Europe Airport Lighting System Market is Expected to Reach $170.50 Million in 2018 - New Report by MicroMarket Monitor
(PRWEB) August 07, 2014 -- Airport lighting is an important safety feature which is necessary at every airport to facilitate night flying.
The European commercial airport lighting market was estimated at $143.60 million in 2013, and is expected to reach $170.50 million by 2018 at a CAGR of 3.50%. This report provides an in-depth analysis of the Europe commercial airport lighting market till 2018. It also provides an insight into the regional trends to analyze the market share.
Browse through the TOC of the Europe commercial airport lighting market report to get an idea of the in-depth analysis provided. It also provides a glimpse of the segmentation in the market, and is supported by various tables and figures.
http://www.micromarketmonitor.com/market/europe-airport-lighting-system-8593990728.html
The market is segmented and sub-segmented on the basis of airport application areas, technology, and region. It is broadly segmented into three segments: landside, terminal, and airside. By technology, it is segmented into LED (Light Emitting Diode), incandescent, and fluorescent. These technologies are further divided by application areas.
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The growth in passenger traffic and the steadily growing economies in the region are the major driving factors for airports in this region to consider expansion of their current capacities. The need for energy-efficient lighting systems is driving the airport lighting market in Europe. Technological advancement in the airport lighting market will increase the energy efficiency and add to the safety factor at airports.
The airport lighting system market in Europe is driven by the need for investments in development, expansion, and improvement of facilities, as well as the need for increased performance on investment, maintenance, operations, and management. The market is restrained by economic crises, middlemen issues, poor funding from public airport authorities, and incongruity between airport authorities and owners.
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This report also includes the market share, supply chain and value chain analyses, and market metrics such as drivers and restraints. In addition, it presents a competitive landscape and company profiles of key players in this market.
Related Reports:
North America Airport Lighting System Market
The airport lighting system market is one of the major markets generating revenue for the manufacturers in the commercial aviation sector in North America. Currently, the North American airport lighting system market is valued at $65.7 million and is expected to grow to $71.7 million by 2018. The market in North America is expected to grow at a CAGR of 2% from 2012 to 2018.
This report provides an in-depth analysis of the North American commercial airport lighting market till 2018. It also provides an insight into the regional trends to analyze the market share. Airport lighting is an important safety feature, which is necessary at every airport to facilitate night flying.
The market is segmented and sub-segmented on the basis of airport application areas, technology, and region. The market is broadly segmented into 3 segments, namely, landside, terminal, and airside. It considers segmentation of the market by technology namely, LED (Light Emitting Diode), incandescent, and fluorescent. These technologies are further divided by application areas. With the uncertainties in the economy, increase in global air travel, and the stringent energy policies of the government, the major challenge for the airports is to enhance passenger experience and improve the management of the airport at reduced costs.
The need for energy-efficient lighting systems is driving the airport lighting market in North America. The current trend of this market is the technological advancements in the airport lighting market, which will increase the energy efficiency and add to the safety factor at the airports.
http://www.micromarketmonitor.com/market/north-america-airport-lighting-system-6924333109.html
Asia-Pacific Airport Lighting System Market
The airport lighting system market is one of the major markets generating revenue for the manufacturers in the commercial aviation sector in Asia-Pacific. Currently, the Asia-Pacific airport lighting system market is valued at $136.7 million and is expected to grow to $177.2 million by 2018. The market in Asia-Pacific is expected to grow at a CAGR of 7% from 2012 to 2018.
This report provides an in-depth analysis of the APAC commercial airport lighting market till 2018. It provides an insight into the regional trends to analyze the market share. Airport lighting is an important safety feature necessary at every airport to facilitate night flying.
The market is segmented on the basis of airport application areas, technology, and region. The market is broadly segmented into 3 segments, namely, landside, terminal, and airside. It considers segmentation of the market by technology namely, LED (Light Emitting Diode), incandescent, and fluorescent. These technologies are further divided by application areas.
http://www.micromarketmonitor.com/market/asia-pacific-airport-lighting-system-1302195416.html
Middle East Airport Lighting System Market
The airport lighting system is one of the major markets generating revenue for the manufacturers in the commercial aviation sector in the Middle East. Currently, the Middle East airport lighting system market is valued at $548.9 million and is expected to grow to $667.7 million by 2018. The market in the Middle East is expected to grow at a CAGR of 5% from 2012 to 2018.
This report provides an in-depth analysis of the Middle East commercial airport lighting market till 2018. It also provides an insight into the regional trends to analyze the market share. Airport lighting is an important safety feature, which is necessary at every airport to facilitate night flying.The market is segmented and sub-segmented on the basis of airport application areas, technology, and region. The market is broadly segmented into 3 segments, namely, landside, terminal, and airside. It considers segmentation of the market by technology namely, LED (Light Emitting Diode), incandescent, and fluorescent. These technologies are further divided by application areas.
The growth in the passenger traffic and the steadily growing economies in the region are the major driving factors for the airports in this region to consider expansion of its current capacity. The need for energy-efficient lighting systems is driving the airport lighting market in the Middle East. The current trend of this market is the technological advancements in the airport lighting market, which will increase the energy efficiency and add to the safety factor at the airports.
http://www.micromarketmonitor.com/market/middle-east-airport-lighting-system-3049495086.html
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