Press release
Global Airport Lighting Market to Grow at CAGR of 7.6% during 2016-2021
This report, from Stratview Research, studies the global airport lighting market over the period 2010 to 2021. The report provides detailed insights on the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.
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The Global Airport Lighting Market: Highlights
The global airport lighting system market offers good growth opportunity and is likely to grow at 7.6% CAGR during the forecast period of 2016 to 2021. Increasing government investment on airport infrastructure driven by increasing passenger traffic and rising disposable income, and high focus on energy efficient lighting systems and lower operational and maintenance costs are some of the key growth drivers of the global airport lighting market. Commercial airport is expected to remain a growth engine of the airport lighting market during the forecast period.
There are several types of lighting system used in an airport, such as runway lighting system, taxiway lighting system, approach lighting, obstruction & beacon lighting, and apron & hanger lighting. Runway lighting system is expected to remain the largest lighting type during the forecast period whereas, apron & hanger lighting system is also expected to experience healthy growth during the same period.
In terms of technology type, LED lights are expected to witness the highest growth during the forecast period, driven by increasing focus on energy efficiency and reduction in overall operation and maintenance cost of the airport.
North America is expected to remain the largest lighting market for airport applications during the forecast period due to the presence of large number of commercial and military airports and high focus towards energy efficiency and low operational cost. Asia Pacific is expected to grow at the highest rate in the next five years. The developing countries, mainly China and India are likely to drive the demand of airport lighting systems in the Asia-Pacific region in the next five years, driven by on-going and upcoming airport infrastructure projects.
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The supply chain of this market comprises raw material suppliers, component manufacturers, light manufacturers, original component manufacturers, and airport owners. Key lighting manufacturers for commercial and military airports are Abacus Lighting, ADB Airfield Solutions, ATG Airports, Carmanah Technologies Corp., Honeywell International, Inc., and Vosla GmbH.
New product development and mergers and acquisitions are the key strategies adopted by the key players to gain competitive edge in the market.
Report Features
This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights on the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:
Market structure: Overview, industry life cycle analysis, supply chain analysis
Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
Market trend and forecast analysis
Market segment trend and forecast
Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
Attractive market segments and associated growth opportunities
Emerging trends
Strategic growth opportunities for the existing and new players
Key success factors
The global airport lighting system market is segmented into the following categories.
Global Airport Lighting Market, By Airport Type
• Commercial Airport (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Military Airport (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Global Airport Lighting Market, By Light Type
• Runway Lighting System (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Taxiway Lighting System (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Approach Lighting System (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Apron and Hanger Lighting System (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Obstruction & Beacon Lighting System (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Other Lighting Systems (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Global Airport Lighting Market, By Position
• In-Pavement/Inset Lights (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Elevated Lights (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Precision Approach Path Indicator (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Global Airport Lighting Market, By Technology
• LED Lighting (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Non-LED Lighting (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Global Airport Lighting Market, By Region
• North America (Country Analysis: USA, Canada, and Mexico)
• Europe (Country Analysis: Germany, France, UK, Russia, and Rest of the Europe)
• Asia-Pacific (Country Analysis: China, Japan, India, and Rest of the Asia-Pacific)
• Rest of the World (Country Analysis: Middle East and Latin America)
About Stratview Research
Stratview Research is a global market intelligence firm providing wide range of services including syndicated market reports, custom research and sourcing intelligence across industries, such as Advanced Materials, Aerospace & Defense, Automotive & Mass Transportation, Consumer Goods, Construction & Equipment, Electronics and Semiconductors, Energy & Utility, Healthcare & Life Sciences, and Oil & Gas.
We have a strong team of industry veterans and analysts with an extensive experience in executing custom research projects for mid-sized to Fortune 500 companies, in the areas of Market Assessment, Opportunity Screening, Competitive Intelligence, Due Diligence, Target Screening, Market Entry Strategy, Go to Market Strategy, and Voice of Customer studies.
Stratview Research is a trusted brand globally, providing high quality research and strategic insights that help companies worldwide in effective decision making.
Category : Aerospace & Defense
https://www.stratviewresearch.com/162/airport-lighting-market.html
Stratview Research is a global market intelligence firm providing wide range of services including syndicated market reports, custom research and sourcing intelligence across industries, such as Advanced Materials, Aerospace & Defense, Automotive & Mass Transportation, Consumer Goods, Construction & Equipment, Electronics and Semiconductors, Energy & Utility, Healthcare & Life Sciences, and Oil & Gas.
Stratview Research
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Email :- sales@stratviewresearch.com
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