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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Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.

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