DUBLIN--(BUSINESS WIRE)--Aug 21, 2018--The "Global Road Stud and Delineator Market 2018-2022" report has been added to ResearchAndMarkets.com's offering.

The global road stud & delineator market is expected to grow at a CAGR of 5.47% during the period 2018-2022.

There is an increasing demand for solar road studs on city roads, highways, construction sites, railway platforms and airports due to their self-charging capability, improved visibility, and excellent durability. Vendors are focusing on development of solar road studs to fulfill this growing demand.

Solar road studs emit minimum scattering light, which makes them visible at a distance over 900 meters in clear weather conditions thus giving drivers more time to react than offered by conventional road studs. Therefore, development of solar road studs will be a key trend fueling growth of the road stud and delineator market during the next five years.

According to the report, one of the major drivers for this market is the growing incidence of road accidents caused due to the lack of infrastructure facilities and proper road safety equipment. A study conducted by International Transport Forum (ITF), in 2015, estimated that 1.3-1.5 million deaths occur every year due to road crashes across the world.

The US witnessed the highest number of road accidents followed by Japan, India, Germany, Korea and China according to a report released by the same organization recently. This has led governments to launch road safety initiatives and invest heavily on road safety equipment such as traffic cones, delineators, road studs, barricades and channelizers, thus driving growth of the market under study.

Market Trends

Development of Solar Road Studs Superior Performance & Features of Road Delineators Emergence of Smart Cities

Key Vendors

3M Lindsay Corporation Nucor Plasticade ThreeD Plastics Valmont Industries

Key Topics Covered

1. Executive Summary

2. Scope of the Report

3. Research Methodology

4. Market Landscape

5. Market Sizing

6. Five Forces Analysis

7. Market Segmentation by Product

8. Customer Landscape

9. Regional Landscape

10. Decision Framework

11. Drivers and Challenges

12. Market Trends

13. Vendor Landscape

14. Vendor Analysis

For more information about this report visit https://www.researchandmarkets.com/research/dk2ww2/the_global_road?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20180821005298/en/

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Related Topics:Road Construction Equipment



SOURCE: Research and Markets

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PUB: 08/21/2018 06:02 AM/DISC: 08/21/2018 06:02 AM