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Global Smart pole Market to reach USD 36.52 Billion by 2027

Global Smart pole Market Size study, by Offering (Component, software and services), by Application (Highways and roadways, public places and railways and harbors), Installation type (New installation and Retrofit installation) and Regional Forecasts 2020-2027

Product Code: IACTNGT_64728179
Publish Date: 22-01-2020
Page: 200

Global Smart pole Market is valued approximately USD 8.50 Billion in 2019 and is anticipated to grow with a healthy growth rate of more than 19.99% over the forecast period 2020-2027. Smart poles are also known as intelligent light pole which comprises of many other facilities apart than lighting including, Wi-Fi, Bluetooth, Charger points, and other many more functions. The major factor for implementation of smart pole is to give better experience to the people when they are out of their houses and offices through offering them a web connectivity on streets. The rapid growth in government initiatives regarding smart cities across the globe is escalating the demand for smart poles across the globe. For instance: In 2015, the government of India launched National Smart Cities Mission to develop smart cities across the country. The mission aimed towards development of 100 smart cities in India with the deadline of completion in between 2019-2023. Similarly, European commission incorporated European innovation partnership on smart cities and community’s initiative. The aim behind initiative is to improve urban life through more sustainable integrated solutions and addresses city-specific challenges from different policy areas such as energy, mobility and transport, and Information and communication technology (ICT) infrastructure. In addition, need for energy efficient pole lighting systems is the factor driving the growth of market over the forecast years. However, higher upfront cost compared to traditional poles is the factor hampering the growth of market.

The regional analysis of global Smart pole Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the rapid growth in advanced technologies and smart infrastructure. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2027. Factors such as government initiatives regarding smart cities would create lucrative growth prospects for the Smart pole Market across Asia-Pacific region.

Major market player included in this report are:
Philips Lighting Holding B.V.
General Electric Company
Hubbell Incorporated
Cree, Inc.
Eaton Corporation PLC
Acuity Brands, Inc.
Zumtobel Group AG
Syska LED Lights Private Limited
Virtual Extension Ltd.
Mobile Pro Systems

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and Offering offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Offering:

By Application:
Highways and roadways
Public places
Railways and harbors

By installation type:
New installation
Retrofit installation

By Region:
North America

Asia Pacific
South Korea
Latin America
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2017, 2018
Base year – 2019
Forecast period – 2020 to 2027

Target Audience of the Global Smart pole Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2018-2027 (USD Billion)
1.2.1. Smart Pole Market, by Region, 2018-2027 (USD Billion)
1.2.2. Smart Pole Market, by Offering, 2018-2027 (USD Billion)
1.2.3. Smart Pole Market, by Application, 2018-2027 (USD Billion)
1.2.4. Smart Pole Market, by Installation type, 2018-2027 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Smart Pole Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Smart Pole Market Dynamics
3.1. Smart Pole Market Impact Analysis (2018-2027)
3.1.1. Market Drivers
3.1.2. Market Challenges
3.1.3. Market Opportunities
Chapter 4. Global Smart Pole Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2017-2027)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Smart Pole Market, by Offering
5.1. Market Snapshot
5.2. Global Smart Pole Market by Offering, Performance – Potential Analysis
5.3. Global Smart Pole Market Estimates & Forecasts by Offering 2017-2027 (USD Billion)
5.4. Smart Pole Market, Sub Segment Analysis
5.4.1. Component
5.4.2. Software
5.4.3. Services
Chapter 6. Global Smart Pole Market, by Application
6.1. Market Snapshot
6.2. Global Smart Pole Market by Application, Performance – Potential Analysis
6.3. Global Smart Pole Market Estimates & Forecasts by Application 2017-2027 (USD Billion)
6.4. Smart Pole Market, Sub Segment Analysis
6.4.1. Highways and roadways
6.4.2. Public places
6.4.3. Railways and harbours
Chapter 7. Global Smart Pole Market, by Installation type
7.1. Market Snapshot
7.2. Global Smart Pole Market by Installation type, Performance – Potential Analysis
7.3. Global Smart Pole Market Estimates & Forecasts by Installation type 2017-2027 (USD Billion)
7.4. Smart Pole Market, Sub Segment Analysis
7.4.1. New installation
7.4.2. Retrofit installation
Chapter 8. Global Smart Pole Market, Regional Analysis
8.1. Smart Pole Market, Regional Market Snapshot
8.2. North America Smart Pole Market
8.2.1. U.S. Smart Pole Market Offering breakdown estimates & forecasts, 2017-2027 Application breakdown estimates & forecasts, 2017-2027 Installation type breakdown estimates & forecasts, 2017-2027
8.2.2. Canada Smart Pole Market
8.3. Europe Smart Pole Market Snapshot
8.3.1. U.K. Smart Pole Market
8.3.2. Germany Smart Pole Market
8.3.3. France Smart Pole Market
8.3.4. Spain Smart Pole Market
8.3.5. Italy Smart Pole Market
8.3.6. Rest of Europe Smart Pole Market
8.4. Asia-Pacific Smart Pole Market Snapshot
8.4.1. China Smart Pole Market
8.4.2. India Smart Pole Market
8.4.3. Japan Smart Pole Market
8.4.4. Australia Smart Pole Market
8.4.5. South Korea Smart Pole Market
8.4.6. Rest of Asia Pacific Smart Pole Market
8.5. Latin America Smart Pole Market Snapshot
8.5.1. Brazil Smart Pole Market
8.5.2. Mexico Smart Pole Market
8.6. Rest of The World Smart Pole Market

Chapter 9. Competitive Intelligence
9.1. Top Market Strategies
9.2. Company Profiles
9.2.1. Philips Lighting Holding B.V. Key Information Overview Financial (Subject to Data Availability) Offering Summary Recent Developments
9.2.2. General Electric Company
9.2.3. Hubbell Incorporated
9.2.4. Cree, Inc.
9.2.5. Eaton Corporation PLC
9.2.6. Acuity Brands, Inc.
9.2.7. Zumtobel Group AG
9.2.8. Syska LED Lights Private Limited
9.2.9. Virtual Extension Ltd.
9.2.10. Mobile Pro Systems
Chapter 10. Research Offering
10.1. Research Offering
10.1.1. Data Mining
10.1.2. Analysis
10.1.3. Market Estimation
10.1.4. Validation
10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

The study of the market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geographies to provide a better regional outlook. In the report, country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. Our analysts contact company executives, managers, key opinion leaders, and industry experts. This enables our analyst to derive the closest possible figures without any major deviations in the actual number.

Primary Research Sources:

  • Interview conducted with raw material suppliers & manufacturers.
  • Interview conducted with manufacturers, suppliers & distributors, researchers, & representatives of regulatory bodies.
  • Interview conducted with market players, industry experts, & independent consultants.
  • Secondary Research Sources:
  • Purchased Database: D&B Hoovers, Bloomberg, Inc., Business Information Industry Association, NAICS Association.
  • Internal Database: White papers, Certified Publications, Articles by Recognized Authors and Regulatory Bodies.
  • Government Databases: Food and Agriculture Organization (FAO), European Industrial Hemp Association (EIHA), World Health Organization (WHO), Food and Drug Administration (FDA), International Telecommunication Union (ITU), United States Department of Agriculture (USDA), International organization of Motor Vehicle Manufacturers (OICA).

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