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Airport Lighting Market by Type, Position, Technology, and by Geography - Global Forecast to 2021

Airport Lighting Market: Global Forecast until 2021

  • July 2016
  • 150 pages
  • ID: 3973714
In this report:
From the secondary sources, the CAGR of the Global Airport lighting Market is expected to be in the range of ##% - ##% from 2016 to 2021.
The taxiway lighting systems segment is estimated to be worth USD ##.## million in 2016, and is expected to grow at the highest CAGR of ##.##% between 2016 and 2021, to reach USD ##.## million by 2021.


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"The airport lighting market is estimated to rise at a compound annual growth rate of 7.20 percent from 2016 to 2021"

The airport lighting market is forecasted to grow from $473.70M in 2016 to $672.20M by 2021, at a compound annual growth rate of 7.20 percent during the forecast period. The airport lighting market is predominantly driven by the growing number of airports globally. Rise in demand for low-cost lights in the emerging countries is considered as one of the most significant factors driving the rise of the airport lighting market. Additionally to this, the rising usage of LED lights and mood lighting are further propelling the increase of this market.

"The runway lighting systems segment is expected to grow at the highest CAGR (Compound annual growth rate) in the airport lighting market"

The runway lighting systems segment in airport lighting market is anticipated to rise at the highest compound annual growth rate (CAGR) during the outlook period. Runway edge lights are installed along both sides of the runway, in two parallel straight rows equidistant from the center line of the runway, commencing one light spacing from the threshold and continuing to one light spacing from the runway end. There are three types of runway lighting systems, that is, low intensity, medium intensity, and high intensity. The apron lighting systems is the second quickest-increasing type segment in the airport lighting market.

"The North American area maintains a dominant market share in the airport lighting market"

North America continent controls the overall airport lighting market. Regions in this area contain the U.S.A and Canada (CA). The North America airport lighting market is mainly influenced by the big number of original component manufacturers, original equipment manufacturers, and third-party servicers. Easy availability of sub-parts and components for airport lights, mature aftermarket, and high passenger and cargo traffic are some of the factors driving this sector.

Distribution of profile of primary members taking part for this industry report:

- By Company Type - Tier 1 - 35.0 percent, Tier 2 - 45.0 percent and Tier 3 - 20.0 percent

- By Description - C-suite - 35.0 percent, D-level - 25.0 percent, Others - 40.0 percent

- By area - North america (NA) - 45.0 percent, Europe - 20.0 percent, Asia-Pacific - 30.0 percent, RoW - 5.0 percent

Top players in the airport lighting market contain ADB Airfield Solutions, Honeywell (NYSE:HON), ABB, Hella KGaA Hueck & Co., and ATG Airports, among others.

Why acquiring this study can help you:

From an insight prospect, the airport lighting market report has emphasized several levels of analysis - industry study, market share research of top players and company descriptions, which together comprise and examine the basic overviews on the competitive landscape, high-growth areas and territories and their specific regulatory policies, drivers, market restraints, and alternatives.

The airport lighting market report offers business insights on these pointers:

- Business entry: Highlighted information on airport lighting equipment provided by the top 10 market actors

- Product improvement/Innovative products: In-depth understanding on up-on-coming technologies, analysis & growth activities, and recent product launches in the industry

- Industry diversification: Complete information about recent products, untapped areas, recent evolutions, and market investments in the sector

- Opposing assessment: Detailed assessment of strategies, products, and manufacturing capabilities of the leading market actors

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