Smart Pole Market Insights and Growth by 2031
Smart pole also known as intelligent lighting pole, unlike conventional light pole a smart pole is fully equipped and integrated with various other devices like Wi-Fi router, Bluetooth hub, cameras, charging points, LED information display, RFID, solar panel, SOS or emergency call both and various sensors like light, motion, temperature, noise, and air pollution etc. The smart pole is energy efficient also as it utilizes solar panel for energy generation. The smart poles are successfully emerging in developing countries and have acquired a key position in countries like India where the government is focusing on its "Smart Cities Initiatives." The smart pole market is growing in developed countries with government's aim to improve the public experience. The Smart poles popularity is increasing rapidly due to its ability of multifunctioning, which in turn is helping the government and other private sector players to address the urban problems with ease.
MARKET DYNAMICS
The global smart pole market is deemed to witness high growth due to driving factors such as the need for energy efficiency pole lighting system, increasing government initiatives for smart cities, advantage of preventing of traffic jams and accidents, real-time report, analysis and controllability. However, high cost of installation and maintenance hampering the growth of Smart Pole market. The smart pole can be considered a major milestone in industry as it would create ample opportunities for the players engaged in in the field of street light system, smart devices, internet connectivity, communication devices, and others in forthcoming future.
MARKET SCOPE
The "Global Smart Pole Market Analysis to 2031" is a specialized and in-depth study of the technology, media and telecommunication with a special focus on the global Market trend analysis. The report aims to provide an overview of Smart Pole Market with detailed Market segmentation by technology, type and geography. The global Smart Pole Market is expected to witness high growth during the forecast period. The report provides key statistics on the Market status of the leading Smart Pole Market players and offers key trends and opportunities in the Market.
MARKET SEGMENTATION
The global smart pole market is segmented on the basis of offering, type and application model. Based on offering, the market is segmented into component, software, and service, further component is divided into lighting lamp, pole bracket and pole body, communication device, ballast, lamp controller, others (Sensor, Camera, Speaker, EV Charger); and further service is divided into installation and maintenance. On the basis of the type the market is segmented into new installation and retrofit. On the basis of application model, the market is segmented into, highways and roadways, public place, railways and harbors and others.
REGIONAL FRAMEWORKThe report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global smart pole market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The smart pole market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting smart pole market from both demand and supply side and further evaluates Market dynamics effecting the Market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the smart pole market in these regions.
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- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global smart pole market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The smart pole market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting smart pole market from both demand and supply side and further evaluates Market dynamics effecting the Market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the smart pole market in these regions.
MARKET PLAYERSThe reports cover key developments in the smart pole market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the Market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of Market players. The Market payers from smart pole market are anticipated to lucrative growth opportunities in the future with the rising demand for smart pole in the global Market. Below mentioned is the list of few companies engaged in the smart pole market.
The report also includes the profiles of key smart POLE companies along with their SWOT analysis and Market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- Philips Lighting Holding B.V.
- GE Lighting Co. Ltd
- Hubbell Incorporated
- Cree, Inc.
- Eaton Corporation
- Acuity Brands Inc.
- SAPA Group
- Maven Systems Pvt. Ltd.
