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Global White Oil Market Research Report:
The latest report by IMARC, titled “ White Oil Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028” finds that the global smart pole market is anticipated to exhibit a CAGR of 17.1% during . Smart poles are lighting systems incorporated with sensors, wireless connectivity (Wi-Fi or cellular technology), and additional features to support the development of an intelligent environment. They are used to measure particulate emissions and display targeted advertisements. They can also host mobile broadband small cells, public Wi-Fi access points, and antennas to meet 5G densification requirements. Their faults can be detected remotely, eliminating the need for physical examination. They include inbuilt surveillance systems connected to centralized command and control centers to provide real-time data. As a result, smart poles find extensive applications as electric vehicle (EV) charging stations and can be equipped with cameras for monitoring accidents, criminal activity, illegal parking, and weather information across the globe.
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Global White Oil Market Trends :
The rising focus on smart city development represents one of the key factors driving market growth. Moreover, the increasing need for wireless connectivity and cellular network densification for the proper functioning of smartphones and the Internet of Things (IoT) sensors has augmented the product demand. Besides this, the rising use of smart poles to help authorities regulate vehicle parking and traffic management due to the increasing adoption of automated vehicles is another major growth-inducing factor. Additionally, the shifting focus of governments of numerous countries toward upgrading the existing city infrastructure to intelligent, connected areas is positively influencing market growth. Besides this, the escalating product adoption to improve mobile networks and deliver 5G wireless connectivity has catalyzed market growth. Apart from this, the increasing use of smart poles to monitor air quality, alert officials about street floods, enhance community safety, and support Wi-Fi services and numerous payment platforms is contributing to the market growth. Furthermore, the escalating need for better traffic and air quality management across various cities due to the growing traffic congestion and environmental concerns is driving the demand for smart poles. Other factors, including favorable government policies, rapid urbanization, technological innovations, and rising investments in infrastructure development, are also anticipated to provide a positive impact on market growth.
Looking forward, the market value is projected to reach a strong growth during the forecast period (2023-2028).
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Market Summary:
Breakup by Application:
• Adhesive
• Agriculture
• Food
• Pharmaceutical
• Personal Care
• Textile
• Polymers
• Others
Breakup by Region:
• North America
• United States
• Canada
• Asia-Pacific
• China
• Japan
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• India
• South Korea
• Australia
• Indonesia
• Others
• Europe
• Germany
• France
• United Kingdom
• Italy
• Spain
• Russia
• Others
• Latin America
• Brazil
• Mexico
• Others
• Middle East and Africa
Note: We are updating our reports, If you want latest primary and secondary data (2023-2028) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report.
Competitive Landscape with Key Players:
Calumet Specialty Products Partners L.P.
China Petroleum & Chemical Corporation
ExxonMobil Corporation
H&R GmbH & Co. KGaA
Nynas AB
Petro-Canada Lubricants Inc. (Hollyfrontier Corporation)
Renkert Oil Inc.
Royal Dutch Shell Plc
Sasol Limited
Savita Oil Technologies Limited
• Total SE
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