U.S. Electric Towers & Poles Market Size - By Product (Transmission Towers, Distribution Poles), By Voltage & Forecast 2024 – 2032

U.S. Electric Towers & Poles Market Size

U.S. Electric Towers & Poles Market size was valued at USD 4.8 billion in 2023 and is projected to grow at a CAGR of 5.4% between 2024 and 2032. Increasing demand for electricity and infrastructure development along with rising integration of renewable energy sources for electricity generation is catering to the market growth. The growing population and rapid urbanization in the U.S. have significantly increased the demand for electricity, which in turn adding growth prospects to the market.
 

As urban areas expand, the need for reliable power supply infrastructure is becoming a paramount need in the country and is driving the construction of new electric towers and poles to support the enhanced distribution networks required to deliver electricity to residential, commercial, and industrial sectors. Moreover, rural electrification projects and the modernization of existing infrastructure further propel the need for new installations.
 

U.S. Electric Towers & Poles Market Trends

The shift towards sustainable energy solutions is a major driver for the U.S. electric towers and poles industry. The increasing adoption of renewable energy sources such as wind, solar, and hydroelectric power necessitates the development of new transmission lines and supporting infrastructure. Electric towers and poles are essential for connecting renewable energy generation sites, often located in remote areas, to the main power grid.
 

This integration requires substantial investment in new installations and upgrades to existing structures to handle the variable nature of renewable energy. Policies and incentives promoting green energy, along with advancements in technology for more efficient energy transmission, are accelerating the expansion and upgrading of electric towers and poles to accommodate the growing share of renewables in the energy mix.
 

U.S. Electric Towers & Poles Market Analysis

Based on product, the market is segmented transmission towers & distribution poles. The distribution poles industry will exceed over USD 5.1 billion by 2032. Refurbishment and modernization of the traditional grid infrastructure coupled with increasing electricity demand and favourable regulatory reforms toward the expansion of the existing network will sway the deployment of distribution lines and poles across the region.
 

Based on voltage the U.S. electric towers and poles market is segmented into ≤ 11 kV, > 11 kV - 33 kV, > 33 kV – 66 kV, > 66 kV – 132 kV, > 132 kV. The ≤ 11 kV electric towers & poles industry is expected to expand at over 5.1% CAGR through 2032. Capacity-based distribution poles are anticipated to rise on account of increasing construction activities across residential and commercial sectors. The industry has gained significance momentum on account of the growing measures associated with electrical supply faults, fire, health, and other operational hazards.
 

The California electric towers & poles market is anticipated to grow over USD 850 million by 2032. Rising electricity demand along with growing investments toward refurbishment of grid infrastructure will boost the industry outlook. In addition, shifting inclination toward installation of reliable and safe electric supply units will propel the business growth.
 

Ongoing integration of renewable resources combined with increasing demand for uninterrupted power supply will drive the U.S. electric towers and poles industry growth. Moreover, strict government policies for energy efficient systems will complement the business outlook.
 

U.S. Electric Towers & Poles Company Market Share

AECOM, Burns & McDonnell, H&M Shared Services, Inc., KEC International Ltd., Kiewit Corporation are at the forefront of the industry. These manufacturers acquire the tenders/projects from the state and regional based utilities across the electrical networks to install, repair & replace the new/conventional electrical infrastructure. Moreover, leading equipment manufacturers are also involved in operations & maintenance of existing infrastructure to strengthen their foothold across the industry peripherals.
 

U.S. Electric Towers & Poles Market Companies 

Some of the key market players operating across the U.S. electric towers & poles industry are:

• AECOM
• Burns & McDonnell
• H&M Shared Services, Inc.
• KEC International Ltd.
• Kiewit Corporation
• MasTec
• MDU Construction Services Group
• MMR Group
• MYRGROUPINC
• PLH Group
• Power Line Services, Inc.
• Primoris Services Corporation
• Quanta Services
• Valard Construction
• Valmont Industries Inc.
• Wilson Construction Company
   

U.S. Electric Towers & Poles Industry News

• In April 2024, State grid operator CAISO has proposed a USD 6.1 billion investment in 26 grid improvements aimed at connecting new renewable energy projects by 2035. These projects involve upgrading existing grid infrastructure, such as installing transformers and stringing new conductors on existing towers. This strategic decision by the California government will bolster industry growth in the country.
   
• In February 2024, The U.S. Department of Energy (DOE) announced a USD 1.2 billion investment to accelerate the construction of large-scale transmission lines. This initiative aims to overcome financial barriers that hinder the development of new and upgraded transmission lines, thereby boosting product deployment and contributing to market growth.
   

The U.S. electric towers & poles market research report includes in-depth coverage of the industry with estimates & forecast in terms of ‘MT’, ‘Units’ & ‘USD’ from 2021 to 2032 for the following segments:

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Market, By Product

• Transmission Towers
• Distribution Poles

Market, By Voltage

• ≤ 11 kV
• > 11 kV - 33 kV
• > 33 kV – 66 kV
• > 66 kV – 132 kV
• > 132 kV

The above information has been provided for the following states in the country:

• Arizona
• Arkansas
• California
• Florida
• Georgia
• Louisiana
• Mississippi
• New Mexico
• Oklahoma
• Texas