Report Code: A08509 | Pages: NA | Apr 2023 | 2639 Views | ||
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Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Runway Lighting Market
Request Now !Runway lighting is used for a wide variety of indications and warnings on a runway, in darkness or at low visibility. Lighting solution gives a precise view to the aircraft pilots. It is used by runways, which are licensed for use at night. Common runway lightings are runway edge lights, runway threshold lights, and runway end lights. These lights have various applications depending on the requirement and atmospheric variations in specific places. For instance, depending on the need, the intensity of the light could vary, such as high-intensity light and low-intensity light. Runway lights are essential for takeoff, landing, and taxiing activities such as guiding the pilots to identify the starting line of the runway, end line, correct route to be followed, and identifying the taxiway area. Therefore, increase in demand for transportation is expected to fuel the runway lighting market over the forecast period.Â
COVID-19 scenario analysis:
Significant growth of the aviation industry and focus on the expansion of airport infrastructure are expected to spur the demand over the forecast period. Moreover, LED lights, which are often used on the runway, can hamper the clear view through infrared cameras, thereby creating difficulty, which could negatively affect the growth of the runway lighting market. Furthermore, the transition to electric and solar-powered led technology is expected to offer lucrative opportunities for the market over the forecast period.
The runway lighting market trends are as follows:
The aviation industry has significantly grown from quite some time now as most people prefer to travel by air. To save time and have a safe comfortable journey, more people are shifting toward air transportation. This has led to developing the aviation industry, ranging from manufacturers to governments, thereby improving the services and safety. In addition, increase in investments in the aviation industry is expected to boost the runway lighting market growth over the forecast period.
Infrastructure has become one of the most significant features to attract new business of any industry. It is considered to be the most prominent feature from the consumer's point of view to trust in a business. Therefore, companies as well as governments across the world are concerned about the infrastructure of the airport as facilities and safety measures attract more businesses. Increase in awareness for safety has forced authorities to use the most advanced technologies, which is expected to further grow the runway lighting market over the forecast period.
Key benefits of the report:
Questions answered in the runway lighting market research report:
Runway Lighting Market Report Highlights
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Key Market Players | Philips Lighting Holding, Honeywell, Cree, ADB Airfield, OCEM Airfield Technology, ATG Airports, Vosla, Youyang, Eaton, Hella, OSRAM, Astronics Corporation |
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