Global Airport Lighting Market Size study, by Type (Runway, Taxiway & Apron Lighting Systems) by Position (In-Pavement Lighting, Elevated Lighting & PAPI) by Technology (Non-LED, LED) and Regional Forecasts 2022-2028Global Airport Lighting Market is valued approximately USD XX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2022-2028. Airport Lighting are used to illuminate airport runway during night or in low visibility conditions. This light helps the pilots to identify take-off, runway and touchdown areas, and other areas and obstacles on the airfield. The increase in aviation industry has led the adoption of Airport Lighting across the forecast period. For instance, as per the IBEF, in 2020, government planned to spend USD 3 billion on non-metro projects over the 5 years (2016-2020) and this will help in modernization and upgradation of airports. The government in India plans to build new airports at Itanagar, Kohima and Gangtok, which will create a lucrative demand for the airport lighting market. Also, with the expansion of airport infrastructure, the adoption & demand for Airport Lighting is likely to increase the market growth during the forecast period. However, rise in the visibility issues due to adverse weather conditions impedes the growth of the market over the forecast period of 2022-2028.
The key regions considered for the global Airport Lighting market study includes Asia Pacific, North America, Europe, Latin America and Rest of the World. Asia-Pacific is the leading region across the world in terms of market share owing to the rise in the focus towards reducing energy consumption and rise in the research and development activities in this region. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate over the forecast period 2022-2028. Factors such as rise in the research and development activities and rise in the economic growth would create lucrative growth prospects for the Airport Lighting market across Asia-Pacific region.
Major market player included in this report are:
Honeywell International Inc.
ADB SAFEGATE
ABB
vosla GmBH
Avlite
Carmanah
Eaton
atg airports limited
Avionics Group
HELLA GmBH & Co. KGaA
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Type:
Runway
Taxiway
Apron Lighting Systems
By Position:
In-Pavement Lighting
Elevated Lighting & PAPI
By Technology:
Non-LED
LED
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year - 2018, 2019, 2020
Base year - 2021
Forecast period - 2022 to 2028
Target Audience of the Global Airport Lighting Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
Companies Mentioned
Honeywell International Inc.
ADB SAFEGATE
ABB
vosla GmBH
Avlite
Carmanah
Eaton
atg airports limited
Avionics Group
HELLA GmBH & Co. KGaA