Global
Commercial Airport Lighting Market: Overview
Airport
lighting is a significant safety feature to facilitate night flying
and to create ambience for customers at terminals. The economic boom
in emerging countries leading to the development of world-class
airports have benefitted the commercial airport lighting market to a
high degree. With the increasing volume of air traffic across the
world, development of new airports and upgradation of existing
airports is underway. This is further boosting the growth of the
airport lighting market.
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Along
with high illumination, the energy-efficiency of airport lights is of
paramount importance for cutting overall operational costs. Airports
that are equipped with energy-efficient lighting receive LEED Gold
Certification.
The
research report analyzes market indicators, growth trends, and
technological developments that will impact the growth of the
commercial airport lighting market during the 2016-2024 period. The
report is presented in a chapter-wise format, with each chapter
discussing a particular aspect at length. An array of tables and
graphical representations are used in the report that depict the
growth trajectory of the commercial airport lighting market both
pictorially and textually.
The
market study provides valuable insights into the changing competitive
dynamics and a detailed assessment of key market segmnets. Using
standard analytical tools such as SWOT analysis, the indices of
strength, weakness, opportunities, and threats of the market are
analyzed until the end of the forecast period in 2024.
The
report analyzes the commercial airport lighting market from a
competitive standpoint as well. The current competitive structure is
studied and the changing competitive hierarchy is presented factoring
in market fluctuations.
Global
Commercial Airport Lighting Market: Drivers and Restraints
The
development of new airports, increasing demand for commercial
aircrafts, and the demand for energy-efficient lighting are the major
factors driving the global
commercial airport lighting market. However, factors such as
lack of management and disagreement among airport authorities and
inadequate funds are challenging the growth of this market. The
efficient and effective management of airport lights for attaining
cost cutting objectives are challenges for airport authorities.
The
commercial airport lighting market has attractive growth
opportunities for existing players as well as new players that are
interested in participating in this market. The increasing air
traffic and the increasing demand for commercial aircrafts in
countries such as China, India, Russia, and Africa is leading to
investments from new entrants in the commercial airport lighting
market. The emerging economies are expected to present lucrative
growth opportunities to the global commercial airport lighting market
than developed countries with advanced infrastructure.
Global
Commercial Airport Lighting Market: Market Segmentation
The
global commercial airport lighting market can segmented on the basis
of product type and geography. By product type, the market can be
segmented into terminal lighting, airside lighting, and landside
lighting. By geography, the market can be segmented into North
America, Asia Pacific, Europe, and Rest of the World.
Major
Companies Mentioned in Report
Some
of the leading companies in the global commercial airport lighting
market are Honeywell International Inc., Avlite Systems, Goodrich
Lighting Systems, Airfield Lighting, Manairco Inc., Philips, Siemens
ag, Cooper Industries, Safegate, GE, and Astronics, among others. The
key vendors are profiled for their competitive attributes of business
positioning, financial standing, product portfolio and development,
and SWOTs.
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