Global Navigation Lighting Market 2017-2021

  • ID: 4308264
  • Report
  • Region: Global
  • 69 pages
  • TechNavio
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FEATURED COMPANIES

  • Aveo Engineering
  • DAEYANG ELECTRIC
  • Glamox
  • Hella Marine
  • Lopolight
  • Osculati
  • MORE
1h Free Analyst Time

Speak directly to the analyst to clarify any post sales queries you may have.

Navigation light, a key safety equipment, is a colored source of illumination fitted on a waterborne vessel, aircraft, and spacecraft. Navigation lights help provide the relative position of the craft, and are commonly known as position lights. These lights are used to signal a craft's position, heading, and status. The placement of the lights is mandated by international conventions or civil authorities. Navigation lights are used mainly from sunset to sunrise, or in times of limited visibility, such as fog, rain or low light. Vessels that operate at night, whether at anchor or underway, must carry and display correct navigation lights. The light helps vessels to determine which is the give-way vessel while encountering each other at night. All waterborne vessels and crafts used for commercial or pleasure purposes must adhere to the regulations concerning navigation lighting.

The report forecasts that the global Navigation Lighting market to grow at a CAGR of 4.54% during the period 2017-2021.

Covered in this report:

The report covers the present scenario and the growth prospects of the global Navigation Lighting market for 2017-2021. To calculate the market size, the report considers the sales of navigation lighting for marine and aerospace applications.

The market is divided into the following segments based on geography:
  • Americas
  • APAC
  • EMEA
This report, Global Navigation Lighting Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion operating in this market.

Key vendors:
  • Glamox
  • DAEYANG ELECTRIC
  • Osculati
  • Aveo Engineering
Other prominent vendors:
  • Hella Marine
  • Lopolight
  • Perko
  • Vega
Market drivers:
  • Increase in aircraft fleet
  • For a full, detailed list, view this report
Market challenges:
  • Collapse of shipbuilding industry in China
  • For a full, detailed list, view this report
Market trends:
  • Declining manufacturing cost of LEDs
  • For a full, detailed list, view this report
Key questions answered in this report:
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?
You can request one free hour of the analyst’s time when you purchase this market report. Details are provided within the report.
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2 of 5

FEATURED COMPANIES

  • Aveo Engineering
  • DAEYANG ELECTRIC
  • Glamox
  • Hella Marine
  • Lopolight
  • Osculati
  • MORE
1h Free Analyst Time

Speak directly to the analyst to clarify any post sales queries you may have.

Part 01: Executive summary

Part 02: Scope of the report

Part 03: Research Methodology

Part 04: Introduction
  • Market outline
Part 05: Market landscape
  • Market overview
  • Market size and forecast
  • Five forces analysis
Part 06: Market segmentation by end-user
  • Global navigation lighting market by end-users
  • Aerospace segment
  • Marine segment
Part 07: Geographical segmentation
  • Global navigation lighting market by geography
  • APAC
  • Americas
  • EMEA
Part 08: Decision framework

Part 09: Drivers and challenges
  • Market drivers
  • Market challenges
Part 10: Market trends
  • Declining manufacturing cost of LEDs
  • Advances in lighting technology
Part 11: Vendor landscape
  • Competitive scenario
  • Other prominent vendors
Part 12: Key vendor analysis
  • Glamox
  • DAEYANG ELECTRIC
  • Osculati
  • Aveo Engineering
Part 13: Appendix

List of abbreviations

List of Exhibits
Exhibit 01: Types of navigation lights
Exhibit 02: Opportunities and challenges for aerospace and marine industries
Exhibit 03: Global navigation lighting market by end-user 2016-2021
Exhibit 04: Global navigation lighting market by geography 2016-2021 ($ millions)
Exhibit 05: Overview of global navigation lighting market 2017-2021
Exhibit 06: Global navigation lighting market 2016-2021 ($ millions)
Exhibit 07: Five forces analysis
Exhibit 08: Global navigation lighting market by end-users 2016 and 2021
Exhibit 09: Global navigation lighting market in aerospace segment 2016-2021 ($ millions)
Exhibit 10: Increase in aircraft fleet between 2015-2035
Exhibit 11: Regional increase in demand for new airplanes 2016-2035
Exhibit 12: Global navigation lighting market in marine segment 2016-2021 ($ millions)
Exhibit 13: Global navigation lighting market by geography 2016-2021
Exhibit 14: Trend chart of global navigation lighting market by geography 2016-2021 ($ millions)
Exhibit 15: Navigation lighting market in APAC 2016-2021 ($ millions)
Exhibit 16: Navigation lighting market in the Americas 2016-2021 ($ millions)
Exhibit 17: Navigation lighting market in EMEA 2016-2021 ($ millions)
Exhibit 18: Global aviation industry: Growth rate 2012-2015
Exhibit 19: Top five growing countries in terms of airline passengers 2015-2035
Exhibit 20: Region-wise increase of aircraft fleet 2015-2035
Exhibit 21: Factors to be considered in fixing LED navigation lights
Exhibit 22: Manufacturing cost of LEDs 2012-2020 ($/kilolumen)
Exhibit 23: ASP of lighting technologies 2012-2016 ($)
Exhibit 24: Geographical presence of key vendors
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FEATURED COMPANIES

  • Aveo Engineering
  • DAEYANG ELECTRIC
  • Glamox
  • Hella Marine
  • Lopolight
  • Osculati
  • MORE
1h Free Analyst Time

Speak directly to the analyst to clarify any post sales queries you may have.

New Research Report - Global Navigation Lighting Market 2017-2021

Other Prominent Vendors in the market are: Hella Marine, Lopolight, Perko, and Vega.

Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is declining manufacturing cost of LEDs. The manufacturing cost of LED lights have declined since 2012 and will continue to decline during the forecast period. The decline is mainly due to the declining ASP of the chips and components used in the manufacturing of the LEDs.”

According to the report, one of the major drivers for this market is increase in aircraft fleet. The global aviation industry is expected to grow rapidly after facing a rather sluggish growth in 2014 and 2015. This was due to the combined with a structural shift in the Chinese economy, and decelerated growth in the economy of countries such as Brazil and Russia in 2015. The decline in air fares, owing to the dip in oil prices, benefitted airlines, aircraft manufacturers, and part suppliers. The exhibit given below highlights the decline in the global aerospace industry and its recovery in 2015. The growth is attributed to stable growth in GDP, low prices of crude oil, and increasing demand for passenger travel in the commercial sector of the aerospace industry.

Further, the report states that one of the major factors hindering the growth of this market is collapse of shipbuilding industry in China. The global shipbuilding industry faced a sluggish period in 2016. The demand for new vessels declined by 85% in 2016 over 2015 levels. The global shipping industry declined in 2016, owing to the instability in the Chinese economy and the tumbling of commodity prices. The decline in Chinese growth since 2015 has contributed to the decline in the shipbuilding sector. Further, the decline in oil prices since 2014 has affected the marine operations in terms of imports and exports.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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1h Free Analyst Time

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  • Glamox
  • DAEYANG ELECTRIC
  • Osculati
  • Aveo Engineering
  • Hella Marine
  • Lopolight
  • Perko
  • Vega.
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