Market Overview:
The global beacon light market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for LED lights and other applications such as for defensive communications and navigation. North America is expected to hold the largest share of the global beacon light market in 2018, followed by Europe, Asia Pacific, Latin America, and Middle East & Africa.
Product Definition:
A beacon light is a lighthouse, typically used as a navigational aid for ships.
LED Light:
LED light is a digital micro-light source, which is used for various applications in the market. It has many advantages over conventional lights such as incandescent and CFL bulbs. LED lights are more efficient, durable, flexible and have a longer life span; therefore it can be used in outdoor as well as indoor applications with no fear of them getting damaged or burnt out.
Halogen Light:
Halogen light is a gas-discharge lamp containing one or more halogens such as iodine, chlorine, or bromine. The halogens chemically react with the gas to produce light and heat. Halogen lights are used in beacons for various applications including traffic signals, warning signs, and decorative lighting among others.
The global halogen light market size was valued at USD 2.5 billion in 2016.
Application Insights:
The global beacon light market is segmented on the basis of application into for navigation, for defensive communications and others. The other applications include traffic management, warning signals and identification. The use of beacons in traffic management has become a trend to manage heavy traffic areas such as highways by providing real-time information about the movement of vehicles along with their locations. Furthermore, they are used in emergency situations such as Amber Alerts or weather emergencies to provide critical information quickly.
For instance, in case of an Amber Alert issued by any police department across the U.S.
Regional Analysis:
Europe was the largest regional market in 2017 and will expand further at a steady CAGR from 2018 to 2030 owing to stringent regulations regarding road traffic safety. The U.K., Germany, France, Italy, and Spain are some of the countries having strict road traffic safety laws for driving under the influence of alcohol or drugs. Moreover, these countries have also taken initiatives for registering drivers' blood alcohol content (BAC) level on a regular basis so that they can be punished accordingly. This is likely to boost the use of beacon lights over next eight years in Europe region as well as other regions mentioned above.
Asia Pacific is expected to be one of fastest-growing regions with a CAGR exceeding 6% from 2018 to 2030 due herring fisheries located off China's coast which attract large number of foreign tourists every year including Japanese.
Growth Factors:
- Increasing demand for energy-efficient lighting solutions
- Rising awareness about the benefits of LED lighting
- Proliferation of Internet of Things (IoT) and smart city initiatives
- Growing demand for Beacon Lights in automotive applications
- Emerging markets such as India and China offer significant growth potential
Scope Of The Report
Report Attributes
Report Details
Report Title
Beacon Light Market Research Report
By Type
LED Light, Halogen Light, Xenon Light
By Application
For Navigation, For Defensive Communications, Other
By Companies
Alphatronics, Arcus Light, AUER, BANNER ENGINEERING, BEKA, CIRCONTROL, CITEL, Contrel elettronica, D.G Controls, DAISALUX, Alphatronics
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
246
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Beacon Light Market Report Segments:
The global Beacon Light market is segmented on the basis of:
Types
LED Light, Halogen Light, Xenon Light
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
For Navigation, For Defensive Communications, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Alphatronics
- Arcus Light
- AUER
- BANNER ENGINEERING
- BEKA
- CIRCONTROL
- CITEL
- Contrel elettronica
- D.G Controls
- DAISALUX
- Alphatronics
Highlights of The Beacon Light Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- LED Light
- Halogen Light
- Xenon Light
- By Application:
- For Navigation
- For Defensive Communications
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Beacon Light Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Beacon Light is a Christian ministry that provides emergency relief to people in need. They work with churches and other organizations to distribute food, clothing, and shelter to those in need.
Some of the major players in the beacon light market are Alphatronics, Arcus Light, AUER, BANNER ENGINEERING, BEKA, CIRCONTROL, CITEL, Contrel elettronica, D.G Controls, DAISALUX, Alphatronics.
The beacon light market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Beacon Light Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Beacon Light Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Beacon Light Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Beacon Light Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Beacon Light Market Size & Forecast, 2018-2028
4.5.1 Beacon Light Market Size and Y-o-Y Growth
4.5.2 Beacon Light Market Absolute $ Opportunity
Chapter 5 Global Beacon Light Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Beacon Light Market Size Forecast by Type
5.2.1 LED Light
5.2.2 Halogen Light
5.2.3 Xenon Light
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Beacon Light Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Beacon Light Market Size Forecast by Applications
6.2.1 For Navigation
6.2.2 For Defensive Communications
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Beacon Light Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Beacon Light Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Beacon Light Analysis and Forecast
9.1 Introduction
9.2 North America Beacon Light Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Beacon Light Market Size Forecast by Type
9.6.1 LED Light
9.6.2 Halogen Light
9.6.3 Xenon Light
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Beacon Light Market Size Forecast by Applications
9.10.1 For Navigation
9.10.2 For Defensive Communications
9.10.3 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Beacon Light Analysis and Forecast
10.1 Introduction
10.2 Europe Beacon Light Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Beacon Light Market Size Forecast by Type
10.6.1 LED Light
10.6.2 Halogen Light
10.6.3 Xenon Light
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Beacon Light Market Size Forecast by Applications
10.10.1 For Navigation
10.10.2 For Defensive Communications
10.10.3 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Beacon Light Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Beacon Light Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Beacon Light Market Size Forecast by Type
11.6.1 LED Light
11.6.2 Halogen Light
11.6.3 Xenon Light
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Beacon Light Market Size Forecast by Applications
11.10.1 For Navigation
11.10.2 For Defensive Communications
11.10.3 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Beacon Light Analysis and Forecast
12.1 Introduction
12.2 Latin America Beacon Light Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Beacon Light Market Size Forecast by Type
12.6.1 LED Light
12.6.2 Halogen Light
12.6.3 Xenon Light
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Beacon Light Market Size Forecast by Applications
12.10.1 For Navigation
12.10.2 For Defensive Communications
12.10.3 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Beacon Light Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Beacon Light Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Beacon Light Market Size Forecast by Type
13.6.1 LED Light
13.6.2 Halogen Light
13.6.3 Xenon Light
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Beacon Light Market Size Forecast by Applications
13.10.1 For Navigation
13.10.2 For Defensive Communications
13.10.3 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Beacon Light Market: Competitive Dashboard
14.2 Global Beacon Light Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Alphatronics
14.3.2 Arcus Light
14.3.3 AUER
14.3.4 BANNER ENGINEERING
14.3.5 BEKA
14.3.6 CIRCONTROL
14.3.7 CITEL
14.3.8 Contrel elettronica
14.3.9 D.G Controls
14.3.10 DAISALUX
14.3.11 Alphatronics
