The airport smart lighting market size has grown strongly in recent years. It will grow from $1.02 billion in 2023 to $1.12 billion in 2024 at a compound annual growth rate (CAGR) of 9.6%. The growth observed in the historic period within the airport smart lighting sector can be attributed to several factors: stringent energy efficiency regulations, a focus on enhancing passenger experiences, significant cost savings, improved safety and security measures, the availability of data-driven insights, and stringent compliance requirements. These elements have collectively driven advancements and adoption of smart lighting systems in airports.
The airport smart lighting market size is expected to see strong growth in the next few years. It will grow to $1.62 billion in 2028 at a compound annual growth rate (CAGR) of 9.8%. The projected growth in the forecast period for airport smart lighting is expected to be driven by increasing demand for energy efficiency, a strong emphasis on enhancing passenger experiences, stringent safety and security requirements, the pursuit of cost savings and operational efficiencies, adherence to regulatory standards, the use of data for decision-making, and the development of smart airport initiatives. Key trends anticipated to shape this sector include the widespread adoption of LED technology, the integration of IoT and sensors into lighting systems, a focus on sustainability, improvements in passenger experience through tailored lighting solutions, integration with the broader smart airport ecosystem, remote monitoring and management capabilities, and the leveraging of data-driven insights and analytics for optimal lighting control.
The anticipated increase in air travel demand is set to drive growth in the airport smart lighting market. Air travel, which involves transporting passengers and goods by aircraft across various locations, is becoming more affordable and accessible due to technological advancements, competitive airline pricing, and the proliferation of low-cost carriers. Airport smart lighting systems improve visibility, safety, and energy efficiency by dynamically adjusting to passenger movement, weather conditions, and time of day, thereby enhancing the overall airport experience and operational effectiveness. For example, in November 2023, Eurostat, the statistical office of the European Union based in Luxembourg, reported that air travel within the EU surged significantly, with passenger numbers in 2022 reaching 820 million, a 119.3% increase compared to the previous year. This increase in air travel is propelling the growth of the airport smart lighting market.
Leading players in the airport smart lighting market are focusing on developing advanced solutions such as sensor-based lighting to maintain competitive advantage. Sensor-based lighting systems use sensors to detect environmental changes or occupancy, adjusting the lighting accordingly to enhance passenger experiences within airport environments. In May 2022, ADB Safegate BVBA, a Belgium-based airport lighting company, introduced its AXON EQ LED lights. These lights feature integrated sensors that collect crucial data, helping airport operators identify maintenance requirements and optimize their operations. The AXON EQ LED, a part of ADB SAFEGATE's Airfield 4 initiative, aims to improve airport operations with superior routing and guidance technologies, increasing safety and reducing energy consumption.
In October 2021, ADB Safegate BVBA acquired Protec Automation GmbH, a Germany-based specialist in control technology for airport lighting systems, for an undisclosed sum. This acquisition is expected to bolster ADB Safegate’s capabilities in airfield lighting control systems, power technologies, and services, offering comprehensive solutions to clients across Europe and beyond.
Major companies operating in the airport smart lighting market are Siemens AG, Honeywell International Inc., Safran S.A., Koninklijke Philips N.V., Signify Holding, Acuity Brands Inc., TKH Airport Solutions, Midstream Ltd, Astronics Corporation, Schreder Group, OCEM Airfield Technology, ADB Safegate, Carmanah Technologies Corp, GMR ENLIGHTS s.r.l, Sealite Pty Ltd, Eaton Corporation, atg airports limited, Delta Obstruction Lighting, Avlite Systems, Cree Inc., Airsafe Airport Equipment Co. Ltd.
North America was the largest region in the airport smart lighting market in 2023. Asia Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the airport smart lighting market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the airport smart lighting market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Airport smart lighting denotes a sophisticated lighting solution deployed within airport infrastructures, employing cutting-edge technologies such as sensors, wireless connectivity, and automation to enhance lighting efficiency, performance, and eco-friendliness. These systems are designed to intelligently modify lighting levels, colors, and directions based on real-time conditions to optimize visibility, decrease energy use, and lower operational expenses.
The primary categories of airport smart lighting include runway lighting, taxiway lighting, visual glide scope indicators, among others. Specifically, runway lighting illuminates runways for safe takeoffs and landings. The comprehensive offerings of airport smart lighting systems encompass hardware, services, and software. These systems utilize diverse light sources such as fluorescent, halogen, incandescent, and LED lighting. They are applied in various airport areas including airside, terminal, and landside locations, catering to the specific lighting needs of each area.
