Market Size of Commercial Airport Lighting Industry
Study Period | 2019 - 2029 |
Market Size (2024) | USD 680.13 Million |
Market Size (2029) | USD 977.47 Million |
CAGR (2024 - 2029) | 6.91 % |
Fastest Growing Market | Asia Pacific |
Largest Market | Americas |
Major Players*Disclaimer: Major Players sorted in no particular order |
Commercial Airport Lighting Market Analysis
The Commercial Airport Lighting Market size is estimated at USD 680.13 million in 2024, and is expected to reach USD 977.47 million by 2029, growing at a CAGR of 6.91% during the forecast period (2024-2029).
Increasing air traffic, airport infrastructure expansion and modernization, and compliance with emerging aviation safety and sustainability standards are positively influencing the commercial airport lighting market. However, the market is susceptible to budget constraints, high installation and maintenance costs, a complex regulatory environment, and technological challenges.
- Modernizing airport infrastructure means providing passengers with a seamless travel experience, from check-in to boarding and beyond. It can also improve operational efficiency, reducing flight delays and cancellations due to maintenance issues or outdated technology. For instance, replacing aging runway lighting systems with new LED technology can enhance visibility, improve safety, and reduce energy consumption.
- According to the International Air Transport Association (IATA), the number of passengers traveling by air is expected to double to 8.2 billion by 2037, with Asia-Pacific leading the growth. The rapid increase in air passenger traffic has necessitated the construction of new aviation infrastructure at strategic locations to support new routes while also boosting the expansion of the current infrastructure to handle more passengers daily/annually. On the other hand, limited funding and budgetary constraints may hinder investments in airport lighting projects, especially for smaller airports or developing regions, leading to delays or scaled-down projects.
Commercial Airport Lighting Industry Segmentation
Commercial airport lighting includes all types of lighting systems used to indicate directions to aircraft during landing, takeoff, and parking and support other aircraft operations. The report also includes the lights installed in runways, taxiways, and airports indoors and lights at the airside, which consist of VASI (visual approach slope indicator) and PAPI (precision approach path indicator), wind cone lights, runway edge and runway end lights, and ALS, among others.
The market is segmented by type, technology, position, and geography. By type, the market is segmented into runway lighting systems, taxiway lighting systems, and apron lighting systems. By technology, the market is classified into LED and non-LED. By position, the market is segmented into inset airfield lights, elevated airfield lights, and precision approach path indicators (PAPI). By geography, North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa are also covered. The report also offers the market size and forecasts for each segment based on value (USD).
By Type | |
Runway Lighting Systems | |
Taxiway Lighting Systems | |
Apron Lighting Systems |
By Technology | |
LED | |
Non-LED |
By Position | |
Inset Airfield Lights | |
Elevated Airfield Lights | |
Precision Approach Path Indicator (PAPI) |
By Geography | |||||||
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Commercial Airport Lighting Market Size Summary
The commercial airport lighting market is poised for significant growth, driven by increasing air traffic and the need for airport infrastructure expansion and modernization. The shift towards compliance with new aviation safety and sustainability standards is further propelling the demand for advanced lighting systems. Modernizing airport infrastructure not only enhances passenger experience but also improves operational efficiency, reducing delays and enhancing safety. The transition to LED technology for runway lighting is a prime example of how upgrades can lead to better visibility, safety, and energy efficiency. However, the market faces challenges such as budget constraints, high installation and maintenance costs, and a complex regulatory environment, which can impede progress, particularly in smaller airports or developing regions.
The Asia-Pacific region is expected to witness robust growth in the commercial airport lighting market, fueled by a surge in passenger traffic and substantial investments in new and existing airport infrastructure. Countries like China, India, and Indonesia are at the forefront of this expansion, with initiatives such as India's "Vision 2040" plan, which anticipates a significant increase in the number of operational airports and aircraft fleet size. The market is characterized by fragmentation, with key players like ADB SAFEGATE and Eaton Corporation leading the charge in adopting efficient LED-based lighting and exploring innovative technologies to streamline installation and maintenance. These advancements, along with investments in intelligent lighting systems, are expected to provide a competitive edge and drive market growth during the forecast period.
Commercial Airport Lighting Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Overview
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1.2 Market Drivers
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1.3 Market Restraints
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1.4 Indusry Attractiveness - Porters Five Forces Analysis
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1.4.1 Threat of New Entrants
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1.4.2 Bargaining Power of Buyers/Consumers
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1.4.3 Bargaining Power of Suppliers
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1.4.4 Threat of Substitute Products
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1.4.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION
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2.1 By Type
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2.1.1 Runway Lighting Systems
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2.1.2 Taxiway Lighting Systems
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2.1.3 Apron Lighting Systems
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2.2 By Technology
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2.2.1 LED
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2.2.2 Non-LED
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2.3 By Position
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2.3.1 Inset Airfield Lights
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2.3.2 Elevated Airfield Lights
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2.3.3 Precision Approach Path Indicator (PAPI)
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2.4 By Geography
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2.4.1 North America
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2.4.1.1 United States
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2.4.1.2 Canada
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2.4.2 Europe
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2.4.2.1 United Kingdom
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2.4.2.2 France
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2.4.2.3 Germany
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2.4.2.4 Spain
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2.4.2.5 Rest of Europe
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2.4.3 Asia-Pacific
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2.4.3.1 China
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2.4.3.2 India
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2.4.3.3 Japan
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2.4.3.4 South Korea
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2.4.3.5 Rest of Asia-Pacific
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2.4.4 Latin America
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2.4.4.1 Brazil
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2.4.4.2 Mexico
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2.4.4.3 Rest of Latin America
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2.4.5 Middle East and Africa
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2.4.5.1 Saudi Arabia
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2.4.5.2 United Arab Emirates
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2.4.5.3 Rest of Middle East and Africa
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Commercial Airport Lighting Market Size FAQs
How big is the Commercial Airport Lighting Market?
The Commercial Airport Lighting Market size is expected to reach USD 680.13 million in 2024 and grow at a CAGR of 6.91% to reach USD 977.47 million by 2029.
What is the current Commercial Airport Lighting Market size?
In 2024, the Commercial Airport Lighting Market size is expected to reach USD 680.13 million.