The global demand for Outdoor Lighting Pole Market is presumed to reach the market size of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% under the study period 2022 - 2028.
Outdoor Lighting Pole refers to the type of lighting used in the streets, footpaths, parking areas etc. It is a good source of lighting outdoors. This type of light structure includes a pole with an attached light source, which comprises the base plate and the vertical tube. The light is bolted to the tube while the base part is attached to the ground with concrete materials. Typical examples are streetlights, streetlamps, lampposts etc. They provide safety at night by increasing visibility, thus preventing accidents, protecting people from road robbery, and helping beautify the place.
Market Dynamics
The growing demand for LED lights in the outdoors has increased the demand for outdoor lighting poles in the market. Moreover, their role in preventing accidents and managing traffic on the road, their energy-efficient nature, and growing focus on the coming of smart cities have driven the market during the forecast period. Apart from this, the introduction of smart poles integrated with surveillance cameras and air quality monitoring added to the growth. The hardware segment registered the highest growth in the last year, though the service sector is likely to dominate the market in the projection period. The key players are striving toward research and development, innovative product development and partnerships to sustain in the market.
The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of outdoor lighting pole. The growth and trends of outdoor lighting pole industry provide a holistic approach to this study.
Market Segmentation
This section of the outdoor lighting pole market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Application
- Street Lighting
- Square Lighting
- Other
By Product
- Aluminum Rods
- Steel Bars
- Fiberglass Rods
- Concrete Masts
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Outdoor Lighting Pole market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Outdoor Lighting Pole Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the outdoor lighting pole market include Eat, Electricity (GE), Lithonia Lighting (lighting from Acuity brands), Sentry Electric,. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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