global commercial airport lighting market 2015-2019
TRANSCRIPT
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Global Commercial Airport Lighting Market 2015-2019
The report discusses the following in-depth:
• Market Size and Forecast
• Market Segmentation
• Buying Criteria
• Vendor Landscape
• Business Segmentation
• Geographical Segmentation
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Key Trends
Technavio’s Senior Analyst says, “The adoption of new technology has been a priority for commercial airport lighting manufacturers to meet new safety standards with high levels of efficiency. With the growing amount of air traffic, airports have adopted new lighting systems and have expanded their terminal area lighting to give passengers safe and pleasant surroundings at the airport.”
• Airport lighting systems are essential elements of an airport for the safety and security of passengers, staff, cargo, and aircraft. They help aircraft with landing and taking off smoothly and securely, even at night or in bad weather conditions. The technology has constantly evolved, allowing airport authorities to meet the safety norms set by the FAA and other regulatory bodies.
• The global commercial airport lighting market is expected to grow at a CAGR of 7.69% during the period 2014-2019.
• Understanding the key drivers influencing the market
• Understanding the challenges faced by the market
• Activities of various stakeholders involved
• Key focus areas for the vendors
• Major trends that will shape the future of this market
• Vendor landscape and trajectory of the market
• Conclusion
Scope of The Report
A detailed analysis of each market driver, challenge
and trend isavailable in our report:
Global Commercial Airport Lighting Market 2015-2019
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Vendors
To understand the vendor landscape and
for a full list of vendors view our report:
Global Commercial Airport Lighting Market 2015-2019
Abacus Lighting
atg airports
Honeywell International
Abacus Lighting was founded in 1958 and is headquartered in Sutton-in-Ashfield, Nottinghamshire, UK. The company designs, manufactures, and markets lighting columns worldwide.
atg airports was founded in 1992 and is headquartered in Warrington, the UK. The company manufactures and sells airfield lighting products for civil and military airports in the UK and other countries.
Honeywell International was incorporated in 1985 and is headquartered in Morris Township, New Jersey, US. The company, along with its subsidiaries, provides products and services to industries, including aerospace and defense, automotive and transportation, oil and gas, and petrochemicals and biofuels.
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Market Landscape
• Increasing global air traffic has led to demand for new airports throughout all regions.
• It has also impacted existing airport expansion and upgrades with new technologies to address safety and security concerns.
• Hence, investment in new and existing airports has been significant.
• As of 2015, there has been investment of $543 billion in modernization and upgrading of 2,321 airports globally, which will contribute to the growth of the global commercial airport lighting market.
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Key Buying Criteria
Parameter Details
Cost
The design and manufacture of airport lighting systems should be cost effective for the respective airports.
Maintenance The lighting systems should be easy to install and use, with a long lifecycle.
Technology Using the latest technology in airport lighting ensures good visibility for pilots and passengers at the airport.
• Growth Forecasts?
• Market Analysis?
• Revenue Forecasts?
• Regional and Country level Analysis?
• Competitive Structure?
• Emerging Trends?
• Vendor Landscape?
• Other?
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Global Commercial Airport Lighting Market
2015-2019
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