Global Airport Lighting Market, By Type (Runway, Taxiway & Apron Lighting Systems), Position (In-Pavement Lighting, Elevated Lighting & PAPI), Technology (Non-LED, LED), Country (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) Industry Trends and Forecast to 2028.
Market Analysis and Insights: Global Airport Lighting Market
Airport lighting market will reach at an estimated value of USD 213 million by 2028 and grow at a rate of 8.95% in the forecast period 2021 to 2028. Increase in the expansion of airport infrastructure acts as the vital factor escalating the demand for airport lighting market in the forecast period of 2021- 2028.
Airport lights are generally used to illuminate airport runway during night or in low visibility conditions. Airport lighting helps the pilots to identify take-off, runway and touchdown areas, and other areas and obstacles on the airfield.
Increase in the control of maintenance costs is the major driver escalating the market growth, also rise in the focus towards reducing energy consumption, rise in the research and development activities and rise in the economic growth of the country are the major factors among others driving the airport lighting market growth. Moreover, rise in the transition to electric and solar-powered LED technology will further create new opportunities for the airport lighting market manufacturers in the forecast period of 2021- 2028.
However, rise in the visibility issues due to adverse weather conditions acts as the major factor acting as restraints, and will further challenge the growth of airport lighting market in the forecast period.
This airport lighting market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on airport lighting market contact Data bridge market research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Airport Lighting Market Scope and Market Size
Airport lighting market is segmented on the basis of type, position and technology. The growth among various segments helps in the better analyzation of growth and strategies for better vision of market.
- On the basis of type, airport lighting market is segmented into runway, taxiway & apron lighting systems.
- Based on position, the airport lighting market is segmented into In-pavement lighting, elevated lighting & PAPI
- Based on technology, the airport lighting market is segmented into non-LED and LED.
Airport Lighting Market Country Level Analysis
Airport lighting market is analyses and market size, volume information is provided by country, type, position and technology as referenced above.
The countries covered in airport lighting market report are 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
Asia-Pacific dominates the airport lighting market due to rise in the focus towards reducing energy consumption and rise in the research and development activities in this region.
The country section of the airport lighting market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Global Airport Lighting Market Share Analysis
Airport lighting market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to airport lighting market.
The major players covered in the airport lighting market report are Honeywell International Inc., ADB SAFEGATE, ABB, vosla GmBH, Avlite, Carmanah, Eaton, atg airports limited, Avionics Group and HELLA GmBH & Co. KGaA among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analyst understands competitive strengths and provides competitive analysis for each competitor separately.
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Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated 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 drop down your inquiry.
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. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional 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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