Global Commercial Airport Lighting Market was valued US$ XX Mn. in 2020 and is expected to reach US$ XX Mn. by 2026.
Airport Lighting aids are needed for landing, rollout, take-off, ground movement, traffic control and high-speed exits from runways and apron guidance for docking on commercial airport. Airport Lighting guides aircrafts using the runways and taxiways at night or in bad weather condition.
The report covers the detailed analysis of Global Commercial Airport Lighting Market with the classifications of the market on by Light Type, by Technology, by Position and by Region. Analysis of past market dynamics from 2016 to 2019 is given in the report, which will help readers to benchmark the past trends with current market scenarios with the key players contribution in it.
The report has profiled thirteen key players in the market from different regions. However, report has considered all market leaders, followers and new entrants with investors while analyzing the market and estimation the size of the same. Manufacturing environment in each region is different and focus is given on the regional impact on the cost of manufacturing, supply chain, availability of raw material, labor cost, availability of advanced technology, trusted vendors are analyzed and report has come up with recommendations for future hot spot in APAC region. Major country’s policies about manufacturing and its impact on Commercial Airport Lighting Positions demand is covered in the report.
Global Commercial Airport Lighting Market Dynamics-
In developing and emerging regions, airport expansion is easier and is supported strongly by the regulating authorities as a means of providing strategic support to economic growth in a region or nation. Increasing number of new airports and focus on up-gradation of the present airport infrastructure across various regions is acting as the driving factor for the growth of the Global Commercial Airport Lighting Market.
Increased focus of the airports on lowering the energy consumption and carbon emissions is also expected to boost the Global Commercial Airport Lighting Market. The use of solar powered LED lights is also been done, which is expected to benefit the airport in terms of power consumption cost.
Smart lighting is expected to develop as a profitable opportunity for the manufacturers in view of the increasing demand across major airports around the globe. Quick threat detection along with fast response at high-risk locations like luggage handling, maintenance hangars and tunnels and airport apron are expected to boost the demand for smart lighting in airports.
Global Commercial Airport Lighting Market Segment Analysis-
The report groups the Global Commercial Airport Lighting Market in different segments by Light Type, by Technology, by Position and by Region to forecast the revenues and analyze the market share of each segment over the forecast period.
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Based on technology, LED lighting segment was dominant in 2020 and is expected to command market share of xx% by 2026. The adoption of LED technology is high worldwide due to its energy-efficient features. LEDs offer higher energy efficiency than traditional lighting sources and have low operating and maintenance costs. LED lightings also provide several additional benefits such as low power consumption, vibration resistance, low voltage requirement, operation under low temperature, and long-life span. LEDs are used in various applications in airports such as runways, terminals, airport aprons, taxiways, and parking lots, which is contributing to the growth of the Global Commercial Airport Lighting Market.
Based on light type, the sub segments are taxiway lights, approach lighting, apron and hanger lighting, obstruction lighting and other types of lighting. The taxiway lighting demand is more because of the growing need for better safety as well as assistance during landing and takeoff. Hanger lighting, obstruction lighting and approach lighting are commonly used types of airport lighting because of its necessity in commercial airports for aircraft operations during nights.
Based on position, in-pavement lights segment was dominant in 2020 and is expected to command market share of xx% by 2026. The proper installation of in-pavement lights determines the frequency of damage, introduction of moisture to the fixture and photometric performance. In pavement lights are located on runway and taxiway rollover areas. These lights are subject to an aircraft parking on them or being struck during touch down generating high impact loads for, which proper installation of in-pavement fixtures approved for load bearing locations is important for the proper operation of the lights.
Global Commercial Airport Lighting Market Regional Insights-
APAC is expected to command the largest market share of xx % by 2026
Airport operators and governments in Asia are competing to build some of the world’s biggest airports, with capacities well in excess of 100 million passengers per annum. Asia’s rapid growth in the commercial aviation sector in recent years has positioned the region as the largest and fastest growing in the world. Despite passenger growth in the Asia-Pacific region being more modest than has been observed in recent years, the need for significant infrastructure investment remains in order to facilitate current and future demand. The Asia-Pacific region is expected to see the highest level of investment in airport infrastructure.
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Scope of Global Commercial Airport Lighting Market: Inquire before Buying
The report also helps in understanding the Global Commercial Airport Lighting Market dynamics, structure by analyzing the Market segments and project the Global Commercial Airport Lighting Market which gives clear representation of competitive analysis of key players by price, financial position, portfolio, growth strategies, and regional presence in the Global Commercial Airport Lighting Market make the report investor’s guide.
Global Commercial Airport Lighting Market, by Region
• North America
• Asia Pacific
• Middle East & Africa
• South America
Key Players of the Global Commercial Airport Lighting Market
• Abacus Lighting
• ADB Airfield Solutions
• ATG Airports
• Carmanah Technologies Corp.
• Honeywell International, Inc.
• Vosla GmbH
• Astronics Corp.
• Eaton Corporation Plc
• Honeywell International Inc.
• OSRAM Licht AG
• Siemens AG
• Signify NV
• TKH Group NV
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