The analysts forecast the global Navigation Lighting market to grow at a CAGR of 4.54% during the period 2017-2021.
The report, Global Navigation Lighting Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the Key vendors operating in this market.
According to the report, one of the major drivers for this market is increase in aircraft fleet. The global aviation industry is expected to grow rapidly after facing a rather sluggish growth in 2014 and 2015. This was due to the combined with a structural shift in the Chinese economy, and decelerated growth in the economy of countries such as Brazil and Russia in 2015. The decline in air fares, owing to the dip in oil prices, benefitted airlines, aircraft manufacturers, and part suppliers. The exhibit given below highlights the decline in the global aerospace industry and its recovery in 2015. The growth is attributed to stable growth in GDP, low prices of crude oil, and increasing demand for passenger travel in the commercial sector of the aerospace industry.
- DAEYANG ELECTRIC
Other prominent vendors
- Hella Marine
Key Topics Covered:
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by end-user
PART 07: Geographical segmentation
PART 08: Decision framework
PART 09: Drivers and challenges
PART 10: Market trends
PART 11: Vendor landscape
PART 12: Key vendor analysis
For more information about this report visit http://www.researchandmarkets.com/research/tg7hhg/global_navigation