Global Smart Pole Industry was valued at USD 6.03 Billion in the year 2017. Global Smart Pole Industry is further estimated to grow at a CAGR of 17.34% from 2017 to reach USD 15.74 Billion by the year 2025. North America region holds the highest Industry share in 2017 and Asia Pacific Industry is considered as the fastest growing Industry in the forecasted period. At country level China, Japan and India are projected to grow strongly in the coming years.
Global Smart Pole Industry Size and Share by 2025 (USD Billion)
The major players in smart pole industry are Syska LED Lights Private Limited, Eaton Corporation PLC, Zumtobel Group AG, General Electric Company, Philips Lighting Holding B.V., Acuity Brands Inc., Cree Inc., Zumtobel Group AG, Ericsson Inc., Hubbell Incorporated and other 13 companies detailed information is provided in research report. Rising research and development expenses to cater changing demand of end users, similarly, growth strategies such as acquisition, merger, and expansion of the distribution network were few techniques adopted by most of the key manufacturers in recent years.
Improve the telecom infrastructure
Reduces the visual pollution
High Infrastructure Cost
Implementation of IoT Technology
Unavailability of solar radiation
The Global Smart Pole Industry is segmented by installation type, by offering, by application, and by region in the forecasted period. The major shares of the Industry come from the offering type, Software sector in Global Smart Pole Industry. On the other hand, new installation type for this Industry is expected to grow at highest CAGR during the year 2018-2025.
Railway & Harbors
Roadways & Highways
By Installation Type
• Rest of Europe
• Rest of Asia-Pacific
• Latin America
• Middle East & Africa