airfield-lighting-market

Airfield Lighting Market By Type (Runway Lighting, Taxiway Lighting, Approach Lighting, Apron Lighting), By Technology (Non-Led, Led) - Growth, Future Prospects, And Competitive Analysis, 2021 - 2029

09 Nov 2017 Format PDF icon PPT icon XLS icon Request Sample

Airfield lighting is the lighting system used to ensure safe and efficient working of air terminals and adjacent utilities. The system comprises an assortment of lights utilized for various applications at the landing runways and support a variety of other utilities at the air terminals at nights and during unfavorable weather conditions. Thereby, airfield lighting has become a fundamental part of the general airplane terminal administration. Depending on the places and applications, airfield lighting is classified into runway lighting, taxiway lighting, approach lighting and apron lighting systems. The overall lighting system is controlled through a centralized command system in order to ensure optimum operational effectiveness.

With continuously increasing air traffic around the globe, air terminals have been experiencing numerous challenges pertaining to airport management. Issues such as securing the flow of both incoming and outgoing aircrafts along with maintaining visibility throughout the airfield have resulted in the adoption of advanced lighting systems at various airports across the world. Numerous air terminal administrations across the globe are constantly engaged in the up gradation of their current lighting systems with improved and higher energy efficient lighting systems. Such air terminal administrations rely on long lasting relationships with airfield lighting suppliers to ensure constant up gradation with the latest and advanced lighting systems. With continued requirement for lighting products coupled with on-going product development, the airfield lighting market is expected to witness consistent growth during the forecast period from 2021 to 2029.

The report titled “Airfield Lighting Market- Growth, Future Prospects and Competitive Landscape, 2021-2029” offers strategic insights into the global airfield lighting market with a focus on the market size and estimates for the duration 2019 to 2029. The said research study covers in-depth analysis of market segments based on type, technology and cross-sectional study across different geographies. The study covers the comparative analysis of each sub-segment for the years 2020-2029. The report also provides a prolific view on market dynamics such as market drivers, restraints, and opportunities.

Airfield Lighting Market

In order to help strategic decision makers, the report also includes competitive profiling of the leading airfield lighting manufacturers, their strategies, market positioning and key developments. Some of the major players profiled in the report include ADB Safegate Americas, LLC, Honeywell International, Inc., Avionics Ltd., Avlite Systems Ltd., ABB Ltd., Hella KGaA Hueck & Co, Eaton Corporation PLC, ATG Airports, Inc., Vosla GmbH, Carmanah Technologies Corp., Goodrich Lighting Systems GmbH, Manairco, Inc., Koninklijke Philips N.V., Siemens AG and General Electric Company.

Other in-depth analysis provided in the report includes:

  • Current and future market trends to justify the forthcoming attractive markets within the airfield lighting industry.
  • Market fuelers, market impediments, and their impact on the market growth
  • Market inclination insights and key trend analysis for airfield lighting market
  • In-depth competitive environment analysis
  • Trailing 2-Year market size data (2019 – 2020)

Overall, the research study provides a holistic view of the global airfield lighting market, offering market size and estimates for the period from 2021 to 2029, keeping in mind the above-mentioned factors. 

In 2020, the runway lighting led the overall airfield lighting market worldwide in terms of revenue. These lights are installed on both the sides of the runway to assist aircrafts during landings and departures in the night as well as in unfavorable climatic conditions. With increased air traffic and ceaseless expansion of airplane terminals, the demand for runway lighting is expected to witness continued growth in the following years.

Apron lighting segment trailed the runway lighting systems in terms of revenue in 2020. Busy airplane terminals across the world need to suit numerous types of aircrafts to load, unload and fuel the aircrafts. Apron lights, which are used at aircraft parks, help staff from cargo, catering and fueling departments to safely navigate and complete their tasks. Rising freight and traveler transportation round the clock has been a key factor for the growing demand for apron lighting systems.

In 2020, LED airfield lighting dominated the overall airfield lighting market. The light emitting diodes or LED lights are exceptionally energy efficient lighting technology. The utilization of LED lighting is not just limited to applications such as pointers and signals but they are utilized in the overall lighting system. They offer multiple benefits over conventional non-LED lighting in terms of energy consumption, working life and construction to withstand unfavorable climatic and working conditions. The factors such as energy conservation, long service life and requirement of limited maintenance are expected to contribute in the strong growth of the LED airfield lighting systems in the following years.

Non-LED lighting systems segment trailed the LED lighting systems in terms of revenue in 2020. Non-LED lights have been losing its share in the overall market to the LED lighting segment on account of the benefits offered by LED technology. With high power utilization, short life expectancy and high maintenance, the non-LED lights are expected to lose their contribution even further in the overall airfield lighting market.

In 2020, North America dominated the overall airfield lighting market in terms of revenue. Increasing air transportation coupled with rising security concerns have accelerated the development of various air terminals in the North America region particularly in the U.S. Adverse climatic conditions across different regions and rising air traffic have compelled various air terminal administrations across the region to keep a continuous check on their existing lighting systems. Thereby, airplane terminal administrations have been consistently updating their existing airfield lighting systems.

Europe trailed North America in the airfield lighting market in terms of revenue in 2020. Similar to the North American market, European nations have experienced a rise in passenger and cargo transportation. On-going air travel for tourism and business in the European nations has resulted in frequent up gradation of the airplane terminal facilities including periodic replacement of airfield lighting systems. The Asia Pacific region is expected to demonstrate the fastest growth in the global airfield lighting market during the forecast period from 2021 to 2029. Developing economies of Asia Pacific have expanding their air transportation facilities with nearly 350 new air terminals being planned across Asia Pacific region. With the commissioning of the new airports, the Asia Pacific region is expected to offer immense growth opportunities for the airfield lighting market.

Historical & Forecast Period

This study report represents analysis of each segment from 2022 to 2032 considering 2023 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2024 to 2032.

The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.

Research Methodology

The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Airfield Lighting market are as follows:

  • Research and development budgets of manufacturers and government spending
  • Revenues of key companies in the market segment
  • Number of end users and consumption volume, price and value.
  • Geographical revenues generate by countries considered in the report
  • Micro and macro environment factors that are currently influencing the Airfield Lighting market and their expected impact during the forecast period.

Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.

ATTRIBUTE DETAILS
Research Period  2022-2032
Base Year 2023
Forecast Period  2024-2032
Historical Year  2022
Unit  USD Million
Segmentation
Type
  • Runway Lighting
  • Taxiway Lighting
  • Approach Lighting
  • Apron Lighting

Technology
  • Non-LED
  • LED

 Region Segment (2022-2032; US$ Million)

  • North America
    • U.S.
    • Canada
    • Rest of North America
  • UK and European Union
    • UK
    • Germany
    • Spain
    • Italy
    • France
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • Australia
    • South Korea
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East and Africa
    • GCC
    • Africa
    • Rest of Middle East and Africa

Key questions answered in this report

  • What are the key micro and macro environmental factors that are impacting the growth of Airfield Lighting market?
  • What are the key investment pockets with respect to product segments and geographies currently and during the forecast period?
  • Estimated forecast and market projections up to 2032.
  • Which segment accounts for the fastest CAGR during the forecast period?
  • Which market segment holds a larger market share and why?
  • Are low and middle-income economies investing in the Airfield Lighting market?
  • Which is the largest regional market for Airfield Lighting market?
  • What are the market trends and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?
  • Which are the key trends driving Airfield Lighting market growth?
  • Who are the key competitors and what are their key strategies to enhance their market presence in the Airfield Lighting market worldwide?
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