Press release
Airport Lighting Market Projected to be Worth US$ 1,039.2 Mn by 2027 – Lead by ADB Safegate, Airfield Lighting, Astronics, Avlite Systems, Carmanah Technologies, Eaton, General Electric, Honeywell International and OCEM Airfield Technology
Airport Lighting Market
Airport Lighting Market is accounted to US$ 540.6 Mn in 2018 and is expected to grow at a CAGR of 7.7% during the forecast period 2019 - 2027, to account to US$ 1,039.2 Mn by 2027.
APAC is anticipated to be the fastest-growing region and is the highest revenue contributor throughout the forecast period owing to the huge rise in air traffic in countries namely China, India, Singapore, and Japan. China is foreseen to outpace the US by 2024, owing to the stupendous growth in air traffic in the nation. Whereas, India is expected to displace the UK to become the third-largest commercial air carriers in the world. These factors are positively impacting on the growth of APAC airport lighting market.
Get PDF Sample Copy of this Report @ https://bit.ly/2Wsll7e
Top Leading Market Players:
1. ADB Safegate
2. Airfield Lighting
3. Astronics Corporation
4. Avlite Systems
5. Carmanah Technologies
6. Eaton (Cooper Industry)
7. General Electric
8. Honeywell International Inc.
9. OCEM Airfield Technology
10. OSRAM GmbH
Renovation of Existing Airports is Stimulating the Demand for Airport Lighting Solutions
The modern-day aircraft are built with advanced technologies which communicate with other technologies, thereby, easing the flying operations. The airport across the globe are increasingly emphasizing on the up gradation and renovation of runways, taxiways, and aprons along with aircraft obstruction architectures. According to CAPA Airports Construction Database, in 2019, more than US$ 500 Billion to be invested in the renovation of airports including terminals, runways, taxiways, and apron areas. The renovation activities include up gradation of lighting fixtures with more advanced technologies, to simplify the airport operations.
Growing Trend of Integrating Advanced Technologies in Airfield Ground Lighting Solutions
The airport lighting solutions have come a long way with continuous advancements in the industry. Also, the adoption of technologically robust airfield lighting systems has been remarkable over the years. The manufacturers of airport lighting systems invest significant time and amounts in their research and development wing. The increasing emphasize on R&D of lights is to innovate, design, and develop more advanced solutions to cater to the demand for brighter and cleaner lights. Thus, the airport lighting market is anticipated to bolster in the forecast period.
Application Segment Insights
The airport lighting market by application is bifurcated as existing airports and new airports. The construction of new airports enable the airport authorities to procure advanced and technologically robust products with an objective to better serve the passengers, aircraft pilots, traffic controllers, and ground handlers. The different types of robust airport lights play a critical role in the construction of new runways, new taxiways, and obstruction towers, among others. Thus, enhancing the airport lighting market in the forecast period.
Airport Lighting Market Segmentation :
Global Airport Lighting Market - By Type
• Airport Beacon
• Obstruction Lights
• Approach Indicator Lights
• Runway Centerline Lights
• Taxiway Lights
• Others
Global Airport Lighting Market - By Application
• Existing Airport
• New Airport
Enquiry for Discount @ https://bit.ly/2WweOIS
Reasons to Buy the Report:
• Learn about the driving factors, affecting the market growth.
• Imbibe the advancements and progress in the market during the forecast period.
• Understand where the market opportunities lies.
• Compare and evaluate various options affecting the market.
• Pick up on the leading market players within the market.
• Envision the restrictions and restrains that are likely to hamper the market.
Contact Us:
The Insight partners,
Phone: +1-646-491-9876
Email: sales@theinsightpartners.com
Website: www.theinsightpartners.com
About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Healthcare, Manufacturing, Automotive and Defense.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Airport Lighting Market Projected to be Worth US$ 1,039.2 Mn by 2027 – Lead by ADB Safegate, Airfield Lighting, Astronics, Avlite Systems, Carmanah Technologies, Eaton, General Electric, Honeywell International and OCEM Airfield Technology here
News-ID: 1810569 • Views: …
More Releases from The Insight Partners
Pet Food Extrusion Market: Demand, Size, Shares, Growth, Trend, Segmentation, To …
Pet Food Extrusion Market study by "The Insight Partners" provides details about the market dynamics affecting the market, Market scope, Market segmentation and overlays shadow upon the leading market players highlighting the favorable competitive landscape and trends prevailing over the years.
