Helicopter Lighting Market - Top Leaders, Size, Trends, Growth Rate, SharePosted by Savni on November 4th, 2019 Overview: Helicopter lighting industry serves two main purposes for the rotary-winged aircraft; exterior lighting for navigation, signalling, landing, search & rescue, and collision and the interior lighting serves to provide visibility for instruments, equipment, and cabins. The global helicopter lighting market is expected to witness 3% CAGR during the forecast period (2018-2023) as claims Market Research Future (MRFR) in their latest report on the same. Factors such as inclusion of helicopter emergency egress lighting system (HEELS) is expected to boost the global helicopter lighting industry. The need for modernization, upgrades in defense sector, and safety precautions are factors that can impact the market growth. However, several countries have cut down their defense budget which can restrain the helicopter lighting market growth. Segmentation: MRFR segmented the global helicopter lighting market by technology, vendor, application, and type. This segmentation would give a thorough understanding of the value-wise and volume-wise opportunities that the market players can explore for better strategic decisions. By type, the helicopter lighting market includes interior lighting and exterior lighting. The interior lighting segment consists helicopter emergency egress lights, cockpit & cabin lights, and other lights, whereas, the exterior lighting segment consists navigation lights, anti-collision lights, landing lights, and other lights. The exterior lighting segment owns the majority of the global market, meanwhile the interior lighting segment is touted to grow with the fastest CAGR during the forecast period. By application, the helicopter lighting market comprises civil and military. The civil segment has the maximum market ownership and is expected to rise with the highest CAGR over the review period. Meanwhile, surging demand for military helicopters across the globe, especially in developing countries to better their combat dynamics can improve helicopter lighting market demography. By vendor, the helicopter lighting market is divided into OEM and aftermarket. The OEM segment has the maximum market coverage and their growth is expected to surpass the other segment by quite a margin during the forecast period. This is particularly happening owing to operators showing keen interest in upgrading their helicopters with power-saving and cost-effective lighting systems. By technology, the helicopter lighting market can be segmented into traditional, LED and others. Competitive Landscape: The global helicopter lighting market is gaining substantial mileage from several strategic moves made by market leaders. MRFR, in their recent report on the market, has profiled a few for a clear understanding of the market flow. These companies are Astronics Corporation (US), Aero Dynamix, Inc. (US), DeVore Aviation Corporation of America (US), Collins Aerospace (a part of United Technologies Corporation (US), Cobham plc (UK), Luminator Technology Group (US), Honeywell International Inc. (US), Precise Flight, Inc. (US), Oxley Group (UK), and Whelen Engineering Company, Inc. (US). Access Full Summary of Report: https://www.marketresearchfuture.com/reports/helicopter-lighting-market-7358 About Market Research Future: At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services. MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions. Contact: +1 646 845 9312 Like it? Share it! More by this author |