Lucintel anticipates that North America will be the fastest growing region in the smart pole market

   October 22, 2019
According to a new market report by Lucintel, the future of the smart pole market looks promising with opportunities in the highway, roadways, public places, harbors, and railway industries. The smart pole market is expected to grow with a CAGR of 20% from 2019 to 2024. The major drivers for this market are need for energy-efficient lighting systems, increasing government initiatives for smart cities, risk of road accidents, and increasing need for traffic management.  

To download report brochure, please go to and click "report brochure" tab from the menu.

In this market, smart poles are used to reduced maintenance costs and real-time monitoring of traffic in highways, roadways, public places, harbors, and railway industries. Lucintel forecasts that the highways and roadways will remain the largest application due to higher demand of street lighting as compare to other application. Smart pole also provide real time traffic monitoring to reduce the crime, accidents, and traffic jams.

North America will remain the largest region and Asia Pacific is expected to witness the highest growth due to stringent government regulations in countries, such as India, China, Ausralia, and Japan, to reduce the energy consumption by street lightings

Philips Lighting Holding, General Electric Company, Hubbell Incorporated, Cree, Eaton Corporation, Acuity Brands, Zumtobel, Syska LED, Lights Private Limited, Virtual Extension, Mobile Pro Systems are among the major players in the smart pole market .

Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the smart pole market by application, installation type, component type, and region. Lucintel has prepared a comprehensive research report entitled “Smart pole Market 2019-2024: Trends, Forecast, and Opportunity Analysis”. This Lucintel report serves as a catalyst for growth strategy as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the smart pole market by application, installation type, component type, and region as follows:

By Application [$M shipment analysis for 2013 – 2024]:

  • Highways and Roadways

  • Public Places

  • Railways and Harbors

By Installation Type [$M shipment analysis for 2013 – 2024]: 

  • New Installation

  • Retrofit

By Component Type [$M shipment analysis for 2013 – 2024]: 

  • Lighting Lamp

  • Communication Devices

  • Lamp Controller

  • Sensors

By Region [$M shipment analysis for 2013 – 2024]:

  • North America

    • United States

    • Canada

    • Mexico

  • Europe

    • UK

    • Germany

    • Italy

  • Asia Pacific

    • China

    • Japan

    • India

  • Rest of the World

This 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link or

About Lucintel

Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision-makers in a variety of industries. For further information, visit

Lucintel Corporate Customers

Market Entry, M & A, Opportunity Screening,...

Private Equity Customers

Buy Side Services (target screening, due diligence, ..)

Customer Quotes

"With more than 20 years experience in the industry, this is the first time we have come across such an extensive market analysis for our industry." Ven Cote, CEO, ZCL

"The insights we gained from Lucintel work helped with our business plan…a wonderful professional job…" Mike Jackson, Stahlin

"The report from Lucintel is useful not only for business planners, but also for the technology officers wanting to create a roadmap …" Dr. Giulio Ranzo, Booz Allen

"The information is so comprehensive, it has allowed us to identify & focus our business development efforts. It saved months of leg-work." Bill Barz, L&L Products

"We bought Lucintel report because it is the best report about our industry…a complete and appropriate analysis." Cesare Andrenacci, Ferretti