- Zumtobel Group
- Lumca Inc.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Smart Pole - By Offering
1.3.2 Smart Pole - By Type
1.3.3 Smart Pole - By Application
1.3.4 Smart Pole - By Region
1.3.4.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. SMART POLE LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.3. ECOSYSTEM ANALYSIS
4.4. EXPERT OPINIONS
5. SMART POLE - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS, RESTRAINTS & EXPECTED INFLUENCE OF COVID-19 PANDEMIC
6. SMART POLE - GLOBAL MARKET ANALYSIS
6.1. SMART POLE - GLOBAL MARKET OVERVIEW
6.2. SMART POLE - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. SMART POLE - REVENUE AND FORECASTS TO 2028 - OFFERING
7.1. OVERVIEW
7.2. OFFERING MARKET FORECASTS AND ANALYSIS
7.3. COMPONENT
7.3.1. Overview
7.3.2. Component Market Forecast and Analysis
7.3.3. Lighting Lamp Market
7.3.3.1. Overview
7.3.3.2. Lighting Lamp Market Forecast and Analysis
7.3.4. Pole Bracket and Pole Body Market
7.3.4.1. Overview
7.3.4.2. Pole Bracket and Pole Body Market Forecast and Analysis
7.3.5. Communication Device Market
7.3.5.1. Overview
7.3.5.2. Communication Device Market Forecast and Analysis
7.3.6. Ballast Market
7.3.6.1. Overview
7.3.6.2. Ballast Market Forecast and Analysis
7.3.7. Lamp Controller Market
7.3.7.1. Overview
7.3.7.2. Lamp Controller Market Forecast and Analysis
7.3.8. Others (Sensor Market
7.3.8.1. Overview
7.3.8.2. Others (Sensor Market Forecast and Analysis
7.3.9. Camera Market
7.3.9.1. Overview
7.3.9.2. Camera Market Forecast and Analysis
7.3.10. Speaker Market
7.3.10.1. Overview
7.3.10.2. Speaker Market Forecast and Analysis
7.3.11. EV Charger) Market
7.3.11.1. Overview
7.3.11.2. EV Charger) Market Forecast and Analysis
7.4. SOFTWARE
7.4.1. Overview
7.4.2. Software Market Forecast and Analysis
7.5. SERVICES
7.5.1. Overview
7.5.2. Services Market Forecast and Analysis
7.5.3. Installation Market
7.5.3.1. Overview
7.5.3.2. Installation Market Forecast and Analysis
7.5.4. maintenance Market
7.5.4.1. Overview
7.5.4.2. maintenance Market Forecast and Analysis
8. SMART POLE - REVENUE AND FORECASTS TO 2028 - TYPE
8.1. OVERVIEW
8.2. TYPE MARKET FORECASTS AND ANALYSIS
8.3. NEW INSTALLATION
8.3.1. Overview
8.3.2. New Installation Market Forecast and Analysis
8.4. RETROFIT
8.4.1. Overview
8.4.2. Retrofit Market Forecast and Analysis
9. SMART POLE - REVENUE AND FORECASTS TO 2028 - APPLICATION
9.1. OVERVIEW
9.2. APPLICATION MARKET FORECASTS AND ANALYSIS
9.3. HIGHWAYS AND ROADWAYS
9.3.1. Overview
9.3.2. Highways and Roadways Market Forecast and Analysis
9.4. PUBLIC PLACES
9.4.1. Overview
9.4.2. Public Places Market Forecast and Analysis
9.5. RAILWAYS AND HARBORS
9.5.1. Overview
9.5.2. Railways and Harbors Market Forecast and Analysis
9.6. OTHERS
9.6.1. Overview
9.6.2. Others Market Forecast and Analysis
10. SMART POLE REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
10.1. NORTH AMERICA
10.1.1 North America Smart Pole Overview
10.1.2 North America Smart Pole Forecasts and Analysis
10.1.3 North America Smart Pole Forecasts and Analysis - By Offering
10.1.4 North America Smart Pole Forecasts and Analysis - By Type
10.1.5 North America Smart Pole Forecasts and Analysis - By Application
10.1.6 North America Smart Pole Forecasts and Analysis - By Countries
10.1.6.1 United States Smart Pole
