Obstruction Lighting Market Report: Trends, Forecast and Competitive Analysis to 2030

Obstruction Lighting Market Report: Trends, Forecast and Competitive Analysis to 2030

Obstruction Lighting Trends and Forecast

The future of the global obstruction lighting market looks promising with opportunities in the high building and tower, airport, and cranes & infrastructure markets. The global obstruction lighting market is expected to reach an estimated $1.9 billion by 2030 with a CAGR of 8.3% from 2024 to 2030. The major drivers for this market are governments worldwide are implementing stricter regulations requiring obstruction lighting for various structures, including buildings, towers, wind turbines, and communication masts, rapid growth of cities and infrastructure projects globally, as well as, increased awareness of aviation safety issues and the potential consequences of collisions with unlit obstacles.

A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.

Obstruction Lighting by Segment

The study includes a forecast for the global obstruction lighting by type, application, and region.

Obstruction Lighting Market by Type [Shipment Analysis by Value from 2018 to 2030]:

• LED Lights
• Incandescent Lights
• Others

Obstruction Lighting Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• High Buildings And Towers
• Airports
• Cranes & Infrastructures
• Others

Obstruction Lighting Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Obstruction Lighting Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies obstruction lighting companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the obstruction lighting companies profiled in this report include-

• Hughey & Phillips
• Dialight
• TWR Lighting
• International Tower Lighting
• Flash Technology
• Copper Industries
• Unimar
• Avlite
• Excelitas Technologies
• Hubbell Industrial

Obstruction Lighting

Lucintel forecasts that LED light is expected to witness the higher growth over the forecast period because they often have two to three times more luminous efficacies than traditional mercury vapor lamps, which have a very poor efficacy of 15 lumens per watt (lm/W) and LED obstruction lights are the favored option owing to their lower power consumption.

North America will remain the largest region over the forecast period because of development of airports, rising construction industry, growing infrastructural projects, and increase in funding for these projects by government bodies.

Features of the Global Obstruction Lighting Market

Market Size Estimates: Obstruction lighting market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Obstruction lighting market size by type, application, and region in terms of value ($B).

Regional Analysis: Obstruction lighting market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different type, application, and regions for the obstruction lighting market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the obstruction lighting market.

Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQ

Q1. What is the obstruction lighting market size?

Answer: The global obstruction lighting market is expected to reach an estimated $1.9 billion by 2030.

Q2. What is the growth forecast for obstruction lighting market?

Answer: The global obstruction lighting market is expected to grow with a CAGR of 8.3% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the obstruction lighting market?

Answer: The major drivers for this market are governments worldwide are implementing stricter regulations requiring obstruction lighting for various structures, including buildings, towers, wind turbines, and communication masts, rapid growth of cities and infrastructure projects globally, as well as, increased awareness of aviation safety issues and the potential consequences of collisions with unlit obstacles.

Q4. What are the major segments for obstruction lighting market?

Answer: The future of the global obstruction lighting market looks promising with opportunities in the high building and tower, airport, and cranes & infrastructure markets.

Q5. Who are the key obstruction lighting market companies?

Answer: Some of the key obstruction lighting companies are as follows:

• Hughey & Phillips
• Dialight
• TWR Lighting
• International Tower Lighting
• Flash Technology
• Copper Industries
• Unimar
• Avlite
• Excelitas Technologies
• Hubbell Industrial

Q6. Which obstruction lighting market segment will be the largest in future?

Answer: Lucintel forecasts that LED light is expected to witness the higher growth over the forecast period because they often have two to three times more luminous efficacies than traditional mercury vapor lamps, which have a very poor efficacy of 15 lumens per watt (lm/W) and LED obstruction lights are the favored option owing to their lower power consumption.

Q7. In obstruction lighting market, which region is expected to be the largest in next 5 years?

Answer: North America will remain the largest region over the forecast period because of development of airports, rising construction industry, growing infrastructural projects, and increase in funding for these projects by government bodies.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

Q.1. What are some of the most promising, high-growth opportunities for the obstruction lighting market by type (LED lights, incandescent lights, and others), application (high buildings and towers, airports, cranes & infrastructures, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2. Which segments will grow at a faster pace and why?

Q.3. Which region will grow at a faster pace and why?

Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?

Q.5. What are the business risks and competitive threats in this market?

Q.6. What are the emerging trends in this market and the reasons behind them?

Q.7. What are some of the changing demands of customers in the market?

Q.8. What are the new developments in the market? Which companies are leading these developments?

Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?

Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?

Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?

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