A fresh study, covering “Heavy Equipment Lamps Market Forecast, Trend Analysis & Competition Tracking – Global Review 2017 to 2026” has been broadcasted to wide online repository of Fact MR, which presents deep focus on the Industrial Goods.This smart study contains precise data that offers a clear insight about market current scenario and future projections for the benefit of readers. Moreover, the study enclosed significant data which tends to make the research a powerful source for analysts and industry experts who are looking to gain necessary knowledge about the prevailing market trends, opportunities and drivers present in the “Heavy Equipment Lamps Market”.
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The demand for powerful lamps along with the electrical system for heavy equipment. Various lamps and blubs are prone to breakage and damage due to impacts and vibrations. Hence, manufacturers are researching on developing lamps that can be installed on heavy equipment and are able to withstand various conditions. Heavy equipment lamps are being developed to provide powerful illumination, without draining on equipment’s electrical system. LED technology is adding value to the heavy equipment as the light produced by LED lamps produce less glare and are cleaner and also offer nearly 40% in fuel saving. With the ability to cut down the cost of energy, LEDs includes various eco-friendly benefits. LEDs are also popular among heavy equipment owing to their relatively simple installation. Increasing number of companies are using LED lamps for heavy equipment to perform safely, especially during night-time operations. Moreover, LED can also operate in a wide variety of voltages which makes it suitable for heavy equipment. Moreover, instead of permanent lighting fixtures, portable LED towers are being used as it can be easily installed.
As per the latest study by Fact.MR, the global market for heavy equipment lamps is likely to experience moderate growth. The global market for heavy equipment lamps is estimated to reach US$ 9,065.3 million revenue by 2026 end.
Signal Lamps to Gain Maximum Traction in the Global Market for Heavy Equipment Lamps
Compared to the various lamp types, signal lamps are likely to witness the highest growth between 2017 and 2026. Signal lamps are estimated to reach nearly US$ 3,000 million revenue by 2026 end. Signal lamps are visual signaling device for optical communication. Signal lams are largely used on construction sites such as during roadworks. These lights are also used in marine and air traffic control.
HID Lamps to Account for the Highest Revenue Share
Among various lighting types, HID lamps are likely to account for more than one-third of the revenue share by 2017 end. HID lamps are also estimated to create an incremental opportunity of over US$ 1,300 million between 2017 and 2026. Owing to the low energy usage, longer life than halogen bulbs, HID lamps are being used on a large scale. HID lamps are being used in large indoor and outdoor areas such as warehouses, construction sites, shops, arenas, etc. Meanwhile, LEDs are also likely to witness growth in the near future.
Construction Equipment to Emerge as the Largest End User of Heavy Equipment Lamps
Construction equipment is likely to emerge as one of the largest end use industries in the global market for heavy equipment lamps throughout the forecast period. By 2026 end, construction equipment is estimated to exceed US$ 3,500 million in terms of value. New infrastructure projects across various countries are driving the use of construction equipment. Various construction equipment are being used on the basis of the type of construction. Light towers are being used on a large scale as they are easily transportable and can be setup seamlessly.
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Table Of Content
1. Global Economic Outlook
2. Global Heavy Equipment Lamps Market - Executive Summary
3. Global Heavy Equipment Lamps Market Overview
3.1. Introduction
3.1.1. Global Heavy Equipment Lamps Market Taxonomy
3.1.2. Global Heavy Equipment Lamps Market Definition
3.2. Global Heavy Equipment Lamps Market Value (US$ Mn) & Volume ( ‘000 Units) and Forecast, 2012-2026
3.2.1. Global Heavy Equipment Lamps Market Y-o-Y Growth
3.3. Global Heavy Equipment Lamps Market Dynamics
3.4. Supply Chain
3.5. Investment Feasibility Matrix
3.6. Pricing Analysis
3.7. Product Lifecycle Assessment
3.8. List of Distributors
3.9. Key Participants Market Presence (Intensity Map) By Region
4. Global Heavy Equipment Lamps Market Analysis and Forecast 2012-2026
4.1. Global Heavy Equipment Lamps Market Value (US$ Mn) & Volume ( ‘000 Units) and Forecast By Lamp Type, 2012-2026
4.1.1. Head Lamps Market Value (US$ Mn) & Volume ( ‘000 Units) and Forecast, 2012-2026
4.1.1.1. Revenue (US$ Mn) Comparison, By Region
4.1.1.2. Market Share Comparison, By Region
4.1.1.3. Y-o-Y growth Comparison, By Region
4.1.2. Rear Lamps Market Value (US$ Mn) & Volume ( ‘000 Units) and Forecast, 2012-2026
4.1.2.1. Revenue (US$ Mn) Comparison, By Region
4.1.2.2. Market Share Comparison, By Region
4.1.2.3. Y-o-Y growth Comparison, By Region
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