Global Commercial Airport Lighting Market – Size, Outlook, Trends and Forecast (2024 – 2032)

Various types of airport lighting include approach light systems, runway lights or runway edge lights, touchdown zone lighting, runway centerline lighting, threshold lighting, runway identifier lights, vertical approach slope indicator lights, runway identifier lights, and boundary lights. An approach light system provides visual guidance to landing aircraft by radiating light beams in a directional pattern, enabling the pilot to align the aircraft with the extended centerline of the runway on his or her final approach for landing.

Global Commercial Airport Lighting Market Size & Growth:

Commercial Airport Lighting Market size is projected to reach approximately USD 756.24 Million by the end of 2024 with a CAGR of close to 7.34% from USD XX Million in 2017 during the forecast timeline 2018-2024. Increasing investment in the infrastructure is one of the major drivers for this market. The development of new airport has led the market growth. Entry of private players is another reason for market growth. Rising demand for commercial aircraft has fueled the market growth. Need for energy efficient lighting is also a major reason for market growth. The economic crisis in some of the emerging economies is hampering the market growth. Regulatory and administrative issues in different airports are also hindering the market growth. Rapidly increase in the international flight has opened the opportunity for market growth.

Global Commercial Airport Lighting Market Share:

Regarding using the market is segmented into Terminal Side, Ground Side, and Airside. Airside is segmented into PAPI & VASI, Wind cones, Runway Edge and End Lights, ALS. Airside lighting is commonly used due to it is mandatory component required in airport lighting. Terminal lighting market is also growing as it is important for the ambience of the airport and enhances the appearance of airports. Regarding application, the market is divided into Runway Lights, Taxiway Lights, Indoor Lights, Ground Guidance Lights and Others. Runway lighting, runway edge lighting, and approach lighting are commonly used types of airport lighting, as their inevitability in commercial aircraft operations during nights.

Regarding geography, the market is segmented into Asia Pacific, Europe, North America, South America, and Middle East & Africa. Middle East region is expected to continue driving the market with largest revenue share due to the adoption of modern and expensive lighting technologies. Asia-Pacific region is expected to show rapid growth in future due to increasing commercial aircrafts demand in countries such as China, Russia, and India.

Global Commercial Lighting Market Trends:

• Feb 16, 2018, ATG airports turnkey solutions team continued to improve the lighting infrastructure at London Luton Airport. On this occasion, it is not taxiway lighting, but the apron high mast lighting. The project involves replacing the old high mast lighting equipment with the new LED modules. This not only increases the level of lighting on the aprons but offers the airport a great saving in energy costs.
• Nov 23, 2017, Kahraman Maras Airport has recently undergone an overhaul of the runway and taxiway lighting fixtures. The major components to be supplied under this contract were LED elevated Blue edge lights, IR852T(L).

Global Commercial Airport Lighting Market Report Research Report:

An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.

To have complete market analysis, industry value chain analysis, Porter’s Five Force Analysis, PESTLE, SWOT analysis, and Y-o-Y analysis were carried to understand the market more comprehensively.

Global and Regional Diversity is analysed with the major countries and the unions. Scrutinizing the revenue generation on Year-On-Year

Identifying DROC in the current market and their impact in altering the market dynamics

Competitive landscape analysis to identify the mergers and acquisitions which will have a comparative financial analysis with major competitors

Expertise investment opportunities by an analyst to the individual and organisation to have a better foothold in the market

The major market players, such as

• ATG Airports
• Abacus Lightings
• TKH Airport Solutions
• Phillips
• Vosla GmbH
• Carmanah
• Cooper Crouse-Hinds
• Avlite Systems

Along with these companies, there were many other companies considered/cited in the report while analysing the Global Commercial Airport Lighting Market. These companies hold substantial share-owning to the nature of the industry whereas rest of the market shares are marginal chunks to regional and local level manufacturers. Other players have considerable presence owing to its robust brand image, geographical reach and strong customer base.