U.S. Utility Poles Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032

U.S. Utility Poles Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032

Growth Factors of the U.S. Utility Poles Market

The U.S. utility poles market size stood at USD 7.18 billion in 2023. The market revenue is anticipated to increase from USD 7.66 billion in 2024 to USD 11.93 billion by 2032, registering a CAGR of 5.68% from 2024 to 2032.

A rise in infrastructure investments, rapid urbanization, and the transformation of power grids are fueling the demand for utility poles. Key players focus on replacing older poles with tech-enabled infrastructure. An increase in sustainability initiatives and large-scale development efforts are boosting the demand for utility poles.

Escalating weather extremes, including hurricanes, wildfires, and severe storms drive demand for stronger infrastructure to withstand these events. Utilities nationwide are prioritizing upgrades to enhance the resilience of power poles, aiming to prevent outages and manage repair costs linked to climate-related damage. Overhead power lines remain a key concern as climate instability intensifies, with the U.S. Energy Department reporting that storm-induced outages cost the economy over USD 33 billion annually on average. NOAA’s 2022 report underscores the growing impact, with the U.S. experiencing 18 disasters exceeding USD 1 billion in damages-placing the year on par with 2017 and 2011, and trailing only 2020’s 22 disasters and 2021’s 20. This factor is propelling the U.S. utility poles market growth.

Comprehensive Analysis of the U.S. Utility Poles Market

In terms of installation type, the market is classified into new and replacement. The replacement segment takes center stage in the global market due to the requirement for updating aging infrastructure and meeting modernization goals. By material, the market is segregated into steel, concrete, wood, and composite. Wooden poles maintain a strong market presence, thanks to their easy transportability and easy installation, making them ideal for rural and remote settings. On the basis of application, the market is divided into transmission line, distribution line, telecommunication line, and others. Distribution lines account for the largest U.S. utility poles market share as a result of increasing consumer expectations for consistent, high-quality power and tools to monitor energy use through smart solutions.

Top providers of utility poles in the market include Valmont Industries, Inc (U.S.), Pelco Structural, LLC (U.S.), Stella-Jones (Canada), Bell Lumber & Pole (U.S.), Nello Corporation (U.S.), Sabre Industries, Inc. (U.S.), Creative Composites Group (U.S.), StressCrete Group (Canada), Koppers (U.S.), and NOV Inc. (U.S.). Key suppliers of utility poles are focusing on increasing their production capacities to maintain their dominance. In May 2024, Valmont Industries Inc. unveiled plans to expand its Tennessee facility to improve production capacities for its engineered steel structures. The company committed over USD 6 million over five years, ensuring it can meet future demands from the utility and transportation sectors efficiently.

Segmentation Table

U.S. Utility Poles Market Scope

Study Period 2019-2032

Base Year 2023

Forecast Period 2024-2032

Historical Period 2019-2022

Growth Rate CAGR of 5.68% from 2024 to 2032

Unit Value (USD Billion & K Units)

Segmentation By Installation Type, Pole Size, Material, Application, and State

Segmentation By Installation Type

New

Replacement

By Pole Size

Below 40ft

Between 40ft – 70ft

Above 70ft

By Material

Steel

Concrete

Composite

Wood

By Application

Transmission Line

Distribution Line

Telecommunication line

Others

By State

Texas (By Installation Type)

Florida (By Installation Type)

Ohio (By Installation Type)

Pennsylvania (By Installation Type)

Georgia (By Installation Type)

North Carolina (By Installation Type)

Illinois (By Installation Type)

West Virginia (By Installation Type)

Tennessee (By Installation Type)

Indiana (By Installation Type)

Louisiana (By Installation Type)

Alabama (By Installation Type)

Arkansas (By Installation Type)

Kansas (By Installation Type)

Kentucky (By Installation Type)

Mississippi (By Installation Type)

Missouri (By Installation Type)

Oklahoma (By Installation Type)

South Carolina (By Installation Type)

Virginia (By Installation Type)

Rest of the U.S. (By Installation Type)