The United States hand holes market is to witness a year-on-year growth of 4.1% in 2023 and reach US$ 389.0 million by 2023. It is further anticipated to total US$ 586.9 million by 2033. The demand for hand holes is primarily driven by the increasing extent of repair and maintenance activities, retrofitting existing infrastructure supplemented by industry growth and urbanization.
The United States hand holes market is a broader construction and utilities infrastructure segment. It primarily targets sectors such as utilities, telecommunications, and construction. Hand holes play a vital role in offering access points for maintenance, inspection, and repair activities in several types of infrastructure. The level of capitalization in infrastructure projects, comprising utilities, telecommunications, and transportation, can significantly impact market demand.
As urban areas inflate and populations increase, the need for utility and telecommunications networks increases, boosting demand for hand holes. Compliance with industry standards and regulations set forth by organizations such as the American National Standards Institute (ANSI) or specific regulatory agencies influences hand holes' design and use.
Advances in resources and manufacturing technology can lead to the growth of more durable, efficient, and cost-effective hand hole solutions. There is a growing emphasis on environmentally friendly materials and sustainable performance in infrastructure and construction projects. This may impact the choice of materials used to manufacture hand holes.
The presence of several suppliers and manufacturers in the market can influence prices, quality, and innovation. Competition can lead to developments in product innovation and client service. With the increasing adoption of the Internet of Things (IoT) and smart technologies, hand holes may need to be planned to accommodate sensors, cameras, or other connected devices.
| Attributes | Key Insights |
|---|---|
| The United States Hand Hole Market Analysis (2022A) | US$ 373.7 million |
| The United States Hand Hole Market Estimated Size (2023E) | US$ 389.0 million |
| Projected the United States Hand Hole Market Valuation (2033F) | US$ 586.9 million |
| Value-based CAGR (2023 to 2033) | 4.2% |
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Over the historical period from 2018 to 2022, the United States hand holes market recorded a CAGR of 4.1% and reached US$ 373.7 million in 2022 from US$ 350 million in 2018.
The United States is one of the developed countries with a colossal infrastructure built years ago and is now due for renovation and upgradation. The United States hand holes market is projected to expand at a CAGR of 4.2% between 2023 and 2033. The demand is expected to benefit from rising usage in the construction and telecom sectors.
The construction industry in the United States is expected to expand significantly due to residential and office infrastructure growth. Furthermore, with the advent of new technologies in the construction sector, the government has efficient several industrial renovation projects, thereby boosting the demand for hand holes in the United States.
Furthermore, increasing industrialization and urbanization are also supporting market expansion. According to White House statistics, the government has announced over US$ 185 billion in funding and about 6,900 specific projects in all 50 states. Considering these factors, loss-making sales in the United States are anticipated to reach US$ 586.9 million by 2033.
Increased demand for hand holes in several applications, such as commercial and industrial facilities, as well as increased use of hand holes in utility pits, are expected to drive the hand holes market during the forecast period. Infrastructure investments and upgradation boost economic activities and benefit several allied industries.
The United States currently stands at 16th in broadband coverage and 3rd in mobile coverage globally. The country handles enormous freight through railway lines and is one of the largest in managing air traffic and travelers. The government is committed to upgrading the existing infrastructure in the transportation sector development. As per a report by the American Road and Transportation Builders Association, at least 7% of the bridges are structurally deficient and need attention.
Against the backdrop of these situations, investments in these sectors will indirectly benefit sales of hand holes in the country. The convenience offered by hand holes to allow quick access and a safe passage to carry out regular maintenance and servicing of corresponding utility services makes them an essential component in the structures and enclosures, thus positively influencing their demand prospects in the near future.
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Principal Consultant
The table below highlights the market size and CAGR of the United States for 2033. The market is anticipated to surge to US$ 586.9 million by 2033.
| Country | United States |
|---|---|
| Market Value (2033) | US$ 586.9 million |
In the table below, the CAGR of the United States is given for the review period 2023 to 2033. The United States is expected to surge at a CAGR of 4.2% through 2033.
| Country | United States |
|---|---|
| Value-based CAGR (2023 to 2033) | 4.2% |
The United States hand holes market plays a significant role in telecommunications, construction, utilities, and infrastructure industries. Hand holes are vital components to access, maintain, and inspect underground or concealed equipment.
