Market Overview

The Global Airport Runway Lighting Market was valued at USD 488.3 million in 2023 and is expected to reach USD 924.2 million by 2031 while growing at a CAGR of 8.3% during the forecast period (2024-2031).

*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Market Dynamics

This section of the report will analyze various driving and restraining factors that are expected to have a significant impact on the global airport runway lighting market growth. Airport runway lighting is a vital system of lights along runways and taxiways, aiding pilots in takeoff, landing, and taxiing. Essential for safe air traffic, these lights guide pilots, enhance visibility and maintain alignment, particularly in low visibility conditions like night, fog, or adverse weather.

Ongoing technological advancements, such as energy-efficient LED technologies and the continuous growth in global air traffic, are set to drive the airport runway lighting market. However, challenges like regulatory compliance and environmental concerns may impede market expansion.

Furthermore, the global airport runway lighting industry will be analyzed through various tools including PESTLE analysis, and Porter’s analysis.

Segmentation – By Technology Analysis

The Global Airport Runway Lighting Market is segmented among LED lighting, Incandescent lighting, and Halogen lighting, based on Technology. In 2023, LED lighting accounted for the majority of the market share*.

*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Segmentation – By Installation Type Analysis

The Global Airport Runway Lighting Market is segmented among New Installation, and Retrofit, based on Installation Type. In 2023, New installation accounted for the majority of the market share*.

*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Global Airport Runway Lighting Market: Regional Analysis

Based on region, the market is divided into six regions including North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. In 2023, North America dominated the market with the highest market share, while Asia Pacific is expected to grow with the highest CAGR during the forecast period (2024 – 2031).

*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Competitive Landscape

Some of the key players operating in the market are ABB Ltd., ADB Safegate, Astronics Corporation, ATG Airport Technology, Avilite Systems, Avionics Ltd., Carmanah Technologies Corp., Eaton Corporation PLC, Honeywell International Inc., OCEM Energy Technology, OSRAM Licht AG, TKH Airport Solutions, and Vosla Gmbh.

Table of Contents:

1. Research Methodology and Market Scope

• Research Methodology

• Market Scope

2. Executive Summary

3. Global Airport Runway Lighting Market Dynamics

• Drivers

• Restraints

• Opportunity

4. Global Airport Runway Lighting Industry Analysis

• PEST Analysis

• Porter's Five Force Analysis

• Recent Deals Analysis

5. Global Airport Runway Lighting Market Segmentation, By Technology

• Global Airport Runway Lighting Market Share Analysis, By Technology

• Global Airport Runway Lighting Market Growth Analysis, By Technology

• Global Airport Runway Lighting Market Trends, By Technology

o LED lighting

o Incandescent lighting

o Halogen lighting

6. Global Airport Runway Lighting Market Segmentation, By Installation Type

• Global Airport Runway Lighting Market Share Analysis, By Installation Type

• Global Airport Runway Lighting Market Growth Analysis, By Installation Type

• Global Airport Runway Lighting Market Trends, By Installation Type

o New installation

o Retrofit

7. Global Airport Runway Lighting Market Segmentation, By End-use

• Global Airport Runway Lighting Market Share Analysis, By End-use

• Global Airport Runway Lighting Market Growth Analysis, By End-use

• Global Airport Runway Lighting Market Trends, By End-use

o Commercial airport

o Military airport

o Private airport

8. Global Airport Runway Lighting Market Segmentation, By Region

• Global Airport Runway Lighting Market Share Analysis, By Region

• Global Airport Runway Lighting Market Growth Analysis, By Region

• Global Airport Runway Lighting Market Trends, By Region

o North America

o Europe

o Asia Pacific

o Latin America

o Middle East

o Africa

9. Competitive Landscape

• ABB Ltd.*

o Company Overview

o Financial Performance

o Key Development/Strategies

o SWOT Analysis

• ADB Safegate

• Astronics Corporation

• ATG Airport Technology

• Avilite Systems

• Avionics Ltd.

• Carmanah Technologies Corp.

• Eaton Corporation PLC

• Honeywell International Inc.

• OCEM Energy Technology

• OSRAM Licht AG

• TKH Airport Solutions

• Vosla Gmbh

 *Similar analysis will be provided for each company listed above.