Runway Lighting Market – Growth Opportunities & Technology Developments by 2025

"Runway Lighting Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025 " is the latest addition to MarketResearchReports.Biz industry research reports collection.

The objectives of this study are as follows:

To define, describe, and forecast the "Runway Lighting" market by type, application, component, delivery model, end user, and region
To provide detailed information regarding major factors influencing market growth (drivers, restraints, opportunities, and industry-specific challenges)
To analyze micromarkets with respect to individual growth trends, prospects, and contributions to the overall market
To analyze opportunities in the market for stakeholders and provide details of the competitive landscape for market leaders
To forecast the market size of market segments with respect to the four key regions: North America, Europe, Asia, and the Rest of the World (RoW)
To strategically profile the key players and comprehensively analyze their product portfolios, market positions, and core competencies

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Runway lights are the lighting solutions which are used for a wide variety of indications and warnings on a runway, in darkness or at low visibility. All the runways which are licensed for use at night are bound to have runway lightings. The lightings which are more commonly seen on the runways are runway edge lights, runway threshold lights, and runway end lights. Depending on the need, the intensity of the light could vary, such as high intensity light and low intensity light. In the high intensity runway lights, the intensity is variable, while the low intensity runway lights have one intensity setting. Runway lights are essential for takeoff, landing, and taxiing activities such as guiding the pilots to identify the starting line of the runway, end line, correct route to be followed, and identifying the taxiway area. Runway lights are available in a range of colors such as white, red, green, and yellow.

The significant growth of the aviation industry is said to be one of the prominent factors affecting the global runway lighting market. Timely repairing of runway lighting systems owing to the heavy maintenance associated with runway lights, especially in remote areas could create severe problems while handling multiple flights, which could be one of the restraints for the growth of the global runway lights market. Infrared cameras are used by pilots for increased visibility of the heat emitting objects around the runway. But the LED lights which are often used in runway lights hampers the clear view through the infrared cameras, creating difficulty while determining the key spots for landing in denser climate conditions, which could be one of the factors negatively affecting the growth of the global runway lights market. The runway lights market is expected to have significant potential in the North American region due to the substantial growth of the aviation industry in this region.

The global runway lights market can be segmented in terms of use of light, end user, and geographical locations. Based on use of light, the global runway lights market is sub segmented into four parts namely- runway edge lights, runway threshold lights, runway end lights, and others. Runway edge lights are used to outline the edges of a runway with restricted visibility scenarios. The runway threshold lights are used to declare the beginning of the landing distance. The runway end lights are used to indicate the end of the runway. The primary difference between the three is the color of the lights. The other types could include lights like runway exit taxiways, stop way lighting, runway centerline lighting, touchdown zone lighting, rapid exit taxiway indicator lights, caution zone lights and more. In terms of end user type, the global runway lighting market can be sub segmented into three parts namely- military, commercial, and other. The commercial sub segment is expected to have a significant share of the global runway lights market during the forecast period. As per geographical locations, the market is sub segmented into North America, South America, Middle East & Africa, Asia Pacific, and Europe. North America is likely to have a prominent market share during the forecast period.

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There are many players in the global runway lights market due to the prominent growth of the aviation industry. Some of the key players are Philips Lighting Holding, Honeywell, Cree, ADB Airfield Solutions (Safegate), Carmanah Technologies, Abacus Lighting, OCEM Airfield Technology, ATG Airports, Vosla (NARVA), Youyang, Eaton, Hella, OSRAM, and Astronics Corporation.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

Market segments and sub-segments
Market trends and dynamics
Supply and demand
Market size
Current trends/opportunities/challenges
Competitive landscape
Technological breakthroughs
Value chain and stakeholder analysis
The regional analysis covers:

North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

A complete backdrop analysis, which includes an assessment of the parent market
Important changes in market dynamics
Market segmentation up to the second or third level
Historical, current, and projected size of the market from the standpoint of both value and volume
Reporting and evaluation of recent industry developments
Market shares and strategies of key players
Emerging niche segments and regional markets
An objective assessment of the trajectory of the market
Recommendations to companies for strengthening their foothold in the market

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