Global fiberglass light poles market is projected to expand at around 4% CAGR between 202o and 2026 due to the increasing demand from a plethora of infrastructure avenues. High strength and lightweight light poles are witnessing a growing demand across the global infrastructure sector, which is fostering the industry revenue growth. Additionally, various advancements in the field of fiberglass manufacturing are expected to majorly compliment the overall market size through the analysis period.

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The number of advantages fiberglass light poles offer over other available options is a major determinant that is driving its demand across the globe. Fiberglass is widely used across all terrains since they are highly corrosion resistant and do not require as much maintenance as conventional light poles. In fact, no adverse effect of some of the most corrosive materials like road salts, fertilizers, and saltwater is seen on the product, which is favoring its installations.

The government segment is projected to hold more than 40% of the fiberglass light poles market share and is estimated to expand at a healthy CAGR of 3% through the analysis period. Several government authorities are deploying fiberglass light poles for better, more aesthetic lighting conditions across parks, highways, waterway projects, and museums.

The round tapered poles segment is expected to register momentous growth owing to an increasing demand from outdoor lighting applications. In fact, the segment is projected to expand a healthy CAGR of more than 3% through 2026. A round tapered light pole has a polyurethane coating that is UV inhibiting and a max mounting height of about 40' and comes with a broad base.

The APAC fiberglass light poles market is projected to foresee significant growth primarily led by Japan, China, and India. The region is estimated to dominate the overall market by accounting for more than 39% share by the end of the analysis period. Additionally, regional industries are increasingly focusing on using fiberglass smart poles across numerous applications.

Market players in the fiberglass light poles industry are focusing on acquisitions & mergers, as well as joint ventures to expand their product portfolios and grow their footprint to cover a greater geographical area. Taking October 2019 for instance, Signify, a renowned lighting company reportedly acquired Cooper Lighting Solutions from Eaton Corporation in a $1.4 billion all-cash deal. Signify strengthened its position in North America through this acquisition.

The competitive landscape of the fiberglass light poles market is inclusive of players such as Valmont Industries, PLP Composite Technologies, Lithonia Lighting, ElsewedyElectric.com, and Aeron Composites Pvt Ltd. among others.

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Partial Chapter of the Table of Content

Chapter 4 Fiberglass Light Poles Market Competitive Landscape, 2019

4.1 Introduction

4.2 Company market share

4.3 Competitive analysis of prominent market players

4.3.1 Alliance Composites, Inc.

4.3.2 Elsewedy Electric Co S.A.E.

4.3.3 Lithonia Lighting (Acuity Brands, Inc.)

4.3.4 NAFCO International, Inc.

4.3.5 Valmont Industries, Inc.

Chapter 5 Fiberglass Light Poles Market, By Type

5.1 Key trends, by type

5.2 Square straight

5.2.1 Market estimates and forecast, 2015 – 2026

5.3 Round Tapered

5.3.1 Market estimates and forecast, 2015 – 2026

Chapter 6 Fiberglass Light Poles Market, By Application

6.1 Key trends, by application

6.2 Commercial

6.2.1 Market estimates and forecast, 2015 – 2026

6.3 Residential

6.3.1 Market estimates and forecast, 2015 – 2026

6.4 Government

6.4.1 Market estimates and forecast, 2015 – 2026

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