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Global Beacon Light Market to Grow at a CAGR of 9.34% During the Period 2017-2021

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Albany, NY -- (SBWIRE) -- 06/20/2017 -- Beacon light devices are alarm devices that emit a beam of light to awaken or send alarm messages. It is a strong beam of light that can be seen from a distance and used to guide ships and airplanes. Beacon lights provide navigation solutions in ports and harbors. They enable ships and cargos to navigate back to the dockyard during night. Beacon lights have transformed from just being light sources to multifunctional devices that fulfill various objectives in sectors such as industrial, navigation, and defense communication.

Technavios analysts forecast the global beacon light market to grow at a CAGR of 9.34% during the period 2017-2021.

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Covered in this report

The report covers the present scenario and the growth prospects of the global beacon light market for 2017-2021. To calculate the market size, the report considers revenue generated from sales of beacon lights only.

The market is divided into the following segments based on geography:

Global Beacon Light 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
General Electric
Schneider Electric

Other prominent vendors
Schneider Electric
WERMA Signaltechnik
Federal Signal Corporation
Larson Electronics
NSI International
Hadco Group

Market driver
High adoption at dockyards
For a full, detailed list, view our report

Market challenge
Requires continuous charging and power
For a full, detailed list, view our report

Market trend
Customized light beams
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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