Airfield Ground Lighting Market to Reach $4.24 Billion by 2034 with 11.2% CAGR

Growing emphasis on decreasing energy consumption with the use of solar-powered LEDs is widening opportunities for airfield ground lighting manufacturers, says Fact.MR

Increasing expenditure by several governments on airport infrastructure due to steadily growing passenger traffic is driving the demand for energy-efficient airfield ground lighting systems for effective operations. The global airfield ground lighting market size is poised to reach a value of US$ 1.47 billion in 2024 and further advance at a CAGR of 11.2% to end up at US$ 4.24 billion by 2034. Safety is one of the paramount aspects of the aviation industry. In addition, airports around the world are governed by the implementation of stringent regulations for upholding and enhancing operational safety standards.

Various regulatory bodies are mandating some particular lighting requirements for ensuring the guidance and visibility necessary for the safe movements of aircraft on taxiways, apron areas, and runways.

Adequate lighting is important for pilots during landing, takeoff, and taxiing, particularly in adverse weather conditions. The constant evolution of certain safety regulations and requirements for compliance is driving airports to spend more on technologically advanced airfield ground lighting for safe operations.

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Key Takeaway from the Airfield Ground Lighting Market Study:

• Worldwide demand for airfield ground lighting systems is approximated to reach a value of US$ 4.24 billion by the end of 2034.
• The market in Japan is forecasted to climb at a CAGR of 11.4% from 2024 to 2034.
• East Asia is projected to account for a 37.2% share of the global market by the end of 2034.
• LED lights are set to account for 70.6% of the global market revenue share by 2034-end.
• Global demand for runway & taxiway lights is expected to increase at a CAGR of 11.2% and reach a market valuation of US$ 2.51 billion by 2034.

“Implementation of stringent safety regulations in the aviation industry and rapid advancements in LED lights are driving up the sales of airfield ground lighting systems,” says a Fact.MR analyst.

Rising Use of LED Lights for Cost-Effectiveness and Longer Lifespan

Worldwide sales of LED lights are anticipated to rise at an 11.3% CAGR and reach US$ 2.3 billion by the end of 2034. Growing preference for LED lights is attributed to their longer lifespan, efficacy, high output, and color properties. In addition, they are comparatively cost-effective solutions than conventional airfield ground lighting.

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More Valuable Insights on Offer

Fact.MR, in its new offering, presents an unbiased analysis of the airfield ground lighting market, presenting historical demand data (2018 to 2023) and forecast statistics for the period (2024 to 2034).

The study divulges essential insights into the market based on light type (approach & side row lights (elevated approach lights, inset approach lights), runway & taxiway lights (runway end lights, runway edge lights, stop bar lights, runway guard lights, threshold lights, taxiway edge lights, obstruction lights, sequential flash lights, inset runway & taxiway lights), runway edge lights (runway threshold lights, runway exit lights, runway end lights, stopway lights, runway centerline lights, touchdown zone (TDZ) lights, rapid exit taxiway indicator lights (RETILs), caution zone lights, landing threshold wing bars), precision approach path indicators (PAPI), FATO lights (final approach & take off lights for heliports), TLOF lights (touchdown & life off lights for heliports)), light source (LED lights, halogen lights), use case (commercial passenger & cargo airports, military airports, heliports), and category (CAT-I (LIRL), CAT-II (MIRL), CAT-III (HIRL)), across six major regions of the world (North America, Europe, East Asia, Latin America, South Asia & Oceania, and MEA).

Key Companies Profiled-

Youyang Airport Lighting Equipment Inc.; Vosla GmbH; ADB SAFEGATE; Honeywell International Inc.; TKH Airport Solutions; OCEM Airfield Technology; ATG Airports Limited; Flash Technology, LLC; Midstream Ltd; Amglo-Kemlite Laboratories, Inc.; AMA Private Limited; Airsafe Airport Equipment Co., Ltd.; TRANSCON ES.

Industry News-

In May 2021, Avlite launched AV-426, which is a new solar aviation light. This light contains monocrystalline solar panels, which are helping in enhancing solar input, and thus ensure efficiency. This newly developed rugged and dependable light is utilized for aviation lighting purposes.

Lynden Pindling International Airport entered into a partnership with ADB SAFEGATE in 2020 for the installation of unidirectional lighting systems.

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