Global Solar Traffic Products Market 2017-2021

  • ID: 4380393
  • Report
  • Region: Global
  • 88 pages
  • TechNavio
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FEATURED COMPANIES

  • 3M
  • Covimed
  • Gemma Lighting
  • intelizon
  • LIGMAN Lighting
  • Philips Lighting
  • MORE
About Solar Traffic Products

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.

The analysts forecast the global solar traffic products market to grow at a CAGR of 15.62% during the period 2017-2021.

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
  • APAC
  • EMEA
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
  • Hi-MIN SOLAR
  • intelizon
  • Jinhua SunMaster Solar Technology
  • KCP Solar
  • LIGMAN Lighting
  • Mallatite
  • SHENZHEN SPARK OPTOELECTRONICS
  • ISOLAR LIGHTING
  • Solar Electric Power Company
  • SolarPath sun solutions
  • SolarWorld Americas
  • Su-Kam Power Systems
  • Sunna-Design
  • Urja Global Limited
  • YANGFA LIGHTING
Market drivers
  • Decline in LCOE of solar power generation
  • For a full, detailed list, view the full report
Market challenges
  • High capital cost of installation
  • For a full, detailed list, view the full report
Market trends
  • Development of smart cities
  • For a full, detailed list, view the full 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?
You can request one free hour of the analyst’s time when you purchase this market report. Details are provided within the report.
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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • 3M
  • Covimed
  • Gemma Lighting
  • intelizon
  • LIGMAN Lighting
  • Philips Lighting
  • MORE
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
  • APAC
  • Americas
  • EMEA
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
PART 12: Key vendor analysis
  • 3M
  • Carmanah Technologies
  • Omega Solar
  • Philips Lighting
  • Solar Street Lights USA
PART 13: Appendix
  • List of abbreviations
List of Exhibits
Exhibit 01: Energy mix in US 2012 and 2016
Exhibit 02: Decline in solar PV panel price 2012-2016 ($/watt)
Exhibit 03: Global solar traffic products market: Snapshot
Exhibit 04: Global solar traffic products market by product type 2016-2021
Exhibit 05: Typical solar street lighting system
Exhibit 06: Cost breakdown of a typical solar LED street light system
Exhibit 07: Typical solar traffic lighting system
Exhibit 08: Global solar traffic products market by geography 2016-2021
Exhibit 09: Global solar traffic products market overview
Exhibit 10: Global solar traffic products market 2016-2021 ($ millions)
Exhibit 11: Five forces analysis
Exhibit 12: Global solar traffic products market by product type 2016 and 2021 (%)
Exhibit 13: Global solar street lights market 2016-2021 ($ millions)
Exhibit 14: Cost structure for solar street lights CFL versus LED
Exhibit 15: Conventional street lighting versus Hybrid street lighting
Exhibit 16: Global solar street lights market by light source 2016 and 2021 (%)
Exhibit 17: Global solar traffic lights market: 2016-2021 ($ millions)
Exhibit 18: Global solar road studs market 2016-2021 ($ millions)
Exhibit 19: Global solar traffic products market by geography 2016 and 2021
Exhibit 20: Solar traffic products market in APAC 2016-2021 ($ millions)
Exhibit 21: Solar traffic products market in Americas 2016-2021 ($ millions)
Exhibit 22: Solar traffic products market in EMEA 2016-2021 ($ millions)
Exhibit 23: Some of the road developments in African countries
Exhibit 24: Global electricity generation by source and solar power generation share in global electricity generation 2012-2040
Exhibit 25: Economic evaluation of conventional street lights and solar street lights
Exhibit 26: Comparison of incandescent lights versus LED
Exhibit 27: Power generation pattern by 1kW solar module in a day
Exhibit 28: Manufacturing cost of LED 2016-2021 ($/Klm)
Exhibit 29: Other prominent vendors
Exhibit 30: 3M: Solar traffic products
Exhibit 31: Carmanah Technologies: Key applications
Exhibit 32: Carmanah Technologies: Product overview
Exhibit 33: Omega Solar: Key applications
Exhibit 34: Omega Solar: Product offerings
Exhibit 35: Philips Lighting: Key applications
Exhibit 36: Philips Lighting: Product offerings
Exhibit 37: Solar Street Lights USA: Key applications
Exhibit 38: Solar Street Lights USA: Product offerings
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • 3M
  • Covimed
  • Gemma Lighting
  • intelizon
  • LIGMAN Lighting
  • Philips Lighting
  • MORE
New Report Released: - Global Solar Traffic Products Market 2017-2021

The author of the report recognizes the following companies as the key players in the global solar traffic products market: 3M, Carmanah Technologies, Omega Solar, Philips Lighting, and Solar Street Lights USA.

Other Prominent Vendors in the market are: Ark Lighting, Commercial energy group limited, Covimed, Elecssol, Envoys, Gemma Lighting, Greenshine New Energy, Hi-MIN SOLAR, intelizon, Jinhua SunMaster Solar Technology, KCP Solar, LIGMAN Lighting, Mallatite, SHENZHEN SPARK OPTOELECTRONICS, ISOLAR LIGHTING, Solar Electric Power Company, SolarPath sun solutions, SolarWorld Americas, Su-Kam Power Systems, Sunna-Design, Urja Global Limited, AND YANGFA LIGHTING.

Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is Development of smart cities. A smart city is an urban development that integrates information technology (IT) and internet of things (IoT) in a secure manner, to the city's functions and assets. There are over 250 smart city projects across 178 countries, globally. The smart city projects are mainly concentrated in Europe, Asia-Pacific, North America, the Middle East and Africa, and Latin America.”

According to the report, one of the major drivers for this market is Decline in LCOE of solar power generation. The levelized cost of electricity (LCOE) is a comparative measure of the overall competitiveness of different energy generating technologies. It represents the per-kilowatt-hour cost (in discounted real dollars) of building and operating a generating plant over an assumed financial life and duty cycle. Technological advances in solar power generation including the increase in efficiency of solar PV panels and reduction in PV panel size, coupled with the decline in total installation cost have reduced the unit cost of power generation making solar power cost-competitive with power generated from fossil fuels.

Further, the report states that one of the major factors hindering the growth of this market is High capital cost of installation. The installation and functioning of solar thermal plants are capital intensive in nature. It is estimated that the capital cost of a solar power plant is three to five times higher than that of conventional fossil fuel plant of the same capacity. The operational costs for solar-based systems are lesser, owing to its non-dependence on other resources, apart from the sun. However, high capital costs of installation can offset the benefits due to reduced operational costs.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Note: Product cover images may vary from those shown
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  • 3M
  • Carmanah Technologies
  • Omega Solar
  • Philips Lighting
  • Solar Street Lights USA
  • Ark Lighting
  • Commercial energy group limited
  • Covimed
  • Elecssol
  • Envoys
  • Gemma Lighting
  • Greenshine New Energy
  • Hi-MIN SOLAR
  • intelizon
  • Jinhua SunMaster Solar Technology
  • KCP Solar
  • LIGMAN Lighting
  • Mallatite
  • SHENZHEN SPARK OPTOELECTRONICS
  • ISOLAR LIGHTING
  • Solar Electric Power Company
  • SolarPath sun solutions
  • SolarWorld Americas
  • Su-Kam Power Systems
  • Sunna-Design
  • Urja Global Limited
  • YANGFA LIGHTING
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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