Commercial airport lighting includes all type of lighting
systems used in any type of airport in order to support commercial
aircraft operations. It facilitates night flying of aircraft and
improves airport appearance.
The
lighting systems studied in the research are beneficial to enhance
airport’s look. The improved appearance and support for night flights
helps to reposition the respective airport to world-class standards.
Hence, nowadays many airports are upgrading their lighting systems as
per new-age standards. The study highlights the trends in the market in
order to identify business opportunities.
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The
market is driven by increasing investment in infrastructure and the
entry of private players. The limiting factors to the market are
economic crisis in some economies, and regulatory & administrative
issues subjected to airports. The market is expected to grow due to
rapidly increasing number of international flights.
Commercial Airport Lighting Market by Type
As per lighting type, the market is classified into airport beacon,
visual glidescope indicator, visual approach scope indicator (VASI),
precision approach path indicator (PAPI), runway lighting, runway edge
lighting, taxiway lighting, obstruction lighting and others. Runway
lighting, runway edge lighting and approach lighting are commonly used
types of airport lighting, as their inevitability in commercial aircraft
operations during nights.
Commercial Airport Lighting Market by Divisions
According to application divisions, the market is segmented into
airside lighting, landside lighting and terminal lighting. Airside
lighting is commonly used due it is mandatory component required in
airport lighting. Terminal lighting market is also growing as it is
important for ambience of the airport and enhances the appearance of
airports.
Commercial Airport Lighting Market by Geography
From geographical perspectives, the market is classified into regions
such as North America, Europe, Asia-Pacific and rest of the world.
Middle East region is expected to continue driving the market with
largest revenue share due to adoption of modern and expensive lighting
technologies. Asia-Pacific region is expected to show rapid growth in
future due to increasing commercial aircrafts demand in countries such
as China, Russia and India.
Competitive Landscape
To penetrate into the market, companies are adopting expansion
strategies to target new market segments. For instance, AMA India caters
to range of clients such as runway lighting for Chatrapati Shivaji
International Airport, Mumbai and Helipad at Rashtrapati Bhavan, New
Delhi. Some of the companies serving in the market are Honeywell
International, Inc., Philips, Safegate, Avlite Systems, Siemens Ag,
Cooper Industries, Airfield Lighting, Manairco Inc., GE, and Astronics.
High Level Analysis
The bargaining power of customers is moderate due to presence of
multiple companies in the market, whereas, the bargaining power of
suppliers is expected to remain moderate, due to easier availability of
required lighting equipment. Degree of intersegment rivalry is expected
to increase as many players are expected to step in. Threat of
substitutes is low since no feasible alternative exists to airport
lighting.
KEY BENEFITS
- The study highlights the competitive edge achieved due to wise application of airport lighting. This assists stakeholders to identify potential of the market
- Market dynamics elaborated in the study presents top winning strategies of leaders in the market so that concerned companies can form/upgrade their business plans
- Porter’s five forces analysis, SWOT analysis and value chain analysis conveys the market’s attractiveness, opportunities and role of key intermediaries
- Market forecast for the period 2014-2020 using standard statistical analysis helps marketing heads in companies to identify target market and formulate strategies
KEY DELIVERABLES
The commercial airport lighting market is classified according to types, divisions and geographies.
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MARKET BY TYPE
- Airport Beacon
- Visual Glidescope Indicator
- Visual Approach Scope Indicator (VASI)
- Precision Approach Path Indicator (PAPI)
- Runway Lighting
- Runway Edge Lighting
- Taxiway Lighting
- Obstruction Lighting
- Others
MARKET BY DIVISIONS
- Airside Lighting
- Landside Lighting
- Terminal Lighting
MARKET BY GEOGRAPHY
- North America
- Europe
- Asia-Pacific
- Middle East
- Rest of the World (RoW)
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