Market Overview:
The global LED 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 beacon lights for various applications such as navigation, defensive communications, and other applications. Additionally, the growing demand for energy-efficient lighting solutions is also contributing to the growth of the global LED beacon light market.
Product Definition:
LED Beacon Light is an emergency light that emits a bright flashing or steady signal to warn people of a hazard.
High Intensity Lights (HIL):
High Intensity Lights (HIL) is a lighting technology that emits light with higher intensity as compared to conventional lights. The term HIL has been derived from High-Intensity LED (HI-LED) or sometimes referred as LED beacons. It’s used for indicating a group of lights, which are used for advertising or branding purposes and can be seen from long distances.
Medium Intensity Lights (MIL):
Medium Intensity Lights (MIL) is a type of lighting system that emits light with an intensity between 400-800 lumens per watt. It can be used as general illumination, task lighting, or accent light. They are often used in LED Beacon Light applications due to their high output and wide coverage area.
Application Insights:
Based on application, the market has been segmented into navigation, defensive communications, other. The navigation segment dominated the overall industry in terms of revenue in 2017 and is expected to maintain its dominance over the forecast period. This is attributed to growing adoption of led beacons for traffic management systems and road safety applications across various industries such as transportation & logistics, public safety & security. Furthermore, increasing use of led beacons for advertising and marketing purposes also contributes toward a significant share within this segment.
The other application category includes environmental monitoring applications that utilize light intensity levels for signaling or communication purposes between two or more parties involved in an activity such as research activities conducted at sea or underwater along with industrial processes taking place at different manufacturing facilities located at considerable distances from each other.
Regional Analysis:
North America LED beacon light market is expected to grow at a significant rate over the forecast period. The growth can be attributed to increasing maritime activities in the region. Increasing defense budget of countries such as U.S., China, and Japan are also driving the demand for led beacons in military applications across these regions.
Asia Pacific is estimated to be one of the fastest-growing markets with a CAGR exceeding 10% from 2018 to 2030 owing its large sea and inland waterways network along with developing economies such as China.
Growth Factors:
- Increasing demand for energy-efficient lighting solutions
- Rising awareness about the benefits of LED beacon lights
- Growing popularity of beacon technology among businesses
- Proliferation of smart cities and the Internet of Things (IoT)
- Technological advancements in LED beacon light technology
Scope Of The Report
Report Attributes
Report Details
Report Title
LED Beacon Light Market Research Report
By Type
High Intensity Lights (HIL), Medium Intensity Lights (MIL), Low Intensity Lights (LIL)
By Application
Navigation, Defensive Communications, Other
By Companies
RS Pro, Schneider Electric, Dialight, Edwards Signaling & Security Systems, Hammond Manufacturing, IDEC Corporation, Ramb, Schneider Electric, SloanLED, YongWei, RS Pro
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
141
Number of Tables & Figures
99
Customization Available
Yes, the report can be customized as per your need.
Global LED Beacon Light Market Report Segments:
The global LED Beacon Light market is segmented on the basis of:
Types
High Intensity Lights (HIL), Medium Intensity Lights (MIL), Low Intensity Lights (LIL)
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
Navigation, 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:
- RS Pro
- Schneider Electric
- Dialight
- Edwards Signaling & Security Systems
- Hammond Manufacturing
- IDEC Corporation
- Ramb
- Schneider Electric
- SloanLED
- YongWei
- RS Pro
Highlights of The LED 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:
- High Intensity Lights (HIL)
- Medium Intensity Lights (MIL)
- Low Intensity Lights (LIL)
- By Application:
- Navigation
- 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 LED 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?
LED beacon lights are a type of light that is used to indicate the presence or location of a specific object or person. They are often used in airports, on highways, and at other important locations.
Some of the major players in the led beacon light market are RS Pro, Schneider Electric, Dialight, Edwards Signaling & Security Systems, Hammond Manufacturing, IDEC Corporation, Ramb, Schneider Electric, SloanLED, YongWei, RS Pro.
The led 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 LED 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 LED Beacon Light Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 LED 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 LED 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 LED Beacon Light Market Size & Forecast, 2020-2028
4.5.1 LED Beacon Light Market Size and Y-o-Y Growth
4.5.2 LED Beacon Light Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 High Intensity Lights (HIL)
5.2.2 Medium Intensity Lights (MIL)
5.2.3 Low Intensity Lights (LIL)
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Navigation
6.2.2 Defensive Communications
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global LED 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 LED 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 High Intensity Lights (HIL)
9.6.2 Medium Intensity Lights (MIL)
9.6.3 Low Intensity Lights (LIL)
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 Market Size Forecast by Applications
9.10.1 Navigation
9.10.2 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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 High Intensity Lights (HIL)
10.6.2 Medium Intensity Lights (MIL)
10.6.3 Low Intensity Lights (LIL)
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 Market Size Forecast by Applications
10.10.1 Navigation
10.10.2 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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 High Intensity Lights (HIL)
11.6.2 Medium Intensity Lights (MIL)
11.6.3 Low Intensity Lights (LIL)
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 Market Size Forecast by Applications
11.10.1 Navigation
11.10.2 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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 High Intensity Lights (HIL)
12.6.2 Medium Intensity Lights (MIL)
12.6.3 Low Intensity Lights (LIL)
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 Market Size Forecast by Applications
12.10.1 Navigation
12.10.2 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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 High Intensity Lights (HIL)
13.6.2 Medium Intensity Lights (MIL)
13.6.3 Low Intensity Lights (LIL)
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) Market Size Forecast by Applications
13.10.1 Navigation
13.10.2 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 LED Beacon Light Market: Competitive Dashboard
14.2 Global LED Beacon Light Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 RS Pro
14.3.2 Schneider Electric
14.3.3 Dialight
14.3.4 Edwards Signaling & Security Systems
14.3.5 Hammond Manufacturing
14.3.6 IDEC Corporation
14.3.7 Ramb
14.3.8 Schneider Electric
14.3.9 SloanLED
14.3.10 YongWei
14.3.11 RS Pro
