Runway Lighting Market 2018: Global Industry Analysis by Top Key Player Honeywell, Hella (TKH), Eaton, OSRAM, Astronics, Youyang, Airsafe Airport Equipment, Carmanah Technologies, ATG Airports
Global Runway Lighting Market is expected to reach USD 320 Million by 2023 from USD 260 Million in 2017, at a CAGR grow of roughly 3.8% over the next five years.
Runway Lighting Industry, Global Runway Lighting Market, Runway Lighting Market Size, Runway Lighting Industry Growth
Lights are easily one of the most important fixtures present on a runway. Runway lights guide pilots during the takeoff and landing procedures. In reality, all lights on an airfield are essential to the safe and efficient aircraft operations during takeoff, landing, and taxiing.
Runway edge lights are white, transitioning to amber near the departure end of the runway. The ends, or thresholds, of the runways have green lights at the beginning of the runway, or approach end. The departure end is marked by red lights delineating the end of operational pavement. Recessed in-pavement runway lights, also white in color, are common at most large airports to provide enhanced runway visibility. These lights are typically used in conjunction with approach light systems, which extend beyond the runway ends, providing a visual queue for the pilots to line-up the aircraft during approach.
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The runway lighting market is predominantly driven by the increasing number of airports globally. Increase in demand for low-cost lights in the emerging countries is considered as one of the most significant factors driving the growth of the runway lighting market. In addition to this, the increasing usage of LED lights and mood lighting are further propelling the growth of this market.
The leading companies own the advantages on better performance, more abundant product’s types, better technical and impeccable after-sales service. Consequently, they take the majority of the market share of high-end market. Looking to the future years, the slow downward price trend in recent years will maintain. As competition intensifies, prices gap between different brands will go narrowing. Similarly, there will be fluctuation in gross margin.
The industry is expected to remain innovation-led, with frequent acquisitions and strategic alliances adopted as the key strategies by the players to increase their industry presence. Market stays in mature period with a clear concentration. Meanwhile, optimize product mix and further develop value-added capabilities to maximize margins. Manufacturers can take advantage of this situation by reinforcing their production units and supply-chains to avoid any delay in production turn-around-times (TAT) and supply-lead-times.
Scope of the Report:
This report focuses on the Runway Lighting Market, especially in North America, Europe, Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, types and applications.
Runway Lighting Market Segment by Top Manufacturers Including:
ADB SAFEGATE, Honeywell, Hella (TKH), Eaton, OSRAM, OCEM Airfield Technology, Astronics, Youyang, Airsafe Airport Equipment, Carmanah Technologies, Vosla (NARVA), ATG Airports, Avlite Systems (Sealite) & Transcon.
Runway 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)
Runway Lighting Market Segment by Type covers
Market Segment by Applications can be divided into:
• Civilian and Commercial Airport
• Military Airport
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There are 15 Chapters to deeply display the global Runway Lighting market.
Chapter 1, to describe Runway Lighting Market Introduction, product scope, market overview, market opportunities, market risk, market driving force;
Chapter 2, to analyze the top manufacturers of Runway Lighting, with sales, revenue, and price of Runway Lighting, in 2016 and 2017;
Chapter 3, to display the competitive situation among the top manufacturers, with sales, revenue and market share in 2016 and 2017;
Chapter 4, to show the global market by regions, with sales, revenue and market share of Runway Lighting, for each region, from 2013 to 2018;
Chapter 5, 6, 7, 8 and 9, to analyze the key regions, with sales, revenue and market share by key countries in these regions;
Chapter 10 and 11, to show the market by type and application, with sales market share and growth rate by type, application, from 2013 to 2018;
Chapter 12, Runway Lighting market forecast, by regions, type and application, with sales and revenue, from 2018 to 2023;
Chapter 13, 14 and 15, to describe Runway Lighting sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source
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