Hand holes are broadly used in the utility sector to accommodate water and gas valves, electrical components, and other critical infrastructure. In telecommunications, hand holes serve as access points for junction boxes, fiber optic cables, and other network devices. Hand holes are vital for offering access to underground utilities and confirming proper maintenance and repairs.
The continuous need for infrastructure expansion and modernization drives the demand for hand holes in several construction projects. As technology evolves, the market will likely see increasing demand for hand holes to accommodate advanced devices and sensors. Compliance with industry safety standards and guidelines significantly impacts the design and use of hand holes.
The growth of smart cities needs the integration of advanced technologies, often involving the installation of gateways for network and surveillance equipment. The market favors handles made from strong materials such as concrete, fiberglass, or composite materials, which bid longevity and resistance to ecological factors.
Manufacturers focus on innovation and product differentiation to advance a competitive advantage, offering advanced materials, enhanced design, and ease of installation features. External aspects such as the pandemic or other unforeseen measures could disrupt the supply chain, possibly distressing production and delivery times.
Growth opportunities can come from developing technologies such as 5G deployment, IoT growth, and renewable energy projects that need robust and reachable infrastructure. The hand holes market will continue to comply with industry morals and regulations to safeguard safety and quality.
The table below signifies leading sub-categories under material type and application categories in the United States hand holes market. Precast concrete and fiber optic cables are expected to dominate the market by exhibiting around 55% share in 2023.
| Category | Market Share (2023) |
|---|---|
| Precast concrete (by Material) | 55% |
| Fiber optic cables (by Application) | 55% |
By material type, precast concrete is the growing segment of the United States hand holes market and is estimated to hold about 55% of the market value share, by material, in 2023. Precast concrete is a commonly used material for hand pits because it is strong, durable, and sturdy.
The construction of the underground system is intended to use prefabricated hand holes. Equipment, fuses, cables, service connections, and splices for street lighting and secondary distribution systems can be located in precast concrete hand holes.
Precast concrete plays a vital role in the construction industry and various applications, including those involving hand holes in the United States. They often accommodate utility and infrastructure equipment, such as communication systems, electrical components, and water meters. It manages and guards fiber optic and other telecommunications cables, safeguarding their integrity and longevity.
Precast concrete hand holes aid as chambers containing air distribution valves and related equipment, providing safe access for maintenance. It can house electrical gears in solar energy systems, ensuring they are protected and accessible. It can also offer stable mounting ideas for security cameras and other surveillance equipment.
Precast concrete is known for its high strength and toughness, providing long-term protection for critical infrastructure gears. It can be tailored to precise dimensions and requirement, ensuring it is an exact fit for its intended use. Precast concrete withstands harsh ecological conditions, providing reliable guards in several climates.
Based on application, fiber optic cables are expected to reach US$ 337.4 million by 2033. The segment is projected to create an incremental opportunity of US$ 116.0 million from 2023 to 2033.
Fiber optic cables spread data at high speeds, making them essential for providing fast and reliable Internet service. VoIP services primarily rely on fiber optic networks to provide voice communications over the Internet. Fiber optic cables enable the distribution of high-definition video content and IPTV services. Fiber optic networks can be unified with traffic management systems to support real-time traffic monitoring and control. It can allow smart lighting systems, enabling remote control and energy-efficient operation.
Fiber optic cables are widely used in data centers for high-speed data transmission among servers and network devices. They are used for real-time monitoring and regulation of well and pipeline operations in boreholes. It supports data transmission and high-quality video conferencing for remote medical applications.
Fiber optic cables facilitate communication between several building systems, including lighting, HVAC, and security. These cables support high-speed communication amid automated systems in manufacturing plants. It is vital in secure, high-bandwidth communications systems used in military applications.
