Airport Lighting Market expected to be worth 672.2 Million USD by 2021


Posted April 25, 2017 by poojapatange

Airport Lighting Market by Type (Runway, Taxiway & Apron Lighting Systems), Position (In-Pavement Lighting, Elevated Lighting & PAPI), Technology (Non-LED and LED), and by Geography - Global Forecast to 2021

 
The airport lighting market is projected to grow from USD 473.7 Million in 2016 to USD 672.2 Million by 2021, at a CAGR of 7.2% from 2016 to 2021. Airport lights are used to indicate directions to the aircraft, during landing, takeoff, and parking. These lights are installed in runways, taxiways, and aprons. The runway lights are generally white, taxiway lights are blue in color, and apron lights can be of any color. The apron lights can be replaced by reflective markers in smaller airports.

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Browse 85 market data tables with 42 figures spread through 148 pages and in-depth TOC on "Airport Lighting Market - Global Forecast to 2021"
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Objectives of the Report

To define, describe, and forecast the airport lighting market on the basis of type, position, technology, and geography
To analyze the degree of competition in the market by identifying various parameters, including key market players
To identify and analyze the key drivers, restraints, opportunities, and challenges, influencing the airport lighting market
To analyze the demand side and supply side indicators and provide a factor analysis for the airport lighting market
To forecast the market size of segments with respect to various regions, which include North America, Europe, Asia-Pacific, the Middle East, and rest of the world (RoW)
To identify and illustrate political, economic, social, and technological factors influencing the airport lighting market
To strategically profile key market players and comprehensively analyze their market share and core competencies
To track and analyze competitive developments such as contracts, joint ventures, mergers & acquisitions, and new product developments in the airport lighting market

The research methodology used to estimate and forecast the airport lighting market begins with capturing data on key airport lighting equipment revenues through secondary research. The airport lighting system offerings are also taken into consideration to determine the market segmentation. The bottom-up procedure was employed to arrive at the overall market size from the revenue of key players in the market. After arriving at the overall market size, the total market was split into several segments and subsegments, which were then verified through primary research by conducting extensive interviews with key personnel, such as CEOs, VPs, directors, and executives.

The ecosystem of the airport lighting market comprises type, position, and technology industries. Various airport lighting solution providers include ADB Airfield Solutions (U.S.), Honeywell International, Inc. (U.S.), ABB (Switzerland), and Hella KGaA Hueck & Co. (Germany), among others. Contracts comprise the major strategy adopted by key players in the global airport lighting market. This report would help the airport lighting manufacturers, suppliers, distributers, and sub-component manufacturers to identify hot revenue pockets in this market.

Target Audience for this Report

Airport Lighting Manufacturers
Original Equipment Manufacturers
Sub-component Manufacturers
Technology Support Providers

“Study answers several questions for the stakeholders, primarily which market segments to focus in next two to five years for prioritizing the efforts and investments”.

Scope of the Report:

Airport Lighting Market, By Type

Runway Lighting Systems
Taxiway Lighting Systems
Apron Lighting Systems

Airport Lighting Market, By Position

In-Pavement/Inset Lights
Elevated Lights
Precision Approach Path Indicator

Airport Lighting Market, By Geography

North America
Europe
Asia-Pacific
Middle East
Rest of the World

Available Customizations

Along with the market data, MarketsandMarkets offers customizations as per specific needs of a company. The following customization options are available for the report:
Geographic Analysis
Further breakdown of the RoW airport lighting market
Company Information
Detailed analysis and profiling of additional market players (up to five)

About MarketsandMarkets

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Issued By Pooja
Country United States
Categories Aerospace , Manufacturing , Technology
Tags aerospace , airport lighting , airport lighting market , aviation , led , lighting
Last Updated April 25, 2017