A navigation light is a source of illumination on a vessel, aircraft, or spacecraft, also known as a running or location light. Lights provide information on the location, heading, and status. Their placement is mandated by international or civil conventions. The purpose of navigation lights is not to provide illumination for the aircraft making the passage, but only for other craft to be aware of it. It also helps differentiate one type of aircraft from another in airspace.

COVID-19 Scenario Analysis:

Due to pandemic, the majority of airlines have been grounded and existing backlog orders have been postponed, the requirements of the aircraft components have gone down.
Product manufacturers are adopting innovative measures to improve supply chain time and cost-efficiency.
Companies are experiencing production disruption and declining demand in commercial aviation as staff go home, travelers stop flying and consumers delay the delivery of new aircraft. Replacement parts demand is also reduced since less maintenance is required at the moment.
When the current market overcomes the effect of pandemic and aircraft orders are increased, the need for aircraft components would also increase.
After containment of the COVID-19 pandemic, governments will need airlines to encourage economic recovery, connect manufacturing hubs, and promote tourism, thereby the navigation lights market market will grow again.
Aircraft manufacturers are by definition capital-intensive, creating short-term cash flow and liquidity issues.

𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐑𝐞𝐩𝐨𝐫𝐭 𝐒𝐚𝐦𝐩𝐥𝐞: https://www.alliedmarketresearch.com/request-toc-and-sample/9435

New product launches and deals to flourish the market
In 2020, Honeywell announced that the fourth phase of a continuous improvement project would be the upgrading of airfield control systems and control systems at Incheon Airport (ICN). To promote safe navigation by increasing controls under most conditions, and enhance operational efficiency, Honeywell is installing its Airfield Ground Lighting Control and Monitoring System (AGLCMS) and Advanced Surface Movement Guidance and Control System (A-SMGCS) technologies. The new system sets out a path within the airfield movement area for each aircraft or vehicle based on information from other airport systems. To help improve capability, ICN is among the first airports to implement “follow greens” – an intelligent guidance technique that works along with the A-SMGCS system. These systems only enable segments of taxiway lighting required to efficiently guide crews and aircraft, leaving others off.

Increased modernization of aircraft along with growing competition in the market
The market for aircraft lighting is highly competitive and has many major players. With companies seeking to capture more market share, they are increasingly investing as part of their business strategy in launching new products, increasing their operations, or entering into strategic mergers and acquisitions. The use of a range of high-power red LEDs instead of incandescent bulbs is a recent development that has only been possible since sufficient brightness has been developed. LED-based lamps have a lifetime considerably longer than incandescent bulbs, which decreases maintenance costs and increases reliability, thereby increasing demand for LED aviation warning lights. Besides, several manufacturers are focused on developing white strobes of medium intensity, based on LED technology to replace xenon.

𝐈𝐧𝐪𝐮𝐢𝐫𝐞 𝐁𝐞𝐟𝐨𝐫𝐞 𝐁𝐮𝐲𝐢𝐧g : https://www.alliedmarketresearch.com/purchase-enquiry/9435

Key benefits of the report:

This study presents the analytical depiction of the global aircraft navigation lights industry along with the current trends and future estimations to determine the imminent investment pockets.
The report presents information related to key drivers, restraints, and opportunities along with a detailed analysis of the global aircraft navigation lights market share.
The current market is quantitatively analyzed to highlight the global Aircraft navigation lights market growth scenario.
Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
The report provides a detailed global aircraft navigation lights market analysis based on competitive intensity and how the competition will take shape in the coming years.

Request Customization : https://www.alliedmarketresearch.com/request-for-customization/9435

About Us
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Contact:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
USA/Canada (Toll Free): +1-800-792-5285, +1-503-894-6022
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
[email protected]