Aviation Warning Lights - Global Market Outlook (2019-2027)
According to Stratistics MRC, the Global Aviation Warning Lights Market is accounted for $0.77 billion in 2019 and is expected to reach $1.50 billion by 2027 growing at a CAGR of 8.7% during the forecast period. Substantial developments in the telecommunication industry and wind turbines, increasing demand for high-rise skyscrapers and government regulations and policies to increase the adoption of obstruction lights for aircraft safety are driving the market growth. However, high cost of the raw material of the light is hampering the growth of the market.
Aviation warning lights are lighting devices fixed on any permanent or temporary structure which could posture a potential hazard to air navigation. Such devices make structures progressively obvious to passing airplane and are typically utilized around evening time, in spite of the fact that they might be utilized during the day too.
Based on the lamp type, the light emitting diode (LED) segment is going to have high growth during the forecast period as LED-based lamps have a significantly longer lifespan than incandescent bulbs, which reduces maintenance costs and increases reliability. By geography, North America is going to have high growth during the forecast period owing to the recognised to existence of a large amount of tall structures, growing incidence of aircraft collisions, regulations and policies connected with aviation warning lights and early acceptance of the LED technology.
Some of the key players profiled in the Aviation Warning Lights Market include Wetra Aviation Obstruction Lights, Sirena SpA., Q-AVIATION, Avaids Technovators Pvt. Limited, Hughey and Phillips, GEA Group, Flash Technology, Avlite Systems, Drake Lighting, Contarnex Europe, DeWiTec GmbH, Cooper Industries, Dialight plc, Farlight, Astronics Corporation, Orga BV and Delta Obstruction Lighting.
Product Types Covered:
• Low-Intensity Warning Lights
• Medium-Intensity Warning Lights
• High-Intensity Warning Lights
Lamp Types Covered:
• Light Emitting Diode (LED)
• Building Infrastructure
• Other Applications
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2018, 2019, 2020, 2024 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
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• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
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