Airfield Lighting Systems Market 2022 Industry Future Growth, Key Player Analysis and Forecast 2027- ADB Safegate, Honeywell International Inc

The report provides a strategic analysis of the Global Airfield Lighting Systems Market and the growth estimates for the forecast period 2022 to 2027. The report offers qualitative and quantitative insights and a detailed analysis of market size & growth rate for all possible segments in the market. This report focuses on the major drivers, restraints, opportunities, and threats for key players. Also report focuses on Airfield Lighting Systems Market Trends, volume, and value at the global level, regional level, and company level.

The Airfield Lighting Systems Market is expected to register a CAGR of 7.3% over the forecast period 2022 – 2027.

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Top companies operating in the Global Airfield Lighting Systems market profiled in the report are:

ADB Safegate, Honeywell International Inc., TKH Group NV (TKH Airport Solutions), Multi Electric - OCEM Airfield, Airsafe Airport Equipment Co. Ltd, ABB, Eaton, Youyang Airport Lighting Equipment Inc., ATG Airports Limited, Astronics Corporation, Abacus Lighting Limited, Koninklijke Philips NV, Siemens AG, Hella KGaA Hueck＆Co.

Industry News:

In July 2021, more than 130 lights that make up the runway lighting system at the Mariehamn Airport were replaced with eco-friendly LED lighting. The energy consumption of the new LED lighting is about 30% of the previous lights’ energy consumption.
In March 2021, TKH Airport Solutions announced the launch of a new product family of elevated airfield ground lights. Key features of the new 797-series are the low energy consumption, the IP69 rating, and the individually controllable circling guidance light and heated front glass.
In March 2021, Florida’s Boca Raton Airport (BCT) installed a Hali-Brite LED rotating beacon, the first navigation aid of its kind to receive FAA approval for use at public airports. The new beacon provides a higher light output than conventional metal halide rotating beacons.

Market Segmentation by Types covers:

Runway Lights
Taxiway Lights
Ground Guidance Lights
Obstruction Lights
Others

Market Segmentation by Applications covers:

Civil Airport
Military Airport

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Asia-Pacific to Experience the Fastest Growth in the Coming Years

Currently, Asia-Pacific has the largest market share, and it is expected to grow rapidly during the forecast period. The construction of new airports and modernization of the existing airports are expected to generate demand for new and innovative lighting systems in this region. China is currently the largest aviation market in 2020 in terms of passenger traffic. A similar surge in passenger traffic in various countries like India, Indonesia, and Australia, among others is expected to increase the investments towards expanding their existing aircraft infrastructure and construction of new airports in the countries. This is expected to drive the growth of the commercial airport lighting market in the region during the forecast period.

Regional Analysis for Airfield Lighting Systems Market:

North America, Latin America, Asia-Pacific, Africa, Europe, and others have been studied at length based on various parameters of businesses such as type, size, application, and end-users.  The global Airfield Lighting Systems Market is presented for niche reading. The report presents portfolios of different strategies and the best practices governing businesses. Some applicable sales methodologies have been included in this research report, that could influence business output.

Major Points Covered in Table of Content:

Chapter 1: Airfield Lighting Systems Market Overview

Chapter 2: Analysis of Strategies of Leading Players of Airfield Lighting Systems Market

Chapter 3: Study on Key Market Trends

Chapter 4: Airfield Lighting Systems Market Forecasts

Chapter 5: Regional Growth Analysis of Airfield Lighting Systems Market

Chapter 6: Market Analysis

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– To understand the future outlook and prospects for the Airfield Lighting Systems Market.

– To know the Key market trends across the business segments, Regions, and Countries.

– To analyze competitive growths such as new product launches, agreements, and share in the market.

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