The North America Smart Pole Market would 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 would 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 would 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.
Free Valuable Insights: The Global Smart Pole Market is Estimated to reach $20.7 Billion by 2027, at a CAGR of 18.6%
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
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
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
TABLE 1 North America Smart Pole Market, 2017 - 2020, USD Million
TABLE 2 North America Smart Pole Market, 2021 - 2027, USD Million
TABLE 3 North America Smart Pole Market by Application, 2017 - 2020, USD Million
TABLE 4 North America Smart Pole Market by Application, 2021 - 2027, USD Million
TABLE 5 North America Public Places Market by Country, 2017 - 2020, USD Million
TABLE 6 North America Public Places Market by Country, 2021 - 2027, USD Million
TABLE 7 North America Highways & Roadways Market by Country, 2017 - 2020, USD Million
TABLE 8 North America Highways & Roadways Market by Country, 2021 - 2027, USD Million
TABLE 9 North America Railways & Harbors Market by Country, 2017 - 2020, USD Million
TABLE 10 North America Railways & Harbors Market by Country, 2021 - 2027, USD Million
TABLE 11 North America Smart Pole Market by Component, 2017 - 2020, USD Million
TABLE 12 North America Smart Pole Market by Component, 2021 - 2027, USD Million
TABLE 13 North America Hardware Market by Country, 2017 - 2020, USD Million
TABLE 14 North America Hardware Market by Country, 2021 - 2027, USD Million
TABLE 15 North America Smart Pole Market by Hardware Type, 2017 - 2020, USD Million
TABLE 16 North America Smart Pole Market by Hardware Type, 2021 - 2027, USD Million
TABLE 17 North America Controller Market by Country, 2017 - 2020, USD Million
TABLE 18 North America Controller Market by Country, 2021 - 2027, USD Million
TABLE 19 North America Lighting Lamp Market by Country, 2017 - 2020, USD Million
TABLE 20 North America Lighting Lamp Market by Country, 2021 - 2027, USD Million
TABLE 21 North America Pole Bracket & Pole Body Market by Country, 2017 - 2020, USD Million
TABLE 22 North America Pole Bracket & Pole Body Market by Country, 2021 - 2027, USD Million
TABLE 23 North America Communication Device Market by Country, 2017 - 2020, USD Million
TABLE 24 North America Communication Device Market by Country, 2021 - 2027, USD Million
TABLE 25 North America Others Market by Country, 2017 - 2020, USD Million
TABLE 26 North America Others Market by Country, 2021 - 2027, USD Million
TABLE 27 North America Software Market by Country, 2017 - 2020, USD Million
TABLE 28 North America Software Market by Country, 2021 - 2027, USD Million
TABLE 29 North America Services Market by Country, 2017 - 2020, USD Million
TABLE 30 North America Services Market by Country, 2021 - 2027, USD Million
TABLE 31 North America Smart Pole Market by Installation Type, 2017 - 2020, USD Million
TABLE 32 North America Smart Pole Market by Installation Type, 2021 - 2027, USD Million
TABLE 33 North America Retrofit Market by Country, 2017 - 2020, USD Million
TABLE 34 North America Retrofit Market by Country, 2021 - 2027, USD Million
TABLE 35 North America New Market by Country, 2017 - 2020, USD Million
TABLE 36 North America New Market by Country, 2021 - 2027, USD Million
TABLE 37 North America Smart Pole Market by Country, 2017 - 2020, USD Million
TABLE 38 North America Smart Pole Market by Country, 2021 - 2027, USD Million
TABLE 39 US Smart Pole Market, 2017 - 2020, USD Million
TABLE 40 US Smart Pole Market, 2021 - 2027, USD Million
