Global Commercial Airport Lightening Market

Commercial Airport Lightening Market Size, Share, Growth Analysis, By Product Type(LED Lightening and Non-LED Lighting), By Application(Landside, Airside (Runway Lighting, Taxiway Lighting, Approach Lighting), By Region - Industry Forecast 2024-2031


Report ID: SQMIG20A2260 | Region: Global | Published Date: May, 2024
Pages: 202 | Tables: 63 | Figures: 71

Commercial Airport Lightening Market Dynamics

Drivers

Expansion and modernization of airport infrastructure

  • The aviation industry is seeing a big increase in building, expanding, and updating airports. Airports are becoming more than just places to catch flights—they're turning into busy hubs for transportation. With more flights and passengers, airports need better lightening systems. New construction projects include building new runways, taxiways, and terminals, so they need complete lightening solutions to work well and be safe. Older airports are getting upgraded with new lightening technology to meet modern standards and be more environmentally friendly. As airports try to stay competitive and efficient, they're investing in better lightening systems as part of their plans for growth. This is driving the market forward.

Strict Government Regulations

  • As safety is of utmost importance in aviation, airports must follow firm rules to guarantee everything is safe. The International Civil Aviation Organization (ICAO) and the Federal Aviation Administration (FAA) are the organizations that make rules. A rule for lightening is made to help pilots so that they can see clearly their paths while going on runways, taxiways, and other areas. During bad weather conditions, the quality of lightening is important for the pilots. Airports must sustain with the rules and invest in modern lightening to stay safe and follow them, which helps the market grow.

Rise in Air Travel

  • The commercial airport lightening market is growing because of the rapidly increasing air traffic worldwide. Due to the growth of the economies, travelling is becoming easy through airports and people are travelling more, increasing the demand for air transportation. Additionally, income levels are rising, businesses are expanding, and a growing middle class that is inclined towards travelling by air is also helping the market to grow. Therefore, the maintenance of the infrastructure such as lightening systems is essential due to the growth of flights and passengers.

Restraints 

Lack of management and high cost

  • Challenges like disagreements among airport authorities, lack of management, and not having enough money are hurdles in the growth of this market. Airport authorities struggle to manage lights efficiently to cut costs.
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FAQs

Commercial Airport Lightening Market size was valued at USD 6.2 billion in 2022 and is poised to grow from USD 6.6 billion in 2023 to USD 9.8 billion by 2031, at a CAGR of 5.1% during the forecast period (2024-2031).

Top companies are always providing new lightening solutions for airports around the world. Smaller regional companies also play a big role by offering modified solutions. The industry is competitive, with companies trying to be noticeable by offering unique products, setting prices, and focusing on sustainability. This competition is estimated to continue as airports work to improve their lightening to come across safety rules and handle more air traffic. 'Philips', 'OSRAM', 'Siemens', 'GE Lighting', 'Abacus Lighting', 'ABB(Cooper Industries)', 'ATG Airports', 'Vosla', 'Honeywell International', 'Manairco', 'Astronics', 'Avlite Systems', 'Carmanah Technologies', 'Goodrich Lightening Systems', 'Airfield Lighting', 'ADB Airfield Solutions'

The aviation industry is seeing a big increase in building, expanding, and updating airports. Airports are becoming more than just places to catch flights—they're turning into busy hubs for transportation. With more flights and passengers, airports need better lightening systems. New construction projects include building new runways, taxiways, and terminals, so they need complete lightening solutions to work well and be safe. Older airports are getting upgraded with new lightening technology to meet modern standards and be more environmentally friendly. As airports try to stay competitive and efficient, they're investing in better lightening systems as part of their plans for growth. This is driving the market forward.

Adoption of Solar Powered LED Lights: Traditional airport lights, like radiant lights, have been used for years but their maintenance, repairing, and replacing cost is higher. The airport authorities are moving to cost-effective lightening solutions like solar-powered LED lights. As these lights use solar energy during the day to power up, they're perfect for night operations like landing and takeoff. They require less operational costs as they need a lower amount of maintenance. For instance, many airports, like Rajiv Gandhi Hyderabad International Airport in India and Bonriki International Airport in Kiribati, have switched traditional lights with solar-powered ones. This has helped reduce their operational costs. These lights are also environmentally friendly, which is important as the aviation industry wants to reduce pollution. This is driving the adoption of these lights and improving the businesses of companies making them.

The dominating region in the commercial airport lightening market is North America, which holds a significant market share. This region is dominant largely due to many commercial military airports and a strong emphasis on energy efficiency and low operational costs. The demand for commercial airport lightening in this region is driven by rising air travel, stricter safety regulations, and the necessity to upgrade old or traditional infrastructure. This pushes airports to invest in modern lightening solutions for better effectiveness.

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Global Commercial Airport Lightening Market

Report ID: SQMIG20A2260

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