Airport Lighting Market estimated to grow at a CAGR of 7.6% in the forecast period (2016-2021)

The report on the Airport Lighting Market has been launched by Stratview Research is an all-inclusive report that talks about the market structure and growth in the forecast period of 2016-2021. The report also offer insights into different market segments and other factors affecting the market.

Stratview Research’s report states about the segment-wise current market condition, and also offers an estimation about future growths. The report has been generated after accumulating data from various authenticated sources such as journals, white papers, fact book, etc. As per the estimation, Airport Lighting Market is expected to inflate at a CAGR of 7.6% by the forecast period (2016 – 2021).

As per the report, the market is segmented by:
●by Aircraft Type (Commercial Airport and Military Airport)
●by Light Type (Runway Lighting System, Taxiway Lighting System, and Others) – Runway lighting system will remain the largest lighting type segment.
●by Position Type (In-Pavement, Elevated Lights, and Fabrics)
●by Technology Type (LED Lighting and Non-LED Lighting) – LED lights are expected to witness the highest growth.
●and by Region (North America, Europe, Asia-Pacific, and RoW) – North America to remain the largest market.

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

Highlights of the Report:
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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Key Players of the Market
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.

Features of the Report
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 into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. Here are the key features of the report:
• Strategic Segmentation
• Competitive Analysis
• Strategic Growth Opportunities
• Swot Analysis
• Key Players
• Forecast Analysis & Future Growth

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This release was published on openPR.