Smart light poles light up the 100 billion market

In 2019, the global smart pole market will be around 5.75 billion U.S. dollars. From 2020 to 2024, the global smart pole market will increase by 7.97 billion U.S. dollars to about 13.72 billion U.S. dollars, with a compound annual growth rate of 19%.

Smart light poles light up the 100 billion market

Specific to the domestic market, the number of light poles in my country in 2019 (National Bureau of Statistics) is more than ten times the number of communication towers in the country, and the scale of superimposed security and traffic poles is even more amazing. According to the forecast of the China Commercial Industry Research Institute, by 2022, the market size of my country’s smart light pole industry is expected to exceed 100 billion RMB.

With the introduction of relevant incentive policies, the smart light pole industry will accelerate and develop healthily, and my country’s smart light pole industry may achieve breakthrough growth in the next two to three years. So, where are the investment opportunities in the smart light pole industry?

1. Smart city top-level design company or general engineering contracting company: such as Huawei, Alibaba, Tencent, Haikang, Dahua, Qindian, etc.

2. Smart pole operating companies (including the State Grid, Tower, and other companies themselves): Some smart pole operating companies are led by the government, and another part of the smart pole companies are established by large state-owned enterprises such as State Grid and Tower. In order to improve the operating efficiency of the company, some Smart pole companies will also introduce private capital.

3. Pole body, security equipment, display screen, charging pile, and other equipment suppliers: Haikang, Dahua, Huati Technology, Sunsea Intelligent, Leyard, Unilumin Technology, and other companies cut from different angles such as security, pole body, lighting, etc. Smart pole industry chain; Huawei develops smart pole applications and promotes the management of urban sensors through the Ocean Connect open platform.