San Jose, California (PRWEB) August 22, 2013
Follow us on LinkedIn – In the coming months, GIA will complete an extensive secondary and primary research program involving some of the industry’s leading players and experts. The study will examine key drivers and trends impacting the market such as growing need for aircraft warning lights against a backdrop of increased construction of tall structures such as high-rise buildings, wind turbines, and telecom towers; strong emphasis on flight safety; emerging demand for LED based obstruction lights; and strict implementation of legislated obstruction lighting requirements and standards.
Defined as an important aviation collision avoidance measure, Obstruction Lighting has become a critical component of air traffic safety. Mounted on towers and other high rise structures, obstruction lights are used as a safety precaution for aviators to alert them of potentially intrusive objects in the line of flight. Generally, obstruction lights are positioned on structures in the height range of 200 ft or more for preventing collision of aircrafts with buildings and communication towers. Growing focus on renewable energy generation and the resulting increase in wind turbine installations, boom in telecommunications industry and the ensuing rise in the number of communication towers being erected, will help spur growth in the market.
The market is witnessing a gradual shift towards energy efficient obstruction lights that consume lesser energy and are easy to install. Advanced fixtures featuring built-in power module, GPS synchronizer and controllers are also gaining prominence. LED lights are emerging in popularity as they consume less power and are resistant to vibration and shock. Moreover, LEDs are free from mercury and other harmful materials.
The study estimates Obstruction Lighting to be a multi-million dollar market worldwide, while more precise market-size and growth projections for a 14-year period will be made available during the 2nd stage of report preparation, and data analysis.
The research and analyses will be released shortly in the form of a comprehensive research report. The report by design, will attempt to provide exhaustive analysis, data, trends, market share, market size, statistics, forecasts and competitive intelligence. The report is modeled to offer precise, actionable market insights including demand estimates and projections and analysis of trends in each of the end-use markets, identification of leading players, and the competitive structure, among others.
The report outlines the importance of obstruction lighting against a backdrop of tightening aviation safety regulations, and increased installations of rooftop helipads in several countries worldwide as a result of growing demand for heli-transport services. Developed for manufacturers, consulting companies, and technology domain experts, among others, the report helps identify the biggest opportunities in this space and offers accurate latent demand forecasting that empowers quantitative decision making among existing market players and new entrants.
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About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a leading publisher of off-the-shelf market research. Founded in 1987, the company currently employs over 800 people worldwide. Annually, GIA publishes more than 1300 full-scale research reports and analyzes 40,000+ market and technology trends while monitoring more than 126,000 Companies worldwide. Serving over 9500 clients in 27 countries, GIA is recognized today, as one of the world's largest and reputed market research firms.
Global Industry Analysts, Inc.
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