Industry Background:
Smart Pole is a smart product, which utilizing MPS technologies embedded within steel and aluminium poles made for public safety, anti-theft, crime prevention, anti-terrorism, and other lighting applications. These poles are integrated with the latest technology components with specific features and benefits in battery backup, panic button/emergency assistance, LED lighting, Wi-Fi and more.This growth is primarily driven by Rising Concern Regarding Traffic and Road Accidents Promotes and Rising the Demand of Internet System for Tracking the Direction.
Globally, a noticeable market trend is evident Smart Poles Equipped With Internet Connectivity Are Surge in Their Demand. Major Players, such as Telensa Limited (United Kingdom), Lumca Inc. (Canada), General Electric (United States), Philips Lighting Holding B.v (Netherlands), Maven Systems Pvt. Ltd (India), Shangai Sansi technology Co. (China), Sunna Design (France), Acuit brands Lighting (Georgia), Neptune Light Inc. (United States), Streetscape International LLC (United Arab Emirates) and Hubbell Incorporated (United States) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
In Aug 2018, NDMC Partners Announced Its Partnership With Indus Tower To Install 55 Smart Poles, Where Each Poles Equipped With Wi-Fi Access Points, Smart Light Solution And CCTV Cameras. Additionally, In Oct 2018, Bharat Sanchar Nigam Limited Announced To Select Nokia for Smart Pole Deployment across India to Provide Connectivity and Integrated LED Lighting System, CCTV Cameras, Digital Billboards and Environmental Sensors
Market Drivers
- Rising Concern Regarding Traffic and Road Accidents Promotes
- Rising the Demand of Internet System for Tracking the Direction
Market Trend
- Smart Poles Equipped With Internet Connectivity Are Surge in Their Demand
Restraints
- Installation of Smart Pole Is Quite Expensive Which Hamper the Growth of This Market
- Regular Maintenance Is Expected To Immerse In a Market
Opportunities
Government of Various Country Are Taking Initiatives Regarding Smart City Projects, Which Creates a Huge Opportunity for Smart Pole Market
AMA Research follow a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcase the spontaneously changing Players landscape impacting the growth of the market. Furthermore, our market researchers extensively analyse the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts, but also include significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Smart Pole Study Sheds Light on
The Smart Pole Market status quo and key characteristics. To end this, Analyst at AMA organize and took survey of the Smart Pole industry Players. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Smart Pole industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey and interviews with key executives and industry experts.
How every company in this diverse set of Players can best navigate the emerging competition landscape and follow a strategy that helps them position to hold value they currently claim, or capture the new addressable opportunity.