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Smart Pole Market Evolving Technology and Growth Outlook 2021 to 2027
Global Smart Pole Market Size, Status and Forecast 2021-2027The Smart Pole Market report is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand, and supply data (as applicable). The research analysts provide an elaborate description of the value chain and its distributor analysis. This Market study provides comprehensive data that enhances the understanding, scope, and application of this report.
The smart pole market is expected to register a CAGR of 18% during the forecast period of 2020-2025.
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Top Leading Companies of Global Smart Pole Market are Philips Lighting Holding B.V. (Netherlands), GE Lighting Co. Ltd (US), Hubbell Incorporated (US), Cree, Inc. (US), Eaton Corporation (Ireland), Acuity Brands (US), Zumtobel Group (Austria), SYSKA LED Lights Pvt. Ltd. (India), Mobile Pro Systems (US), Virtual Extension Ltd. (Israel), Shanghai Sansi Technology Co., Ltd. (China), Maven Systems Pvt. Ltd. (India), Goldspar Australia Pty Ltd. (Australia), Lumca Inc. (Canada), Sunna Design (France), Neptun Light Inc. (US) and others.
One potential emerging point for smart city implementation is light street poles. Connected city infrastructure projects, fueled by the Internet of Things (IoT), have seemingly limitless applications with both short- and long-term benefits. A lighting company Signify recently announced the launch of its BrightSites smart pole technology, which utilizes the omnipresence of a city's existing street light infrastructure for delivering major wireless connections, such as 5G, 4G LTE, Wi-Fi, LoRa, and also Sigfox. Through smart poles wireless networking capabilities, BrightSites smart pole can support a wide range of IoT applications while also offering controllable, energy-efficient LED lighting.
Industry News:
June 2019 - Signify launched new smart pole with IoT apps, connectivity where the new BrightSites smart pole accommodates a wide variety of IoT applications, connectivity, cameras, and environmental sensors, as well as controllable high-quality energy-efficient, LED lighting. Signify added that the new BrightSites IoT poles build on earlier smart pole technology pioneered by Signify and Ericsson that provides LED lighting and 4G LTE wireless connectivity from small-cell base stations housed within the pole.
Global Smart Pole Market Split by Product Type and Applications:
This report segments the global Smart Pole market based on Types are:
LED
HID
Fluorescent Lamp
Based on Application, the Global Smart Pole market is segmented into:
Highways & Roadways
Public Places
Railways & Harbors
Smart Pole Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis, and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments, and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report. The report contains basic, secondary, and advanced information about the Smart Pole Market global status and trend, market size, share, growth, trends analysis, segment, and forecasts from 2021-2027.
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Asia-Pacific region is expected to grow at a remarkable rate because of the increasing government initiatives in countries such as China, India, Japan, and Australia to facilitate the replacement of traditional pole systems with smart pole systems to reduce a load of energy consumption by the street lights by 40%.
In China, in order to efficiently utilize renewable energy and solve roadside fast charging of the Electric Vehicle (EV) problem, a smart hybrid pole system is proposed by researchers of Tongji University, Shanghai, which is integrated with renewable energy Street Lighting Pole (SLP) and EV charging. In addition, the hybrid pole energy storage system can be controlled by a cloud management platform, so it is convenient to make the decision to charge or discharge according to the different power prices.
Highlights of the Smart Pole Market Report:
– Detailed overview of Smart Pole Market
– Changing the Smart Pole market dynamics of the industry
– In-depth market segmentation by Type, Application, etc.
– Historical, current and projected Smart Pole market size in terms of volume and value
– Recent industry trends and developments
– Competitive landscape of Smart Pole Market
– Strategies of key players and product offerings
– Potential and niche segments/regions exhibiting promising growth.
The research includes historic data from 2016 to 2021 and forecasts until 2027 which makes the report an invaluable resource for industry executives, marketing, sales, and product managers, consultants, analysts, and stakeholders looking for key industry data in readily accessible documents with clearly presented tables and graphs.
Finally, the Smart Pole Market report is the believable source for gaining the market research that will exponentially accelerate your business. The report gives the principle locale, economic situations with the item value, benefit, limit, generation, supply, request, and market development rate and figure, and so on. Smart Pole industry report additionally Presents a new task SWOT examination, speculation attainability investigation, and venture return investigation.
We Offer Customization On Report Based On Specific Client Requirement:
- Free Country Level analysis for any 5 countries of your choice.
- Free Competitive analysis of any 5 key market players.
- Free 40 analyst hours to cover any other data point.
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MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information, and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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