Global Airport Lighting Market Growth, Share, Size, Trends and Forecast (2024 - 2030)

By Type of Lighting;

Airport beacon, Visual glide scope indicator, Visual approach scope indicator (VASI), Precision approach path indicator (PAPI), Runway lighting Runway edge lighting, Taxiway lighting, and Obstruction lighting.

By Application;

Terminal lighting, Landside lighting, and Airside lighting.

By Technology Type;

LED and Non-LED.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2020 - 2030).
Report ID: Rn558226646 Published Date: March, 2024 Updated Date: April, 2024

Introduction

Global Airport Lighting Market (USD Million), 2020 - 2030

In the year 2023, the Global Airport Lighting Market was valued at USD 759.30 million. The size of this market is expected to increase to USD 1,276.21 million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of 7.7%.

The global Airport Lighting market is anticipated to experience substantial growth driven by the expansion of airport infrastructure and a growing focus on controlling maintenance costs worldwide. Factors such as increased government investments in airport infrastructure, driven by rising passenger traffic and disposable income, contribute to the market's growth. Additionally, lower operational and maintenance costs, along with a heightened emphasis on energy-efficient lighting systems, are expected to further boost the airport lighting market over the forecast period.

Rising research and development activities and the emergence of electric and solar-powered LED technology present lucrative opportunities for market growth. Airport authorities are increasingly adopting cost-efficient lighting solutions to curb operational costs associated with maintaining incandescent lights. Solar-powered LED lights, in particular, have gained traction as a cheaper alternative that converts captured solar energy into electrical energy, supporting seamless airport operations during nighttime while requiring less maintenance, thereby reducing operational costs.

North America is projected to dominate the airport lighting market during the forecast period due to its focus on energy efficiency, low operational costs, and a large number of commercial and military airports in the region. Meanwhile, the Asia Pacific region is expected to witness significant growth, driven by the construction of new airports and the modernization of existing ones, coupled with increasing passenger traffic in countries like India, Australia, and Indonesia. Additionally, the shift towards energy-conserving lighting systems in the region is anticipated to further fuel market growth, as demonstrated by initiatives like the conversion to energy-efficient LED lighting at airports such as Rajiv Gandhi International Airport in Hyderabad.

Recent technological advancements, mergers and acquisitions, and partnerships within the airport lighting industry are poised to create additional growth opportunities over the analysis period. For example, the installation of a Precision Approach Lighting System (PALS) at Thiruvananthapuram International Airport by the Airports Authority of India (AAI) aims to enhance safety during aircraft landings. Similarly, the replacement of conventional lights with eco-friendly LED lighting at Mariehamn Airport underscores the industry's commitment to sustainability and energy efficiency, aligning with global efforts to reduce carbon emissions.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type of Lighting
    2. Market Snapshot, By Application
    3. Market Snapshot, By Technology Type
    4. Market Snapshot, By Region
  4. Global Airport Lighting Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers:
        1. Factors Propelling Market Expansion

        2. Examination of Market Dynamics Across Different Regions

        3. Understanding the Global Airport Lighting Market

      2. Restraints:
        1. Addressing Environmental Regulations and Sustainability

        2. Issues in Implementing and Maintaining Lighting Systems

        3. Limitations in Funding Airport Lighting Projects

      3. Opportunities:
        1. Potential for Improving Airport Lighting Aesthetics

        2. Potential Growth Opportunities in Developing Regions

        3. Growth Potential in LED and Smart Lighting Solutions

    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Airport Lighting Market, By Type of Lighting, 2022 - 2032 (USD Million)
      1. Runway Lighting Systems
      2. Airport beacon
      3. Visual glide scope indicator
      4. Visual approach scope indicator (VASI)
      5. Precision approach path indicator (PAPI)
      6. Runway lighting Runway edge lighting
      7. Taxiway lighting
      8. Obstruction lighting
    2. Global Airport Lighting Market, By Application, 2022 - 2032 (USD Million
      1. Terminal lighting
      2. Landside lighting
      3. Airside lighting
    3. Global Airport Lighting Market, By Technology Type, 2022 - 2032 (USD Million)
      1. LED
      2. Non-LED
    4. Global Airport Lighting Market, By Geography, 2022 - 2032 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Honeywell International, Inc.
      2. Signify Holding
      3. ADB SAFEGATE
      4. Avlite Systems
      5. Siemens
      6. Eaton Corporation
      7. Hughey & Phillips
      8. Astronics
      9. TKH Airport Solutions
      10. HELLA KGaA Hueck & Co
      11. Flash Technology, LLC
      12. Vosla GmbH
  7. Analyst Views
  8. Future Outlook of the Market

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