Press release
Heavy Equipment Lamps Market Analysis 2017: HID Lamps to Account for the Highest Revenue Share
Fact.MR
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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.
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Table of Content:
1. Global Economic Outlook
2. Global Heavy Equipment Lamps Market - Executive Summary
3. Global Heavy Equipment Lamps Market Overview
4. Global Heavy Equipment Lamps Market Analysis and Forecast 2012-2026
5. North America Heavy Equipment Lamps Market Value (US$ Mn) & Volume ( ‘000 Units) and Forecast, 2012-2026
6. Latin America Heavy Equipment Lamps Market Value (US$ Mn) & Volume ( ‘000 Units) and Forecast, 2012-2026
7. Europe Heavy Equipment Lamps Market Value (US$ Mn) & Volume ( ‘000 Units) and Forecast, 2012-2026
8. Japan Heavy Equipment Lamps Market Value (US$ Mn) & Volume ( ‘000 Units) and Forecast, 2012-2026
9. APEJ Heavy Equipment Lamps Market Value (US$ Mn) & Volume ( ‘000 Units) and Forecast, 2012-2026
10. MEA Heavy Equipment Lamps Market Value (US$ Mn) & Volume ( ‘000 Units) and Forecast, 2012-2026
11. Global Heavy Equipment Lamps Market Company Share, Competition Landscape and Company Profiles
12. Research Methodology
13. Secondary and Primary Sources
14. Assumptions and Acronyms
15. Disclaimer
Continued….
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About Fact.MR
Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized Industrial Goods market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.
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