2019 Commercial Airport Lighting Market Outlook by Market Size, Business Plans | Growth Rate by Top Key Players and Regions Forecast to 2024
This “Commercial Airport Lighting Market” report provides a detailed study on market and how it is impacting the industry. The report includes details of emerging trends, growth history, sales channel, manufacturers profiled in business, market share of product, application and regional scope of industry. In addition, the report also mentions opportunities that manufacturers operating in the global Commercial Airport Lighting market can use for expanding their business in untapped market to increase their customer base.
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Commercial Airport Lighting Market Covers Manufacturers:
Scope of the Report:
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Key Market Trends:
By application, the market is divided into runway lights, taxiway lights, indoor lights, ground guidance lights, and obstruction lights. The runway lights segment currently has the largest market share, as commercial airfields are the major consumers of industrial lighting systems, and make use of luminaries to guide aircraft around the site during takeoff, landing, repair, testing, and while performing basic land-based maneuvers. Runway entrance lights, also known as REL, are located on entrance taxiways and help provide an indication to the aircraft, in terms of takeoff operations.
The Asia-Pacific region currently has the largest market share and is expected to grow rapidly during the forecast period. The construction of new airports and modernization of the existing airports are expected to generate demand for new and innovative lighting systems in this region. China is expected to experience a large surge in the number of passengers during the forecast period. To cope with this surge in passengers, China had plans to build 74 new civil airports by 2020, taking the total to 260, which amounts, on an average, to more than eight new airports per year. Also, The Rajiv Gandhi International Airport at Hyderabad is planning to become a 100% LED-lit airport, and 75% of the work on the project has already been completed. Such initiatives in this region are propelling the growth of the market during the forecast period.
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Target Audience of Commercial Airport Lighting Market:
- Manufacturer / Potential Investors
- Traders, Distributors, Wholesalers, Retailers, Importers and Exporters.
- Association and government bodies.
Key Reasons to Commercial Airport Lighting Market Report:
- Analyzing various perspectives of the Commercial Airport Lighting market with the help of Porter’s five forces analysis
- The End User that is expected to dominate the Commercial Airport Lighting market is analyzed in detail
- The regions which are expected to witness fastest growth during the forecast period are analyzed and estimated for growth of Commercial Airport Lighting market.
- Identify the latest developments, market shares and strategies employed by the major market players.
- Regional analysis of Commercial Airport Lighting market studied, during the forecast period
- The segments that are expected to dominate the Commercial Airport Lighting market studied.
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