Global Smart Pole Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Market Overview

of Global Smart Pole market:
The latest research study on the global Smart Pole market finds that the global Smart Pole market reached a value of USD 8328.93 million in 2022. It’s expected that the market will achieve USD 28436.02 million by 2028, exhibiting a CAGR of 22.71% during the forecast period.

Smart pole is a public infrastructure that integrates smart lighting, video surveillance, traffic management, environmental detection, wireless communication, information interaction, emergency help and other functions. It can mount 4G/5G communication base stations, WiFi wireless networks, and smart energy-saving street lights. , intelligent security monitoring, intelligent face recognition, traffic guidance and instructions, audio and radio and television, drone charging, car charging piles, parking sensorless payment, driverless guidance and other equipment.

Smart Pole Market Drivers
The development of the Internet of Things. Smart Pole is one of the ways to embody the large-scale implementation of IoT sensors. Using Smart Pole infrastructure means that high-speed connections can be easily maintained. The Internet of Things is a new high-tech industry, which is supported by many national policies. Broadly speaking, the Internet of Things is a network composed of interconnected sensors and switches, used to monitor and manage different applications, devices and even other sensors. IoT sensors can be infrared, laser scanners and other types, synchronized via Wi-Fi or other types of connections. Obtain raw data from the sensor, process it according to a specific algorithm, and then produce a result. This result may appear in the form of detailed analysis by municipal staff. More importantly, citizens can provide data through their smart phones and become part of this smart ecosystem. Therefore, the rapid development of the Internet of Things enables Smart Pole to be implemented on a larger scale.

Smart Pole Market Challenges
Network security issues. Digitization, Internet of Things (IoT) and artificial intelligence have changed the face of the smart pole industry. Technological progress has made it possible to integrate data from different regions. With these advances, the government and users need security. These smart devices collect, store and exchange information between different platforms. More and more people are running on software, which is susceptible to technical failures and may expose equipment to potential security vulnerabilities. Hackers can access and manipulate government, personal, and family information. Even simple devices like Bluetooth-enabled devices can be used as access points for data theft, not to mention smart devices that are easier to connect with. Smart pole manufacturers are now facing concerns about user privacy leakage, which makes manufacturing smart poles more complicated and expensive. When looking for the development direction of smart poles, a firm network security method may extend the development time by several months. Data security is not optional, and it brings challenges to the manufacturing in the smart pole industry.

Region Overview:
North America had the highest growth rate of all regions.

Company Overview:
Norsk Hydro is one of the major players operating in the Smart Pole market, holding a share of 1.44% in 2021.

Hydro is a company with metal and renewable energy business technology. Committed to sustainable development, Hydro's goal is to create a more viable society by developing natural resources into products and solutions in an innovative and efficient way.

Sichuan Huati Lighting Technology Co., Ltd. is a national high-tech enterprise with new smart city construction and cultural lighting as its main business. Huati Technology uses multi-functional smart light poles as the entrance to provide cities with 5G base station construction, smart transportation, Smart city new scene services such as smart parking, safe city, and smart city governance.

Segmentation Overview:
Among different product types, Monitoring Camera segment is anticipated to contribute the largest market share in 2027.

Application Overview:
By application, the Highways & Roadways segment occupied the biggest share from 2017 to 2022.

The report covers a research time span from 2018 to 2029; combines extensive quantitative analysis and exhaustive qualitative analysis; presents not only an overview of the global Smart Pole market in metrics of sales, revenue, growth rate, but also a deeper dive into the segmented market by region, product type and downstream industry, showing the readers a clear and distinct picture of how the market is distributed from different perspectives.

For competitive landscape, prominent players with considerable market shares are comprehensively analyzed in this report. With information regarding the concentration ratio and detailed data reflecting the market performance of each player shared, the readers can acquire a holistic view of the competitive situation and a better understanding of their competitors.

As the COVID-19 takes over the world, we are continuously tracking the changes in the markets. We analyzed the impact of the pandemic in detail, along with other key factors, such as macro-economy, regional conflicts, industry related news and policies. Meanwhile, market investment scenario, technology status and developments, supply chain challenges, among other essential research elements are all covered.

Research Scope
This report provides an overview of the global Smart Pole market and analyzes the segmented market by product type, downstream industry, and region, presenting data points such as sales, revenue, growth rate, explaining the current status and future trends of the Smart Pole and its sub-markets in an intuitive way.

Key Companies in the global Smart Pole market covered in Chapter 3:
Norsk Hydro
Shuncom
Schréder
Sansi
Signify
Lumca
Hapco
Huaticn
Omniflow
Minkave
Continental Pole
Ascend
Unilumin

In Chapter 4 and Chapter 14.2, on the basis of types, the Smart Pole market from 2018 to 2029 is primarily split into:
Pole
Monitoring Camera
Lighting
5G Base Station
Others

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Smart Pole market from 2018 to 2029 covers:
Highways & Roadways
Parking Station
Industrial Park
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:
North America (United States, Canada)

Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)

Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)

Latin America (Brazil, Mexico, Argentina)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)

Key Factors Considered

COVID-19
Amid the COVID-19 crisis, the Smart Pole market has definitely taken a hit. The report describes the market scenario during and post the pandemic in the vision of upstream raw materials, major market participants, downstream major customers, etc. Other aspects, such as changes in consumer behavior, demand, transport capacity, trade flow under COVID-19, have also been taken into consideration during the process of the research.

Regional Conflict / Russia-Ukraine War
The report also presents the impact of regional conflict on this market in an effort to aid the readers to understand how the market has been adversely influenced and how it’s going to evolve in the years to come.

Challenges & Opportunities
Factors that may help create opportunities and boost profits for market players, as well as challenges that may restrain or even pose a threat to the development of the players, are revealed in the report, which can shed a light on strategic decisions and implementation.

Chapter Outline

Chapter 1 starts the report with a brief overview of the research scope, as well as the definitions of the target market and the subdivisions.

Chapter 2 integrates and sketches the research findings and conclusions in a clear and explicit way.

Chapter 3 presents the competitive landscape by displaying the sales, revenue, and market shares of the top players. It also profiles the major market participants with their business introductions, sales, price, revenue, gross, growth rates, etc.

Chapter 4 breaks down the market by different product types and shares data correspondingly with the aim of helping the readers know how the market is distributed by type.

Chapter 5 segments the market by downstream industry, with data covers sales, revenue, and growth rate tracing back to 2018.

Chapter 6 is the analysis of the whole market industrial chain, ranging from upstream raw materials to downstream customers, with regional conflicts taken into consideration.

Chapter 7 elaborates on market dynamics. Factors that drive, challenge, or restrain the market are all listed, together with industry news, opportunities, impacts of COVID-19, and SWOT analysis.

Chapter 8 shows the breakdown data at the regional level, which enables the readers to picture the regional competitive pattern of the market and learn about the revenue, sales, and market share of all the major regions.

Chapter 9-13 focus on each and every of the major region, specifically, North America, Europe, Asia Pacific, Latin America, Middle East & Africa. Sales, price, revenue, gross, gross margin, among others, will be all be presented.

Chapter 14 forecasts the future trend of the market not only as a whole but also from the perspective of all segments.

Years considered for this report:

Historical Years:

2018-2022

Base Year:

2022

Estimated Year:

2023

Forecast Period:

2023-2029

Frequently Asked Questions