Runway Lighting Market 2019-2026 Industry Key Insights and Top Companies Honeywell, Hella (TKH), Eaton, OSRAM, OCEM Airfield Technology among Others

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.

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.

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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.

The worldwide market for Runway Lighting is expected to grow at a CAGR of roughly 3.8% over the next five years, will reach 320 million US$ in 2024, from 260 million US$ in 2019, according to a new GIR (Global Info Research) study.

This report focuses on the Runway Lighting in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.

Market Segment by Manufacturers, this report covers 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

Market Segment by Type, covers
-Halogen
-LED

Market Segment by Applications, can be divided into
-Civilian and Commercial Airport
-Military Airport

The content of the study subjects, includes a total of 15 chapters:
Global Runway Lighting Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2024

1, to describe Runway Lighting product scope, market overview, market opportunities, market driving force and market risks.
2, to profile the top manufacturers of Runway Lighting, with price, sales, revenue and global market share of Runway Lighting in 2017 and 2018.
3, the Runway Lighting competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
4, the Runway Lighting breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2014 to 2019.
5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2014 to 2019.
10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2014 to 2019.
12, Runway Lighting market forecast, by regions, type and application, with sales and revenue, from 2019 to 2024.
13, 14 and 15, to describe Runway Lighting sales channel, distributors, customers, research findings and conclusion, appendix and data source.

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