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21:28 | 15.08.2018
Global Road Stud and Delineator Market 2018-2022 | Increasing Incidence of Road Accidents Boosts Growth | Technavio

The global road stud and delineator market is expected to post a CAGR of
over 5% during the period 2018-2022, according to the latest
market research report by Technavio.

This press release features multimedia. View the full release here:
https://www.businesswire.com/news/home/20180815005665/en/
Technavio has published a new market research report on the global road stud and delineator market from 2018-2022. (Graphic: Business Wire)
A key factor driving the growth of the market is the increasing
incidence of road accidents. A major number of road accidents occur
because of human errors such as over speeding, drunk driving, and
non-compliance and adherence to traffic rules. Additionally, poor
infrastructure facilities and lack of implementation of proper road
safety equipment and devices are other main causes of road accidents.

This market research report on the global
road stud and delineator market 2018-2022 also provides an
analysis of the most important trends expected to impact the market
outlook during the forecast period. Technavio classifies an emerging
trend as a major factor that has the potential to significantly impact
the market and contribute to its growth or decline.
This report is available at a USD 1,000 discount for a limited time
only:View
market snapshot before purchasing
In this report, Technavio highlights the development of solar road studs
as one of the key emerging trends in the global road stud and delineator
market
Global road stud and delineator market:
Development of solar road studs
The demand for solar-powered road studs, which ensure passenger safety
on city roads, highways, construction sites, railway platforms, and
airports is increasing continuously. Solar road studs are solar-powered
LED studs, which are mainly used during construction activities to
demarcate road edges and center lines.
“One of the important features of solar studs is that it emits a
minimum scattering light, making it visible even at 900 meters under
clear weather conditions. Solar studs offer 10 times the visual range
over conventional road studs. Thus, vendors are concentrating on
continuous R&D activities on LED-based traffic safety equipment,” says
a senior analyst at Technavio for research on construction.
Global road stud and delineator market:
Segmentation analysis
This market research report segments the global road stud and delineator
market by product (road stud and road delineator) and geography (APAC,
EMEA, and the Americas).

The road stud segment held the largest market share in 2017, accounting
for nearly 69% of the market. This product segment is expected to
dominate the global market throughout the forecast period.

The Americas led the market in 2017 with close to 39% of the market
share, followed by APAC and EMEA respectively. APAC is expected to
witness the fastest growth during the forecast period.
Looking for more information on this market?Request
a free sample reportTechnavio’s sample reports are free of charge and contain multiple
sections of the report such as the market size and forecast, drivers,
challenges, trends, and more.Some of the key topics covered in the report include:Market Landscape
Market ecosystem

Market characteristics

Market segmentation analysis
Market Sizing
Market definition

Market size and forecast
Five Forces AnalysisMarket SegmentationGeographical Segmentation
Regional comparison

Key leading countries
Market DriversMarket ChallengesMarket TrendsVendor Landscape
Vendors covered

Vendor classification

Market positioning of vendors

Competitive scenario
About TechnavioTechnavio
is a leading global technology research and advisory company. Their
research and analysis focuses on emerging market trends and provides
actionable insights to help businesses identify market opportunities and
develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists
of more than 10,000 reports and counting, covering 800 technologies,
spanning across 50 countries. Their client base consists of enterprises
of all sizes, including more than 100 Fortune 500 companies. This
growing client base relies on Technavio’s comprehensive coverage,
extensive research, and actionable market insights to identify
opportunities in existing and potential markets and assess their
competitive positions within changing market scenarios.

If you are interested in more information, please contact our media team
at media@technavio.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20180815005665/en/


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