The airport smart lighting market research report is one of a series of new reports that provides airport smart lighting market statistics, including airport smart lighting industry global market size, regional shares, competitors with a airport smart lighting market share, detailed airport smart lighting market segments, market trends and opportunities, and any further data you may need to thrive in the airport smart lighting industry. This airport smart lighting market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The airport smart lighting market consists of revenues earned by entities by providing services such as wayfinding and navigation, queue management, personalized services, maintenance monitoring, and advertising and promotion. The market value includes the value of related goods sold by the service provider or included within the service offering. The airport smart lighting market also includes sales of motion sensors, approach lights, and obstruction lights. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The airport smart lighting market size is expected to see strong growth in the next few years. It will grow to $1.62 billion in 2028 at a compound annual growth rate (CAGR) of 9.8%. The projected growth in the forecast period for airport smart lighting is expected to be driven by increasing demand for energy efficiency, a strong emphasis on enhancing passenger experiences, stringent safety and security requirements, the pursuit of cost savings and operational efficiencies, adherence to regulatory standards, the use of data for decision-making, and the development of smart airport initiatives. Key trends anticipated to shape this sector include the widespread adoption of LED technology, the integration of IoT and sensors into lighting systems, a focus on sustainability, improvements in passenger experience through tailored lighting solutions, integration with the broader smart airport ecosystem, remote monitoring and management capabilities, and the leveraging of data-driven insights and analytics for optimal lighting control.
The anticipated increase in air travel demand is set to drive growth in the airport smart lighting market. Air travel, which involves transporting passengers and goods by aircraft across various locations, is becoming more affordable and accessible due to technological advancements, competitive airline pricing, and the proliferation of low-cost carriers. Airport smart lighting systems improve visibility, safety, and energy efficiency by dynamically adjusting to passenger movement, weather conditions, and time of day, thereby enhancing the overall airport experience and operational effectiveness. For example, in November 2023, Eurostat, the statistical office of the European Union based in Luxembourg, reported that air travel within the EU surged significantly, with passenger numbers in 2022 reaching 820 million, a 119.3% increase compared to the previous year. This increase in air travel is propelling the growth of the airport smart lighting market.
Leading players in the airport smart lighting market are focusing on developing advanced solutions such as sensor-based lighting to maintain competitive advantage. Sensor-based lighting systems use sensors to detect environmental changes or occupancy, adjusting the lighting accordingly to enhance passenger experiences within airport environments. In May 2022, ADB Safegate BVBA, a Belgium-based airport lighting company, introduced its AXON EQ LED lights. These lights feature integrated sensors that collect crucial data, helping airport operators identify maintenance requirements and optimize their operations. The AXON EQ LED, a part of ADB SAFEGATE's Airfield 4 initiative, aims to improve airport operations with superior routing and guidance technologies, increasing safety and reducing energy consumption.
In October 2021, ADB Safegate BVBA acquired Protec Automation GmbH, a Germany-based specialist in control technology for airport lighting systems, for an undisclosed sum. This acquisition is expected to bolster ADB Safegate’s capabilities in airfield lighting control systems, power technologies, and services, offering comprehensive solutions to clients across Europe and beyond.
Major companies operating in the airport smart lighting market are Siemens AG, Honeywell International Inc., Safran S.A., Koninklijke Philips N.V., Signify Holding, Acuity Brands Inc., TKH Airport Solutions, Midstream Ltd, Astronics Corporation, Schreder Group, OCEM Airfield Technology, ADB Safegate, Carmanah Technologies Corp, GMR ENLIGHTS s.r.l, Sealite Pty Ltd, Eaton Corporation, atg airports limited, Delta Obstruction Lighting, Avlite Systems, Cree Inc., Airsafe Airport Equipment Co. Ltd.
North America was the largest region in the airport smart lighting market in 2023. Asia Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the airport smart lighting market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the airport smart lighting market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Airport smart lighting denotes a sophisticated lighting solution deployed within airport infrastructures, employing cutting-edge technologies such as sensors, wireless connectivity, and automation to enhance lighting efficiency, performance, and eco-friendliness. These systems are designed to intelligently modify lighting levels, colors, and directions based on real-time conditions to optimize visibility, decrease energy use, and lower operational expenses.
The primary categories of airport smart lighting include runway lighting, taxiway lighting, visual glide scope indicators, among others. Specifically, runway lighting illuminates runways for safe takeoffs and landings. The comprehensive offerings of airport smart lighting systems encompass hardware, services, and software. These systems utilize diverse light sources such as fluorescent, halogen, incandescent, and LED lighting. They are applied in various airport areas including airside, terminal, and landside locations, catering to the specific lighting needs of each area.
