Press release
Global Runway Lighting Market Insights - Industry Share, Sales Projections, and Demand Outlook 2024-2030-PicoBrew,Speidel,Grainfather
Market players, stakeholders, and other interested parties are the best receivers of trusted insights and strategic advice that the report provides to help them achieve their mission-critical priorities when operating in the global Runway Lighting market. The experienced research analysts who have authored the report offer useful guidance to capitalize on market opportunities that matter the most. The guidelines offered in the report also help to find effective solutions to certain business issues related to the global Runway Lighting market. With strong data and metrics, verified peer-driven research, and forward-thinking insights, the analysis provided in the report helps to make the right business decisions.
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Lights are easily one of the most important fixtures present on a runway. Runway lights guide pilots during the takeoff and landing procedures. In reality, all lights on an airfield are essential to the safe and efficient aircraft operations during takeoff, landing, and taxiing.
Runway edge lights are white, transitioning to amber near the departure end of the runway. The ends, or thresholds, of the runways have green lights at the "beginning" of the runway, or approach end. The departure end is marked by red lights delineating the end of operational pavement. Recessed in-pavement runway lights, also white in color, are common at most large airports to provide enhanced runway visibility. These lights are typically used in conjunction with approach light systems, which extend beyond the runway ends, providing a visual queue for the pilots to line-up the aircraft during approach.
The global Runway Lighting market was valued at US$ 337 million in 2023 and is anticipated to reach US$ 482 million by 2030, witnessing a CAGR of 5.3% during the forecast period 2024-2030.
Global Runway Lighting key players include ADB SAFEGATE, Honeywell, Hella (TKH), Eaton, OSRAM, etc. Global top five manufacturers hold a share about 60%.
Europe is the largest market, with a share over 30%, followed by North America and China, both have a share about 40 percent.
In terms of product, LED is the largest segment, with a share over 60%. And in terms of application, the largest application is Civilian and Commercial Airport, followed by Military Airport.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Runway Lighting, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Runway Lighting.
The Runway Lighting market size, estimations, and forecasts are provided in terms of sales quantity (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Runway Lighting market comprehensively. Regional market sizes, concerning products by Light, by End Users, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Runway Lighting manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, sales, and average price for the overall market and the sub-segments across the different segments, by company, by Light, by End Users, and by regions.
Market Segmentation
By Company
ADB SAFEGATE
Honeywell
Hella (TKH)
Eaton
OSRAM
OCEM Airfield Technology
Astronics
Youyang
Airsafe Airport Equipment
Carmanah Technologies
Vosla (NARVA)
ATG Airports
Avlite Systems (Sealite)
Transcon
Segment by Light
Halogen
LED
Segment by End Users
Civilian and Commercial Airport
Military Airport
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
Chapter Outline:
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: key insights, key emerging trends, etc.
Chapter 3: Manufacturers competitive analysis, detailed analysis of Runway Lighting manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 5 & 6: Sales, revenue of Runway Lighting in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 7: Provides the analysis of various market segments by Light, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 8: Provides the analysis of various market segments by End Users, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: The main points and conclusions of the report.
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