Global Beacon Lights Market 2017-2021

  • ID: 4312747
  • Report
  • Region: Global
  • 70 pages
  • TechNavio
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FEATURED COMPANIES

  • Eaton
  • ESAFETY LIGHTS
  • General Electric
  • Hadco Group
  • Honeywell
  • Larson Electronics
  • MORE
Beacon light devices are alarm devices that emit a beam of light to awaken or send alarm messages. It is a strong beam of light that can be seen from a distance and used to guide ships and airplanes. Beacon lights provide navigation solutions in ports and harbors. They enable ships and cargos to navigate back to the dockyard during night. Beacon lights have transformed from just being light sources to multifunctional devices that fulfill various objectives in sectors such as industrial, navigation, and defense communication.

The report forecasts that the global beacon light market to grow at a CAGR of 9.34% during the period 2017-2021.

Covered in this report:

The report covers the present scenario and the growth prospects of the global beacon light market for 2017-2021. To calculate the market size, the report considers revenue generated from sales of beacon lights only.

The market is divided into the following segments based on geography:
  • Americas
  • APAC
  • EMEA
This report, Global Beacon Light 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:
  • General Electric
  • Honeywell
  • Schneider Electric
Other prominent vendors:
  • Schneider Electric
  • WERMA Signaltechnik
  • Federal Signal Corporation
  • ESAFETY LIGHTS
  • Larson Electronics
  • NSI International
  • Eaton
  • Hadco Group
Market drivers:
  • High adoption at dockyards
  • For a full, detailed list, view this report
Market challenges:
  • Requires continuous charging and power
  • For a full, detailed list, view this report
Market trends:
  • Customized light beams
  • 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?
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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Eaton
  • ESAFETY LIGHTS
  • General Electric
  • Hadco Group
  • Honeywell
  • Larson Electronics
  • MORE
Part 01: Executive summary

Part 02: Scope of the report

Part 03: Research Methodology`

Part 04: Introduction
  • Key market highlights
Part 05: Market landscape
  • Market overview
  • Market size and forecast
  • Five forces analysis
Part 06: Market segmentation by application
  • Overview of segments
  • Application of beacon lights in industrial sector
  • Application of beacon lights in navigation
  • Application of beacon lights in defense communication
  • Application of beacon lights in others
Part 07: Market segmentation by type
  • Market overview
  • Market size and forecast
  • Global halogen beacon lights
  • Global LED beacon lights
  • Global xenon beacon light
Part 08: Market segmentation by Geography
  • Beacon lights market in Americas
  • Beacon lights market in APAC
  • Beacon lights market in EMEA
Part 09: Decision framework

Part 10: Drivers and challenges
  • Market drivers
  • Impact of drivers on key application segments
  • Market challenges
  • Impact of challenges on key application segments
Part 11: Market trends
  • Customized light beams
  • Cannibalism of halogen beacon market
  • Switch to IR lights
Part 12: Vendor landscape
  • Competitive scenario
  • Other prominent vendors
Part 13: Key vendor analysis
  • General Electric
  • Honeywell
  • Schneider Electric
Part 14: Appendix

List of abbreviations

List of Exhibits
Exhibit 01: Global beacon lights market segmentation
Exhibit 02: Global beacon lights market size 2016-2021 ($ millions)
Exhibit 03: Five forces analysis
Exhibit 04: Global beacon lights market by application
Exhibit 05: Global beacon lights market by application (% share)
Exhibit 06: Global beacon lights market: CAGR comparison (2016-2021)
Exhibit 07: Global beacon lights market size: Industrial sector 2016-2021 ($ millions)
Exhibit 08: Global beacon lights market size: Navigation sector 2016-2021 ($ millions)
Exhibit 09: Global beacon lights market size: Defense communication sector 2016-2021 ($ millions)
Exhibit 10: Global beacon lights market size: Others 2016-2021 ($ millions)
Exhibit 11: Global beacon lights market by type 2016 and 2021 (% share)
Exhibit 12: Global beacon lights market by type 2016-2021 (% share)
Exhibit 13: Global beacon lights market by product: CAGR comparison (2016-2021)
Exhibit 14: Global halogen beacon lights market 2016-2021 ($ millions)
Exhibit 15: Global LED beacon lights market 2016-2021 ($ millions)
Exhibit 16: Global xenon beacon lights market 2016-2021 ($ millions)
Exhibit 17: Global beacon lights market: Geographical market shares 2016
Exhibit 18: Global beacon lights market: Geographical market shares (2016-2021)
Exhibit 19: Global beacon lights market by geography 2016-2021 (% share)
Exhibit 20: Global beacon lights market by geography 2016-2021 (CAGR comparison)
Exhibit 21: Beacon lights market in Americas 2016-2021 ($ millions)
Exhibit 22: Beacon lights market in APAC 2016-2021 ($ millions)
Exhibit 23: Beacon lights market in EMEA 2016-2021 ($ millions)
Exhibit 24: Growth rate of global exports shipments (2015-2020)
Exhibit 25: Impact of drivers
Exhibit 26: Battery life update rate
Exhibit 27: Impact of challenges
Exhibit 28: Other prominent vendors
Exhibit 29: General Electric product portfolio
Exhibit 30: General Electric recent developments
Exhibit 31: Honeywell recent developments
Exhibit 32: Schneider Electric recent developments
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FEATURED COMPANIES

  • Eaton
  • ESAFETY LIGHTS
  • General Electric
  • Hadco Group
  • Honeywell
  • Larson Electronics
  • MORE
New Research Report - Global Beacon Light Market 2017-2021

Other Prominent Vendors in the market are: Schneider Electric, WERMA Signaltechnik, Federal Signal Corporation, ESAFETY LIGHTS, Larson Electronics, NSI International, Eaton, and Hadco Group.

Commenting on the report, an analyst from the research team said: “One trend in the market is customized light beams. Beacons with customized light beams have features to change the light intensity with the changing weather. These beacons can be chosen according to their propagation property.”

According to the report, one driver in the market is high adoption at dockyards. Exports of goods and services are increasing at a rate of 3% per year. This led to the growth of shipment worldwide, resulting in improved dock and harbor conditions with proper navigation and warning systems. Lighthouses are well equipped with high-intensity beacon lights to guide industrial cargo ships sailing through the region. These lighthouses also help in rescuing lost ships. Apart from navigation, beacon lights also provide visibility to ships and the route to a destination.

Further, the report states that one challenge in the market is requires continuous charging and power. Beacon lights are highly used for security and emergency signals. However, the biggest drawback is that these beacon lights operate on batteries unless they are plugged into an unlimited power source. The battery has to be recharged or replaced on a regular basis to ensure smooth operation of the beacon lights. As the light is used continuously, the life of the battery reduces.

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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  • General Electric
  • Honeywell
  • Schneider Electric
  • Schneider Electric
  • WERMA Signaltechnik
  • Federal Signal Corporation
  • ESAFETY LIGHTS
  • Larson Electronics
  • NSI International
  • Eaton
  • Hadco Group
Note: Product cover images may vary from those shown
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