Global Wood Utility Poles
Market Report
2024
Wood Utility Poles Market size is USD XX billion in 2023 and will expand at a compound annual growth rate (CAGR) of 3.60% from 2023 to 2030.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
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According to Cognitive Market Research, the global Wood Utility Poles market size is USD XX billion in 2023 and will expand at a compound annual growth rate (CAGR) of 3.60% from 2023 to 2030.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Wood Utility Poles Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 3.6% |
North America Wood Utility Poles Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 2% |
Europe Wood Utility Poles Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 2.3% |
Asia Pacific Wood Utility Poles Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 5% |
South America Wood Utility Poles Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 3.3% |
Middle East and Africa Wood Utility Poles Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 3.4% |
Market Split by Type |
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Market Split by Material |
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Market Split by Application Segment |
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Market Split by End-User |
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Market Split by Distribution Channel |
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Market Split by Component |
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Market Split by Installation |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Key Qualitative Information Covered |
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Wood Utility Poles Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
According to Cognitive Market Research, the global Wood Utility Poles market size is USD XX billion in 2023 and will expand at a compound annual growth rate (CAGR) of 3.60% from 2023 to 2030. The increased investment in infrastructure projects, growing emphasis on renewable energy sources, rapid urbanization and population growth, requirements of replacement in aged infrastructure, growing awareness of environmental issues, innovations in wood treatment technologies and manufacturing processes, regulatory requirements and standards, rise in cost competitiveness, rise in natural disasters and climatic events and increasing demand for electricity globally are the major factors bolstering the growth of the Wood Utility Poles market.
For instance, in November 2022, DDC Member Surankote Shahnawaz Choudhary and JKPCC General Secretary started the installation work of electric poles at Potha with the Sarpanch, J.E. and AEE of PDD, and citizens of the area.
(Source: www.dailyexcelsior.com/shahnawaz-inaugurates-installation-work-of-electric-poles/)
The rising telecommunication industry bolsters the growth of the market. The exponential growth in telecommunication infrastructure, driven by increasing demand for high-speed connectivity and expanding networks, has surged the need for reliable and durable utility poles. Wood utility poles offer a cost-effective and environmentally friendly solution, aligning with the sustainable practices adopted by the industry. Wood's natural insulating properties make it a preferred choice for supporting telecommunication lines. As the telecommunication sector expands globally, the demand for wood utility poles is expected to rise, driving market growth.
For instance, China Mobile Limited is one of the world's largest telecommunications employers, with approximately 456,239 people. Verizon offers around 135,000 jobs, while Vodafone employs approximately 92,005 people.
(Source: liluscale.amebaownd.com/posts/36122503)
The replacement of aged infrastructure has significantly impacted the Wood Utility Poles market. Ageing poles pose significant risks as utility poles are critical in supporting overhead power lines and communication cables. Replacement becomes essential to ensure the resilience and reliability of the power distribution network. Ageing poles are susceptible to decay, insect damage, and structural instability, compromising safety and service continuity. Governments and utility providers worldwide are investing in upgrading infrastructure, driving the demand for new, durable wood utility poles. This trend aligns with sustainability goals, as wood poles are environmentally friendly and contribute to a circular economy by utilizing renewable resources to construct critical infrastructure.
For instance, in September 2022, Sparta announced contracting power pole replacements and wire work to upgrade ageing infrastructure in the U.K. It will replace the wooden poles with metal poles.
(Source: www.industry.gov.au/sites/default/files/2023-08/senate-order-2022-23-finanical-year.pdf)
Increasing demand for electricity throughout nations is boosting market growth
The limited supply of quality timber constrains the growth of the market. The scarcity of high-quality wood, attributed to deforestation, climate change, and slow tree growth, poses challenges to meeting the rising demand for utility poles. This constraint impacts the utility pole industry, as it relies heavily on durable and robust timber for pole production. As the supply of quality wood diminishes, there is an increased need for sustainable forestry practices and alternative materials to mitigate the adverse effects on the market and ensure the continued reliability of utility pole infrastructure.
The reduced construction activities and lockdowns led to a temporary decline in demand. However, the market showed resilience due to essential infrastructure projects and increased electricity demand. The market witnessed a gradual recovery as the world adapted to new norms. Innovations in wood treatment technologies and sustainability initiatives also influenced the market's trajectory. Despite challenges, the wood utility poles market demonstrated adaptability and is poised for growth as economies stabilize and infrastructure investments resume.
We have various report editions of Wood Utility Poles Market, hence please contact our sales team and author directly to obtain/purchase a desired Edition eg, Global Edition, Regional Edition, Country Specific Report Edition, Company Profiles, Forecast Edition, etc. Request for your Free Sample PDF/Online Access.
