Global Airport Lighting Solutions Market Growth (Status and Outlook) 2023-2029

Global Airport Lighting Solutions Market Growth (Status and Outlook) 2023-2029

Airport Lighting Solutions play an important role in creating a unique ambiance, improving aircraft movement and supporting other business operations at airports. Airport Lighting Solutions products include taxiway movement signs and obstruction lightings along with transformers and connector kits.  Along with manufacturing and supplying airport lighting solutions, the companies in this market are continuously focusing on developing new products to ensure compliance and meet different requirements laid by companies undertaking projects. The demand for smart lighting solutions will grow at a significant pace as they reduce energy consumption as compared to traditional light sources. This new market will grow at a notable rate as it helps airport owners in reducing carbon emissions as well as maintenance cost. The investors are looking to buy designed airport lighting solutions to build brand reputation by making airport attractive destinations and offering better passenger experience than competitors.

LPI (LP Information)' newest research report, the “Airport Lighting Solutions Industry Forecast” looks at past sales and reviews total world Airport Lighting Solutions sales in 2022, providing a comprehensive analysis by region and market sector of projected Airport Lighting Solutions sales for 2023 through 2029. With Airport Lighting Solutions sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Airport Lighting Solutions industry.

This Insight Report provides a comprehensive analysis of the global Airport Lighting Solutions landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Airport Lighting Solutions portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Airport Lighting Solutions market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Airport Lighting Solutions and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Airport Lighting Solutions.

The global Airport Lighting Solutions market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

The Airport Lighting Solutions market is gaining attention due to the increase in demand for airport light products globally for expansion as well as new construction. The growing number of air travelers and increased air cargo along with obsolete air traffic management (ATM) infrastructure will fuel the investments on Airport Lighting Solutions. Moreover, the vast applications of Airport Lighting Solutions in aircraft navigation, landing and safe movement are expected to further drive the growth rate in the coming years. Apart from achieving goals of operational cost reduction, improving operational efficiency, safety and sustainability, the Airport Lighting Solutions also play a key role in enhancing brand experience. The Asia-Pacific aviation industry is anticipated to witness highest level of investment in the coming years. As a result, China and India will be emerging as key players in the Airport Lighting Solutions market due to the growing number of air passengers. The major restraints to the market growth of Airport Lighting Solutions are economic slowdown in developed economies and airport regulations & lack of funds in the developing countries. One of the major challenges in the global Airport Lighting Solutions market will be developing products that can reduce energy cost of lights. The development of solar energy will be playing a key role in offsetting these factors expected to create a negative impact over the market.

This report presents a comprehensive overview, market shares, and growth opportunities of Airport Lighting Solutions market by product type, application, key players and key regions and countries.

Market Segmentation:

Segmentation by type
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

Segmentation by application
Regional Airport
Airstrips
Military Sites

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Abacus Lighting
Acuity Brands
ADB Airfield Solutions
Airport Lighting Specialists
ATG Airports Limited
Aviation Renewables
Carmanah Technologies Corp
Hella
Philips Lighting

Please note: The report will take approximately 2 business days to prepare and deliver.