ME steel utility poles market to reach $5.02bn
Technological propagation and significant growth in infrastructure in Qatar, U.A.E., and Saudi Arabia are anticipated to drive the region's future demand
The Middle East steel utility poles market was estimated to have collected revenues worth $4.3bn in 2014. Its growth could be credited to expansion in the sectors of utilities and telecommunications.
Demand for this market has risen due to municipal and governmental support. Supply and transmission of telecommunication lines and power are done by utilising concrete, steel, wooden, and composite utility posts.
In olden days, when wood was easily available and cost-affordable, wooden posts were widely utilized. The utility sector has been experiencing inclination towards the reliability and strength of steel.
Steel has substituted wood due to certain factors. These are deforestation, and huge maintenance required for wood’s increased lifespan.
Taller posts are needed to meet the demands of longer spans and for improved clearances. They are hollow-structured and lighter than composites, wooden, and concrete posts.
Technological propagation and significant growth in infrastructure in Qatar, U.A.E., and Saudi Arabia are anticipated to drive the region in the future. Local pole sellers are now providing fibre-reinforced composite posts.
This is primarily due to their weather-resistant and light weight features. The Middle East steel utility poles market is fragmented in view of two segments.
Along with T&D lines, these posts also carry cable TV lines, telecom lines, and light posts.
Telecommunications occupied near about 75% of the overall posts in the market. Promotion of this application is accountable for market growth.
With respect to geographical regions, Saudi Arabia captured more than 30% of the Middle East steel utility poles market. Qatar and U.A.E. are anticipated to surface as profitable markets in the forecast period.
Some of the major market players are Mideast Engineering, Al-Babtain, Technopole Industries, Inara, Hidada, and Hisham El Sewedy Trading Co. Ltd. They pay importance on integrating composite material posts deeming their popularity.
Moreover, players of the Middle East steel utility poles market struggle to secure agreements with government utilities.