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Navigation Lighting Market Key Players are 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.

09-25-2018 11:27 AM CET | Logistics & Transport

Press release from: Allied Market Research

AMR

AMR

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

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The increase in the aircraft fleet owing to the increase in air travel passengers drives the growth of the navigational lighting market. In addition, an introduction of energy-efficient lighting technologies also fuel the growth of the market. The growth in awareness of efficient and green technology forces manufacturers to focus on energy efficient light such as LEDs which in turn is favoring the market growth. However, the collapse of the shipbuilding industry in China restrains the market growth. Moreover, the decline in manufacturing cost of LEDs is opportunistic for the navigational lighting market.

The navigation lighting market is segmented by end user and by type. Based on end user, the market is bifurcated into marine and aerospace. On the basis of type, it is classified into low light, medium light, and high light intensity. By geography, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

The navigation lighting market is dominated by key players that include 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., and TRANBERG.

For more details, visit: https://www.alliedmarketresearch.com/navigation-lighting-market

Navigation Lighting Market Key Segments:

By End User

• Marine
• Aerospace

By Type

• Low light intensity
• Medium-light intensity
• High light intensity

By Geography

• North America
• Europe
• Asia-Pacific
• LAMEA

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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