Smart Pole Market (By Component: Hardware, Software, Service; By Hardware: Lighting Lamp, Pole Bracket & Pole Body, Communication Device, Controller; By Installation Type: New Installation, Retrofit Installation; By Application: Highways & Roadways, Public Places, Railways & Harbors) - Global Industry Analysis, Size, Share, Growth, Trends, Revenue, Regional Outlook 2022 – 2030

Published Date : Oct 2021 | No. of Pages : 150+ Pages | Category : ICT

The global smart pole market size was valued at USD 7.50 billion in 2021, and is predicted to be worth around USD 38.72 billion by 2030, registering a CAGR of 20.5% during the forecast period 2022 to 2030.

Smart Pole Market Size 2021 to 2030

Growth Factors

The major factor contributing to the growth is the increasing demand for upgrading existing lighting infrastructure with energy-efficient lights across cities under smart city projects. Moreover, the rising pollution levels have created a need for smart poles equipped with air quality sensors and cameras to monitor the air quality and traffic. Such factors bode well for the growth of the market.

The rapid adoption of electric vehicles across the globe is expected to lead to the growing trend of integrating electric vehicle charging stations with smart poles in the forthcoming years. Numerous countries are focusing on developing their EV ecosystem and electric mobility. European countries are among the frontrunners when it comes to building EV ecosystems and adopting electric mobility. 

The growing adoption of IoT and cloud computing has enabled the addition of features such as secure communication, remote monitoring, and easy programmability. The extensive use of IoT technology in smart poles is anticipated to create new growth avenues for market players. Additionally, governments across the globe are entering into partnerships with private companies to upgrade their existing lighting networks with LED lights. Such factors are expected to contribute to the growth of the market for smart poles over the forecast period.

Report Coverage

Report Scope Details
Market Size US$ 38.72 billion by 2030
Growth Rate CAGR of 20.5% From 2022 to 2030
Largest Market North America
Base Year 2021
Forecast Period 2022 to 2030
Segments Covered Component, Hardware, Installation Type, Application
Regional Scope North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Companies Mentioned Cree, Inc.; Eaton; Echelon; General Electric; Siemens; Signify Holding; Silver Spring Networks, Inc.; Telensa; Wipro Limited; Zumtobel Group

By Components Analysis

The hardware segment held the leading revenue share of over 57.52% in 2021. Numerous smart poles installed worldwide are equipped with cameras and air quality sensors to measure the rising pollution levels. 

Several mobile technology providers are striking partnerships with alternative energy system providers to design and sell efficient poles that support video analytics, intelligent lighting, and Wi-Fi access points. 

The service segment is anticipated to register the fastest growth over the forecast period. Some companies in the market perform the task of installing smart poles in a facility or city and carry out the integration of different systems. 

By Hardware Analysis

The controller segment dominated the market with a revenue share of over 29.32% in 2021. Smart pole technology makes use of control devices to efficiently control light and other features based on parameters such as occupancy, temperature, and amount of natural light. 

Numerous companies are focused on developing and innovating connected lighting solutions. For instance, in March 2021, Tvilight, a wireless lighting controller provider, announced the addition of OpenSky IoT devices to its portfolio of wireless outdoor light controllers.

The communication device segment is expected to register the fastest growth over the forecast period. The growth of the segment can be attributed to the increasing need for awareness, comfort, and safety on the streets. All functions of a smart pole can be monitored, accessed, and remotely controlled through various communication technologies.

By Installation Type Analysis

The retrofit installation segment held the largest revenue share of over 59.19% in 2021, attributed to the smart city initiatives pursued by various governments. These initiatives aim to replace existing lights with energy-efficient lights and install digital signages, security cameras, Wi-Fi hotspots, and environmental monitoring systems on existing light poles.

The new installation segment is expected to register the fastest growth over the forecast period. The growth of this segment can be attributed to the increasing government initiatives toward the installation of smart poles in developed countries such as the U.S., U.K., France, and Germany to provide better web connectivity on the streets.

By Application Analysis

The public places segment dominated the market with a revenue share of over 39.92% in 2021. Smart poles offer various features such as security cameras, announcement speakers, internet connectivity, and charging points to help tourists and visitors in public spaces. The use of solar-powered smart poles is further expected to encourage the installation of smart poles in public parks, beaches, and tourist sites to prevent overcrowding. 

Artificial Intelligence (AI)-powered smart poles were deployed in the Algarve region of Portugal to determine whether or not the beach is fully occupied. Additionally, increasing crime rates have compelled governments in various regions to employ surveillance cameras on smart poles at public parks, fuel stations, and national parks.

The highways and roadways segment is anticipated to register the highest growth over the forecast period. The growing number of smart roads being developed across the globe is expected to emerge as one of the major factors driving the growth of the segment.

By Regional Analysis

North America accounted for a revenue share of over 30.17% in 2021. The rapid deployment of connected streetlights in the region is expected to create growth opportunities for the market.

The Asia Pacific region is expected to witness the fastest growth over the forecast period. The increasing deployment of smart poles in countries such as China and India is expected to contribute to the growth of the regional market.

Key Players

  • Cree, Inc.

  • Eaton

  • Echelon

  • General Electric

  • Siemens

  • Signify Holding

  • Silver Spring Networks, Inc.