In all these applications, fiber optic cables offer advantages such as low latency, resistance to electromagnetic interference, high bandwidth, and the capability to transmit over long distances. These benefits underwrite improving the overall efficacy and reliability of hand-hole systems in several industries in the United States.
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In the hand holes market, around 60 to 65% of the market share is held by key players, which play a vital role in the growth of the overall market. Over the next few years, competition in the market is expected to intensify as potential new companies try to enter the market.
Manufacturers focus on expanding their business by launching new products and strengthening distribution networks. Along with this factor, prominent companies focus on acquisitions, mergers, and partnerships with local companies, agents, and distributors. Leading companies are establishing strategic partnerships with several end-user industries to expand their geographic reach and enhance revenues.
The company also strives to maintain the best product quality and complete projects on time to win other projects from local governments.
For instance,
| Attribute | Details |
|---|---|
| Estimated The United States Hand Holes Market Size (2023) | US$ 389.0 million |
| Projected The United States Hand Holes Market Valuation (2033) | US$ 586.9 million |
| Value-based CAGR (2023 to 2033) | 4.2% |
| Historical Data | 2018 to 2022 |
| Forecast Period | 2023 to 2033 |
| Quantitative Units | Value (US$ billion) |
| Key Segments Covered | Material Type, Hand Hole Size, Application, Region |
| Key Companies Profiled | 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.; Others |
The United States hand holes market is expected to total US$ 389.0 Million in 2023.
Demand will likely increase at 4.2% CAGR through 2033.
Oldcastle Infrastructure, Concast, Inc. etc. are key players, commanding ~65% shares.
End users will likely prefer precast concrete through 2033.
Fiber optic cables will likely remain a highly preferred application segment.
1. Executive Summary
1.1. Market Outlook
1.2. Demand Side Trends
1.3. Supply Side Trends
1.4. Material Type 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 / Application Analysis
4.2. Product USPs / Features
4.3. Product Strategic Promotional Strategies
5. Market Demand Analysis 2018 to 2022 and Forecast, 2023 to 2033
5.1. Historical Market Volume (Units) Analysis, 2018 to 2022
5.2. Current and Future Market Volume (Units) Projections, 2023 to 2033
5.3. Y-o-Y Growth Trend Analysis
6. Market - Pricing Analysis
6.1. Regional Pricing Analysis
6.2. Average Pricing Analysis Benchmark
7. Market Demand (in Value or Size in US$ million) Analysis 2018 to 2022 and Forecast, 2023 to 2033
7.1. Historical Market Value (US$ million) Analysis, 2018 to 2022
7.2. Current and Future Market Value (US$ million) Projections, 2023 to 2033
7.2.1. Y-o-Y Growth Trend Analysis
7.2.2. Absolute $ Opportunity Analysis
8. Market Background
8.1. Macro-Economic Factors
8.1.1. GDP Growth Outlook
8.1.2. Electrical and Electronics Industry Outlook
8.1.3. Wastewater Treatment Industry Outlook
8.1.4. Other Macro-Economic Factors
8.2. Forecast Factors - Relevance & Impact
8.2.1. Top Companies Historical Growth
8.2.2. GDP Growth forecast
8.2.3. Manufacturing Industry forecast
