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With an initial valuation of $1.27B in 2023, the global fiberglass light poles market is expected to reach 2.88B by 2031, expanding from 1.90B in 2024 at a CAGR of 7.6%.
Because of its longevity, affordability, and adaptability, fiberglass light poles are becoming increasingly popular around the globe. Fiberglass light pole sales are expected to rise in the future due to rising investments in lighting infrastructure diversification. Fiberglass light poles have a brighter future in demand than their traditional counterparts since they are more resistant to corrosion, electrical conductivity, and weathering.
Municipalities around the globe choose fiberglass poles because they last longer and are more durable than traditional poles, which means they require less maintenance and are more cost-effective. These poles are great for use in a variety of outdoor settings, including streets and parking lots, because they don't deteriorate easily. Because of their nonconductivity and ability to withstand high humidity, fiberglass light poles are an excellent option for locations where electrical conductivity is an issue, and they may also be utilized in coastal areas without corrosion problems. The use of lightweight fiberglass light poles, which provide lower wind resistance and are extremely eco-friendly for mounting LED lights, is complementing the increasing usage of LED lighting, which is driven by a growing focus on sustainability. The long-term demand for fiberglass light poles is expected to be boosted by improvements in lighting systems.
Poles made of fiberglass are ideal for energy-saving lighting applications. Fiberglass light poles are becoming increasingly popular for lightning applications because to their many advantages, including high strength, lightweight, and durability, which is fueling the need for this market. Additional factors impacting the growth of the fiberglass light poles market include the increasing costs of metallic poles and the need for alternative, low-cost, high-strength poles.
During the projected period, the demand for long-lasting and easy-to-install lighting infrastructure will be driven by emerging Internet of Things (IoT) technologies and smart city lighting improvements. This will propel the fiberglass light poles market expansion. Nevertheless, the intricate production methods and potential health risks linked to fiberglass could potentially hinder the expansion of the market for fiberglass light poles. Additional factors driving the demand for anti-corrosive lighting infrastructure and the diverse variety of applications for fiberglass light poles, including street, garden, and traffic lighting, are anticipated to fuel the market for these products in the years to come.
An extensive and expertly crafted research study of the fiberglass light poles business, the "Global Fiberglass Light Poles Market Analysis to 2031" examines the worldwide market trends in great detail. The purpose of this research is to offer a synopsis of the global market for fiberglass light poles by breaking it down into submarkets according to product type, application, end-user, and region. There will likely be a surge in demand for fiberglass light poles around the world throughout the projected time. The research gives essential data on the current state of the market for fiberglass light poles, as well as important trends and opportunities in the industry.
The growing interest in eco-friendly light bulbs is a driving force behind the demand for fiberglass light poles. Reducing energy usage and carbon emissions is a global priority for governments and organizations. To accomplish these aims, fiberglass light poles are used because of their adaptability to LED and other energy-saving lighting technology. The use of fiberglass light poles is being propelled by the current trend toward eco-friendly city planning and smart city projects. The corrosion resistance and extended lifespan of these poles make them long-lasting and environmentally benign because they lessen the frequency of replacements and the damage that comes with them.
Report Coverage
Global Fiberglass Light Poles research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Fiberglass Light Poles report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Fiberglass Light Poles competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Fiberglass Light Poles market players and analyses their core competencies in each global market sub-segments.
Key Points Covered in the Report
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Fiberglass Light Poles market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Fiberglass Light Poles market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Valmont Industries, Inc., StressCrete Group, Elite Optoelectronics Co., Ltd., Eurofins E&E North America, SELUX Corp., Union Metal Corporation, Valmont Structures Australia, Polefab, Ameron Pole Products (a division of Valmont Industries), Alura Lighting, Pexco Davidson Traffic Control Products, Clearway Group, Exel Composites, Hill & Smith Ltd., Omega Industries, Inc., LSI Industries Inc., LightMart, Maico Industries, Inc., Vista Professional Outdoor Lighting, Lyte Poles.
Primary Target Market
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2031. INFINITIVE DATA EXPERT has segmented the global Fiberglass Light Poles market based on the below-mentioned segments:
Global Fiberglass Light Poles Market, By Type
Square Straight Fiberglass Pole
Round Tapered Fiberglass Pole
Global Fiberglass Light Poles market, By Application
Residential
Commercial
Government
Global Fiberglass Light Poles market, Regional Analysis
Because of its longevity, affordability, and adaptability, fiberglass light poles are becoming increasingly popular around the globe. Fiberglass light pole sales are expected to rise in the future due to rising investments in lighting infrastructure diversification. Fiberglass light poles have a brighter future in demand than their traditional counterparts since they are more resistant to corrosion, electrical conductivity, and weathering.
