The latest Airport and airfield lighting said to be very advanced and effective solution/systems for airside, landside and ground access.
(PRWEB) March 12, 2013
According to a new market research report, "Commercial Airport Lighting Market (Terminal, Airside & Landside) 2013 – 2018", authored by MarketsandMarkets, the total market is expected to reach $244.3 Million by 2018 with a CAGR of 6.07%.
- 58 Market Data Tables
- 47 Figures
- 127 Slides and an in-depth Table of Content on “Airport Lighting Market"
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The major market share would be primarily in Middle East and Europe. It is mainly because of the high level of investment that is prevalent in this region. Terminal lighting will be more expensive among the other two categories as the number of lights present in a terminal building is far beyond imagination.
Middle East, EU and Asia Pacific will be the regions where a lot of projects are going on and some are in the pipeline of execution. Each region has its own uniqueness of architecture, lighting systems inside the terminal building and most important of all the square meter area of the terminal.
For an airport lighting consultant, it is of great importance to understand the lighting needs of that particular airport, and give them the best efficient systems. In today's world, airports being certified with LEED certification and cutting down on electricity costs seems to be of high importance to the airport owners.
The global Commercial Airport Lighting Market revenue can be expected to grow from $909.9 million in 2013 to $1,221.7 million by 2018, at an estimated CAGR of 6.07% from 2013 to 2018. Middle East commanded the largest share of the commercial airport lighting market revenue in 2013 at $496.9 million; and can be expected to reach $669.7 million by 2018, at a CAGR of 6.15% from 2013 to 2018.
Scope of the Report
This report analyzes the Global Commercial Airport Lighting Market based on:
- Terminal Lighting,
- Airside Lighting &
- Landside lighting
In addition to market sizes and forecasts, the report also provides a detailed analysis of the market trends and factors influencing market growth, offering in-depth geographic analyses of the airport lighting market in North America, Europe, Asia-Pacific, Latin America, Middle East and Africa. The report draws the competitive landscape of the airport lighting market, providing an in-depth comparative analysis of the technological and future developments the key players are adopting.
MarketsandMarkets is a global market research and consulting company based in the U.S. We publish strategically analyzed market research reports and serve as a business intelligence partner to Fortune 500 companies across the world.
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