Commercial Airport Lighting Market poised to grow at a CAGR around 8% over the period of 2018 – 2023

Pune, India, January, 2018/MRFR Press Release/- Market Research Future published a Cooked research report on “Global Commercial Airport Lighting Market Research Report - Forecast to 2023” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023.

Honeywell International Inc., (US), ADB SAFEGATE (US), ABB (Switzerland), vosla GmBH (Germany), Avlite (Australia), Carmanah (Canada), Eaton (Ireland), atg airports limited (UK), Avionics Group (US), and HELLA GmBH & Co. KGaA (Germany) are some of the prominent players profiled in MRFR Analysis and are at the forefront of competition in the global commercial airport lighting market.

Commercial Airport Lighting Market – Overview

The commercial airport lighting systems are expected to pave the way for next-gen lightings. Airport lighting systems offer enhanced surveillance capabilities by radiating light beams which enable aircrafts in secure landing and take-offs. Governments of various countries such as the US have stringent regulation pertaining airport safety. For instance, the Federal Aviation Administration designs and develops standards of lighting, signs and marking for civil airports.  Ultimately, the aim is to offer enhanced safety to passengers and airport officials.

Players operating in the commercial airport lighting market must develop systems that comply with the aviation regulations of various countries such as the US and Canada. For instance, in Canada, Transport Canada lays down the pre-requisites of airport lighting systems. Governments are also investing in airport upgradation and maintenance to offer enhanced safety to the growing passenger traffic. For instance, in 2018, Federal Aviation Administration had announced a funding of USD 616.9 million for airport infrastructure.

Industry/ Innovation/ Related News:

February 2017 – Honeywell International, Inc. signed a contract to provide its airfield ground lighting control and monitoring system at Changi Airport, Singapore. The lighting systems enabled the airport to offer enhanced safety to pilots and passengers.

April 2015 – Koninklijke Philips N.V., Schiphol and Engie collaborated to provide Lighting in terminal buildings of Amsterdam Airport Schiphol.

Commercial Airport Lighting Market – Segmentation

The global commercial airport lighting is segmented in to 3 key dynamics for the convenience of the report and enhanced understanding;

Segmentation by Technology: LED, Non-LED

Segmentation by Application: Airside lighting, Terminal Lighting, Landside Lighting.

Segmentation by Regions: North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.

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

Commercial Airport Lighting Market:

Regional Analysis

The global commercial airport lighting market has been segmented into North America, Asia Pacific, Middle East & Africa, Europe, and Latin America. Increasing investments in airport development, maintenance and modification, and stringent government regulations pertaining airport security are certain factors that led to highest adoption of commercial airport lighting in the North American region. The region accounted for the largest share in the global market in 2017. However, Asia Pacific region is expected to witness the fastest growth over the forecast period owing to factors such as the growing need for energy conservation and increasing passenger traffic are driving the market growth in the region. For instance, in 2017, The Rajiv Gandhi International Airport (RGIA) at Hyderabad, India, installed LED airside lighting with an aim to conserve energy.