TMCnet News
Navigation Lighting Market Anticipated to Register $51,277.1 Thousand and Grow at 4.2% CAGR in the 2021-2030 Forecast Period [180-Pages] | Research DiveNavigation lighting market to grow by 2030 due to rising govt. initiatives to connect small cities with metro cities via airlines. Marine sub-segment to be highly beneficial. Market in Asia-Pacific region to have better growth opportunities by 2030. NEW YORK, July 22, 2022 /PRNewswire/ -- Research Dive has added a new report to its offering titled, "Navigation Lighting Market by Type (Low Light Intensity, Medium Light Intensity, and High Light Intensity), End-user (Marine and Aerospace), and Regional Outlook (North America, Europe, Asia-Pacific, and LAMEA): Global Opportunity Analysis and Industry Forecast, 2021–2030". According to the report, the global navigation lighting market is estimated to register a revenue of $51,277.1 thousand by 2030, growing at 4.2% CAGR during the forecast period 2021-2030. Access a PDF Sample of Navigation Lighting Market (Including Tables, TOC, and Figures) Dynamics of the Navigation Lighting Market Drivers: Rising demand for air travel among people to reach the destination faster and safely along with significant infrastructure expansion in several airports are some factors anticipated to drive the growth of the global navigation lighting market during the forecast period. Opportunities: Growing investments by the government to connect small and medium cities with metro cities through airline services and increase in the number of idle-income households are some factors expected to offer abundant growth opportunities for the global navigation lighting market by 2030. Restraints: High cost of manufacturing and installing navigation lights is the prime factor to hinder the market growth. Covid-19 Impact on the Navigation Lighting Market The outbreak of the covid-19 pandemic has had a negative impact on the global navigation lighting market just like most industries due to shutdown of several airports and seaports. Strict lockdowns and travel restrictions imposed by governments worldwide led to disruptions in supply chains and availability of raw materials. Moreover, closed international borders caused interruptions in the import-export chains and the aviation industry also witnessed a drop in the number of air travelers due to fast-spreading corona virus across the globe. Different Strategy Planning to grow your Business? Stay Connect with Research Dive Segments of the Market The report has fragmented the navigation lighting market into multiple segments based on type, end-user, and reional analysis.
Key Navigation Lighting Market Players Some key players of the navigation lighting market are
These key players are undertaking various strategies such as product development and enhancement, merger and acquisition, partnerships and collaborations to sustain the market growth. – Buy the Full Report starting at $2999 (Read-Only) For example, in February 2021, the International Aviation Transport Association (IATA), released a mobile phone application for airline passengers that uses navigation lights to direct them to their respective aircrafts and seats. The report also summarizes many important facets including financial performance of the key market players, SWOT analysis, product portfolio, and the latest strategic developments. More about Navigation Lighting Market:
Some Trending Article Links:
About Research Dive Research Dive is a market research firm based in Pune, India. Maintaining the integrity and authenticity of the services, the firm provides the services that are solely based on its exclusive data model, compelled by the 360-degree research methodology, which guarantees comprehensive and accurate analysis. With an unprecedented access to several paid data resources, team of expert researchers, and strict work ethic, the firm offers insights that are extremely precise and reliable. Scrutinizing relevant news releases, government publications, decades of trade data, and technical & white papers, Research dive deliver the required services to its clients well within the required timeframe. Its expertise is focused on examining niche markets, targeting its major driving factors, and spotting threatening hindrances. Complementarily, it also has a seamless collaboration with the major industry aficionado that further offers its research an edge. Contact: Logo: https://mma.prnewswire.com/media/997523/Research_Dive_Logo.jpg |