Global Military Lighting Market was valued US$516.34 Mn in 2018 and is expected to reach US$ XX Mn by 2026 at a CAGR of about XX % during a forecast.
Global Military Lighting Market is segmented into application, by technology, by solution and by region. Based on application, military lighting market is classified into Ground, Marine & Airborne. In technology are parted into LED & Non-LED. In solution are segmented into Hardware, Software & Services. Geographically into North America, Europe, Asia Pacific, Middle East & Africa and Latin America. Global industry Analysis and forecast 2018-2026.
Global Military Lighting Market
Driving factors of military lighting market are increase in the defence budgets of an important number of territories. Military lighting installation requires lighting for security, roadways, vehicles, tanks bunkers, Patrolling and 24X7 surveillance, military residential purposes, and various other areas, advancements in LED lighting technologies and governments across the globe are focusing more on providing more efficient military lighting in their respective governance will boost the demand for military lighting market.
The existing backlogs of firms supplying military equipment’s and power generation issue can hamper the growth of military lighting market.
In terms of application, ground segment shares the largest market during the forecast period. This growth is increasing in retrofitting of LED lights in military airports, base camp, training centre, sustainable providing sophisticated dim lighting, modernization of soldier systems, obstruction & beacon lighting, rising demand for armoured vehicles across different countries and rising demand for armoured vehicles across different countries will create more opportunity in military lighting market.
In terms of Technology, LED is projected to grow at fastest during the forecast period. LED technology in the military sector for efficient use of energy, reduction in overall operation and maintenance cost, increased government focus and expenditure on installing efficient lighting, various countries is taking various initiatives to adopt more energy efficient lights in the military bases and most militaries growing awareness and advantage can boom the demand for LED technology in military lighting market.
Among region, Asia Pacific region is expected to grow at the highest CAGR during the forecast period. Emerging economics and modernization of military systems, purchase of military jets and ships, the region rapid changes in regulations to make defence more advancing on the technology front and advancement in the defence technologies related to land, marine and air force in respect to income can lead for better market penetration in military lighting market. North America is expected to remain the largest region in military lighting market.
Oxley Developments Company Ltd, Astronics, Orion Energy Systems, Inc., Carmanah Technologies Corporation, Zumtobel AG, Dialight PLC, Revolution Lighting Technologies, Laminators technologies, United Technologies, Lunar Lighting, Honeywell, Acuity Brand Lighting, Osram Licht AG, Cree Inc., Larson Electronics, Deco Lighting, Cooper Industries PLC and GE Lightings.
Scope of the Report Global Military Lighting Market:
Global Military Lighting Market: By Application
Global Military Lighting Market: By Technology
Global Military Lighting Market: By Solution
Global Military Lighting Market: By Region
• North America
• Asia Pacific
• Middle East & Africa
• Latin America
Key Player analysed in the Global Military Lighting Market:
• Oxley Developments Company Ltd
• Orion Energy Systems, Inc.
• Carmanah Technologies Corporation
• Zumtobel AG
• Dialight PLC
• Revolution Lighting Technologies
• Laminators technologies
• United Technologies
• Lunar Lighting
• Acuity Brand Lighting
• Osram Licht AG
• Cree Inc.
• Larson Electronics
• Deco Lighting
• Cooper Industries PLC
• GE Lightings
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