The escape path illumination line consists of a floor track that is mounted directly to the floor with a sticky back that is then secured into place with both sides covered with carpet. The top track, available in multiple colors, is placed on the floor covering the wire harness assembly, lamp holders, lamps/LED's, and light modules. The light modules are hard resilient plastic that is available in translucent white, red or with arrows.
MARKET SCOPE
The "Global Escape Path Illumination Market Analysis to 2028" is a specialized and in-depth study of the aerospace and defense industry with a special focus on the global market trend analysis. The report aims to provide an overview of the escape path illumination market with detailed market segmentation by light source, aircraft type and geography. The report provides key statistics on the market status of the leading escape path illumination market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- Based on light source, the global escape path illumination market is segmented into LED, fluroscent lamps, high-intensity discharge (HID) lamps
- On the basis of aircraft type, the market is segmented narrow-body aircraft, wide-body aircraft, general aviation aircraft
MARKET DYNAMICS
Drivers:
- High demand for passenger aircrafts among developing economies and increase in investment to establish commercial aircraft safety systems manufacturing facilities are expected to provide lucrative opportunities for the growth of the market.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The escape path illumination market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive porter's five forces analysis highlighting factors affecting the escape path illumination market in these regions.
IMPACT OF COVID-19 ON ESCAPE PATH ILLUMINATION MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.
MARKET PLAYERS
The report covers key developments in the escape path illumination market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from escape path illumination market are anticipated to lucrative growth opportunities in the future with the rising demand for escape path illumination in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the escape path illumination market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Astronics Corporation
- Aerocontact
- STG Aerospace Limited
- Lufthansa Technik
- INOTEC Sicherheitstechnik GmbH
- Prolite Autoglo Ltd.
- Diehl Stiftung & Co. KG
- EverGlow NA, Inc.
- Madelec Aero
- Bruce Aerospace