According to Cognitive Market Research, the global Wood Utility Poles market size is USD XX billion in 2023 and will expand at a compound annual growth rate (CAGR) of 3.60% from 2023 to 2030. The increased investment in infrastructure projects, growing emphasis on renewable energy sources, rapid urbanization and population growth, requirements of replacement in aged infrastructure, growing awareness of environmental issues, innovations in wood treatment technologies and manufacturing processes, regulatory requirements and standards, rise in cost competitiveness, rise in natural disasters and climatic events and increasing demand for electricity globally are the major factors bolstering the growth of the Wood Utility Poles market.
For instance, in November 2022, DDC Member Surankote Shahnawaz Choudhary and JKPCC General Secretary started the installation work of electric poles at Potha with the Sarpanch, J.E. and AEE of PDD, and citizens of the area.
(Source: www.dailyexcelsior.com/shahnawaz-inaugurates-installation-work-of-electric-poles/)
Top Companies Market Share in Wood Utility Poles Industry: (In no particular order of Rank)
If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.
Global Wood Utility Poles Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Wood Utility Poles Industry growth. Wood Utility Poles market has been segmented with the help of its Type, Material Application Segment , and others. Wood Utility Poles market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
According to Cognitive Market Research, poles under 40 Ft held the major market share over the forecast period. They are typically used for shorter applications, such as residential areas and low-voltage power lines. These poles are ideal for distributing electricity in areas with lower power requirements.
The 40-70 Ft segment is the fastest-growing over the forecast period. It caters to the needs of medium to high-voltage power lines and is commonly employed in commercial and industrial settings. These taller poles are designed to handle heavier loads and ensure the efficient transmission of electricity over longer distances.
The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Wood Utility Poles Industry. Request a Free Sample PDF!
According to Cognitive Market Research, treated hold a prominent market share. They undergo a preservation process to enhance their resistance to decay, insects, and environmental conditions, extending their lifespan. These treated poles are often impregnated with preservatives such as creosote, pentachlorophenol, or copper compounds. They offer increased durability, making them suitable for long-term use in various utility applications.
Untreated is the fastest-growing category over the forecast period. Untreated poles are typically made from natural wood without undergoing any chemical preservation processes. While untreated poles may be more environmentally friendly, they may have a shorter lifespan and is more susceptible to decay and insect damage.
The above Graph is for representation purposes only. This chart does not depict actual Market share. Please purchase the Wood Utility Poles market report 2024 Edition by contacting our team.
According to Cognitive Market Research, the power industry holds a prominent share. The power pole supports overhead power lines, providing a reliable and cost-effective electricity transmission. These poles are essential for the distribution and transmission of power across various terrains.
The communications industry is the fastest-growing category over the forecast period. It serves as a key infrastructure for supporting telecommunication and broadband networks. It carries the cables and equipment necessary for telephone lines, internet connectivity, and other communication services.
According to Cognitive Market Research, residential holds a prominent market share. They typically include households and small communities that rely on wood utility poles to distribute electricity to homes. These poles support power lines and ensure a reliable electricity supply for residential areas.
The commercial is the fastest-growing category over the forecast period. It encompasses various applications, including large-scale infrastructure projects, industrial facilities, and commercial zones. In the commercial sector, wood utility poles are essential for supporting power distribution networks catering to businesses and industries' diverse energy needs.
According to Cognitive Market Research, direct sales hold a prominent market share. The manufacturer sells poles directly to utility companies or end-users in this channel. This relationship offers the advantage of better communication and product customization.
Distributors are the fastest-growing category over the forecast period. These intermediaries purchase wood utility poles from manufacturers and then sell them to utility companies or retailers. Distributors play a different role in the supply chain by efficiently managing inventory and logistics.
According to Cognitive Market Research, hardware holds a prominent share. It refers to the physical elements of utility poles, including the wood structure itself, cross arms, insulators, and other associated materials. Wood utility poles are crucial for electrical distribution and telecommunication networks, supporting wires and equipment.
Software is the fastest-growing category over the forecast period. It may encompass advanced technologies and digital solutions that optimize pole deployment, maintenance, and monitoring. It could involve software for asset management, predictive maintenance, and data analytics to enhance utility pole networks' overall efficiency and reliability.
According to Cognitive Market Research, Asia-Pacific dominated the market in 2023. It accounted for around 38% of the global revenue, owing to the region's growing urbanization and infrastructure development in countries like China and India, driving the demand for electricity and supporting the utility poles market. Moreover, the region's focus on renewable energy sources and rural electrification projects further boosts the market. Government initiatives promoting sustainable practices contribute to the preference for wood utility poles. Additionally, the abundant availability of wood resources in the Asia-Pacific region enhances cost-effectiveness. With a growing population and rising energy needs, the demand for wood utility poles will continue its upward trajectory in the Asia-Pacific region.
