The Military Lighting Market Size was valued at USD 0.614 billion in 2022 and is expected to reach USD 0.89 billion by 2030 with an emerging CAGR of 4.95% over the forecast period 2023-2030.
When not in operation, military lighting systems and equipment are used at bases and by personnel. They are essential military components. Portable illumination, torches, floodlights, and infrared and night vision technologies are all available from military lighting equipment and technology companies. Lighting can be either temporary or permanent, depending on the situation. Lighting is connected to the main supply in a permanent base, however on an exercise, lighting cannot always be achieved through the main energy supply, thus other means, such as solar powered lights or battery lights, must be implemented. Lighting for security, streets, vehicles, tanks, bunkers, patrolling and 24X7 monitoring, military residential uses, and a range of other applications are all required for military lighting installation.
To get more information on Military Lighting Market - Request Free Sample Report
MARKET DYNAMICS
KEY DRIVERS
Efficient Replacement for Incandescent and Fluorescent Lighting
Soldier System Modernization and Combat Vehicle/Military Aircraft/Naval Ship Upgrade
RESTRAINTS
Issues Related to LED lights Longer Lifespan
Existing Backlogs In defense
OPPORTUNITIES
LED Lighting Compatibility with Military Operations
Demand for Intelligent Military Lighting Solutions is Growing
CHALLENGES
Defense has a high initial cost and existing backlogs.
IMPACT OF COVID-19
The COVID-19 epidemic has reduced military lighting market share, with manufacturing activities temporarily halted across major manufacturing hubs, leading in a substantial production slowdown. People are becoming increasingly isolated as a result of new limitations on public gatherings and travel. Due to supply chain disruptions, stock market volatility, and aeroplane groundings, businesses in the military lighting industry are also feeling the consequences of the COVID-19 epidemic. It has had a direct influence on the production and demand for military lights, generating supply chain and market disruption. As airports close due to lockdown limitations, the usage of military lights ceases, reducing the size of the military lighting market.
The military lighting industry has been divided into three categories based on the platform: ground, airborne, and marine. Due to rising demand for military aircraft and unmanned aerial vehicles (UAVs) in emerging markets, the airborne segment is expected to account for the lion's share of the market. Furthermore, many technical advancement efforts by industrialised countries, such as the United States, to include night-vision compatibility in military aircraft lighting systems are projected to fuel this market.
The LED sector is likely to lead the military lighting market in terms of technology. Growing understanding of the different advantages of LED lights over traditional incandescent and fluorescent lights is leading to a greater use of LED lights in military applications.
According to solution, the military lighting market's services category is expected to develop the fastest during the forecast period. Because the bulk of military applications are projected to be required to retrofit LED lights in their systems, the industry is expecting a considerable demand for retrofitting services. Furthermore, because LED lights have a lifespan of about 5 years, these lights will require ongoing maintenance.
Military bases require strict premise security, patrolling, and 24-hour observation. Military lighting has a direct impact on the security of the property, hence it is also considered vital in military situations. Military zones are akin to small cities in terms of lighting uses, with military lights not only limited to perimeter security but also within developed regions. Lighting for security, roadways, vehicles, tanks, bunkers, military housing, and a variety of other areas is required for military lighting installation. Military lighting systems are highly trustworthy, energy efficient, and long-lasting due to security considerations, offering sophisticated dim lighting.
Military lighting has always been important, but in recent years, governments all over the world have shifted their focus to providing more effective military lighting in their different governance. The military lighting market is predicted to rise significantly and achieve double-digit growth during the forecast period, owing to increased demand for improved lighting technologies for military applications.
By Application
Ground
Airborne
Marine
By Technology
LED
Non-LED
By Type
Halogen
LCD
LED
OLED
Others
By Solution
Hardware
Software
Services
Need any customization research on Military Lighting Market - Enquiry Now
REGIONAL ANALYSIS
North America, Latin America, Western Europe, Eastern Europe, China, Japan, SEA, and other Asia Pacific countries, as well as the Middle East and Africa. Countries in North America, Europe, and Asia Pacific are likely to considerably utilise Military Lighting solutions during the projection period. During the forecast period, the North America region is likely to lead the Military Lighting market.
