Smart Pole Market Growth, Trends, Share, Industry Analysis by 2027
The report has segmented the smart pole market on the basis of component, hardware, installation type, application and region.
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According to the latest report by IMARC Group, titled “Smart Pole Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, the global smart pole market is expected to exhibit a CAGR of 17.1% during 2022-2027.
Smart pole refers to a lighting system that is integrated with artificial intelligence (AI) sensors, wireless connectivity, intelligent light emitting diode (LED) lighting, and 5G technology to create a smart city. It utilizes cell-based stations present within the pole that communicate information between multiple parties through real-time data. Smart poles are commonly used as charging stations for electric vehicles (EVs) and are built with surveillance systems to monitor air quality, traffic, gatherings, crimes, accidents, and unauthorized parking.
Market Trends:
Rapid urbanization and the rising need to efficiently manage assets and infrastructure are primarily driving the global smart pole market. Besides this, governments of several nations have been focusing on developing smart city projects and applying the Internet of Things (IoT) to improve air quality, traffic flow, and establish advertising systems, which is further propelling the market growth. Apart from this, the increasing usage of 5G wireless connectivity in smart poles has led to a significant improvement in mobile networks across the globe, which is creating a positive outlook for the market.
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Competitive Analysis and Segmentation:
Competitive Landscape with Key Players:
The competitive landscape of the smart pole market has been studied in the report with the detailed profiles of the key players operating in the market.
Major Players Covered:
Acuity Brands Lighting Inc
Cree Inc.
General Electric Company
Lumca Inc.
Mobile Pro Systems
Neptun Light Inc.
Siemens AG
Signify Holding
Sunna Design
Telensa Limited
Wipro Limited
Zumtobel Group
Key Market Segmentation:
The report has segmented the smart pole market on the basis of component, hardware, installation type, application and region.
Based on Component:
Hardware
Software
Services
Based on Hardware:
Lighting Lamp
Pole Bracket & Pole Body
Communication Device
Controller
Others
Based on Installation Type:
New Installation
Retrofit
Based on Application:
Highways and Roadways
Public Places
Railways and Harbors
Geographical Analysis:
North America: (United States, Canada)
Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
Latin America: (Brazil, Mexico, Others)
Middle East and Africa
Read TOC: https://www.imarcgroup.com/smart-pole-market/toc
Key highlights of the report:
Market Performance (2016-2021)
Market Outlook (2022-2027)
Industry Trends
Market Drivers and Success Factors
The Impact of COVID-19 on the Global Market
Value Chain Analysis
Structure of the Global Market
Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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