Airport Lighting Expected to Be the Largest Market by 2021

The airport lighting market is projected to grow from USD 454.5 Million in 2015 to USD 672.2 Million by 2021, at a CAGR of 7.2% during the forecast period. Factors such as the expansion of airport infrastructure and rising focus on controlling maintenance costs are expected to contribute to the growth of this market. In this market research report, 2015 is considered to be the base year, and 2016 to 2021 is considered as the forecast period.

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The major players in this market have been identified to be Hella KGaA Hueck & Co., Honeywell International, Inc., Carmanah Technologies Corp., and ABB. Honeywell International, Inc. is one of the top companies profiled in the global airport lighting market. The company has a strong distribution network, along with a robust product portfolio and wide customer base.

Objectives of the Report

• To define, describe, and forecast the airport lighting market on the basis of type, position, technology, and geography
• To analyze the degree of competition in the market by identifying various parameters, including key market players
• To identify and analyze the key drivers, restraints, opportunities, and challenges, influencing the airport lighting market
• To analyze the demand side and supply side indicators and provide a factor analysis for the airport lighting market
• To forecast the market size of segments with respect to various regions, which include North America, Europe, Asia-Pacific, the Middle East, and rest of the world (RoW)
• To identify and illustrate political, economic, social, and technological factors influencing the airport lighting  market
• To strategically profile key market players and comprehensively analyze their market share and core competencies
• To track and analyze competitive developments such as contracts, joint ventures, mergers & acquisitions, and new product developments in the airport lighting market

Target Audience for this Report

• Airport Lighting Manufacturers
• Original Equipment Manufacturers
• Sub-component Manufacturers
• Technology Support Providers

“Study answers several questions for the stakeholders, primarily which market segments to focus in next two to five years for prioritizing the efforts and investments”.

Scope of the Report:

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 Geography

• North America
• Europe
• Asia-Pacific
• Middle East
• Rest of the World

Available Customizations

• Along with the market data, MarketsandMarkets offers customizations as per specific needs of a company. The following customization options are available for the report:
• Geographic Analysis
• Further breakdown of the RoW airport lighting market
• Company Information
• Detailed analysis and profiling of additional market players (up to five)

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