Military Lighting Market expected to reach $615.2 million by 2023

1

• According to the latest market research report
  the Military Lighting Market is projected to
  grow from an estimated USD 484.5 million in 2018
  to USD 615.2 million by 2023, at a CAGR of 4.89
• from 2018 to 2023. The major
• factors which are expected to act as major
  drivers are the increased awareness relating
  to energy saving characteristics of LED lights,
  focus of governments across the globe on the
  improvement of efficiency, reducing costs, and
  advancements in LED lighting technologies. These
  factors are expected to drive the growth of the
  market during the forecast period
• from 2018 to 2023. The military lighting market
  has been segmented based on platform,
  application, technology, solution, and region.
• Download PDF Brochure _at_ https//www.marketsandmar
  kets.com/pdfdownloadNew.asp?id220722552 Target
  Audience for this Report
• Military Lighting Manufactures
• Providers or Suppliers of Military Lighting Parts
• Manufacturers of Sub-components of Military
  Lighting
• Retailers, Distributors, and Wholesalers of
  Military Lighting Parts Structures
• Manufacturers of Defense Components
• Manufacturers of Aerospace Components
• System Integrators
• Military Lighting Associations Government
  Bodies
• Based on the platform, the military lighting
  market has been segmented into ground, airborne,
  and marine. The airborne segment is estimated to
  account for the largest share of the market in
  2018 due to the growing demand for military
  aircraft and UAVs from emerging countries. In
  addition to this, various technological
  upgradation programs by developed countries, such
  as the US to include night- vision-compatibility
  in the lighting systems of their military
  aircraft are expected to drive this market.
• Based on technology, the LED segment is expected
  to lead the military lighting market. Growing
  awareness about various benefits of LED lights
  over traditional incandescent and fluorescent
  lights is leading to the higher adoption of
  LED lights in military services.

2
Based on solution, the services segment of the
military lighting market is projected to witness
the higher growth during the forecast period.
Since a majority of the military applications
are expected to be required to retrofit LED
lights in their systems, a significant demand
for retrofitting services is expected in the
industry. Also, since the life time of LED
lights is around 5 years, continuous maintenance
services for these lights will be required. The
military lighting market has been studied for
North America, Europe, Asia Pacific, Middle
East, and Rest of the World (RoW). The North
America region is expected to lead the market in
2018 North America is expected to be a major
military lighting market due to the high demand
for retrofitting LED lights in present military
applications and the inclusion of LED lights in
new military systems. Products offered by various
companies operating in the military lighting
market have been listed in the report. The
recent developments section of the report
provides information on the strategies adopted
by various companies between November 2013 and
October 2018 to strengthen their positions in the
market. Key Market Players Major players in the
military lighting market are Oxley Developments
Company Ltd (UK), Astronics (US), STG Aerospace
(UK), Orion Energy Systems, Inc. (US), Carmanah
Technologies Corporation (Canada), Glamox
International (Norway), OSRAM GmbH (Germany),
Revolution Lighting Technologies, Inc. (US),
Acuity Brands, Inc. (US), ATG Airports Limited
(UK), Avlite Systems (Australia), ADB Safegate
(Belgium). Ask for Sample Report _at_
https//www.marketsandmarkets.com/requestsampleNew
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