Global Military Lighting Market

1
Global Military Lighting Market was valued
US480Mn in 2017 and is expected to reach
US860.35Mn by 2026 at a CAGR of about 7.57
during a forecast. Global Military Lighting
Market is segmented into an application, by
technology, by solution, and by region. Based on
application, military lighting market is
classified into Ground, Marine Airborne. In
technology are parted into LED Non-LED. In
solution are segmented into Hardware, Software
Services. Geographically into North America,
Europe, Asia Pacific, Middle East Africa, and
Latin America. Global Industry Analysis and
forecast 2018-2026. Global Military Lighting
Market Driving factors of military lighting
market are increase in the defense budgets of an
important number of territories. Military
lighting installation requires lighting for
security, roadways, vehicles, tanks bunkers,
Patrolling and 24X7 surveillance, military
residential purposes, and various other areas,
advancements in LED lighting technologies and
governments across the globe are focusing more on
providing more efficient military lighting in
their respective governance will boost the demand
for military lighting market. The existing
backlogs of firms supplying military equipments
and power generation issue can hamper the growth
of military lighting market. In terms of
application, ground segment shares the largest
market during the forecast period. This growth is
increasing in retrofitting of LED lights in
military airports, base camp, training center,
sustainable providing sophisticated dim lighting,
modernization of soldier systems, obstruction
beacon lighting, rising demand for armoured
vehicles across different countries and rising
demand for armoured vehicles across different
countries will create more opportunity in
military lighting market. In terms of
Technology, LED is projected to grow at fastest
during the forecast period. LED technology in the
military sector for efficient use of energy,
reduction in overall operation and maintenance
cost, increased government focus and expenditure
on installing efficient lighting, various
countries is taking various initiatives to adopt
more energy efficient lights in the military
bases and most militaries growing awareness and
advantage can boom the demand for LED technology
in military lighting market. Among region, Asia
Pacific region is expected to grow at the highest
CAGR during the forecast period. Emerging
economies and modernization of military systems,
purchase of military jets and ships, the region
rapid changes in regulations to make defense more
advancing on the technology front and advancement
in the defense technologies related to land,
marine and air force in respect to income can
lead for better market penetration in the
military lighting market. North America is
expected to remain the largest region in the
military lighting market. Oxley Developments
Company Ltd, Astronics, Orion Energy Systems,
Inc., Carmanah Technologies Corporation, Zumtobel
AG, Dialight PLC, Revolution Lighting
Technologies, Laminators technologies, United
Technologies, Lunar Lighting, Honeywell, Acuity
Brand Lighting, Osram Licht AG, Cree Inc., Larson
Electronics, Deco Lighting, Cooper Industries PLC
and GE Lightings. The scope of the Report Global
Military Lighting Market Global Military
Lighting Market By Application Ground
Marine Airborne Global Military Lighting
Market By Technology LED Non-LED Global
Military Lighting Market By Solution
Hardware Software Services Global Military
Lighting Market By Region North America
Europe Asia Pacific Middle East Africa
Latin America Key Player analyzed in the Global
Military Lighting Market Oxley Developments
Company Ltd Astronics Orion Energy Systems,
Inc. Carmanah Technologies Corporation
Zumtobel AG Dialight PLC Revolution Lighting
Technologies Laminators technologies United
Technologies Lunar Lighting Honeywell
Acuity Brand Lighting Osram Licht AG Cree
Inc. Larson Electronics Deco Lighting
Cooper Industries PLC GE Lightings This Report
Is Submitted By _at_Maximize Market Research
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