Airport Lighting Market Research, Segmentation, Key Players Analysis and Forecast to 2030

To create better ambience as well as to facilitate night flying airport lighting act as a significant safety feature. Ongoing development of new airports with economic boom in emerging countries has benefitted the airport lighting market at a large scale over the years.

This is coupled with the lighting of airfield which is the most important part of safe management of air traffic. Airport lighting has gained importance as it fulfills the objective of better serving aircraft pilots, ground handlers, passenger as well as traffic controllers.

To cut overall operational costs and to increase the energy efficiency of airport lightings, LED lights are being used on a larger scale. High expenditure on the renovation of runways, taxiways and apron is fueling the growth of global airport lighting market.

This is done to simplify the airport operations and facilitate information providence during landing and take offs. Manufacturers are focused on providing cleaner and brighter lighting solutions for the airports. Owing to above mentioned factors, the demand for airport lighting is anticipated to witness significant growth thus contributing to the global airport lighting market during the forecast period.

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Airport Lighting Market: Dynamics

The growth in air traffic has increased demand for commercial aircrafts in countries such as China, India, Russia, and Africa leading towards development of new airports globally.

This has created substantial need for energy efficient lighting driving the growth of airport lighting market. In order to reposition the current standard to advanced world-class standards many countries are upgrading their lighting system. The global airport lighting market has lucrative growth opportunities in the emerging economies than developed countries with advanced infrastructure.

However, airport authorities face several challenges such as cost cutting objectives which leads to disagreements resulting in lack of funds management. This is anticipated to impede the overall growth of global airport lighting market.

To meet the modern day airport requirement and changing technology landscape the airport and airfield lighting has been continuously evolving. Manufacturers dealing in airport lighting market have focused on LED based lighting with the growing implementation of LED-based airfield lighting in place of incandescent lighting.