Smart Pole Market Poised to Hit $26.6 Billion by 2029 with Accelerating Growth Trends

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Smart Pole Market Size Growth Forecast: What to Expect by 2025?
There has been a significant expansion in the size of the smart pole market in the past few years. This market is projected to increase from a worth of $11.73 billion in 2024 to reach $13.5 billion in 2025, indicating a compound annual growth rate (CAGR) of 15.1%. The growth in the previous period can be credited to factors such as energy efficiency, governmental strategies, concerns related to safety and security, smart city projects, and community involvement.

How Will the Smart Pole Market Size Evolve and Grow by 2029?
The market size for smart poles is projected to expand rapidly in the upcoming years, reaching a value of $26.6 billion by 2029 with a Compound Annual Growth Rate (CAGR) of 18.5%. This significant growth during the forecast period can be associated with factors such as the incorporation of renewable energy, the demand for electric vehicle charging facilities, modernization of infrastructure, an increased need for environmental monitoring and the rising demand for public wi-fi. Key emerging trends for this forecast period comprise the inclusion of artificial intelligence in surveillance, lidar and 3D scanning technologies, readiness for 5G infrastructure, integration with edge computing and IoT sensors.

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What Drivers Are Propelling the Growth of Smart Pole Market Forward?
The surge in the development of smart roads worldwide is predicted to bolster the expansion of the smart pole market. Smart highways encompass actual roads fitted with smart streetlights, smart traffic lights, as well as other advanced technology, to ensure secure and protected transport. These roads leverage advanced communication systems, big data, IoT sensor networks, and MI/AL technology to collate data from traffic lights, parking meters, air quality sensors, and more. The collected data are then analyzed to ensure efficient traffic flow, reduce congestion, and provide secure passage for commuters. A study published by Europe's interdisciplinary research center, Tomorrow City, indicates that more than EUR 421 million have been invested in the development of 69 mobility projects. Consequently, the rising number of smart roads is anticipated to drive the smart pole market's growth in the forthcoming period.

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Which Emerging Trends Are Transforming the Smart Pole Market in 2025?
The rising incorporation of IoT-enabled equipment in smart poles is a growing trend gaining traction in the smart pole market. These IoT-enabled devices include hardware such as sensors, actuators, and appliances, all programmed for specific tasks and capable of transmitting data via the internet to other networks. Most businesses in the smart pole sector are incorporating numerous IoT-equipped devices to enhance functionality and expand the pole's ability to perform a variety of tasks. An example of this is Signify N.V., a Netherlands-based company specializing in the manufacture and distribution of lighting and light fixtures, which has launched the BrightSites smart pole equipped with a wide variety of IoT applications, connectivity options, cameras, and environmental sensors.

What Are the Key Segments in the Smart Pole Market?
The smart pole market covered in this report is segmented -

1) By Hardware: Lighting Lamp, Pole Bracket & Pole Body, Communication Device, Controller, Other Hardware
2) By Installation Type: New Installation, Retrofit Installation
3) By Application: Highways & Roadways, Public Places, Railways & Harbors

Subsegments:
1) By Lighting Lamp: LED Street Lights, Smart Street Light Fixtures, Solar-Powered Lighting
2) By Pole Bracket & Pole Body: Mounting Brackets, Pole Structures, Decorative Pole Designs
3) By Communication Device: Wireless Communication Modules, IoT Sensors, Cameras and Surveillance Systems
4) By Controller: Smart Lighting Controllers, Environmental Monitoring Controllers, Energy Management Systems
5) By Other Hardware: Charging Stations for Electric Vehicles, Environmental Sensors, Display Screens or Digital Signage

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Who Are the Key Players Shaping the Smart Pole Market's Competitive Landscape?
Major companies operating in the smart pole market include Signify Holding NV, Silver Spring Networks Inc., Telensa Holdings Limited, Wipro Limited, Zumtobel Group AG, Cree Inc., Eaton Corporation PLC, Echelon Corporation, General Electric Company, Siemens AG, Iram Technologies Private Limited, Efftronics Systems Private Limited, Shanghai Sansi Electronic Engineering Co. Ltd., Lumca Inc., SmartCiti Solutions Inc., Valmont Structures Private Limited, Keselec Lighting Private Limited, LEDbow Technologies Ltd., Norsk Hydro ASA, Energasia Smart Poles Sdn. Bhd., Streetscape International, American Tower Corporation, HUB Group Inc., ELKO EP sro, ENE.HUB Pty Ltd., Philips Lighting Holding B.V., General Electric Lighting Limited, Hubbell Incorporated, Schréder SA, Siklu Communication Ltd.

What Geographic Markets Are Powering Growth in the Smart Pole Market?
North America was the largest region in the smart pole market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the smart pole market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

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