"Actionable Insights to Fuel Your Growth"

U.S. Utility Transmission Pole Market Size, Share & COVID-19 Impact Analysis, By Pole Size (Below 40ft, Between 40ft-70ft, and Above 70ft), By Material (Steel, Concrete, Composite, and Wood), and Country Forecast, 2023-2030

Last Updated: November 04, 2024 | Format: PDF | Report ID: FBI108909

 

KEY MARKET INSIGHTS

Play Audio Listen to Audio Version

The U.S. utility transmission pole market size was valued at USD 2.25 billion in 2022 and is projected to grow at a CAGR of 5.9% during the forecast period. 


Electricity poles are column-like structures that support public utilities and services, such as power lines, wires, and cables. These towers support the transmission (transmission lines) of electricity. Depending on the needs and available resources, the size of these poles and the material from which they are made vary. The power pole is about 12 meters high (depending on the terrain) and has a spacing of 38 to 91 meters.


Due to the lockdowns and restrictions on mobility and workforce during the COVID-19 pandemic, many construction projects for new transmission and distribution projects were delayed. The delays have resulted in increased costs and reduced returns on funds. In addition, the pandemic also disrupted global supply chains, leading to shortages and price increases for equipment and materials needed for utility transmission poles projects.


U.S. Utility Transmission Pole Market Trends


Rising Development of Composite Materials is one of the Key Trends in the Market


The increasing development and utilization of composite materials in utility transmission poles have a significant impact on driving the U.S. utility transmission pole market growth. Composite materials, such as Fiberglass-reinforced Polymers (FRP), carbon fiber composites, and other advanced materials, are known for their high strength-to-weight ratios. This displays that composite utility transmission poles can offer the same or even greater strength as traditional materials, such as wood or steel, while being much lighter. This makes transportation, installation, and maintenance easier and more cost-effective.


In the U.S., woodpeckers and pests cause millions of dollars in damage to wooden poles yearly. In some cases, when aggressively attacked by woodpeckers, a wooden pole may already be less in strength to support its primary design load two or three days after installation.


U.S. Utility Transmission Pole Market Growth Factors


Growing Demand for Energy is a Fundamental Factor Propelling Market Growth


As the U.S. population increases, so does the demand for electricity. More people equates to more households, businesses, and industries requiring power to function. Urban areas are centers of economic activity and innovation. As people migrate to cities, the demand for energy-intensive services, such as transportation, heating, cooling, and electronic devices, increases, placing additional strain on the power grid. Industrial processes consume substantial amounts of electricity. As economies develop and industrial sectors expand, the demand for energy to power factories and manufacturing facilities rises.


For instance, according to the U.S. Energy Information Administration (EIA), the share of electricity consumed increased, and the U.S. residential sector consumed around 5.1 quadrillion British thermal units (quads) of electricity in 2022. The projections of residential consumption of purchased electricity increase between 14% and 22% from 2022 to 2050 across all cases, attaining between 5.9 and 6.3 quads.                                                                         


RESTRAINING FACTORS


Growing Adoption of Underground Connections is Hindering Market Growth


The growing inclination toward underground power distribution and transmission connections can impact market growth of utility transmission poles. In densely populated urban areas or locations with limited available space, underground power connections can be more feasible compared to installing above-ground utility transmission poles. This can limit the demand for new pole installations in such regions. Underground cables generally require less maintenance compared to overhead lines and poles, which can be affected by weather conditions and environmental factors. This reduced maintenance can be an appealing factor for utility companies.


U.S. Utility Transmission Pole Market Segmentation Analysis


By Pole Size Analysis


Based on pole size, the market is segmented into below 40ft, between 40ft – 70ft, and above 70ft.


The above 70ft segment held a larger U.S. utility transmission pole market share in 2022 for transmitting higher voltage power lines. These lines carry significant electrical loads over longer distances, and taller poles help maintain safe clearance for the power lines above the ground.


By Material Analysis


Based on material, the market is segmented into steel, concrete, composite, and wood.


