Military Lighting Market worth $807 Million by 2027 at a CAGR of 7.6%

1. MilitaryLightingMarketworth$807 Million by 2027 at a CAGR of7.6% Thisreportprovidesananalysisofthemilitarylightingmarketfrom2019to2027.It discusses industry and technological trends that are currently prevailing market. It analyses factorsdriving and restraining the growth of this market, as well as the challenges faced it. The market is estimated tobeUSD559millionin2022and in the is projected to reach USD 807million by 2027, at a CAGR of 7.6% during the forecast period. Key factors fueling the growthof this market demand for equipment. include modern growing defense Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=220722552 Key MarketPlayers 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-effectiveproducts. 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 militaryapplications.

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, amongothers. 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 airfieldlighting. Ask for Sample Report@ https://www.marketsandmarkets.com/requestsampleNew.asp?id=220722552 AboutMarketsandMarkets™ MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions. MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. Contact: Mr. Aashish Mehra MarketsandMarkets™INC. 630 DundeeRoad Suite 430 Northbrook, IL60062 USA:1-888-600-6441