U.S. Hand Holes Market is Projected to Reach a Worth of US$ 373.7 Mn in 2022 & is Estimated to Hit US$ 564.9 Mn at a CAGR of 4.2% by Year 2032-end | Future Market Insights, Inc.

December 30, 2022

NEWARK, Del, Dec. 30, 2022 (GLOBE NEWSWIRE) -- The U.S. hand holes’ market is estimated to expand at a growth rate of 4.2% CAGR over the forecast period between 2022 and 2032, as per Future Market Insights (FMI). Growth in underground wire networking and an increase in demand for wire splicing to boost the market in the coming years. Growing demand for the underground vault to get access to fiber optic cable and other utilities for splicing and repairs remains a key driving factor for the growth of the market. On the other hand, expansion of construction industry is predominantly driven by the development of large-scale infrastructural projects in the U.S, government initiatives taken for the development of transportation facilities, and the strengthening of their energy (power generation) infrastructure, in turn, surging the demand for the Hand Holes market in the country. Get Access To Sample Now: Key players in the market are expanding their distribution channels in Texas, Arizona, and California owing to higher adoption of hand holes from the telecom industry. The rise in the demand for underground optical fiber in key populated states of Unites States is creating significant growth opportunities for the market. “Growing demand for hand holes in the telecommunication industry owing to their lower cost is expected to bolster the demand in the U.S. Further, favorable U.S. government policies to better the public infrastructure in the 50 states is likely to pave the way for remunerative prospects for hand holes’ manufacturers," says an FMI analyst. Key Takeaways: The U.S. hand holes market is expected to reach US$ 564.9 Mn by the end of 2032, growing at a CAGR of 4.2% over the forecast period.Growing demand for hand holes for easy access to cables & fibers during the course of maintenance & installation is favoring the growth of the market.In terms of material, the precast concrete polymers segment is expected to be dominate the market over the upcoming decade.End users are focusing on high-quality raw materials in order to increase product yield and thus profit margins on overall end-use products.Based on application, the fiber optic cables segment is expected to witness fastest growth over the forecast period. Get Customize Report at 40% discount, Visit: Competitive Landscape Oldcastle Infrastructure™, Jensen Precast, A.C. Miller Concrete Products, Inc., EJ Group, Inc., Garden State Precast, Concast, Inc., Utility Concrete Products, LLC, Paul Mueller Company, Precast Specialities Corp., Commercial Metal Forming, Walker Industries, Ltd. Clark Kennedy Co. Inc., S&M Precast, Hubbell Power Systems, Inc., Advance Concrete Products Co., Cromwell Concrete Products Inc., NovaLight Telecom Supply, Wieser Concrete Products, Inc., Crest Precast Concrete, Grand Valley Concrete Products, Power Precast Products, Corp. and various others are some of the key manufacturers of Hand Holes profiled in the full version of the report. Table of Content 1. Executive Summary     1.1. Market Outlook     1.2. Demand Side Trends     1.3. Supply Side Trends     1.4. Technology Roadmap     1.5. Analysis and Recommendations 2. Market Overview     2.1. Market Coverage / Taxonomy     2.2. Market Definition / Scope / Limitations 3. Key Market Trends     3.1. Key Trends Impacting the Market     3.2. Product Innovation / Development Trends 4. Key Success Factors     4.1. Product Adoption / Usage Analysis     4.2. Product USPs / Features     4.3. Strategic Promotional Strategies 5. Market Demand Analysis 2017–2021 and Forecast, 2022–2032     5.1. Historical Market Volume (Tons) Analysis, 2017–2021     5.2. Current and Future Market Volume (Tons) Projections, 2022–2032     5.3. Y-o-Y Growth Trend Analysis Request a Complete TOC: More Insights into the Hand Holes Market Report In its latest report, FMI offers an unbiased analysis of the U.S. Hand Holes Market, providing historical data from 2017 to 2021 and forecast statistics for the period 2022-to 2032. To understand the market potential, growth, and scope, the market is segmented based on Material Type, Hand Hole Size, Application, and Region. About Future Market Insights (FMI) Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai and has delivery centers in the UK, U.S., and India. FMI's latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers. Explore Our Trending Reports of FMI's Industrial Automation Market Insights Landscape Hand Tools Market Demand – Future Market Insights (FMI) has forecast the global hand tools market to grow at a year-on-year growth of 5.6% in 2022 reaching a value of about US$ 15.06 Bn by 2022 end. 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Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries. Contact Us: Future Market Insights Inc.Christiana Corporate, 200 Continental Drive,Suite 401, Newark, Delaware - 19713, USAT: +1-845-579-5705LinkedIn| Twitter| Blogs | YouTubeFor Sales Enquiries:

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