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Obstruction Lighting Trends and Forecast
The future of the global obstruction lighting market looks promising with opportunities in the high building and tower, airport, and cranes & infrastructure markets. The global obstruction lighting market is expected to reach an estimated $1.9 billion by 2030 with a CAGR of 8.3% from 2024 to 2030. The major drivers for this market are governments worldwide are implementing stricter regulations requiring obstruction lighting for various structures, including buildings, towers, wind turbines, and communication masts, rapid growth of cities and infrastructure projects globally, as well as, increased awareness of aviation safety issues and the potential consequences of collisions with unlit obstacles.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Obstruction Lighting by Segment
The study includes a forecast for the global obstruction lighting by type, application, and region.
Obstruction Lighting Market by Type [Shipment Analysis by Value from 2018 to 2030]:
• LED Lights
• Incandescent Lights
• Others
Obstruction Lighting Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• High Buildings And Towers
• Airports
• Cranes & Infrastructures
• Others
Obstruction Lighting Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Obstruction Lighting Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies obstruction lighting companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the obstruction lighting companies profiled in this report include-
• Hughey & Phillips
• Dialight
• TWR Lighting
• International Tower Lighting
• Flash Technology
• Copper Industries
• Unimar
• Avlite
• Excelitas Technologies
• Hubbell Industrial
Obstruction Lighting
Lucintel forecasts that LED light is expected to witness the higher growth over the forecast period because they often have two to three times more luminous efficacies than traditional mercury vapor lamps, which have a very poor efficacy of 15 lumens per watt (lm/W) and LED obstruction lights are the favored option owing to their lower power consumption.
North America will remain the largest region over the forecast period because of development of airports, rising construction industry, growing infrastructural projects, and increase in funding for these projects by government bodies.
Features of the Global Obstruction Lighting Market
Market Size Estimates: Obstruction lighting market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Obstruction lighting market size by type, application, and region in terms of value ($B).
Regional Analysis: Obstruction lighting market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different type, application, and regions for the obstruction lighting market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the obstruction lighting market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the obstruction lighting market size?
Answer: The global obstruction lighting market is expected to reach an estimated $1.9 billion by 2030.
Q2. What is the growth forecast for obstruction lighting market?
Answer: The global obstruction lighting market is expected to grow with a CAGR of 8.3% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the obstruction lighting market?
Answer: The major drivers for this market are governments worldwide are implementing stricter regulations requiring obstruction lighting for various structures, including buildings, towers, wind turbines, and communication masts, rapid growth of cities and infrastructure projects globally, as well as, increased awareness of aviation safety issues and the potential consequences of collisions with unlit obstacles.
Q4. What are the major segments for obstruction lighting market?
Answer: The future of the global obstruction lighting market looks promising with opportunities in the high building and tower, airport, and cranes & infrastructure markets.
Q5. Who are the key obstruction lighting market companies?
Answer: Some of the key obstruction lighting companies are as follows:
• Hughey & Phillips
• Dialight
• TWR Lighting
• International Tower Lighting
• Flash Technology
• Copper Industries
• Unimar
• Avlite
• Excelitas Technologies
• Hubbell Industrial
Q6. Which obstruction lighting market segment will be the largest in future?
Answer: Lucintel forecasts that LED light is expected to witness the higher growth over the forecast period because they often have two to three times more luminous efficacies than traditional mercury vapor lamps, which have a very poor efficacy of 15 lumens per watt (lm/W) and LED obstruction lights are the favored option owing to their lower power consumption.
Q7. In obstruction lighting market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region over the forecast period because of development of airports, rising construction industry, growing infrastructural projects, and increase in funding for these projects by government bodies.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the obstruction lighting market by type (LED lights, incandescent lights, and others), application (high buildings and towers, airports, cranes & infrastructures, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Obstruction Lighting Market, Obstruction Lighting Market Size, Obstruction Lighting Market Growth, Obstruction Lighting Market Analysis, Obstruction Lighting Market Report, Obstruction Lighting Market Share, Obstruction Lighting Market Trends, Obstruction Lighting Market Forecast, Obstruction Lighting Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.
Table of Contents
1. Executive Summary
2. Global Obstruction Lighting Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Obstruction Lighting Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Obstruction Lighting Market by Type
3.3.1: LED Lights
3.3.2: Incandescent Lights
3.3.3: Others
3.4: Global Obstruction Lighting Market by Application
3.4.1: High Buildings and Towers
3.4.2: Airports
3.4.3: Cranes & Infrastructures
3.4.4: Others
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Obstruction Lighting Market by Region
4.2: North American Obstruction Lighting Market
4.2.2: North American Obstruction Lighting Market by Application: High Buildings and Towers, Airports, Cranes & Infrastructures, and Others
4.3: European Obstruction Lighting Market
4.3.1: European Obstruction Lighting Market by Type: LED Lights, Incandescent Lights, and Others
4.3.2: European Obstruction Lighting Market by Application: High Buildings and Towers, Airports, Cranes & Infrastructures, and Others
4.4: APAC Obstruction Lighting Market
4.4.1: APAC Obstruction Lighting Market by Type: LED Lights, Incandescent Lights, and Others
4.4.2: APAC Obstruction Lighting Market by Application: High Buildings and Towers, Airports, Cranes & Infrastructures, and Others
4.5: ROW Obstruction Lighting Market
4.5.1: ROW Obstruction Lighting Market by Type: LED Lights, Incandescent Lights, and Others
4.5.2: ROW Obstruction Lighting Market by Application: High Buildings and Towers, Airports, Cranes & Infrastructures, and Others
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Obstruction Lighting Market by Type
6.1.2: Growth Opportunities for the Global Obstruction Lighting Market by Application
6.1.3: Growth Opportunities for the Global Obstruction Lighting Market by Region
6.2: Emerging Trends in the Global Obstruction Lighting Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Obstruction Lighting Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Obstruction Lighting Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: Hughey & Phillips
7.2: Dialight
7.3: TWR Lighting
7.4: International Tower Lighting
7.5: Flash Technology
7.6: Copper Industries
7.7: Unimar
7.8: Avlite
7.9: Excelitas Technologies
7.10: Hubbell Industrial
.
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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
In-depth interviews of the major players in this market
Detailed secondary research from competitors’ financial statements and published data
Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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