|By PR Newswire||
|April 14, 2014 08:21 AM EDT||
DUBLIN, Apr. 14, 2014 /PRNewswire/ --Research and Markets (http://www.researchandmarkets.com/research/ptlvnc/global_commercial) has announced the addition of the "Global Commercial Airport Lighting Market Report" report to their offering.
The analysts forecast the Global Commercial Airport Light market to grow at a CAGR of 6.42 percent over the period 2012-2016. One of the key factors contributing to this market growth is the increasing global air traffic. The Global Commercial Airport Light market has also been witnessing rapid technological advancements. However, the increasing cost of airport operations could pose a challenge to the growth of this market.
The report, the Global Commercial Airport Lighting Market Report, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market in the APAC region, Europe, North America, South America, Middle East, and Africa; it also covers the Global Commercial Airport Light market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
The increasing penetration and adoption of solar LED lighting is a major trend emerging in the Global Commercial Airport Lighting System market. Currently, solar LED lighting systems are low-maintenance and easy-to-install lighting systems for airports. These lighting systems can be used in obstruction lighting, apron edge lighting, taxiway edge lighting, and construction barricade lighting in the airside of airports.
These lighting systems are approved by the ICAO. Some of the world's busiest airports such as Dubai International Airport, London Gatwick Airport, Chicago O' Hare International Airport, and Toronto Pearson International Airport use solar LED lighting systems. Therefore, there is an increase in the number of vendors that are providing solar LED lighting systems that enable users to ensure high-quality service at airports. For instance, Avlite Systems, ADB Airport Solutions, and Carmanah Technologies have developed solar LED lighting systems for airports.
According to the report, one of the major drivers for the growth of this market is the increasing global air traffic. With an increase in the number of commercial airports, there has been a corresponding increase in the number of passengers that travel by air, and this in turn has led to an increase in the number of aircrafts. Hence, there is a growing need to manage the increasing number of aircraft movements at the airside, thereby leading to a high demand for commercial airport lighting systems.
Further, the report states that one of the major challenges in the market is the increasing cost of airport operations. This reduces the profit margins of commercial airports, thereby preventing them from upgrading their current airport lighting systems.
Key Topics Covered:
1. Executive Summary
2. Scope of the Report
3. Market Research Methodology
4. List of Abbreviations
6. Market Landscape
7. Geographical Segmentation
8. Key Leading Countries
9. Buying Criteria
10. Market Growth Drivers
11. Drivers and their Impact
12. Market Challenges
13. Impact of Drivers and Challenges
14. Market Trends
15. Trends and their Impact
16. Vendor Landscape
17. Key Vendor Analysis
18. Other Reports in this Series
- ATG Airports Ltd.
- Abacus Lighting
- Honeywell International Inc.
- Vosla GmbH.
- Hella KGaA Hueck & Co.
- Carmanah Technologies Corp.
- Cooper Lighting
- Avlite Systems
- ADB Airfield Solutions
- Siemens AG.
For more information visit http://www.researchandmarkets.com/research/ptlvnc/global_commercial
Media Contact: Laura Wood , +353-1-481-1716, [email protected]
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