Navigation Lighting Market Scope
Navigation light is safety equipment, which is a coloured source of illumination that placed on a waterborne vessel, aircraft, or spacecraft. It helps to provide the relative position of crafts, which is used to signal the craft’s position, heading, and status. It is a colour source of illumination which is placed on a waterborne vessel, aircraft, or spacecraft to provide the relative position of the craft. International conventions or civil authorities mandate the placement of such lights
According to AMA, the Global Navigation Lighting market is expected to see growth rate of 5.2%
Research Analyst at AMA estimates that Germany Manufacturers will contribute to the maximum growth of Global Navigation Lighting market throughout the predicted period.
Glamox (Norway), Daeyang Electric (South Korea), Osculati (Italy), Aveo Engineering, Hella Marine (Germany), Lopolight (Denmark), Perko (United States), Beghelli (Italy), Philips (Netherlands), GE (United States) and OSRAM (Germany) are some of the key players that are part of study coverage.
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
Segmentation Overview
The study have segmented the market of Global Navigation Lighting market by Type (Anti-Collision Lighting, Side lighting, Taxi lighting, Stroboscope Lamp and Floor Lighting), by Application (Marine Navigation Lights and Aviation Navigation Lights) and Region with country level break-up.
On the basis of geography, the market of Navigation Lighting has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
In Jun 2018, Huawei Launched Its Smart Airport 2.0 Solution That Allows Airports to Deploy the Smart Navigation Lightning, Which Helps To Monitor and Control Navigation Lights In Real-Time
Market Trend
- Declining Manufacturing Cost of LED
Market Drivers
- Increase in Aircraft Fleet
Challenges
- Collapse of Shipbuilding Market in China
Key Target Audience
Manufacturer / Potential Investors, Traders, Distributors, Wholesalers, Retailers, Importers and Exporters. and Association and Government Bodies