Commercial Airport Lighting Trends and Forecast
The future of the global commercial airport lighting market looks promising with opportunities in the landside and airside markets. The global commercial airport lighting market is expected to reach an estimated $0.85 billion by 2030 with a CAGR of 5.1% from 2024 to 2030. The major drivers for this market are growth of new construction of airports and rapid modernization of existing airport infrastructure to meet the need of the growing global air traffic volume.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Commercial Airport Lighting by Segment
The study includes a forecast for the global commercial airport lighting by product, application, and region.
Commercial Airport Lighting Market by Product [Shipment Analysis by Value from 2018 to 2030]:
• LED Lighting
• Non-LED Lighting
Commercial Airport Lighting Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Landside
• Airside
Commercial Airport Lighting Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Commercial Airport Lighting Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies commercial airport lighting companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the commercial airport lighting companies profiled in this report include-
• ADB Safegate
• TKH
• Ocem Airfield Technology
• Eaton
• Astronics
• Philips
• Airport Lighting Equipment
Commercial Airport Lighting Market Insights
Lucintel forecasts that LED lighting is expected to witness highest growth over the forecast period due to high need of energy efficiency, longebility, and durability.
Within this market, airside will remain the largest segment strict safety regulations, continuous operation, and the need for precision and reliability.
APAC is expected to witness highest growth over the forecast period due to modernization of the existing airports in China, India, and other countries.
Features of the Global Commercial Airport Lighting Market
Market Size Estimates: Commercial airport lighting market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Commercial airport lighting market size by product, application, and region in terms of value ($B).
Regional Analysis: Commercial airport lighting market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different product, application, and regions for the commercial airport lighting market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the commercial airport lighting market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q.1 What is the commercial airport lighting market size?
Answer: The global commercial airport lighting market is expected to reach an estimated $0.85 billion by 2030.
Q.2 What is the growth forecast for commercial airport lighting market?
Answer: The global commercial airport lighting market is expected to grow with a CAGR of 5.1% from 2024 to 2030.
Q.3 What are the major drivers influencing the growth of the commercial airport lighting market?
Answer: The major drivers for this market are growth of new construction of airports, rapid modernization of existing airport infrastructure to meet the need of the growing global air traffic volume, and .
Q4. What are the major segments for commercial airport lighting market?
Answer: The future of the commercial airport lighting market looks promising with opportunities in the landside and airside markets.
Q5. Who are the key commercial airport lighting market companies?
Answer: Some of the key commercial airport lighting companies are as follows:
• ADB Safegate
• TKH
• OCEM Airfield Technology
• Eaton
• Astronics
• Philips
• Airport Lighting Equipment
Q6. Which commercial airport lighting market segment will be the largest in future?
Answer: Lucintel forecasts that LED lighting is expected to witness highest growth over the forecast period due to high need of energy efficiency, longebility, and durability.
Q7. In commercial airport lighting market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period due to modernization of the existing airports in China, India, and other countries.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the commercial airport lighting market by product type (LED lighting and non-LED lighting), application (landside and airside), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Commercial Airport Lighting Market, Commercial Airport Lighting Market Size, Commercial Airport Lighting Market Growth, Commercial Airport Lighting Market Analysis, Commercial Airport Lighting Market Report, Commercial Airport Lighting Market Share, Commercial Airport Lighting Market Trends, Commercial Airport Lighting Market Forecast, Commercial Airport Lighting Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.