China Smart Pole Market Size & Outlook, 2023-2030
China smart pole market, 2017-2030 (US$M)
Related Markets
China smart pole market highlights
- The China smart pole market generated a revenue of USD 1,880.3 million in 2023 and is expected to reach USD 7,237.1 million by 2030.
- The China market is expected to grow at a CAGR of 21.2% from 2024 to 2030.
- In terms of segment, hardware was the largest revenue generating component in 2023.
- Service is the most lucrative component segment registering the fastest growth during the forecast period.
Smart pole market data book summary
| Market revenue in 2023 | USD 1,880.3 million |
| Market revenue in 2030 | USD 7,237.1 million |
| Growth rate | 21.2% (CAGR from 2023 to 2030) |
| Largest segment | Hardware |
| Fastest growing segment | Service |
| Historical data | 2017 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hardware, Software, Service |
| Key market players worldwide | Wolfspeed Inc, Eaton Corp PLC, Adesto Technologies, Portland General Electric Co, Siemens AG, Signify NV, Silver Spring Networks, Telensa, Wipro Ltd ADR, Zumtobel Group AG ADR |
Other key industry trends
- In terms of revenue, China accounted for 17.8% of the global smart pole market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China smart pole market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 2,541.9 million by 2030.
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Smart Pole Market Scope
Smart Pole Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
China smart pole market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to smart pole market will help companies and investors design strategic landscapes.
Hardware was the largest segment with a revenue share of 56.48% in 2023. Horizon Databook has segmented the China smart pole market based on hardware, software, service covering the revenue growth of each sub-segment from 2017 to 2030.
- China Smart Pole Component Outlook (Revenue, USD Million, 2017-2030)
- Hardware
- Lighting Lamp
- Pole Bracket and Pole Body
- Communication Device
- Controller
- Others
- Software
- Service
- Hardware
- China Smart Pole Installation Type Outlook (Revenue, USD Million, 2017-2030)
- New Installation
- Retrofit Installation
- China Smart Pole Application Outlook (Revenue, USD Million, 2017-2030)
- Highways and Roadways
- Public Places
- Railways and Harbors
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Target buyers of China smart pole market databook
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Our clientele includes a mix of smart pole market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the China smart pole market , including forecasts for subscribers. This country databook contains high-level insights into China smart pole market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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China smart pole market size, by component, 2017-2030 (US$M)
China Smart Pole Market Outlook Share, 2023 & 2030 (US$M)
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