In a recent published report, Kenneth Research has updated the market report for Smart Pole Market for 2021 till 2030. Report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In the view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to be regain 25% by the end of 2021- Positive Growth in the economic demand and supply.
U.S. Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analsysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) avergae exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilest imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Smart Pole Market products.
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Factors such as the growing trade of semiconductors for use in different consumer electronic products, along with the growing trend of automation and IoT, which is raising the need for the deployment of advanced electronic chipsets, therefore the advancement in the trade of semiconductors. According to the statistics by World Semiconductor Trade Statistics (WSTS), semiconductor billings around the globe per 12 months rolling average increased from around USD 250 billion in the year 2010 to around USD 460 billion in the year 2019.
A detailed report on Smart Pole Market has been published by Kenneth Research. The report has been categorized by growth indicators, market size and further encompasses detailed market analysis on macro trends. Additionally, the report also contains region-wise growth in North America, Latin America, Europe, Asia-Pacific and Middle East & Africa region. Moreover, the report also offers strategic evaluation that is required to boost the growth of the market over the period of 2021-2025.
“Final Report will add the analysis of the impact of COVID-19 on this industry.”
Global Smart Pole Market was valued at USD 6.03 Billion in the year 2017. Global Smart Pole Market 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 Market share in 2017 and Asia Pacific Market is considered as the fastest growing Market in the forecasted period. At country level China, Japan and India are projected to grow strongly in the coming years.
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.
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Strength
Improve the telecom infrastructure
Reduces the visual pollution
Weakness
High Infrastructure Cost
Opportunities
Implementation of IoT Technology
Threats
Unavailability of solar radiation
The Global Smart Pole Market is segmented by installation type, by offering, by application, and by region in the forecasted period. The major shares of the Market come from the offering type, Software sector in Global Smart Pole Market. On the other hand, new installation type for this Market is expected to grow at highest CAGR during the year 2018-2025.
By Offering
Component
Services
Software
By Application
Public Places
Railway & Harbors
Roadways & Highways
By Installation Type
New Installation
Retrofit Installation
By Region
North America
*USA
*Canada
Europe
*Germany
*U.K.
*France
*Italy
*Rest of Europe
APAC
*China
*India
*Japan
*Rest of Asia-Pacific
RoW
*Latin America
*Middle East & Africa
Key points covered in this report:
- The historical and current data is provided in the report based on which the future projections are made and the industry analysis is performed.
- The import and export details along with consumption value and production capability of every region is mentioned in the report.
- Porter’s five forces analysis, value chain analysis, SWOT analysis are some additional important parameters used for the analysis of market growth.
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Table of Content
1. Introduction
1.1 Industry Vision
1.2 Limitations
1.3 Stakeholders
2. Research Methodology
2.1. Research Process
2.1.1. Secondary Research
2.1.1.1. Key Data from Secondary Research
2.1.2. Primary Research
2.1.2.1. Key Data from Primary Research
2.1.2.2. Breakdowns of Primary Interviews
2.2. Industry Size Estimation
2.2.1. Bottoms-Up Approach
2.2.2. Top-Down Approach
2.2.3. Annual Revenue Process
2.3. Data Triangulation
2.4. Research Assumptions
2.4.1. Assumption
3. Executive Summary
4. Industry Overview
4.1. Introduction
4.2. Strength
4.3. Weakness
4.4. Opportunities
4.5. Threats
4.6. Regulations
4.7. Supply Chain/Value Chain Analysis
4.8. Patent & Standards
5. Industry Trends
5.1. Introduction
5.2. Porter’s Five Forces Analysis
5.2.1. Threat of New Entrants
5.2.2. Threat of Substitutes
5.2.3. Bargaining Power of Buyers
5.2.4. Bargaining Power of Suppliers
5.2.5. Intensity of Competitive Rivalry
6. Smart Pole Industry, By Installation Type
6.1. New Installation
6.2. Retrofit Installation
7. Smart Pole Industry, By Offering
7.1. Component
7.1.1 Ballast
7.1.2 Pole Bracket and Pole Body
7.1.3 Lamp Controller
7.1.4 Lighting Lamp
7.1.5 Communication Device
7.1.6 Others
7.2 Services
7.2.1 Installation
7.2.2 Maintenance
7.3 Software
8. Smart Pole Industry, By Application
8.1. Public Places
8.2. Railways and Harbors
8.3. Roadways & Highways
9. Geographical Analysis
9.1. Introduction
9.2. North America
9.2.1. U.S.
9.2.2. Canada
9.2.3. Mexico
9.3. Europe
9.3.1. Germany
9.3.2. France
9.3.3. U.K.
9.3.4. RoE
9.4. Asia Pacific
9.4.1. China
9.4.2. Japan
9.4.3. India
9.4.4. RoAPAC
About Kenneth Research
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