The primary purpose of distribution lines and poles is to distribute the electrical energy to end users after receiving it in bulk from transmission or sub-transmission substation. Distribution voltages usually range from 120 V to 66 kV, depending on various factors including regional preferences and consumer type. The selection of these poles varies regionally, largely determined by their availability of raw material and economic feasibility in the region.
MARKET DYNAMICS
The demand within the global distribution lines and poles market has been growing on account of advancements in the field of electricity transfer and communications. The need for distribution lines and poles is felt across all urban and rural centers, and this a key consideration while gauging market growth. The presence of a stellar industry for managing the transfer of electricity from the grids to the commercial, industrial, and residential sectors has aided market growth. It is expected that the global distribution lines and poles market would gather momentum from the growing focus on organizing the electricity sector. Furthermore, the presence of a resilient and durable distribution lines and poles across several regional pockets has also given a thrust to market growth. Furthermore, the global distribution lines and poles market shall also gain from the growing sophistication of public infrastructure, especially across the G8 countries.
MARKET SCOPE
The ?Global Distribution Lines and Poles Market Analysis to 2028" is a specialized and in-depth study of the consumer goods industry with a particular focus on the global market trend analysis. The report aims to provide an overview of the distribution lines and poles market with detailed market segmentation by product type. The global distribution lines and poles market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading distribution lines and poles market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
1. By Product Type: The global distribution lines and poles market is segmented into lines and poles.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry, including both qualitative and quantitative information. It also provides market size and forecast estimates from the year 2018 to 2028 concerning five major regions, namely; North America, Europe, Asia- Pacific (APAC), Middle East and Africa (MEA), and South America. The distribution lines and poles market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the distribution lines and poles market from both the demand and supply sides. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides an exhaustive best analysis for all five regions, namely; North America, Europe APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the distribution lines and poles market in these regions.
IMPACT OF COVID 19
The demand of electricity has been reduced significantly due to the recent COVID-19 pandemic. Governments around the world were compelled to reduce the business activity in response to minimize the threat of coronavirus. This on-going situation due to COVID-19 has changed the lifestyle globally as people are mostly staying home and working from home if possible. Hence, there is a significant increase in residential load demand while there is a substantial decrease in commercial and industrial loads. This devastating situation creates new challenges in the technical and financial activities of the power sector and hence most of the utilities around the world initiated a disaster management plan to tackle this ongoing challenges/threats.
MARKET PLAYERS
The report covers vital developments in the distribution lines and poles market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others, such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnerships and collaborations. These activities have paved the way for the expansion of businesses and the customer base of market players. The market players from the distribution lines and poles market are anticipated to have lucrative growth opportunities in the future with the rising demand for distribution lines and poles in the global market. Below mentioned is the list of a few companies engaged in the distribution lines and poles market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the distribution lines and poles market. Decide the report focuses on leading industry players with information such as company profiles, products, and services offered, financial information of the last three years, the critical development in the past five years.
- ZTT
- Nexans
- Fifan
- Versalec
- KEI,
- Lamifil,
- Bell Lumber & Pole,
- Stresscrete,
- Pelco,
- Riyadh Cables,
- Stella Jones,
- Apar Industries
- Valmont Industries