Rising military upgrades in LED applications such as retrofitting of LED lights in the marine segment and military airports, as well as the adoption of LED lights for airborne and other applications, are expected to drive the North America Military Lighting market, accounting for the majority of market share during the forecast period.
The Asia Pacific Military Lighting Market is also expected to grow significantly in the future years.
Advances in Asia Pacific aviation, ground, and marine platforms are driving to the adoption of improved aircraft Military Lighting systems as a result of the Military Lighting Market's modernisation.
The aforementioned factors are projected to drive the growth of the Asia Pacific Military Lighting Market. Furthermore, countries such as India, China, and Japan are likely to make advancements in defence technologies connected to land, sea, and air force in terms of Military Lighting.
REGIONAL COVERAGE:
North America
USA
Canada
Mexico
Europe
Germany
UK
France
Italy
Spain
The Netherlands
Rest of Europe
Asia-Pacific
Japan
south Korea
China
India
Australia
Rest of Asia-Pacific
The Middle East & Africa
Israel
UAE
South Africa
Rest of Middle East & Africa
Latin America
Brazil
Argentina
Rest of Latin America
The Major Players are Orion Energy Systems, Larson Electronics, Deco Lighting, Honeywell,Rockwell Collins, Lunar Lighting, Osram, United Technologies, Revolution Lighting Technologies, Laminators technologies & Other Players
Orion Energy Systems-Company Financial Analysis
Report Attributes | Details |
---|---|
Market Size in 2022 | US$ 0.61 Billion |
Market Size by 2030 | US$ 0.89 Billion |
CAGR | CAGR of 4.95% From 2023 to 2030 |
Base Year | 2022 |
Forecast Period | 2023-2030 |
Historical Data | 2020-2021 |
Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
Key Segments | • By Application (Ground, Airborne, and Marine) • By Technology (LED and Non-LED) • By Type (Halogen, LCD, LED, OLED, and Others) • By Solution (Hardware, Software, and Services) |
Regional Analysis/Coverage | North America (USA, Canada, Mexico), Europe (Germany, UK, France, Italy, Spain, Netherlands, Rest of Europe), Asia-Pacific (Japan, South Korea, China, India, Australia, Rest of Asia-Pacific), The Middle East & Africa (Israel, UAE, South Africa, Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America) |
Company Profiles | Orion Energy Systems, Larson Electronics, Deco Lighting, Honeywell,Rockwell Collins, Lunar Lighting, Osram, United Technologies, Revolution Lighting Technologies, Laminators technologies. |
DRIVERS | • Efficient Replacement for Incandescent and Fluorescent Lighting • Soldier System Modernization and Combat Vehicle/Military Aircraft/Naval Ship Upgrade |
RESTRAINTS | • Issues Related to LED lights Longer Lifespan • Existing Backlogs In defense |
Military Lighting Market Size was valued at USD 0.614 billion in 2022, expected to reach USD 0.89 billion by 2030, and grow at a CAGR of 4.95% over the forecast period 2023-2030.
North America, Europe, Asia-Pacific, The Middle East & Africa, Latin America are the major region cover.
The sample for the Military Lighting Market is available on the website upon request. To obtain the sample report, you can also use the 24*7 chat support and direct call services.
Yes, this report cover top down, bottom up Quantitative Research.Qualitative Research, Fundamental Research, data triangulation, ID’s & FGD’s Analytical research, And other as per report requirement.
Manufacturers/Service provider, Consultant, Association, Research institute, private and universities libraries, Suppliers and Distributors of the product.
