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North America 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

  • 92 Pages
  • March 2022
  • Region: North America
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 5590245
The North America Smart Pole Market is expected to witness market growth of 17.8% CAGR during the forecast period (2021 2027).

Smart poles are networked light sources that can be controlled from afar. Citizens, visitors, and businesses can benefit from smart pole technology's multi-utility functions and capabilities. Highways, roadways, and public spaces are all sites where smart poles are deployed. Additionally, smart poles use technology to improve mobile network performance across the city and provide different benefits to citizens in public spaces like internet connectivity, public announcement speakers, and charging points.

The ability of smart poles to centralize the electronics, software controls, and sensors that can assist in gathering and transmitting information from the pole position to the operator location is a key factor driving demand for smart poles around the world. Smart poles are also used extensively in energy-saving measures in order to provide a high level of prosperity to the population. In addition, the increased demand for business automation is causing the Smart Pole to be deployed more widely over the Region.

The region is early adoption of smart cities, continuous upgrades to existing utility infrastructure, and significant investments in cutting-edge technology. For example, in October 2020, Canada announced cooperation with Nokia to update utility pole infrastructure to smart city green poles.

Various governments are working to develop their cities by installing smart poles with Wi-Fi access and charging stations. For example, as part of its digital transformation effort, the City of Hampton in Virginia declared the installation of cutting-edge light poles in February 2021. The energy for Wi-Fi connectivity and charging ports is provided by green technology like solar power. Security cameras are also installed on the smart poles, which offer a live video feed to surrounding police. Furthermore, many governments have implemented smart lighting projects to replace inefficient lighting infrastructure with energy-efficient lighting.

The US market dominated the North America 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 $5,056.9 million by 2027. The Canada market is experiencing a CAGR of 20.5% during (2021 - 2027). Additionally, The Mexico market is expected to showcase a CAGR of 19.4% 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 U.S., Mexico, Canada, and Rest of North America.

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

  • US
  • Canada
  • Mexico
  • Rest of North America

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 North America Smart Pole Market, by Application
1.4.2 North America Smart Pole Market, by Component
1.4.3 North America Smart Pole Market, by Installation Type
1.4.4 North America 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. North America Smart Pole Market by Application
4.1 North America Public Places Market by Country
4.2 North America Highways & Roadways Market by Country
4.3 North America Railways & Harbors Market by Country
Chapter 5. North America Smart Pole Market by Component
5.1 North America Hardware Market by Country
5.2 North America Smart Pole Market by Hardware Type
5.2.1 North America Controller Market by Country
5.2.2 North America Lighting Lamp Market by Country
5.2.3 North America Pole Bracket & Pole Body Market by Country
5.2.4 North America Communication Device Market by Country
5.2.5 North America Others Market by Country
5.3 North America Software Market by Country
5.4 North America Services Market by Country
Chapter 6. North America Smart Pole Market by Installation Type
6.1 North America Retrofit Market by Country
6.2 North America New Market by Country
Chapter 7. North America Smart Pole Market by Country
7.1 US Smart Pole Market
7.1.1 US Smart Pole Market by Application
7.1.2 US Smart Pole Market by Component
7.1.2.1 US Smart Pole Market by Hardware Type
7.1.3 US Smart Pole Market by Installation Type
7.2 Canada Smart Pole Market
7.2.1 Canada Smart Pole Market by Application
7.2.2 Canada Smart Pole Market by Component
7.2.2.1 Canada Smart Pole Market by Hardware Type
7.2.3 Canada Smart Pole Market by Installation Type
7.3 Mexico Smart Pole Market
7.3.1 Mexico Smart Pole Market by Application
7.3.2 Mexico Smart Pole Market by Component
7.3.2.1 Mexico Smart Pole Market by Hardware Type
7.3.3 Mexico Smart Pole Market by Installation Type
7.4 Rest of North America Smart Pole Market
7.4.1 Rest of North America Smart Pole Market by Application
7.4.2 Rest of North America Smart Pole Market by Component
7.4.2.1 Rest of North America Smart Pole Market by Hardware Type
7.4.3 Rest of North America 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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