8.2.4. Growth in End-Use Industries
8.2.5. Technological Advancements
8.2.6. Other Forecast Factors
8.3. Value Chain
8.3.1. List of Manufacturers
8.3.2. List of Distributors
8.3.3. List of End-users
8.4. COVID-19 Crisis - Impact Assessment
8.4.1. Current Statistics
8.4.2. Short-Mid-Long Term Outlook
8.4.3. Likely Rebound
8.5. Market Dynamics
8.5.1. Drivers
8.5.2. Restraints
8.5.3. Opportunity Analysis
9. Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Material Type
9.1. Introduction / Key Findings
9.2. Historical Market Size (US$ million) and Volume Analysis By Material Type, 2018 to 2022
9.3. Current and Future Market Size (US$ million) and Volume Analysis and Forecast By Material Type, 2023 to 2033
9.3.1. Precast Concrete
9.3.2. Polymer Concrete
9.3.3. Fiberglass
9.3.4. HDPE
9.3.5. Advance Composite
9.4. Market Attractiveness Analysis By Material Type
10. Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Hand Hole Size
10.1. Introduction / Key Findings
10.2. Historical Market Size (US$ million) and Volume Analysis By Application, 2018 to 2022
10.3. Current and Future Market Size (US$ million) and Volume Analysis and Forecast By Application, 2023 to 2033
10.3.1. Square
10.3.1.1. Up to 20 x 15
10.3.1.2. 20 x 15 to 20 x 30
10.3.1.3. 20 x 30 to 30 x 48
10.3.1.4. 30 x 48 & Above
10.3.2. Rectangular
10.3.2.1. Up to 6.75 x 11 x 9
10.3.2.2. 6.75 x 11 x 9 to 24 x 28 x 28
10.3.2.3. 24 x 28 x 28 to 30 x 40 x 40
10.3.2.4. 36 x 40 x 40 & above
10.3.3. Circular
10.3.3.1. Up to 6 x 10
10.3.3.2. 6 x 10 to 9 x 12
10.3.3.3. 9 x 12 to 10 x 42
10.3.3.4. above 10 x 42
10.4. Market Attractiveness Analysis By Application
11. Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Application
11.1. Introduction / Key Findings
11.2. Historical Market Size (US$ million) and Volume Analysis By Application, 2018 to 2022
11.3. Current and Future Market Size (US$ million) and Volume Analysis and Forecast By Application, 2023 to 2033
11.3.1. Fiber Optic Cables
11.3.2. Wire Splicing & Repair
11.3.3. Others
11.4. Market Attractiveness Analysis By Application
12. Market Analysis 2018 to 2022 and Forecast 2023 to 2033, by Region
12.1. Introduction
12.2. Historical Market Size (US$ million) and Volume Analysis By Region, 2018 to 2022
12.3. Current Market Size (US$ million) and Volume Analysis and Forecast By Region, 2023 to 2033
12.3.1. West
12.3.2. Midwest
12.3.3. Northeast
12.3.4. South
12.4. Market Attractiveness Analysis By Region
13. West Market Analysis 2018 to 2022 and Forecast 2023 to 2033
13.1. Introduction
13.2. Pricing Analysis
13.3. Historical Market Size (US$ million) and Volume Analysis By Market Taxonomy, 2018 to 2022
13.4. Market Size (US$ million) Forecast By Market Taxonomy, 2023 to 2033
13.4.1. By Country
13.4.1.1. California
13.4.1.2. New Mexico
13.4.1.3. Arizona
13.4.1.4. Rest of West
13.4.2. By Material Type
13.4.3. By Hand Hole Size
13.4.4. By Application
13.5. Market Attractiveness Analysis
13.5.1. By Country
13.5.2. By Material Type
13.5.3. By Hand Hole Size
13.5.4. By Application
13.6. Market Trends
13.7. Key Market Participants - Intensity Mapping
13.8. Drivers and Restraints - Impact Analysis
14. Midwest Market Analysis 2018 to 2022 and Forecast 2023 to 2033
14.1. Introduction
14.2. Pricing Analysis
14.3. Historical Market Size (US$ million) and Volume Analysis By Market Taxonomy, 2018 to 2022
14.4. Market Size (US$ million) Forecast By Market Taxonomy, 2023 to 2033
