Middle East Steel Utility Poles Market Growth & Trends
The Middle East steel utility poles market size is expected to reach USD 7.43 billion by 2030 and is anticipated to expand at a CAGR of 5.3% from 2024 to 2030, according to a new report by Grand View Research, Inc.
Over the last few years, steel has successfully managed to displace wood as the preferred material used in poles due to several reasons such as longevity, sturdiness and ecological balance owing to the reduction in deforestation activities for procuring wood. Steel posts have grown in prominence for electricity transmission & distribution and telecommunication cables.
Steel is preferred for larger, heavier loads and high-voltage lines, where taller posts are necessary in order to ensure high ground clearance and longer life spans. In addition, they can be produced as per the requirements and pre-drilled in anticipation of future services or to enable easy maintenance.
Huge investment in countries across the Middle East on their economic and social infrastructure has driven the utility post market. Developments in power, telecommunication, and transportation are expected to accelerate the demand for utility post. However, regular maintenance activities and increased popularity of composite poles is expected to hinder the industry growth over the forecast period.
Middle East Steel Utility Poles Market Report Highlights
- Telecommunication lines in combination with electrical transmission & distribution lines occupied close to 75% of the overall volume share, which can be attributed to the increasing telecom consumer base in the region. Lighting-cum-utility poles emerged as the next popular application, making up 15% of the overall posts in the region.
- Rapid urbanization & industrialization in the Middle Eastern countries have boosted the infrastructural growth across the region resulting in increasing demand for such pole installations. In the gulf state of Oman, especially in the vicinity of coastal areas, overhead lines and metal posts are observed to face severe environmental and maintenance problems and hence may challenge the pole market in the region.
- Utility posts are procured by the concerned telecommunication industry and civil authorities through local vendors. Market control is via tender system with majority of municipalities specifying utility poles. Moreover, pole vendors have started offering fiber reinforced composite posts that are expected to replace the existing posts owing to the advantage such as anti corrosive properties and low maintenance.
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Table of Contents
Chapter 1. Methodology and Scope
Chapter 2. Executive Summary
Chapter 3. Middle East Steel Utility Poles Market Variables, Trends, & Scope
Chapter 4. Middle East Steel Utility Poles Market: Pole Size Estimates & Trend Analysis
Chapter 5. Middle East Steel Utility Poles Market: Application Estimates & Trend Analysis
Chapter 6. Middle East Steel Utility Poles Market: Regional Estimates & Trend Analysis
Chapter 7. Competitive Landscape
Companies Mentioned
- Al-Babtain Power & Telecom
- Arabian Steel Pipes manufacturing
- Europoles Middle East LLC
- Galvanco
- Energya Steel-KSA
- Transrail Lighting Limited
- Inara Lighting Company
- Metrosmart International
- TECHNOPOLE
- Alcopole
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 80 |
| Published | August 2024 |
| Forecast Period | 2023 - 2030 |
| Estimated Market Value ( USD | $ 5.29 Billion |
| Forecasted Market Value ( USD | $ 7.43 Billion |
| Compound Annual Growth Rate | 5.3% |
| Regions Covered | Middle East |
| No. of Companies Mentioned | 10 |
