The global beacon lights market is projected to grow due to expansion of overall industrial sector and development of the global defense communication industry. Transparency Market Research (TMR) studies the trajectory the global market for beacon lights is likely to exhibit over the period 2017 – 2025. The report “Beacon Lights Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 – 2025,” covers all the current and future market trends influencing the uptake of Beacon Lights.
Beacons are the strong lights that are intentionally projected into sky and can be even noticed by people from distance. These lights are used to attract the attention of people in specific locations. They can be combined with various types of indicators such as semaphoric to provide important information including weather projection from top of a tall building and status of airport to airplanes for the airport beacon. Due to such applications, beacons are also considered as the optical telegraphy. The beacon lights market growth is directly dependent of development of the defense communication market and overall industrial sector.
Based on applications the global beacon lights market can be segmented into navigation, defense communication, industrial sector, and others. Of these, the defense communication segment held a leading share in the overall market owing to its various applications such as controlling patrol vehicle, recognizing the location of enemy troops, providing visibility to troops during night hours, and the provision of warning during the incursions. However, the industrial sector is anticipated to exhibit impressive growth rate over the forecast period. Based on the product type, the beacon lights market can be segmented into xenon beacon light, halogen beacon light, and LED beacon light. These segmentation of the overall market is organized into comprehensible format to provide in-depth analysis of the market.
Geographically, the global market for beacon lights can be segmented into Latin America, Middle East and Africa, Asia Pacific, North America, and Europe. However, Asia Pacific has emerged as the leading contributor to the global market. Asia Pacific is the largest exporter of goods across the world. These exports are mostly carried out through seaways. For better export and import facilities, active ports and dockyards need advanced lighthouses and navigation systems. Furthermore, densely populated countries such as Japan, China, and India are demanding for developed emergency services such as fire vehicles and ambulances, further helping the regional market to grow.
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Some of the prominent players operating in the beacon lights market includes WERMA Signaltechnik (Germany), Schneider Electric (France), NSI International (The U.S.), ESAFETY LIGHTS (The U.S.), Federal Signal Corporation (The U.S.), Honeywell (The U.S.), and General Electric (The U.S.). These players are constantly focusing on product innovations to sustain their position in the market. This report provides information of these players, which can help the readers to understand the market more deliberately.