Global Heavy Equipment Lamps Market by End-user Industry and Application – Global Opportunity Analysis and Industry Forecast, 2017-2026

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Dublin 2, Ireland, 2018-Jun-22 — /EPR Network/ — The market for heavy equipment lamps is set to gain staggering growth, as a novel research study presented by Fact. MR’s research experts projects an astounding 4.9% CAGR through the year 2017-26. The research report titled, “Heavy Equipment Lamps Market Forecast, Trend Analysis & Competition Tracking – Global Review 2017 to 2026” is a comprehensive and valuable source of information and analysis on global market. Covering key industry developments and market opportunity plan during the mentioned forecast period. This report further conveys quantitative & qualitative analysis on the concerned market, providing a 360 view on current and future market prospects.

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As per the new report by Fact.MR, the global heavy equipment lamps market is anticipated to witness moderate growth. The market is projected to increase to 4.9% CAGR. The global heavy equipment lamps market is also projected to bring in US$ 9,065.3 million revenue towards the end of 2026. Increase in the number of infrastructure projects globally is one of the factors resulting in the increasing use of heavy equipment lamps to ensure efficiency and safety. Below are some of the insights on how the global heavy equipment lamps market will perform in the future.

4 Key Insights on Global Heavy Equipment Lamps Market

1. Asia Pacific Excluding Japan (APEJ) is projected to remain the largest region in the global heavy equipment lamps market during the forecast period. Rapid urbanization and development of various infrastructure projects including railroads, highways, etc., are some of the factors contributing to the growth of the market in APEJ. Increasing use of heavy equipment in industrial and residential construction in China and India are also leading towards the growth of the market in the region.

2. North America is also projected to witness growth in the heavy equipment lamps market. Increasing construction of airports, bridges, roads in the U.S. is resulting in the market growth.

3. Signal lamps are expected to witness steady growth during the forecast period. By the end of 2026, signal lamps are projected to bring in more than US$ 2,900 million revenue.

4. HID lamps are expected to account for maximum revenue share. HID lamps are projected to surpass US$ 3,400 million revenue towards the end of 2026.

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

Continued….

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