TABLE 41 US Smart Pole Market by Application, 2017 - 2020, USD Million
TABLE 42 US Smart Pole Market by Application, 2021 - 2027, USD Million
TABLE 43 US Smart Pole Market by Component, 2017 - 2020, USD Million
TABLE 44 US Smart Pole Market by Component, 2021 - 2027, USD Million
TABLE 45 US Smart Pole Market by Hardware Type, 2017 - 2020, USD Million
TABLE 46 US Smart Pole Market by Hardware Type, 2021 - 2027, USD Million
TABLE 47 US Smart Pole Market by Installation Type, 2017 - 2020, USD Million
TABLE 48 US Smart Pole Market by Installation Type, 2021 - 2027, USD Million
TABLE 49 Canada Smart Pole Market, 2017 - 2020, USD Million
TABLE 50 Canada Smart Pole Market, 2021 - 2027, USD Million
TABLE 51 Canada Smart Pole Market by Application, 2017 - 2020, USD Million
TABLE 52 Canada Smart Pole Market by Application, 2021 - 2027, USD Million
TABLE 53 Canada Smart Pole Market by Component, 2017 - 2020, USD Million
TABLE 54 Canada Smart Pole Market by Component, 2021 - 2027, USD Million
TABLE 55 Canada Smart Pole Market by Hardware Type, 2017 - 2020, USD Million
TABLE 56 Canada Smart Pole Market by Hardware Type, 2021 - 2027, USD Million
TABLE 57 Canada Smart Pole Market by Installation Type, 2017 - 2020, USD Million
TABLE 58 Canada Smart Pole Market by Installation Type, 2021 - 2027, USD Million
TABLE 59 Mexico Smart Pole Market, 2017 - 2020, USD Million
TABLE 60 Mexico Smart Pole Market, 2021 - 2027, USD Million
TABLE 61 Mexico Smart Pole Market by Application, 2017 - 2020, USD Million
TABLE 62 Mexico Smart Pole Market by Application, 2021 - 2027, USD Million
TABLE 63 Mexico Smart Pole Market by Component, 2017 - 2020, USD Million
TABLE 64 Mexico Smart Pole Market by Component, 2021 - 2027, USD Million
TABLE 65 Mexico Smart Pole Market by Hardware Type, 2017 - 2020, USD Million
TABLE 66 Mexico Smart Pole Market by Hardware Type, 2021 - 2027, USD Million
TABLE 67 Mexico Smart Pole Market by Installation Type, 2017 - 2020, USD Million
TABLE 68 Mexico Smart Pole Market by Installation Type, 2021 - 2027, USD Million
TABLE 69 Rest of North America Smart Pole Market, 2017 - 2020, USD Million
TABLE 70 Rest of North America Smart Pole Market, 2021 - 2027, USD Million
TABLE 71 Rest of North America Smart Pole Market by Application, 2017 - 2020, USD Million
TABLE 72 Rest of North America Smart Pole Market by Application, 2021 - 2027, USD Million
TABLE 73 Rest of North America Smart Pole Market by Component, 2017 - 2020, USD Million
TABLE 74 Rest of North America Smart Pole Market by Component, 2021 - 2027, USD Million
TABLE 75 Rest of North America Smart Pole Market by Hardware Type, 2017 - 2020, USD Million
TABLE 76 Rest of North America Smart Pole Market by Hardware Type, 2021 - 2027, USD Million
TABLE 77 Rest of North America Smart Pole Market by Installation Type, 2017 - 2020, USD Million
TABLE 78 Rest of North America Smart Pole Market by Installation Type, 2021 - 2027, USD Million
TABLE 79 key information – Eaton Corporation PLC
TABLE 80 Key Information – General Electric (GE) Co.
TABLE 81 Key Information – Wipro Limited
TABLE 82 Key Information – Siemens AG
TABLE 83 Key Information – Signify N.V.
TABLE 84 Key Information – Itron, Inc.
TABLE 85 key information – Zumtobel Group AG
TABLE 86 Key Information – Acuity Brands Lighting, Inc.
TABLE 87 Key Information – Hubbell Incorporated
List of Figures
FIG 1 Methodology for the research
FIG 2 Swot analysis: General electric (GE) Co.
FIG 3 SWOT Analysis: Wipro Limited
FIG 4 Recent strategies and developments: Siemens AG
FIG 5 Swot analysis: Siemens AG
FIG 6 Recent strategies and developments: Signify N.V.