USD 89.9 billion
Airport Visual Approach Slope Indicator (VASI) Lighting Market Size, Share, Growth Analysis, By Type(Precision Approach Path Indicator (PAPI) and Non-Precision Approach Path Indicator (non-PAPI).), By Application(Commercial Airports and General Aviation Airports.), By Region - Industry Forecast 2024-2031
Report ID:
SQMIG20A2203 |
Region:
Global |
Published Date: February, 2024
Pages:
157
|Tables:
59
|Figures:
75
Airport Visual Approach Slope Indicator (VASI) Lighting Market Insights
Airport Visual Approach Slope Indicator Lighting Market size was valued at USD 94.7 billion in 2022 and is poised to grow from USD 99.81 billion in 2023 to USD 152.03 billion by 2031, growing at a CAGR of 5.40% in the forecast period (2024-2031).
The global airport visual approach slope indicator (VASI) lighting market is a vital component of aviation infrastructure, playing a crucial role in ensuring the safe and efficient landing of aircraft. VASI lighting systems are designed to provide visual cues to pilots during the approach phase of landing, enabling them to maintain the correct glide path for a safe touchdown. These lighting systems are essential, especially in adverse weather conditions or during nighttime operations, as they enhance the situational awareness of pilots and reduce the risk of runway incursions. The market for Airport VASI Lighting is driven by the increasing global air traffic and the constant need for runway safety enhancements. As air travel continues to grow, airports around the world are expanding their infrastructure to accommodate the rising number of flights. As a result, there is a growing demand for advanced visual landing aids like VASI lighting systems to ensure the safe handling of aircraft during busy landing operations. Additionally, stringent safety regulations imposed by aviation authorities have made the installation of VASI lighting systems mandatory at many airports, further boosting market demand.
US Airport Visual Approach Slope Indicator (VASI) Lighting Market is poised to grow at a sustainable CAGR for the next forecast year.
Market Snapshot - 2024-2031
Global Market Size
Largest Segment
Precision Approach Path Indicator (PAPI)
Fastest Growth
Growth Rate
5.4% CAGR
Global Airport Visual Approach Slope Indicator (VASI) LightingMarket ($ Bn)
Country Share for North America Region (%)
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Airport Visual Approach Slope Indicator (VASI) Lighting Market Segmental Analysis
The global airport visual approach slope indicator (VASI) lighting market is segmented on the basis of type, application, and region. Based on type, the market can be segmented into Precision Approach Path Indicator (PAPI) and Non-Precision Approach Path Indicator (non-PAPI). Based on Application, the market is segmented into Commercial Airports and General Aviation Airports. Based on region, the market is segmented into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.
Airport Visual Approach Slope Indicator Lighting Market Analysis by Type
In the global Airport Visual Approach Slope Indicator (VASI) Lighting market, the most dominant type is the Precision Approach Path Indicator (PAPI). PAPI systems are widely used in airports around the world due to their accuracy and effectiveness in guiding aircraft during approach and landing. The PAPI system provides a precise visual indication to pilots, helping them maintain the correct glide path for a safe landing.
On the other hand, the fastest-growing type in the Airport VASI Lighting market is the Non-Precision Approach Path Indicator (non-PAPI). Non-PAPI systems are gaining popularity, especially in airports with limited resources or in regions where the cost of installation and maintenance of precision approach systems like PAPI may be prohibitive. Non-PAPI systems are designed to provide a basic visual reference for pilots during approach and landing, albeit with slightly lower precision compared to PAPI.
Airport Visual Approach Slope Indicator Lighting Market Analysis by Application
In the global airport visual approach slope indicator (VASI) lighting market, the most dominant application is commercial airports. Commercial airports serve as major transportation hubs, catering to a vast number of domestic and international flights carrying passengers and cargo. These airports prioritize safety and operational efficiency, making the installation of reliable and effective VASI lighting systems a crucial component of their infrastructure. As a result, Commercial Airports have been the primary adopters of VASI lighting technology, solidifying their dominant position in the market.
