Business Industry Technology

Smart Pole Market to Incur Considerable Upsurge During 2018-2027| Philips Lighting Holding, GE Lighting, Hubbell, Cree, Eaton Corporation, Acuity Brands, SAPA Group, Maven Systems, Zumtobel Group

Smart pole also known as intelligent lighting pole, unlike conventional light pole a smart pole is fully equipped and integrated with various other devices like Wi-Fi router, Bluetooth hub, cameras, charging points, LED information display, RFID, solar panel, SOS or emergency call both and various sensors like light, motion, temperature, noise, and air pollution etc. The smart pole is energy efficient also as it utilizes solar panel for energy generation. The smart poles are successfully emerging in developing countries and have acquired a key position in countries like India where the government is focusing on its “Smart Cities Initiatives.” The smart pole market is growing in developed countries with government’s aim to improve the public experience. The Smart poles popularity is increasing rapidly due to its ability of multifunctioning, which in turn is helping the government and other private sector players to address the urban problems with ease.

The report provides a basic overview of the industry including definitions and classifications. The Smart Pole Market analysis is provided for the international markets including development trends, competitive landscape analysis, and key regions development status. Development policies and plans are discussed as well as manufacturing processes and cost structures are also analyzed. This report also states import/export consumption, supply and demand Figures, cost, price, revenue and gross margins.

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Top key Vendors: Philips Lighting Holding B.V., GE Lighting Co. Ltd, Hubbell Incorporated, Cree, Inc., Eaton Corporation, Acuity Brands Inc., SAPA Group, Maven Systems Pvt. Ltd., Zumtobel Group, Lumca Inc.

The global smart pole market is deemed to witness high growth due to driving factors such as the need for energy efficiency pole lighting system, increasing government initiatives for smart cities, advantage of preventing of traffic jams and accidents, real-time report, analysis and controllability. However, high cost of installation and maintenance hampering the growth of Smart Pole market. The smart pole can be considered a major milestone in industry as it would create ample opportunities for the players engaged in in the field of street light system, smart devices, internet connectivity, communication devices, and others in forthcoming future.

The global smart pole market is segmented on the basis of offering, type and application model. Based on offering, the market is segmented into component, software, and service, further component is divided into lighting lamp, pole bracket and pole body, communication device, ballast, lamp controller, others (Sensor, Camera, Speaker, EV Charger); and further service is divided into installation and maintenance. On the basis of the type the market is segmented into new installation and retrofit. On the basis of application model, the market is segmented into, highways and roadways, public place, railways and harbors and others.

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Smart Pole Market – Global Analysis to 2027 is an expert compiled study which provides a holistic view of the market covering current trends and future scope with respect to product/service, the report also covers competitive analysis to understand the presence of key vendors in the companies by analyzing their product/services, key financial facts, details SWOT analysis and key development in last three years. Further chapter such as industry landscape and competitive landscape provides the reader with recent company level insights covering mergers and acquisitions, joint ventures, collaborations, new product developments/strategies taking place across the ecosystem. The chapters also evaluate the key vendors by mapping all the relevant products and services to exhibit the ranking/position of top 5 key vendors.

Reason to Buy

– Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global Smart Pole Market
– Highlights key business priorities in order to assist companies to realign their business strategies.
– The key findings and recommendations highlight crucial progressive industry trends in the Smart Pole Market, thereby allowing players to develop effective long term strategies.
– Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
– Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
– Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.

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