Press release
Sales Of Smart Poles Are Expected To Grow At A 21% CAGR By 2032
The market for smart poles was valued at US$ 8 billion in 2021, and it is anticipated to grow at an astounding CAGR of 21% from 2022 to 2032. By 2032, this industry is anticipated to have a market worth US$65.12 billion.This market experienced an increase in growth toward the end of 2022 and can be anticipated to reach a market worth of US$ 65.12 Bn by that year. In addition to the increased need for energy-efficient streetlights and government ambitions to create smart cities, smart poles can also help to prevent traffic bottlenecks and accidents. This explains why the market has grown.
๐๐ผ๐๐ป๐น๐ผ๐ฎ๐ฑ ๐๐ฟ๐ฒ๐ฒ ๐ฆ๐ฎ๐บ๐ฝ๐น๐ฒ ๐๐ผ๐ฝ๐ ๐ผ๐ณ ๐ง๐ต๐ถ๐ ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐: https://www.factmr.com/connectus/sample?flag=S&rep_id=7142?PS
A number of countries have experienced an economic downturn as a result of the COVID-19 pandemic. The suspension of numerous building and development projects has had a detrimental effect on the expansion of the market for smart poles. In order to stop the spread of the disease during the pandemic, the governments of the United States and China suspended infrastructure development projects. Despite these limitations, a significant increase in the market is anticipated during the projection period as regulations are removed globally.
One of the pressing environmental challenges in metropolitan areas is air quality management. According to the World Health Organization, air pollution and poor air quality cause seven million deaths worldwide each year. Smart poles are crucial in the fight against urban air pollution because they can track a variety of environmental variables, such as temperature, humidity, and fine particulate matter concentrations, to give a complete picture of the local air quality.
๐๐ฒ๐ ๐ฆ๐ฒ๐ด๐บ๐ฒ๐ป๐๐ ๐๐ผ๐๐ฒ๐ฟ๐ฒ๐ฑ ๐ถ๐ป ๐๐ต๐ฒ ๐ฆ๐บ๐ฎ๐ฟ๐ ๐ฃ๐ผ๐น๐ฒ ๐๐ป๐ฑ๐๐๐๐ฟ๐ ๐ฆ๐๐ฟ๐๐ฒ๐
By Installation Type :
โข New
โข Retrofit
By Application :
โข Highways & Roadways
โข Public Places
โข Railways & Harbors
By Component :
โข Software
โข Hardware
โข Lighting Lamp
โข Pole Bracket & Pole Body
โข Communication Device
By Region
โข North America [United States, Canada, Mexico]
โข South America [Brazil, Argentina, Columbia, Chile, Peru]
โข Europe [Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
โข Middle East & Africa [GCC, North Africa, South Africa]
โข Asia-Pacific [China, Southeast Asia, India, Japan, Korea, Western Asia]
๐๐ฒ๐ ๐๐๐๐๐ผ๐บ๐ถ๐๐ฎ๐๐ถ๐ผ๐ป ๐ผ๐ป ๐๐ต๐ถ๐ ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐: https://www.factmr.com/connectus/sample?flag=RC&rep_id=7142?PS
๐๐ฒ๐ ๐๐ผ๐บ๐ฝ๐ฎ๐ป๐ถ๐ฒ๐ ๐ฃ๐ฟ๐ผ๐ณ๐ถ๐น๐ฒ๐ฑ:
โข Eaton Corporation PLC
โข General Electric Company
โข Siemens AG
โข Silver Spring Networks (Itron)
โข Wipro Limited
โข Signify Holding B.V
โข Echelon
โข The Zumtobel Group
โข Cree (Wolfspeed Inc.)
๐ฅ๐ฒ๐๐ฒ๐ฎ๐ฟ๐ฐ๐ต ๐ ๐ฒ๐๐ต๐ผ๐ฑ๐ผ๐น๐ผ๐ด๐ถ๐ฒ๐:
To create a holistic picture of your Market, our experts combine data from proprietary databases, syndicated reports, primary research, and secondary data, including business reports, press announcements, published peer-reviewed journal publications, disease registries, and general news media. We use a number of sources to determine market and opportunity size, making sure that each data point and conclusion is validated several times.
Key Coverage and Benefits:
โข The report will help in developing business strategies by understanding the trends shaping and driving the global Smart Pole Market.
โข Organize sales and marketing efforts by identifying the best opportunities for Smart Pole in the US, Europe, and Japan.
โข To understand the future market competition and insightful review of the key market drivers and barriers.
โข To understand the regulatory scenario in major markets.
The hardware sector is anticipated to account for more than 58% of total revenue in 2022. There are numerous smart poles installed all around the world that have cameras and air quality sensors that track pollution levels. In order to build and market poles that support video analytics, intelligent lighting, and wireless access points, the mobile technology sector is collaborating with suppliers of alternative energy systems.
Such collaborations with cameras and air quality sensors can enable the creation of novel goods for smart poles. The solar lighting startup ClearWorld and the mobile technology company Nokia announced a reseller deal on March 20, 2021, under which ClearWorld would deliver smart poles with cameras and sensors to American towns and military facilities.
๐๐ฒ๐ ๐๐๐น๐น ๐๐ฐ๐ฐ๐ฒ๐๐ ๐ผ๐ณ ๐๐ผ๐บ๐ฝ๐น๐ฒ๐๐ฒ ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐: https://www.factmr.com/checkout/7142
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E:ย sales@factmr.com
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