Commercial Airport Lighting Market Market Size, Share, Trends, Growth and Forecast 2032

Commercial Airport Lighting Market Insights

Zion Market Research has published a report on the global Commercial Airport Lighting Market, estimating its value at USD 629.59 Million in 2023, with projections indicating that it will reach USD 1136.23 Million by 2032. The market is expected to expand at a compound annual growth rate (CAGR) of 6.78% over the forecast period 2024-2032.

The report explores the factors fueling market growth, the hitches that could hamper this expansion, and the opportunities that may arise in the Commercial Airport Lighting Market industry. Additionally, it offers a detailed analysis of how these elements will affect market demand dynamics and market performance throughout the forecast period.

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Global Commercial Airport Lighting Market Overview

The basic advantage offered by commercial airport lighting is facilitation of night flying of the aircraft, thereby smoothening the overall take-off. Also, airport with efficient lighting does place it at par with world-class standards. The present scenario is such that several airports are updating the lighting systems according to the new-age standards. Entry of private players herein is making a way for competition. This way is bound to keep the cash registers ringing for the commercial airport lighting market.

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COVID-19 Impact Analysis:

The outbreak of COVID-19 has actually thrown the commercial airport lighting market out of gear. Since Mar-Apr 2020, international flights have been banned. With a bit of leeway at the end of 2020 and start of 2021, the situation is back to the square one. Domestic flights have also been annulled in wake of lockdown all over. The situation is not expected to change anytime before the 3rd wave of COVID-19 settles down.

Growth Factors:

The development of airport infrastructure and the need for innovation are some of the drivers for market development. Besides, high frequency of international flights at international airports supplements the need for airport lighting. The market is dominated by large players with high production capacities and distribution channels. However, several developing countries don’t go for high-class commercial lighting due to budget constraints.

Commercial Airport Lighting Market: Report Scope

Type Segment Analysis Preview:

The type segment for the commercial airport lighting market includes airport beacon, visual glidescope indicator, visual approach scope indicator (VASI), precision approach path indicator (PAPI), runway lighting, runway edge lighting, taxiway lighting, obstruction lighting, and others. Visual glidescope indicator is a widely used equipment and is expected to dominate the growth of the segment.

Division Segment Analysis Preview:

On the basis of the division, the market for commercial airport lighting market is segmented into airside lighting, landside lighting, and terminal lighting. Airside lighting is expected to dominate in the coming years owing to increase in demand and availability of compact products. Landside lighting is anticipated for a steady growth in the coming years attributing to emergence of new airports and developments in the airport infrastructure.

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Regional Segment Analysis Preview:

Asia Pacific held a significant share in the commercial airport lighting market attributing to presence of production companies and availability of a vast array of aviation equipment for commercial purpose. In addition, flexible regulations for aviation industry is likely to supplement the regional market growth. North America and Europe is expected to register attractive growth owing to lucrative opportunities in the semiconductor and lighting industry.

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Key Players and Competitive Landscape:

Some of the key players in the commercial lighting market are-

• Honeywell International Inc.
• Philips
• Safegate
• Avlite Systems
• Siemens AG
• Cooper Industries
• Airfield Lighting
• Manairco Inc.
• GE
• Goodrich Lighting Systems and Astronics.

The Global Commercial Airport Lighting Market can be segmented into,

By Type:

• Airport Beacon
• Visual Glidescope Indicator
• Visual Approach Scope Indicator (VASI)
• Precision Approach Path Indicator (PAPI)
• Runway Lighting
• Runway Edge Lighting
• Taxiway Lighting
• Obstruction Lighting

By Division:

• Airside Lighting
• Landside Lighting
• Terminal Lighting

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa