Industry Overview of Commercial Airport Lighting Market
The commercial airport lighting market is driven by the need to support aircraft operations, enhance night flying capabilities, and improve the overall appearance of airports. It encompasses various artificial light sources, including the airport beacon, visual glide slope indicator, visual approach slope indicator (VASI), wind cone light, runway edge lights, and tower beacon. These lighting systems contribute to a relaxing environment for passengers in terminals and assist in critical operations such as baggage handling, check-in, and security. Commercial airport lighting solutions are designed for low maintenance, offer vibration resistance, reduce operational costs, provide long service life, and can withstand low temperatures. They ensure safety and facilitate smooth operations during aircraft rollout, take-off, landing, ground movement, and high-speed runway exits. As a result of these benefits, commercial airport lighting systems are widely utilized across the aviation industry to enhance visibility, promote safe navigation, and ensure efficient aircraft movements at airports.
How Big Is the Commercial Airport Lighting Market?
The global commercial airport lighting market size reached US$ 629.5 Million in 2022. Looking forward, IMARC Group expects the market to reach a value of US$ 882.5 Million by 2028 exhibiting a CAGR of 5.69% during 2023-2028.
Commercial Airport Lighting Market Trends and Drivers:
The commercial airport lighting market is experiencing significant growth driven by the widespread adoption of LED lights. LED lights offer high efficiency, low operating costs, and lower carbon emissions, making them an attractive choice for airport lighting. These lights provide well-illuminated areas, ensuring safety and improved traveler flow through well-lit signage. They also facilitate effective interactions between airport staff and passengers, including document verification processes. Government investments in commercial airport infrastructure development to enhance import and export activities are further propelling the market growth. Additionally, the introduction of smart airfield lighting monitoring solutions, incorporating tracking systems to reduce taxi time and enhance operational efficiency, is positively impacting the global market. The market is also witnessing an increasing demand for solar-powered lights, driven by the growing focus on sustainability and renewable energy sources. Solar-powered lights offer a greener and more cost-effective lighting solution for commercial airports. Overall, the adoption of advanced lighting technologies, government investments, and the emphasis on sustainability are key factors driving the growth of the commercial airport lighting market.
Global Commercial Airport Lighting Market 2023-2028 Analysis and Segmentation:
Top Key Players covered in this report are: Abacus Lighting Ltd., ADB Safegate BVBA, Airsafe Airport Equipment Co. Ltd., ATG Airports Ltd., Avlite Systems (Avlite Systems, part of SPX Corporation), Eaton Corporation plc, Koninklijke Philips N.V, TKH Airport Solutions B.V., Youyang Airport Lighting Equipment Inc.
The report segmented the market based on region, product type and application.
Product Type Insights:
- LED Lighting
- Non-LED Lighting
Application Insights:
- Landside
- Airside
- Runway Lighting
- Taxiway Lighting
- Approach Lighting
- Obstruction and Beacon Lighting
- Others
- Terminal Side
Regional Insights:
- North America
- United States
- Canada
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
Key Highlights of the Report:
Market Performance (2017-2022)
Market Outlook (2023-2028)
Market Trends
Market Drivers and Success Factors
Impact of COVID-19
Value Chain Analysis
Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
Contact us:
IMARC Group
Email: sales@imarcgroup.com
USA: +1-631-791-1145 | Asia: +91-120-433-0800
Address: 134 N 4th St. Brooklyn, NY 11249, USA
Website: https://www.imarcgroup.com/
Follow us on Twitter: @imarcglobal
Linkedin: https://www.linkedin.com/company/imarc-group
Comments
0 comment