Airport Lighting plays an important role and also this market has a great scope in coming years.
Airport Lighting Market worth 672.2 Million USD by 2021
The LED lights segment dominates the airport lighting market, and is expected to continue its dominance over the next five years, primarily driven by the need for energy conservation at airports and reduction in maintenance costs. It has been proven that the LED lights save up to 40% energy compared to that of non-LED lights.
The airport lighting market is a competitive market, dominated by companies based on their core competencies. Key players operating in the market include ADB Airfield Solutions (U.S.), Honeywell International (U.S.), Inc., ABB (Switzerland), and Hella KGaA Hueck & Co. (Germany), among others. Honeywell International, Inc. is one of the top companies profiled in the market. The company has a strong distribution network, with centres across 70 countries worldwide. Since 1933, Honeywell has been a market leader in the market, with a robust product portfolio and wide customer base.
The report analyzes and forecasts commercial airport lighting market on a global and regional level. The study offers past data of past year along with forecast from 2014 to 2022 based on revenue (USD Million).
The report gives a transparent view of the commercial airport lighting market. We have included a detailed competitive scenario and portfolio of prominent vendor’s operative in commercial airport lighting market. To understand the competitive landscape of commercial airport lighting market, an analysis of Porter’s Five Forces model for the market has also been included. The report offer market attractiveness analysis, wherein types, divisions, and regional segments are benchmarked based on their general attractiveness, market size, and growth rate.
The study provides a crucial view on commercial airport lighting market by segmenting the market based on type, divisions and regional segments. All the type, divisions and regional segments of commercial airport lighting market have been analyzed based on present and future trends and the market is estimated from 2014 to 2022.
In terms of type segment which includes airport beacon, visual glideslope indicator, visual approach slope indicator (VASI), precision approach path indicator (PAPI), runway lighting, runway edge lighting, taxiway lighting, and obstruction lighting. Further, on the basis of the division, the market for commercial airport lighting is segmented into airside lighting, landside lighting, and terminal lighting.