Get In Touch

Steel Utility Poles Market: Overview

Demand for energy has been increasing rapidly across globe. Rise in urbanization and demand for electricity to suffice growing population has increased significantly. Steel is considered as a green material. It is increasingly being used to replace replacing aging wood electric utility distribution poles. Steel utility pole is a column or post used to support overhead power lines and various other public utilities such as electrical cables, fiber optic cables, and related equipment such as transformers and street lights.

Steel Utility Poles Market: Key Segments

The steel utility poles market can be segmented in terms of type, material, application, and region. Based on type, the market can be classified into 1 – 40 feet, 41 – 70 feet, and above 71 feet. In terms of material, the steel utility poles market can be segregated into steel, wood, concrete, and composite. Based on application, the steel utility poles market can be categorized into transmission and distribution poles. Transmission poles carry high voltage power from regional substations to local substations. Distribution poles distribute lower voltage power to customers, it helps to avoid high voltage power effects.

The steel utility poles market presents several opportunities. Additionally, steel utility poles can be customized by designing, integrating, and installing as per the requirements of the customer to transmit electricity. Steel utility poles are non-toxic, thus reducing disposal problems and costs. These poles can also be reused or recycled. Steel utility poles help save installation costs. Technological advancements also help reduce the production costs and service costs to of steel utility poles.

Steel Utility Poles Market: Regional Outlook

In terms of geography, the global steel utility poles market can be divided into North America, Europe, Latin America, Asia Pacific, and Middle East & Africa. In terms of demand, North America dominated the global steel utility poles market. This can be ascribed to the increase in electricity consumption of the U.S. Investments in the energy and power sector propel the demand for steel utility poles market. The American Iron & Steel Institute emphasizes on utilizing steel poles for better transmission and distribution of electricity. The steel utility poles market has been expanding in countries in Asia Pacific such as India, China, and Japan due to the improvements in the transmission and distribution network in these countries. The steel utility poles market in countries in Europe, such as the U.K., Germany, France, and Norway, is estimated to expand due to rise in investments in the power sector. Demand for steel utility poles is anticipated to increase in countries such as Brazil, and Mexico in Latin America due to rapid urbanization and improvements in transmission and distribution of electricity. Demand for steel utility poles in countries in Middle East & Africa is also likely to rise, as these provide safety and flexibility during desert storms. Moreover, investments in transmission and distribution of electricity is increasing in Saudi Arabia, Kuwait, and Qatar. Rise in investments in transmission and distribution lines for electricity consumption in Africa are anticipated to propel the demand for steel utility poles market during the forecast period.

Steel Utility Poles Market: Key Players

Key player operating in the global steel utility poles market include Omega Factory, GALVANCO, Hapco, KEC International, Stella Jones, Europoles GmbH, and Hidado 

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

With a robust experience in creating exceptional market reports, Transparency Market Research has emerged as one of the trusted market research companies among a large number of stakeholders and CXOs. Every report at Transparency Market Research goes through rigorous research activity in every aspect. The researchers at TMR keep a close watch on the market and extract beneficial growth-boosting points. These points help the stakeholders to strategize their business plans accordingly.

TMR researchers conduct exhaustive qualitative and quantitative research. This research involves taking inputs from the experts in the market, focused attention on recent developments, and others. This method of research makes TMR stand out from other market research firms.

Here's how Transparency Market Research helps the stakeholders and CXOs through the reports:

Inculcation and Evaluation of Strategic Collaborations: The TMR researchers analyze recent strategic activities like mergers, acquisitions, partnerships, collaborations, and joint ventures. All the information is compiled and included in the report.

Perfect Market Size Estimations: The report analyzes the demographics, growth potential, and capability of the market through the forecast period. This factor leads to the estimation of the market size and also provides an outline about how the market will retrieve growth during the assessment period.

Investment Research: The report focuses on the ongoing and upcoming investment opportunities across a particular market. These developments make the stakeholders aware of the current investment scenario across the market.

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

Custom Market Research Services

TMR offers custom market research services that help clients to get information on their business scenario required where syndicated solutions are not enough.


Steel Utility Poles Market