Transparency Market Research
Airfield Lighting includes all the lighting systems used in all airports in order to support airport operations, night flying, and improve airport appearance. Airfield Lighting systems are designed to support pilots while landing, taking off. Airport lighting helps in visual guidance to pilots to achieve correct approach slope of 3° during landing.
The global airfield lighting market has witnessed significant growth since last few years and is anticipated to grow at a decent rate during the forecast period. The primary factors driving the growth of global airfield lighting market includes focus on expansion of airport infrastructure and controlling maintenance cost. The airfield lighting system helps to improve appearance, safety and support for night flights. Therefore, nowadays many airports are upgrading their existing lighting system in order to reposition their current standard to advanced world-class standards. This in turn, identifying new business opportunities for manufacturers and fueling the growth of global airfield market during the forecast period. Another factor driving the global airfield lighting market is the rising number of private player’s entry and increasing investment. These factors are anticipated to propel the growth of the global airfield lighting market at a significant rate during the forecast period.
However, some limiting factors such as the economic crisis in some economies and stringent government regulations & policies are hampering the growth of the global airfield lighting market during the forecast period.
The global airfield lighting market can be segmented into application, type, position, technology, and geography. By application, the global airfield lighting market can be segmented into terminal lighting, landside lighting, and airside lighting. Among all the applications the airside lighting is projected to be the dominant segment in the global airfield lighting market. The airside lighting is required in all airport lighting, and it is a mandatory component. Furthermore, on the basis of type the market can be segmented into runway lighting system, taxiway lighting system, and apron lighting system. On the basis of position the global airfield lighting market can be segregated into in-pavement/inset airfield lights, elevated airfield lights, and precision approach path indicator (PAPI). Furthermore, the technology segment can be diversified into LED and Non-LED. Among the technologies, LED is anticipated to hold the largest share during the forecast period. Based on geography, the global airfield lighting market can be segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America. Among all the regions the Middle East is anticipated to dominate the global airfield market with the largest share during the forecast period. This is mainly due to the increasing adoption of advanced and expensive lighting technologies in Middle East countries. Although, the Asia Pacific is anticipated to show extensive growth during the research study. This is mainly due to the rising demand for commercial aircraft in APAC countries including Russia, China, and India.
The global airfield lighting market is fragmented with many regional and international players. Also, many new private players are expected to enter the market. This is mainly due to easy availability of raw materials and lighting equipment. Some of the prominent players operating in the global airfield lighting market include Honeywell International Inc., RNC Avionics Ltd., Hella KGaA Hueck & Co., ADB Airfield Solutions, Carmanah Technologies Corp., Avlite Systems, Eaton, Vosla GmbH, and atg airports limited among others.
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