Albany, NY -- (SBWire) -- 03/20/2015 --Commercial airport lighting systems are those used in airports to support commercial aircraft operations. The prominent factors driving the global commercial airport lighting market are surging demand for cost-effective lighting and rise in the number of airports and aircrafts. Lighting is an essential aspect of safety in airports and is primarily needed for flight operations in the night and to create a suitable ambience for passengers at terminals.
Commercial airport lights play a crucial role in facilitating night landings. The types of lights used in aircrafts depend immensely on the aircraft type. The proliferation of several airport projects can be owed to greater number of aircrafts all over the world and growth of the travel and tourism sectors in different countries. The surge in airport projects also significantly drives the global commercial airport lighting market. In addition to adopting the best lighting options, most of airport owners exhibit greater preference for cost-efficient lighting options. Airports that take to energy-efficient lighting obtain the LEED Gold Certification.
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Surging Demand For Airside Lighting
The global commercial airport lighting market is segmented on the basis of the type of lighting and geography. Based on lighting types, this industry is categorized into terminal lighting, airside lighting, and landside lighting. Being a mandatory component in airport lighting, the segment for airside lighting has been witnessing robust growth due to high demand. Terminal lighting looks into the aesthetic aspects of airports and ensures the desired ambience is achieved, thereby fueling the demand for the same.
Different types of lighting used in airports are obstruction lighting, runway lighting, taxiway lighting, airport beacon, runway edge lighting, precision approach path indicator, visual glidescope indicator, and visual approach scope indicators among others. Runway edge and approach and runway lighting are the most extensively used forms of airport lighting because of their crucial role in the area of night-flying operations.
Middle East to dominate the global commercial airport lighting market
Geographically, the global commercial airport lighting market is classified into Europe, North America, Asia Pacific, and Rest of the World. As per industry estimates and ongoing trends, the Middle East commercial airport lighting market will dominate the overall market in terms of revenue. The main factor fuelling the Middle East commercial airport lighting market is the widespread adoption of expensive and latest lighting technologies.
Owing to increasing demand for commercial aircrafts from countries such as Russia, Africa, China, and India, it is anticipated that the Asia Pacific commercial airport lighting market will witness significant growth during the forecast period 2013-2019. In fact, the Asia Pacific commercial airport lighting market is expected to expand at a rate that will exceed the growth of markets in the U.K. and the U.S.
Where Does The Commercial Airport Lighting Market Stand Today?
The global commercial airport lighting market is, at present, characterized by high inflow of investments from new and existing market players. Most of the airports these days are engaged in upgrading lighting systems in order to match modern-day standards.
Some of the inhibitors of the commercial airport lighting market are economic slowdown in certain countries, administrative and regulatory standards with regard to airports, insufficient funds, inefficient management, and other discrepancies. A glaring challenge facing the global commercial airport lighting market is the minimization of energy costs and efficient management of airport lights.
Key companies in the global commercial airport lighting market are Manairco Inc, Honeywell International Inc (U.S.), Safegate, Philips, Airfield Lighting, Avlite Systems, Cooper Industries, Siemens Ag, and Goodrich Lighting Systems.
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Global Commercial Airport Lighting Market to Experience High Demand for Cost-Effective Lighting
Transparency Market Research Report Added "Commercial Airport Lighting Market" to its database.