Solar Traffic Products 2017 Global Market Expected to Grow at CAGR 15.62% and Forecast to 2021

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New York, NY -- (SBWIRE) -- 09/20/2017 -- The analysts forecast the global solar traffic products market to grow at a CAGR of 15.62% during the period 2017-2021.

Solar traffic lights or traffic blinkers are signaling devices powered by solar panels positioned at road intersections, pedestrian crossings, and other locations to control the flow of traffic. They assign the right of way to motorists by well-lit visual indication in the universal color code of red, amber/yellow, and green. Solar traffic lights are increasingly integrated with LED lamps owing to their properties and superiority over incandescent lamps. The PV panel converts the solar rays into electricity that illuminates the LED lamps installed in the traffic light.

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Covered in this report

The report covers the present scenario and the growth prospects of the global solar traffic products market for 2017-2021. To calculate the market size, the report considers the demand for solar traffic products.

The market is divided into the following segments based on geography:
- Americas

The report, Global Solar Traffic Products Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- 3M
- Carmanah Technologies
- Omega Solar
- Philips Lighting
- Solar Street Lights USA

Other prominent vendors
- Ark Lighting
- Commercial energy group limited
- Covimed
- Elecssol
- Envoys
- Gemma Lighting
- Greenshine New Energy
- intelizon
- Jinhua SunMaster Solar Technology
- KCP Solar
- LIGMAN Lighting
- Mallatite
- Solar Electric Power Company
- SolarPath sun solutions
- SolarWorld Americas
- Su-Kam Power Systems
- Sunna-Design
- Urja Global Limited

Market driver
- Decline in LCOE of solar power generation
- For a full, detailed list, view our report

Market challenge
- High capital cost of installation
- For a full, detailed list, view our report

Market trend
- Development of smart cities
- For a full, detailed list, view our report

Key questions answered in this report
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?

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Table Of Contents – Major Key Points

PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research Methodology

PART 04: Introduction
- Market outline

PART 05: Market landscape
- Market overview
- Market size and forecast
- Five forces analysis

PART 06: Market segmentation by product type
- Global solar traffic products market by product
- Solar street lights
- Solar traffic lights
- Solar road studs

PART 07: Geographical segmentation
- Overview
- Americas

PART 08: Decision framework

PART 09: Drivers and challenges
- Market drivers
- Market challenges

PART 10: Market trends
- Development of smart cities
- Evolving technologies for PV panels
- Declining manufacturing cost of LEDs

PART 11: Vendor landscape
- Competitive scenario
- Other prominent vendors


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