North America Wood Utility Poles Market (2022-2028) | Revenue, Growth, Industry, Size, Share, Outlook, Forecast, Analysis, Trends, Value, Segmentation & COVID-19 IMPACT

North America Wood Utility Poles Market Synopsis

North America wood utility poles market is estimated to grow during the forecast period. The increasing demand for renewable energy and high efficiency of grid systems are responsible for the growth of the wood utility poles market in North America. The increasing adoption of smart grid technology is also a key driver of the market. Increasing awareness about the benefits of using green energy and reducing environmental impacts are also major factors contributing to the growth of the market.

According to 6Wresearch, the North America Wood Utility Poles Market size is expected to grow during 2022-2028. Wood utility poles come in a variety of sizes and shapes, depending on their intended purpose. The most common use for wood utility poles is to support electrical wires. Other uses include supporting telephone lines, water pipes, and sewage pipes. Wood utility poles can also be used to create fences or trellises.

Drivers for the North America Wood Utility Poles Market

The main drivers of the North America wood utility pole market are increasing demand from construction and infrastructure sectors owing to growing urbanization and rising infrastructure investments; growth in greenfield projects; and increasing preference for sustainable building practices among consumers and businesses. Additionally, technological advancements such as unmanned aerial vehicles (UAVs) and robotics are aiding in the development of new applications for wood utilities poles across various markets such as energy transmission, water distribution, public safety communications, etc.

The other drivers for the North America Wood Utility Poles Market growth include increasing demand for renewable energy, high efficiency of grid systems, government initiatives, and rising investments in infrastructure development projects such as highways and airports. This growth can be attributed to the increasing demand for utility poles from various commercial and industrial sectors. In addition, the increasing adoption of LED lighting has resulted in a rise in the demand for utility poles made out of wood.

Restraints and Challenges in the North America Wood Utility Poles Market

The restraints for the growth of the North America Wood Utility Poles Market revenue include fluctuating prices caused by volatility in global crude oil prices, inadequate supply due to stringent environmental regulations, and lack of awareness about these products among consumers.

The challenges faced by the North America wood utility pole market include increased production costs due to high wage inflation; stringent environmental regulations; limited availability of qualified labor; and inadequate infrastructure facilities for manufacturing and delivery purposes. In addition, stringent government standards regulating health & safety requirements are another major challenge facing this market segment.

Some of the restraints on the growth of this market include a high price point associated with wood utility poles, a lack of awareness about wood utility poles among buyers, and stringent environmental regulations that restrict their use.

Market Analysis based on Application

The Energy Transmission & Distribution segment accounted for the highest share in terms of revenue owing to its high demand from various parts of North America. The Telecommunication segment is expected to grow at a higher CAGR owing to increasing adoption of wireless technologies in various sectors such as retail and hospitality. The Street Lighting segment is also projected to register high growth due to increasing investments by various companies for new power generation projects.

Market Analysis based on Material

Concrete utility poles are expected to dominate the market in North America owing to their high strength-to-weight ratio and longer life span. Steel utility poles account for a significant share of the market owing to their superior mechanical properties. Composites are also gaining traction in the market due to their low environmental impact and high strength-to-weight ratio.

Impact of COVID-19 on the North America Wood Utility Poles Market

The COVID-19 pandemic has had a significant impact on the Global wood utility poles market. The outbreak of the pandemic and the resulting lockdown measures have led to a sharp decline in demand for wood utility poles, as construction activity has come to a standstill. This has resulted in oversupply and downward pressure on prices. In addition, the COVID-19 pandemic has disrupted supply chains and caused delays in shipments of wood utility poles.

Opportunities for the North America wood utility pole market

The opportunities for the North America wood utility pole market include increased demand from the infrastructure sector due to increasing investments in greenfield projects; growth in UAV and robotics applications; and increasing preference for sustainable building practices among consumers and businesses. Additionally, increased production costs can be offset by increased pricing power of suppliers due to high wage inflation.

Competitive Landscape for the North America Wood Utility Poles Market

The North America wood utility pole market share is highly competitive with a plethora of companies vying for a share of the lucrative market. The companies are competing with each other on price, quality, delivery time, and overall customer satisfaction. Given the intense competition, it is difficult for any company to achieve significant market dominance.

Key Attractiveness of the Report

• COVID-19 Impact on the Market.
• 10 Years Market Numbers.
• Historical Data Starting from 2018 to 2021.
• Base Year: 2021.
• Forecast Data until 2028.
• Key Performance Indicators Impacting the Market.
• Major Upcoming Developments and Projects.

