Press release
Commercial Airport Lighting Market 2018 Key Players: Honeywell, Siemens AG, vosla Gmbh, ADB Airfield Solutions, Avlite Systems,
Description:
Commercial Airport Lighting -Global Market Status and Trend Report 2018-2021 offers a comprehensive analysis on Commercial Airport Lighting industry, standing on the readers’ perspective, delivering detailed market data and penetrating insights. No matter the client is industry insider, potential entrant or investor, the report will provides useful data and information.
Technological service providers are concentrating on making the lighting systems of airports a lot more proficient. They are also working towards improving the mechanisms that control & monitor the lighting. All of these aspects cumulatively work in favor of the global commercial airport lighting market.
It is an obvious fact that airplanes are the most important means of conveyance for people. People won’t stop using airplanes to travel anytime soon. Owing to this, it can be confidently said that the commercial airport lighting market will soar during the forecast period. Experts believe that the industry will earn above USD 724.8 million during 2018 – 2022. In terms of CAGR, the market is expected to grow at the rate of 6.89%.
The rapid development of the market can be attributed to a number of growth drivers. Rising concerns regarding passenger & aircraft safety can be termed as the chief growth factor for the market.
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Major Key Players
Abacus Lighting,
atg airports limited,
Honeywell,
Siemens AG,
vosla Gmbh,
ADB Airfield Solutions,
Avlite Systems,
Carmanah Technologies Corp.,
Crouse-Hinds,
Hella KGaA Hueck & Co.
The Global Commercial Airport Lighting Market going to Upsurges To Perceive Heightened Growth By 2021
Market Segmentation
The worldwide commercial airport lighting market has been bifurcated into applications and geographies.
On the basis of applications, the market is divided into terminal lighting, landside lighting & airside lighting.
When it comes to geographies, the market has been spread across various regions like North America, Europe, Asia Pacific & Rest of the World. Out of these the Asia Pacific region is expected to grow at the CAGR of around 11.76%.
Current Trends
There are many trends that cumulatively contribute to the growth of this market. Some of the trends for the global commercial airport lighting market are high need for enhancement of security at airports, emergence of novel products & technologies for monitoring purposes, increased usage of solar LED lights and the distribution of NB-loT to develop smart airports.
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At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
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