The steel segment is a major segment in the market as it is not susceptible to woodpeckers, termites, and other forms of degradation. Steel utility poles offer a certain level of fire resistance for many areas. Due to their strength, these poles can hold larger overhead lines.



  • For instance, according to Oak Ridge National Laboratory, an estimated 2.5 million wooden poles are replaced annually. Since 1998, nearly one million steel distribution poles have been installed. They are now being used by over 600 of 3,100 U.S. due to the easy installation, durability, and lower life cycle costs.


List of Key U.S. Utility Transmission Pole Market Companies


In terms of competitive landscape, the market represents the presence of established and emerging electricity transmission tower companies. Stella-Jones is expected to capture a significant market share due to its broad product portfolio and strong brand. In addition, the company is also focused on enhancing its sales, distribution, and marketing channels through partnerships with local partners to strengthen its product reach in the U.S. Other companies with a significant presence in the U.S. market include Saber Industries, Bell Lumber, Pole, and Quanta Services.


LIST OF KEY COMPANIES PROFILED:



  • Stella-Jones (U.S.)

  • Sabre Industries (U.S.)

  • Bell Lumber & Pole (U.S.)

  • Quanta Services (U.S.)

  • KEC International Ltd (U.S.)

  • Kiewit Corporation (U.S.)

  • Valard Constructions (U.S.)

  • Burns & McDonnell (U.S.)

  • PLH Group (U.S.)

  • Wilson Construction Company (U.S.)


KEY INDUSTRY DEVELOPMENTS: 



  • September 2022: Bell Lumber & Pole Company acquired the assets of The Oeser Company, a Bellingham-based utility pole manufacturer and supplier. After the transaction, Bell claims to be the largest supplier of utility poles in North America and to expand its presence in the Pacific Northwest.

  • September 2022: Stella-Jones entered into a definitive agreement to acquire substantially all of the assets used in Texas Electric's wooden pole manufacturing business for a total purchase price of USD 28 million plus approximately USD 4 million in inventory.

  • October 2022: RS Technologies and Energy Impact Partners announced a strategic capital investment of more than USD 150 million to accelerate further expansion of RS Technologies' industry-leading utility structure manufacturing business in North America. The company's PowerON line of composite poles is becoming the industry standard for mitigating the impact of extreme fire and storm events and accelerating grid restoration efforts.


REPORT COVERAGE


The U.S. transmission poles market research report provides a detailed analysis of the market. It focuses on key aspects such as an overview of technological advancements, market trends, and other aspects. Additionally, it includes an overview of the reimbursement scenario for transmission poles, new product launches, key industry developments such as mergers, partnerships, and acquisitions, and the impact of COVID-19 on the market. The report also provides insights into the market trends and sheds light on key industry dynamics. In addition to the factors mentioned above, it includes several factors that have contributed to the growth of the market in recent years.


An Infographic Representation of U.S. Utility Transmission Pole Market

To get information on various segments, share your queries with us



Report Scope & Segmentation













































ATTRIBUTE



DETAILS



Study Period



2019-2030



Base Year



2022



Estimated Year



2023



Forecast Period



2023-2030



Historical Period



2019-2021



Growth Rate



CAGR of 5.9% from 2023 to 2030



Unit



Value (USD Billion)



Segmentation


 



By Pole Size



  • Below 40ft

  • Between 40ft – 70ft

  • Above 70ft



By Material



  • Steel

  • Concrete

  • Composite

  • Wood






Frequently Asked Questions

Fortune Business Insights says that the market was worth USD 2.25 billion in 2022.

The U.S. market is expected to exhibit a CAGR of 5.9% during the forecast period (2023-2030).

By pole size, above 70ft is a considerable proportion of the market.

Stella-Jones, Sabre Industries, and Bell Lumber & Pole are some of the top players in the market.

