Navigation Lighting Market By Type (Low light intensity, Medium light intensity, High light intensity), By End-User (Marine, Aerospace): Global Opportunity Analysis and Industry Forecast, 2021-2030
On watercraft, aircraft, and spacecraft, navigation lights are used as white or colored illumination equipment. They give visual signaling as well as awareness of craft and vessel condition, position, and direction, which is especially crucial during nighttime vehicle operation. Personnel on land, such as an aircraft controller, ground crew, marina yard manager, and marina yard crew can also see the position or movement of the boat using navigation lights. Running lights, nautical lanterns, and signaling lights are various terms for navigation lights. These navigation lights were first used in the United States in 1838, and subsequently in the United Kingdom in 1849. These guidelines were officially adopted internationally in 1897. The colors of the lights were standardized according to a set of standards enacted in the United Kingdom. Three colors were chosen based on this rule, green, red, and white. These three colors are still used in marine navigation illumination today.
The use of LED for manufacturing of navigation lights is gaining huge traction because of LEDs’ qualities such as energy efficient, last longer, durable, and provide better light quality when compared to other lights. LEDs emit light in only one direction, eliminating the need for reflectors and diffusers that trap light. LEDs are more efficient in many applications because of this property.
The main purpose of a navigation lighting system is to keep vehicles from colliding. Lights are essential for all types of vehicles, whether little or large, as part of their navigation system. Navigation lights are illuminating equipment that are installed on aircraft and maritime boats for the purpose of navigation.
The COVID-19 epidemic created a slew of uncertainties, resulting in significant financial losses for a variety of businesses. Lockdown limitations enforced by multiple governments, as well as travel restrictions imposed between different countries, have had a severe influence on the global navigation lighting business. The closure of seaports and airports, as well as closed borders and import-export bans, further impeded the supply of raw materials, affecting the navigation lighting industry negatively.
The key players profiled in this report include Glamox AS, Aveo Engineering Group, S.R.O., Hella Marine, Perko Inc., Lutron Electronics Co., Inc, Canepa & Campi, Den Haan Rotterdam, FAMOR S.A., and TRANBERG.
Key Benefits For Stakeholders
This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the navigation lighting market analysis from 2021 to 2030 to identify the prevailing navigation lighting market opportunities.
The market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the navigation lighting market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global navigation lighting market trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
By End-User
Marine
Aerospace
By Type
Low light intensity
Medium light intensity
High light intensity
By Region
North America
U.S.
Canada
Mexico
Europe
Germany
U.K.
France
Spain
Italy
Rest of Europe
Asia-Pacific
China
Japan
India
South Korea
Australia
Rest Of Asia Pacific
LAMEA
Brazil
Saudi Arabia
UAE
South Africa
Rest of LAMEA
Key Market Players
Glamox AS
Aveo Engineering Group, s.r.o.
Hella Marine
Perko Inc.
Vega Global
Lutron Electronics Co., Inc
Canepa & Campi
Den Haan Rotterdam
FAMOR S.A.
TRANBERG
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