The airport smart lighting market research report is one of a series of new reports that provides airport smart lighting market statistics, including airport smart lighting industry global market size, regional shares, competitors with a airport smart lighting market share, detailed airport smart lighting market segments, market trends and opportunities, and any further data you may need to thrive in the airport smart lighting industry. This airport smart lighting market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The airport smart lighting market consists of revenues earned by entities by providing services such as wayfinding and navigation, queue management, personalized services, maintenance monitoring, and advertising and promotion. The market value includes the value of related goods sold by the service provider or included within the service offering. The airport smart lighting market also includes sales of motion sensors, approach lights, and obstruction lights. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Airport Smart Lighting Market Characteristics3. Airport Smart Lighting Market Trends and Strategies32. Global Airport Smart Lighting Market Competitive Benchmarking33. Global Airport Smart Lighting Market Competitive Dashboard34. Key Mergers and Acquisitions in the Airport Smart Lighting Market
4. Airport Smart Lighting Market - Macro Economic Scenario
5. Global Airport Smart Lighting Market Size and Growth
6. Airport Smart Lighting Market Segmentation
7. Airport Smart Lighting Market Regional and Country Analysis
8. Asia-Pacific Airport Smart Lighting Market
9. China Airport Smart Lighting Market
10. India Airport Smart Lighting Market
11. Japan Airport Smart Lighting Market
12. Australia Airport Smart Lighting Market
13. Indonesia Airport Smart Lighting Market
14. South Korea Airport Smart Lighting Market
15. Western Europe Airport Smart Lighting Market
16. UK Airport Smart Lighting Market
17. Germany Airport Smart Lighting Market
18. France Airport Smart Lighting Market
19. Italy Airport Smart Lighting Market
20. Spain Airport Smart Lighting Market
21. Eastern Europe Airport Smart Lighting Market
22. Russia Airport Smart Lighting Market
23. North America Airport Smart Lighting Market
24. USA Airport Smart Lighting Market
25. Canada Airport Smart Lighting Market
26. South America Airport Smart Lighting Market
27. Brazil Airport Smart Lighting Market
28. Middle East Airport Smart Lighting Market
29. Africa Airport Smart Lighting Market
30. Airport Smart Lighting Market Competitive Landscape and Company Profiles
31. Airport Smart Lighting Market Other Major and Innovative Companies
35. Airport Smart Lighting Market Future Outlook and Potential Analysis
36. Appendix
Executive Summary
Airport Smart Lighting Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on airport smart lighting market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Reasons to Purchase:
- Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
- Understand how the market has been affected by the COVID-19 and how it is responding as the impact of the virus abates.
- Assess the Russia - Ukraine war’s impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
- Measure the impact of high global inflation on market growth.
- Create regional and country strategies on the basis of local data and analysis.
- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on the latest market shares.
- Benchmark performance against key competitors.
- Suitable for supporting your internal and external presentations with reliable high quality data and analysis
- Report will be updated with the latest data and delivered to you along with an Excel data sheet for easy data extraction and analysis.
- All data from the report will also be delivered in an excel dashboard format.
Description
Where is the largest and fastest growing market for airport smart lighting ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The airport smart lighting market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
- The impact of higher inflation in many countries and the resulting spike in interest rates.
- The continued but declining impact of COVID-19 on supply chains and consumption patterns.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) By Type: Runway Lightings; Taxiway Lightings; Visual Glide Scope Indicator; Other Types2) By Offering: Hardware; Services; Software
3) By Light Source: Fluorescent Lighting; Halogen Lighting; Incandescent Lighting; Light Emitting Diode (LED) Lighting.
4) By Application: Airside; Airport Terminal; Airport Landside; Other Applications
Key Companies Mentioned: Siemens AG; Honeywell International Inc.; Safran S.A.; Koninklijke Philips N.V.; Signify Holding
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
- Siemens AG
- Honeywell International Inc.
- Safran S.A.
- Koninklijke Philips N.V.
- Signify Holding
- Acuity Brands Inc.
- TKH Airport Solutions
- Midstream Ltd
- Astronics Corporation
- Schreder Group
- OCEM Airfield Technology
- ADB Safegate
- Carmanah Technologies Corp
- GMR ENLIGHTS s.r.l
- Sealite Pty Ltd
- Eaton Corporation
- atg airports limited
- Delta Obstruction Lighting
- Avlite Systems
- Cree Inc.
- Airsafe Airport Equipment Co. Ltd.
Methodology
LOADING...
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 175 |
Published | May 2024 |
Forecast Period | 2024 - 2028 |
Estimated Market Value ( USD | $ 1.12 Billion |
Forecasted Market Value ( USD | $ 1.62 Billion |
Compound Annual Growth Rate | 9.8% |
Regions Covered | Global |
No. of Companies Mentioned | 21 |