Military Market Sector Continues to Dominate LEDs in NVIS-Compatible Lighting

Industry: Business

Worldwide consumption of package LEDs used in non-civilian NVIS compatible lighting will increase at an average annual growth rate of 20.4%, from $36.2 million in 2010 to $132.8 million in 2017.

Farmington, CT (PRUnderground) April 20th, 2011

Global Information Inc. would like to present a new market research report, “LEDs Used in Night Vision Imaging System Compatible Lighting Global Market Forecast (2010-2017)” by ElectroniCast Consultants.

“ElectroniCast forecasts that the worldwide consumption of package LEDs used in non-civilian NVIS compatible lighting will increase at an average annual growth rate of 20.4%, from $36.2 million last year (2010) to $132.8 million in 2017.”

The military market sector, which includes the Army, Air Force, Navy, Marines, Coast Guard, National Guard (and State-level Guard and Defence) and other international equivalents, will continue to dominate the use of light emitting diodes (LEDs) in night vision imaging system- (NVIS) compatible lighting.

“The Ship/Watercraft category under the Military sector is the current market leader, and it is forecast with the fastest growth (2010-2017), led by LEDs used in exterior NVIS compatible lighting. The Military Aircraft category holds a relative market share 31.5 percent of the total worldwide consumption value in 2011,” says Stephen Montgomery, president of International Business at ElectroniCast.

The new market research study examines global consumption of light emitting diodes (LEDs) used in Night Vision Imaging System (NVIS) compatible lighting in non-civilian applications, such as military, law enforcement, emergency medical services (EMS) and related applications.

For more information on this report click (or copy and paste) the link below or email Press@gii.co.jp
http://www.the-infoshop.com/report/el180849-led-nvis.html

Global Information Inc. (GII) is a leading worldwide distributor of market research.

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