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Airport Lighting - Global Market Trajectory & Analytics

  • ID: 4804221
  • Report
  • April 2021
  • Region: Global
  • 283 Pages
  • Global Industry Analysts, Inc
Global Airport Lighting Market to Reach $850 Million by 2027

Amid the COVID-19 crisis, the global market for Airport Lighting estimated at US$571.5 Million in the year 2020, is projected to reach a revised size of US$850 Million by 2027, growing at a CAGR of 5.8% over the analysis period 2020-2027. Runway Lighting Systems, one of the segments analyzed in the report, is projected to record a 6.5% CAGR and reach US$405.7 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Taxiway Lighting Systems segment is readjusted to a revised 5.4% CAGR for the next 7-year period.

The U.S. Market is Estimated at $154.7 Million, While China is Forecast to Grow at 9% CAGR

The Airport Lighting market in the U.S. is estimated at US$154.7 Million in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$181 Million by the year 2027 trailing a CAGR of 9% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.1% and 5.3% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3.7% CAGR.

Apron Lighting Systems Segment to Record 4.9% CAGR

In the global Apron Lighting Systems segment, USA, Canada, Japan, China and Europe will drive the 4.4% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$76.6 Million in the year 2020 will reach a projected size of US$103.7 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$114.3 Million by the year 2027, while Latin America will expand at a 5.9% CAGR through the analysis period.

Select Competitors (Total 46 Featured):
  • ADB Safegate BVBA
  • Astronics Corporation
  • atg airports limited
  • Avlite Systems
  • Carmanah Technologies Corporation
  • Eaton Corporation
  • General Electric Company
  • Honeywell International, Inc.
  • Induperm A/S
  • Philips Lighting
  • vosla GmbH
Frequently Asked Questions about the Global Market for Airport Lighting

What is the estimated value of the Global Market for Airport Lighting?

The Global Market for Airport Lighting was estimated to be valued at $571.5 Million in 2020.

What is the growth rate of the Global Market for Airport Lighting?

The growth rate of the Global Market for Airport Lighting is 5.8%, with an estimated value of $850.0 Million by 2027.

What is the forecasted size of the Global Market for Airport Lighting?

The Global Market for Airport Lighting is estimated to be worth $850.0 Million by 2027.
Note: Product cover images may vary from those shown

  • Influencer Market Insights
  • World Market Trajectories
  • Impact of Covid-19 and a Looming Global Recession


  • Total Companies Profiled: 46
Note: Product cover images may vary from those shown