Latest Renovation : Solar Traffic Products Market Globally Grow at a CAGR of 15.62% by Revenue During the Forecast Period 2018-2021

ResearchMoz presents professional and in-depth study of "Global Solar Traffic Products Market 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.

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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.

Technavios 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:

Technavio's 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.

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Key vendors
Carmanah Technologies
Omega Solar
Philips Lighting
Solar Street Lights USA

Other prominent vendors
Ark Lighting
Commercial energy group limited
Gemma Lighting
Greenshine New Energy
Jinhua SunMaster Solar Technology
KCP Solar
LIGMAN Lighting
Solar Electric Power Company
SolarPath sun solutions
SolarWorld Americas
Su-Kam Power Systems
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

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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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