Municipalities around the globe choose fiberglass poles because they last longer and are more durable than traditional poles, which means they require less maintenance and are more cost-effective. These poles are great for use in a variety of outdoor settings, including streets and parking lots, because they don't deteriorate easily. Because of their nonconductivity and ability to withstand high humidity, fiberglass light poles are an excellent option for locations where electrical conductivity is an issue, and they may also be utilized in coastal areas without corrosion problems. The use of lightweight fiberglass light poles, which provide lower wind resistance and are extremely eco-friendly for mounting LED lights, is complementing the increasing usage of LED lighting, which is driven by a growing focus on sustainability. The long-term demand for fiberglass light poles is expected to be boosted by improvements in lighting systems.
Poles made of fiberglass are ideal for energy-saving lighting applications. Fiberglass light poles are becoming increasingly popular for lightning applications because to their many advantages, including high strength, lightweight, and durability, which is fueling the need for this market. Additional factors impacting the growth of the fiberglass light poles market include the increasing costs of metallic poles and the need for alternative, low-cost, high-strength poles.
During the projected period, the demand for long-lasting and easy-to-install lighting infrastructure will be driven by emerging Internet of Things (IoT) technologies and smart city lighting improvements. This will propel the fiberglass light poles market expansion. Nevertheless, the intricate production methods and potential health risks linked to fiberglass could potentially hinder the expansion of the market for fiberglass light poles. Additional factors driving the demand for anti-corrosive lighting infrastructure and the diverse variety of applications for fiberglass light poles, including street, garden, and traffic lighting, are anticipated to fuel the market for these products in the years to come.
An extensive and expertly crafted research study of the fiberglass light poles business, the "Global Fiberglass Light Poles Market Analysis to 2031" examines the worldwide market trends in great detail. The purpose of this research is to offer a synopsis of the global market for fiberglass light poles by breaking it down into submarkets according to product type, application, end-user, and region. There will likely be a surge in demand for fiberglass light poles around the world throughout the projected time. The research gives essential data on the current state of the market for fiberglass light poles, as well as important trends and opportunities in the industry.
The growing interest in eco-friendly light bulbs is a driving force behind the demand for fiberglass light poles. Reducing energy usage and carbon emissions is a global priority for governments and organizations. To accomplish these aims, fiberglass light poles are used because of their adaptability to LED and other energy-saving lighting technology. The use of fiberglass light poles is being propelled by the current trend toward eco-friendly city planning and smart city projects. The corrosion resistance and extended lifespan of these poles make them long-lasting and environmentally benign because they lessen the frequency of replacements and the damage that comes with them.
Report Coverage
Global Fiberglass Light Poles research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Fiberglass Light Poles report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Fiberglass Light Poles competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Fiberglass Light Poles market players and analyses their core competencies in each global market sub-segments.
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2017-2031 |
| Base Year | 2023 |
| Forecast Period | 2023-2031 |
| Historical Period | 2017-2021 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | Valmont Industries, Inc., StressCrete Group, Elite Optoelectronics Co., Ltd., Eurofins E&E North America, SELUX Corp., Union Metal Corporation, Valmont Structures Australia, Polefab, Ameron Pole Products (a division of Valmont Industries), Alura Lighting, Pexco Davidson Traffic Control Products, Clearway Group, Exel Composites, Hill & Smith Ltd., Omega Industries, Inc., LSI Industries Inc., LightMart, Maico Industries, Inc., Vista Professional Outdoor Lighting, Lyte Poles. |
| Segments Covered | • By Product |
| Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of Fiberglass Light Poles Market from 2021 to 2031.
- Market Forecast for Fiberglass Light Poles Market from 2021 to 2031.
- Regional Market Share and Revenue from 2021 to 2031.
- Country Market share within region from 2021 to 2031.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, Fiberglass Light Poles competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on Fiberglass Light Poles
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Fiberglass Light Poles market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Fiberglass Light Poles market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Valmont Industries, Inc., StressCrete Group, Elite Optoelectronics Co., Ltd., Eurofins E&E North America, SELUX Corp., Union Metal Corporation, Valmont Structures Australia, Polefab, Ameron Pole Products (a division of Valmont Industries), Alura Lighting, Pexco Davidson Traffic Control Products, Clearway Group, Exel Composites, Hill & Smith Ltd., Omega Industries, Inc., LSI Industries Inc., LightMart, Maico Industries, Inc., Vista Professional Outdoor Lighting, Lyte Poles.
Primary Target Market
- Market Players of Fiberglass Light Poles
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2031. INFINITIVE DATA EXPERT has segmented the global Fiberglass Light Poles market based on the below-mentioned segments:
Global Fiberglass Light Poles Market, By Type
Square Straight Fiberglass Pole
Round Tapered Fiberglass Pole
Global Fiberglass Light Poles market, By Application
Residential
Commercial
Government
Global Fiberglass Light Poles market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
About This Research
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