Global Navigation Lighting Market Research Report 2017 tracks the major market events including product launches, technological developments, mergers & acquisitions, and the innovative business strategies opted by key market players. Along with strategically analyzing the key micro markets, the report also focuses on industry-specific drivers, restraints, opportunities and challenges in the Navigation Lighting market. This research report offers in-depth analysis of the market size (revenue), market share, major market segments, and different geographic regions, forecast for the next five years, key market players, and premium industry trends. It also focuses on the key drivers, restraints, opportunities and challenges.
Leading companies are Glamox, DAEYANG ELECTRIC, Osculati, Aveo Engineering, Hella Marine, Lopolight, Perko, and Vega.
The vast market research data included in the study is the result of extensive primary and secondary research activities. Surveys, personal interviews, and inputs from industry experts form the crux of primary research activities and data collected from trade journals, industry databases, and reputable paid sources form the basis of secondary research. The report also includes a detailed qualitative and quantitative analysis of the market, with the help of information collected from market participants operating across key sectors of the market value chain. A separate analysis of macro- and micro-economic aspects, regulations, and trends influencing the overall development of the market is also included in the report.
Key questions answered in this report are what will the market size be in 2021 and what will the growth rate be? What are the key market trends?, What is driving this market?, What are the challenges to market growth?, Who are the key vendors in this market space?, What are the market opportunities and threats faced by the key vendors?, What are the strengths and weaknesses of the key vendors?
This report provides in-depth analysis of the Navigation Lighting and provides market size (US$ Million) and Cumulative Annual Growth Rate (CAGR (%)) for the forecast period: 2017 – 2021, considering 2016 as the base year. It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market. This study also provides key insights about market drivers, restraints, opportunities, new product launches, approvals, regional outlook, and competitive strategies adopted by the leading players. It profiles leading players in the global Navigation Lighting market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies and future plans Key companies covered as a part of this study include. Insights from this report would allow marketers and management authorities of companies to make informed decision with respect to their future product launches, market expansion, and marketing tactics. The global Navigation Lighting market report caters to various stakeholders in this industry, including investors, device manufacturers, distributors and suppliers for Navigation Lighting equipment, government organizations, research and consulting firms, new entrants, and financial analysts. Various strategy matrices used in analyzing the Navigation Lighting market would provide stakeholders vital inputs to make strategic decisions accordingly.
Available complete report of this research with TOC and List of Figures at: https://www.marketinsightsreports.com/reports/06122399/global-navigation-lighting-market-2017-to-2021
According to the report, one of the major drivers for this market is increase in aircraft fleet. The global aviation industry is expected to grow rapidly after facing a rather sluggish growth in 2014 and 2015. This was due to the combined with a structural shift in the Chinese economy, and decelerated growth in the economy of countries such as Brazil and Russia in 2015. The decline in air fares, owing to the dip in oil prices, benefitted airlines, aircraft manufacturers, and part suppliers. The exhibit given below highlights the decline in the global aerospace industry and its recovery in 2015. The growth is attributed to stable growth in GDP, low prices of crude oil, and increasing demand for passenger travel in the commercial sector of the aerospace industry.
Further, the report states that one of the major factors hindering the growth of this market is collapse of shipbuilding industry in China. The global shipbuilding industry faced a sluggish period in 2016. The demand for new vessels declined by 85% in 2016 over 2015 levels. The global shipping industry declined in 2016, owing to the instability in the Chinese economy and the tumbling of commodity prices. The decline in Chinese growth since 2015 has contributed to the decline in the shipbuilding sector. Further, the decline in oil prices since 2014 has affected the marine operations in terms of imports and exports.