Industry Overview of Commercial Airport Lighting Market
Commercial airport lighting encompasses a range of artificial light sources that serve various purposes in supporting aircraft operations, facilitating night flying, and enhancing the appearance of airports. These lighting installations include the airport beacon, visual glide scope indicator, visual approach scope indicator (VASI), wind cone light, runway edge lights, tower beacon, and more. Their primary function is to create a welcoming environment for passengers within terminal buildings and assist in essential operations like baggage handling, check-in procedures, and security measures. Additionally, commercial airport lighting is designed to be low maintenance, resistant to vibrations, cost-effective to operate, long-lasting, and capable of functioning in low-temperature conditions. By ensuring safety and operational ease, commercial airport lighting plays a crucial role in assisting aircraft during various stages such as rollout, take-off, landing, ground movement, and swift departure from the runway.
How Big Is the Commercial Airport Lighting Market?
The global commercial airport lighting market size reached US$ 629.5 Million in 2022. Looking forward, IMARC Group expects the market to reach a value of US$ 882.5 Million by 2028 exhibiting a CAGR of 5.69% during 2023-2028.
Commercial Airport Lighting Market Trends and Drivers:
The commercial airport lighting market is experiencing substantial growth driven by the widespread adoption of LED lights known for their high efficiency, maintenance-free operation, low operating costs, and reduced carbon emissions. Furthermore, there is a growing demand for creating safe and well-illuminated areas within airports to enhance traveler guidance through well-lit signage, improve passenger flow, facilitate effective staff interactions, and enable efficient document checks, such as passports. This need is contributing to the market expansion. Additionally, government investments in the development of commercial airport infrastructures, aimed at boosting import and export activities, are significant factors propelling market growth. The introduction of smart airfield lighting monitoring solutions that integrate tracking systems to reduce taxi time is also positively impacting the global market. Furthermore, the increasing demand for solar-powered lights is expected to further fuel the growth of the commercial airport lighting market in the future.
Global Commercial Airport Lighting Market 2023-2028 Analysis and Segmentation:
Top Key Players covered in this report are: Abacus Lighting Ltd., ADB Safegate BVBA, Airsafe Airport Equipment Co. Ltd., ATG Airports Ltd., Avlite Systems (Avlite Systems, part of SPX Corporation), Eaton Corporation plc, Koninklijke Philips N.V, TKH Airport Solutions B.V., Youyang Airport Lighting Equipment Inc.
The report segmented the market based on region, product type and application.
Product Type Insights:
- LED Lighting
- Non-LED Lighting
- Runway Lighting
- Taxiway Lighting
- Approach Lighting
- Obstruction and Beacon Lighting
- Terminal Side
- North America
- United States
- Asia Pacific
- South Korea
- United Kingdom
- Latin America
- Middle East and Africa
Key Highlights of the Report:
Market Performance (2017-2022)
Market Outlook (2023-2028)
Market Drivers and Success Factors
Impact of COVID-19
Value Chain Analysis
Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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