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Global Runway Lighting System Market – Industry Trends and Forecast to 2031

Automotive

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Global Runway Lighting System Market – Industry Trends and Forecast to 2031

  • Automotive
  • Upcoming Report
  • Apr 2024
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

Global Runway Lighting System Market – Industry Trends and Forecast to 2031

Market Size in USD Billion

CAGR :  % Diagram

Diagram Forecast Period 2023–2031
Diagram Market Size (Base Year) USD 4,730.00 USD Million
Diagram Market Size (Forecast Year) USD 7,528.64 USD Million
Diagram CAGR %

Major Markets Players

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Global Runway Lighting System Market, By Type (Minimum Runway Lighting, Supplementary Runway Lighting), Technology (LED, Non-LED), Intensity (High, Medium, Low), Use of Light (Runway Edge Lights, Runway Threshold Lights, Runway End Lights, Others), End User (Military, Commercial, Other) - Industry Trends and Forecast to 2031.

Runway Lighting System Market

Runway Lighting System Market Analysis and Size

The runway lighting market is experiencing steady growth, driven by factors such as the expansion and modernization of airports, increasing air passenger traffic, and stringent regulatory requirements for airport safety. The growing number of airport construction and expansion projects worldwide is a major growth driver. The increasing demand for air travel has led to the need for new airports and the expansion of existing ones to accommodate larger aircraft and higher passenger volumes. This has resulted in a significant demand for runway lighting systems to ensure safe and efficient operations at these airports.

Data Bridge Market Research analyzes that global runway lighting system market which was USD 4730.00 million in 2023, is likely to reach USD 7528.64 million by 2031, and is expected to undergo a CAGR of 5.30% during the forecast period. The “minimum runway lighting” dominates the type segment of the market due to its critical role in ensuring safe aircraft operations during low visibility conditions. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

Report Scope and Market Segmentation

Report Metric

Details

Forecast Period

2024 to 2031

Base Year

2023

Historic Years

2022 (Customizable to 2014-2021)

Quantitative Units

Revenue in USD Million, Volumes in Units, Pricing in USD

Segments Covered

By Type (Minimum Runway Lighting, Supplementary Runway Lighting), Technology (LED, Non-LED), Intensity (High, Medium, Low), Use of Light (Runway Edge Lights, Runway Threshold Lights, Runway End Lights, Others), End User (Military, Commercial, Other)

Countries Covered

U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E., Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa

Market Players Covered

ABB (Switzerland), Signify Holding (Netherlands), Honeywell International Inc. (U.S.), Cree, Inc. (U.S.), ADB SAFEGATE (Belgium), Carmanah Technologies Corp. (Canada), Abacus Lighting (U.K.), OCEM Airfield Technology (Italy), atg airports limited (U.K.), vosla GmbH (Germany), Youyang Airport Lighting Equipment Inc. (China), Airsafe Airport Equipment Co.,Ltd. (China), Eaton (Ireland), HELLA GmbH & Co. KGaA (Germany), OSRAM GmbH (Germany), Astronics Corporation (U.S.), Avlite (Australia), Avionics Limited (U.K.), Siemens (Germany)

Market Opportunities

  • Integration of solar sunroof in EV

Market Definition

The runway lighting system are essential components of airport infrastructure designed to provide visual guidance to pilots during takeoff, landing, and taxiing. These systems help pilots navigate safely, especially during low visibility conditions such as fog, rain, or darkness. Runway lighting systems typically consist of several types of lights strategically placed along the runway and taxiways.

Global Runway Lighting System Market Dynamics

Drivers

  • Increasing Air Traffic

The global increase in air travel demands expanded airport infrastructure, driving the need for efficient and reliable runway lighting systems to enhance safety and operational efficiency.

  • Stringent Aviation Regulations

Regulatory bodies mandating enhanced safety standards for airports and runways, such as the International Civil Aviation Organization (ICAO), are propelling the demand for advanced runway lighting systems.

Restraints

  • Operational Challenges in Adverse Weather Conditions.

Runway lighting systems may face challenges in extreme weather conditions, affecting their visibility and performance, which can be a restraint for airports located in regions prone to adverse weather.. 

Opportunities

  • Increasing Demand for Smart Airports

he rising trend of smart airports presents opportunities for runway lighting system vendors to integrate smart technologies, such as sensors and automation, into their products for improved efficiency and operational control.

Challenges

  • Compatibility Issues with Existing Infrastructure

Upgrading existing airports with advanced runway lighting systems may pose challenges in terms of compatibility with older infrastructure, leading to integration and operational challenges.

