Military Lighting Market

Market Leader - Military Lighting Market

Military lights are lights installed on ground, airborne and marine vehicles. The military lights can be further classified into exterior and interior lights. All these lights are used to improve safety, navigation, and visibility. According to the latest estimates, the market is projected to grow from USD 559 million in 2022 to USD 807 million by 2027, at a CAGR of 7.6%.

The demand for military lighting has been growing at a very rapid pace in the past decade owing to the increasing military spending globally. Unlike other markets, the military lighting market has not been as much affected by the COVID-19 pandemic since there was no decrease in the defense budgets of major countries. The military lighting market is catered to by solution providers in the military lighting space. Military lighting is an evolving market with most enhancements aimed at increasing the efficiency of lights and decreasing maintenance costs.

To know about the assumptions considered for the study download the pdf brochure

Key players in the military lighting market include Astronics Corp. (US), Honeywell International (US), Raytheon Technologies (US), Glamox (Norway), and Orion Energy Systems (US). These players have been focusing on securing government contracts for their organic growth. Their core competencies include high investments in R&D activities.

Astronics is a leading supplier of products to the aerospace, defense, electronics, and semiconductor industries. The company’s product portfolio includes advanced, high-performance electrical power generation and distribution systems, avionic products, military structures, and automatic test systems, among others. It has five business segments, namely, test, military aircraft, business jet, commercial aerospace, and other. Astronics offers electrical power systems, seat actuation systems, airfield lighting, in-flight entertainment & connectivity, and military lighting systems, among others, through its commercial aerospace segment. It has 10 subsidiaries and is operational in North America, Europe, Asia, and South America.

Honeywell International is a leading manufacturer and service provider of aerospace, turbocharging, sensing, and security technologies, as well as advanced materials globally. The company operates through four business segments, namely, aerospace, building technologies, performance materials & technologies, and safety & productivity solutions. Through its aerospace segment, the company provides military engines, integrated avionics, systems and service solutions, inflight entertainment and connectivity solutions, and related products and services to military manufacturers, airlines, military operators, military services, and defense and space contractors. Honeywell is investing in emerging markets such as China, India, Latin America, and the Middle East.

Raytheon Technologies Corporation is a worldwide American aerospace and military company with its headquarters in Waltham, Massachusetts. By sales and market capitalization, the company is among the biggest aerospace, intelligence services, and defense companies in the world. In the aerospace and military sectors, the company develops and produces high-tech products such as drones, guided missiles, air defense systems, satellites, aircraft engines, avionics, and aerostructures. Raytheon has four business segments—Collins Aerospace Systems, Pratt & Whitney, Raytheon Intelligence & Space, and Raytheon Missiles & Defense.

Collins Aerospace, a unit of Raytheon Technologies Corporation, specializes in the design, production, and support of communication and aviation electronics for military and commercial customers across the globe. Collins provides interior and exterior LED systems with robust, lightweight design, longevity, and reliability. These LED systems reduce maintenance and operating costs over the life of the aircraft. The company is a leading supplier of interior and exterior lighting products for commercial aircraft, regional and business jets, military aircraft, and helicopters. Aircraft manufacturers and operators benefit from obtaining their entire lighting system from one single source.

Glamox develops, manufactures, and distributes professional lighting solutions for the global market. The Glamox Group is a leading supplier to the global marine and offshore markets and a significant supplier to the professional building market in Europe. Glamox AS is the parent company and has approximately 1,300 employees and presence in several European countries, as well as in Asia, the US, Canada, and Brazil. The Group owns a range of quality lighting brands, including Glamox, Aqua Signal, Luxo, Norselight, and LINKSrechts. Glamox is committed to meeting customer needs and expectations by providing quality products and solutions, services, and support.

Orion Energy Systems, Inc. is a designer and manufacturer of lighting applications. It provides enterprise-grade LED and energy project solutions. The company operates through three segments, namely, US markets, engineered systems, and distribution services. Orion offers its products mainly in the indoor, outdoor, controls, and accessories categories. Currently, all its products are manufactured at the leased production facility in Manitowoc, Wisconsin. In addition, as the LED market continues to evolve, the company increasingly sources products and components from third parties to provide versatility in product development.

Related Reports:

Military Lighting Market by End Use (Ground, Marine, Airborne), Product (LED, Non-LED), Type (Internal Lighting, External Lighting, Others) and Region (North America, Europe, Asia Pacific, Middle East, Rest of the World) - Forecast to 2027

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
[email protected]

Military Lighting Market Size,  Share & Growth Report
Report Code
AS 6529
RI Published ON
8/10/2022
Choose License Type
BUY NOW
ADJACENT MARKETS
REQUEST BUNDLE REPORTS
GET A FREE SAMPLE

This FREE sample includes market data points, ranging from trend analyses to market estimates & forecasts. See for yourself.

SEND ME A FREE SAMPLE
+1-888-600-6441
  • Call Us
  • +1-888-600-6441 (Corporate office hours)
  • +1-888-600-6441 (US/Can toll free)
  • +44-800-368-9399 (UK office hours)
CONNECT WITH US
ABOUT TRUST ONLINE
©2024 MarketsandMarkets Research Private Ltd. All rights reserved
DMCA.com Protection Status