The Airport Lighting Market to experience an impressive growth of 7.6% during 2016-2021

Addressing the most sought-after questions that occupy the minds of entrepreneurs and decision makers, the new report of "Stratview Research" on the Airport Lighting Market, answers all the important questions.

Getting to the bare bones of the issues and factors which are sculpturing the market, Stratview Research brings out the best actionable market intelligence for the global Airport Lighting Market.
The analysts have scrupulously studied the trend and cautiously forecasted the future market developments for 2016-2021.
The important questions the report answers are:
1. What will be the market growth rate in the near future?
2. What are the major developments in the market wrt regulations, acquisitions and innovations?
3. What are the growth drivers as well as the constraints?
4. What are the regional growth hotspots?
5. What are the segmental growth forecasts?
These questions and many more, big and small, are all discussed in the report in great detail.

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https://www.stratviewresearch.com/Request-Sample/162/airport-lighting-market.html

The strategic Market dissection
The dissection of the market is done to enlighten the aspects which are of interest to firms across the value chain.
Dissection by Segments
Light Type Runway Lighting System, Taxiway Lighting System, etc.
Position Type In-Pavement/Inset Lights, Elevated Light, etc.
Airport Type Commercial airport, military airport etc.
Technology Type LED Lighting & Non-LED Lighting
by Region North America, Europe, Asia-Pacific, and RoW

The Growth Prognosis & its Drivers
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.

The Hegemony of Carmanah Technologies Corp.
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.

Table Of Contents: https://www.stratviewresearch.com/toc/162/airport-lighting-market.html

The undisputed Dominance of the North America
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.

Emerging Trends: Runway lighting system is expected to remain the largest lighting type
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.

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This release was published on openPR.