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Distribution Lines And Poles Market | Major Key Companies are ZTT, Nexans, Fifan, Versalec, KEI, Lamifil, Bell Lumber & Pole, Stresscrete, Pelco, Riyadh Cables, Stella Jones

Distribution Lines And Poles Market | Major Key Companies

Distribution lines and poles market is anticipated to exceed USD 100 billion by 2025. Rapid increase in population in line with growing efforts toward electrification has led to a substantial rise in electricity demand, which in turn will drive the distributed lines and poles market growth. For instance, the Government of India, has spent approximately USD 3.6 billion toward rural electrification between 2014 to 2018.

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Pages: 485
Tables: 1034
Charts / Figures: 47
Companies covered: 27
Countries covered: 30

Ongoing investments toward replacement and refurbishment of the aging power distribution infrastructure will boost the distribution lines and poles market. For instance, as per the U.S. Energy Information Administration (EIA), in 2017, key utilities across the U.S. have invested over USD 50 billion in electricity distribution systems. Moreover, growing per capita consumption of electricity, primarily attributed to increasing adoption of HVAC appliances will stimulate the industry over the forecast time frame.

The 11 kV distribution lines market is anticipated to grow over 4% by 2025. Growing electricity demand from small commercial and residential sector, on account of burgeoning population growth and ongoing commercialization will further escalate product deployment. For instance, MDPI in 2018, forecasted the annual consumption of electricity from residential sector in Nigeria to reach 61 TWh/year in 2030, witnessing a growth of over 50% from 2015.

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ABC distribution lines market will witness rapid growth owing to its safe operation, high reliability, better adaptability and extensive current carrying capacity. Ongoing urbanization accompanied by growing population has led to congestion of space in major cities around the word, thus necessitating the adoption of ABCs in distribution system. Furthermore, growing concerns toward high AT&C losses in distribution system has raised the focus of utilities toward substitution of bare conductors with ABCs.

Key industry players active in the distribution lines and poles market include Fifan, ZTT, Bell Lumber & Pole, Versalec, KEI, Pelco, Lamifil, Stresscrete, Nexans, Apar Industries, Stella Jones, Riyadh Cables and Valmont amongst others.

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