How Big is the Smart Pole Industry?

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.

Market Outlook:

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.

Note: We are in the process of updating our reports. If you want to receive the latest research data covering the time period from 2023 to 2028, along with industry trends, market size, and competitive analysis, click on the request sample report. The team would be able to deliver the latest version of the report in a quick turnaround time.

Download a free sample report to get a detailed overview of the market: https://www.imarcgroup.com/smart-pole-market/requestsample

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.

Some of these key players include:

  • 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.

Breakup by Component:

  • Hardware
  • Software
  • Services

Breakup by Hardware:

  • Lighting Lamp
  • Pole Bracket & Pole Body
  • Communication Device
  • Controller
  • Others

Breakup by Installation Type:

  • New Installation
  • Retrofit

Breakup by Application:

  • Highways and Roadways
  • Public Places
  • Railways and Harbors

Breakup by Region:

  • North America
  • Asia-Pacific
  • Europe
  • Latin America
  • Middle East and Africa

Make inquiry before purchase of this report: https://www.imarcgroup.com/request?type=report&id=3838&flag=F

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.

About Us                                    

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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