On the other hand, the fastest growing application in the airport vasi lighting market is general aviation airports. General Aviation Airports are smaller facilities that cater to private and recreational aviation activities, including private aircraft, chartered flights, and flight training. In recent years, there has been a growing emphasis on improving safety standards and navigation aids at these airports. The installation of VASI lighting systems is seen as an essential step to enhance the safety of flight operations, especially during adverse weather conditions or low-visibility situations. As a result, General Aviation Airports are rapidly adopting VASI lighting technology, leading to its impressive growth in the market.
Global Airport Visual Approach Slope Indicator (VASI) Lighting Market By Type
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Airport Visual Approach Slope Indicator (VASI) Lighting Market Regional Insights
Among the different regions in the global airport visual approach slope indicator (VASI) lighting market, the most dominant region is North America. North America has a well-established and extensive aviation infrastructure, with numerous airports catering to domestic and international air travel. The region's emphasis on aviation safety and modernization of airport facilities has contributed to the widespread adoption of Airport VASI Lighting systems. These lighting systems play a crucial role in assisting pilots during the approach phase of landing, enhancing safety, and reducing the risk of runway accidents.
Conversely, the fastest growing region in the global airport VASI lighting market is Asia-Pacific. The Asia-Pacific region has experienced substantial growth in air travel demand due to increasing economic development and a burgeoning middle class. As a result, there has been significant investment in expanding and modernizing airport infrastructure across various countries in the region. This has led to a rising need for advanced aviation safety equipment, including Airport VASI Lighting, to ensure smooth and secure landings in airports with diverse geographical and weather conditions.
Global Airport Visual Approach Slope Indicator (VASI) Lighting By Geography
- Largest
- Fastest
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Airport Visual Approach Slope Indicator (VASI) Lighting Market Dynamics
Airport Visual Approach Slope Indicator Lighting Market Drivers
Improved Visibility
- VASI lighting systems significantly improve visibility during adverse weather conditions, such as low visibility due to fog, rain, or darkness. The precise and clear visual cues offered by VASI lights enable pilots to make informed decisions and maintain accurate altitude and approach angles, even in challenging weather scenarios, thereby minimizing the impact of adverse conditions on airport operations.
Airport Visual Approach Slope Indicator Lighting Market Restraints
Advancements in Instrument Landing Systems (ILS)
- With the advancements in technology, Instrument Landing Systems (ILS) and other precision approach systems have become more prevalent. While VASI lighting is an effective tool for visual guidance, some airports may opt for more automated and precise landing systems, such as ILS, which offer advanced navigational capabilities, reducing the demand for traditional VASI lighting.
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Airport Visual Approach Slope Indicator (VASI) Lighting Market Competitive Landscape
Competing companies in the global Airport VASI Lighting market are focused on innovation and technological advancements to provide state-of-the-art solutions to airport authorities and aviation stakeholders. They invest in research and development to improve the functionality and durability of VASI lighting systems, addressing the evolving needs of modern airports and diverse environmental conditions.
Airport Visual Approach Slope Indicator Lighting Market Top Player’s Company Profiles
- ADB SAFEGATE (Belgium)
- Eaton Corporation plc (Ireland)
- Siemens AG (Germany)
- Hella GmbH & Co. KGaA (Germany)
- Vosla GmbH (Germany)
- Astronics Corporation (US)
- TKH Airport Solutions (Netherlands)
- ADB Airfield Solutions (US)
- ADB Safegate Sweden AB (Sweden)
- Abacus Lighting Limited (UK)
- AEROLIGHT SAS (France)
- Avlite Systems (Australia)
- Carmanah Technologies Corporation (Canada)
- Genesys Aerosystems (US)
- Safegate Group (Belgium)
- Flight Light Inc. (US)
- ATG Airports Ltd (UK)
- INDU LIGHT - Ingenieurgesellschaft für Industriebeleuchtung mbH (Germany)
- AvioLights s.r.o. (Czech Republic)
Airport Visual Approach Slope Indicator Lighting Market Recent Developments
- In May 2023, Avlite Systems announced the launch of its new line of VASIS lights. The new lights are designed to be more energy-efficient and durable than previous models, and they also feature a new, more compact design.
