According to CTIA’s prediction, the market scale of various hardware and services imported by smart light poles in China may be 3.7 trillion yuan in 2021, accounting for 20% of the total market scale of smart cities, and is expected to show a significant growth during the 14th Five Year Plan period.
China’s first national standard for smart light poles is about to be implemented
It is reported that the first national standard of China’s smart light pole industry, “smart city smart multi-function pole service function and operation management specification”, will be officially implemented from March 1, 2022. The release of the standard not only meets the needs of industrial development and unifies the application and operation specifications of smart light poles, but also provides an effective basis for later management integration and multi pole integration.
The standard is applicable to multifunctional poles of public facilities such as urban roads, highways, highways, squares, parks and courtyards. It specifies the classification, general requirements, design requirements, layout requirements, functional requirements, safety requirements and operation service requirements of poles, and fills the gap of multifunctional poles in national standards, It will further promote “multi pole integration and multi-purpose”, promote the development of multi-functional pole industry, provide important support for building IOT sensing network and building a digital base of a new smart city, promote the development of digital economy, help the construction of digital government, promote digital transformation and lead a new digital life.
the penetration rate of smart lamp posts has increased rapidly
ushered in a new outlet during the 14th Five Year Plan Period
The number of street lamps for urban lighting is huge. According to the data of the National Bureau of statistics, the number of urban road lamps in China has increased from 17.74 million in 2010 to 30.49 million in 2020. Superimposed on the new urban roads, the resulting addition and replacement of street lamps will reach a very considerable number every year.
Smart light pole is an essential part of smart city construction. Smart light pole is not equal to simple “multi pole integration”. It is more like a platform solution and a “capillary” for the future development of smart city. The smart light pole industry sprouted in 2018, started in 2019 and increased in 2020, with an overall exponential growth.
from 2014 to 2018, the penetration rate of smart light poles in the annual new urban lighting street lamps increased from 0.0022% to 0.0475%. It is expected that the total number of smart light poles will reach 150700 in 2021. 5g, new infrastructure and smart city have been accelerated in an all-round way. The multi-functional smart pole has ushered in a new outlet and has a broad market space in the world. According to CTIA’s prediction, the market scale of various hardware and services imported by smart light poles in China may be 3.7 trillion yuan in 2021, accounting for 20% of the total market scale of smart cities, and is expected to show a significant growth during the 14th Five Year Plan period.
According to the report data of “2020-2024 global smart rod Market” released by technavio, in 2019, the scale of global smart rod market was about US $5.75 billion; From 2020 to 2024, the global smart rod market will grow by US $7.97 billion to about US $13.72 billion, with a compound annual growth rate of 19%.
smart street lamp concept faucet two connecting sectors
5 stock market earnings ratio is less than 30 times
Statistics show that there are 19 listed companies involved in the smart light pole business, and the market value of A-Shares of these companies is generally less than 10 billion. On February 18, smart light pole concept stocks rose on a large scale, Shenzhen Urban Transport Planning Center Co.Ltd(301091) closed the daily limit of 20%, and Sichuan Huati Lighting Technology Co.Ltd(603679) , Shenzhen Minkave Technology Co.Ltd(300506) , Hes Technology Group Co.Ltd(002963) , Tecnon (Fujian) Commercial Lighting Co.Ltd(300650) , Shenzhen Exc-Led Technology Co.Ltd(300889) rose by more than 3%. Sichuan Huati Lighting Technology Co.Ltd(603679) the daily limit was closed in the morning, which was the second daily limit for its continuous harvest, and the latest price hit a new high in the year
Sichuan Huati Lighting Technology Co.Ltd(603679) in recent years, the company has focused on the technical R & D and manufacturing in the field of smart street lamps. The company has deployed and connected 2539 “smart trees” around the core competition area of the Winter Olympic Games. At present, the company has been successfully applied in smart street lamp operation and management projects in xiongan new area, Shenzhen, Wuhan, Changsha, Chengdu, Zhangjiakou and other cities.
Shenzhen Exc-Led Technology Co.Ltd(300889) focuses on the field of landscape lighting. The company said on the interactive platform on January 19 that the company’s smart street lamp cloud control platform is based on the smart lighting function and integrates the functions of mobile communication, environmental perception, video monitoring, charging of new energy vehicles, public facilities management and so on, providing intelligent management and application of the daily operation of smart street lamps.
Shenzhen Minkave Technology Co.Ltd(300506) in terms of smart lighting construction, it has formed three sub businesses: smart lighting engineering construction, smart street lamp system cloud platform and smart street lamp big data operation, continuously built a smart city and smart pole ecological chain, and vigorously promoted the realization of smart city functions and Application scenarios.
Dongguan Kingsun Optoelectronic Co.Ltd(002638) has focused on the application of LED lighting for more than 20 years. The “outdoor smart city management system based on smart lamp posts and street lamps” has been successfully implemented in the smart street lamp project of Nanchang new city in Jiangxi Province, the smart landscape lighting project of Guiyang Binhe River, the smart city project of Yuhua area in Xi’an high tech Zone, Shaoguan smart street lamps and other projects.
According to data treasure statistics, from the latest performance forecast, the net profit of four smart street lamp concept stocks in 2021 is expected to increase year-on-year, which are Tecnon (Fujian) Commercial Lighting Co.Ltd(300650) , Guochuang Software Co.Ltd(300520) , Szzt Electronics Co.Ltd(002197) , Unilumin Group Co.Ltd(300232) . Tecnon (Fujian) Commercial Lighting Co.Ltd(300650) the growth rate of net profit is expected to be the highest. The company expects the net profit to be 118 million yuan to 153 million yuan in 2021, with a year-on-year increase of 343.59% to 476.66%.
From the valuation level, as of the closing on February 18, Opple Lighting Co.Ltd(603515) , Sunfly Intelligent Technology Co.Ltd(300423) , Hengdian Group Tospo Lighting Co.Ltd(603303) , Warom Technology Incorporated Company(603855) , Tecnon (Fujian) Commercial Lighting Co.Ltd(300650) and other five shares had a rolling P / E ratio of less than 30 times.
