Press release
Airport Smart Lighting Market Forecast 2025-2034: Analysing Major Trends, Opportunities, and Growth Drivers
Airport Smart Lighting Market
The escalation in air travel demand is set to spur the expansion of the airport smart lighting market in the future. Air travel, the conveyance of passengers and goods via aircraft usually across various locations, regions or nations, has been experiencing a surge in demand due to increasing affordability and accessibility of flights. This is primarily attributable to technological advancements, airline competition, and the proliferation of budget-friendly airlines. Airport smart lighting augments air travel experiences by enhancing visibility, safety, and energy efficiency. This efficiency is achieved by dynamically adjusting lighting depending on the volume of passengers, weather conditions, and the time of day, thereby augmenting the overall airport experience and operational proficiency. For example, Eurostat, the Luxembourg-based EU statistical office reported a significant uptick in air travel in the EU in November 2023. The total number of passengers hit 820 million in 2022, a striking increase of 119.3% in comparison to the previous year. Consequently, the burgeoning demand for air travel is accelerating the growth of the airport smart lighting market.
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What is the future CAGR of the airport smart lighting market, and how will it impact industry expansion?
The market size of airport smart lighting has seen robust growth in the past few years. It is projected to expand from $1.12 billion in 2024 to $1.23 billion in 2025, with a compound annual growth rate (CAGR) of 10.0%. The growth experienced during the historical period can be traced back to factors such as energy efficiency regulations, improved passenger experience, cost reductions, safety and security enhancements, data-driven insights, and adherence to compliance requirements.
The market for airport smart lighting is predicted to experience significant growth in the upcoming years, escalating to $1.78 billion by 2029 at a compound annual growth rate (CAGR) of 9.7%. This projected growth within the forecast period can be attributed to factors such as increasing demand for energy efficiency, an emphasis on passenger experience, safety and security requirements, cost-saving and operational efficiency, regulatory compliance, data-guided decision making, and smart airport initiatives. Key trends within the forecast period encompass the implementation of LED technology, the integration of IoT and sensors, a focus on sustainability, amplified passenger experience, integration of the smart airport ecosystem, remote monitoring and management, along with data-driven insights and analytics.
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What are the most significant trends transforming the airport smart lighting market today?
Prominent entities in the airport smart lighting market have been ramping up their efforts to develop innovative solutions like sensor-based lighting to remain competitive. Sensor-based lighting systems are equipped with sensors that can pick up changes in environmental conditions or human presence, adjust lights accordingly, and thus, enhance passenger experience within airport premises. For example, ADB Safegate BVBA, an airport lighting firm based in Belgium, in May 2022, introduced the AXON EQ LED lights. These lights are armed with in-built sensors collecting valuable data for airport operators, allowing them to identify maintenance requirements and streamline operations. The AXON EQ LED lights belong to ADB SAFEGATE's Airfield 4.0 technology. This technology focuses on improving airport operations through advanced routing and guiding resources, increasing safety, and decreasing energy usage across airports.
Which key market segments comprise the airport smart lighting market and drive its revenue growth?
The airport smart lighting market covered in this report is segmented -
1) By Type: Runway Lightings, Taxiway Lightings, Visual Glide Scope Indicator, Other Types
2) By Offering: Hardware, Services, Software
3) By Light Source: Fluorescent Lighting, Halogen Lighting, Incandescent Lighting, Light Emitting Diode (LED) Lighting
4) By Application: Airside, Airport Terminal, Airport Landside, Other Applications
Subsegments:
1) By Runway Lightings: Runway Edge Lights, Runway Threshold Lights, Runway End Lights, Runway Centerline Lights, Runway Distance Remaining Lights
2) By Taxiway Lightings: Taxiway Edge Lights, Taxiway Centerline Lights, Taxiway Turn-Off Lights, Taxiway Guidance Signs, Lead-In Lights
3) By Visual Glide Scope Indicator: PAPI (Precision Approach Path Indicator) Lights, VASI (Visual Approach Slope Indicator) Lights, Aiming Lights For Glide Path Guidance
4) By Other Types: Apron Lights, Airfield Sign Lights, Approach Lights, Obstacle Lighting, Perimeter And Security Lighting
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What regions are at the forefront of airport smart lighting market expansion?
North America was the largest region in the airport smart lighting market in 2024. Asia Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the airport smart lighting market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Who are the leading players fueling growth in the airport smart lighting market?
Major companies operating in the airport smart lighting market are Siemens AG, Honeywell International Inc., Safran S.A., Koninklijke Philips N.V., Signify Holding, Acuity Brands Inc., TKH Airport Solutions, Midstream Ltd., Astronics Corporation, Schreder Group, OCEM Airfield Technology, ADB Safegate, Carmanah Technologies Corp, GMR ENLIGHTS s.r.l, Sealite Pty Ltd., Eaton Corporation, atg airports limited, Delta Obstruction Lighting, Avlite Systems, Cree Inc., Airsafe Airport Equipment Co. Ltd.
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What Is Covered In The Airport Smart Lighting Global Market Report?
• Market Size Forecast: Examine the airport smart lighting market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the airport smart lighting market for a structured understanding.
• Key Players Overview: Analyze major players in the airport smart lighting market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the airport smart lighting market.
• Segment Contributions: Evaluate how different segments drive overall growth in the airport smart lighting market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the airport smart lighting market.
• Industry Challenges: Identify potential risks and obstacles affecting the airport smart lighting market.
• Competitive Landscape: Review strategic developments in the airport smart lighting market, including expansions, agreements, and new product launches.
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