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.

The Global Smart Poles Market Research Report published by Emergen Research is furnished with the latest information about product specifications and portfolio, technological advancement, product type, and manufacturing. Major factors such as revenue, costs, and gross margin are taken into consideration while formulating this report. The report provides extensive data concerning the key market players along with their SWOT analysis, financial standing, technological and product development, and recent strategic business expansion plans.

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 Key Players operating in the industry are:

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

Radical Features of the Smart Poles Market Report:

• An in-depth analysis of the different approaches and procedures undertaken by the key players to conduct business efficiently
• The report encompasses Smart Poles market overview along with market share, demand and supply ratio, production and consumption patterns, supply chain analysis, and other ley elements
• Offers insights into production and manufacturing value, products and services offered in the market, and fruitful information about investment strategies
• Supply chain analysis along with technological advancements offered in the report
• The report covers extensive analysis of the trends, drivers, restraints, limitations, threats, and growth opportunities in the Smart Poles industry

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Segmentation:

• Pole Type Outlook (Revenue, USD Billion; 2019-2030)

  • Dual Arm
  • Single Arm
  • Round

• Component Type Outlook (Revenue, USD Billion; 2019-2030)

  • Hardware
    1. Lighting Lamp
       1. Light-Emitting Diode (LED) Lamp
       2. Fluorescent Lamp
       3. High-Intensity Discharge (HID) Lamp
    2. Pole Bracket and Pole Body
    3. Communication Device
    4. Ballast
    5. Lamp Controller
    6. Others
  • Software
  • Services
    1. Installation
    2. Maintenance

• Installation Type Outlook (Revenue, USD Billion; 2019-2030)

  • New Installation
  • Retrofit

Regional Analysis Covers:

• 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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