Global Obstruct Lighting Market 2018-2022

Below are some of the key findings from the obstruct lighting market research report

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Global obstruct lighting industry overview

The increasing number of airports is one of the key factors expected to trigger the market’s growth in the forthcoming years. When new airports arrive towards completion, there is a huge requirement for integration of obstruct lighting fixtures across landsides and terminals. Furthermore, with the rising investments focusing on the development of airports globally, there will be a rising need for obstruct lighting to be installed on the airside, landside, and terminal. These factors are expected to play a major in driving the obstruct lighting market growth, which is projected to register a CAGR of over 9% during the forecast period.

The adoption of LED-based lighting devices to boost cost efficiency is one of the key trends expected to gain traction in the market. With the evolution of airports globally, the optimization of services has been instrumenting the overall approach of making airport operations more cost-effective. Vendors are engaging in partnerships and collaborations for designing customized and secure sockets layer (SSL) fixtures for boosting the longevity of LED-based products. The adoption of sustainable lighting also provides better visibility and improves passenger experience in terms of safety and comfort. These trends are projected to continue through the next couple of years and are expected to contribute to the obstruct lighting market growth.

Top obstruct lighting companies covered in this market research report

The obstruct lighting market is moderately fragmented with companies focusing on integrating advanced technologies for offering efficient services. By offering a complete analysis of the market’s competitive landscape and with information on the products offered by the companies, this obstruct lighting industry analysis report is designed to aid clients to identify new growth opportunities and build innovative strategies for strengthening their position in the market.

The report offers a complete analysis of various companies including:

• Carmanah Technologies
• Dialight
• SPX
• Other prominent vendors

Obstruct lighting market segmentation based on geographic regions

• Americas
• APAC
• EMEA

The Americas will account for the highest incremental growth of this market throughout the forecast period. The region will continue to account for the largest revenue during the forecast period owing to the growth in passenger traffic compelling airport authorities.

Obstruct lighting market segmentation based on application

• Buildings and structures
• Energy
• Aviation and aerospace
• Telecommunications

The buildings and structures application segment will account for the highest growth in the market. Additionally, the report will also provide an accurate prediction of the contribution of the various application segments to the growth of the obstruct lighting market size.

Key highlights of the global obstruct lighting market for the forecast years 2018-2022:

• CAGR of the market during the forecast period 2018-2022
• Detailed information on factors that will accelerate the growth of the obstruct lighting market during the next five years
• Precise estimation of the global obstruct lighting market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• Growth of the obstruct lighting industry across the Americas, APAC, and EMEA
• A thorough analysis of the market’s competitive landscape and detailed information on several vendors
• Comprehensive details on the factors that will challenge the growth of the obstruct lighting companies

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