New report on Commercial Airport Lighting Market by Divisions According to application divisions, the market is segmented into airside lighting, landside lighting and terminal lighting. Airside lighting is commonly used due it is mandatory component required in airport lighting. Terminal lighting market is also growing as it is important for ambience of the airport and enhances the appearance of airports. The market is driven by increasing investment in infrastructure and the entry of private players. The limiting factors to the market are economic crisis in some economies, and regulatory & administrative issues subjected to airports. The market is expected to grow due to rapidly increasing number of international flights. Commercial Airport Lighting Market by Type As per lighting type, the market is classified into airport beacon, visual glide scope indicator, visual approach scope indicator (VASI), precision approach path indicator (PAPI), runway lighting, runway edge lighting, taxiway lighting, obstruction lighting and others. Runway lighting, runway edge lighting and approach lighting are commonly used types of airport lighting, as their inevitability in commercial aircraft operations during nights.
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The lighting systems studied in the research are beneficial to enhance airport’s look. The improved appearance and support for night flights helps to reposition the respective airport to world-class standards. Hence, nowadays many airports are upgrading their lighting systems as per new-age standards. The study highlights the trends in the market in order to identify business opportunities.
High Level Analysis The bargaining power of customers is moderate due to presence of multiple companies in the market, whereas, the bargaining power of suppliers is expected to remain moderate, due to easier availability of required lighting equipment. Degree of intersegment rivalry is expected to increase as many players are expected to step in. Threat of substitutes is low since no feasible alternative exists to airport lighting. Competitive Landscape To penetrate into the market, companies are adopting expansion strategies to target new market segments. For instance, AMA India caters to range of clients such as runway lighting for Chatrapati Shivaji International Airport, Mumbai and Helipad at Rashtrapati Bhavan, New Delhi.
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