10.1.6.1.1 United States Smart Pole by Offering
10.1.6.1.2 United States Smart Pole by Type
10.1.6.1.3 United States Smart Pole by Application
10.1.6.2 Canada Smart Pole
10.1.6.2.1 Canada Smart Pole by Offering
10.1.6.2.2 Canada Smart Pole by Type
10.1.6.2.3 Canada Smart Pole by Application
10.1.6.3 Mexico Smart Pole
10.1.6.3.1 Mexico Smart Pole by Offering
10.1.6.3.2 Mexico Smart Pole by Type
10.1.6.3.3 Mexico Smart Pole by Application
10.2. EUROPE
10.2.1 Europe Smart Pole Overview
10.2.2 Europe Smart Pole Forecasts and Analysis
10.2.3 Europe Smart Pole Forecasts and Analysis - By Offering
10.2.4 Europe Smart Pole Forecasts and Analysis - By Type
10.2.5 Europe Smart Pole Forecasts and Analysis - By Application
10.2.6 Europe Smart Pole Forecasts and Analysis - By Countries
10.2.6.1 Germany Smart Pole
10.2.6.1.1 Germany Smart Pole by Offering
10.2.6.1.2 Germany Smart Pole by Type
10.2.6.1.3 Germany Smart Pole by Application
10.2.6.2 France Smart Pole
10.2.6.2.1 France Smart Pole by Offering
10.2.6.2.2 France Smart Pole by Type
10.2.6.2.3 France Smart Pole by Application
10.2.6.3 Italy Smart Pole
10.2.6.3.1 Italy Smart Pole by Offering
10.2.6.3.2 Italy Smart Pole by Type
10.2.6.3.3 Italy Smart Pole by Application
10.2.6.4 United Kingdom Smart Pole
10.2.6.4.1 United Kingdom Smart Pole by Offering
10.2.6.4.2 United Kingdom Smart Pole by Type
10.2.6.4.3 United Kingdom Smart Pole by Application
10.2.6.5 Russia Smart Pole
10.2.6.5.1 Russia Smart Pole by Offering
10.2.6.5.2 Russia Smart Pole by Type
10.2.6.5.3 Russia Smart Pole by Application
10.2.6.6 Rest of Europe Smart Pole
10.2.6.6.1 Rest of Europe Smart Pole by Offering
10.2.6.6.2 Rest of Europe Smart Pole by Type
10.2.6.6.3 Rest of Europe Smart Pole by Application
10.3. ASIA-PACIFIC
10.3.1 Asia-Pacific Smart Pole Overview
10.3.2 Asia-Pacific Smart Pole Forecasts and Analysis
10.3.3 Asia-Pacific Smart Pole Forecasts and Analysis - By Offering
10.3.4 Asia-Pacific Smart Pole Forecasts and Analysis - By Type
10.3.5 Asia-Pacific Smart Pole Forecasts and Analysis - By Application
10.3.6 Asia-Pacific Smart Pole Forecasts and Analysis - By Countries
10.3.6.1 Australia Smart Pole
10.3.6.1.1 Australia Smart Pole by Offering
10.3.6.1.2 Australia Smart Pole by Type
10.3.6.1.3 Australia Smart Pole by Application
10.3.6.2 China Smart Pole
10.3.6.2.1 China Smart Pole by Offering
10.3.6.2.2 China Smart Pole by Type
10.3.6.2.3 China Smart Pole by Application
10.3.6.3 India Smart Pole
10.3.6.3.1 India Smart Pole by Offering
10.3.6.3.2 India Smart Pole by Type
10.3.6.3.3 India Smart Pole by Application
10.3.6.4 Japan Smart Pole
10.3.6.4.1 Japan Smart Pole by Offering
10.3.6.4.2 Japan Smart Pole by Type
10.3.6.4.3 Japan Smart Pole by Application
10.3.6.5 South Korea Smart Pole
10.3.6.5.1 South Korea Smart Pole by Offering
10.3.6.5.2 South Korea Smart Pole by Type
10.3.6.5.3 South Korea Smart Pole by Application
10.3.6.6 Rest of Asia-Pacific Smart Pole
10.3.6.6.1 Rest of Asia-Pacific Smart Pole by Offering
10.3.6.6.2 Rest of Asia-Pacific Smart Pole by Type
10.3.6.6.3 Rest of Asia-Pacific Smart Pole by Application
10.4. MIDDLE EAST AND AFRICA
10.4.1 Middle East and Africa Smart Pole Overview
10.4.2 Middle East and Africa Smart Pole Forecasts and Analysis
10.4.3 Middle East and Africa Smart Pole Forecasts and Analysis - By Offering
