The global beacon lights market has earned prominence due to increasing deployment of defense and medical vehicles over the past few years. The number of military vehicles and emergency vehicles such as fire engines and ambulances have increased considerably in recent years. Factors such as increase in disposable income that have led to the demand for improved healthcare, which in turn, has boosted the demand for emergency vehicles and hospitals is stoking growth of the beacon lights market.This growth is primarily driven by Rising Deployment of Defence and Medical Vehicles and Rise in Demand for Intelligent Lightning System.
Globally, a noticeable market trend is evident Innovation and Development in Lightning System
. The Transportation Infrastructure sector in the Asia Pacific region has been increasing at a strong rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Manufacturers, such as Arcus Light (United States), Alphatronics (Belgium), BEKA (United Kingdom), D.G Controls (United Kingdom), AUER (Italy), Contrel elettronica (Italy), Banner Engineering (India) and Circontrol (Spain) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
- Rising Deployment of Defence and Medical Vehicles
- Rise in Demand for Intelligent Lightning System
- Innovation and Development in Lightning System
- Increasing Adoption of IR Lights and Customized Light Beams
- High Installation Cost of Traffic Beacon Light
IOT Technology in Traffic Beacon Lightning and Rising Awareness for Go Green Systems by The Adoption of Greenhouse Gas Emission Free Systems
Rapidly Rising in Product Testing Cost
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