Airport Lighting Systems Market Key

Airport Lighting Systems Market Key Insights,
Latest Trends, and Regional OutlookGlobal Commercial Airport Lighting Market – Overview

The global commercial airport lighting market is growing with the rapid
pace. According to a recent study report published by the Market Research
Future, The global market of commercial airport lighting market will grow at a
rapid pace over the forecast period. The market is forecasted to witness slow
but steady growth by 2021, which will be a surplus growth at a moderate CAGR
during the projected period (2017 -2021).  

The high demand for commercial airport
lighting system market is due to the growth in the air passenger traffic. The economic boom in
emerging countries has led to the development of world-class airports. This
increases the participation of OEMs in the field of commercial airport lighting
market. Moreover, the growing demand for commercial airport lighting market
that satisfies the demand for air passenger traffic. The rapid aircraft fleet
expansion along with the increased focus of OEMs on creating ambiance for
passengers is expected to result in an increase in airport lighting and as well
as it is expected to add to the growth of the market. However, integration of
airfield LED light fixtures, the cost associated with lighting systems, and
inconvenience caused due to improper visibility caused by LEDs installed at
runways acts as a barrier to the growth of wide-body aircraft MRO market.

The commercial airport lighting market is completely dependent on the
volume of air passenger traffic. Thus, the increasing or decreasing demand for
the air passenger traffic directly has an impact on the market. Moreover, the
factor responsible for the growth of commercial airport lighting market is growing
air passenger traffic, investments on airport modernization and upgradation,
and increased demand for passenger and aircraft safety. This is the primary
factor that drives the growth of the global commercial airport lighting market
and has gained prevalence in the recent times, with the usage of best in class
technologies in aircraft. Thus, the growth of the commercial airport lighting
market is expected to go hand in hand with the growth of investment in the
aircraft industry.

The expansion of the commercial aircraft fleets, which has resulted in
the development of a set of airport lighting market. The increased focus of
passengers on airport ambiance will lead to an increase in the use of airport
lighting, due to which there will be growth in global commercial airport
lighting market. The expansion of the existing commercial aircraft fleets along
with the launch of new airlines would result in increased use of airport
lighting in the forthcoming years. Hence, it is expected that the air passenger
traffic would eventually drive the global commercial airport lighting market.
Moreover, growth safety features to facilitate the night flying will drive the
growth of global commercial airport lighting market. This enables faster
response to crisis situations and adaptation to the dynamic change in climate.

Access Report Details @ https://www.marketresearchfuture.com/reports/commercial-airport-lighting-market-1623

Industry/ Innovation/ Related News:

July, 2017 – Carmanah Technologies Corporation acquired Vega Industries
Ltd to diversify the product portfolio.

Feb, 2017 – Honeywell signed a contract to implement a new airfield
ground lighting control and monitoring system at Singapore Changi Airport. The
new Honeywell system had covered three runways and associated taxiways, taxi
lanes and apron lighting as well as facility control and management.

Global Commercial Airport Lighting Market – Segmentation

The global Commercial Airport Lighting market is segmented in to 4
key dynamics for the convenience of the report and enhanced understanding;

Segmentation by Application: Comprises Short, Medium and Long

Segmentation by Technology: Comprises LED and Non LED

Segmentation by Regions: Comprises Geographical regions - North
America, Europe, Asia-Pacific, Middle East & Africa and South America.

Global Commercial Airport Lighting Market: Regional Analysis

European region market is dominating the market of global commercial
airport lighting market due to large amount of busiest airports. The market in
the European countries is largely driven by growing fleet size of aircraft,
which helps in growth of global commercial airport lighting market.

Asia Pacific is referred to as the second-largest commercial airport
lighting market due to factors such as growing investment in world-class
airports in developing countries have fuelled the demand for global commercial
airport lighting market.