10.4.4 Middle East and Africa Smart Pole Forecasts and Analysis - By Type
10.4.5 Middle East and Africa Smart Pole Forecasts and Analysis - By Application
10.4.6 Middle East and Africa Smart Pole Forecasts and Analysis - By Countries
10.4.6.1 South Africa Smart Pole
10.4.6.1.1 South Africa Smart Pole by Offering
10.4.6.1.2 South Africa Smart Pole by Type
10.4.6.1.3 South Africa Smart Pole by Application
10.4.6.2 Saudi Arabia Smart Pole
10.4.6.2.1 Saudi Arabia Smart Pole by Offering
10.4.6.2.2 Saudi Arabia Smart Pole by Type
10.4.6.2.3 Saudi Arabia Smart Pole by Application
10.4.6.3 U.A.E Smart Pole
10.4.6.3.1 U.A.E Smart Pole by Offering
10.4.6.3.2 U.A.E Smart Pole by Type
10.4.6.3.3 U.A.E Smart Pole by Application
10.4.6.4 Rest of Middle East and Africa Smart Pole
10.4.6.4.1 Rest of Middle East and Africa Smart Pole by Offering
10.4.6.4.2 Rest of Middle East and Africa Smart Pole by Type
10.4.6.4.3 Rest of Middle East and Africa Smart Pole by Application
11. INDUSTRY LANDSCAPE
11.1. MERGERS AND ACQUISITIONS
11.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
11.3. NEW PRODUCT LAUNCHES
11.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
12. SMART POLE, KEY COMPANY PROFILES
12.1. PHILIPS LIGHTING HOLDING B.V.
12.1.1. Key Facts
12.1.2. Business Description
12.1.3. Products and Services
12.1.4. Financial Overview
12.1.5. SWOT Analysis
12.1.6. Key Developments
12.2. GE LIGHTING CO. LTD
12.2.1. Key Facts
12.2.2. Business Description
12.2.3. Products and Services
12.2.4. Financial Overview
12.2.5. SWOT Analysis
12.2.6. Key Developments
12.3. HUBBELL INCORPORATED
12.3.1. Key Facts
12.3.2. Business Description
12.3.3. Products and Services
12.3.4. Financial Overview
12.3.5. SWOT Analysis
12.3.6. Key Developments
12.4. CREE, INC.
12.4.1. Key Facts
12.4.2. Business Description
12.4.3. Products and Services
12.4.4. Financial Overview
12.4.5. SWOT Analysis
12.4.6. Key Developments
12.5. EATON CORPORATION
12.5.1. Key Facts
12.5.2. Business Description
12.5.3. Products and Services
12.5.4. Financial Overview
12.5.5. SWOT Analysis
12.5.6. Key Developments
12.6. ACUITY BRANDS
12.6.1. Key Facts
12.6.2. Business Description
12.6.3. Products and Services
12.6.4. Financial Overview
12.6.5. SWOT Analysis
12.6.6. Key Developments
12.7. SAPA GROUP
12.7.1. Key Facts
12.7.2. Business Description
12.7.3. Products and Services
12.7.4. Financial Overview
12.7.5. SWOT Analysis
12.7.6. Key Developments
12.8. MAVEN SYSTEMS PVT. LTD.
12.8.1. Key Facts
12.8.2. Business Description
12.8.3. Products and Services
12.8.4. Financial Overview
12.8.5. SWOT Analysis
12.8.6. Key Developments
12.9. ZUMTOBEL GROUP
12.9.1. Key Facts
12.9.2. Business Description
12.9.3. Products and Services
12.9.4. Financial Overview
12.9.5. SWOT Analysis
12.9.6. Key Developments
12.10. LUMCA INC.
12.10.1. Key Facts
12.10.2. Business Description
12.10.3. Products and Services
12.10.4. Financial Overview
12.10.5. SWOT Analysis
12.10.6. Key Developments
13. APPENDIX
13.1. ABOUT THE INSIGHT PARTNERS
13.2. GLOSSARY OF TERMS
1. Philips Lighting Holding B. V.
2. GE Lighting Co. Ltd
3. Hubbell Incorporated
4. Cree, Inc.
5. Eaton Corporation
6. Acuity Brands
7. SAPA Group
8. Maven Systems Pvt. Ltd.
9. Zumtobel Group
10. Lumca Inc.
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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