Technavio released its latest market research report "Global Heliport Lighting Market 2020-2024" (Graphic: Business Wire)
Technavio released its latest market research report "Global Heliport Lighting Market 2020-2024" (Graphic: Business Wire)
LONDON--(BUSINESS WIRE)--According to Technavio data, the global heliport lighting market is expected to grow by USD 10.11 million. Due to the impact of the COVID-19 pandemic in the first half of 2020, this marks a significant slowdown in the market compared to 2019 growth expectations. However, it is expected to grow steadily throughout the forecast period, and the market is expected to grow at a compound annual growth rate of 2%. Request a free sample report on the impact of COVID-19
Read the 120-page report containing TOC "Analysis of the Heliport Lighting Market by Technology (LED Lighting and Traditional Lighting) and Geography (North America, Europe, Asia Pacific, South America, and MEA), and market segment forecasts for 2020-2024 ".
https://www.technavio.com/report/heliport-lighting-market-industry-analysis
The market is driven by the advantages of LED technology. In addition, the preference for solar LED panels is expected to drive the growth of the heliport lighting market.
LED lighting technology is used because it has many advantages over traditional lighting systems. The average lifespan of LEDs is almost 2-4 times longer than that of fluorescent lamps, metal halide lamps and even sodium vapor lamps. Less replacement frequency means lower labor maintenance costs and replacement parts costs. In addition, LEDs generally consume about 50% of the power compared to traditional incandescent, fluorescent, and halogen lamps, which can significantly save energy costs, especially for spaces that need to stay lit for a long time. LED lights have a specific directionality because they are usually installed on a flat surface, which is different from traditional light bulbs, which emit light and heat in all directions. This directional lighting function reduces wasted light and energy. In addition, the absence of filament and glass housing makes LEDs durable and safe because they are not affected by vibration and shock. These advantages are expected to drive market growth during the forecast period.
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Five major heliport lighting companies:
ADB SAFEGATE conducts business in various fields such as boarding gates, airports, towers, service and training, and overall airport management. The company provides a series of products, such as EHP-L-LED overhead heliport peripheral lights, F30-heliport beacon, FTO-heliport LI omnidirectional lights and HBA-helicopter approach path indicator, etc.
atg airport Ltd. operates its business through multiple divisions including lighting solutions, airport control systems, power solutions and turnkey solutions. The company provides a series of airport lighting solutions for FATO-final approach and take-off TLOF-landing and take-off areas and taxiways-aprons. Some products include heliport beacons, ZA293 FATO, ZA295L TLOF and FLOODLIGHT etc.
Eaton conducts business in various fields such as electrical products, electrical systems and services, hydraulics, aerospace, vehicles and electric vehicles. The company provides ERL elevated runway lights, medium-intensity runway side lights, taxiway side lights, medium-intensity threshold lights and heliport peripheral lights used as constant current and constant voltage circuits.
Flight Light Inc. provides a series of durable and cost-effective lighting products, such as airport products, heliport products and obstacle products. The company provides a series of products, such as peripheral and centerline lights (insert), peripheral lights (surface mount), peripheral lights (overhead), explosion-proof and floodlights, etc.
Honeywell International conducts business operations in four divisions: aerospace, honeywell construction technology, high-performance materials and technology, and safety and productivity solutions. The company provides a series of electrical components, such as control and switching equipment (ALS), constant current regulators (CCR 10 digital, CCR 25 digital, CCR 30), transformer modules (TRM 08) and analog measurement units (CAM-AME 2) Used in airport lighting solutions.
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Heliport Lighting Market Technology Outlook (Revenue, USD Million, 2020-2024)
Heliport Lighting Market Regional Outlook (Revenue, USD Million, 2020-2024)
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Technavio Research Jesse Maida Media and Marketing Director United States: 1 844 364 1100 United Kingdom: 44 203 893 3200 Email: media@technavio.com Website: www.technavio.com/
The global heliport lighting market will grow by USD 10.11 million in 2020-2024
Technavio Research Jesse Maida Media and Marketing Director United States: 1 844 364 1100 United Kingdom: 44 203 893 3200 Email: media@technavio.com Website: www.technavio.com/