Furthermore, the Pet Food Extrusion Market full research study is designed on account of the fact that each segment is individually assessed and then collated to form the whole market,…
Military High-Speed Rescue Boat Market Size, Growth, Demand, Opportunities, Late …
The Insight Partners provides you global research analysis on "Military High-Speed Rescue Boat Market" and forecast to 2031. The report aims to provide an overview of the Military High-Speed Rescue Boat Market with detailed market segmentation by type and distribution channel. The global Military High-Speed Rescue Boat Market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading…
Global Pharmacovigilance and Drug Safety Software Market: Trends and Growth Outl …
The rise in a high volume of pharmacovigilance data and ADR events during recent years across the globe is a prime contributing factor to the rising demand for sophisticated pharmacovigilance and drug safety software. The industry players operating in the market of pharmacovigilance (PV) and drug safety market include AB Cube, United BioSource LLC, ARISGLOBAL LLC, Sparta Systems, Inc., Oracle Corporation, Sarjen Systems Pvt. Ltd., EXTEDO, ENNOV, Max Application, and…
Cyber Knife Market Analysis: Opportunities and Future Outlook
Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability…
More Releases for Airport
Toronto Pearson Airport Taxi Offers Top-Notch Airport Transportation
Image: https://www.getnews.info/wp-content/uploads/2024/07/1720188697.jpeg
Toronto Pearson Airport Taxi Provides Unmatched Convenience and Reliability for Travelers.
Toronto, ON - July 5, 2024 - Toronto Pearson Airport Taxi is the premier choice for all airport transportation needs. The company guarantees its passengers a smooth and stress-free trip to and from Pearson International Airport by focusing on excellent customer service. With a fleet of modern vehicles and professional drivers, Toronto Pearson Airport Taxi offers reliability and…
Optimizing Airport Operations : The Evolving Airport Stands Equipment Market
The global airport stands equipment market was valued at $3.97 billion in 2020, and is projected to reach $7.22 billion by 2030, registering a CAGR of 6.4%.
𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐚𝐠𝐞𝐬 : https://www.alliedmarketresearch.com/request-sample/1080
By stands the airport stands equipment market is segregated into engine access, landing gear access, wheel, aircraft entry, cabin interior, and others. The aircraft entry segment accounted for the highest revenue in 2020, owing to increase in demand for airport…
Airport Market to See Strong Investment Opportunity | Ciudad Juárez Internation …
The “ Airport - Market Development Scenario ” Study has been added to HTF MI database. The study covers in-depth overview, description about the Product, Industry Scope and elaborates market outlook and growth status to 2027. At present, the market is developing its presence following current economic slowdown and its Impact. Some of the key players considered in the study are Ciudad Juárez International Airport, Mérida International Airport, Mexico City…
Duty-free Shopping Market Projections Highlighting Primary Trends until 2027-Dub …
Duty-free Shopping Market 2021-2027 Financial Insights, Business Growth Strategies with Competitive Landscape
The Duty-free Shopping Market Research study published by MarketInsightsReports, entitled Global Duty-free Shopping Market Growth 2021-2027 consists of the market share, size, segmentation, and current trends. The study also contains the numerical research of the global Duty-free Shopping market on a global level and offers planning and designing statistics to boost business development. The report author has included key competitive landscape (upcoming identifiers)…
Airport IT Spending Market is Booming Worldwide| RESA AIRPORT DATA SYSTEMS, Rock …
HTF MI recently introduced Global Airport IT Spending Market study with in-depth overview, describing about the Product / Industry Scope and elaborates market outlook and status to 2023. The market Study is segmented by key regions which is accelerating the marketization. At present, the market is developing its presence and some of the key players from the complete study are Amadeus IT Group, RESA AIRPORT DATA SYSTEMS, Rockwell Collins, SITA…
Aerotropolis Market Report 2018: Segmentation by Airport Type (greenfield airpor …
Global Aerotropolis market research report provides company profile for Skanska, Turner Construction, Walsh Group, Austin Industries, HENSEL PHELPS and Others.
This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2018 to 2025, etc. The report also provides detailed segmentation on…
