Global Runway Lighting Market Growth 2023-2029

Global Runway Lighting Market Growth 2023-2029

Lights are easily one of the most important fixtures present on a runway. Runway lights guide pilots during the takeoff and landing procedures. In reality, all lights on an airfield are essential to the safe and efficient aircraft operations during takeoff, landing, and taxiing.

Runway edge lights are white, transitioning to amber near the departure end of the runway. The ends, or thresholds, of the runways have green lights at the “beginning” of the runway, or approach end. The departure end is marked by red lights delineating the end of operational pavement. Recessed in-pavement runway lights, also white in color, are common at most large airports to provide enhanced runway visibility. These lights are typically used in conjunction with approach light systems, which extend beyond the runway ends, providing a visual queue for the pilots to line-up the aircraft during approach.
LPI (LP Information)' newest research report, the “Runway Lighting Industry Forecast” looks at past sales and reviews total world Runway Lighting sales in 2022, providing a comprehensive analysis by region and market sector of projected Runway Lighting sales for 2023 through 2029. With Runway Lighting sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Runway Lighting industry.
This Insight Report provides a comprehensive analysis of the global Runway Lighting 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 Runway Lighting portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Runway Lighting market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Runway Lighting and breaks down the forecast by light, by end users, 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 Runway Lighting.
The global Runway Lighting market size is projected to grow from US$ 312.1 million in 2022 to US$ 453.9 million in 2029; it is expected to grow at a CAGR of 453.9 from 2023 to 2029.
Global Runway Lighting key players include ADB SAFEGATE, Honeywell, Hella (TKH), Eaton, OSRAM, etc. Global top five manufacturers hold a share about 60%.
Europe is the largest market, with a share over 30%, followed by North America and China, both have a share about 40 percent.
In terms of product, LED is the largest segment, with a share over 60%. And in terms of application, the largest application is Civilian and Commercial Airport, followed by Military Airport.
This report presents a comprehensive overview, market shares, and growth opportunities of Runway Lighting market by product light, end users, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by light
Halogen
LED
Segmentation by end users
Civilian and Commercial Airport
Military Airport
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.
ADB SAFEGATE
Honeywell
Hella (TKH)
Eaton
OSRAM
OCEM Airfield Technology
Astronics
Youyang
Airsafe Airport Equipment
Carmanah Technologies
Vosla (NARVA)
ATG Airports
Avlite Systems (Sealite)
Transcon
Key Questions Addressed in this Report
What is the 10-year outlook for the global Runway Lighting market?
What factors are driving Runway Lighting market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Runway Lighting market opportunities vary by end market size?
How does Runway Lighting break out light, end users?
What are the influences of COVID-19 and Russia-Ukraine war?

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