18:30 | 20.10.2020
Global Electricity Transmission Poles Market (2020 to 2025) – Impact of COVID-19 – ResearchAndMarkets.com
The “Global Electricity Transmission Poles Market – Forecasts from 2020 to 2025” report has been added to ResearchAndMarkets.com’s offering.
Global electricity transmission poles market was valued at US$6.386 billion in 2019 and is expected to grow at a CAGR of 6.83% over the forecast period to reach a total market size of US$9.495 billion in 2025.
Electricity poles, also called power poles, support wires and electric cables that carry electricity from power companies to end users. Material that are used in the production of electricity transmission poles include wood, steel, and composite. The choice of material depends on its use which determines the life span of the electricity transmission pole. Electricity transmission poles are used to support and carry electrical lines, distribution lines, and sub-transmission lines.
Rising global electricity consumption is one of the major factors that is fuelling the growth of electricity transmission poles market worldwide. According to the IEA (International Energy Agency), global electricity final consumption was 4.0 per cent higher than the previous year and reached 22,315 TWh. Out of this, the total electricity final consumption in OECD (Organization for Economic and Co-Operation Development) countries was 9,728 TWh while in non-OECD countries, the total electricity final consumption totalled to 12,587 TWh in 2018.
The four largest non-OECD electricity consuming nations in 2018 included India, Brazil, China, and the Russian Federation, out of which China accounted for the largest share, at 47.8 per cent of total non-OECD consumption. Also, electricity in non-OECD is dominated by industrial demand which accounts for 50 per cent of final electricity consumption. Much of the rising consumption of electricity in OECD countries has taken place in the residential, commercial, and public services sectors since 1974. Industrial sector remained the largest end use sector for electricity consumption in 2018. However, the industry’s share of electricity consumption is now only marginally greater than that of residential and commercial sectors.
Rising number of factories across various industries is also a factor that is contributing to the growth of global electricity transmission poles market. Growing urban infrastructural development in developing economies has boosted the construction of residential as well as commercial buildings which is also driving the demand for electricity transmission poles, thus positively impacting the growth of the global electricity transmission poles market.
1.2. Market Segmentation
4.2. Market Restraints
4.3. Market Opportunities
4.4. Porters Five Forces Analysis
4.5. Industry Value Chain Analysis
4.6. Market Attractiveness
7.2. North America
7.3. South America
7.5. Middle East and Africa
7.6. Asia Pacific
8.2. Emerging Players and Market Lucrativeness
8.3. Mergers, Acquisitions, Agreements, and Collaborations
8.4. Vendor Competitiveness Matrix
9.2. KEC International Ltd.
9.3. Skipper Limited
9.4. Europoles GmbH & Co. KG
9.5. Nippon Concrete Industries Co., Ltd.
9.6. Weatherspoon & Williams LLC
9.7. Valmont Industries, Inc.
9.9. NOVA POLE
9.10. Finntrepo Ltd
9.12. OTDS UK Ltd.
For more information about this report visit https://www.researchandmarkets.com/r/maydyh
|Partner||Nutzung||Quellen & Copyright|
|ARIVA.DE AG||Goldinvest.de||AGB||Werbung||Kurse: ARIVA.DE AG|
|Deutsche Börse AG||iwr.de||Impressum||© 1998-2020 EQS Financial Markets & Media GmbH|
|eResearch||MIDAS Research||Datenschutz||Die EQS Financial Markets & Media GmbH übernimmt keine Haftung für die Richtigkeit der Angaben!|