Heliport Lighting Market will grow at 4.31% CAGR during 2021-2025 | North America to emerge as key region | Discover more insights by Technavio

NEW YORK, Sept. 29, 2021 /PRNewswire/ — The heliport lighting market is set to grow by USD 18.93 million and…

NEW YORK, Sept. 29, 2021 /PRNewswire/ — The heliport lighting market is set to grow by USD 18.93 million and accelerate at a CAGR of 4.31% during from 2021 to 2025. This market research report by Technavio offers key insights into the latest drivers, challenges, and trends, as well as an analysis of the best-performing regions and market segments.

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Drivers and Challenges

Technavio has identified the major drivers and challenges that impact the heliport lighting market. According to our research, the varied use of heliports is driving the market. However, factors such as heliport planning and design difficulties may restrict the market growth during the forecast period.

COVID-19 impact

The COVID-19 pandemic brought the world to a standstill and impacted many markets and industries in different ways. Technavio’s report market provides a thorough analysis of the effect of the pandemic on the heliport lighting market. The business impact of COVID-19 on the heliport lighting market during 2021-2025 is expected to result in negative and inferior growth.

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Market Segmentation

The heliport lighting market has been segmented by geography into North America, Europe, APAC, South America, and MEA. North America will lead the market during the forecast period, with the US being the key revenue-generating economy. 

Based on technology, the heliport lighting market has been segmented into LED lighting and traditional lighting.

Some of the Key Vendors and Offerings:

Technavio has identified key vendors operating in the market. These include ADB SAFEGATE, atg airports Ltd., Eaton Corp. Plc, Flight Light Inc., Honeywell International Inc., Point Lighting Corp., PROMIC, Sealite Pty Ltd., TKH Group NV, and Youyang Airport Lighting Equipment Inc. The key offerings of some of these vendors are mentioned below:

  • ADB SAFEGATE: The company offers heliport lighting such as EHP L LED elevated heliport perimeter light, F30 heliport beacon, FTO heliport LI omnidirectional light, and others.
  • atg airports Ltd.: The company offers heliport lighting such as FATO, TLOF, Approach, and Taxiway.
  • Eaton Corp. Plc: The company offers heliport lighting, namely PRO APF AGS LED Airfield Guidance Signs.

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Related Reports:

Industrial Lighting Market by Type and Geography – Forecast and Analysis 2021-2025

General Lighting Market by Product, Application, and Geography – Forecast and Analysis 2021-2025

Scope of Heliport Lighting Market Report:

Report coverage

Details

Base Year

2020

Forecast Period

2021-2025

Incremental Growth

$ 18.93 million

CAGR

Accelerate at 4.31%

No. of Pages

120

Segmentation

By geography:-

  • North America
  • Europe
  • APAC
  • South America
  • MEA

By technology:-

  • LED lighting
  • Traditional lighting

Drivers

  • Varied use of heliports
  • Advantages of LED technology
  • Preference for solar-powered LED panels

Challenges

  • Heliport planning and design difficulties
  • High import duties on LED lights
  • Noise limitations in urban areas

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Table of Content:

Executive Summary

Market Landscape

  • Market ecosystem
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2020
  • Market outlook: Forecast for 2020 – 2025

Five Forces Analysis

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

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About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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