Global Commercial Airport Lighting Market 2021-2025

Global Commercial Airport Lighting Market 2021-2025

The publisher has been monitoring the commercial airport lighting market and it is poised to grow by 161.31 bn during 2021-2025, progressing at a CAGR of 4% during the forecast period. The report on commercial airport lighting market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the construction of new airports and modernization of existing airport infrastructure, low operating and maintenance cost of LED airport lighting, and growth in travel and tourism industry. In addition, construction of new airports and modernization of existing airport infrastructure is anticipated to boost the growth of the market as well.

The commercial airport lighting market analysis includes product segment and geographical landscapes.

The commercial airport lighting market is segmented as below:

By Product

• LED lighting
• Non-LED lighting

By Geographical Landscapes

• APAC
• MEA
• Europe
• North America
• South America

This study identifies the shift from the use of conventional incandescent lights to led and solar-powered LEDs as one of the prime reasons driving the commercial airport lighting market growth during the next few years. Also, increasing adoption of eco-friendly lighting systems in airports, and advent of smart airfield lighting monitoring systems will lead to sizable demand in the market.

Thereport on commercial airport lighting market covers the following areas:

• Commercial airport lighting market sizing
• Commercial airport lighting market forecast
• Commercial airport lighting market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading commercial airport lighting market vendors that include Abacus Lighting Ltd., Astronics Corp., atg airports Ltd., Carmanah Technologies Corp., Eaton Corporation Plc, Honeywell International Inc., OSRAM Licht AG, Siemens AG, Signify NV, and TKH Group NV. Also, the commercial airport lighting market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.