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Airport smart lighting market research report of Technavio predicts that the global airport smart lighting market will grow steadily during the next four years and post a CAGR of close to 7% by 2021. This market research analysis identifies the need for improved operational efficiency as one of the primary growth factors for this market. The increasing inflow of passengers has increased the demand for electricity and 24-hour lighting systems. The airport authorities are organizing airport facilities in a manner that will efficiently manage the amount of energy consumed and the money spent for illumination due to the exponential increase in the number of passengers using airplanes.
One of the latest airport smart lighting market trends that will gain traction in the airport smart lighting market in the coming years is the improved security and optimization of airport functions. Apart from low energy consumption, the lighting devices can be equipped with motion sensors, which can act as security devices. These smart lights can be connected to a network of cameras, bringing a unified network of security features. Additionally, many companies have been working closely with lighting manufacturers, to implement the technology in its LED fixtures that generate solutions in video-based security and public safety, parking management, predictive maintenance, and several other domains.
Due to the presence of well-established several multinational and regional suppliers, this market appears to be competitive. There is a significant effect on the growth of the market due to the rising global air passengers across countries. The vendors in this market compete based on innovative designs, quality, and reliability. Additionally, this market is continuously evolving with newer technologies and with the increasing need for cost effective solutions, the scope for the vendors is high.
The leading vendors in the market are -
The other prominent vendors in the market include Airport Lighting Specialists, C2 SmartLight, Eaton, OSRAM, and Sensity Systems.
During 2016, the airside smart lightings segment accounted for the major shares and dominated this market. Airside smart lightings primarily include runway lightings, taxiway lightings, and visual glide scope indicator also assisting aircrafts in safe landing and take-off operations. Airport runways that are licensed for night operations must have lighting which illuminates the extent of runway with the demand from The International Civil Aviation Organization. Additionally, these systems enable electricity savings and reduce light pollution by allowing pilots to control lighting when required. These are a few factors that contributes to the growth of this industry segment in the coming years.
This market study estimates that in terms of geographic regions, the Americas will be the major revenue contributor to the market by 2021. The airport runways are often congested, which increases the rate of runway incursions as the US is one of the busiest commercial aviation regions and has the highest number of airports. Due to such a large amount of rising number of air passengers, airports are focusing on the incorporation of smart lighting systems that can track the movement of people moving in and out of the terminal building in a concealed manner. Additionally, the lighting system also tries to distinguish authentic customers from prohibited ones by observing their movement.
Technavio also offers customization on reports based on specific client requirement.
Smart lighting is designed for energy efficiency, this may include high-efficiency fixtures and automated controls that adjust based on occupancy or daylight availability. Technavio's industry research report on the aerospace and defense industry include a wide range of products and services markets such as defense, aerospace manufacturing, and general aviation. Apart from helping clients gain a competitive edge in the market, Technavio also offers exclusive information on various other factors such as changing consumer preferences and the growth of vendors in the aerospace and defense industry.
Technavio's market research experts conform to a mix of primary and secondary research techniques and inspect several factors, including technological developments and demand-supply shifts for a variety of products and services globally. Our upcoming industry research report on the global airport smart lighting market for the forecast period 2017-2020 will help business clients to identify the potential market opportunities. This upcoming report offers feasible strategies perceived from the data collected from reliable sources of market intelligence such as manufacturers, channel partners, regulatory bodies, and decision makers.
This upcoming report on the global airport smart lighting market also takes into regard the growth of interconnected markets such as aerobridge and hybrid aircraft, which are expected to grow at a CAGR of close to 6% and around 10%, respectively by the year 2021. LED light fixtures are attached to the ceiling in airports that capture the movements of passengers and staff. They illuminate and use much less energy than other lights. The system includes cameras and sensors that feed data into it. Based on the specifications of varied clients, Technavio produces customized research reports, which can help the local vendors and players to consolidate their presence in the aerospace and defense industry.
This upcoming report on the global airport smart lighting market also highlights the market drivers, emerging trends, and the complications experienced by the suppliers in the aerospace and defense industry and also offers insights on homeland security and aerospace components sectors.
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by product type
PART 07: Geographical segmentation
PART 08: Decision framework
PART 09: Drivers and challenges
PART 10: Market trends
PART 11: Vendor landscape
PART 12: Appendix
Tags: led light bulbs, smart bulb, aviation technology, aviation services, airport smart lighting market outlook, aerospace and defense market analysis,
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