Seeking Comprehensive Intelligence on Different Markets?
Get in Touch with Our Experts
Speak to an Expert
  • 2019-2030
  • 2022
  • 2019-2021
  • 70
Multi-report Purchase Plan
    A Customized Plan Will be Created Based on the number of reports you wish to purchase
Energy & Power Clients
Nikon
Itochu
UL
Caterpillar
GM
Client Testimonials

“We are quite happy with the methodology you outlined. We really appreciate the time your team has spent on this project, and the efforts of your team to answer our questions.”

- One of the largest & renowned medical research centers based in the U.S. on a report on the U.S. NIPT Market.

“Thanks a million. The report looks great!”

- Feedback from a consultant on a report on the U.S. Beef Market.

“Thanks for the excellent report and the insights regarding the lactose market.”

- Brazil based company specializing in production of protein ingredients.

“I liked the report; would it be possible to send me the PPT version as I want to use a few slides in an internal presentation that I am preparing.”

- Global Digital Services Agency on a report on the Global Luxury Goods Market.

“This report is really well done and we really appreciate it! Again, I may have questions as we dig in deeper. Thanks again for some really good work.”

- U.S.-based biotechnology company focussing on treatment of chronic pain.

“Kudos to your team. Thank you very much for your support and agility to answer our questions.”

- Europe-based provider of solutions to automate data centre operations.

“We appreciate you and your team taking out time to share the report and data file with us, and we are grateful for the flexibility provided to modify the document as per request. This does help us in our business decision making. We would be pleased to work with you again, and hope to continue our business relationship long into the future.”

- India-based manufacturer of industrial and specialty intermediates with a strong global presence.

“I want to first congratulate you on the great work done on the Medical Platforms project. Thank you so much for all your efforts.”

- One of the largest cosmetics company in the world.

“Thank you very much. I really appreciate the work your team has done. I feel very comfortable recommending your services to some of the other startups that I’m working with, and will likely establish a good long partnership with you.”

- U.S. based startup operating in the cultivated meat market.

“We received the below report on the U.S. market from you. We were very satisfied with the report.”

- Global hearing aids manufacturer.

“I just finished my first pass-through of the report. Great work! Thank you!”

- U.S. based solar racking solutions provider.

“Thanks again for the great work on our last partnership. We are ramping up a new project to understand the imaging and imaging service and distribution market in the U.S.”

- World’s leading advisory firm.

“We feel positive about the results. Based on the presented results, we will do strategic review of this new information and might commission a detailed study on some of the modules included in the report after end of the year. Overall we are very satisfied and please pass on the praise to the team. Thank you for the co-operation!”

- Germany based machine construction company.

“Thank you very much for the very good report. I have another requirement on cutting tools, paper crafts and decorative items.”

- Japanese manufacturing company of stationery products.

“We are happy with the professionalism of your in-house research team as well as the quality of your research reports. Looking forward to work together on similar projects”

- One of the Leading Food Companies in Germany

“We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. The data offered to us was exactly what we were looking for. Thank you!”

- Intuitive Surgical

“I recommend Fortune Business Insights for their honesty and flexibility. Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report. We value them as a research company worthy of building long-term relationships.”

- Major Food Company in Japan

“Well done Fortune Business Insights! The report covered all the points and was very detailed. Looking forward to work together in the future”

- Ziering Medical

“It has been a delightful experience working with you guys. Thank you Fortune Business Insights for your efforts and prompt response”

- Major Manufacturer of Precision Machine Parts in India

“I had a great experience working with Fortune Business Insights. The report was very accurate and as per my requirements. Very satisfied with the overall report as it has helped me to build strategies for my business”

- Hewlett-Packard

“This is regarding the recent report I bought from Fortune Business insights. Remarkable job and great efforts by your research team. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive”

- Global Management Consulting Firm

“Please pass on our sincere thanks to the whole team at Fortune Business Insights. This is a very good piece of work and will be very helpful to us going forward. We know where we will be getting business intelligence from in the future.”

- UK-based Start-up in the Medical Devices Sector

“Thank you for sending the market report and data. It looks quite comprehensive and the data is exactly what I was looking for. I appreciate the timeliness and responsiveness of you and your team.”

- One of the Largest Companies in the Defence Industry
We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies . Privacy.
X