Governments across the globe are focusing on increasing their investments to modernize their military arms. This trend is anticipated to bode well for the expansion of the global military lighting market in coming years. Military lighting products are most commonly installed within military shelters, combat helmets for personal use, and military airfields or airports. These products usually consist of drop or task lights as well as gooseneck lights. Military airfield or airport lights are also used to guide the military aircraft during landing and take-off procedures. Key types of products offered by the manufacturers in the global military lighting market include exterior lights, interior lights, LED lights, and non-LED lights.
LED lights are more efficient and cost-effective than conventional lighting solutions. They are also energy efficient and can be operated using digital devices. Furthermore, they are also more durable. These factors are responsible for increased demand and use of LED lighting in the global military lighting market. By end use, these products can be further divided into airborne lighting solutions, ground lighting solutions, and marine lighting solutions.
Download PDF Brochure- https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=85142
Global Military Lighting Market: Major Trends and Drivers
Increasing trend of upgradation and modernization of military aircraft, naval ships, and vehicle is boosting the growth within the global military lighting market. However, the presence of existing backlog in the defense industry may poorly affect the growth of the market. Additionally, trade conflict between the United States and China may have a medium to short term negative impact on the supply of lighting components in coming years. This trend is also expected to adversely impact the growth within the global military lighting market. On the other hand, increasing compatibility and rising adoption of LED based lights in air force, army, and navy operations is most likely to propel the demand within the global military lighting market in coming years.
Rising use of chart and map lights while maintaining night vision to glance outside the military aircraft is boosting the demand for effective lights for cockpit in the global military lighting market. Moreover, increasing demand for advanced line fitting and retrofitting LED lights in ground, naval, and airborne applications is also anticipated to foster growth within the global military lighting market in the coming years.
Global Military Lighting Market: Key Players and Manufacturers
Some of the key players and manufacturers operating in the landscape of the global military lighting market include Honeywell International, Glamox, Orion Energy Systems, Astronics Corp., and Raytheon Technologies. These players are focused on adopting growth strategies such as development of new and technologically advanced products, launching these new products, and enhancing their global presence. Furthermore, several players in the global military lighting market are also focused on entering new and previously untapped regional markets by launching low cost and technologically superior products, infrastructure, and platforms. Other notable growth strategies employed by these players and manufacturers include strategic agreements, collaborations, and partnerships. For example, Oxley Group won a contract worth US$ 4.4 Min by combined effort of Rheinmetall Land Systems and Rheinmetall BAE Systems Land in June of 2022 for providing LED lights for new Boxer vehicles for the British army.
Make an Inquiry Before Buying- https://www.transparencymarketresearch.com/sample/sample.php?flag=EB&rep_id=85142
Global Military Lighting Market: Regional Assessment
North America is most likely to dominate the global military lighting market in coming years, owing to increasing investments by economies, Canada and the United States, for upgrading their military capabilities. Furthermore, increasing modernization in military technologies as well as rising demand for effective armed forces that are capable of asymmetric warfare is also bolstering the growth within the North America military lighting market. Additionally, the presence of several leading military lighting manufacturers, such as Honeywell International, Orion Energy Systems, and Raytheon Technologies in the region is also expected to positively influence the upward growth trajectory of the North America military lighting market in the near future.
Related Reports –
Capacitor Market Latest Industry Size, Growth, Share, Demand, Trends, Competitive Landscape and Forecast till 2031- https://www.prnewswire.com/news-releases/capacitor-market-size-worth-58-67-billion-by-2031-cagr-6-4-notes-tmr-assessment-301611649.html
Wire and Cable Market outlook, geographic segmentation, business challenges and opportunities up to 2031- https://finance.yahoo.com/news/wire-cable-market-projected-expand-110000848.html
Contact Information:
Nikhil Sawlani
Transparency Market Research Inc.
CORPORATE HEADQUARTER DOWNTOWN,
1000 N. West Street,
Suite 1200, Wilmington, Delaware 19801 USA
Tel: +1-518-618-1030
USA – Canada Toll Free: 866-552-3453