The Future of Airport Lighting Market in the forecast period (2016-2021) as predicted by Stratview Research

The report on Airport Lighting to be published by Stratview Research focusses on current trend insights and also predicts about the market condition and its future in the forecast period of 2016 – 2021

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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.

Get a description of the report here: https://www.stratviewresearch.com/162/airport-lighting-market.html

Lighting System Type Segment
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.

Technology Type Segment
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.

Region Wise Segment
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.

Check the Table of Contents to browse through the report better: https://www.stratviewresearch.com/toc/162/airport-lighting-market.html

Highlights of the Report:
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 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.

Features of the Report
This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools.
Based on the research, a proper report is crafted with the following key features:
• 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

Know more about us and our reports:
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This release was published on openPR.