Airport Lighting Market is expected to rise at annual rate 8.95% in the forecast period of 2021 to 2028 and is further estimated to reach USD 213 million by 2028 due to the increasing expansion of airport infrastructure.
On the other hand, increase in the visibility issues due to adverse weather conditions are expected to obstruct the market growth in the above mentioned forecast period and is further projected to challenge the airport lighting market.
According to Data Bridge Market Research the markets for airport lighting is accelerating because of the growing control of maintenance costs and increase in the focus towards reducing energy consumption. Additionally, rising economic growth of the country and growing research and development activities positively affect the airport lighting market.
Furthermore, increasing transition to electric and solar-powered LED technology extend profitable opportunities to the market players.
Now the question is which are the other regions that airport lighting market targeting? Data Bridge Market Research has estimated a large growth in Asia-Pacific because of the increase in the focus towards reducing energy consumption and growing research and development activities in this region.
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Airport lighting market is segmented on the basis of countries into 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.
All country based analysis of airport lighting market is further analyzed based on maximum granularity into further segmentation. Airport lighting market on the basis of type, airport lighting market is segmented into runway, taxiway and apron lighting systems. On the basis of position, the airport lighting market is segmented into In-pavement lighting, elevated lighting and PAPI. On the basis of technology, the airport lighting market is segmented into non-LED and LED.
Airport lights are known to be commonly utilized to illuminate airport runway during night or in low visibility conditions.
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Key Market Competitors Covered in the Report
Above are the key players covered in the report, to know about more and exhaustive list of airport lighting companies’ contact us, https://www.databridgemarketresearch.com/toc/?dbmr=global-airport-lighting-market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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Global Airport Lighting Market – Industry Trends and Forecast to 2028