North America is the fastest-growing category due to the region's increasing infrastructure development, expanding urbanization, and the need for reliable power transmission and distribution networks. The region's stringent environmental regulations also favour using wood poles due to their sustainability. Additionally, the demand for wood utility poles is bolstered by their cost-effectiveness and resilience to various weather conditions. Key market players in North America focus on technological advancements and sustainable forestry practices to meet the rising demand. Overall, the North American wood utility poles market is poised for sustained growth, driven by infrastructure demands and environmental considerations.
The current report Scope analyzes Wood Utility Poles Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only. To learn more about geographical trends request the free sample pages. Contact US!
According to Cognitive Market Research, North America held the major market share in 2023. It accounted for more than 30% and a CAGR of 2.0% of the global revenue due to the increasing demand for reliable and sustainable infrastructure to support power distribution networks. Wood utility poles offer cost-effective solutions with environmental benefits, as wood is a renewable resource. Additionally, stringent regulations promoting environmentally friendly materials contribute to the market's growth. The durability and strength of wood utility poles make them a preferred choice for utilities aiming for resilient and long-lasting power transmission and distribution systems. The market is segmented based on applications, including power transmission and distribution. Increasing investments in electricity grid expansion and modernization projects contribute to the market's expansion. Wood utility poles remain popular due to their cost-effectiveness and environmental sustainability, aligning with the growing emphasis on renewable and eco-friendly solutions in the utility sector.
According to Cognitive Market Research, the European Wood Utility Poles market accounted for approximately 26% and a CAGR of 2.3% of the global revenue due to the increasing demand for reliable and sustainable energy infrastructure. As countries prioritize renewable energy sources, wood utility poles support power transmission and distribution networks. The emphasis on environmental sustainability and the renewable nature of wood contribute to the market's growth. Additionally, the resilience and cost-effectiveness of wood utility poles further fuel their adoption in Europe's evolving energy landscape. This market segment encompasses the production, distribution, and installation of wooden utility poles, vital for supporting electrical and telecommunication lines. Factors such as expanding urbanization, infrastructure development, and focusing on renewable energy contribute to the market's positive trajectory. Wood utility poles remain crucial in ensuring resilient and efficient utility networks across the European region.
According to Cognitive Market Research, Asia Pacific held a considerable market share in 2023, accounting for more than 38% and a CAGR of 5.0% of global revenue due to the escalating demand for electricity infrastructure. Rapid urbanization and increasing population fuel the need for reliable power distribution networks, boosting the adoption of wood utility poles. Wood's cost-effectiveness, environmental sustainability, and favourable properties for utility applications further contribute to market growth. In the Asia-Pacific, burgeoning energy needs and infrastructure development propels the demand for wood utility poles, establishing the region as a key driver in the global market. The Asia-Pacific segment is characterized by increasing urbanization and infrastructure development, driving the demand for wood utility poles in electricity distribution networks. Growing investments in rural electrification projects further contribute to market expansion. Key players focus on product innovation and strategic collaborations to capitalize on emerging opportunities in the dynamic utility poles sector.
According to Cognitive Market Research, Latin America accounted for more than 5% and a CAGR of 3.3% of the global Wood Utility Poles revenue in 2023 due to the increased demand for reliable and sustainable power distribution infrastructure. The region's expanding population and urbanization necessitate robust utility networks. Wood utility poles offer cost-effective and environmentally friendly solutions, aligning with the growing focus on green initiatives. Additionally, the versatility, durability, and ease of installation of wood utility poles contribute to their prominence in the market, supporting the region's efforts to enhance and expand its electricity distribution systems. Key segments contributing to market growth include residential, commercial, and industrial applications. Latin America's expanding urbanization and rural electrification initiatives further propel the demand for wood utility poles, making the market a focal point for stakeholders seeking opportunities in the region's utility infrastructure sector.
According to Cognitive Market Research, the Middle East and Africa accounted for more than 1.00% and a CAGR of 3.4% of the global revenue in 2023 due to increasing infrastructure development, expanding power distribution networks, and the growing demand for reliable electricity supply. Wood utility poles remain a cost-effective and sustainable choice for utilities, supporting the market's growth. The region's emphasis on rural electrification and the durability and versatility of wood poles contribute to their widespread adoption, fueling market expansion in the Middle East and Africa. Key segments include distribution and transmission poles, with rising demand for reliable power distribution networks. The growing awareness of wood's sustainability and environmental benefits further fuels market expansion. Key players in the region are focusing on technological advancements and strategic collaborations to enhance market presence and meet the escalating demand for durable and eco-friendly utility poles.
Senior Research Analyst at Cognitive Market Research
Catering to tailored needs of clients in Consulting, Business Intelligence, Market Research, Forecasting, Matrix-Modelling, Data Analytics, Competitive Intelligence, Primary research and Consumer Insights.
Catering to tailored needs of clients in Consulting, Business Intelligence, Market Research, Forecasting, Matrix-Modelling, Data Analytics, Competitive Intelligence, Primary research and Consumer Insights. Experience in analyzing current trends, market demand, market assessment, growth indicators, competitors' strategy, etc. to help top management & investors to make strategic and tactical decisions in the form of market reports and presentations. Successfully delivered more than 500+ client & consulting assignments across verticals. Ability to work independently as well as with a team with confidence and ease.
I am committed to continuous learning and staying at the forefront of emerging trends in research and analytics. Regularly engaging in professional development opportunities, including workshops and conferences, keeps my skill set sharp and up-to-date. I spearheaded research initiatives focused on market trends and competitive landscapes. I have a proven track record of conducting thorough analyses, distilling key insights, and presenting findings in a way that resonates with diverse stakeholders. Through collaboration with cross-functional teams, I played a pivotal role in shaping business strategies rooted in robust research.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Wood Utility Poles Market is witnessing significant growth in the near future.
In 2023, the Below 40 Ft segment accounted for noticeable share of global Wood Utility Poles Market and is projected to experience significant growth in the near future.
The Treated segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies Stella-Jones , Cobb Lumber and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Table of Content differs accordign to the user License selction. Current Displayed TOC is for the Corporate User License Report Edition. TOC Customization options: Add or Remove section's Or chapter's from the report. Specific section's of report can be ordered at a discounted price. If applicable; On Request Volume Data will also be provided (at an Additional Cost).
Type | Below 40 Ft, 40-70 Ft, Above 70 Ft |
Material | Treated, Untreated |
Application Segment | Power Industry, Communications Industry, Others |
End-User | Residential , Commercial, Industrial |
Distribution Channel | Direct Sales, Distributors |
Component | Hardware, Software, Services |
Installation | New Installation, Replacement, Maintenance |
List of Competitors | Stella-Jones, Koppers, Cobb Lumber, Rà ̄Â1⁄4€ B Timber Group, American Timber and Steel Bell Lumberà ̄Â1⁄4⁄4†Pole, Brown Wood Preserving, A Meredith Schneider Co., Cox Industries, Valmont Industries (Tehomet), World Hardwood, Euro Pole Ltd |
This chapter will help you gain GLOBAL Market Analysis of Wood Utility Poles. Further deep in this chapter, you will be able to review Global Wood Utility Poles Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
Chapter 2 North America Market Analysis
Executive Summary North America Market (2019 vs 2024 vs 2031)
Purchase Add-Ons to Customize the Report Edition and get further granular data level data about the North America market. Add-On Cost: Request before placing the order, Respective Pricing will be informed after sending the inquiry
Qualitative Analysis for the North America Market: North America Wood Utility Poles Market Trends North America Wood Utility Poles Technological Road Map North America Wood Utility Poles Market Drivers North America Wood Utility Poles Market Restraints North America Wood Utility Poles Market Opportunity Market Attractiveness Analysis COVID – 19 Impact Analysis PESTEL Analysis Porter’s Five Forces Analysis Product Life Cycle Industrial Chain Analysis
Chapter 3 Europe Market Analysis
Chapter 4 Asia-Pacific Market Analysis
Chapter 5 South America Market Analysis
Chapter 6 Middle East and Africa Market Analysis
Only Available with Corporate User License
Chapter 7 Top 10 Countries Analysis
Competitor's Market Share and Revenue (Subject to Data Availability for Private Players)
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Type Analysis 2019 -2031, will provide market size split by Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Type Analysis 2019 -2031
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Chapter 11 Market Split by Material Analysis 2019 -2031
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Chapter 12 Market Split by Application Segment Analysis 2019 -2031
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Chapter 13 Market Split by End-User Analysis 2019 -2031
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Chapter 14 Market Split by Distribution Channel Analysis 2019 -2031
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Chapter 15 Market Split by Component Analysis 2019 -2031
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Chapter 16 Market Split by Installation Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Wood Utility Poles market
Chapter 17 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Below 40 Ft have a significant impact on Wood Utility Poles market? |
What are the key factors affecting the Below 40 Ft and 40-70 Ft of Wood Utility Poles Market? |
What is the CAGR/Growth Rate of Treated during the forecast period? |
By type, which segment accounted for largest share of the global Wood Utility Poles Market? |
Which region is expected to dominate the global Wood Utility Poles Market within the forecast period? |
Segmentation Level Customization |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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