Solar Traffic Products - Global Market Outlook (2017-2023)

Solar Traffic Products - Global Market Outlook (2017-2023)

  • Published: September 2017
  • ID: SMRC16717

According to Stratistics MRC,the Global Solar Traffic Products Market is expected to grow at a CAGR of 20.5% during the forecast period 2016 to 2023. The market is driven by increase in government support, introduction of energy-efficient lighting technologies, emergence of smart cities, decreasing price of lighting units and evolving technologies for PV panels. On the other hand, high capital cost of installation is inhibiting the market growth. Further, absence of global LED standardization and competition from counterfeit products pose challenge to the market.

Solar Traffic Lights will grow significantly as such these are increasingly integrated with LED lamps owing to their properties and superiority over incandescent lamps. Solar Street Lights are anticipated to grow remarkably as Government initiatives on energy conservation and resource management have increased the adoption of LEDs over traditional luminaries. Solar street lightings are renewable sources which generates electricity with the help of PV panels mounted on lighting structure itself. Government programme such as net metering and feed in tariff (FIT) will boost the demand for grid connected solar street lighting system in the near term. For instance, SunPower acquired Cogenra (both United States) to build a new line of modules to tap into markets in Africa, China and India.

Asia Pacific is projected to be the major revenue generator to the market throughout the forecast period. The government incentives on the use of energy-efficient lights in countries such as India and China, Japan, South Korea, and Taiwan will drive the market growth in the region. Developing countries may have a latecomer advantage in exploiting eco innovation and green solutions. In the United States, renewable energy investment (dominated largely by solar power) increased by 19% to USD 44.1 billion, the country’s largest increase in dollar terms since 2011. Funding for emerging markets increased with the creation of innovative financial instruments for the African market and with the increase in financing of companies.

Uruguay generated 92.8% and Chile has quickly surpassed several long-term targets. Latin America remained one of the fastest growing markets for solar PV in 2015. IFC manages country programs jointly with the World Bank in several African countries through the Lighting Africa program. IFC also manages programs in India and Papua New Guinea through the Lighting Asia program, and is developing new country programs in Bangladesh, Pakistan and Indonesia.

The key players in Global Solar Traffic Products market are 3M, Carmanah Technologies, Omega Solar, Philips Lighting, Solar Street Lights USA, Solar Electric Power Company, SolarPath sun solutions, SolarWorld Americas, Su-Kam Power Systems, Sunna-Design, Urja Global Limited, Jinhua SunMaster Solar Technology, KCP Solar and LIGMAN Lighting.

 Products Covered:
• Solar Traffic Lights
• Solar Road Studs
• Solar Street Lights

Regions Covered:

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • Italy
    • France
    • Spain
    • Rest of Europe
  • Asia Pacific
    • Japan       
    • China       
    • India       
    • Australia 
    • New Zealand     
    • South Korea      
    • Rest of Asia Pacific   
  • South America
    • Argentina
    • Brazil
    • Chile
    • Rest of South America
  • Middle East & Africa
    • Saudi Arabia
    • UAE
    • Qatar
    • South Africa
    • Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

1 Executive Summary      
        
2 Preface 
      
 2.1 Abstract      
 2.2 Stake Holders     
 2.3 Research Scope     
 2.4 Research Methodology    
  2.4.1 Data Mining    
  2.4.2 Data Analysis    
  2.4.3 Data Validation    
  2.4.4 Research Approach    
 2.5 Research Sources     
  2.5.1 Primary Research Sources   
  2.5.2 Secondary Research Sources   
  2.5.3 Assumptions    
        
3 Market Trend Analysis     
 3.1 Introduction     
 3.2 Drivers      
 3.3 Restraints     
 3.4 Opportunities     
 3.5 Threats      
 3.6 Product Analysis     
 3.7 Emerging Markets     
 3.8 Futuristic Market Scenario    
        
4 Porters Five Force Analysis     
 4.1 Bargaining power of suppliers    
 4.2 Bargaining power of buyers    
 4.3 Threat of substitutes    
 4.4 Threat of new entrants    
 4.5 Competitive rivalry     
        
5 Global Solar Traffic Products Market, By Product   
 5.1 Introduction     
 5.2 Solar Traffic Lights     
 5.3 Solar Road Studs     
 5.4 Solar Street Lights     
        
