Press release
Future of the Airport Smart Lighting Market: Trends, Innovations, and Key Forecasts Through 2034
Airport Smart Lighting Market Size
Airport Smart Lighting Market Size Growth Forecast: What to Expect by 2025?
In recent times, there has been a significant growth in the airport smart lighting market. It is projected to rise from a worth of $1.12 billion in 2024 to $1.23 billion in 2025, reflecting a compound annual growth rate (CAGR) of 10.0%. This growth over the historic period is linked to factors such as energy efficiency rules, improved passenger experiences, cost-effectiveness, safety and security measures, insights driven by data, and compliance mandates.
How Will the Airport Smart Lighting Market Size Evolve and Grow by 2029?
Forecasted to experience robust expansion in the coming years, the airport smart lighting market is projected to escalate to a market value of $1.78 billion by 2029, with a compound annual growth rate (CAGR) of 9.7%. This predicted surge during the forecast period can be ascribed to factors such as increasing demand for energy-efficient solutions, emphasis on improving passenger experience, stringent security requirements, cost-effectiveness, operational efficiency, compliance with regulations, data-oriented decision making, and the introduction of smart airport measures. Salient trends expected to emerge throughout the forecast period comprise the application of LED technology, incorporation of IoT and sensors, concentration on sustainability, enhanced passenger experience, incorporation of smart airport ecosystem, capabilities for remote monitoring and management, and insights and analytical interpretation powered by data.
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What Drivers Are Propelling the Growth of Airport Smart Lighting Market Forward?
The increased demand for air travel is predicted to fuel the growth of the airport smart lighting market. Often conducted between various locations, regions, or nations, air travel involves transporting passengers and goods using an aircraft. It's the enhancements in technology, competition within the airline industry, and the growth of low-cost carriers that are driving the rising demand for air travel due to increased availability and affordability. Airport smart lighting plays a part in improving air travel by boosting visibility, safety, and energy efficiency through dynamic adjustments tailored to suit passenger traffic, weather conditions, and time of day, thereby enhancing the overall airport experience and operational efficiency. For example, Eurostat, the EU's Luxembourg-based statistical office, stated in November 2023 that there was a notable increase in air travel within the EU. The total number of passengers reached 820 million in 2022, marking a significant increase of 119.3% compared to the previous year. As a result, the growing demand for air travel is propelling the airport smart lighting market's growth.
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Which Emerging Trends Are Transforming the Airport Smart Lighting Market in 2025?
Leading corporations in the airport smart lighting market are shifting their attention towards the creation of cutting-edge solutions like sensor-based lighting, to establish a competitive advantage. This refers to lighting mechanisms that incorporate sensors to react to changes in ambient conditions or occupancy, adjusting the intensity of light for better passenger experience within airport facilities. For example, in May 2022, ADB Safegate BVBA, an airport lighting corporation based in Belgium, introduced the AXON EQ LED. These lights feature in-built sensors that gather crucial data for airport operators, allowing for precision in identifying maintenance requirements and streamlining operations. These AXON EQ LED lights ADB SAFEGATE's Airfield 4.0 technology, designed to upgrade airport procedures through advanced routing and guidance capabilities. This technology aids in improving safety and reducing energy usage in airports.
What Are the Key Segments in the Airport Smart Lighting Market?
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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Who Are the Key Players Shaping the Airport Smart Lighting Market's Competitive Landscape?
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.
What Geographic Markets Are Powering Growth in the Airport Smart Lighting Market?
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.
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