Key Highlights of the Report:

• North America Wood Utility Poles Market Outlook
• Market Size of North America Wood Utility Poles Market, 2021
• Forecast of North America Wood Utility Poles Market, 2028
• Historical Data and Forecast of North America Wood Utility Poles Revenues & Volume for the Period 2018 - 2028
• North America Wood Utility Poles Market Trend Evolution
• North America Wood Utility Poles Market Drivers and Challenges
• North America Wood Utility Poles Price Trends
• North America Wood Utility Poles Porter's Five Forces
• North America Wood Utility Poles Industry Life Cycle
• Historical Data and Forecast of North America Wood Utility Poles Market Revenues & Volume By Type for the Period 2018 - 2028
• Historical Data and Forecast of North America Wood Utility Poles Market Revenues & Volume By Transmission Poles for the Period 2018 - 2028
• Historical Data and Forecast of North America Wood Utility Poles Market Revenues & Volume By Distribution Poles for the Period 2018 - 2028
• Historical Data and Forecast of United States Wood Utility Poles Market Revenues & Volume By Type for the Period 2018 - 2028
• Historical Data and Forecast of United States Wood Utility Poles Market Revenues & Volume By Transmission Poles for the Period 2018 - 2028
• Historical Data and Forecast of United States Wood Utility Poles Market Revenues & Volume By Distribution Poles for the Period 2018 - 2028
• Historical Data and Forecast of Canada Wood Utility Poles Market Revenues & Volume By Type for the Period 2018 - 2028
• Historical Data and Forecast of Canada Wood Utility Poles Market Revenues & Volume By Transmission Poles for the Period 2018 - 2028
• Historical Data and Forecast of Canada Wood Utility Poles Market Revenues & Volume By Distribution Poles for the Period 2018 - 2028
• Historical Data and Forecast of North America Wood Utility Poles Market Revenues & Volume By Material for the Period 2018 - 2028
• Historical Data and Forecast of North America Wood Utility Poles Market Revenues & Volume By Concrete for the Period 2018 - 2028
• Historical Data and Forecast of North America Wood Utility Poles Market Revenues & Volume By Wood for the Period 2018 - 2028
• Historical Data and Forecast of North America Wood Utility Poles Market Revenues & Volume By Steel for the Period 2018 - 2028
• Historical Data and Forecast of North America Wood Utility Poles Market Revenues & Volume By Composites for the Period 2018 - 2028
• Historical Data and Forecast of United States Wood Utility Poles Market Revenues & Volume By Material for the Period 2018 - 2028
• Historical Data and Forecast of United States Wood Utility Poles Market Revenues & Volume By Concrete for the Period 2018 - 2028
• Historical Data and Forecast of United States Wood Utility Poles Market Revenues & Volume By Wood for the Period 2018 - 2028
• Historical Data and Forecast of United States Wood Utility Poles Market Revenues & Volume By Steel for the Period 2018 - 2028
• Historical Data and Forecast of United States Wood Utility Poles Market Revenues & Volume By Composites for the Period 2018 - 2028
• Historical Data and Forecast of Canada Wood Utility Poles Market Revenues & Volume By Material for the Period 2018 - 2028
• Historical Data and Forecast of Canada Wood Utility Poles Market Revenues & Volume By Concrete for the Period 2018 - 2028
• Historical Data and Forecast of Canada Wood Utility Poles Market Revenues & Volume By Wood for the Period 2018 - 2028
• Historical Data and Forecast of Canada Wood Utility Poles Market Revenues & Volume By Steel for the Period 2018 - 2028
• Historical Data and Forecast of Canada Wood Utility Poles Market Revenues & Volume By Composites for the Period 2018 - 2028
• Historical Data and Forecast of North America Wood Utility Poles Market Revenues & Volume By Pole Size for the Period 2018 - 2028
• Historical Data and Forecast of North America Wood Utility Poles Market Revenues & Volume By Below 40ft for the Period 2018 - 2028
• Historical Data and Forecast of North America Wood Utility Poles Market Revenues & Volume By Between 40 & 80ft for the Period 2018 - 2028
• Historical Data and Forecast of North America Wood Utility Poles Market Revenues & Volume By Above 80ft for the Period 2018 - 2028
• Historical Data and Forecast of United States Wood Utility Poles Market Revenues & Volume By Pole Size for the Period 2018 - 2028
• Historical Data and Forecast of United States Wood Utility Poles Market Revenues & Volume By Below 40ft for the Period 2018 - 2028
• Historical Data and Forecast of United States Wood Utility Poles Market Revenues & Volume By Between 40 & 80ft for the Period 2018 - 2028
• Historical Data and Forecast of United States Wood Utility Poles Market Revenues & Volume By Above 80ft for the Period 2018 - 2028
