ID: MRFR/AERO/1092-CRR | November, 2016 | Region: Global | 103 pages | Cooked Research Reports
Market Synopsis of Global Commercial Airport Lighting Market
The Global Commercial Airport Lighting Market is expected to grow at a CAGR of around 8% during 2016-2021. The key factors driving the growth are growing air passenger traffic, investments on airport modernization and upgradation, and increased demand for passenger and aircraft safety.
As per the MRFR analysis, integration of airfield LED light fixtures, cost associated with lighting systems, and inconvenience caused due to improper visibility caused by LEDs installed at runways.
Adoption of solar LED lights to power runway, taxiway, and terminal lights, and evolution of technologies to monitor airfield lighting systems are the emerging trends, which would impact the market in the forecast period.
Global Commercial Airport Lighting Market ($ billion), 2016-2021
Study Objectives of Global Commercial Airport Lighting Market
Some of the key players in the Global Commercial Airport Lighting Market are Abacus Lighting, atg airports limited, Honeywell, Siemens AG, vosla Gmbh, ADB Airfield Solutions, Avlite Systems, Carmanah Technologies Corp., Crouse-Hinds, and Hella KGaA Hueck & Co.
Market Segmentation of Global Commercial Airport Lighting Market
Regional and Country Analysis of Global Commercial Airport Lighting Market
As per the MRFR analysis, the EMEA region will continue its dominance in the forecast period to reach $XX billion, to grow at a CAGR of 8%. Whereas, APAC and Americas will significantly grow at a CAGR of 12% and XX%, respectively during the forecast period.
The report also covers country level analysis:
Americas (North & Latin)
Asia – Pacific
Middle East & Africa
The market report for Global Commercial Airport Lighting Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.