Commercial Airport Lighting industry – Overview

The lighting systems in airports are an integral part of the overall ambiance and experience of airports around the world. Market reports connected to the aerospace industry have been offered by Market Research Future which makes reports on other industry verticals that aims to study the current market scenarios better. The market is anticipated to achieve an 8 % CAGR in the course of the forecast period.

The surge in air travel has led to an increased level of importance on the lighting of airports so that the terminals are well lit to ensure free movement and clear visibility to see flight-related information. The escalating level of investments in airports, motivated by the commercial gains that can be tapped from them is expected to further benefit the commercial airport lighting market in the forecast period.

Commercial Airport Lighting industry Segmental Analysis

The segmental analysis of the commercial airport lighting industry has been carried out on the basis of application, technology, and region. On the basis of technology, the commercial airport lighting market is segmented into Non-LED and LED. On the basis of application, the commercial airport lighting market has been segmented into terminal lighting, airside lighting, and landside lighting. The regions considered in the commercial airport lighting market are Europe, Asia Pacific, North America, Latin America, Middle East, and Africa.

Commercial Airport Lighting industry Detailed Regional Analysis     

The region-based assessment of the commercial airport lighting market globally includes regions such as North America, Asia Pacific, Europe, Latin America, and Middle East & Africa. The North American region had the principal share of the market in 2017, which is considerably motivated by the increasing developments in countries such as the US and Canada.  Due to the incidence of prominent companies in the region such as Honeywell International Inc., ADB SAFEGATE among others, leads to the domination of this region in the global market.

Moreover, growing investments made by the US government in the expansion and alterations in airports is augmenting the market development in the region. In addition, the Asia Pacific region is projected to be the fastest rising market for commercial airport lighting, through the forecast period. The nations such as India, China, Japan, Australia, and New Zealand, are presently concentrating on upgrading their airport infrastructure to put up with the growing air traffic in these nations and offer improved safety to passengers.

Commercial Airport Lighting industry Competitive Analysis

The developments in the market are likely to be fuelled by the rise in investments and product inventions. The market influencers are taking an interest in the making of strong value chains that can yield increased profits. The prospects for growth in the market have ample room for growth in the forecast period. The competitive outlook for the market is projected to diversify extensively in the coming period. The market competitors find themselves in a promising position with the capacity to handle the pace of change.

The contestants are dynamically addressing the challenges to growth and are creating strategies that can have the best overall effect on the market's development. The perceived propensity for the market’s growth has improved following the accessibility to positive aspects in the market.

The vital companies in the commercial airport lighting market globally are ADB SAFEGATE (US), ABB (Switzerland), vosla GmBH (Germany), Honeywell International Inc., (US), Avlite (Australia), Eaton (Ireland), atg airports limited (UK), Avionics Group (US), Carmanah (Canada), and HELLA GmBH & Co. KGaA (Germany).

Industry Updates:

Sep 2018 ADB Safegate has recently gained a contract to put in its SafeLED airfield lighting (AGL) at the second runway of Kempegowda International Airport, Bengaluru. The BLR Airport is controlled by Bangalore International Airport (BIAL). After installation, the runway is expected to become India’s original and only LED-powered runway. It is being built by L&T on an engineering procurement and construction (EPC) basis and is scheduled to become functional by October next year.

Dec 2018 Abu Dhabi International Airport has launched an interactive walkway which alters the footsteps of passengers into off-grid data and electricity. Abu Dhabi Airport Company has joined clean-tech company Pavegen and Masdar to create a 16 square metre energy harvesting walkway. The footsteps of about 8,000 travellers each day that are being captured and converted into electrical energy to monitor footfall data and power lighting along the walkway as they circulate between terminals 1 and 3 of the airport.

Commercial Airport Lighting Market Research Report: Information by Technology (LED, Non-LED), by Application (Airside Lighting, Terminal Lighting, Landside Lighting), and by Region — Forecast till 2023 @ https://www.marketresearchfuture.com/reports/commercial-airport-lighting-market-1623