Airport Lighting Market

Airport Lighting Market Snapshot 2023-2033

The global Airport Lighting market is expected to witness a market value of US$ 778.31 Million in 2023 and is expected to accumulate a market value of US$ 1,604.13 Million by registering a CAGR of 7.5% in the forecast period 2023 to 2033. The market for Airport Lighting market registered a CAGR of 3.4% in the historical period 2018 to 2022. Expansion of airport infrastructure as well as increasing focus on controlling maintenance costs across the globe are the major factors that are expected to augment the market growth.

As per Future Market Insights – market research and competitive intelligence provider, the global market value for Airport Lighting has been augmented, owing to the factors such as the rise in government investments for airport infrastructure, driven by increase in passenger traffic as well as surging disposable income. Moreover, lower operational and maintenance costs, and high focus on energy efficient lighting systems are other major factors that are expected to boost the growth of the airport lighting market over the analysis period.

Other factors including increasing research & development activities, and advent of electric and solar-powered LED technology are also expected to create lucrative avenues for the market growth in the near future. In order to curb the operational costs with the high maintenance of incandescent lights, the airport authorities have been increasingly inclining towards cost-efficient lighting solutions.

Solar powered LED lights have been adopted by the airport authorities as these are cheaper than their counterpart. These lighting solutions convert solar energy captured during the daytime to electrical energy, which supports seamless takeoff, landing and taxiing operations during night. In addition, the solar-powered lights require less maintenance, which benefits the airport authorities from incurring huge operational year on year costs.

On the regional end, the airport lighting market in North America is projected to account for the highest share during the forecast period, owing to the factors such as the high focus towards energy efficiency, low operational costs, and presence of large number of commercial as well as military airports in the region.

On the other hand, the Asia Pacific airport lighting market is expected to hold the second highest share during the analysis period, attributed to the factors such as the construction of new airports as well as the modernization of the existing airports in the region. Moreover, increase in the passenger traffic in various countries including India, Australia, and Indonesia is another major factor driving the regional market growth.

Furthermore, factors such as shifting from existing lights with new lighting systems to conserve energy and carbon emissions is another factor that is anticipated to fuel the regional market growth in the forthcoming years. For instance, as of July 2021, the Rajiv Gandhi International Airport at Hyderabad completed the conversion of 98% of its Airside lighting (Airfield signage, taxiway centerline lights, and runway lights) with energy-efficient LED lighting.

Recent developments in the technology, mergers and acquisitions, and partnerships within the companies involved in the designing of Airport Lighting are expected to create lucrative opportunities for the market growth over the analysis period.

For instance, the Airports Authority of India (AAI), in August 2021, announced that it installed a state-of-the-art Precision Approach Lighting System (PALS) on the runway of the Thiruvananthapuram International Airport, in order to improve safety during aircraft landings.

Subsequently, Mariehamn Airport, in July 2021, announced that the company replaced more than 130 lights that make up the runway lighting system at the airport, with eco-friendly LED lighting. The energy consumption of the new LED lighting is about 30% of the previous lights’ energy consumption.

Airport Lighting Market Overview

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.

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.

Airport Lighting Market: Regional Outlook

With the growing airport infrastructure in various countries such as, Singapore, India and China coupled with constant upgradation/renovation of airport infrastructure, Asia Pacific is anticipated to witness growth at high pace in the coming decade.

Owing to further development of airports with growing air traffic in GCC countries such as U.A.E., Middle East & Africa region is expected to witness high growth during the forecast years. North America and Europe are anticipated to witness moderate growth in the global airport lighting market owing to fairly developed airport infrastructure.

Countries such as U.K., France and Germany are anticipated to witness moderate growth in the global airport lighting market. Latin America on the other hand, is projected to witness steady growth in the global airport lighting market.

Airport Lighting Market: Key Participant

Some of the market participants in the global airport lighting market, identified across the value chain include:

• Honeywell International, Inc.
• Signify Holding
• ADB SAFEGATE
• Avlite Systems
• Siemens
• Eaton Corporation
• Hughey & Phillips
• Astronics
• TKH Airport Solutions
• HELLA KGaA Hueck & Co
• Flash Technology, LLC
• Vosla GmbH .
• Atg airports limited

The research report on the Airport Lighting market presents a comprehensive assessment, and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data.

The Airport Lighting market report also contains projections using a suitable set of assumptions and methodologies. The report provides analysis and information according to market segments such as geography, type of lighting and application.

The report covers exhaustive analysis on

• Airport Lighting Market Segments
• Airport Lighting Market Dynamics
• Airport Lighting Market Size
• New Sales of Airport Lighting
• Current Trends/Issues/Challenges in the Airport Lighting Market
• Competition & Companies Involved in Airport Lighting
• New Technology for Airport Lighting
• Value Chain of the Airport Lighting Market

Regional analysis includes

• North America (The USA, Canada)
• Latin America (Mexico, Brazil)
• Western Europe (Germany, Italy, France, The United Kingdom, Spain)
• Eastern Europe (Poland, Russia)
• Asia Pacific (China, India, ASEAN, Australia & New Zealand)
• Japan
• Middle East and Africa (GCC Countries, S. Africa, Northern Africa)

The global Airport Lighting market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, and inputs from industry experts across the value chain.

The report provides in-depth analysis of parent market trends, macro-economic indicators, and governing factors, along with market attractiveness as per segment. The report also maps the qualitative impact of various market factors on market segments and geographies.

Airport Lighting Market: Segmentation

The global airport lighting market can be segmented on the basis of type of lighting, application and technology type.

Type of Lighting

• Airport beacon
• Visual glide scope indicator
• Visual approach scope indicator (VASI)
• Precision approach path indicator (PAPI)
• Runway lighting
• Runway edge lighting
• Taxiway lighting
• Obstruction lighting

Application

• Terminal lighting
• Landside lighting
• Airside lighting

Technology Type

• LED
• Non LED