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(Transportation-News.com, January 29, 2019 )
Stratview Research has published a new research report on Airport Lighting System Market. This extensive report by Stratview Research analyses the growth of Airport Lighting System Market over the trend period of 2010 to 2015 and forecast period of 2016 to 2021 under the following segments -
● by Aircraft Type (Commercial Airport and Military Airport)
● by Light Type (Runway Lighting System, Taxiway Lighting System, and Others)
● by Position Type (In-Pavement, Elevated Lights, and Fabrics)
● by Technology Type (LED Lighting and Non-LED Lighting)
● and by Region (North America, Europe, Asia-Pacific, and RoW)
Go through the detailed scope: https://www.stratviewresearch.com/toc/162/airport-lighting-market.html
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Commercial airport to remain a growth engine of the market
The airport lighting system market offers good growth opportunity and is likely to grow at 7.6% CAGR during the forecast period of 2016 to 2021. Increasing government investment on airport infrastructure driven by increasing passenger traffic and rising disposable income, and high focus on energy efficient lighting systems and lower operational and maintenance costs are some of the key growth drivers of the airport lighting market. Commercial airport is expected to remain a growth engine of the airport lighting market during the forecast period.
North America to remain the largest market
North America is expected to remain the largest lighting market for airport applications during the forecast period due to the presence of large number of commercial and military airports and high focus towards energy efficiency and low operational cost. Asia Pacific is expected to grow at the highest rate in the next five years. The developing countries, mainly China and India are likely to drive the demand of airport lighting systems in the Asia-Pacific region in the next five years, driven by on-going and upcoming airport infrastructure projects.
Top market players
The supply chain of this market comprises raw material suppliers, component manufacturers, light manufacturers, original component manufacturers, and airport owners. Key lighting manufacturers for commercial and military airports are Abacus Lighting, ADB Airfield Solutions, ATG Airports, Carmanah Technologies Corp., Honeywell International, Inc., and Vosla GmbH. New product development and mergers and acquisitions are the key strategies adopted by the key players to gain competitive edge in the market.
Stratview Research is a global market intelligence firm offering a wide range of services including syndicated market reports, consulting, sourcing intelligence, and customer research.
Stratview Research
Ritesh Gandecha
+1-313-307-4176
sales@stratviewresearch.com
Source: EmailWire.Com 
Source: EmailWire.com
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