Airport Lighting Market, by Type (Runway Lighting Systems, Taxiway Lighting Systems, Apron Lighting Systems), Position (In-Pavement/Inset Lights, Elevated Lights, Precision Approach Path Indicator), Technology (Non-LED, LED) – Global Revenue, Trends, Growth, Share, Size and Forecast to 2022
Airport lighting is an important safety element for facilitating night flying and for creating ambience for consumers at terminals. The financial boom in various emerging countries leads to the growth of world-class airports has promoted the market for airport lighting to a greater extent.
With the growing air traffic around the world, growth of latest airports and up gradation of airports that already exists is underway. Further, fueling the market growth of airport lighting globally due to elevated illumination, the energy effectiveness of airport lights is of chief importance for reducing the overall cost of operations.
Airports that are operational with energy-efficient lighting have received LEED Gold Certification.
The report on the global airport lighting mark…om-up approaches to define, analyze, and describe the market trends for the next five years. The report also tracks the emerging applications, innovative technologies, and mergers & acquisitions.
It also focuses on the growth drivers and restraints for the key market players during the forecast period.
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Regionally, the global airport lighting market is segmented into Asia-Pacific, Latin America, Europe, North America, and Middle East & Africa. Among these regions, the Asia-Pacific region is anticipated to expand with maximum market share in the years to come.
Also, the Middle East region is projected to continue boosting the market growth with huge revenue share owing to adoption of latest as well as expensive lighting technologies. Also, Asia Pacific region is anticipated to witness rapid market growth in the coming years owing to escalating aircrafts demand in Russia, China, and India.
It is continuously observing airport infrastructure renovation for supporting rising air passenger traffic due to which huge market opportunities are occurring in the global airport lighting market.
This report analyzes the airport lighting market by the following segments:
- Airport Lighting Market, by Type
- Runway Lighting Systems
- Taxiway Lighting Systems
- Apron Lighting Systems
- Airport Lighting Market, by Position
- In-Pavement/Inset Lights
- Elevated Lights
- Precision Approach Path Indicator
- Airport Lighting Market, by Technology
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