
Airport Runway Lighting Market Size
Airport Runway Lighting Market was over USD 450 million in 2022 and is expected to expand at a CAGR of approximately 8% from 2023 to 2032.
Most airports, particularly in developing economies, are being modernized and expanded to support bigger aircraft and improve safety. For example, in 2022, American Airlines finished the modernization & expansion of JFK International Airport with an expenditure of USD 400 million. Such projects include extending runways, improving taxiways, and upgrading terminal facilities. Improving runway lighting systems is part of these developments, making sure that the airport infrastructure meets contemporary aviation standards.
Airport runway lighting denotes specially designed lighting systems that are fixed along airport runways. They assist pilots during takeoff, landing, and taxiing, particularly in conditions of poor visibility. They are based on international standards and comprise different forms of lights like runway edge lights, threshold lights, and centerline lights, facilitating safe movements of aircraft and operational efficiency at airports.
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Airport Runway Lighting Market Report Attributes
Report Attribute Details
Base Year 2022
Airport Runway Lighting Market Size in 2022
USD 450 Million
Forecast Period
2023 to 2032
Forecast Period 2023 to 2032 CAGR
8%
2032 Value Projection
USD 1 Billion
Historical Data for
2018 – 2022
No. of Pages
230
Tables, Charts & Figures
241
Segments covered
Technology, Installation Type, End Use, and Region
Growth Drivers
Growing focus on energy efficiency
Growing airport modernization and expansion projects
Private and business aviation growth
Safety and security focus
Pitfalls & Challenges
High initial cost
Technological complexity
COVID-19 Impact
The airport lighting business took a hit because of the COVID-19 pandemic. The pandemonium it caused in global shipping and manufacturing made it difficult to obtain necessary parts and supplies for runway lights. This meant that there would be delays when receiving lighting systems and equipment as well as the supplies, resulting in slowed constructions and project endings. Airports were also in financial trouble since they were receiving less money from passenger fees, parking, and other sources. Most of the airports suspended their expansion and modernization plans since they did not have enough funds and due to fewer individuals flying. The postponement hurt the demand for new runway lighting systems, particularly at large airports that were undertaking significant upgrades.
Airport Runway Lighting Market Trends
Augmented Reality (AR) apps are increasingly being created for use in maintenance. The apps enable maintenance operations through the use of real-time visualization and diagnosis. Technicians are able to detect problems early and effectively, reducing downtime. Remote monitoring technologies enable airports to watch lighting systems in real time, making it easier to react immediately to faults or failures. The technologies promote responsiveness, lower the cost of maintenance, and provide uniform light performance.
Application of sustainable and eco-friendly materials for the production of lighting fixtures is a growing trend. Sustainable materials have become the center of focus in runway lighting fixtures. Producers are discovering eco-friendly materials that reduce environmental footprints. From recyclable parts to environmentally friendly production methods, the sector focuses on sustainable practices. Airports and producers are working together to find and apply environmentally friendly materials, hence supporting global sustainability efforts.
Airport Runway Lighting Market Analysis
Find out more about the major segments driving this market
On the basis of installation type, the market has been segmented into retrofit and new installation. The new installation segment ruled the market with a share of more than 55% in 2022.
Increasing air traffic necessitates the development of current airports as well as the establishment of new airports. As new runways are constructed or old runways are extended, installing overall lighting systems is necessary to provide secure movement of aircraft during takeoff, landing, and taxiing.
Continued innovations in lighting technology, including LED equipment, smart lighting controls, and energy-efficient lamps, fuel new installations. Airports tend to invest in cutting-edge technologies in order to increase safety, decrease operational expenses, and lower their environmental footprint.
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Airport Runway Lighting Market Share
Players operating in the globalmarket focus on implementing different growth strategies to strengthen their offerings and expand their market reach. These strategies involve new product developments & launches, partnerships & collaborations, mergers & acquisitions, and customer retention. Market players also heavily invest in R&D to introduce innovative and technologically advanced solutions in the airport runway lighting industry. Major players operating in the airport runway lighting industry are
- ADB Safegate
- Honeywell International Inc.
- Hella KGaA Hueck & Co.
- OSRAM Licht AG
- ABB Ltd.
- Eaton Corporation PLC