Heavy Equipment Lamps Market Research 2017-26: Signal Lamps to Gain Maximum Traction in the Global Market

The rapidly expanding heavy equipment lamps market is the focus of a new report added to the market intelligence repository of Fact.MR. This 170-page broad study is headlined as “Heavy Equipment Lamps Market Research Forecast, Trend Analysis & Competition Tracking: Global Review 2017 to 2026” which noticeably examines the prospects of the global heavy equipment lamps industry till the end of 2022, using the market’s development trajectory in the recent past as the key indicator of actionable insights into the market’s growth pattern. A blend of primary & secondary research has been implemented for offering estimates and forecasts on the concerned market.

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As per the new report by Fact.MR, the global heavy equipment lamps market is anticipated to witness moderate growth. The market is projected to increase to 4.9% CAGR. The global heavy equipment lamps market is also projected to bring in US$ 9,065.3 million revenue towards the end of 2026. Increase in the number of infrastructure projects globally is one of the factors resulting in the increasing use of heavy equipment lamps to ensure efficiency and safety. Below are some of the insights on how the global heavy equipment lamps market will perform in the future.

Signal Lamps to Gain Maximum Traction in the Global Market for Heavy Equipment Lamps

Compared to the various lamp types, signal lamps are likely to witness the highest growth between 2017 and 2026. Signal lamps are estimated to reach nearly US$ 3,000 million revenue by 2026 end. Signal lamps are visual signaling device for optical communication. Signal lams are largely used on construction sites such as during roadworks. These lights are also used in marine and air traffic control.

HID Lamps to Account for the Highest Revenue Share

Among various lighting types, HID lamps are likely to account for more than one-third of the revenue share by 2017 end. HID lamps are also estimated to create an incremental opportunity of over US$ 1,300 million between 2017 and 2026. Owing to the low energy usage, longer life than halogen bulbs, HID lamps are being used on a large scale. HID lamps are being used in large indoor and outdoor areas such as warehouses, construction sites, shops, arenas, etc. Meanwhile, LEDs are also likely to witness growth in the near future.

Construction Equipment to Emerge as the Largest End User of Heavy Equipment Lamps

Construction equipment is likely to emerge as one of the largest end use industries in the global market for heavy equipment lamps throughout the forecast period. By 2026 end, construction equipment is estimated to exceed US$ 3,500 million in terms of value. New infrastructure projects across various countries are driving the use of construction equipment. Various construction equipment are being used on the basis of the type of construction. Light towers are being used on a large scale as they are easily transportable and can be setup seamlessly.

Competition Tracking

The report provides details on various key companies that are likely to contribute towards the expansion of global heavy equipment lamps market through 2026, which include Koito Manufacturing Co Ltd., Stanley Electric, OSRAM GmbH, General Electric Company, and Catepillar, Inc.

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Table of Contents:

Global Economic Outlook
Global Heavy Equipment Lamps Market – Executive Summary
Global Heavy Equipment Lamps Market Overview
3.1. Introduction
3.1.1. Global Heavy Equipment Lamps Market Taxonomy
3.1.2. Global Heavy Equipment Lamps Market Definition
3.2. Global Heavy Equipment Lamps Market Value (US$ Mn) & Volume ( ‘000 Units) and Forecast, 2012-2026
3.2.1. Global Heavy Equipment Lamps Market Y-o-Y Growth
3.3. Global Heavy Equipment Lamps Market Dynamics
3.4. Supply Chain
3.5. Investment Feasibility Matrix
3.6. Pricing Analysis
3.7. Product Lifecycle Assessment
3.8. List of Distributors
3.9. Key Participants Market Presence (Intensity Map) By Region
Global Heavy Equipment Lamps Market Analysis and Forecast 2012-2026
4.1. Global Heavy Equipment Lamps Market Value (US$ Mn) & Volume ( ‘000 Units) and Forecast By Lamp Type, 2012-2026
4.1.1. Head Lamps Market Value (US$ Mn) & Volume ( ‘000 Units) and Forecast, 2012-2026
4.1.1.1. Revenue (US$ Mn) Comparison, By Region
4.1.1.2. Market Share Comparison, By Region
4.1.1.3. Y-o-Y growth Comparison, By Region
4.1.2. Rear Lamps Market Value (US$ Mn) & Volume ( ‘000 Units) and Forecast, 2012-2026
4.1.2.1. Revenue (US$ Mn) Comparison, By Region
4.1.2.2. Market Share Comparison, By Region
4.1.2.3. Y-o-Y growth Comparison, By Region
Continued……..

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