Global Navigation Lighting Market

Global Navigation Lighting Market

Global Navigation Lighting Market Size, Trends & Growth Opportunity, By Product (Anti-Collision Lighting, Sidelighting, Taxilighting, Stroboscope Lamp, and Floor Lighting), By Application (Marine Navigation Lights, Aviation Navigation Lights, and Others), By Region and Forecast till 2027

Global Navigation Lighting Market

The navigation light is defined as a colored source of illumination fitted on aircraft, waterborne vessel, and space craft. It is also known as positional lights, as these provide relative position of the aircraft. The navigation lightings mandated by civil authorities, or international conventions. These are used in limited visibility like low light, rain, or fog and to notify the specified position on aircraft or vessels.

Market Drivers

The rise in the aircraft fleet due to the increasing in air travel passengers expected to boost the global navigation lighting market growth. Furthermore, the introduction of energy-efficient lighting technologies also propelling the global navigation lighting market growth. The increase in awareness of efficient and green technology forces manufacturers to focus on energy efficient light like LEDs which in turn will support the market growth during this forecast timeframe. Moreover, the growing advancements in lighting technology along with significant improvements such as better efficiency and power saving capabilities are expected to fuel the global navigation lighting market growth during this forecast period.

Market Restraints

The collapse of the shipbuilding industry in China is the major restraint which expected to hinder the global navigation lighting market growth over the forecast period.

Market Segmentation

The Global Navigation Lighting Market is segmented into product such as Anti-Collision Lighting, Sidelighting, Taxilighting, Stroboscope Lamp, and Floor Lighting. Further, market is segmented into application such as Marine Navigation Lights, Aviation Navigation Lights, and Others.

Also, the Global Navigation Lighting Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.

Market Key Players

Various key players are discussed in this report such as Glamox, Osculati, Aveo Engineering, Hella Marine, Lopolight, Perko, Vega, Beghelli, PHILIPS, GE, etc.

Market Taxonomy

By Product

• Anti-Collision Lighting
• Sidelighting
• Taxilighting
• Stroboscope Lamp
• Floor Lighting

• Marine Navigation Lights
• Aviation Navigation Lights
• Others

• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa

• What are the Key Opportunities in Global Navigation Lighting Market?
• What will be the growth rate from 2019 to 2027?
• Which segment/region will have highest growth?
• What are the factors that will impact/drive the Market?
• What is the competitive Landscape in the Industry?
• What is the role of key players in the value chain?
• What are the strategies adopted by key players?