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Asia Pacific Smart Pole Market Size, Share & Industry Trends Analysis Report By Application, By Component, By Hardware Type, By Installation Type, By Country and Growth Forecast, 2021-2027

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    Report

  • 107 Pages
  • March 2022
  • Region: Asia Pacific
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 5590243
The Asia Pacific Smart Pole Market is expected to witness market growth of 20.3% CAGR during the forecast period (2021 2027).

Countries all over the world are investing in smart city initiatives as a result of increasing urbanization and the necessity to manage infrastructure and assets. The smart pole market is driven by the growing infrastructure for smart city projects, as well as Internet of Things (IoT) systems to manage city infrastructures, manage traffic flows and parking, and monitor water and air quality. For example, the Union Government of India planned in February 2019 to install smart poles in all Smart Cities across the country. The smart pole will be equipped with smart LED lighting systems, CCTV cameras, and digital billboards, as well as environmental sensors that will provide data on temperature, pollution levels, and WiFi routers, among other things
Furthermore, as cities become more urbanized and the use of personal and public transportation increases, city traffic becomes increasingly congested, putting pressure on local governments and corporations to improve traffic management. In addition, one of the specific reasons for the low quality of life in cities is traffic congestion. As a result, smart poles are gaining popularity in cities as a means of reducing traffic congestion and preventing accidents, as they may provide traffic management with the following features: traffic monitoring, traffic guiding, car monitoring, and parking guidance.

The governments of a number of APAC countries are putting money into smart city projects. For example, India's Smart City Mission Program, which aims to install big data, cloud computing, IoT, and other smart systems by 2021, will cost USD 24.31 billion.

By 2025, the APAC region will account for 40% of the global addressable market growth for smart city initiatives, or USD 800 billion, according to UBS' Smart Cities: Shifting Asia report. Asian governments are putting money into smart city projects and collaborating with the corporate sector. For example, China's National Smart City Program invested CNY 500 billion, and there were 500 smart cities in various phases of development, utilizing Big Data, cloud computing, IoT, and other smart technology.

The China market dominated the Asia Pacific Smart Pole Market by Country in 2020, and is expected to continue to be a dominant market till 2027; thereby, achieving a market value of $1,889.9 million by 2027. The Japan market is poised to grow at a CAGR of 19.5% during (2021 - 2027). Additionally, The India market is expected to exhibit a CAGR of 21% during (2021 - 2027).

Based on Application, the market is segmented into Public Places, Highways & Roadways, and Railways & Harbors. Based on Component, the market is segmented into Hardware, Software, and Services. Based on Hardware Type, the market is segmented into Controller, Lighting Lamp, Pole Bracket & Pole Body, Communication Device, and Others. Based on Installation Type, the market is segmented into Retrofit, and New. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Eaton Corporation PLC, General Electric (GE) Co., Siemens AG, Signify N.V., Itron, Inc., Wipro Limited, Zumtobel Group AG, Acuity Brands Lighting, Inc., and Hubbell Incorporated.

Scope of the Study


Market Segments Covered in the Report:


By Application

  • Public Places
  • Highways & Roadways
  • Railways & Harbors

By Component

  • Hardware
  • Controller
  • Lighting Lamp
  • Pole Bracket & Pole Body
  • Communication Device
  • Others
  • Software
  • Services

By Installation Type

  • Retrofit
  • New

By Country

  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Rest of Asia Pacific

Key Market Players


List of Companies Profiled in the Report:

  • Eaton Corporation PLC
  • General Electric (GE) Co.
  • Siemens AG
  • Signify N.V.
  • Itron, Inc.
  • Wipro Limited
  • Zumtobel Group AG
  • Acuity Brands Lighting, Inc.
  • Hubbell Incorporated

Unique Offerings from the publisher

  • Exhaustive coverage
  • The highest number of market tables and figures
  • Subscription-based model available
  • Guaranteed best price
  • Assured post sales research support with 10% customization free

Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Smart Pole Market, by Application
1.4.2 Asia Pacific Smart Pole Market, by Component
1.4.3 Asia Pacific Smart Pole Market, by Installation Type
1.4.4 Asia Pacific Smart Pole Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Recent Strategies Deployed in Smart Pole Market
Chapter 4. Asia Pacific Smart Pole Market by Application
4.1 Asia Pacific Public Places Market by Country
4.2 Asia Pacific Highways & Roadways Market by Country
4.3 Asia Pacific Railways & Harbors Market by Country
Chapter 5. Asia Pacific Smart Pole Market by Component
5.1 Asia Pacific Hardware Market by Country
5.2 Asia Pacific Smart Pole Market by Hardware Type
5.2.1 Asia Pacific Controller Market by Country
5.2.2 Asia Pacific Lighting Lamp Market by Country
5.2.3 Asia Pacific Pole Bracket & Pole Body Market by Country
5.2.4 Asia Pacific Communication Device Market by Country
5.2.5 Asia Pacific Others Market by Country
5.3 Asia Pacific Software Market by Country
5.4 Asia Pacific Services Market by Country
Chapter 6. Asia Pacific Smart Pole Market by Installation Type
6.1 Asia Pacific Retrofit Market by Country
6.2 Asia Pacific New Market by Country
Chapter 7. Asia Pacific Smart Pole Market by Country
7.1 China Smart Pole Market
7.1.1 China Smart Pole Market by Application
7.1.2 China Smart Pole Market by Component
7.1.2.1 China Smart Pole Market by Hardware Type
7.1.3 China Smart Pole Market by Installation Type
7.2 Japan Smart Pole Market
7.2.1 Japan Smart Pole Market by Application
7.2.2 Japan Smart Pole Market by Component
7.2.2.1 Japan Smart Pole Market by Hardware Type
7.2.3 Japan Smart Pole Market by Installation Type
7.3 India Smart Pole Market
7.3.1 India Smart Pole Market by Application
7.3.2 India Smart Pole Market by Component
7.3.2.1 India Smart Pole Market by Hardware Type
7.3.3 India Smart Pole Market by Installation Type
7.4 South Korea Smart Pole Market
7.4.1 South Korea Smart Pole Market by Application
7.4.2 South Korea Smart Pole Market by Component
7.4.2.1 South Korea Smart Pole Market by Hardware Type
7.4.3 South Korea Smart Pole Market by Installation Type
7.5 Singapore Smart Pole Market
7.5.1 Singapore Smart Pole Market by Application
7.5.2 Singapore Smart Pole Market by Component
7.5.2.1 Singapore Smart Pole Market by Hardware Type
7.5.3 Singapore Smart Pole Market by Installation Type
7.6 Malaysia Smart Pole Market
7.6.1 Malaysia Smart Pole Market by Application
7.6.2 Malaysia Smart Pole Market by Component
7.6.2.1 Malaysia Smart Pole Market by Hardware Type
7.6.3 Malaysia Smart Pole Market by Installation Type
7.7 Rest of Asia Pacific Smart Pole Market
7.7.1 Rest of Asia Pacific Smart Pole Market by Application
7.7.2 Rest of Asia Pacific Smart Pole Market by Component
7.7.2.1 Rest of Asia Pacific Smart Pole Market by Hardware Type
7.7.3 Rest of Asia Pacific Smart Pole Market by Installation Type
Chapter 8. Company Profiles
8.1 Eaton Corporation PLC
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Segmental and Regional Analysis
8.1.4 Research & Development Expense
8.1.5 Recent strategies and developments:
8.1.5.1 Partnerships, Collaborations, and Agreements:
8.2 General Electric (GE) Co.
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental and Regional Analysis
8.2.4 Research & Development Expense
8.2.5 SWOT Analysis
8.3 Wipro Limited
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental and Regional Analysis
8.3.4 Research & Development Expenses
8.3.5 Recent strategies and developments:
8.3.5.1 Partnerships, Collaborations, and Agreements:
8.3.6 SWOT Analysis
8.4 Siemens AG
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Segmental and Regional Analysis
8.4.4 Research & Development Expense
8.4.5 Recent strategies and developments:
8.4.5.1 Partnerships, Collaborations, and Agreements:
8.4.5.2 Acquisitions and Mergers:
8.4.6 SWOT Analysis
8.5 Signify N.V.
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Segmental and Regional Analysis
8.5.4 Research & Development Expense
8.5.5 Recent strategies and developments:
8.5.5.1 Partnerships, Collaborations, and Agreements:
8.5.5.2 Product Launches and Product Expansions:
8.6 Itron, Inc.
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Segmental and Regional Analysis
8.6.4 Research & Development Expense
8.7 Zumtobel Group AG
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Segmental and Regional Analysis
8.7.4 Research & Development Expense
8.8 Acuity Brands Lighting, Inc.
8.8.1 Company Overview
8.8.2 Financial Analysis
8.8.3 Regional and Segmental Analysis
8.8.4 Research & Development Expense
8.9 Hubbell Incorporated
8.9.1 Company Overview
8.9.2 Financial Analysis
8.9.3 Segmental and Regional Analysis
8.9.4 Research & Development Expenses

Companies Mentioned

  • Eaton Corporation PLC
  • General Electric (GE) Co.
  • Siemens AG
  • Signify N.V.
  • Itron, Inc.
  • Wipro Limited
  • Zumtobel Group AG
  • Acuity Brands Lighting, Inc.
  • Hubbell Incorporated

Methodology

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