Airport Lighting Solutions play an important role in creating a unique ambiance, improving aircraft movement and supporting other business operations at airports. Airport Lighting Solutions products include taxiway movement signs and obstruction lightings along with transformers and connector kits.Ê Along with manufacturing and supplying airport lighting solutions, the companies in this market are continuously focusing on developing new products to ensure compliance and meet different requirements laid by companies undertaking projects. The demand for smart lighting solutions will grow at a significant pace as they reduce energy consumption as compared to traditional light sources. This new market will grow at a notable rate as it helps airport owners in reducing carbon emissions as well as maintenance cost. The investors are looking to buy designed airport lighting solutions to build brand reputation by making airport attractive destinations and offering better passenger experience than competitors.
Scope of the Report:This report studies the Airport Lighting Solutions market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Airport Lighting Solutions market by product type and applications/end industries.
The Airport Lighting Solutions market is gaining attention due to the increase in demand for airport light products globally for expansion as well as new construction. The growing number of air travelers and increased air cargo along with obsolete air traffic management (ATM) infrastructure will fuel the investments on Airport Lighting Solutions. Moreover, the vast applications of Airport Lighting Solutions in aircraft navigation, landing and safe movement are expected to further drive the growth rate in the coming years. Apart from achieving goals of operational cost reduction, improving operational efficiency, safety and sustainability, the Airport Lighting Solutions also play a key role in enhancing brand experience. The Asia-Pacific aviation industry is anticipated to witness highest level of investment in the coming years. As a result, China and India will be emerging as key players in the Airport Lighting Solutions market due to the growing number of air passengers. The major restraints to the market growth of Airport Lighting Solutions are economic slowdown in developed economies and airport regulations & lack of funds in the developing countries. One of the major challenges in the global Airport Lighting Solutions market will be developing products that can reduce energy cost of lights. The development of solar energy will be playing a key role in offsetting these factors expected to create a negative impact over the market.
The global Airport Lighting Solutions market is valued at xx million USD in 2020 and is expected to reach xx million USD by the end of 2026, growing at a CAGR of xx% between 2020 and 2026.
The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.
North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Airport Lighting Solutions.
Europe also play important roles in global market, with market size of xx million USD in 2020 and will be xx million USD in 2026, with a CAGR of xx%.
Market Segment by Companies, this report covers Abacus Lighting
Acuity Brands
ADB Airfield Solutions
Airport Lighting Specialists
ATG Airports Limited
Aviation Renewables
Carmanah Technologies Corp
Hella
Philips Lighting
Market Segment by Regions, regional analysis covers North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers Airport Beacon
Visual Glide Scope Indicator
Visual Approach Scope Indicator (VASI)
Precision Approach Path Indicator (PAPI)
Runway Lighting
Runway Edge Lighting
Taxiway Lighting
Obstruction Lighting
Market Segment by Applications, can be divided into Regional Airport
Airstrips
Military Sites
Frequently Asked Questions
The base year for the study has been considered 2019, historic year 2014 and 2018, the forecast period considered is from 2020 to 2027. The regions analyzed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. These regions are further analyzed at the country-level. The study also includes attractiveness analysis of type, application and regions which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunity for understanding the future growth of the market.
Market is segmented on the basis:
- By Type
- By Application
- By Region
- By Country
- By Manufacturer
The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2019 to 2026.
The report provides company profile of the key players operating in the market and a comparative analysis based on their business overviews industry offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and key financial information.
