New infrastructure drives demand for smart pole construction; 2020 smart streetlight market size forecast

In 2019, China launched commercial 5G services, triggering a construction boom across many regions. From the Xiong'an New Area to the Shenzhen Special Economic Zone, and from Guangzhou to Tianjin, Shanghai, and Chengdu, localities are actively advancing 5G base station planning and smart pole deployment.

Since 2020, the national government has introduced the "New Infrastructure" development policy, accelerating the construction of 5G base stations in many regions. As the most feasible and cost-effective high-quality carrier for current 5G base station deployment, smart light poles have received strong policy support in many areas.

Currently, over ten provinces and cities including Hunan, Shandong, Tianjin, and Henan have successively introduced policies explicitly stating they will accelerate smart streetlight construction projects. Under the national strategic development and the wave of new infrastructure, smart streetlights serve as intensive, efficient, and environmentally friendly hardware platforms for 5G base stations, new energy vehicle charging piles, and the Internet of Things. As widely distributed "neural network elements" of smart cities and artificial intelligence, China's infrastructure construction, including smart streetlights, will enter a brand-new development stage in 2020.

According to authoritative data, more than 1,000 smart cities have been launched or are under construction worldwide, with China leading the way with 500 pilot cities. This demonstrates the rapid development of smart cities in China. Amid the wave of smart city construction, smart streetlights are blossoming across the country. In 2019, the market size of China's smart streetlight industry exceeded RMB 20 billion. At this pace, it is predicted that by 2022, the market size will surpass RMB 100 billion.

Future Development Trends in the Smart Streetlight Industry

1. Continuous policy optimization drives industry development

With the widespread application of new-generation information technologies such as the Internet of Things, big data, cloud computing, and artificial intelligence, smart cities have become an inevitable trend.

In recent years, new smart city policies have been frequently introduced, sparking a wave of smart city construction in many cities across China. The government has issued a series of policy measures to promote smart city development. As an important component of smart city infrastructure, smart streetlights are expected to benefit from continued policy optimization driving the industry's growth.

2. Continuous advancement of urbanization rate and accelerated construction

In recent years, China's urbanization process has advanced rapidly, with the urbanization rate steadily increasing from 50% in 2010 to 60.6% in 2019. Against the backdrop of rapid urbanization, national investment in municipal infrastructure such as road lighting will continue to grow. In particular, the proposal of "New Infrastructure" in 2020 has sparked a new wave of urban construction, from which the urban lighting industry will continue to benefit and maintain rapid growth.

3.5G Accelerates Industry Development

As artificial intelligence technology matures further, future enterprises' commercial application capabilities will become a key factor in capital assessment. 2019 marked the first year of 5G commercial deployment. With the gradual arrival of the 5G commercial era, the connection efficiency of AI technology will continue to improve. Deep learning, data mining, automatic programming, and other fields will be implemented in more application areas, and 5G will further accelerate industry development.

4. Multi-functional smart streetlights are the trend for future development

Multifunctional (smart) street lights are actually carriers for information collection, processing, and dissemination. Multifunctional street lights can help cities save land use, integrate resource utilization, and enhance the city's image. Meanwhile, modular standardization, diverse styles, and professional configuration represent the future development direction of multifunctional street lights.

Regarding the topics of new infrastructure and smart light poles, the editor recommends the keynote share by Mr. Fu Dongsheng, founder of Shenzhen Miracle Smart Network Co., Ltd. — "New Infrastructure Drives Explosive Growth of Smart Shared Poles"; as well as the keynote share by Dr. Zhou Ti, co-founder of Huiguang Zhicheng (Shenzhen) Smart Technology Co., Ltd. — "New Opportunities for Smart Light Poles Under the New Infrastructure Trend".

Full Course Video

Long-press the QR code below to watch the replay on Ming Classroom:

△ Fu Dongsheng: New Infrastructure Drives Explosive Growth of Smart Shared Poles

△ Zhou Ti: New Opportunities for Smart Street Lights Under the New Infrastructure Trend