Smart Pole Market Insights, Scope And Forecast By 2016-2021

Smart Pole Market Insights:

This study of the market provides an overview of the existing market trends, drivers, restrictions, and metrics and also offers a viewpoint for important segments. The report also tracks product and services demand growth forecasts for the industry. The report mentions growth parameters in the regional markets along with major players dominating the regional growth.

The report offers detailed profile and data information analysis of the leading companies in the Smart Pole Market:

General Electric Company
Philips Lighting Holding B.V.
Hubbell Incorporated
Cree Inc.
Eaton Corporation PLC
Zumtobel Group AG
Acuity Brands Inc.
Syska LED Lights Private Limited
Mobile Pro Systems
Virtual Extension Ltd.

The key drivers of the Smart Pole Market are as follows:

The global smart pole market is witnessing strong demand in recent years. The increasing government initiatives related to smart cities and accelerated demand for technologically advanced solutions for pole lighting systems are some factors surging the growth of the smart pole market. Moreover, the growing usage of the Internet of Things (IoT) technology in smart poles will further fuel the market growth in the upcoming years.

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The smart poles have brought a revolution in the street lights market, thus creating various growth opportunities for organizations operating in communication devices, IoT, street lights, and environmental sensors. Furthermore, the rising adoption of LED lights has drastically decreased the consumption of energy in cities. Thereby, the growing demand for energy efficiency is fuelling the demand for smart poles. Increasing fondness for cab services amongst customers continues to boost the demand for internet use for tracking the direction.

Based on region, North America is expected to dominate the market during the forecast period due to the rising adoption rate of smart pole systems for new infrastructure projects and increasing retrofitting activities related to smart poles. Moreover, Asia-Pacific is projected to grow at a higher CAGR during the forecast period due to the development of various smart cities in emerging countries such as India and China in the region.

The study objectives of this report are:

To study and forecast the size of the market.
To analyze the key players, SWOT analysis, value, and market share for the leading players.
To define, describe, and forecast the market by different segments.
To analyze the market potential and advantage, opportunity and challenge, restraints and risks.

Segmentation of the Smart Pole Market:

Breakup by Offering:

Component
Software
Services

Breakup by Application:

Highways and Roadways
Public Places
Railway and Harbours

Breakup by Region:

North America

United States of America
Canada

Asia Pacific

China
Japan
India
Rest of APAC

Europe

United Kingdom
Germany
France
Spain
Rest of Europe

Brazil
South Africa
Saudi Arabia
UAE
Rest of the world (remaining countries of the LAMEA region)

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GMI Research is a full-service market research and business-consulting organization that offers global as well as medium and small businesses with bespoke industry and market analysis to help them in making the toughest business decision. We have a team of industry experts that provides unbiased insights on reports to best meet the specific needs of our clients. GMI Research’s analysts rely on secondary research to lay down the foundation of every report. We use not only the internal but also the external databases to cull out relevant information of the industry. Our main aim is to keep our clients abridged of the emerging opportunities and challenges in a wide range of industries. We provide step-by-step assistance to our client, through strategic and consulting services to reach a managerial and actionable decision. Featured in the ‘Top 20 Most Promising Market Research Consultants’ list of Silicon India Magazine in 2018, we at GMI Research are always looking forward to helping businesses stay ahead of the curve.

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