- In April 2023, Delta Tech Inc. released its new VASIS lights that are designed to be more resistant to corrosion and weather damage. The new lights are also more energy-efficient than previous models.
- In March 2023, Eurolite announced the launch of its new VASIS lights that are designed to be more visible in low-visibility conditions. The new lights feature a new, brighter LED technology.
- In February 2023, Federal Signal Corporation announced the launch of its new VASIS lights that are designed to be more affordable than previous models. The new lights are still compliant with all FAA regulations.
- In January 2023, Flash Technology announced the launch of its new VASIS lights that are designed to be more easy to install than previous models. The new lights come with a pre-wired harness that makes installation quick and easy.
Airport Visual Approach Slope Indicator (VASI) Lighting Key Market Trends
- Advanced LED-based VASI systems: Traditional VASI lighting systems have relied on incandescent bulbs, but in recent years, there has been a notable shift towards LED technology due to its numerous advantages. LED-based VASI lights offer higher energy efficiency, longer lifespan, and lower maintenance costs compared to conventional bulbs. These lighting systems also provide better visibility and improved accuracy, ensuring pilots have a clear and precise visual reference during approach and landing. The migration towards LED-based VASI lighting solutions not only enhances safety and operational efficiency at airports but also aligns with the industry's growing emphasis on sustainability and reducing carbon footprints. As airport authorities and civil aviation bodies strive to upgrade and modernize their infrastructure, the adoption of advanced LED-based VASI lighting is expected to continue as a prominent market trend in the global aviation industry.
Airport Visual Approach Slope Indicator (VASI) Lighting Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyzes the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
According to the global airport visual approach slope indicator (VASI) lighting market analysis, the increasing demand for enhanced airport safety and improved landing procedures is a key driver for market growth. VASI lighting systems play a crucial role in assisting pilots during approach and landing by providing visual cues to ensure the aircraft is following the correct glide path. The adoption of VASI lighting systems is driven by the need to enhance runway visibility and reduce the risk of runway incursions, thus improving overall airport safety. The market for Airport VASI Lighting is influenced by factors such as airport modernization initiatives, increasing air traffic, and the expansion of airport infrastructure. As airports worldwide strive to enhance their operational efficiency and safety standards, the demand for advanced lighting systems like VASI is expected to grow. In terms of regional analysis, North America and Europe are prominent regions in the Airport VASI Lighting market due to their well-established aviation industry and modernization efforts in airport infrastructure. These regions also witness significant air traffic, driving the demand for improved landing aids. Additionally, the Asia Pacific region is witnessing rapid growth in the aviation sector, with increasing investments in airport expansion and modernization. As a result, there is a growing demand for advanced lighting systems like VASI to accommodate the increasing air traffic and ensure safe and efficient landing procedures.
| Report Metric | Details |
|---|---|
| Market size value in 2022 | USD 94.7 billion |
| Market size value in 2031 | USD 152.03 billion |
| Growth Rate | 5.40% |
| Base year | 2023 |
| Forecast period | 2024-2031 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
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| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
|
| Customization scope | Free report customization with purchase. Customization includes:-
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Airport Visual Approach Slope Indicator (VASI) Lighting Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Airport Visual Approach Slope Indicator (VASI) Lighting Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Airport Visual Approach Slope Indicator (VASI) Lighting Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Airport Visual Approach Slope Indicator (VASI) Lighting Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Airport Visual Approach Slope Indicator (VASI) Lighting Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Airport Visual Approach Slope Indicator (VASI) Lighting Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
Airport Visual Approach Slope Indicator (VASI) Lighting Market Report Snapshots
- Airport Visual Approach Slope Indicator (VASI) Lighting Companies
- Airport Visual Approach Slope Indicator (VASI) Lighting Market Size
- Airport Visual Approach Slope Indicator (VASI) Lighting Market Analysis
- Airport Visual Approach Slope Indicator (VASI) Lighting Geographic Analysis
- Airport Visual Approach Slope Indicator (VASI) Lighting Market News
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