PUBLISHER: Polaris Market Research | PRODUCT CODE: 1150012
PUBLISHER: Polaris Market Research | PRODUCT CODE: 1150012
The global military lighting market size is expected to reach USD 1,007.82 million by 2030 according to a new study by Polaris Market Research. The report "Military Lighting Market Share, Size, Trends, Industry Analysis Report, By Product (Interior, Exterior, Others); By Type (LED, Non-LED); By End-Use (Ground, Marine, Airborne); By Region; Segment Forecast, 2022 - 2030" gives a detailed insight into current market dynamics and provides analysis on future market growth.
Increasing demand for energy-efficient lighting solutions in military applications, increasing utilization of LEDs, rising concerns over the safety and security of troops and equipment, and growing needs for advanced lighting systems in combat zones are the factors attributing to the growth of the military lighting market.
Moreover, increased government focus and spending on installing efficient lighting and advancements in lighting technologies tend to decrease the overall manufacturing cost of military lighting, which is positively impacted the overall market.
Growing applications of LEDs, such as flexibility, high energy efficiency, low voltage operations, long life span, and directionality of lighting, have anticipated the market's growth.
Additionally, rising awareness of solar lights due to their low cost, ease of installation, and several applications, such as their durability and reliability, have driven the market's growth. For instance, Sol, a subsidiary of Sunna Design, designed solar perimeter lights for military uses, ensuring uninterrupted operations during blackouts or security threats.
Military Lighting Market Report Highlights
The Interior lighting segment projected the largest market share due to the increased utilization of cockpit lights in many situations, like keeping night vision to view outside aircraft drives.
The LED segments are the fastest moving compared to the non-LED type because LEDs provide several advantages, such as a longer lifespan, better efficiency, and enhanced resistance to hostile environments, which has led to the growth of the LED segment.
Ground segment holds a significant market share due to growing demand for ground-based operations. Also, this lighting helps to improve visibility for military forces operating in difficult low-light conditions.
Asia Pacific is expected to acquire the second-largest market share due to growing emerging economies, military system modernization, and advancements in defense technologies related to land, marine, and air force in terms of revenue.
The global market is highly competitive owing to the existence of large industry players with a global presence, including Acuity Brands Lighting, ADB Safegate, Astronics, ATG Airports Limited, Avlite Systems, Carmanah Technologies, Cobham, Glamox, Honeywell, L. C. Doane Company, Luminator Technology, Orion Energy Systems, and Osram Licht.
Polaris Market Research has segmented the military lighting market report based on product, type, end-use, and regions:
Military Lighting, Product Outlook (Revenue - USD Million, 2018 - 2030)
Interior Lighting
Exterior Lighting
Others
Military Lighting, Type Outlook (Revenue - USD Million, 2018 - 2030)
LED
Non-LED
Military Lighting, End-Use Outlook (Revenue - USD Million, 2018 - 2030)
Ground
Marine
Airborne
Military Lighting, Regional Outlook (Revenue - USD Million, 2018 - 2030)
North America
U.S
Canada
Europe
Germany
UK
France
Italy
Spain
Russia
Netherlands
Asia Pacific
China
India
Japan
South Korea
Indonesia
Malaysia
Latin America
Argentina
Brazil
Mexico
Middle East & Africa
UAE
Saudi Arabia
Israel
South Africa
Figure 1. Global Military Lighting Market, 2018 - 2030 (USD Million)
Figure 2. Integrated Ecosystem
Figure 3. Research Methodology: Top-Down & Bottom-Up Approach
Figure 4. Market by Geography
Figure 5. Porter's Five Forces
Figure 6. Market by Type
Figure 7. Global Military Lighting Market, by Type, 2021 & 2030 (USD Million)
Figure 8. Market by Product
Figure 9. Global Military Lighting Market, by Product, 2021 & 2030 (USD Million)
Figure 10. Market by End-Use
Figure 11. Global Military Lighting Market, by End-Use, 2021 & 2030 (USD Million)
Figure 12. Military Lighting Market Assessment, By Geography, 2018 - 2030 (USD Million)
Figure 13. Strategic Analysis - Military Lighting Market