  • Telensa

  • Wipro Limited

  • Zumtobel Group 

Market Segmentation

  • By Component 

    • Hardware

    • Software

    • Service

  • By Hardware 

    • Lighting Lamp

    • Pole Bracket & Pole Body

    • Communication Device

    • Controller

    • Others

  • By Installation Type

    • New Installation

    • Retrofit Installation

  • By Application 

    • Highways & Roadways

    • Public Places

    • Railways & Harbors

  • Regional 

    • North America

      • U.S.

      • Canada

    • Europe

      • Germany

      • U.K.

    • Asia Pacific

      • China

      • India

      • Japan

    • Latin America

      • Brazil

      • Mexico

    • Middle East & Africa

The smart pole market research report covers definition, classification, product classification, product application, development trend, product technology, competitive landscape, industrial chain structure, industry overview, national policy and planning analysis of the industry, the latest dynamic analysis, etc., and also includes major. The study includes drivers and restraints of the global market. It covers the impact of these drivers and restraints on the demand during the forecast period. The report also highlights opportunities in the market at the global level.

The report provides size (in terms of volume and value) of smart pole market for the base year 2022 and the forecast between 2022 and 2030. Market numbers have been estimated based on form and application. Market size and forecast for each application segment have been provided for the global and regional market.

This report focuses on the global smart pole market status, future forecast, growth opportunity, key market and key players. The study objectives are to present the smart pole market development in United States, Europe and China.

It is pertinent to consider that in a volatile global economy, we haven’t just conducted smart pole market forecasts in terms of CAGR, but also studied the market based on key parameters, including Year-on-Year (Y-o-Y) growth, to comprehend the certainty of the market and to find and present the lucrative opportunities in market.

In terms of production side, this report researches the smart pole capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and type.

In terms of consumption side, this report focuses on the consumption of smart pole by regions (countries) and application.

Buyers of the report will have access to verified market figures, including global market size in terms of revenue and volume. As part of production analysis, the authors of the report have provided reliable estimations and calculations for global revenue and volume by Type segment of the global smart pole market. These figures have been provided in terms of both revenue and volume for the period 2019 to 2030. Additionally, the report provides accurate figures for production by region in terms of revenue as well as volume for the same period. The report also includes production capacity statistics for the same period.

With regard to production bases and technologies, the research in this report covers the production time, base distribution, technical parameters, research and development trends, technology sources, and sources of raw materials of major smart pole market companies.

Regarding the analysis of the industry chain, the research of this report covers the raw materials and equipment of smart pole market upstream, downstream customers, marketing channels, industry development trends and investment strategy recommendations. The more specific analysis also includes the main application areas of market and consumption, major regions and Consumption, major Chinese producers, distributors, raw material suppliers, equipment providers and their contact information, industry chain relationship analysis.

The research in this report also includes product parameters, production process, cost structure, and data information classified by region, technology and application. Finally, the paper model new project SWOT analysis and investment feasibility study of the case model.

Overall, this is an in-depth research report specifically for the smart pole industry. The research center uses an objective and fair way to conduct an in-depth analysis of the development trend of the industry, providing support and evidence for customer competition analysis, development planning, and investment decision-making. In the course of operation, the project has received support and assistance from technicians and marketing personnel in various links of the industry chain.

smart pole market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to smart pole market.

Prominent players in the market are predicted to face tough competition from the new entrants. However, some of the key players are targeting to acquire the startup companies in order to maintain their dominance in the global market. For a detailed analysis of key companies, their strengths, weaknesses, threats, and opportunities are measured in the report by using industry-standard tools such as the SWOT analysis. Regional coverage of key companies is covered in the report to measure their dominance. Key manufacturers of smart pole market are focusing on introducing new products to meet the needs of the patrons. The feasibility of new products is also measured by using industry-standard tools.

Key companies are increasing their investments in research and development activities for the discovery of new products. There has also been a rise in the government funding for the introduction of new smart pole market. These factors have benefited the growth of the global market for smart pole. Going forward, key companies are predicted to benefit from the new product launches and the adoption of technological advancements. Technical advancements have benefited many industries and the global industry is not an exception.

New product launches and the expansion of already existing business are predicted to benefit the key players in maintaining their dominance in the global market for smart pole. The global market is segmented on the basis of region, application, end-users and product type. Based on region, the market is divided into North America, Europe, Asia-Pacific, Latin America and Middle East and Africa (MEA).

In this study, the years considered to estimate the market size of smart pole are as follows:

  • History Year: 2019-2021
  • Base Year: 2022
  • Forecast Year 2022  to 2030

Reasons to Purchase this Report:


- Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
- Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
- Market value USD Million and volume Units Million data for each segment and sub-segment
- Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
- Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players

Research Methodology:

In-depth interviews and discussions were conducted with several key market participants and opinion leaders to compile the research report.

This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.

The study objectives of this report are:

  • To analyze and study the global market capacity, production, value, consumption, status (2019-2022) and forecast (2022-2030);
  • Focuses on the key manufacturers, to study the capacity, production, value, market share and development plans in future.
  • Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
  • To define, describe and forecast the market by type, application and region.
  • To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
  • To identify significant trends and factors driving or inhibiting the market growth.
  • To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
  • To strategically analyze each submarket with respect to individual growth trend and their contribution to the market
  • To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
  • To strategically profile the key players and comprehensively analyze their growth strategies.

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