Smart Poles Market Revenue, Region, Country, and Segment Analysis & Sizing For 2021–2030
The global smart poles market size was USD 7.52 billion in 2021 and is expected to register a revenue CAGR of 20.7% during the forecast period, according to latest analysis by Emergen Research. Market revenue growth is primarily driven by rising demand for established robust infrastructure for proper traffic management and surge in adoption of connected devices and latest technologies for a variety of tasks. Smart poles are being widely used in important locations such as public spaces, roadways, highways, harbors, and railways and by governments of many cities to offer Wi-Fi connectivity to their residents. In addition, smart poles are ensuring a positive future development with a wide range of applications and growing public awareness. Businesses are optimistic about rising investments in the Architectural, Engineering, and Construction (AEC) sector. To acquire a competitive edge in local, regional, and worldwide markets, all businesses should engage in R&D initiatives and design talents. This is surging demand for smart poles and hence, driving market revenue growth at an exponential rate throughout the forecast period, but established businesses will face fierce competition from startups.
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Key companies operating in the Smart Poles market include:
Signify Holding (Koninklijke Philips N.V.), Acuity Brands Lighting, Inc., Eaton, Wolfspeed, Inc., Hubbell, Savant Technologies LLC (GE Lighting), Lumca, Efftronics Systems Pvt. Ltd., iRam Technologies Pvt. Ltd., Siemens, and Wipro
Key market aspects studied in the report:
Market Scope: The report explains the scope of various commercial possibilities in the global Smart Poles market over the upcoming years. The estimated revenue build-up over the forecast years has been included in the report. The report analyzes the key market segments and sub-segments and provides deep insights into the market to assist readers with the formulation of lucrative strategies for business expansion.
Key Benefits of the Report:
Analytical data with detailed SWOT analysis and Porter’s Five Forces analysis
In-depth 8-year analysis of the Global Smart Poles Market
Critical understanding of the key market segments
Comprehensive analysis of the drivers, restraints, trends, and opportunities
Detailed regional analysis and extensive company profiling
Extensive assessment of current and emerging trends of the market
Comprehensive analysis of the competitive scenario and its changing dynamics
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Smart Poles Market Segmentation:
Pole Type Outlook (Revenue, USD Billion; 2019-2030)
Dual Arm
Single Arm
Round
Component Type Outlook (Revenue, USD Billion; 2019-2030)
Hardware
Lighting Lamp
Light-Emitting Diode (LED) Lamp
Fluorescent Lamp
High-Intensity Discharge (HID) Lamp
Pole Bracket and Pole Body
Communication Device
Ballast
Lamp Controller
Others
Software
Services
Installation
Maintenance
Installation Type Outlook (Revenue, USD Billion; 2019-2030)
New Installation
Retrofit
Smart Poles Market Segmentation by Regions:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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