
Military Lighting Market Share, Trends, Revenue, Growth Drivers, Key Players, Challenges and Future Investment Opportunities Till 2034: SPER Market Research
Category :
Semiconductor and Electronics
Published: Jan-2025
Author: SPER Analyst
Global Military Lighting Market is projected to be worth 1373.23 million by 2034 and is anticipated to surge at a CAGR of 7.89%.
Military lighting systems and equipment are used on bases and by soldiers while not in use. They are essential elements of the military. Military lighting equipment and technology manufacturers offer portable illumination, torches, floodlights, and infrared and night vision technologies. Depending on the circumstances, lights might be transient or permanent. Lighting is connected to the main supply in a permanent base, but on an exercise, lighting cannot always be achieved through the main energy supply, necessitating the use of other techniques such as solar powered lights or battery lights. Military lighting installation includes lighting for security, roadways, vehicles, tanks, bunkers, patrolling and 24x7 monitoring, military housing, and a range of other applications.
Drivers: Governments around the world are making significant investments in modernizing their armed forces in terms of weapon capability and equipment. Most countries are working on updating their soldiers' helmet illumination systems, as well as the lighting systems of armored vehicles. The enhanced lighting systems would be more suitable for covert operations and would include night vision capabilities. The demand to line fit and retrofit sophisticated LEDs in marine, aerial, and terrestrial systems is likely to propel the military lighting business worldwide. In June 2020, the US government awarded Orion Energy Systems a contract worth USD 1.3 million for a retrofit project.
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Challenges: The US-China trade war began in March 2018. Being the world's two largest economic powers, the trade conflict between these two countries has significantly altered global trading dynamics, particularly in the defense electronics vertical, where China is one of the largest producers of electronics and the United States is the largest consumer. As a result, various lighting product manufacturers around the world have seen their profits suffer. Though the impact of the trade war between the United States and China is short- to medium-term, it has a broader impact on other developing economies such as Brazil, Indonesia, and India. These companies receive the most military orders; yet, their manufacturing capacity is limited, resulting in a significant backlog of military supplies.
Trends: Military installations are particularly sensitive in terms of premise security, patrolling, and 24-hour surveillance. Lighting is also regarded vital in military settings, as it has a direct impact on the premises' security. In terms of lighting uses, military zones are analogous to tiny cities, with military lights used not only for perimeter security but also within developed regions. Military lighting installation includes lights for security, roadways, vehicles, tanks, bunkers, military housing, and other areas. Due to security considerations, military lighting solutions are highly reliable, energy efficient, and long-lasting, with intelligent dim lighting. Military lighting has always been vital, but in recent years, governments around the world have been focusing more on delivering more efficient military lighting.
Global Military Lighting Market Key Players:
Acuity Brand Lighting, Astronics, Carmanah Technologies Corporation, Cooper Industries PLC, Cree Inc, Deco Lighting, Dialight PLC,G.E. Lightings, Honeywell, Laminators Technologies and Others.
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Global Military Lighting Market Segmentation:
By Type: Based on the Type, Global Military Lighting Market is segmented as; Interior Lighting and Exterior Lighting.
By Application: Based on the Application, Global Military Lighting Market is segmented as; Ground, Air and Naval.
By Region: This research also includes data for North America, Asia-Pacific, Latin America, Middle East & Africa and Europe.
This study also encompasses various drivers and restraining factors of this market for the forecast period. Various growth opportunities are also discussed in the report.
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