Airport Lighting Market Share, Size, and Outlook by 2031
Airport Lighting Market: Strategic Insights
Airport Lighting Market
-
CAGR (2023 - 2031)6.9% -
Market Size 2023
US$ 622.38 Million -
Market Size 2031
US$ 1,063.97 Million
Market Dynamics
GROWTH DRIVERS
- Construction of airport terminals driving the market growth
- Increasing adoption of solar powered LED lighting solutions
FUTURE TRENDS
- Growing trend of integrating advanced technologies in airfield ground lighting solutions
OPPORTUNITIES
- Expected Construction of New Airports in Asia Pacific Region
Key Players
- ADB Safegate
- Airfield Lighting
- Astronics Corporation
- Avlite Systems
- Carmanah Technologies
- Eaton Cooper Industry
- General Electric
- Honeywell International Inc
- OCEM Airfield Technology
Regional Overview
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Market Segmentation
Type
- Airport Beacon
- Obstruction Lights
- Approach Indicator Lights
- Runway Centerline Lights
- Taxiway Lights
Application
- Existing Airport
- New Airport