• Historical Data and Forecast of Canada Wood Utility Poles Market Revenues & Volume By Pole Size for the Period 2018 - 2028
• Historical Data and Forecast of Canada Wood Utility Poles Market Revenues & Volume By Below 40ft for the Period 2018 - 2028
• Historical Data and Forecast of Canada Wood Utility Poles Market Revenues & Volume By Between 40 & 80ft for the Period 2018 - 2028
• Historical Data and Forecast of Canada Wood Utility Poles Market Revenues & Volume By Above 80ft for the Period 2018 - 2028
• Historical Data and Forecast of North America Wood Utility Poles Market Revenues & Volume By Application for the Period 2018 - 2028
• Historical Data and Forecast of North America Wood Utility Poles Market Revenues & Volume By Energy transmission & distribution for the Period 2018 - 2028
• Historical Data and Forecast of North America Wood Utility Poles Market Revenues & Volume By Telecommunication for the Period 2018 - 2028
• Historical Data and Forecast of North America Wood Utility Poles Market Revenues & Volume By Street lighting for the Period 2018 - 2028
• Historical Data and Forecast of North America Wood Utility Poles Market Revenues & Volume By Heavy power lines for the Period 2018 - 2028
• Historical Data and Forecast of North America Wood Utility Poles Market Revenues & Volume By Subtransmission lines for the Period 2018 - 2028
• Historical Data and Forecast of North America Wood Utility Poles Market Revenues & Volume By Others for the Period 2018 - 2028
• Historical Data and Forecast of United States Wood Utility Poles Market Revenues & Volume By Application for the Period 2018 - 2028
• Historical Data and Forecast of United States Wood Utility Poles Market Revenues & Volume By Energy transmission & distribution for the Period 2018 - 2028
• Historical Data and Forecast of United States Wood Utility Poles Market Revenues & Volume By Telecommunication for the Period 2018 - 2028
• Historical Data and Forecast of United States Wood Utility Poles Market Revenues & Volume By Street lighting for the Period 2018 - 2028
• Historical Data and Forecast of United States Wood Utility Poles Market Revenues & Volume By Heavy power lines for the Period 2018 - 2028
• Historical Data and Forecast of United States Wood Utility Poles Market Revenues & Volume By Subtransmission lines for the Period 2018 - 2028
• Historical Data and Forecast of United States Wood Utility Poles Market Revenues & Volume By Others for the Period 2018 - 2028
• Historical Data and Forecast of Canada Wood Utility Poles Market Revenues & Volume By Application for the Period 2018 - 2028
• Historical Data and Forecast of Canada Wood Utility Poles Market Revenues & Volume By Energy transmission & distribution for the Period 2018 - 2028
• Historical Data and Forecast of Canada Wood Utility Poles Market Revenues & Volume By Telecommunication for the Period 2018 - 2028
• Historical Data and Forecast of Canada Wood Utility Poles Market Revenues & Volume By Street lighting for the Period 2018 - 2028
• Historical Data and Forecast of Canada Wood Utility Poles Market Revenues & Volume By Heavy power lines for the Period 2018 - 2028
• Historical Data and Forecast of Canada Wood Utility Poles Market Revenues & Volume By Subtransmission lines for the Period 2018 - 2028
• Historical Data and Forecast of Canada Wood Utility Poles Market Revenues & Volume By Others for the Period 2018 - 2028
• North America Wood Utility Poles Market - Key Performance Indicators
• North America Wood Utility Poles Market - Import Export Trade Statistics
• North America Wood Utility Poles Market - Opportunity Assessment By Countries
• North America Wood Utility Poles Market - Opportunity Assessment By Type
• North America Wood Utility Poles Market - Opportunity Assessment By Material
• North America Wood Utility Poles Market - Opportunity Assessment By Pole Size
• North America Wood Utility Poles Market - Opportunity Assessment By Application
• North America Wood Utility Poles Market - Top Companies Market Share
• North America Wood Utility Poles Market - Top Companies Profiles
• North America Wood Utility Poles Market - Comparison of Players in Technical and Operating Parameters
• North America Wood Utility Poles Market - Strategic Recommendations

Market Covered

The report offers a comprehensive study of the subsequent market segments:

By Countries

• United States
• Canada

By Type

• Transmission Poles
• Distribution Poles

By Material

• Concrete
• Wood
• Steel
• Composites

By Pole Size

• Below 40ft
• Between 40 & 70ft
• Above 70ft

By Application

• Energy Transmission & Distribution
• Telecommunication
• Street Lighting
• Heavy Power Lines
• Sub transmission Lines
• Others