6 Global Solar Traffic Products Market, By Geography   
 6.1 Introduction     
 6.2 North America     
  6.2.1 US     
  6.2.2 Canada     
  6.2.3 Mexico     
 6.3 Europe      
  6.3.1 Germany     
  6.3.2 UK     
  6.3.3 Italy     
  6.3.4 France     
  6.3.5 Spain     
  6.3.6 Rest of Europe    
 6.4 Asia Pacific     
  6.4.1 Japan     
  6.4.2 China     
  6.4.3 India     
  6.4.4 Australia     
  6.4.5 New Zealand    
  6.4.6 South Korea    
  6.4.7 Rest of Asia Pacific    
 6.5 South America     
  6.5.1 Argentina    
  6.5.2 Brazil     
  6.5.3 Chile     
  6.5.4 Rest of South America   
 6.6 Middle East & Africa    
  6.6.1 Saudi Arabia    
  6.6.2 UAE     
  6.6.3 Qatar     
  6.6.4 South Africa    
  6.6.5 Rest of Middle East & Africa   
        
7 Key Developments      
 7.1 Agreements, Partnerships, Collaborations and Joint Ventures 
 7.2 Acquisitions & Mergers    
 7.3 New Product Launch    
 7.4 Expansions     
 7.5 Other Key Strategies    
        
8 Company Profiling      
 8.1 3M       
 8.2 Carmanah Technologies     
 8.3 Omega Solar      
 8.4 Philips Lighting      
 8.5 Solar Street Lights USA    
 8.6 Solar Electric Power Company     
 8.7 SolarPath sun solutions     
 8.8 SolarWorld Americas     
 8.9 Su-Kam Power Systems     
 8.10 Sunna-Design      
 8.11 Urja Global Limited     
 8.12 Jinhua SunMaster Solar Technology    
 8.13 KCP Solar      
 8.14 LIGMAN Lighting   


List of Tables        
1 Global Solar Traffic Products Market Outlook, By Region (2014-2023) ($MN)
2 Global Solar Traffic Products Market Outlook, By Product (2014-2023) ($MN)
3 Global Solar Traffic Products Market Outlook, By Solar Traffic Lights (2014-2023) ($MN)
4 Global Solar Traffic Products Market Outlook, By Solar Road Studs (2014-2023) ($MN)
5 Global Solar Traffic Products Market Outlook, By Solar Street Lights (2014-2023) ($MN)
6 North America Solar Traffic Products Market Outlook, By Country (2014-2023) ($MN)
7 North America Solar Traffic Products Market Outlook, By Product (2014-2023) ($MN)
8 North America Solar Traffic Products Market Outlook, By Solar Traffic Lights (2014-2023) ($MN)
9 North America Solar Traffic Products Market Outlook, By Solar Road Studs (2014-2023) ($MN)
10 North America Solar Traffic Products Market Outlook, By Solar Street Lights (2014-2023) ($MN)
11 Europe Solar Traffic Products Market Outlook, By Country (2014-2023) ($MN)
12 Europe Solar Traffic Products Market Outlook, By Product (2014-2023) ($MN)
13 Europe Solar Traffic Products Market Outlook, By Solar Traffic Lights (2014-2023) ($MN)
14 Europe Solar Traffic Products Market Outlook, By Solar Road Studs (2014-2023) ($MN)
15 Europe Solar Traffic Products Market Outlook, By Solar Street Lights (2014-2023) ($MN)
16 Asia Pacific Solar Traffic Products Market Outlook, By Country (2014-2023) ($MN)
17 Asia Pacific Solar Traffic Products Market Outlook, By Product (2014-2023) ($MN)
18 Asia Pacific Solar Traffic Products Market Outlook, By Solar Traffic Lights (2014-2023) ($MN)
19 Asia Pacific Solar Traffic Products Market Outlook, By Solar Road Studs (2014-2023) ($MN)
20 Asia Pacific Solar Traffic Products Market Outlook, By Solar Street Lights (2014-2023) ($MN)
21 South America Solar Traffic Products Market Outlook, By Country (2014-2023) ($MN)
22 South America Solar Traffic Products Market Outlook, By Product (2014-2023) ($MN)
23 South America Solar Traffic Products Market Outlook, By Solar Traffic Lights (2014-2023) ($MN)
24 South America Solar Traffic Products Market Outlook, By Solar Road Studs (2014-2023) ($MN)
25 South America Solar Traffic Products Market Outlook, By Solar Street Lights (2014-2023) ($MN)
26 Middle East & Africa Solar Traffic Products Market Outlook, By Country (2014-2023) ($MN)
27 Middle East & Africa Solar Traffic Products Market Outlook, By Product (2014-2023) ($MN)
28 Middle East & Africa Solar Traffic Products Market Outlook, By Solar Traffic Lights (2014-2023) ($MN)
29 Middle East & Africa Solar Traffic Products Market Outlook, By Solar Road Studs (2014-2023) ($MN)
30 Middle East & Africa Solar Traffic Products Market Outlook, By Solar Street Lights (2014-2023) ($MN)

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