Selbyville, Delaware, July 27, 2022 (GLOBE NEWSWIRE) --
Distribution lines & poles market is anticipated to cross over USD 130 billion by 2030, according to the latest market research study by Global Market Insights Inc. The increasing demand for effective distribution systems, surging electricity requirement owing to the rising population, and favorable regulatory policies & reforms to revamp existing electrical distribution infrastructures will significantly influence the business dynamics.
The ongoing investments and expenditure on the establishment of new & enhanced power networks for remote areas and rural & sub-urban regions will favor the market expansion. In addition, the adoption of enhanced technologies together with the rapidly mounting consumption of electricity will complement the business landscape.
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The 11 kV - 33 kV distribution lines industry is set to grow due to increasing investments & expenditure on the development and establishment of commercial facilities. An escalating demand to develop distribution infrastructure systems across developing and underdeveloped economies will drive product deployment. Furthermore, railways around the globe are shifting toward electrification of lines that need a huge amount of power at the primary voltage levels, thereby incorporating opportunities for conductors & support infrastructures, which in turn, will support the market outlook.
The primary distribution lines segment is set to grow because of the rising legislative focus on commercialization and industrialization, which has led to a rapid escalation in the number of primary consumers. The increasing number of migrants in the urban areas has further accelerated the demand for electricity within residential establishments, which positively augmented the market growth.
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The steel distribution poles industry is expected to witness significant growth credited to enhanced insulating properties of the unit along with ease of operational accessibility throughout the networks comprising frequent current faults & voltage outages. The capability of these units to offer extended service life, lightweight, and high strength standard quality will further influence the product deployment in the industry. Additionally, minimal terrestrial biome disturbance, easy recyclability, uniform dimensions, coupled with lower life cycle cost are some of the prominent factors elevating product acceptance over its available counterparts.
The market for 10 - 16 meters distribution poles will foresee a significant upsurge attributing to the utilization of these units among low & medium voltage distribution lines, requiring high clearance and longer span. These poles are deployed to lay lines near roads, railways, and public crossing areas that are susceptible to accidents. A growing network of roads and railways combined with rapid urbanization rate will also garner the espousal of these units.
The Latin America distribution lines and poles market is set to showcase a substantial upscale on account of the rising peak load power demand together with continuous infrastructural development around the industrial & commercial sectors. The robust development of low-voltage electrical distribution networks in line with the need for highly advanced, reliable & efficient electric components for sustainable power supply across remote areas and rural regions will further boost the industry landscape.
Some prime findings of the distribution lines & poles market report include:
- The distribution lines & poles industry is slated to grow owing to the upgrade & refurbishment of prevailing electrical grid networks and rising peak load demand.
- Favorable regulations on the development of efficient & effective electrical distribution infrastructures along with the rising extension of distribution energy networks will foster the market statistics.
- Major manufacturers operating in the business scenario include Nexans, alfanar Group, KEI Industries Limited, and Elsewedy Electric, amongst others.
- Rising investments by private & public entities to sustain energy programs coupled with favorable regulatory programs toward sustainable infrastructural development will sway the industry growth.
Partial Table of Contents (ToC) of the report:
Chapter 2 Executive Summary
2.1 Distribution lines and poles industry 3600 synopsis, 2018 - 2030
2.1.1 Business trends
2.1.2 Distribution lines trends
2.1.2.1 Voltage trends
2.1.2.2 Application trends
2.1.2.3 Product trends
2.1.3 Distribution poles trends
2.1.3.1 Voltage trends
2.1.3.2 Height trends
2.1.3.3 Material trends
2.1.4 Regional trends
Chapter 3 Distribution Lines and Poles Industry Insights
3.1 Industry ecosystem analysis
3.2 Innovation & technology landscape
3.3 Regulatory landscape
3.4 COVID- 19 impact on the industry outlook
3.5 Industry impact forces
3.5.1 Growth drivers
3.5.1.1 North America
3.5.1.1.1 Upgradation of existing distribution grid networks
3.5.1.1.2 Rising electric infrastructure spending
3.5.1.2 Europe
3.5.1.2.1 Rapid adoption of smart grid
3.5.1.2.2 Stringent environmental and energy efficiency reforms
3.5.1.3 Asia Pacific
3.5.1.3.1 Increasing investments toward electrification
3.5.1.3.2 Rising electricity demand
3.5.1.4 Middle East & Africa
3.5.1.4.1 Increasing peak load demand
3.5.1.5 Latin America
3.5.1.5.1 Rising demand for sustainable electrical networks
3.5.2 Industry pitfalls & challenges
3.5.2.1 Fluctuating raw material cost
3.6 Growth potential analysis
3.7 Porter's Analysis
3.8 Competitive landscape, 2021
3.9 PESTEL Analysis
Browse Complete Table of Contents (ToC) @ https://www.gminsights.com/toc/detail/distribution-lines-and-poles-market
About Global Market Insights Inc.
Global Market Insights Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy, and biotechnology.
