86 billion by 2033. The market is segmented by material, applications, size, and region, with North America dominating. Recent developments include the introduction of new composite materials and advancements in smart pole technologies.
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