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The commercial airport lighting market size is forecast to increase by USD 140.9 million at a CAGR of 3.68% between 2023 and 2028.
The commercial airport lighting industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in "USD million" for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.
The LED lighting segment is estimated to witness significant growth during the forecast period. The market is experiencing significant growth, with LED lighting being the largest segment in 2023. This trend is expected to continue as the industry transitions from traditional lighting technologies to energy-efficient LED solutions. The adoption of LED lighting is driven by its energy savings and lower maintenance requirements compared to incandescent lights. LED lighting systems provide essential visual aids for pilots, enhancing safety during landing and takeoff. Airports are under pressure to expand their civil aviation capacity, with increasing passenger traffic and the construction of new airports. Existing airports are also undergoing modernization to meet the demands of growing ground traffic.
Innovative lighting systems, such as solar power LEDs and LED-based airfield lighting, are gaining popularity due to their energy efficiency and eco-friendly nature. Wireless power concepts, such as contactless and built-in intelligence, are also being explored to streamline airport operations and reduce maintenance challenges. Despite the decline in revenue due to the COVID-19 pandemic, the market is expected to rebound with a healthy rate of growth In the short term. Airports, both large and small, are prioritizing energy-efficient solutions as part of their aviation strategy to reduce carbon emissions and expand existing infrastructure.
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The LED lighting segment was valued at USD 344.00 million in 2018 and showed a gradual increase during the forecast period.
APAC is estimated to contribute 47% to the growth of the global market during the forecast period. Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.
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The market in Asia Pacific (APAC) is experiencing significant growth due to the increasing passenger traffic and construction of new airports in countries like China, India, Australia, Singapore, Vietnam, Japan, Indonesia, Taiwan, and Nepal. China, with approximately 720 million annual passengers, is the market leader in APAC, with plans to construct new airports and expand existing ones, including 74 in 2020. In India, Kempegowda International Airport became the first to install LED-powered runway lighting using ADB SAFEGATE's SafeLED system. Honeywell also announced the launch of its Airfield Ground Lighting (AGL) manufacturing facility in Gurugram, India, in August 2023. Existing airports are focusing on modernization, emphasizing energy-efficient LED lighting systems, such as LED-based airfield lighting and wireless power concepts, to streamline airport operations and reduce energy consumption and carbon emissions.
Airport operators face maintenance challenges, leading to a focus on preventive maintenance and built-in intelligence for retrieval of data and performance prediction. The growth of civil aviation capacity in APAC, with subsidies and funds for expanding existing large and civil airports, as well as the rapid growth of small airports, is driving the demand for innovative airport lighting systems.
Our researchers analyzed the data with 2023 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
Growth in air traffic is the key driver of the market.
Shift from using conventional incandescent lights to LED and solar-powered LEDs is the upcoming market trend.
Increasing competition is a key challenge affecting the industry growth.
The commercial airport lighting market forecasting report includes the adoption lifecycle of the market, covering from the innovator's stage to the laggard's stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the commercial airport lighting market report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth analysis strategies.
Customer Landscape
Companies are implementing various strategies, such as strategic alliances, commercial airport lighting market forecast, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence In the industry.
Abacus Lighting Ltd. - Commercial airport lighting plays a crucial role in ensuring the safe and efficient operation of civilian airports and military air bases. This essential infrastructure enables runways, taxiways, and other airport facilities to be illuminated during nighttime hours and inclement weather conditions. By providing optimal visibility, commercial airport lighting enhances the safety of aircraft takeoffs and landings, reducing the risk of accidents and improving overall airport productivity. Additionally, energy-efficient lighting solutions are increasingly being adopted to minimize environmental impact and reduce operational costs.
The industry research and growth report includes detailed analyses of the competitive landscape of the market and information about key companies, including:
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key industry players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
The market is a critical component of the aviation industry, playing a vital role in ensuring the safe and efficient operation of airports. Airport lighting systems encompass various applications, including airside and landside lighting, which cater to the needs of aircraft infrastructure and passenger traffic, respectively. Airport operators are increasingly focusing on modernizing their existing infrastructure to meet the demands of increasing passenger traffic. Traditional incandescent lights, which have long been the standard for airport lighting, are being replaced with more energy-efficient and innovative LED lighting systems. This shift is driven by the need to reduce energy consumption and carbon emissions, as well as the emphasis on streamlining airport operations and enhancing passenger service.
The airport lighting market is experiencing accelerating growth, with a healthy rate of expansion expected In the medium to long term. The decline In the use of conventional incandescent lights is a significant factor contributing to this growth. The construction of new airports and the expansion of existing ones, particularly in large and civil airports, is also driving demand for advanced airport lighting systems. The emphasis on energy efficiency and sustainability is a major trend In the airport lighting market. Solar Power LEDs and other energy-efficient lighting solutions are gaining popularity due to their ability to reduce energy consumption and lower carbon emissions.
Wireless and contactless power concepts are also being explored to simplify installation and maintenance challenges. Preventive maintenance is a crucial aspect of airport lighting systems, as airport operators strive to ensure the reliability and performance of their lighting infrastructure. Built-in intelligence and data retrieval capabilities are becoming increasingly important, enabling performance prediction and proactive maintenance. The pressure to meet subsidy standards and improve connectivity is also influencing the airport lighting market. Ground traffic and civil aviation capacity are key considerations, with small airports experiencing rapid growth and busiest airports facing a surge in demand. In conclusion, the airport lighting market is undergoing significant transformation as airport operators seek to modernize their infrastructure and meet the demands of increasing passenger traffic.
Energy efficiency, sustainability, and wireless power concepts are key trends driving growth In the market, with a focus on preventive maintenance and performance prediction to ensure the reliability and effectiveness of airport lighting systems.
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Market Scope |
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Report Coverage |
Details |
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Page number |
167 |
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Base year |
2023 |
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Historic period |
2018-2022 |
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Forecast period |
2024-2028 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 3.68% |
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Market growth 2024-2028 |
USD 140.9 million |
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Market structure |
Fragmented |
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YoY growth 2023-2024(%) |
3.5 |
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Key countries |
China, US, Japan, Germany, and India |
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Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Product Type
7 Market Segmentation by Application
8 Market Segmentation by Position
9 Customer Landscape
10 Geographic Landscape
11 Drivers, Challenges, and Opportunity/Restraints
12 Competitive Landscape
13 Competitive Analysis
14 Appendix
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
Secondary sources
DATA ANALYSIS
Data Synthesis
Data Validation
REPORT WRITING
Qualitative
Quantitative
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