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Fibreglass Utility Poles Market worth $7.71 billion by 2030, growing at a CAGR of 7.60% - Exclusive Report by 360iResearch
Fibreglass Utility Poles Market | 360iResearch
The Global Fibreglass Utility Poles Market to grow from USD 4.61 billion in 2023 to USD 7.71 billion by 2030, at a CAGR of 7.60%.
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Fiberglass utility poles are structural poles made from fiberglass-reinforced plastic (FRP) materials that support power lines, streetlights, communication lines, and other utility lines. Fiberglass utility poles are highly durable and resistant to extreme weather conditions, such as high ice and lightning strikes. They are also lightweight and easy to transport, making them a cost-effective alternative to traditional utility poles that require heavy machinery for installation. Fiberglass utility poles are non-conductive, making them safer for workers and the public during electrical installations and maintenance. Increasing demand for anti-corrosive utility infrastructure and the rising need for utility poles for commercial and residential areas in smart city applications raised the utilization of fiberglass utility poles. However, complex manufacturing processes, lack of awareness, and several health hazards impede the usage of fiberglass utility poles. In addition, emerging IoT technologies, advancements in smart utility poles, and increasing investment by private organizations significantly create robust opportunities for developing fiberglass utility poles.
The regional growth of the fiberglass utility poles industry in North American countries is characterized by several government initiatives to set up fiberglass recycling plants and boost the production of composites, increasing the adoption of fiberglass utility poles. In Asia-Pacific, rapid urbanization and industrialization and increasing government investment in the infrastructure sector have resulted in the need for efficient lighting solutions. The government initiatives such as Smart City Mission and the Atal Mission for Rejuvenation and Urban Transformation (AMRUT) increased the adoption of fiberglass utility poles. In Europe, stringent government regulations have pressured enterprises to reduce carbon footprints, and most organizations are retrofitting utility infrastructure in their premises with smart lighting.
Market Segmentation & Coverage:
This research report categorizes the Fibreglass Utility Poles Market in order to forecast the revenues and analyze trends in each of following sub-markets:
Based on Pole Type, market is studied across Round Tapered and Square Straight. The Round Tapered is projected to witness significant market share during forecast period.
Based on Length Type, market is studied across 20-40ft, Above 40ft, and Up to 20ft. The Above 40ft is projected to witness significant market share during forecast period.
Based on Finish, market is studied across Smooth and Textured. The Textured is projected to witness significant market share during forecast period.
Based on Application, market is studied across Distribution Poles, Street Lighting, Telecommunication, and Transmission Poles. The Street Lighting is projected to witness significant market share during forecast period.
Based on End-Use, market is studied across Commercial, Industrial, and Residential. The Residential is projected to witness significant market share during forecast period.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Europe, Middle East & Africa is projected to witness significant market share during forecast period.
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FPNV Positioning Matrix:
The FPNV Positioning Matrix is essential for assessing the Fibreglass Utility Poles Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).
Market Share Analysis:
The Market Share Analysis offers an insightful look at the current state of vendors in the Fibreglass Utility Poles Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.
Key Company Profiles:
The report delves into recent significant developments in the Fibreglass Utility Poles Market, highlighting leading vendors and their innovative profiles. These include Aeron Composite Pvt. Ltd., Alliance Composites, Alum Bank, PA, Creative Composites Group by Hill & Smith PLC, Ercon Composites, FUCHS Europoles GmbH, Hitachi Energy Ltd., Hubbell Incorporated, Intelli-Pole by High Land Composites, Jameson Tools, Jerol Industri AB by Comrod Communication AS, JINDAL POWER CORPORATION, Light Pole Systems, Inc., Nantong Wellgrid Composite Material Co., Ltd., NOV Inc., OKUMA FISHING TACKLE CO., LTD.., Penguin Composites, PLUSINNO, Pole-Tech Co Inc, RS Technologies Inc., Shanghai Tunghsing Composites Co., Ltd., Strongwell Corporation, Sumip Composites Pvt Ltd., Syntec Corporation by Eckoh plc, Tencom Ltd., TOP GLASS Industries S.p.A., Valmont Industries, Inc., W. W. Grainger, Inc., and Wood Preservers, Inc. by Stella-Jones.
Key Topics Covered:
1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Fibreglass Utility Poles Market, by Pole Type
7. Fibreglass Utility Poles Market, by Length Type
8. Fibreglass Utility Poles Market, by Finish
9. Fibreglass Utility Poles Market, by Application
10. Fibreglass Utility Poles Market, by End-Use
11. Americas Fibreglass Utility Poles Market
12. Asia-Pacific Fibreglass Utility Poles Market
13. Europe, Middle East & Africa Fibreglass Utility Poles Market
14. Competitive Landscape
15. Competitive Portfolio
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments
The report answers questions such as:
1. What is the market size and forecast of the Fibreglass Utility Poles Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Fibreglass Utility Poles Market?
3. What is the competitive strategic window for opportunities in the Fibreglass Utility Poles Market?
4. What are the technology trends and regulatory frameworks in the Fibreglass Utility Poles Market?
5. What is the market share of the leading vendors in the Fibreglass Utility Poles Market?
6. What modes and strategic moves are considered suitable for entering the Fibreglass Utility Poles Market?
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