Table of Contents
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.2 Impact of Ukraine- Russia war
4.3 Impact of ongoing Recession
4.3.1 Introduction
4.3.2 Impact on major economies
4.3.2.1 US
4.3.2.2 Canada
4.3.2.3 Germany
4.3.2.4 France
4.3.2.5 United Kingdom
4.3.2.6 China
4.3.2.7 Japan
4.3.2.8 South Korea
4.3.2.9 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Military Lighting Market Segmentation, by Application
8.1 Ground
8.2 Airborne
8.3 Marine
9. Military Lighting Market Segmentation, by Technology
9.1 LED
9.2 Non-LED
10. Military Lighting Market Segmentation, by Type
10.1 Halogen
10.2 LCD
10.3 LED
10.4 OLED
10.5 Others
11. Military Lighting Market Segmentation, by Solution
11.1 Hardware
11.2 Software
11.3 Services
12. Regional Analysis
12.1 Introduction
12.2 North America
12.2.1 USA
12.2.2 Canada
12.2.3 Mexico
12.3 Europe
12.3.1 Germany
12.3.2 UK
12.3.3 France
12.3.4 Italy
12.3.5 Spain
12.3.6 The Netherlands
12.3.7 Rest of Europe
12.4 Asia-Pacific
12.4.1 Japan
12.4.2 South Korea
12.4.3 China
12.4.4 India
12.4.5 Australia
12.4.6 Rest of Asia-Pacific
12.5 The Middle East & Africa
12.5.1 Israel
12.5.2 UAE
12.5.3 South Africa
12.5.4 Rest
12.6 Latin America
12.6.1 Brazil
12.6.2 Argentina
12.6.3 Rest of Latin America
13. Company Profiles
13.1 Revolution Lighting Technologies
13.1.1 Financial
13.1.2 Products/ Services Offered
13.1.3 SWOT Analysis
13.1.4 The SNS view
13.2 Deco Lighting
13.3 Honeywell
13.4 Rockwell Collins
13.5 Lunar Lighting
13.6 Osram
13.7 United Technologies
13.8 Orion Energy Systems
13.9 Laminators technologies
13.10 Larson Electronics
14. Competitive Landscape
14.1 Competitive Benchmarking
14.2 Market Share Analysis
14.3 Recent Developments
15. Conclusion
An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.
Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.
The 5 steps process:
Step 1: Secondary Research:
Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.
Step 2: Primary Research
When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data. This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.
We at SNS Insider have divided Primary Research into 2 parts.
Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.
This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.
Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.
Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.
Step 3: Data Bank Validation
Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.
Step 4: QA/QC Process
After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.
Step 5: Final QC/QA Process:
This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.
The Aircraft MRO Market Size was valued at USD 81.25 billion in 2023 and is expected to reach USD 120.77 billion by 2031 and grow at a CAGR of 5.10% over the forecast period 2024-2031.
The Soldier Modernization Market Size was valued at USD 14.60 billion in 2023 and is expected to reach USD 19.8 billion by 2032, growing at a CAGR of 5.7% from 2024-2032.
The Research Department Explosive Market Size was valued at USD 11.01 billion in 2023 and is expected to reach USD 15.14 billion by 2032 with a growing CAGR of 3.6% over the forecast period 2024-2032.
The Air and Missile Defense Radar (AMDR) Market was valued at USD 7.67 billion in 2023 and is projected to grow to USD 13.4 billion by 2032, achieving a CAGR of 6.34 % over the forecast period from 2024 to 2032.
The Aircraft Transparencies Market size was valued at USD 1.4 Billion in 2023 & is estimated to reach USD 2.3 Billion by 2030 with a growing CAGR of 5.77% Over the Forecast period of 2024-2032.
The Ground Support Equipment Market Size was valued at US$ 5.92 billion in 2023 and is expected to reach USD 8.99 billion by 2032 with a growing CAGR of 4.75% over the forecast period 2024-2032.
Hi! Click one of our member below to chat on Phone