1 / 6

U.S. Electric Towers & Poles Market PPT

U.S. Electric Towers & Poles Market PPT

GMI1
Download Presentation

U.S. Electric Towers & Poles Market PPT

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. U.S. Electric Towers & Poles Market is expected to be USD 4,570 Million by 2028

  2. Industry Overview • The U.S. electric towers & poles market is expected to showcase substantial growth by 2028 on account of an escalating demand for energy. The nation's ageing power transmission infrastructure, which the government is looking to completely overhaul through its 'Build Back Better' plan, is slated to create a tremendous growth impetus for the industry. • According to the U.S. Energy Information Administration, major utilities throughout the United States have been spending more on energy distribution than energy production over the past few years. Utility spending on electricity delivery includes operating, building, and maintaining electric towers, poles, and wires, replacing aging equipment, and installing smart meters. • Increased expenditure on electricity distribution to improve the reliability and efficiency of the transmission and distribution system has augmented industry uptake in recent years. • Several industry participants have been implementing strategic initiatives to gain a competitive edge in the evolving marketplace, thereby supporting the overall industry growth. For instance, in January 2022, GE Renewable Energy, a global renewable energy company, inked a Service agreement with Avista Utilities, an American energy company, to renovate four generator units located at its Long Lake hydropower facility in the United States. Both the firms intended to improve the overall reliability of the plant equipment and establish an installed capacity of more than 100 MW.

  3. Continue… • with respect to state, the U.S. electric towers & poles market spans the geographies of Florida, California, Georgia, Arizona, Arkansas, New Mexico, Oklahoma, Texas, Mississippi, and Louisiana. • The Arizona distribution poles market is estimated to grow at a CAGR of approximately 6% over the assessment period. The Louisiana transmission towers market is likely to witness robust growth by 2028, expanding at a CAGR of over 21% through the review timeline. • The Mississippi distribution poles market is slated to grow at a respectable CAGR of nearly 3% over the projected timeframe. The Oklahoma distribution poles market is poised to surpass around USD 65 million valuation by the end of 2028. • The Arkansas transmission towers market is anticipated to be worth almost USD 76 million by the end of 2028. • The Georgia distribution poles market is slated to amass considerable gains by 2028, registering a CAGR of more than 7% through the study period. The Florida transmission towers market is speculated to exceed a revenue valuation of about USD 4 million by the end of 2028.

  4. Browse Full Market Research Report Of U.S. electric towers & poles market @ https://bit.ly/3qfiMX0 Request for a Sample of this Research report @ https://bit.ly/3JlrWca

  5. U.S. electric towers & poles market

  6. Stay In Touch Website: www.gminsights.com Social Media:

More Related