Distribution Lines and Poles Market Trends

Distribution Lines and Poles Market Trends

Industry’s shift toward achieving higher system efficiency along with respective government’s efforts to expand and strengthen the distribution system with an aim to provide reliable electricity to end user will drive the market size globally. Growing penetration of distributed energy generation along with development of smart grids will further stimulate the business growth. In addition, the global shift towards renewable energy sources like wind and solar necessitates significant upgrades and expansions in distribution networks. Renewable energy plants are often located in remote areas, requiring extensive distribution lines and poles to connect them to the grid, which in tun will propel the industry scenario.