The Latin America, Middle East and Africa Smart Pole Market is expected to witness market growth of 18.5% CAGR during the forecast period (2021 2027).
Several governments are recognizing the significance of modernizing public infrastructure by implementing cutting-edge technologies and implementing creative systems that can enhance citizens' quality of life. They are always looking for new ways to improve technology as part of smart city programs. Furthermore, many companies all around the world are working to expand their product portfolios in order to support smart city initiatives. Telensa Holding, a company that offers control solutions and wireless monitoring for smart cities, was acquired by Signify Holding in July 2021. By making smart city infrastructure goods accessible to cities, Signify Holding was able to service a wider range of clients.
Many cities that build smart street poles or retrofit existing fixtures today choose systems that are already equipped with sensor technology or can be readily modified to take advantage of the benefits of IoT applications. When a smart street pole can act as infrastructure for multiple smart city applications, such as public safety via video cameras, smart parking, traffic management, smart navigation, environmental monitoring (emissions, noise), extended Wi-Fi and cellular communications, digital info displays, and more, it achieves its full potential.
Street light poles are being transformed into smart city data gatherers and multi-functional IoT notes as connectivity evolve via 3G, 4G, and eventually 5G data networks. In addition, new solutions to old difficulties can arise by recording a wide range of real-time data - such as traffic volume, pedestrian footfall, weather, and noise - and then feeding that data into an analytics platform.
The Brazil market dominated the LAMEA 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 $360.8 million by 2027. The Argentina market is poised to grow at a CAGR of 19.2% during (2021 - 2027). Additionally, The UAE market is expected to display a CAGR of 18.2% 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
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.
Several governments are recognizing the significance of modernizing public infrastructure by implementing cutting-edge technologies and implementing creative systems that can enhance citizens' quality of life. They are always looking for new ways to improve technology as part of smart city programs. Furthermore, many companies all around the world are working to expand their product portfolios in order to support smart city initiatives. Telensa Holding, a company that offers control solutions and wireless monitoring for smart cities, was acquired by Signify Holding in July 2021. By making smart city infrastructure goods accessible to cities, Signify Holding was able to service a wider range of clients.
Many cities that build smart street poles or retrofit existing fixtures today choose systems that are already equipped with sensor technology or can be readily modified to take advantage of the benefits of IoT applications. When a smart street pole can act as infrastructure for multiple smart city applications, such as public safety via video cameras, smart parking, traffic management, smart navigation, environmental monitoring (emissions, noise), extended Wi-Fi and cellular communications, digital info displays, and more, it achieves its full potential.
Street light poles are being transformed into smart city data gatherers and multi-functional IoT notes as connectivity evolve via 3G, 4G, and eventually 5G data networks. In addition, new solutions to old difficulties can arise by recording a wide range of real-time data - such as traffic volume, pedestrian footfall, weather, and noise - and then feeding that data into an analytics platform.
The Brazil market dominated the LAMEA 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 $360.8 million by 2027. The Argentina market is poised to grow at a CAGR of 19.2% during (2021 - 2027). Additionally, The UAE market is expected to display a CAGR of 18.2% 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
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
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
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
Chapter 2. Market Overview
Chapter 4. LAMEA Smart Pole Market by Application
Chapter 5. LAMEA Smart Pole Market by Component
Chapter 6. LAMEA Smart Pole Market by Installation Type
Chapter 7. LAMEA Smart Pole Market by Country
Chapter 8. Company Profiles
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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