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    Airport Lighting Market Size, Share & Forecast (2016-2021) | Covid-19 Impact Analysis

    Airport Lighting Market Size, Share & Forecast (2016-2021) | Covid-19 Impact Analysis

    Airport Lighting Market Size, Share & Forecast (2016-2021) | Covid-19 Impact Analysis
    Report code - SRAD126 Delivery - 2 Weeks
    Airport Lighting Market Size, Share, Trend, Forecast, & Competitive Analysis: 2016-202 See more...
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    Impact of COVID-19 on Airport Lighting Market

    Covid-19 has impacted the market dynamics, competition, and global...

    See more...

    Impact of COVID-19 on Airport Lighting Market

    Covid-19 has impacted the market dynamics, competition, and global supply chains. The revenues has gone down in 2020 and may resume an uptrend gradually form 2021. Companies optimizing their operation and strategy will sustain and beat the competition.

    Note: The summary below might not have included insights on covid impact since we have large number of reports.

    Airport Lighting Market Insights

    The global airport lighting system market offers good growth opportunity and is likely to grow at 7.6% CAGR during the forecast period of 2016 to 2021. Increasing government investment on airport infrastructure driven by increasing passenger traffic and rising disposable income, and high focus on energy efficient lighting systems and lower operational and maintenance costs are some of the key growth drivers of the global airport lighting market. Commercial airport is expected to remain a growth engine of the airport lighting market during the forecast period.

     

    Airport Lighting Market Share Analysis

    Airport Lighting Market Share by Light Type

    There are several types of lighting system used in an airport, such as runway lighting system, taxiway lighting system, approach lighting, obstruction & beacon lighting, and apron & hanger lighting. Runway lighting system is expected to remain the largest lighting type during the forecast period whereas, apron & hanger lighting system is also expected to experience healthy growth during the same period.

    Airport Lighting Market Share by Technology Type

    In terms of technology type, LED lights are expected to witness the highest growth during the forecast period, driven by increasing focus on energy efficiency and reduction in overall operation and maintenance cost of the airport.

    Regional Insights

    North America is expected to remain the largest lighting market for airport applications during the forecast period due to the presence of large number of commercial and military airports and high focus towards energy efficiency and low operational cost. Asia Pacific is expected to grow at the highest rate in the next five years. The developing countries, mainly China and India are likely to drive the demand of airport lighting systems in the Asia-Pacific region in the next five years, driven by on-going and upcoming airport infrastructure projects.

    Key Players

    The supply chain of this market comprises raw material suppliers, component manufacturers, light manufacturers, original component manufacturers, and airport owners. Key lighting manufacturers for commercial and military airports are Abacus Lighting, ADB Airfield Solutions, ATG Airports, Carmanah Technologies Corp., Honeywell International, Inc., and Vosla GmbH.

    New product development and mergers and acquisitions are the key strategies adopted by the key players to gain competitive edge in the market.

     

    Research Methodology

    For calculating the market size, our analysts follow either Top-Bottom or Bottom-Top approach or both, depending upon the complexity or availability of the data points. Our reports offer high-quality insights and are the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. We leverage multitude of authenticated secondary sources, such as company annual reports, government sources, trade associations, journals, investor presentation, white papers, and articles to gather the data. More than 10 detailed primary interviews with the market players across the value chain in all four regions and industry experts are usually executed to obtain both qualitative and quantitative insights.

     

    Market Scope & Segmentation

    Research Scope

    Trend & Forecast Period

    2010-2021

    Forecast

    7.6% CAGR During 2016-2021

    Regions Covered

    North America, Europe, Asia-Pacific, Rest of the World

    Countries Covered

    The US, Canada, Mexico, Germany, France, The UK, China, Japan, India, Middle East, Latin America and Others

    Figures & Tables

    >150

    Customization

    Up to 10% customization available free of cost

     

    The market is segmented in the following ways:

    Airport Lighting Market Size, Share & Forecast by Aircraft Type:

    • Commercial Airport (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Military Airport (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Airport Lighting Market Size, Share & Forecast by Light Type:

    • Runway Lighting System (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Taxiway Lighting System (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Approach Lighting System (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Apron and Hanger Lighting System (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Obstruction & Beacon Lighting System (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Other Lighting Systems (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Airport Lighting Market Size, Share & Forecast by Position Type:

    • In-Pavement/Inset Lights (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Elevated Lights (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Precision Approach Path Indicator (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Airport Lighting Market Size, Share & Forecast by Technology Type:

    • LED Lighting (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Non-LED Lighting (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Airport Lighting Market Size, Share & Forecast by Region:

    • North America (Country Analysis: USA, Canada, and Mexico)
    • Europe (Country Analysis: Germany, France, UK, Russia, and Rest of the Europe)
    • Asia-Pacific (Country Analysis: China, Japan, India, and Rest of the Asia-Pacific)
    • Rest of the World (Country Analysis: Middle East and Latin America)

     

    Report Features

    This report, from Stratview Research, studies the global airport lighting market over the period 2010 to 2021. The report provides detailed insights on the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

    The following are the key features of the report:

    • Market structure: Overview, industry life cycle analysis, supply chain analysis.
    • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis.
    • Market trend and forecast analysis.
    • Market segment trend and forecast.
    • Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
    • Attractive market segments and associated growth opportunities.
    • Emerging trends.
    • Strategic growth opportunities for the existing and new players.
    • Key success factors.

     

     

    Report Customization Options

    With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

    Company Profiling

    • Detailed profiling of additional market players (up to 3)
    • SWOT analysis of key players (up to 3)

    Regional Segmentation

    • Current market segmentation of commercial airport by lighting type

    Competitive Benchmarking

    • Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

    Custom Research: Stratview research offers custom research services across the sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your enquiry at [email protected].


    Frequently Asked Questions (FAQs)

    What will be the growth of the Airport Lighting Market in the foreseeable years?

    Driven by a number of factors like Increasing government investment on airport infrastructure, the airport lighting market is expected to witness an impressive growth of 7.6% CAGR During 2016-21.

    Who are the key players in the Airport Lighting Market?

    Abacus Lighting, ADB Airfield Solutions, ATG Airports, Carmanah Technologies Corp., Honeywell International, Inc., and Vosla GmbH are among the key players in the airport lighting market.

    Which region/country is expected to remain the largest Airport Lighting Market?

    North America is expected to remain the largest airport lighting market during the forecast period of 2016-21.

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