This runway lighting system market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, the impact of domestic and localized 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 the runway lighting system market contact the Data Bridge Market Research for an Analyst Brief, our team will help you make an informed market decision to achieve market growth.

Recent Developments

  • In August 2021, The Airports Authority of India (AAI) announced that it has installed a state-of-the-art Precision Approach Lighting System (PALS) on the runway of the Thiruvananthapuram International Airport, to improve safety during aircraft landings
  • In July 2021, Mariehamn Airport announced that more than 130 lights that make up the runway lighting system at the airport were replaced with eco-friendly LED lighting. The energy consumption of the new LED lighting is about 30% of the previous lights’ energy consumption

Global Runway Lighting System Market Scope

The global runway lighting system market is segmented on the basis of type,  technology, intensity, use of light, and end user. The growth amongst these segments will help you analyze meager growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Type

  • Minimum Runway Lighting,
  • Supplementary Runway Lighting

Technology

  • LED
  • Non-LED

Intensity

  • High
  • Medium
  • Low

Use of Light

  • Runway Edge Lights
  • Runway Threshold Lights
  • Runway End Lights
  • Others

End User

  • Military
  • Commercial
  • Other

Global Runway Lighting System Market Region Analysis/Insights

The runway lighting system market is analyzed and market size insights and trends are provided by type, technology, intensity, use of light and end user as referenced above.

The countries covered in 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, and rest of the Middle East and Africa.

Asia-Pacific is expected to dominate the market due to the development of new airports, especially in nations including India and South Korea.

North America is expected to witness significant growth during the forecast period due to the large number of original component manufacturers (OCMs), original equipment manufacturers (OEMs), and third-party servicers

The country section of the report also provides individual market-impacting factors and changes in regulation in the market domestically that impact the current and future trends of the market. Data points like downstream and upstream value chain analysis, technical trends, and Porter’s five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and the challenges faced due to large or scarce competition from local and domestic brands, the impact of domestic tariffs, and trade routes are considered while providing forecast analysis of the region data.   

Runway Lighting System growth Installed base and New Technology Penetration

The runway lighting system market also provides you with a detailed market analysis for every region’s growth in infrastructure development for capital equipment, installed base of different kinds of products for Global runway lighting system market, the impact of technology using lifeline curves, and changes in battery regulatory scenarios and their impact on the runway lighting system market. The data is available for the historic period 2010-2020.

Competitive Landscape and Global Runway Lighting System Market Share Analysis

The runway lighting system 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, regional presence, 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 runway lighting system market.

Some of the major players operating in runway lighting system market are:

  • ABB (Switzerland)
  • Signify Holding (Netherlands)
  • Honeywell International Inc. (U.S.)
  • Cree, Inc. (U.S.)
  • ADB SAFEGATE (Belgium)
  • Carmanah Technologies Corp. (Canada)
  • Abacus Lighting (U.K.)
  • OCEM Airfield Technology (Italy)
  • atg airports limited (U.K.)
  • vosla GmbH (Germany)
  • Youyang Airport Lighting Equipment Inc. (China)
  • Airsafe Airport Equipment Co.,Ltd. (China)
  • Eaton (Ireland)
  • HELLA GmbH & Co. KGaA (Germany)
  • OSRAM GmbH (Germany)
  • Astronics Corporation (U.S.)
  • Avlite (Australia)
  • Avionics Limited (U.K.)
  • Siemens (Germany)


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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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FREQUENTLY ASK QUESTIONS

The Runway Lighting System Market size will be worth USD 7528.64 million by 2031.
The Runway Lighting System Market growth rate will be 5.30% by 2031.
Increasing Air Traffic and Stringent Aviation Regulations are the growth drivers of the Runway Lighting System Market.
The type, technology, intensity, use of light, and end-user are the factors on which the Runway Lighting System Market research is based.
The major companies in the Runway Lighting System Market are ABB (Switzerland), Signify Holding (Netherlands), Honeywell International Inc. (U.S.), Cree, Inc. (U.S.), ADB SAFEGATE (Belgium), Carmanah Technologies Corp. (Canada), Abacus Lighting (U.K.), OCEM Airfield Technology (Italy), atg airports limited (U.K.), vosla GmbH (Germany), Youyang Airport Lighting Equipment Inc. (China), Airsafe Airport Equipment Co.,Ltd. (China), Eaton (Ireland), HELLA GmbH & Co. KGaA (Germany), OSRAM GmbH (Germany), Astronics Corporation (U.S.), Avlite (Australia), Avionics Limited (U.K.), Siemens (Germany).
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