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Airport Runway Lighting Market Trends

  • Report ID: GMI7201
  • Published Date: Oct 2023
  • Report Format: PDF

Airport Runway Lighting Market Trends

Augmented Reality (AR) applications are being increasingly developed for maintenance purposes. These applications facilitate maintenance activities by providing technicians with real-time visualizations and diagnostics. Technicians can identify issues promptly and efficiently, minimizing downtime. Remote monitoring solutions allow airports to monitor lighting systems in real time, enabling immediate response to faults or failures. These technologies enhance responsiveness, reduce maintenance costs, and ensure consistent lighting performance.
 

The use of sustainable and eco-friendly materials in the manufacturing of lighting fixtures is a rising trend. Sustainable materials have gained prominence in runway lighting fixtures. Manufacturers are exploring eco-friendly materials that minimize the environmental impact. From recyclable components to energy-efficient production processes, the industry emphasizes sustainable practices. Airports and manufacturers are collaborating to identify and implement environmentally conscious materials, thus complementing global sustainability initiatives.

Authors: Suraj Gujar, Sandeep Ugale

Frequently Asked Questions (FAQ) :

The market size for airport runway lighting was valued at over USD 450 million in 2022 and is anticipated to grow at a CAGR of around 8% between 2023 and 2032, owing to ongoing modernization and expansion to accommodate larger aircraft and enhance safety.

The LED segment is anticipated to register a CAGR of over 8% through 2032 as LEDs are highly energy-efficient, consuming up to 50% - 80% less power, as well as have an exceptionally long operational life.

Asia Pacific market for airport runway lighting is expected to grow at a CAGR of over 10% through 2032, backed by a significant increase in domestic and international air travel, driven by rising incomes, tourism, and business activities.

ADB Safegate, Honeywell International Inc., Hella KGaA Hueck & Co., OSRAM Licht AG, ABB Ltd., and Eaton Corporation PLC.

Airport Runway Lighting Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 13
  • Tables & Figures: 241
  • Countries covered: 22
  • Pages: 230
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