Utility Poles Market to Reach $67.0 Billion, Globally, by 2032 at 2.7% CAGR: Allied Market Research [Yahoo! Finance]
Valmont Industries, Inc. (VMI)
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Source: Yahoo! Finance
Moreover, surge in demand for electricity and continual development of power transmission and distribution networks contribute to a positive market outlook for utility poles. Wilmington, Delaware, March 12, 2024 (GLOBE NEWSWIRE) -- Allied Market Research published a report, titled, “ Utility Poles Market by Application (Energy Transmission & Distribution, Telecommunication, Street Lighting, Heavy Power Lines, Subtransmission Lines, and Others), by Type (Transmission Poles and Distribution Poles), Material (Wood, Steel, Composites, and Concrete), and Pole Size (Below 40ft, Between 40ft & 70ft, and Above 70ft): Global Opportunity Analysis and Industry Forecast, 2023-2032." According to the report, the utility poles market was valued for $51.5 billion in 2022 and is estimated to reach $67.0 billion by 2032, exhibiting a CAGR of 2.7% from 2023 to 2032. Download PDF Brochure: https://www.alliedmarketresearch.com/request-sample/5939 Prime determinants of growth Surge in demand for o
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