Press release
Airport Lighting Market - Industry Trends and Forecast to 2028
The Global Airport Lighting Market Growth at a rate of 8.95% in the forecast period 2022 to 2028The Global Airport Lighting Market Size
Airport lighting market is segmented on the basis of type, position and technology. The growth among various segments helps in the better analyzation of growth and strategies for better vision of the market.
On the basis of type, airport lighting market is segmented into runway, taxiway & apron lighting systems.
Based on position, the airport lighting market is segmented into In-pavement lighting, elevated lighting & PAPI
Based on technology, the airport lighting market is segmented into non-LED and LED.
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Market Analysis and Insights - Global Airport Lighting Market
Airport lighting market will reach at an estimated value of USD 213 million by 2028 and grow at a rate of 8.95% in the forecast period 2021 to 2028. Increase in the expansion of airport infrastructure acts as the vital factor escalating the demand for airport lighting market in the forecast period of 2021- 2028.
Airport lights are generally used to illuminate airport runway during night or in low visibility conditions. Airport lighting helps the pilots to identify take-off, runway and touchdown areas, and other areas and obstacles on the airfield.
Increase in the control of maintenance costs is the major driver escalating the market growth, also rise in the focus towards reducing energy consumption, rise in the research and development activities and rise in the economic growth of the country are the major factors among others driving the airport lighting market growth. Moreover, rise in the transition to electric and solar-powered LED technology will further create new opportunities for the airport lighting market manufacturers in the forecast period of 2021- 2028.
However, rise in the visibility issues due to adverse weather conditions acts as the major factor acting as restraints, and will further challenge the growth of airport lighting market in the forecast period.
This airport lighting market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on airport lighting market contact Data bridge market research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Airport Lighting Market Country Level Analysis
Airport lighting market is analyses and market size, volume information is provided by country, type, position and technology as referenced above.
The countries covered in airport lighting market report are U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa
Asia-Pacific dominates the airport lighting market due to rise in the focus towards reducing energy consumption and rise in the research and development activities in this region.
Global Airport Lighting Market Share Analysis
Airport lighting market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to the airport lighting market.
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Key Players Global Airport Lighting Market
The major players covered in the airport lighting market report are Honeywell International Inc., ADB SAFEGATE, ABB, vosla GmBH, Avlite, Carmanah, Eaton, atg airports limited, Avionics Group and HELLA GmBH & Co. KGaA among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analyst understands competitive strengths and provides competitive analysis for each competitor separately.
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