14.4.1. By Country
14.4.1.1. Illinois
14.4.1.2. Ohio
14.4.1.3. Michigan
14.4.1.4. Rest of Midwest
14.4.2. By Material Type
14.4.3. By Hand Hole Size
14.4.4. By Application
14.5. Market Attractiveness Analysis
14.5.1. By Country
14.5.2. By Material Type
14.5.3. By Hand Hole Size
14.5.4. By Application
14.6. Key Market Participants - Intensity Mapping
14.7. Drivers and Restraints - Impact Analysis
15. Northeast Market Analysis 2018 to 2022 and Forecast 2023 to 2033
15.1. Introduction
15.2. Pricing Analysis
15.3. Historical Market Size (US$ million) and Volume Analysis By Market Taxonomy, 2018 to 2022
15.4. Market Size (US$ million) Forecast By Market Taxonomy, 2023 to 2033
15.4.1. By Country
15.4.1.1. Pennsylvania
15.4.1.2. New York
15.4.1.3. Massachusetts
15.4.1.4. Rest of Northeast
15.4.2. By Material Type
15.4.3. By Hand Hole Size
15.4.4. By Application
15.5. Market Attractiveness Analysis
15.5.1. By Country
15.5.2. By Material Type
15.5.3. By Hand Hole Size
15.5.4. By Application
15.6. Market Trends
15.7. Key Market Participants - Intensity Mapping
15.8. Drivers and Restraints - Impact Analysis
16. South Market Analysis 2018 to 2022 and Forecast 2023 to 2033
16.1. Introduction
16.2. Pricing Analysis
16.3. Historical Market Size (US$ million) and Volume Analysis By Market Taxonomy, 2018 to 2022
16.4. Market Size (US$ million) Forecast By Market Taxonomy, 2023 to 2033
16.4.1. By Country
16.4.1.1. Florida
16.4.1.2. Texas
16.4.1.3. Georgia
16.4.1.4. Rest of South
16.4.2. By Material Type
16.4.3. By Hand Hole Size
16.4.4. By Application
16.5. Market Attractiveness Analysis
16.5.1. By Country
16.5.2. By Material Type
16.5.3. By Hand Hole Size
16.5.4. By Application
16.6. Market Trends
16.7. Key Market Participants - Intensity Mapping
16.8. Drivers and Restraints - Impact Analysis
17. Market Structure Analysis
17.1. Market Analysis by Tier of Companies (Biomass)
17.2. Market Concentration
17.3. Market Share Analysis of Top Players
17.4. Market Presence Analysis
17.4.1. By Material Type
17.4.2. By Hand Hole Size
17.4.3. By Application
18. Competition Analysis
18.1. Competition Dashboard
18.2. Competition Benchmarking
18.3. Competition Deep Dive (Precast Concrete)
18.3.1. UCP Utility Concrete Products
18.3.2. CONCAST
18.3.3. Utility Structures Inc.
18.3.4. JENSEN PRECAST
18.3.5. OSWAL GROUP
18.3.6. LOCKE
18.3.7. Oldcastle Infrastructure
18.3.8. AC Miller
18.3.9. Advance Concrete Products Co.
18.3.10. Cromwell Concrete Products Inc.
18.3.11. Precast Specialities Corp.
18.3.12. NovaLight Telecom Supply
18.3.13. Walker Industries, Ltd.
18.4. Competition Deep Dive (Polymer Concrete)
18.4.1. BASF SE
18.4.2. Sika AG
18.4.3. Wacker Chemie AG
18.4.4. Dudick Inc.
18.4.5. ACO Group
18.4.6. Kwik Bond Polymer Concrete
18.4.7. Hubbel Power Systems
18.5. Competition Deep Dive (Fiberglass)
18.5.1. Owens Corning
18.5.2. China Jushi Co. Ltd.
18.5.3. Taishan Fiberglass Inc.
18.5.4. Saint Gobain
18.6. Competition Deep Dive (HDPE)
18.6.1. Dow Inc.
18.6.2. SABIC
18.6.3. Exxon Mobil Corporation
18.6.4. LyondellBasell Industries Holdings B.V.
18.7. Competition Deep Dive (Advanced Composites)
18.7.1. Toray Industries Inc.
18.7.2. Hexcel Corporation
18.7.3. Huntsman Corporation
18.7.4. Dupont De-
19. Assumptions and Acronyms Used
20. Research Methodology
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United States Hand Holes Market
