Military Lighting Trends and Forecast
The future of the global military lighting market looks promising with opportunities in the ground, marine, and airborne markets. The global military lighting market is expected to reach an estimated $0.8 billion by 2030 with a CAGR of 7.0% from 2024 to 2030. The major drivers for this market are growing need for lighting options that use less energy and ongoing technical improvement and improved government spending and attention on installing energy-efficient lighting, as well as developments in LED technology.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Military Lighting by Segment
The study includes a forecast for the global military lighting by product, type, end useindustry, and region.
Military Lighting Market by Product [Shipment Analysis by Value from 2018 to 2030]:
• Interior Lighting
• Exterior Lighting
• Others
Military Lighting Market by Type [Shipment Analysis by Value from 2018 to 2030]:
• Led
• Non-Led
Military Lighting Market by End Use Industry [Shipment Analysis by Value from 2018 to 2030]:
• Ground
• Marine
• Airborne
Military Lighting Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Military Lighting Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies military lighting companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the military lighting companies profiled in this report include-
• Orion Energy Systems
• ADB Safegate
• Larson Electronics
• ATG Airports Limited
• Laminators Technologies
• Deco Lighting
• Honeywell
• Rockwell Collins
• Lunar Lighting
• Revolution Lighting Technologies
Military Lighting Market Insights
Lucintel forecasts that interior lighting is expected to witness highest growth over the forecast period due to enhanced use of cockpit lights in many scenarios, such as maintaining night vision to see outside aircraft drives.
Within this market, ground will remain the largest segment due to increasing need for activities based on the ground. Additionally, by improving vision, this illumination aids military personnel operating in challenging low-light situations.
APAC is expected to witness highest growth over the forecast period due to expanding rising economies, modernization of the military, and developments in land, marine, and aerospace defense technology.
Features of the Global Military Lighting Market
Market Size Estimates: Military lighting market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Military lighting market size by various segments, such as by type , end useindustry, , and region in terms of value ($B).
Regional Analysis: Military lighting market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different type , end useindustry, , and regions for the military lighting market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the military lighting market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q.1 What is the military lighting market size?
Answer: The global military lighting market is expected to reach an estimated $0.8 billion by 2030.
Q.2 What is the growth forecast for military lighting market?
Answer: The global military lighting market is expected to grow with a CAGR of 7.0% from 2024 to 2030.
Q.3 What are the major drivers influencing the growth of the military lighting market?
Answer: The major drivers for this market are growing need for lighting options that use less energy and ongoing technical improvement and improved government spending and attention on installing energy-efficient lighting, as well as developments in LED technology.
Q4. What are the major segments for military lighting market?
Answer: The future of the military lighting market looks promising with opportunities in the ground, marine, and airborne markets.
Q5. Who are the key military lighting market companies?
Answer: Some of the key military lighting companies are as follows:
• Orion Energy Systems
• ADB Safegate
• Larson Electronics
• ATG Airports Limited
• Laminators Technologies
• Deco Lighting
• Honeywell
• Rockwell Collins
• Lunar Lighting
• Revolution Lighting Technologies
Q6. Which military lighting market segment will be the largest in future?
Answer: Lucintel forecasts that interior lighting is expected to witness highest growth over the forecast period due to enhanced use of cockpit lights in many scenarios, such as maintaining night vision to see outside aircraft drives.
Q7. In military lighting market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period due to expanding rising economies, modernization of the military, and developments in land, marine, and aerospace defense technology.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the military lighting market by military lighting (interior lighting, exterior lighting, and others), type (LED and non-LED), end use industry (ground, marine, and airborne),and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Military Lighting Market, Military Lighting Market Size, Military Lighting Market Growth, Military Lighting Market Analysis, Military Lighting Market Report, Military Lighting Market Share, Military Lighting Market Trends, Military Lighting Market Forecast, Military Lighting Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.