According to recent research 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 expected to garner lucrative results by 2028.

The major factors driving the U.S. electric towers & poles market growth are the increasing energy demand and escalating utility spending on building, operating, and maintaining electric poles, wires, towers, and smart meters.

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In recent years, growing expenditure on energy distribution to improve the transmission & distribution system's stability and efficiency has boosted the overall industry growth. Several leading businesses have been undertaking initiatives to acquire a competitive advantage in the improving marketplace, ultimately contributing to the market remuneration.

The U.S. electric towers & poles business sphere is segmented based on voltage type, product category, and state analysis. The voltage type market is classified into >66 kV-132 kV, > 11 kV - 33 kV >132 kV, 11 kV, and > 33 kV - 66 kV. The report denotes that the > 66 kV - 132 kV voltage type is estimated to record a CAGR of 5% during the forecasted timeline.

The state-wise analysis of the U.S. electric towers & poles industry vertical expands to New Mexico, Oklahoma, Texas, Florida, California, Georgia, Arizona, Arkansas, Mississippi, and Louisiana.

Based on the report, the Arizona distribution poles market is expected to witness a 6% CAGR through the forecast duration.  Meanwhile, the Louisiana transmission towers industry landscape is poised to expand at 21% CAGR during the forecasted period.

Even the Arkansas transmission towers market is predicted to be valued USD 76 million by 2028.

The companies leading the competitive landscape of the U.S. electric towers & poles market are Trinity Meyer Utility Structures LLC, Sabre Industries Inc., Valmont Industries Inc., MDU Construction Services Group Inc., Primoris Services Corporation, H&M Shared Services Inc., MasTec Inc., MMR Group, Wilson Construction Company, Power Line Services Inc., Burns & McDonnell, Valard Construction, Kiewit Corporation, KEC International Ltd., MYR Group Inc., and Quanta Services Inc.