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(IT-NEWSWIRE.COM, July 26, 2017 ) Navigation light, a key safety equipment, is a colored source of illumination fitted on a waterborne vessel, aircraft, and spacecraft. Navigation lights help provide the relative position of the craft, and are commonly known as position lights. These lights are used to signal a craft's position, heading, and status. The placement of the lights is mandated by international conventions or civil authorities. Navigation lights are used mainly from sunset to sunrise, or in times of limited visibility, such as fog, rain or low light. Vessels that operate at night, whether at anchor or underway, must carry and display correct navigation lights. The light helps vessels to determine which is the give-way vessel while encountering each other at night. All waterborne vessels and crafts used for commercial or pleasure purposes must adhere to the regulations concerning navigation lighting.
Publishers analysts forecast the global Navigation Lighting market to grow at a CAGR of 4.54% during the period 2017-2021.
For more information about this report: http://www.reportsweb.com/global-navigation-lighting-market-2017-2021 .
Covered in this report
The report covers the present scenario and the growth prospects of the global Navigation Lighting market for 2017-2021. To calculate the market size, the report considers the sales of navigation lighting for marine and aerospace applications.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Publisher's 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.
Key vendors
Glamox
DAEYANG ELECTRIC
Osculati
Aveo Engineering
Request Sample Copy at http://www.reportsweb.com/inquiry&RW0001830910/sample .
Other prominent vendors
Hella Marine
Lopolight
Perko
Vega
Market driver
Increase in aircraft fleet
For a full, detailed list, view our report
Market challenge
Collapse of shipbuilding industry in China
For a full, detailed list, view our report
Market trend
Declining manufacturing cost of LEDs
For a full, detailed list, view our report
Inquire for Report at http://www.reportsweb.com/inquiry&RW0001830910/buying .
ReportsWeb.com
Rajat Sahni
+1-646-491-9876
sales@reportsweb.com
Source: EmailWire.Com 
Source: EmailWire.com
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