According to the research report titled ‘U.S. Electric Towers & Poles Market Size, By Product (Transmission Towers, Distribution Poles), By Voltage (≤ 11 kV, > 11 kV - 33 kV, > 33 kV - 66 kV, > 66 kV - 132 kV, > 132 kV), Industry Analysis Report, State Outlook, Growth Potential, Covid-19 Impact Analysis, Competitive Market Share & Forecast, 2022 – 2028’, available with MarketStudyReport, U.S. electric towers & poles market is anticipated to showcase substantial growth through 2028.

Ever-increasing demand for energy, implementation of smart gird network, refurbishment of existing grid infrastructure, and large-scale renewable energy integration are the major growth stimulants for U.S. electric towers & poles market.

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Notably, according to the United States Energy Information Administration, major utilities in the United States have spent more on energy distribution than on energy production in recent years. Utility expenditure on electricity delivery includes the construction, operation, and maintenance of electric towers, poles, and wires, as well as the replacement of ageing equipment and the installation of smart metres.

Increased spending on electricity distribution in order to improve the reliability and efficiency of the transmission & distribution system has bolstered the industry uptake in the recent years.

Based on voltage, the > 66 kV - 132 kV segment is anticipated to record a CAGR of 5% over the forecast period to garner lucrative returns by the end of 2028.

Geographically, the U.S. electric towers & poles market spans across Florida, Georgia, California, Arizona, New Mexico, Arkansas, Texas, Oklahoma, Mississippi, and Louisiana. Among these, the Louisiana transmission towers market is expected to grow rapidly at a CAGR of 21% over the review period.

Meanwhile, Arizona distribution poles industry segment is expected to grow at a CAGR of around 6% during the assessment period. Mississippi distribution poles market is slated to grow with a 3% CAGR over the projected timeframe. Whereas Oklahoma distribution poles segment is reckoned to exceed USD 65 million valuation by the end of 2028.

The leading players in U.S. electric towers & poles market are MDU Construction Services Group, Primoris Services Corporation, Mastec Inc., MMR Group Inc., PLH Group Inc., Burns & McDonnell, KEC International Ltd., MYR Group Inc., Sabre Industries Inc., and Quanta Services Inc.