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
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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PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: MARKET LANDSCAPE
- Market ecosystem
- Market characteristics
- Market segmentation analysis
PART 05: MARKET SIZING
- Market definition
- Market sizing 2017
- Market size and forecast 2017-2022
PART 06: FIVE FORCES ANALYSIS
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
PART 07: MARKET SEGMENTATION BY APPLICATION
- Segmentation by application
- Comparison by application
- Buildings and structures– Market size and forecast 2017-2022
- Energy – Market size and forecast 2017-2022
- Aviation and aerospace– Market size and forecast 2017-2022
- Telecommunications– Market size and forecast 2017-2022
- Market opportunity by application
PART 08: CUSTOMER LANDSCAPE
PART 09: REGIONAL LANDSCAPE
- Geographical segmentation
- Regional comparison
- Americas – Market size and forecast 2017-2022
- APAC – Market size and forecast 2017-2022
- EMEA – Market size and forecast 2017-2022
- Key leading countries
- Market opportunity
PART 10: DECISION FRAMEWORK
PART 11: DRIVERS AND CHALLENGES
- Market drivers
- Market challenges
PART 12: MARKET TRENDS
- Adoption of LED-based lighting devices to boost cost efficiency
- Security improvement and optimization of various functions at airports
- Automated measuring and adjustment of lighting parameters
- Adoption of solar LED lights
PART 13: VENDOR LANDSCAPE
- Overview
- Landscape disruption
PART 14: VENDOR ANALYSIS
- Vendors
- Vendor classification
- Market positioning of vendors
- Carmanah Technologies
- Dialight
- SPX
- Other prominent vendors
PART 15: APPENDIX