Albany, NY -- (SBWIRE) -- 07/15/2015 -- Airport lighting systems are essential for the safety and security of passengers, cargo, and aircraft. Constantly evolving technology has enabled airport authorities meet the safety norms set by the FAA. They help aircraft land and take off, even in poor natural lighting or bad weather. Airports around the world are currently upgrading to energy efficient LED lighting systems to enhance lighting conditions and save on operational costs.

In 2014, the market was led by EMEA with a 73% share, followed by the Americas and APAC with shares of 15% and 12% respectively. Technavio's analysts forecast the global commercial airport lighting market to grow at a CAGR of 7.69% during the period 2014-2019.

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In addition, the report discusses the major drivers that influence the growth of the global commercial airport lighting market. It also outlines the challenges faced by the vendors and the market at large, as well as the key trends that are emerging in the market.

Technavio's report, Global Commercial Airport Lighting Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. It also covers the regional commercial airport lighting market and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

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Market Driver:
Increasing Demand for Safety of Aircraft and Passengers
For a full, detailed list, view our report

Market Challenge:
Visibility Issues Caused by LEDs Installed on Runways
For a full, detailed list, view our report

Market Trend:
Shift Toward LED Lighting in Airfields
For a full, detailed list, view our report

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Key Questions Answered in this Report:-

What will the market size be in 2019 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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