PUBLISHER: Lucintel | PRODUCT CODE: 1417256
PUBLISHER: Lucintel | PRODUCT CODE: 1417256
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 $0.8 billion by 2030 with a CAGR of 7.0% from 2024 to 2030. The major drivers for this market are growing need for lighting options that use less energy and ongoing technical improvement and improved government spending and attention on installing energy-efficient lighting, as well as developments in LED technology.
A more than 150-page report is developed to help in your business decisions.
Military Lighting by Segment
The study includes a forecast for the global military lighting by product, type, end useindustry, and region.
List of Military Lighting Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies military lighting companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the military lighting companies profiled in this report include-
Military Lighting Market Insights
Lucintel forecasts that interior lighting is expected to witness highest growth over the forecast period due to enhanced use of cockpit lights in many scenarios, such as maintaining night vision to see outside aircraft drives.
APAC is expected to witness highest growth over the forecast period due to expanding rising economies, modernization of the military, and developments in land, marine, and aerospace defense technology.
Features of the Global Military Lighting Market
Market Size Estimates: Military lighting market size estimation in terms of value ($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.
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.