Fiberglass light poles market to reach $ 550 Mn by 2026

By OEM Update Editorial August 20, 2020 6:09 pm IST

According to a recent study from market research firm Global Market Insights, the fiberglass light poles market is set to grow from its current market value of more than US$ 450 million to over US$ 550 million by 2026, gaining remarkable traction over the 2020 to 2026 period.

The demand for fiberglass light poles in commercial and residential applications has increased drastically. The availability of round tapered and square straight fiberglass light poles with anchor or direct burial base is supporting the market growth. The fiberglass material offers excellent resilience and sturdiness against harsh climatic conditions. In addition, these fiberglass light poles are used in urban street lighting solutions. The high strength-to-weight ratio and easy transportation are enabling the extensive demand for fiberglass light poles.

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