Transparency Market Research Reports included a detailed market survey and analysis trends on “Commercial Airport Lighting Market”. This report also includes more info about basic overview of the industry including definitions, applications and global market industry structure.
Lighting is an important safety aspect for airports to facilitate night flying and create ambience at terminals for customers. Also, airport lights play an important role in facilitating landings during the night. In general, the type of aircraft decides the type of lights used. With the increased number of aircrafts worldwide and increased scope of the traveling and tourism sector, various new airports projects are coming up. Therefore, the airport lighting market is booming.
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Along with the best lights for aircraft landing, it has become essential to create cost-efficient lights demanded by the airport owners for cutting costs. Airports receive LEED Gold Certification for energy-efficient lighting.
The commercial lighting market is segmented into-
- Terminal Lighting-Important for ambience, most expensive
- Airside Lighting-
- Landside Lighting
Along with the existence of major players, many new entrants are investing in this market. Moreover, with an increase in demand for commercial aircrafts in countries such as India, China, Africa, and Russia, this market is expected to grow at a faster pace than in countries like the U.S. and the U.K. where infrastructure is well developed.
The global increase in the number of aircrafts, airports, and the demand for cost-efficient lighting are the drivers for this market. Lack of management and discrepancies among airport authority and lack of funds can be restraints for this market. Managing airport lights efficiently and effectively to minimize the cost of energy utilized is the challenge for airport authorities.
Some of the major players in this market are Honeywell International Inc (U.S.), Philips, Avlite Systems, Siemens Ag, Goodrich Lighting Systems, Cooper Industries, Airfield Lighting, Safegate, Manairco Inc, GE, Astronics, and others.
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