Airport Smart Lighting Market Scope
Airport Smart Lighting provides lighting solutions to the airports through the day. Airport is the passageways to a city or country they are built in, which is often open 24 hours. In recent past, airport has been evolving and becoming more responsive owing to changing needs of airline passengers, increasing airline competitions and surging air traffic. Smart lighting systems offer surveillance at various airports in a country. Growing investment in lighting technological advancement with need to increase operational efficiency, sustainability and safety, there lies a huge opportunity for smart lighting solution providers to explore new possibility and there by strengthen their market presence.
According to AMA, the Global Airport Smart Lighting market is expected to see growth rate of 6.3%
Research Analyst at AMA estimates that Global Manufacturers will contribute to the maximum growth of Global Airport Smart Lighting market throughout the predicted period.
Koninklijke Philips (Netherland), Osram (Germany), Schreder Group (Belgium), Hella (Germany), Vosla GmbH (Germany), Honeywell International (United States), Airport Lighting Specialists (Australia), C2 SmartLight (Finland), Eaton (Republic of Ireland) and Carmanah Technologies (Canada) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research are Abacus Lighting (United Kingdom), OCEM Airfield Technology (Italy), Avlite Systems (Australia), Carmanah Technologies Corp (Canada) and Goodrich Lighting Systems (United States).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
Segmentation Overview
The study have segmented the market of Global Airport Smart Lighting market by Type (Runway Lightings, Taxiway Lightings, Visual Glide Scope Indicator and Other), by Application (Airside, Airport Terminal, Airport Landside and Other) and Region with country level break-up.
On the basis of geography, the market of Airport Smart Lighting has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Trend
- Rising adoption of LED-based lighting systems to improve overall cost-efficiency
- Inclination towards energy conservation coupled with high airfield energy consumption
Market Drivers
- Surging demand for advanced airfield ground lighting to enhance air traffic control system
- Increasing focus on infrastructure development along with expansion in the global aviation industry
Opportunities
- Growing investment in technology advancement and the increasing adoption of agile airport infrastructure
- Surging adoption of efficient fixtures, automated controls and digital systems
- Increasing government investment in smart airport infrastructure in emerging economies
Restraints
- High Initial cost, and Time-consuming integration process
Challenges
- Expensive replacement & maintenance costs with complicated electronic systems
Key Target Audience
Sensor manufacturers and distributors, Raw material and manufacturing equipment suppliers, Original equipment manufacturers (OEMs), Technology solution providers, Government bodies, venture capitalists, and private equity firms, System integrators, Technology investors, Lighting control system manufacturers and Others