Navigation Lighting Market Size, Share, Industry, Analysis, Price, Trends, Growth and Report 2020-2027


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Shibuya Data Count

Jul 16, 2021, 02:52 EST


Shibuya-ku, Tokyo, Japan, Japan, Jul 16, 2021, 02:52 /Comserve / -- Glamox AS, Aveo Engineering Group, s.r.o., Hella Marine, Perko Inc., Lutron Electronics Co., Inc, Canepa & Campi, Den Haan Rotterdam, FAMOR S.A., and TRANBERG.

The global navigation lighting market accounted for $35,781.8 thousand in 2019 and is predicted to generate a revenue of $41,706.1 thousand by 2027.

Navigation lights are used in dockyards and airports to determine the length of the runway to the operator to prevent accidents while landing and parking ships or aircrafts. These lights come in different colors such as red light, green light and white light that help the operator to navigate the pilot accordingly. With the help of navigation lights the process of landing and parking have become far safer and more accurate.

Request to Fill The Form To get Sample Copy of This Report: https://www.sdki.jp/sample-request-114197

"The Final Report will cover the impact analysis of COVID-19 on this industry (Global And Regional Market)."

The COVID-19 pandemic created a dramatic impact on the global navigation lighting market in the year 2020. Due to the lockdown announced by the government bodies across various countries, all the places were shut down and people had to stay indoors to protect themselves from the novel coronavirus. The indefinite restriction on international and domestic air travel in countries affected the market drastically. In addition, passengers were hesitant to travel during the outbreak of virus which might prove to be a major restraint to market growth during the pandemic.

Rising demand for air travel is predicted to drive the market in the estimated period. The increasing air travel demand will boost the aircraft production and as a result the use of navigation lightings will also increase. The rising interest of people to opt for air travl is predicted to be a major driving factor for the global navigation lighting market in the estimated period.

Manufacturing and installation of navigation lights is an expensive procedure and this is predicted to be the biggest restraint for the global navigation lighting market in the forecast period. There are limited type of navigation lights available such as light emitting diodes (LEDs), incandescent or filament, flashing or strobe lighting, halogen lighting, and high intensity discharge (HID) bulbs. The production and installation of all these lights demand high costs which is predicted to hinder the market growth in the estimated period.

On the basis of region, the navigation lighting market is classified into North America, Europe, Asia-Pacific, and LAMEA. Asia-Pacific region market generated a revenue of $18,821.2 thousand in 2019 and is predicted to grow by generating a revenue of $22,938.3 thousand by 2027. Europe region market generated a revenue of $7,013.20 thousand in 2019 and is predicted to grow by generating a revenue of $7,799.0 thousand by 2027.

The major key players in the navigation lighting market are Glamox AS, Aveo Engineering Group, s.r.o., Hella Marine, Perko Inc., Lutron Electronics Co., Inc, Canepa & Campi, Den Haan Rotterdam, FAMOR S.A., and TRANBERG.

Request to Fill The Form To get Sample Copy of This Report: https://www.sdki.jp/sample-request-114197

"The Final Report will cover the impact analysis of COVID-19 on this industry (Global And Regional Market)."

Table of Content

1.Research Methodology

1.1.Desk Research
1.2.Real time insights and validation
1.3.Forecast model
1.4.Assumptions and forecast parameters

1.4.1.Assumptions
1.4.2.Forecast parameters

1.5.Data sources

1.5.1.Primary
1.5.2.Secondary

2.Executive Summary

2.1.360° summary
2.2.End User trends

3.Market overview

3.1.Market segmentation & definitions
3.2.Key takeaways
3.2.1.Top investment pockets
3.2.2.Top winning strategies

3.3.Porter’s five forces analysis

3.3.1.Bargaining power of consumers
3.3.2.Bargaining power of suppliers
3.3.3.Threat of new entrants
3.3.4.Threat of substitutes
3.3.5.Competitive rivalry in the market

3.4.Market dynamics

3.4.1.Drivers
3.4.2.Restraints
3.4.3.Opportunities

3.5.Technology landscape
3.6.Regulatory landscape
3.7.Patent landscape
3.8.Pricing overview

3.8.1.By End User
3.8.2.By region

3.9.Market value chain analysis

3.9.1.Stress point analysis
3.9.2.Raw material analysis
3.9.3.Manufacturing process
3.9.4.Distribution channel analysis
3.9.5.Operating vendors

3.9.5.1.Raw material suppliers
3.9.5.2.Event Type manufacturers
3.9.5.3.Event Type distributors
3.10.Strategic overview

The dynamic nature of business environment in the current global economy is raising the need amongst business professionals to update themselves with current situations in the market. To cater such needs, Shibuya Data Count provides market research reports to various business professionals across different industry verticals, such as healthcare & pharmaceutical, IT & telecom, chemicals and advanced materials, consumer goods & food, energy & power, manufacturing & construction, industrial automation & equipment and agriculture & allied activities amongst others.


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Shibuya Data Count
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