Lighting Sub-Segment
Among the various market segments, the lighting sub-segment is witnessing significant growth in the smart poles market. Smart lighting poles offer advanced features such as motion sensing, automatic dimming, and energy-efficient LED lights. These poles not only enhance visibility but also contribute to energy conservation and cost reduction. The smart lighting sub-segment is widely adopted in urban areas for street lighting purposes.
The smart poles market is highly competitive with several key players leading the industry. Some of the prominent market players include:
1. Philips Lighting Holding B.V.
2. General Electric Company
3. Hubbell Incorporated
4. Acuity Brands Lighting, Inc.
5. Eaton Corporation
These market players are focusing on technological advancements and strategic collaborations to strengthen their market position. They also emphasize product innovation to offer efficient and cost-effective smart poles, thereby catering to the evolving needs of smart cities and urban infrastructure development.