Military Lighting Market – Business Opportunities and Global Forecast to 2027 - PowerPoint PPT Presentation

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Military Lighting Market – Business Opportunities and Global Forecast to 2027

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The military lighting market is projected to grow from USD 559 million in 2022 to USD 807 million by 2027, at a CAGR of 7.6% from 2022 to 2027. – PowerPoint PPT presentation

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Title: Military Lighting Market – Business Opportunities and Global Forecast to 2027


1
Military Lighting Market worth 807 Million by
2027 at a CAGR of 7.6
This report provides an analysis of the military
lighting market from 2019 to 2027. It
discusses industry and technological trends that
are currently prevailing market. It analyses
factors driving and restraining the growth of
this market, as well as the challenges faced
it. The market is estimated to be USD 559million
in 2022and
in the
is projected to reach USD 807million by 2027, at
a CAGR of 7.6 during the forecast period. Key
factors fueling the growth of
include modern
growing defense
this market demand for equipment.
Download PDF Brochure _at_ https//www.marketsandmark
ets.com/pdfdownloadNew.asp?id220722552 Key
Market Players Key players in the military
lighting market include Astronics Corp. (US),
Honeywell International (US), Raytheon
Technologies (US), Glamox (Norway), and Orion
Energy Systems (US). The players are mainly
resorted to contracts to drive their growth in
the military lighting market. Players also
focused on entering new markets by launching
technologically advanced and cost-effective
products. The military lighting market has been
segmented based on type into LED and non- LED.
Traditional incandescent and fluorescent lighting
have been dominating the military lighting
market. However, with growing awareness about the
advantages of LEDs over traditional lights, the
market is increasingly occupied by LEDs. LEDs are
longer lasting, appear brighter, and are more
versatile and more durable than incandescent and
compact fluorescent lighting (CFL), making them a
logical choice for many lighting needs in harsh
military environments. There is a growing trend
of miniaturization in military technologies,
with smart resource utilization and cost-
efficiency always being the priority areas. LEDs
with optimized thermal management solutions are
a natural fit for many military applications.
2
The product segment has been segmented as
interior lighting, exterior lighting, and
others. Interior lighting primarily includes
cockpit and cabin lights whereas the exterior
lighting includes anti-collision lights, wing
engine inspection lights, hoovering lights,
formation lights obstruction lights, among
others. Based on end use, the military lighting
market is segmented into airborne, which
includes fighter aircraft, transport aircraft,
military helicopters, special mission aircraft,
and unmanned aerial vehicles (UAVs) marine,
which includes destroyers, frigates, corvettes,
amphibious ships, submarines aircraft carrier
and ground, which includes armored vehicle,
military shelter, soldier, and airfield
lighting. Ask for Sample Report
_at_ https//www.marketsandmarkets.com/requestsampleN
ew.asp?id220722552
About MarketsandMarkets MarketsandMarkets
provides quantified B2B research on 30,000 high
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understanding of the unmet insights along with
market sizing and forecasts of niche
markets. Contact Mr. Aashish Mehra
MarketsandMarkets INC. 630 Dundee Road Suite
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